Digital Homebook - 11404 SE Cheerful Way

Page 1


Subject Property

County Name: Clackamas

APN / Parcel Number: 05034181

Current Ownership: Christian Schumacher

Site Address: 11404 SE Cheerful Way, Happy Valley OR 97086

Mail Address: 11404 SE Cheerful Way, Happy Valley OR 97086 *Owner Occupied

Tract / Subdivision: / Scouters Mountain

Census Tract / Block: 022208 / 3019

Lot / Block: 207

Twn / Rng / Sec / Qtr: 01S / 02E / 36 / NW

Brief Legal Description: Subdivision SCOUTERS MOUNTAIN 4560 LT 207

Sale Information

Sale Recording Date: 10/05/2020

Property Characteristics

Beds: 3

Baths: 3

Property Details

APN: 05034181

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: 05034181

Parcel ID: 05034181

SiteAddress: 11404 SE Cheerful Way

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: 05034181

SiteAddress: 11404 SE Cheerful Way

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

Details Bills PaymentHistory

2025GENERALINFORMATION

PropertyStatus AActive

PropertyType Residential

LegalDescription BLACKBULLPARK,LOT1,ACRES 0.19

AlternateAccountNumber -

Neighborhood DKTADAKOTA

MapNumber 1S134AD04500

PropertyUse 1010:RESIDENTIALIMPROVED

LevyCodeArea 023.74

2024CertiedTaxRate 17.5603

2025OWNERINFORMATION

OwnerName PAK,JINHYUK

MailingAddress 10640SWBLACKDIAMONDWAY TIGARD,OR97223

2024IMPROVEMENTS

RELATEDPROPERTIES

LinkedPropertiesPropertyGroupIDGroupedProperties -

Split/MergeDateSplit/MergeAccountsSplit/MergeMessage -

 Improvement#1 ImprovementType Beds/Baths - Single-FamilyResidence 3/2

2024LANDSEGMENTS STATECODE

CERTIFIED/INPROCESSVALUES

SALESHISTORY

MARCIATRUST

FRY,RAYMONDF TRUST&

O'DIERNO,KAY MARCIATRUST

O'DIERNO,KAY MARCIATRUST

FRY,RAYMONDF ANDKAY FRY,RAYMONDF TRUST&

O'DIERNO,KAY MARCIATRUST

10/1/1980 FRY,RAYMONDF ANDKAY

TAXSUMMARY

ReportDate:02/26/2025

PropertyAddress 11404SECHEERFULWAY OrderID:R175213184 City,State&Zip HAPPYVALLEY,OR97086-6314

County CLACKAMASCOUNTY

Owner LIU,JONATHAN;MOSHOFSKY,KATHLEEN

ofCars

Owner BRUNETTEEDWARDW&KATHLEENA

Bedrooms 3 YearBuilt

2/1 Garage/No ofCars

NearbyNeighbor#5

Address 15091SETENDERFOOTLN,HAPPYVALLEY,OR97086

Owner HONGDAVID&CINDYKHAU

Bedrooms 3 YearBuilt

2,318 Bathrooms/Partial 2/1 Garage/No.ofCars

NearbyNeighbor#7

Address 11407SETRUSTWORTHYPL,HAPPYVALLEY,OR97086

Owner FEARNSODYPUTH&BRYANWILLIAM

3 YearBuilt

3 Garage/No.ofCars

NearbyNeighbor#8

Address 15093SETENDERFOOTLN,HAPPYVALLEY,OR97086

Owner HUNGANNIE;HUNGJERRY

Bedrooms 5 YearBuilt

Bathrooms/Partial 3 Garage/No ofCars

3,265

NearbyNeighbor#9

Address 15115SETENDERFOOTLN,HAPPYVALLEY,OR97086

Owner JOYCEJASON&CECILIA

Bedrooms 4 YearBuilt

3,060 Bathrooms/Partial 3 Garage/No ofCars

NearbyNeighbor#10

Address 11401SECHEERFULWAY,HAPPYVALLEY,OR97086

Owner HUANGBINGFU&FENGXIAO

5 YearBuilt

3 Garage/No ofCars

NearbyNeighbor#11

Address 11399SETRUSTWORTHYPL,HAPPYVALLEY,OR97086

Owner JONESBENJAMIN&LEANNAWMAH

Bedrooms 5 YearBuilt

3 Garage/No ofCars

NearbyNeighbor#12

Address 11403SECHEERFULWAY,HAPPYVALLEY,OR97086

Owner JI,SUNGYEON;LEE,PETERJANG

NearbyNeighbor#13

Address 11394SECHEERFULWAY,HAPPYVALLEY,OR97086

IN

ORIN PART THEUSEOFTHISREPORTBYANYPARTYOTHERTHANYOURSELFFORANYPURPOSEISSTRICTLYPROHIBITED.

EITHER

ORIMPLIED,INCLUDINGWITHOUTLIMITATION,ANYWARRANTIESOFMERCHANTABILITY,NON-INFRINGEMENT,ORFITNESS

EXCHANGE,INC.(ICE)SHALL HAVENOLIABILITYINCONTRACT TORT,OROTHERWISEARISINGOUTOFORINCONNECTIONWITHTHISREPORT.ICEDOESNOTREPRESENTORWARRANTTHATTHEREPORTISCOMPLETEORFREEFROM ERROR.YOUUNDERSTANDANDACKNOWLEDGETHATTHEAVAILABILITY,COMPLETENESSANDFORMATOFTHEDATAELEMENTSMAYVARYSUBSTANTIALLYFROMAREA-TO-AREA.THEINFORMATION CONTAINEDINTHISREPORTISDERIVEDFROMPUBLICLYAVAILABLESOURCESFORTHESUBJECTPROPERTYORCOMPARABLEPROPERTIESLISTEDABOVEANDHASNOTBEENINDEPENDENTLYVERIFIEDBY ICETHROUGHANYFORMOFINSPECTIONORREVIEW THISREPORTDOESNOTCONSTITUTEANAPPRAISALOFANYKINDANDSHOULDNOTBEUSEDINLIEUOFANINSPECTIONOFASUBJECTPROPERTYBYA LICENSEDORCERTIFIEDAPPRAISER.THISREPORTCONTAINSNOREPRESENTATIONS,OPINIONSORWARRANTIESREGARDINGTHESUBJECTPROPERTY'SACTUALMARKETABILITY,CONDITION(STRUCTURAL OROTHERWISE),ENVIRONMENTAL,HAZARDORFLOODZONESTATUS,ANDANYREFERENCETOENVIRONMENTAL,HAZARDORFLOODZONESTATUSISFORINFORMATIONALPURPOSESONLYANDSHALLBE INDEPENDENTLYVERIFIEDBYTHEENDUSER.THEINFORMATIONCONTAINEDHEREINSHALLNOTBEUTILIZED:(A)TOREVIEWORESTABLISHACONSUMER'SCREDITAND/ORINSURANCEELIGIBILITYORFOR ANYOTHERPURPOSETHATWOULDCAUSETHEREPORTTOCONSTITUTEA"CONSUMERREPORT"UNDERTHEFAIRCREDITREPORTINGACT,15U.S.C.§1681ETSEQ.;OR(B)INCONNECTIONWITH CERTIFICATIONORAUTHENTICATIONOFREALESTATEOWNERSHIPAND/ORREALESTATETRANSACTIONS.ADDITIONALTERMSANDCONDITIONSSHALLAPPLYPURSUANTTOTHEAPPLICABLEAGREEMENT Copyright CONFIDENTIAL,PROPRIETARYAND/ORTRADESECRET TMSM®TRADEMARK(S)OFINTERCONTINENTALEXCHANGE,INC.ANDITSSUBSIDIARIESANDAFFILIATES. ©2025INTERCONTINENTALEXCHANGE,INC.ALLRIGHTSRESERVED.

Area Schools

Assigned School

Primary School: Scouters Mountain Elementary

Middle School: Happy Valley Middle School

High School: Adrienne C. Nelson High School

Primary School

Scouters Mountain Elementary 2

Middle School

Happy Valley Middle School 1

High School

Adrienne C. Nelson High School 3

Other School

1. Happy Valley Middle School

Distance: 0.66 mile(s)

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

Charter: No

Title 1 Elig: 2-No

Male / Female: 545 / 475

2. Scouters Mountain Elementary

Students: 1,021

Title 1: 6-Not a Title I school Grade Levels: 6th Grade - 8th Grade

1.06 mile(s)

Address: 10811 Se 172Nd Ave District: North Clackamas Sd 12 Type: 1-Regular school

Charter: No Magnet: Students: 546

Title 1 Elig: 2-No

Male / Female: 273 / 273

3. Adrienne C. Nelson High School

Title 1: 6-Not a Title I school

Address: 14897 Se Parklane Dr District: North Clackamas Sd 12

Charter: No

Title 1 Elig: 2-No

Male / Female: 720 / 656

Kindergarten - 5th Grade

1.87 mile(s)

1-Regular school

1,382

Title 1: 6-Not a Title I school Grade Levels: 9th Grade - 12th Grade

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

Steps in a Real Estate Transaction

Compliments of Lawyers Title

What is an Escrow?

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 they are 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 receipt of a mutual Earnest Money Agreement, Escrow will order a preliminary title report which is sent to interested parties involved in the transaction. The report will detail the current condition of the title to the property.

• Clears any liens or encumbrances against the property, per written instructions

• Prepares a closing statement for each party showing all credits and debits, including any funds due to close, or refund owed at closing. The escrow agent will schedule appointments for all parties to sign the necessary documents to complete the transaction.

• Returns signed loan documents to the lender to their review and approval.

• Records all necessary documents with the County Recorder's Office

• Disburses funds per written instructions and issues title insurance policies to the proper parties.

1

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 (EMA), with a Buyer.

The Escrow

As part of the EMA, 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.

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.

Age Distribution

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