Homebook - 8306 NW Reed Drive

Page 1


Subject Property

County Name: Multnomah

APN / Parcel Number: R233318

Current Ownership: Devin & Ece Coleman

Site Address: 8306 NW Reed Dr, Portland OR 97229

Mail Address: 8306 NW Reed Dr, Portland OR 97229 *Owner Occupied

Tract / Subdivision: / Panavista Park

Census Tract / Block: 007001 / 2008

Lot / Block: 1 / 6

Twn / Rng / Sec / Qtr: 01N / 01W / 25 / SW

Brief Legal Description: PANAVISTA PARK, BLOCK 6, LOT 1

Sale Information

Sale Recording Date: 06/26/2020

Property Characteristics

Property Details

APN: R233318

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: R233318

Parcel ID: R233318

SiteAddress: 8306 NW Reed Dr

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: R233318

SiteAddress: 8306 NW Reed Dr

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

$548,580

GENERALINFORMATION

Property Status AActive

Property Type RPResidential

Legal Description PANAVISTAPARK,BLOCK6,LOT1

Alternate Account Number R642101910

Neighborhood RB4147 Forest Heights Map Number 1N1W25CB-03300

Property Use B-RESIDENTIALIMPROVED

LevyCodeArea 001

OWNERINFORMATION

Owner Name COLEMAN,DEVIN&COLEMAN,ECE

Mailing Address 8306NWREEDDRPORTLAND,OR97229

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 LANDSEGMENTS

Age Distribution

SubjectPropertyLocation

ReportDate:03/27/2025

PropertyAddress 8306NWREEDDR OrderID:R178210404

City,State&Zip PORTLAND,OR97229-4111

County MULTNOMAHCOUNTY

MailingAddress 8306NWREEDDR,PORTLAND,OR97229-4111

NearbyNeighbor#9

Address 2433NW83RDPL,PORTLAND,OR97229

Owner NICHOLS,SUSAN&WOOD,KATHLEEN

NearbyNeighbor#10

Address

Owner ALVAREZ,ASTRIDA&REYESDELASELVA,ROGERIOS

ofCars

NearbyNeighbor#11

Address

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: Forest Park Elementary School

Middle School: West Sylvan Middle School

High School: Lincoln High School

Primary School

French American International School 1

Middle School

West Sylvan Middle School 2

High School

Lincoln High School 3

Other School

1. French American International School

Address: 8500 Nw Johnson St District:

Charter: Magnet:

Title 1 Elig:

Male / Female:

2. West Sylvan Middle School

Title 1:

Address: 8111 Sw West Slope Dr District: Portland Sd 1J

Charter: No Magnet:

Title 1 Elig: 2-No

Male / Female: 386 / 361

3. Lincoln High School

Title 1: 6-Not a Title I school

Address: 1750 Sw Salmon St. District: Portland Sd 1J

Charter: No Magnet:

Title 1 Elig: 2-No

Male / Female: 791 / 715

Title 1: 6-Not a Title I school

Distance: 0.75 mile(s)

Type: 1-Regular Elementary or Secondary

Students: 540

Grade Levels: Prekindergarten8th grade

Distance: 2.39 mile(s)

Type: 1-Regular school

Students: 757

Grade Levels: 6th Grade - 8th Grade

Distance: 3.71 mile(s)

Type: 1-Regular school

Students: 1,525

Grade Levels: 9th Grade - 12th 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.

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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