587 3rd St, Lake Oswego, OR 97034 Property Records

Clackamas County property record for 587 3rd St, Lake Oswego, OR 97034

Property Summary

Property TypeCommercial
Details1 sqft · built 1980
Lot Size0.137 acres (6,000 sqft)
Owner2 Individual Names on Record
Last Sale$297,000 (Jan 1988)
Tax Bill$7,865 (2025)
Flood ZoneZone X (minimal risk)
APN21E03DD02600

Property Details

APN / Parcel Number

Primary APN21E03DD02600
Alternative APN
  • 00198137

Interior

Building Area1 sqft
1st Floor Area1 sqft

Exterior

Year BuiltBuilt 1980
Lot Area6,000 sqft

Location & Zoning

Account Number00198137
Street Address587 3RD ST
CityLAKE OSWEGO
StateOR
Zip97034-3001
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeEC
Legal Description29 1ST ADD TO OSWEGO EXC E 1/2 LT 15 EXC ELY 1/2 LT 16 BLK 32
Legal Range01E
Legal Township02S
Legal Section03
Legal QuarterSE
Quarter-Quarter SectionSE
Legal SubdivisionADD ADD
Legal Block32
Legal Lot Number15-16
JurisdictionCLACKAMAS OR
Township / Civil DivisionNORTHWEST CLACKAMAS
Census Block Group1
Census Block1034
Census Tract20102

Owner

Source: Clackamas County records, as of November 17, 2025

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record2 Individual Names on Record
Mailing Address12223 S EDGECLIFF RD, PORTLAND, OR 97219-8480
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJan 1, 1988 · Amount on Record
Deed SaleJan 1, 1988 · Amount on Record
Deed Document Number1988-000558
Record UpdatedJun 8, 2026

Tax Assessment & Valuation

Source: Clackamas County assessment roll, as of September 30, 2025

Property Jurisdictions

TypeName
StateOregon
CountyClackamas County
MunicipalityLake Oswego City
Unified School DistrictLake Oswego School District 7J (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$7,865.00 (+5.84%)$410,483 (+6.09%)$957,178 (+8.1%) Land $565,848 Building $391,330
2023$7,431.00$386,921$885,442 Land $522,922 Building $362,520

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective April 12, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemLAKE OSWEGO MUNICIPAL WATER
serves 40,000 people · EPA ID OR4100457
Water SourcePurchased surface water from LAKE OSWEGO - TIGARD WATER SUPPLY
Last State InspectionOct 2025
Lead2 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 625 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
CenturyLink
Fiber
2,000 / 1,000
Xfinity
Cable · Fiber in parts of the area
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: AT&T.

Nearby Properties on 3rd St

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