masterkey logo
13581 Goodall Rd
Lake Oswego, OR

13581 Goodall Rd

$3,350,000
4 bd • 5 ba • 5,141 sf

This analysis was generated by artificial intelligence on 1/27/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

Listen

AI Property Analysis

0:00
0:00 / 0:00
List Price

$3,350,000

Price/Sq.Ft

$652

Year Built

2021

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• **Custom-Built Quality:** Constructed by award-winning Teal Point Construction as their personal residence, the home boasts superior craftsmanship and high-quality materials, indicating a high build quality. • **Modern Design and Finishes:** The Pacific Northwest Contemporary style, designer finishes, fresh interior paint, and high-end features give the property a modern and luxurious feel. • **Desirable Location:** Located in Lake Oswego's Forest Highlands neighborhood, the property is near top-rated schools (8-10/10) and is across from a future Street of Dreams site, suggesting a desirable location. • **Spacious Living:** The 5,141 square feet provides ample space for a family, with four bedrooms and five bathrooms, including a main-floor spa-like primary suite. • **Extensive Amenities:** The property includes a gourmet kitchen, home gym, built-in barbecue, fire pit, RV/boat parking, and a wine cooler, among other high-end features, catering to a luxury lifestyle. • **Open Layout:** The open layout seamlessly integrates indoor and outdoor spaces, making it ideal for entertaining and family life. • **Energy Efficient:** The property features ENERGY STAR qualified equipment and a tankless water heater.

The Bad

• **High Price per Square Foot:** At $651.62 per square foot, this property is priced higher than the average for Lake Oswego, which may deter some buyers. A comparison with other luxury homes in the area is essential to validate this valuation. • **Days on Market:** The property has been on the market for 158 days, which is longer than the average for Lake Oswego. This could indicate the property is overpriced or has other issues that are deterring potential buyers. • **Limited Lot Size:** While the .71-acre lot is beautifully landscaped, it may be considered small by some buyers, especially compared to other luxury homes in the area. • **Air Quality:** The extreme air quality risk (9/10) and 14 bad air days per year are significant drawbacks, especially for buyers sensitive to air quality. • **Lack of Specific HOA Details:** The description does not mention HOA fees, which could lead to uncertainty for buyers. Potential buyers should verify the existence and amount of any HOA fees.

The Ugly

• **High Estimated Insurance Costs:** With an estimated insurance cost of $12,060 per year, this property incurs significant carrying costs, likely due to the fire risk and other factors. This is much higher than the average for the area. • **Potential for High Property Taxes:** Lake Oswego is known for its high property taxes. Buyers need to factor this into their long-term ownership costs. The high valuation of $3,350,000 suggests a substantial tax burden. • **Air Quality Issues:** The extreme air quality risk (9/10) with 14 bad air days per year is a major concern. This could necessitate the use of air purifiers and impact the enjoyment of outdoor spaces. • **Market Price Fluctuation:** The property's price history shows a high degree of price volatility, with large percentage increases and decreases in the past. The recent 2.9% price decrease could indicate that the property may not be priced correctly for the current market. • **Potential for Landslide:** As noted in the local market context, some parts of Lake Oswego are prone to landslides. While not specifically mentioned for this property, the hilly nature of the area indicates that a geological inspection is recommended. • **Limited Commercial Areas:** Lake Oswego has limited commercial areas compared to Portland. This might be a downside for buyers who prefer a wider variety of shopping and dining options. • **Mature Trees:** While the landscaping is lush, mature trees can pose a risk (e.g., falling trees during storms) and require ongoing maintenance.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• High-Net-Worth Buyers seeking a luxury, custom-built home with high-end finishes and modern amenities. The property's features, such as the gourmet kitchen, spa-like primary suite, and home gym, cater to a discerning clientele. • Families with school-aged children who prioritize access to top-rated schools. The property is located within walking distance of highly rated Lake Oswego schools, including an elementary school (8/10), junior high (8/10), and high school (10/10). • Buyers who value outdoor living and entertaining. The property features a built-in barbecue, fire pit, and an open layout that seamlessly blends indoor and outdoor spaces, perfect for hosting gatherings. • Buyers desiring a move-in ready home with a modern aesthetic. The recent construction (2021), fresh interior paint, and designer finishes mean less immediate work for buyers. • Buyers looking for a home with ample storage and parking, including RV/boat parking. The property caters to active lifestyles with its versatile storage options.

Not For

• Buyers on a tight budget: The price per square foot ($651.62) is above the market average in the Portland metro area. This property is not suitable for those seeking a budget-friendly home. • Buyers who prioritize low air quality risk. The property's extreme air quality risk (9/10) and 14 bad air days per year might not appeal to those with respiratory sensitivities or who prefer cleaner air. • Buyers who prefer a low-maintenance lifestyle. While the home is relatively new, the .71-acre lot requires upkeep, and the mature trees could lead to additional maintenance costs. • Buyers needing a large yard for recreation. The .71-acre lot, while beautifully landscaped, may not provide ample open space for activities that require large grassy areas. • Buyers who prefer a more traditional home style. This property features a Pacific Northwest Contemporary design, which may not appeal to those who prefer a different architectural style.
Demographics
Area Median Income

$135,538

Price Prediction Challenge

Think you know what 13581 Goodall Rd will sell for? Put your market expertise to the test!

Be the first to predict

Your local insight could help set the benchmark for other buyers.

No predictions yet

Kick off the challenge by making your guess. You'll help other buyers get a feel for this property’s value—and you might just claim the top spot when it sells.

Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Risk Assessment

Climate Risks

airEXTREME

14 bad air quality days per year

fireMODERATE

Insurance: Recommended

heatMINOR

7 extreme heat days per year

98th percentile: 92°F

floodMINIMAL

FEMA Zone: X_UNSHADED

Insurance: Optional

windMINIMAL

Insurance: Optional

Risk Analysis

• **Air Quality:** The extreme air quality risk (9/10) and 14 bad air days per year could pose health concerns, especially for those with respiratory issues. This could also impact the resale value if the area continues to experience poor air quality. • **Fire Risk:** Although moderate (3/10), the fire risk means higher insurance premiums are recommended. • **Market Volatility:** The property has experienced several price fluctuations, with a recent 2.9% decrease. This may indicate price sensitivity or potential instability in the local luxury market. • **Maintenance:** While new, the property's mature landscaping and high-end features could incur higher-than-average maintenance costs over time. • **HOA Fees:** The description does not mention HOA fees, it is important to check for potential fees, rules, and regulations before making an offer, as they can impact your budget and lifestyle.
Insurance
Annual Cost

$12,060

$1,005 per month

Financials

Monthly Costs

Price History

Property Taxes

$28,094
2024 Tax Assessment
3.0%from previous year
Assessed Value$1,459,210
Tax Rate1.93%

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Stats in the Area

Average Price

$1,427,500

-57.4% below list price

Median Price

$2,000,000

Based on 2 recent sales

Price per Sq.Ft

$337

Comparable Properties

3096 WEMBLEY PARK RD, Lake Oswego, OR 97034
Price: $2,000,000
Sq.Ft: 4,165
Beds/Baths: 5/4
$/Sq.Ft:
$48026.3%
Sale Date: 9/12/2024
3225 3227 SW STEPHENSON ST, Portland, OR 97219
Price: $855,000
Sq.Ft: 4,394
Beds/Baths: /
$/Sq.Ft:
$19570.1%
Sale Date: 8/16/2024

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Potential Savings

$100,500

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow® listing.

Free Analysis
AI-Powered Insights
Instant Results