County Name: Multnomah
APN / Parcel Number: R161898
Current Ownership: Liesha & Michael Meacham
Site Address: 5004 SE 99th Ave, Portland OR 97266
Mail Address: 5004 SE 99th Ave, Portland OR 97266 *Owner Occupied
Tract / Subdivision: / Faxon Pk
Census Tract / Block: 000601 / 1015
Lot / Block: 8 / 1
Twn / Rng / Sec / Qtr: 01S / 02E / 16 / NE
Brief Legal Description: FAXON PK, BLOCK 1, N 1/2 OF W
Sale Recording Date: 10/12/2006
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: R161898
SiteAddress: 5004 SE 99thAve
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: R161898
SiteAddress: 5004 SE 99thAve
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
Property Status AActive
Property Type RPResidential
Legal Description FAXONPK,BLOCK1,N1/2OFW125'OF LOT8
Alternate Account Number R273000860
Neighborhood RB1050SDivision
Map Number 1S2E16AD-01300
Property Use B-RESIDENTIALIMPROVED
LevyCodeArea 703
OWNERINFORMATION
Owner Name MEACHAM,LIESHAM&MEACHAM,MICHAEL T
Mailing Address 5004SE99THAVEPORTLAND,OR97266
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 -
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.
$4,087.76
$0.00
$4,087.76
Assigned School
Primary School: Lent Elementary School
Middle School: Kellogg Middle School
High School: Franklin High School
Primary School Lent Elementary School 1
Middle School Kellogg Middle School 2
High School
Franklin High School 3
Other School
1. Lent Elementary School
Address: 5105 Se 97Th Ave District: Portland Sd 1J
Charter: No Magnet:
Title 1 Elig: 1-Yes
2. Kellogg Middle School
Title 1: 5-Title I schoolwide school
Distance: 0.10 mile(s)
Type: 1-Regular school
Students: 273
Grade Levels: Kindergarten - 5th Grade
Male / Female: 128 / 143 Distance: 1.67 mile(s)
Address: 3330 Se 69Th District: Portland Sd 1J
Charter: No Magnet:
Title 1 Elig: 1-Yes
Male / Female: 340 / 325
3. Franklin High School
Type: 1-Regular school
Students: 677
Title 1: 2-Title I targeted assistance school Grade Levels: 6th Grade - 8th Grade
Address: 5405 Se Woodward St District: Portland Sd 1J
Charter: No
Title 1 Elig: 2-No
Male / Female: 928 / 832
Title 1: 6-Not a Title I school
2.46 mile(s)
Type: 1-Regular school
Students: 1,811
Grade Levels: 9th Grade - 12th Grade
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.
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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.
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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.