Jeff Edmondson 544 N Molalla Ave HB

Page 1


Subject Property

County Name: Clackamas

APN / Parcel Number: 01094933

Current Ownership: Dean & Emma McLoud

Site Address: 544 N Molalla Ave, Molalla OR 97038

Mail Address: 544 N Molalla Ave, Molalla OR 97038 *Owner Occupied

Tract / Subdivision: / The Shaver Place

Census Tract / Block: 023901 / 2012

Lot / Block: 1 / 1

Twn / Rng / Sec / Qtr: 05S / 02E / 09 / NW

Brief Legal Description: 360 THE SHAVER

Sale Information

Sale Recording Date: 07/26/2019

Property Characteristics

Beds: 3

Property Details

01094933

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: 01094933
Sentry Dynamics, Inc and its customers make
report 07/21/2025 Prepared by:Tracy Shea

Parcel ID: 01094933

SiteAddress: 544 N MolallaAve

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: 01094933

SiteAddress: 544 N MolallaAve

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

GeneralInformation

AlternateProperty# 52E09BC02700

PropertyDescription 360THESHAVERPLACEPTLT1BLK1

LastSalePrice $300,00000

LastSaleDate 07/29/2019

LastSaleExciseNumber 356612

Characteristics

AV Exception

Parents

ParcelNo. Seg/MergeNo. Status FromDate ToDate Continued DocumentNumber No Parents Found

Children

ParcelNo. Seg/MergeNo. Status FromDate ToDate DocumentNumber No Children Found

ActiveExemptions No Exemptions Found

Events

Effective Date EntryDate-Time Type Remarks

07/26/2019 07/29/2019 16:44:00 Recording Processed Property Transfer Filing No.: 356612, Warranty Deed, Recording No.: 2019-043582 07/26/2019 by CINDYSIM

07/26/2019 07/29/2019 16:44:00 Taxpayer Changed Property Transfer Filing No.: 356612 07/26/2019 by CINDYSIM

08/29/2003 09/03/2003 10:14:00 Recording Processed Property Transfer Filing No.: 82517, Warranty Deed, Recording No.: 2003-116793 08/29/2003 by PENNYGAB

08/29/2003 09/03/2003 10:14:00 Taxpayer Changed Property Transfer Filing No.: 82517 08/29/2003 by PENNYGAB

05/03/2002 05/13/2002 13:53:00 Taxpayer Changed Property Transfer Filing No.: 52357 05/03/2002 by MARYHAN

05/03/2002 05/13/2002 13:53:00 Recording Processed Property Transfer Filing No.: 52357, Warranty Deed, Recording No.: 2002-042471 05/03/2002 by MARYHAN

01/25/2002 02/11/2002 12:09:00 Taxpayer Changed Property Transfer Filing No.: 46599 01/25/2002 by MARIABRO

01/25/2002 02/11/2002 12:09:00 Recording Processed Property Transfer Filing No.: 46599, Warranty Deed, Recording No.: 2002-007717 01/25/2002 by MARIABRO

07/09/2001 07/19/2001 10:30:00 Taxpayer Changed Property Transfer Filing No.: 35703 07/09/2001 by LAURIEB

07/09/2001 07/19/2001 10:30:00 Recording Processed Property Transfer Filing No.: 35703, Warranty Deed, Recording No.: 2001-053024 07/09/2001 by LAURIEB

07/01/1999 07/01/1999 12:00:00 Ownership at Conversion Warranty Deed: 96-80394, 10/1/96, $ 115000

00:00:00

00:00:00

SalesHistory

07/23/2019 07/29/2019 07/26/2019 2019043582 $300,000.00 356612 S

07/31/2003 09/03/2003 08/29/2003 2003116793

No 05/01/2002 05/13/2002 05/03/2002 2002042471

07/19/2001 07/09/2001 2001053024

35703

Detailed Statement

Households Breakdown

Age Distribution

Area Schools

Assigned School

Primary School: Molalla Elementary School

Middle School: Molalla River Middle School

High School: Molalla High School

Primary School

Molalla Elementary School 3

Middle School

Molalla River Middle School 2

High School

Molalla High School 1

1. Molalla High School

Distance: 0.39 mile(s)

Address: 357 Francis St District: Molalla River Sd 35 Type: 1-Regular school

Charter: No Magnet:

Title 1 Elig: 2-No

Male / Female: 414 / 351

2. Molalla River Middle School

Title 1: 6-Not a Title I school

Students: 773

Grade Levels: 9th Grade - 12th Grade

Distance: 0.66 mile(s)

Address: 318 Leroy District: Molalla River Sd 35 Type: 1-Regular school

Charter: No Magnet:

Title 1 Elig: 2-No

Male / Female: 252 / 259

3. Molalla Elementary School

Title 1: 6-Not a Title I school

Students: 511

Grade Levels: 6th Grade - 8th Grade

Distance: 0.87 mile(s)

Address: 910 Toliver Rd District: Molalla River Sd 35 Type: 1-Regular school

Charter: No Magnet:

Title 1 Elig: 1-Yes

Male / Female: 202 / 211

Title 1: 5-Title I schoolwide school

Students: 413

Grade Levels: Kindergarten - 5th 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 policyof title insurance is expresslymodified 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

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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