County Name: Multnomah
APN / Parcel Number: R149390
Current Ownership: Willis & Felicia Ward
Site Address: 3320 SE 54th Ave, Portland OR 97206
Mail Address: 2029 SE 101st Ave, Portland OR 97216 *Absentee Owner
Tract / Subdivision: / East Creston
Census Tract / Block: 000801 / 2011 Lot / Block: 7 / 28
Twn / Rng / Sec / Qtr: 01S / 02E / 07 / NE
Brief Legal Description: EAST CRESTON, BLOCK 28, LOT
Sale Information
Property Characteristics
ParcelID:R149390
SentryDynamics,Inc anditscustomersmakenorepresentations, warrantiesorconditions,expressorimplied,astotheaccuracyor completenessofinformationcontainedinthisreport
ParcelID:R149390
SiteAddress:3320SE54thAve
SentryDynamics,Inc anditscustomersmakenorepresentations, warrantiesorconditions,expressorimplied,astotheaccuracyor completenessofinformationcontainedinthisreport
ParcelID:R149390
SiteAddress:3320SE54thAve
SentryDynamics,Inc anditscustomersmakenorepresentations, warrantiesorconditions,expressorimplied,astotheaccuracyor completenessofinformationcontainedinthisreport
GENERALINFORMATION
Property Status AActive
Property Type RPResidential
Legal Description EASTCRESTON,BLOCK28,LOT7
Alternate Account Number R223802690
Neighborhood RB3104STabor Map Number 1S2E07AC-05200
Property Use B-RESIDENTIALIMPROVED
LevyCodeArea 201
OWNERINFORMATION
Owner Name WARD,WILLISD&WARD,FELICIAL
Mailing Address 2029SE101STAVEPORTLAND,OR 97216-2623
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 MessageIMPROVEMENTS ? Expand/Collapse All
WD TIEN,DODAT WARD,WILLISD&WARD,FELICIAL 2002153309 8/28/2002 $141,000
BSD DO,LANH DO,DATTIEN&DO,DAT 2002104977 6/12/2002 -
QCD DO,LANHVAN DO,DATTIEN&DO,DAT 01033012 3/12/2001 -
QCD DO,VIETQ DO,LANH&DO,DAT 99013560 11/5/1998 $65,000
QCD DO,HUNGQUOC DO,VIETQUOC 95125999 10/12/1995 -
WD COOLEY,CHERID DO,VIET&DO,HUNGQ BP26410082 1/20/1993 $68,000
WD ABELEIN,DAVIDJ COOLEY,CHERID BP24511053 8/1/1991 $28,000
WD BAUDER,DOUGLASGESTOF ABELEIN,DAVIDJ BP24511052 8/1/1991 $15,000
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.
Eìective Date:
Age Distribution
Area Schools
Assigned School
Primary School: Atkinson Elementary School
Middle School: Harrison Park School
High School: Franklin High School
Primary School
Atkinson Elementary School 2
Middle School
Harrison Park School 3
High School
Franklin High School 1
Other School
1. Franklin High School
Distance: 0.26 mile(s)
Address: 5405 Se Woodward St District: Portland Sd 1J Type: 1-Regular school
Charter: No Magnet:
Title 1 Elig: 2-No
Male / Female: 928 / 832
2. Atkinson Elementary School
Title 1: 6-Not a Title I school
Address: 5800 Se Division St District: Portland Sd 1J
Charter: No Magnet:
Title 1 Elig: 2-No
Male / Female: 172 / 194
3. Harrison Park School
Students: 1,811
Grade Levels: 9th Grade - 12th Grade
Distance: 0 46 mile(s)
Type: 1-Regular school
Students: 366
Title 1: 6-Not a Title I school Grade Levels: Kindergarten - 5th Grade
Address: 2225 Se 87Th Ave District: Portland Sd 1J
Charter: No Magnet:
Title 1 Elig: 1-Yes
Male / Female: 149 / 170
Title 1: 5-Title I schoolwide school
Distance: 1.65 mile(s)
Type: 1-Regular school
Students: 321
Grade Levels: 6th Grade - 8th Grade
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.
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.
