Chris & Julie Hoem 11858 SE Smith Rock St Home Book

Page 1


Subject Property

County Name: Clackamas

APN / Parcel Number: 05036856

Current Ownership: Nicholas & Teresa Caba

Site Address: 11858 SE Smith Rock St, Happy Valley OR 97086

Mail Address: 11858 SE Smith Rock St, Happy Valley OR 97086 *Owner Occupied

Tract / Subdivision: / Pleasant Valley Villages 02

Census Tract / Block: 022208 / 3027

Lot / Block: 253

Twn / Rng / Sec / Qtr: 01S / 03E / 31 / SW

Brief Legal Description: Subdivision PLEASANT

Sale Information

Recording Date:

Property Characteristics

4

Property Details

VILLAGES NO. 2 4633 LT 253

05036856

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: 05036856
Sentry Dynamics, Inc and its customers make no representations, warranties
report 10/07/2025 Prepared by:Tracy Shea

Parcel ID: 05036856

SiteAddress: 11858 SE Smith Rock 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: 05036856

SiteAddress: 11858 SE Smith Rock 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

Property Account Summary

mTaxesBeingCalculatedMessage

GeneralInformation

AlternateProperty#

LastSalePrice

$675,000.00

LastSaleDate 02/27/2023

LastSaleExciseNumber

Remarks

Parents

ParcelNo. Seg/MergeNo. Status From

00138407 SM210211 Completed 01/01/1980 01/01/2022 Y 13E31BD00500

00138602 SM210211 Completed 01/01/1980 01/01/2020 N 13E31BD00500

05033332 SM210211 Completed 01/02/2017 01/01/2020 N 13E31BD00500

Children

ParcelNo. Seg/MergeNo.

No Children Found

ActiveExemptions No Exemptions Found

Events

02/22/2023 02/27/2023 09:03:00 Recording Processed Property Transfer Filing No.: 425034, Warranty Deed, Recording No.: 2023-005520 02/22/2023 by SMALSOM

02/22/2023 02/27/2023 09:03:00 Taxpayer Changed Property Transfer Filing No.: 425034 02/22/2023 by SMALSOM

04/01/2021 04/01/2021 13:53:00 Created by Seg/Merge Created by Seg/Merge SM210211, Effective: 01/02/2020 by DROME

03/30/2021 03/30/2021 09:26:00 The situs address has changed by DROME

NoChargesarecurrentlydue.Ifyoubelievethisisincorrect,pleasecontacttheAssessor'sOice.

TheTaxCalculatorisofflineforannualTaxCertificationuntilOctober9th Receipts

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(ReceiptDetail.aspx? receiptnumber=5423529)

(ReceiptDetail.aspx? receiptnumber=5367522)

(ReceiptDetail.aspx? receiptnumber=5356270)

5183318 (ReceiptDetail.aspx? receiptnumber=5183318)

5171007 (ReceiptDetail.aspx? receiptnumber=5171007)

SalesHistory

Details

Age Distribution

Area Schools

Assigned School

Primary School: Scouters Mountain Elementary

Middle School: Happy Valley Middle School

High School: Clackamas High School

Primary School

Scouters Mountain Elementary 1

Middle School

Happy Valley Middle School 2

High School

Clackamas High School 3

1. Scouters Mountain Elementary

Address: 10811 Se 172Nd Ave District: North Clackamas Sd 12

Charter: No

Title 1 Elig: 2-No

Male / Female: 276 / 273

2. Happy Valley Middle School

0.47 mile(s)

1-Regular school

Students: 551

Title 1: 6-Not a Title I school Grade Levels: Kindergarten - 5th Grade

1.53 mile(s)

Address: 13865 Se King Rd District: North Clackamas Sd 12 Type: 1-Regular school

Charter: No Magnet:

Title 1 Elig: 2-No

Male / Female: 599 / 509

3. Clackamas High School

Title 1: 6-Not a Title I school

1,111

Levels: 6th Grade - 8th Grade

2.51 mile(s)

Address: 14486 Se 122Nd Ave District: North Clackamas Sd 12 Type: 1-Regular school

Charter: No

Title 1 Elig: 2-No

Male / Female: 657 / 606

Title 1: 6-Not a Title I school

1,278

Levels: 9th Grade - 12th Grade

Scan QR Code for CC&Rs

CC&Rs: Pleasant Valley Villages No.2

STEPS IN A REAL ESTATE TRANSACTION

1

What is an Escrow?

THE LISTING AGREEMENT

The property owner (Seller) initiates a contract, or a listing agreement, with a licensed Real Estate Agent.

2

THE SALE

Property owner (Seller) enters into a purchase contract, typically referred to as an Earnest Money Agreement, with a Buyer.

3

ESCROW

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.

FROM PENDING TO SOLD

ESCROW FLOW CHART

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.

NEW LOAN

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.

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