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$899,000
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Property Description
Open Sunday 8/2 from 1-3pm! Condo living at its best with unbeatable views of Oswego Lake's Lakewood Bay, just steps from downtown Lake Oswego. This beautifully updated upper-level end unit features 2 bedrooms, a den, and 2 full bathrooms. Enjoy hardwood floors throughout, high ceilings, stunning floor-to-ceiling windows, two covered decks, crown molding, a gas fireplace, and an updated kitchen with an island, quartz countertops, newer cabinetry, and stainless steel appliances. The spacious and tranquil primary suite offers lake views, a generous walk-in closet, and an updated bathroom with a walk-in shower. Additional highlights include two deeded parking spaces, extra storage, all appliances stay (including washer & dryer), central air conditioning and a secure building - all in the heart of downtown Lake Oswego.
Full Property Details
Full Property Details for 123 3rd St
General
- Price: $899,000
- HOA FEE: $1,070/month
- Taxes: $7,393 (2025)
- Status: Active
- Type: Condo
- Source: RWMLS
- MLS ID: 164115510
- Updated: 7/29/2026
- Added to Site: 58 day(s) ago
Interior
- Interior Features: Bamboo Floor, Hardwood Floors, High Ceilings, Laundry, Quartz
- Fireplace(s): Gas
- Appliances: Dishwasher, Disposal, Gas Appliances, Island, Quartz, Solid Surface Countertop, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Main
- Bedroom 2: Main
Other Rooms
- Living Room: Main
- Kitchen: Main
- Dining Room: Main
- Den: Main
Additional Information
- Shared Amenities: All Landscaping, Commons, Exterior Maintenance, Front Yard Landscaping, Maintenance Grounds, Management, Sewer, Trash, Water
- Security/Safety: Entry, Fire Escape
Exterior
- Exterior Features: Covered Deck, Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Total Spaces: 1
- Parking Features: Covered, Deeded
Location
- County: Clackamas
- Driving Directions: A Ave South to 3rd Street - End of Street on Left
School Information
- Elementary School: Forest Hills
- Middle School: Lake Oswego
- High School: Lake Oswego
Community
- Community Name: 147 - Lake Oswego, West Linn
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: Modern
- Roof: Composition
- Windows: Double Pane Windows, Vinyl Frames
- Stories/Levels: 1
- Square Feet: 1,205
- Year Built: 1998
- Property Condition: Updated/Remodeled
Lot Features
- Frontage: Paved
- Lot Features: Commons
Water Features
- Water Front: Yes
- Water Front Desc.: Lake
- Lake Front: Yes
Financial Considerations
- Association Fee: $1,070
- Assoc Fee Freq.: Monthly
- Tax Amount: $7,393.85
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 3416 LAKEWOOD LOFTS&CONDOS UNIT 123
- Disclosures/Reports: Disclosure
- Property ID: 1814442
Listed by Windermere Realty Trust (503) 636-5000, Sara Lewis (503) 481-3478
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Schools
Schools serving 123 3rd St
School District:Lake Oswego School District 7j
| Name | Grades | Distance |
|---|---|---|
Forest Hills Elementary School 1133 Andrews Road, Lake Oswego, OR 97034 | K-5 | 0.8 mi |
Lake Oswego Junior High School 2500 Country Club Road, Lake Oswego, OR 97034 | 6-8 | 1.8 mi |
Lake Oswego Senior High School 2501 Country Club Road, Lake Oswego, OR 97034 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 123 3rd St
Date
Details
Price
Change
Source
7/16/2026
Price Reduced
$899,000
-5.37%
MLS
6/22/2026
Price Reduced
$950,000
-4.81%
MLS
6/06/2026
Listed
$998,000
126.82%
MLS
1/08/2016
Sold
$440,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 123 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,394
3%
$385,858
3%
2024
$7,197
3%
$374,620
3%
2023
$6,985
12%
$363,709
6%
2021
$6,260
-8%
$342,832
-3%
2022
$6,778
8%
$353,116
6%
2021
$6,260
5%
$332,847
3%
2019
$5,952
5%
$323,153
3%
2018
$5,660
4%
$313,741
3%
2017
$5,462
10%
$304,603
3%
2016
$4,971
7%
$295,731
3%
2015
$4,663
6%
$287,117
3%
2014
$4,402
19%
$278,754
20%
2013
$3,699
—
$232,080
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 123 3rd St
123 3rd St, Lake Oswego, OR 97034 (MLS# 164115510) is a Condo property with 2 bedrooms and 2 full bathrooms. 123 3rd St is currently listed for $899,000 and was received on June 06, 2026. Want to learn more about 123 3rd St? Do you have questions about finding other Condo real estate for sale in Lake Oswego? You can browse all Lake Oswego real estate or contact a Coldwell Banker agent to request more information.

