MAILING ADDRESS: 1132 SW 19th Ave #905 Portland OR 97205
OWNER STATUS: Non-owner occupied
LOCATION DESCRIPTION
COUNTY: Multnomah
CENSUS / BLOCK: 008001 / 1010
TSP - RNG - SEC: 01N - 02E - 27
LOT / BLOCK: /
HOUSING TRACT:
ALT PARCEL #: R942273480
SCHOOL DISTRICT: PARKROSE
MUNICIPALITY: Portland PARCEL #: R319030
LAST MARKET SALE
PRIOR SALE
DATE: DATE:
SALE PRICE: SALE PRICE:
DOCUMENT #:
DOCUMENT #:
DOC TYPE: DOC TYPE:
SQUARE FOOT $:
LENDER:
LENDER: LOAN:
LOAN: LOAN TYPE:
LOAN TYPE:
LOAN TERM:
OR 97220
PROPERTY CHARACTERISTICS
GROSS AREA: 4,056
LIVING AREA: ABOVE GRADE:
BEDROOMS: 6
BATHROOMS (F/H): 4 / 0
FIREPLACE: 0
YEAR BUILT: 1997
PARKING TYPE: Att
UNITS:
BASEMENT:
GARAGE AREA: 440
ROOF SHAPE:
FOUNDATION:
ROOF MATERIAL: Composition Shingle
CONSTRUCTIONS:
HEAT TYPE: Forced air unit
COOLING TYPE:
EXTERIOR WALL: Metal
ROOMS:
QUALITY:
INTERIOR WALL:
PORCH TYPE:
PATIO TYPE:
AIR COND: Y
FIXTURES:
FLOOR:
EQUIPMENT:
STORIES: 2
POOL:
CONDITION: Fair
PROPERTY INFORMATION
LAND USE: Single-Family, Residential, Imp
ZONING: Residential 7,000
COUNTY USE: Residential Improved LOT ACRES: 0.19
STATE USE: LOT SQ FT: 8,276
LEN / WID:
TAXES AND ASSESSMENT INFORMATION
ASSD YEAR: 2024
ASSD VALUE: $477,360
TAXABLE VAL:
TAX YEAR: 2024
LAND VALUE: $197,500
MKT VALUE: $699,930
TAX AREA: 006
IMP VALUE: $502,430
EXEMPTIONS:
PROPERTY TAX: $10,724.62
IMPROVED %: 72 DISTRICT:
A S S E S S O R M A P
S T R E E T
A E R I A L M A P
CITY BOUNDARY MAP
PARKROSE School District
ELEMENTARY SCHOOLS
NAME: Prescott Elementary School
ADDRESS: 10410 Ne Prescott St
CITY, STATE, ZIP: Portland, OR 97220
PHONE: (503)408-2150
CHARTER SCHOOL: No
SCHOOL:
DESCRIPTION: 11-City: Large
0.67 mile(s)
GRADES: Prekindergarten - 5th Grade TITLE ONE: 1-Yes
NAME: Sacramento Elementary School
ADDRESS: 11400 Ne Sacramento St
CITY, STATE, ZIP: Portland, OR 97220
PHONE: (503)408-2800
CHARTER SCHOOL: No
DESCRIPTION: 11-City: Large
0.69 mile(s)
GRADES: Kindergarten - 5th Grade TITLE ONE: 1-Yes
MIDDLE SCHOOLS
NAME: Parkrose Middle School
ADDRESS: 11800 Ne Shaver St
CITY, STATE, ZIP: Portland, OR 97220
PHONE: (503)408-2700
CHARTER SCHOOL: No
DESCRIPTION: 11-City: Large
0 80 mile(s)
GRADES: 6th Grade - 8th Grade TITLE ONE: 2-No
NAME: Roseway Heights School
ADDRESS: 7334 Ne Siskiyou St
CHARTER SCHOOL: No
SCHOOL: CITY, STATE, ZIP: Portland, OR 97213
PHONE: (503)916-5600
GRADES: 6th Grade - 8th Grade
HIGH SCHOOLS
NAME: Parkrose High School
DESCRIPTION: 11-City: Large
1.56 mile(s)
ONE: 1-Yes
CHARTER SCHOOL: No
ADDRESS: 12003 Ne Shaver St MAGNET SCHOOL: CITY, STATE, ZIP: Portland, OR 97220
PHONE: (503)408-2600
GRADES: 9th Grade - 12th Grade
NAME: Leodis V Mcdaniel High School
DESCRIPTION: 11-City: Large
0.92 mile(s)
ONE: 2-No
CHARTER SCHOOL: No
ADDRESS: 2735 Ne 82Nd Ave MAGNET SCHOOL: CITY, STATE, ZIP: Portland, OR 97220 AREA DESCRIPTION: 11-City: Large
PHONE: (503)916-5220
DISTANCE: 1 25 mile(s)
GRADES: 9th Grade - 12th Grade TITLE ONE: 2-No
Students We Serve
OREGON AT-A-GLANCE DISTRICT PROFILE
Parkrose SD 3
SUPERINTENDENT: Michael Lopes-Serrao | 10636 NE Prescott St, Portland 97220 | 503-408-2100
Students
Grade 3 ENGLISH LANGUAGE ARTS
Students
Grade 8
High School Success
ON-TIME GRADUATION
Students
Students
District Goals
Our district strives to promote equity and to provide a quality education for each student that we serve. By focusing on equity, our district aims to reduce the achievement gap between student groups and ensure that all of our students graduate.To reach this goal we are committed to providing student centered, culturally relevant instruction and to maintain high expectations for all students.
State Goals
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% on-time, four year graduation rate by 2027. To progress toward this goal, the state will prioritize efforts to improve attendance, provide a wellrounded education, invest in implementing culturally responsive practices, and promote continuous improvement to close opportunity and achievement gaps for historically and currently underserved students.
Our Staff (rounded FTE)
OREGON AT-A-GLANCE DISTRICT PROFILE
Parkrose SD 3
Outcomes
REGULAR ATTENDERS
ARTS
ON-TRACK TO GRADUATE
ON-TIME GRADUATION
Students We Serve
OREGON AT-A-GLANCE SCHOOL PROFILE
Sacramento Elementary School
PRINCIPAL: Sarah Lamb-Christensen | GRADES: K-5 | 11400 NE Sacramento St, Portland 97220 | 503-408-2800
CLASS SIZE
REGULAR ATTENDERS
Students
School Goals
Our staff is committed to student achievement and will continue to use the Common Core State Standards to guide instruction at higher levels of rigor. We will continue to sustain an intense focus on literacy and math fluency in the coming year as we implement a growth mindset in our application of new instructional strategies aimed at providing all students with the skills they need to be college and career ready. We encourage you to contact the school with any questions, concerns, or information that will help us ensure success for your student.
MATHEMATICS
State Goals
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% ontime, four year graduation rate by 2027. To progress toward this goal, the state will prioritize efforts to improve attendance, provide a well-rounded education, invest in implementing culturally responsive practices, and promote continuous improvement to close opportunity and achievement gaps for historically and currently underserved students.
Safe & Welcoming Environment
Each of our schools should be a place that our students and families want to come into. We celebrate our community’s diversity and want to see it reflected in our schools. We carry the responsibility for our students feeling both physically and emotionally safe when they are with us.
Our Staff (rounded FTE) 18
OREGON AT-A-GLANCE SCHOOL PROFILE
Sacramento Elementary School
Outcomes
REGULAR ATTENDERS
ENGLISH LANGUAGE ARTS
Teachers
5 Educational assistants
1
Counselors/ Psychologists/ Social Workers
About Our School
BULLYING, HARASSMENT, AND SAFETY POLICIES
The Parkrose School District uses the Positive Behavior Support system to teach and encourage positive interactions and a Restorative Justice model to help repair and reteach when there have been missteps. We have policy in place to guide the reporting and response to any incidents of bullying or harassment and we are part of the county-wide Threat Assessment Team to help address reports of safety concerns.
EXTRACURRICULAR ACTIVITIES
SUN Schools
PARENT ENGAGEMENT
All our schools have monthly PTO meetings that we invite every family to attend. We also work through social media to communicate school events and celebrations with our community. The school’s website has information about upcoming events like Back to School Nights and other Open Houses and events throughout the year.
COMMUNITY ENGAGEMENT
All our schools have monthly PTO meetings that we invite every family to attend. We also work through social media to communicate school events and celebrations with our community. The school’s website has information about upcoming events like Back to School Nights and other Open Houses and events throughout the year.
Our staff is committed to student achievement and will continue to use the Common Core State Standards to guide instruction at higher levels of rigor. We will continue to sustain an intense focus on literacy and math fluency in the coming year as we implement a growth mindset in our application of new instructional strategies aimed at providing all students with the skills they need to be college and career ready. We encourage you to contact the school with any questions, concerns, or information that will help us ensure success for your student.
State Goals
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% ontime, four year graduation rate by 2027. To progress toward this goal, the state will prioritize efforts to improve attendance, provide a well-rounded education, invest in implementing culturally responsive practices, and promote continuous improvement to close opportunity and achievement gaps for historically and currently underserved students.
Safe & Welcoming Environment
Each of our schools should be a place that our students and families want to come into. We celebrate our community’s diversity and want to see it reflected in our schools. We carry the responsibility for our students feeling both physically and emotionally safe when they are with us.
Our Staff (rounded FTE)
OREGON AT-A-GLANCE SCHOOL PROFILE
Parkrose Middle School
Outcomes
REGULAR ATTENDERS
ENGLISH LANGUAGE ARTS
Teachers 4 Educational assistants 2 Counselors/ Psychologists/ Social Workers
About Our School
BULLYING, HARASSMENT, AND SAFETY POLICIES
The Parkrose School District uses the Positive Behavior Support system to teach and encourage positive interactions and a Restorative Justice model to help repair and reteach when there have been missteps. We have policy in place to guide the reporting and response to any incidents of bullying or harassment and we are part of the county-wide Threat Assessment Team to help address reports of safety concerns.
EXTRACURRICULAR ACTIVITIES
PARENT ENGAGEMENT
All our schools have monthly PTO meetings that we invite every family to attend. We also work through social media to communicate school events and celebrations with our community. The school’s website has information about upcoming events like Back to School Nights and other Open Houses and events throughout the year.
COMMUNITY ENGAGEMENT
All our schools have monthly PTO meetings that we invite every family to attend. We also work through social media to communicate school events and celebrations with our community. The school’s website has information about upcoming events like Back to School Nights and other Open Houses and events throughout the year.
Students earning a diploma within four years. Cohort includes students who were first-time ninth graders in 2018-19 graduating in 2021-22
FIVE-YEAR COMPLETION
Students earning a high school diploma or GED within five years. Cohort Includes students who were firsttime ninth graders in 2017-18 finishing in 2021-22
COLLEGE GOING
Students enrolling in a two or four year college within 16 months of completing high school in 202021. Data from the National Student Clearinghouse.
School Goals
Our staff is committed to student achievement and will continue to use the Common Core State Standards to guide instruction at higher levels of rigor. We will continue to sustain an intense focus on literacy and math fluency in the coming year as we implement a growth mindset in our application of new instructional strategies aimed at providing all students with the skills they need to be college and career ready. We encourage you to contact the school with any questions, concerns, or information that will help us ensure success for your student.
State Goals
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% ontime, four year graduation rate by 2027. To progress toward this goal, the state will prioritize efforts to improve attendance, provide a well-rounded education, invest in implementing culturally responsive practices, and promote continuous improvement to close opportunity and achievement gaps for historically and currently underserved students.
Safe & Welcoming Environment
Each of our schools should be a place that our students and families want to come into. We celebrate our community’s diversity and want to see it reflected in our schools. We carry the responsibility for our students feeling both physically and emotionally safe when they are with us.
Our Staff (rounded FTE)
OREGON AT-A-GLANCE SCHOOL PROFILE
Parkrose High School
Outcomes
REGULAR ATTENDERS
Teachers
Educational assistants 2
Counselors/ Psychologists/ Social Workers
About Our School
ADVANCED COURSEWORK
Our school offers AP and/or dual-credit courses in the areas of
English
Coding
TO GRADUATE
We also have AVID and Elevate courses and participate in National Honor Society
CAREER & TECHNICAL EDUCATION
We offer CTE coursework in the areas of
EXTRACURRICULAR ACTIVITIES
Marketing Health Services Video Production Interscholastic Sports Service Clubs
Academic Clubs
Theater Productions Choir and Band Concerts
SUN School
Mock Trial
PARENT & COMMUNITY ENGAGEMENT
All our schools have monthly PTO meetings that we invite every family to attend. We also work through social media to communicate school events and celebrations with our community. The school’s website has information about upcoming events like Back to School Nights and other Open Houses and events throughout the year.
652,503 $40,146 35 49.54% 50.46%
Portland
David Douglas
Reynolds Centennial
Parkrose
Riverdale
HOUSING
53.75% of homes owner occupied
46.25% of homes rented
POPULATION DENSITY
4,375.2 inhabitants per sq. mile
265,439 housing units at an average density of 1,989.4 per square mile
HISTORY
AGE DEMOGRAPHIC
21.1% under age 18
10.3% between ages 18 to 24
34.7% between ages 25 to 44
22.4% between ages 45 to 64
11.6% above age 65
CITY QUICK FACTS
Largest city in Oregon
145 square miles
50 feet elevation
25th most populous city in the US Highest Average Temperature
METRO AREA BASE MAP
L
Portland
L
Multnomah County Library - Gregory Heights 7921 NE Sandy Blvd, Portland, OR 97213, USA (503) 988-5123
University of Western States Library 8000 NE Tillamook St, Portland, OR 97213, USA (503) 251-5752
Movie Theater
Rocky Butte Natural Area 3102 NE Rocky Butte Rd, Portland, OR 97220, USA (503) 823-7529
Joseph Wood Hill Park NE Rocky Butte Rd, Portland, OR 97220, USA
Knott City Park 11427 NE Sacramento St, Portland, OR 97220, USA (503) 823-2525
Gateway Discovery Park 10520 NE Halsey St, Portland, OR 97220, USA
L
L O C A L B U S I
Emergency Police/Medical/Fire 911
Poison Control (800) 222-1222 www.aapcc.org
United States Postal Service (800) 275-8777 www.usps.com
Xfinity (800) 266-2278 www.xfinity.com
Ziply Fiber (866) 699-4759 www.ziplyfiber.com
Verizon (800) 483-4100 www.verizon.com
AT&T (800) 288-2020 www.att.com
CenturyLink (866) 963-6665 www.centurylink.com
Dish Network (800) 318-0572 www.dish.com
DIRECT TV (800) 531-5000 www.directtv.com
The Oregonian (503) 221-8240 www.oregonlive.com
TRI-MET (503) 238-7433 www.trimet.org
Northwest Natural Gas (800) 422-4012 www.nwnatural.com
Pacific Power (888) 221-7070 www.pacificpower.net
City of Portland Water District (503) 823-4874 www.portland.gov/water
City of Portland Sewer District (503) 823-7770 www.portland.gov
Parkrose School District (503) 408-2100 www.parkrose.k12.or.us
CHANGE OF ADDRESS
USPS
Below is the website if you would like to change your address online or you can visit your local post office, they will provide you with the change of address packet. https://moversguide.usps.com
Benefits you will receive when you change your address online are:
Exclusive mover savings coupons
Safe and secure with identity verification by a simple $100 charge to your credit or debit card
Email confirmation at the end of registration of your change of address
* Must have valid email address and credit card to register online
AUTO REGISTRATION AND DRIVER LICENSING
Below is the website if you would like to change your address online or you can visit your local DMV office.
Oregon Department of Transportation DMV Services 1905 Lana Avenue NE Salem, OR 97314-0100
wwworegondmvcom/oregon/indexhtm
General DMV Information Contact: 503-299-9999
VOTERS REGISTRTION
TO REGISTER TO VOTE, YOU MUST BE:
A citizen of the USA
A resident of Oregon
A Legal Resident of Oregon State at least 18 years of age on or before the next election
HOW TO REGISTER
To register to vote online you will need an Oregon driver's license, permit or ID card number issued by the Oregon Driver and Motor Vehicle Services Division (DMV)
If you do not have an Oregon driver's license, permit or ID card, you can still use the online voter registration application. The information you enter will display on a voter registration card (PDF document) that you will need to print, sign and deliver to your county elections office to complete your registration.
REGISTRATION DEADLINE
A new registrant must submit their online registration by 11:59:59 p.m. Pacific Time on the 21st calendar day before an election to be eligible to vote in that election.
CHANGE OF ADDRESS
If you move to a new county, you must complete a new voter registration, otherwise you must request a transfer of your registration
Clackamas County Voter Registration: 503-655-8510
Multnomah County Voter Registration: 503-988-3720
Washington County Voter Registration: 503-846-5800
Metro South (503) 234-3000 wwworegonmetrogov 2001 Washington St Oregon City, OR
Clackamas County (503) 668-8885 wwwwmnorthwestcom 19600 SE Canyon Valley Rd. Sandy, OR
VOTER REGISTRATION
Clackamas (503) 655-8510
Multnomah (503) 248-3720
Washington (503) 846-5800
WATER BUREAU
Beaverton (503) 526-2257
Clackamas (503) 722-9220
Gladstone (503) 656-5223
Gresham (503) 618-2373
Hillsboro (503) 681-6228
Lake Oswego (503) 635-0265
Milwaukie (503) 786-7525
Oregon City (503) 657-8151
Portland (503) 823-7770
Tigard (503) 639-1554
Tualatin (503) 692-2000
West Linn (503) 656-4261
Wilsonville (503) 682-1011
CYBER SECURITY
g p , g being sent to an outside account and never credited to the intended party
To protect and reduce your risk, WFG has implemented the following procedures for outgoing and incoming wires:
Outgoing Wire from WFG to seller or borrower for proceeds
In the escrow paperwork provided you will be asked to provide written instructions on how you want funds due you sent to you at the close of escrow If you choose to have the funds sent via wire transfer, WFG will contact you by phone to confirm the wire information provided.
Incoming Wires from the buyer and/or lender to WFG bank account
For funds that are to be wired to WFG for your transaction, we will send specific wire instructions to the remitting person via an encrypted email. We recommend you reach out to your WFG contact to confirm the wire instructions prior to remittance.
We look forward to processing your escrow transaction for you. We know that this can be a stressful time and we are here to assist you in any way we can to make this a good experience
claims, or restrictions on the buyers property, other than the mortgage the buyer agrees to pay.
If the preliminary title search uncovers potential problems, a buyer can require that those problems be satisfactorily dealt with before closing on the home.
In addition, owner’s title insurance protects buyers against a myriad of risks that not even the most careful title search can uncover, including things such forged documents, undisclosed or missing heirs of a previous owner, fraud, will disputes, and unrecorded claims of many types.
Without owner’s title insurance, the legal costs to resolve such title claims could easily be in the tens of thousands of dollars and would have to be paid out of pocket by the buyer - not to mention the stress that such situations would cause to the buyer
Owner’s title insurance is one of the most affordable insurance policies a person can ever buy Unlike other forms of insurance, there is only a one-time fee at closing for the policy, which financially protects the buyer’s investment for as long as the buyer or the buyer’s heirs own the home.
So, if someone tells the buyer that owner’s title insurance is “optional”, that certainly does not mean that the buyer should not get it. Virtually every lender requires lender’s title insurance, but that insurance does not protect the buyer.
In order to safeguard the buyer’s investment in the property, which is possibly the most important investment the buyer will ever make, owner’s title insurance is absolutely critical.
WHAT IS ESCROW?
Both the buyer and seller rely on the escrow agent to carry out their written instructions relating to the transaction and to advise them if any of their instructions are not mutually consistent or cannot be carried out. If the instructions from all parties to an escrow are clearly drafted, the escrow officer can proceed on behalf of the buyer and seller without further consultation. This saves much time and facilitates the closing of the transaction.
TYPICAL ROLES IN THE CLOSING PROCESS
The Seller/Agent
Delivers a fully executed Purchase Sale Agreement to the escrow agent.
Executes the paperwork necessary to close the transaction
The Buyer/Agent
Deposits collected funds required to close (in with the escrow agent
Approves the commitment for title insurance, or other items as called for by the Purchase Sale Agreement
Executes the paperwork and loan documents necessary to close the transaction
The Lender
Deposits loan documents to be executed by the buyer
Deposits the loan proceeds
Directs the escrow agent of the conditions under which the loan funds may be used
The Escrow Agent
Clears Title
Obtains title insurance
Obtains payoffs and release documents for underlying loans on the property
Receives funds from the buyer and/or lender. Prepares vesting document affidavit on seller’s behalf
Prorates insurance, taxes, rents, etc
Prepares a final statement (often referred to as the “HUD Statement” or ”Settlement Statement”) for each party, indicating amounts paid in conjunction with the closing of your transaction
Forwards deed to the county for recording
Once the proper documents have been recorded, the escrow agent will distribute funds to the proper parties
In Summary
Escrow is the process that assembles and processes many of the components of a real estate transaction. The sale is officially closed when the new deed is recorded and funds are available to the seller, thus transferring ownership from the seller to the buyer
The escrow agent is a neutral third party acting on behalf of the buyer and seller.
WHAT IS TITLE?
About Title Insurance
Title is a bundle of rights in real property. Protecting purchasers and lenders against loss is accomplished by the issuance of a title insurance policy Usually, during a purchase transaction, the lender requests a policy (commonly referred to as the Lender’s Policy) while the buyers receive their own policy (commonly referred to as an Owner's Policy)
In short, the policy states that if the status of the title to a parcel of real property is other than as represented, and if the insured (either the owner or lender) suffers a loss as a result of a title defect, the insurer will reimburse the insured for that loss and any related legal expenses, up to the face amount of the policy, subject to exceptions and exclusions contained in the policy
Typically there are two policies issued. The Mortgagee’s Policy insures the lender for the amount of the loan. The Owner’s Policy insures the purchaser of the purchase price.
How is title insurance different from other types of insurance?
While the function of most other forms of insurance is risk assumption through the pooling of risks for losses arising out of unforeseen future events (such as sickness or accidents), the primary purpose of title insurance is to eliminate risks and prevent losses caused by defects in title arising out of events that have happened in the past To achieve this goal, title insurers perform an extensive search and examination of the public records to determine whether there are any adverse claims (title defects) attached to the subject property Said defects/claims are either eliminated prior to the issuance of a title policy
or their existence is excepted from coverage. Your policy is issued after the closing of your new home, for a one-time nominal fee, and is good for as long as you own the property
What’s involved in a title search? A title search is actually made up of three separate searches:
Chain of Title – History of the ownership of the subject property
Tax Search – The tax search reveals the status of the taxes and assessments
Judgment and Name Search – Searches for judgment and liens against the owners’ and purchasers’ names
Once the three searches have been completed, the file is reviewed by an examiner who determines:
Whether or not the Chain of Title shows that the party selling the property has the right to do so The status of taxes for the subject property The Tax Search will also indicate the existence of any special assessments against the land and whether or not these assessments are current or past due
Whether there are any unsatisfied judgments on the Judgment and Name Search against the previous owners, sellers, or and purchasers.
Rights established by judgment decrees, unpaid federal income taxes and mechanic liens all may be prior claims on the property, ahead of the buyer’s or lender’s rights The title search will only uncover defects in title that are of public record, thus allowing the title company to work with the seller to clear up these issues and provide the new buyer with title insurance
In Summary
After the searches have been examined, the title company will issue a commitment, stating the conditions under which it will insure title The buyer, seller and the mortgage lender will proceed with the closing of the transaction after clearing up any defects in the title that have been uncovered by the search and examination
WHO PAYS WHAT IN OREGON
SELLER PAYS
TYPICAL COSTS
The following costs generally affect all transactions:
Escrow Fee - one-half of the fee, based on title company’s fee schedule
Recording Fees - based on county fee schedule
Title Premium - based on fixed statewide fee schedule
Real Estate Commission - based on agreement with Broker
Tax Prorate - to apportion taxes between parties as of date of closing
General Costs - as listed for each specific transaction, as requested by principals
Release fees for loan payoff(s)
LAND SALE CONTRACT TRANSACTION
Attorney Fee - optional, and is sometimes shared with purchaser
Collection Escrow Setup Fee - optional, and is often shared with purchaser
ASSIGNMENT OF CONTRACT FOR ASSUMPTION OF LOAN TRANSACTION
Any delinquent payments to bring contract or loan current
Prorate share of current month’s interest based on current rate
CONVENTIONAL, FHA, VA LOAN TRANSACTIONS
Any closing cost (not expenses of property or loan interest) negotiated on behalf of the purchaser, subject to lender’s approval
FHA, VA Loans - check with lender for any applicable seller costs
BUYER PAYS
TYPICAL COSTS
The following costs generally affect all transactions:
Escrow Fee - one-half of the fee, based on title company’s fee schedule
Recording Fees - based on county fee schedule
Fire Insurance Premium - mandatory when any lender is involved, including the seller’s lender
Tax Prorate - to apportion taxes between parties as of date of closing
General Costs - as listed for each specific transaction, as requested by the principals
LAND SALE CONTRACT TRANSACTION
Attorney Fee - optional, and is sometimes shared with seller
Collection Escrow Setup Fee - optional, and is sometimes shared with seller
Recording Fee - for contract or memorandum thereof
ASSIGNMENT OF CONTRACT FOR ASSUMPTION OF LOAN TRANSACTION
Assumption or Assignment
Next monthly payment due, if required by lender
Recording Fee - for Assumption/Assignment of Agreement, if required by lender
CONVENTIONAL, FHA, VA LOAN TRANSACTIONS
Lenders title insurance policy & endorsements, as required by lender
Loan Fee - as required by lender
Credit Report Fee - as required by lender
Appraisal Fee - as required by lender
Mortgage Insurance Premium - based on fee schedule and endorsements of lender
Prepaid Interest - if required by lender
VA Loans only - funding fee, if required by lender
FHA, VA, and some Conventional Loans - reserves for real property taxes, fire insurance and mortgage insurance
DOWNTOWN VANCOUVER 2001 SE Columbia River Dr Ste. 100 Vancouver, WA 98661 360-314-0300
SALMON CREEK
2105 NE 129th St. Ste. 107 Vancouver, WA 98686 360-314-1818
VANCOUVER MALL
4400 NE 77th Ave Ste. 250 Vancouver, WA 98662 360-891-5454
EAST VANCOUVER 2004 SE 192nd Ave. Ste. 100 Vancouver, WA 98683 360-356-9990 1 2 3 5 6 7 8 9 4 10
700 NE Multnomah St. Ste. 190 Portland, OR 97232 503-230-8488
Portland, OR 97220
REPORT FOR 7/24/2025
Single-Family Homes
This week the median list price for Portland, OR 97220 is $500,000 with the market action index hovering around 42. This is less than last month's market action index of 43 Inventory has increased to 45
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory
Real-Time Market Profile
Slight Seller's Advantage
Market Narrative
The market has been cooling over time and prices have recently flattened Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available) If the MAI begins to climb, prices will likely follow suit If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Market Segments
Each segment below represents approximately 25% of the market ordered by price
Median List Price
In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Segments
In the quartile market segments, we see prices in this zip code generally settled at a plateau, although Quartile 3 is on a bit of an up trend in recent weeks. We'll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels.
Price Per Square Foot
While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers are tending to get more home for their money. 7-Day
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.
Market Action Index
The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Market Action Segments
Not surprisingly, all segments in this zip code are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the highend) will weaken before the rest of the market and signal a slowdown for the whole group.
Median Days on Market (DOM)
The properties have been on the market for an average of 78 days. Half of the listings have come newly on the market in the past 34 or so days. Watch the 90-day DOM trend for signals of a changing market.
Segments
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
Instant access to
WFG’s MyHome® provides full transparency, real-time updates, and post-closing home information in a secure built with YOU in mind.
Contact information for
Sign up for an account at https://myhome.wfgtitle.com today!
Click Register for MyHome® account on a MyHome® email to https://myhome. wfgtitle.com
Complete a brief registration form. Use your email address on immediate access.
