County Name: Multnomah
APN / Parcel Number: R258289
Current Ownership: Michael Payne
Site Address: 15809 NE Hancock St, Portland OR 97230
Mail Address: 15809 NE Hancock St, Portland OR 97230 *Owner Occupied
Tract / Subdivision: / Robinbrook
Census Tract / Block: 009400 / 5002
Lot / Block: 4 / 6
Twn / Rng / Sec / Qtr: 01N / 02E / 25 / SE
Brief Legal Description: ROBINBROOK, BLOCK 6, LOT 4
Sentry Dynamics, Inc and its customers make no representations, warranties or conditions, express or implied, as to the accuracy or completeness of information contained in this report
Parcel ID: R258289
SiteAddress: 15809 NE Hancock St
Sentry Dynamics, Inc and its customers make no representations, warranties or conditions, express or implied, as to the accuracy or completeness of information contained in this report
Parcel ID: R258289
SiteAddress: 15809 NE Hancock St
Sentry Dynamics, Inc and its customers make no representations, warranties or conditions, express or implied, as to the accuracy or completeness of information contained in this report
GENERALINFORMATION
Property Status AActive
Property Type RPResidential
Legal Description ROBINBROOK,BLOCK6,LOT4
Alternate Account Number R713903760
Neighborhood RB2062 Glendoveer Map Number 1N2E25DD-01800
Property Use B-RESIDENTIALIMPROVED
LevyCodeArea 406
OWNERINFORMATION
Owner Name PAYNE,MICHAELB
Mailing Address 15809NEHANCOCKSTPORTLAND,OR 97230-5285
RELATEDPROPERTIES
Split/Merge data prior to February 6, 2018 is not available online, please call Multnomah County Assessment & Taxation division.
Linked Properties -
Property Group ID -
Grouped Properties -
Split / Merge Date -
Split / Merge Accounts -
Split / Merge Message -
IMPROVEMENTS ? Expand/Collapse All
SEGMENTS
Eìective Date: If applicable, the described property is receiving special valuation based upon its use. Additional rollback taxes which may become due based on the provisions of the special valuation are not indicated in this listing.
Assigned School
Primary School: Margaret Scott Elementary School
Middle School: Hauton B Lee Middle School
High School: Reynolds High School
Primary School
Margaret Scott Elementary School 1
Middle School
Hauton B Lee Middle School 2
High School
Reynolds High School 3
Other School
1. Margaret Scott Elementary School
Distance: 0.59 mile(s)
Address: 14700 Ne Sacramento St District: Reynolds Sd 7 Type: 1-Regular school
Charter: No Magnet:
Title 1 Elig: 1-Yes
2. Hauton B Lee Middle School
Students: 324
Title 1: 5-Title I schoolwide school Grade Levels: Kindergarten - 5th Grade
Male / Female: 179 / 145 Distance: 0.71 mile(s)
Address: 1121 Ne 172Nd Ave District: Reynolds Sd 7
Charter: No
Title 1 Elig: 1-Yes
3. Reynolds High School
Title 1: 5-Title I schoolwide school
Type: 1-Regular school
Students: 646
Levels: 6th Grade - 8th Grade
Male / Female: 324 / 320 Distance: 4.76 mile(s)
Address: 1698 Sw Cherry Park Rd District: Reynolds Sd 7
Charter: No
Title 1 Elig: 2-No
Male / Female: 1,261 / 1,106
Title 1: 6-Not a Title I school
1-Regular school
2,381
Grade Levels: 9th Grade - 12th Grade
The property owner (Seller) initiates a contract, or a listing agreement, with a licensed Real Estate Agent.
Property owner (Seller) enters into a purchase contract, typically referred to as an Earnest Money Agreement, with a Buyer.
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As part of the purchase contract, Seller agrees to purchase a title insurance policy for the Buyer and both agree to close the transaction with a licensed escrow company. In Oregon, most title insurance companies also offer escrow services to facilitate a convenient “one-stop” approach to closing real estate transactions.
An escrow is a neutral third party depository for legal documents and funds necessary to complete a real estate transaction. The escrow agent will disburse funds and record documents for the proper recipients according to their written instructions.
What title insurance and escrow costs are incurred in a real estate sale?
The fee for escrow services is based on the sales price of the property. This fee is typically split equally between the Seller and Buyer. However, Buyers should check with their lenders if financing is involved because some federally insured lending programs do not allow borrowers to pay this fee. The Seller typically pays for a standard owner’s policy of title insurance which names the Buyer as the insured. Charges for this policy are based on the sales price of the property. The Buyer typically pays for a lender’s policy of title insurance and any required endorsements if s/he is obtaining a new loan to purchase the property. Charges for this policy are based on the loan amount.
What services does an escrow agent perform on behalf of the Seller and Buyer?
• Upon opening of escrow, escrow agent will order a preliminary title report, which will be sent to all interested parties involved in the transaction. The report will detail the current ownership, liens and encumbrances of the property.
• Closing statements will be prepared for each party, showing all credits and debits. The escrow agent will schedule appointments for all parties to sign their final necessary documents, including any funds needed to be deposited, to complete the transaction.
• Signed loan documents are returned to the Lender, for final review and funding approval.
• Recordable documents are released to the County Clerk’s office for recording.
• Once recorded, all funds are disbursed per written instructions.
• Final title policies are issued to the insured parties.
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Receive and review Earnest Money Agreement and Broker’s instructions.
Open escrow. Order title report.
Determine financing.
Information gathering from Buyer and Seller.
Receive title report. Send copies to all parties in the transaction.
Resolve any title issues. Order any payoff demands.
Review file. Are conditions satisfied? Contingencies removed?
Prepare closing statement, closing instructions and transfer deed
Obtain signatures on all escrow and loan documents. Collect any funds due from Buyer and/or Seller
Record applicable documents with the County Recorder's office.
Close file. Prepare final statements. Disburse funds.
Forward final documents to all interested parties - Buyer, Seller, Real Estate Agents, Lender, Broker, Attorney, etc.
Notify Escrow with name of new lender and loan officer.
Send title report to lender.
Notification of final loan approval. Are repairs complete?
Deliver Seller & Buyer Closing Disclosures. Buyers’ consummation 3-6 days.
Loan documents delivered to escrow.
Return loan documents for final approval to fund and record.
Order loan funds.