Site Address: 31678 SW Isle Way Ln, West Linn OR 97068
Mail Address: 31678 SW Isle Way Ln, West Linn OR 97068 *Owner Occupied
Tract / Subdivision: / Peach Cove
Census Tract / Block: 022702 / 2003
Lot / Block: 96
Twn / Rng / Sec / Qtr: 03S / 01E / 22
Brief Legal Description: 255 PEACH COVE LT 96
Sale Information
Property Details
Sale Recording Date: 05/02/2016 Title Company: FIRST AMERICAN Sale Price: $445,000 Document #: 2016-028399
Property Characteristics
Beds: 3
Baths: 3
School District: West Linn/Tigard-Tualatin Watershed: Abernethy Creek-Willamette River
Isle Way Ln, West Linn OR 97068
APN: 00771418
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: 00771418
Parcel ID: 00771418
SiteAddress: 31678 SW Isle Way Ln
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: 00771418
SiteAddress: 31678 SW Isle Way Ln
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#
PropertyDescription
LastSalePrice $445,00000
LastSaleDate
LastSaleExciseNumber 296673
PropertyCharacteristics
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
07/25/2019 07/25/2019 11:37:00 The situs address has changed by HALLEYWUN
02/05/2019 02/05/2019 12:20:00 The situs address has changed by HALLEYWUN
10/13/2016 10/13/2016 16:17:00 The situs address has changed by CINDYSIM
05/02/2016 05/13/2016 10:58:00 Recording Processed Property Transfer Filing No.: 296673, Warranty Deed, Recording No.: 2016-028399 05/02/2016 by AMANDAOLS
05/02/2016 05/13/2016 10:58:00 Taxpayer Changed Property Transfer Filing No.: 296673 05/02/2016 by AMANDAOLS
Address: 6700 Sw Wilsonville Rd District: West Linn-Wilsonville Sd 3J Type: 1-Regular school
Charter: No
Title 1 Elig: 1-Yes
Male / Female: 251 / 220
2. Wilsonville High School
Magnet:
Title 1: 5-Title I schoolwide school
Students: 472
Grade Levels: Prekindergarten5th Grade
Distance: 4.17 mile(s)
Address: 6800 Wilsonville Rd District: West Linn-Wilsonville Sd 3J Type: 1-Regular school
Charter: No Magnet:
Title 1 Elig: 2-No
Male / Female: 664 / 604
3. Thomas R Fowler Middle School
Students: 1,269
Title 1: 6-Not a Title I school Grade Levels: 9th Grade - 12th Grade
Distance: 11.46 mile(s)
Address: 10865 Sw Walnut St District: Tigard-Tualatin Sd 23J Type: 1-Regular school
Charter: No Magnet:
Title 1 Elig: 2-No
Male / Female: 425 / 341
Title 1: 6-Not a Title I school
Students: 775
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.
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?