County Name: Clackamas
APN / Parcel Number: 05012925
Current Ownership: Mark & Gayle Mastrandrea
Site Address: 10397 SE Quailridge Dr, Happy Valley OR 97086
Mail Address: 10397 SE Quailridge Dr, Happy Valley OR 97086 *Owner Occupied
Tract / Subdivision: / Altamont 07
Census Tract / Block: 022206 / 4000
Lot / Block: 290
Twn / Rng / Sec / Qtr: 01S / 02E / 27
Brief Legal Description: Subdivision Subdivision ALTAMONT #7 3998 LT 290
Sale Recording Date: 05/01/2018 Title Company: FIRST AMERICAN TITLE Sale Price: $900,000 Document #: 2018-026955
Purchase Loan:
4
2.50
School District: North Clackamas
Watershed: Johnson Creek-Willamette River Assessment & Tax Info
Vesting: Individual(s)
Buyer Name(s): Mark W Mastrandrea and Gayle M Mastrandrea
Parcel ID: 05012925
SiteAddress: 10397 SE Quailridge 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: 05012925
SiteAddress: 10397 SE Quailridge 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
GeneralInformation
AlternateProperty# 12E27BD00400
PropertyDescription SubdivisionSubdivisionALTAMONT#73998LT290
LastSalePrice
LastSaleDate 05/10/2018
LastSaleExciseNumber 334112
PropertyCharacteristics
Parents
ParcelNo. Seg/MergeNo. Status FromDate ToDate Continued DocumentNumber 01731424 SM060153 Completed 01/01/1980 Active Y 12E27 00203
Children
ParcelNo. Seg/MergeNo.
Status FromDate ToDate DocumentNumber No Children Found
ActiveExemptions No Exemptions Found
Events
Effective Date EntryDate-Time Type
12/12/2018 12/12/2018 14:49:00
05/01/2018 05/10/2018 17:35:00
Remarks
The situs address has changed by CINDYSIM
Recording Processed
05/01/2018 05/10/2018 17:35:00 Taxpayer Changed
05/29/2015 06/09/2015 11:11:00
Recording Processed
05/29/2015 06/09/2015 11:11:00 Taxpayer Changed
09/04/2014 09/04/2014 09:03:00
11/16/2011 11/17/2011 16:25:00
Property Transfer Filing No.: 334112, Warranty Deed, Recording No.: 2018026955 05/01/2018 by BCROWE
Property Transfer Filing No.: 334112 05/01/2018 by BCROWE
Property Transfer Filing No.: 279286, Warranty Deed, Recording No.: 2015032172 05/29/2015 by CINDYSIM
Property Transfer Filing No.: 279286 05/29/2015 by CINDYSIM
The situs address has changed by HEIDIHAR
Recording Processed
Property Transfer Filing No.: 222615, Trustee Deed, Recording No.: 2011066191 11/16/2011 by LAURIEB
11/16/2011 11/17/2011 16:25:00 Taxpayer Changed Property Transfer Filing No.: 222615 11/16/2011 by LAURIEB
11/07/2011 11/07/2011 16:39:00 Tax Bill Recalculation Magistrate Order for 2011 performed by JUDYHAM TRC 2011-0243
11/07/2011 11/07/2011 16:03:00 Value Modification
Type: Magistrate Order, Status: Approved, Tax Year: 2011 by JUDYHAM TRC 2011-0243
11/07/2011 11/07/2011 13:53:00 Tax Bill Recalculation Magistrate Order for 2010 performed by JUDYHAM TRC 2011-0243
11/07/2011 11/07/2011 11:44:00 Value Modification
Type: Magistrate Order, Status: Approved, Tax Year: 2010 by JUDYHAM TRC 2011-0243
10/12/2011 10/12/2011 08:24:00 Removed from Foreclosure or Warrant 2010 FORECLOSURE - REDEEMED 10-03-2011 by SHARONS
06/21/2010 06/21/2010 15:52:00 Initiated Foreclosure or Warrant Initiated Delinquency Process by JOANALT
02/16/2006 02/16/2006 11:36:00 The situs address has changed by LINDAPET
02/03/2006 02/03/2006 15:28:00 Created by Seg/Merge Created by Seg/Merge SM060153, Effective: 01/02/2005 by LAURIEB
TaxBalance
InstallmentsPayable TaxYear Category TCA/District
No Records Found
InstallmentsPayable/PaidforTaxYear(Enter4-digitYear,thenClick-Here): 2024
Receipts
SalesHistory
5719672 (ReceiptDetail.aspx? receiptnumber=5719672)
5525861 (ReceiptDetail.aspx? receiptnumber=5525861)
5337307 (ReceiptDetail.aspx? receiptnumber=5337307)
5146484 (ReceiptDetail.aspx? receiptnumber=5146484)
(ReceiptDetail.aspx? receiptnumber=4960771)
11/17/2011 11/16/2011 2011066191 $0.00 222615
PropertyDetails
Assigned School
Primary School: Mount Scott Elementary School
Middle School: Happy Valley Middle School
High School: Clackamas High School
Primary School
Mount Scott Elementary School 1
Middle School
Happy Valley Middle School 2
High School
Clackamas High School 3
Other School
1. Mount Scott Elementary School
1.10 mile(s)
Address: 11201 Se Stevens Rd District: North Clackamas Sd 12 Type: 1-Regular school
Charter: No
Title 1 Elig: 2-No
Male / Female: 219 / 172
2. Happy Valley Middle School
Title 1: 6-Not a Title I school
Students: 391
Levels: Kindergarten - 5th Grade
1.79 mile(s)
Address: 13865 Se King Rd District: North Clackamas Sd 12 Type: 1-Regular school
Charter: No Magnet: Students: 1,021
Title 1 Elig: 2-No
Male / Female: 545 / 475
3. Clackamas High School
Title 1: 6-Not a Title I school
6th Grade - 8th Grade
2.74 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: 627 / 578
Title 1: 6-Not a Title I school
1,224
Levels: 9th Grade - 12th Grade
CC&Rs: Altamont #7
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.
3
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.
™
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.