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$708,500
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Property Description
Charming townhome in the heart of downtown Lake Oswego. Tucked away in a quiet European-style courtyard in coveted First Addition, this beautifully appointed home offers the perfect blend of privacy, style, and walkability. The main level features an open-concept living and dining area with solid hardwood floors, a cozy gas fireplace and powder room. A sliding glass door opens to an attached private patio, perfect for morning coffee, outdoor dining, or evening entertaining. The kitchen includes stainless steel appliances, shaker cabinetry with Rejuvenation hardware, quartz countertops, and a functional layout that connects easily to the main living space. On the second floor you'll find two ensuite bedrooms with closet organizers and a conveniently located laundry. The third level features a bright open loft with expansive windows, vaulted ceilings and storage closets, perfect for a secluded living area or home office. Additional highlights include a newly installed Carrier furnace and heat pump/AC, new wall-to-wall carpeting throughout the second and third floors and a deeded garage with storage. Enjoy access to the beautifully maintained shared courtyard and an unbeatable First Addition location just blocks from downtown Lake Oswego shops, restaurants, the farmers market, library, grocery stores, parks, and more. Served by top-rated Lake Oswego schools, this is low-maintenance living in one of Lake Oswego's most desirable neighborhoods.
Full Property Details
Full Property Details for 562 2nd St
General
- Sold For: $708,500
- HOA FEE: $615/month
- Taxes: $6,425 (2025)
- Status: Sold
- Type: Townhouse
- Source: RWMLS
- MLS ID: 514764398
- Added to Site: 93 day(s) ago
Interior
- Interior Features: Hardwood Floors, Laundry, Sprinkler, Tile Floor, Vaulted Ceiling(s), Wall to Wall Carpet
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Built-in Refrigerator, Dishwasher, Disposal, Free-Standing Gas Range, Gas Appliances, Range Hood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Partial Bathrooms: 1
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 13 x 13, Upper, 169 Sq. Ft.
- Bedroom 2: 11 x 12, Upper, 132 Sq. Ft.
Other Rooms
- Living Room: 12 x 15, Main, 180 Sq. Ft.
- Kitchen: 9 x 11, Main, 99 Sq. Ft.
- Dining Room: Main
- Loft: 12 x 21, Upper
Additional Information
- Shared Amenities: All Landscaping, Exterior Maintenance, Front Yard Landscaping, Insurance, Maintenance Grounds, Management, Sewer, Trash, Water
- Security/Safety: Fire Sprinkler System
Exterior
- Exterior Features: Fenced, Patio, Sprinkler
Parking
- Garage: Yes
- Total Spaces: 1
- Parking Features: On Street
Location
- County: Clackamas
- Subdivision: First Addition
- Driving Directions: A Ave to 2nd St
School Information
- Midd School District: Lake Oswego
- Elementary School: Forest Hills
- Middle School: Lake Oswego
- High School: Lake Oswego
Community
- Community Name: 147 - Lake Oswego, West Linn
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: Townhouse
- Basement Desc.: Crawl Space
- Roof: Composition
- Windows: Double Pane Windows
- Stories/Levels: 3
- Square Feet: 1,370
- Year Built: 2005
- Property Condition: Resale
Lot Features
- Frontage: Paved
- Lot Features: Level
Financial Considerations
- Association Fee: $615
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,425.22
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: 05015605, 05015629
Listed and Sold by Real Broker (855) 450-0442, Chris Larsson (503) 989-6123
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Schools
Schools serving 562 2nd St
School District:Lake Oswego School District 7j
| Name | Grades | Distance |
|---|---|---|
Forest Hills Elementary School 1133 Andrews Road, Lake Oswego, OR 97034 | K-5 | 0.6 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 562 2nd St
Date
Details
Price
Change
Source
7/30/2026
Sold
$708,500
-1.46%
MLS
6/04/2026
Listed
$719,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
562 2nd St, Lake Oswego, OR 97034 (MLS# 514764398) is a Townhouse property that was sold at $708,500 on July 30, 2026. Want to learn more about 562 2nd St? Do you have questions about finding other Townhouse 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.

