Cottage / Storybook home in LakeOswego, OR
Set in LakeOswego, OR, this Cottage home provides 4 bedrooms and 3 bathrooms across 3,150 square feet. The listing highlights deck / patio, fireplace, and walk-in closet.
| Price | $1,895,000 |
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| Beds | 4 |
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| Baths | 3 |
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| Sqft | 3150 |
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| Architectural style | Cottage / Storybook (39% match) |
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| Address | 616 4th St, LakeOswego, OR 97034 |
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Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Features: deck / patio, fireplace, walk-in closet.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $1.9M, this home is 218% above the $595K median for 593 similar Cottage / Storybook homes in Portland, OR.
- That works out to $602 per square foot, 89% above the $319 comparable rate.
- On the market 22 days.
| This home | $1,895,000 |
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| Cottage / Storybook median in Portland, OR | $595,000 (593 homes) |
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| Price per sq ft | $602 vs. $319 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $12,552/month with 20% down at a 7.28% 30-year fixed rate. You would need about $537,939 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $10,373/mo |
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| Property tax (new-buyer reassessed rate) | $1,469/mo |
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| Homeowners insurance | $711/mo |
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| Total monthly | $12,552/mo |
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| Down payment (20%) | $379,000 |
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| Income needed | $537,939/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (62 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (62/100) |
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| Beats renting in | 13% of modeled paths |
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| Modeled 5-yr equity (median) | $901,136 |
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| Range (10th to 90th pct) | $546,056 to $1,341,934 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Portland, OR where local data is thin.
Local home values
Typical home values in Portland, OR have risen about 6% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately