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Jeff Edmondson 4401 SE 42nd Ave Homebook

Page 1


Subject Property

County Name: Multnomah

APN / Parcel Number: R212656

Current Ownership: Rosanna Mattingly

Site Address: 4401 SE 42nd Ave, Portland OR 97206

Mail Address: 4401 SE 42nd Ave, Portland OR 97206 *Owner Occupied

Tract / Subdivision: / Maplewood Add

Census Tract / Block: 000802 / 3027

Lot / Block: 9,10 / 4

Twn / Rng / Sec / Qtr: 01S / 02E / 07 / SW

Information

Sale Recording Date: 03/01/1994

Property Characteristics

Property Details

GENERALINFORMATION

Property Status AActive

Property Type RPResidential

Legal Description

MAPLEWOODADD,BLOCK4,LOT9&10EXC W25'&EXCPTINST

Alternate Account Number R535000830

Neighborhood RB3108Reed

Map Number 1S2E07CC-13400

Property Use B-RESIDENTIALIMPROVED

LevyCodeArea 201

OWNERINFORMATION

Owner Name MATTINGLY,ROSANNAL

Mailing Address 4401SE42NDAVEPORTLAND,OR 97206-4177

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 MessageIMPROVEMENTS ? Expand/Collapse All

Subject Property

County Name: Multnomah

APN / Parcel Number: R333072

Current Ownership: Rosanna Mattingly

Site Address: 4401 Wi/ SE 42nd Ave, Portland OR 97206

Mail Address: 4401 SE 42nd Ave, Portland OR 97206 *Owner Occupied

Tract / Subdivision: Census Tract / Block: 000802 / 3027 Lot / Block: Twn / Rng / Sec / Qtr: 01S / 02E / 07 / SW

Sale Information

Property Characteristics

Property Details

GENERALINFORMATION

Property Status AActive

Property Type RPResidential

Legal Description SECTION071S2E,TL135000.02ACRES

Alternate Account Number R992072660

Neighborhood RB3108Reed Map Number 1S2E07CC-13500

Property Use A-VACANTLAND

LevyCodeArea 201

OWNERINFORMATION

Owner Name MATTINGLY,ROSANNAL Mailing Address 4401SE42NDAVEPORTLAND,OR97206

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 MessageLANDSEGMENTS

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 policy of title insurance is expressly modified by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon

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 policy of title insurance is expressly modified by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon

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 policy of title insurance is expressly modified by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

Breakdown

Age Distribution

Area Schools

Assigned School

Primary School: Grout Elementary School

Middle School: Hosford Middle School

High School: Cleveland High School

Primary School

Grout Elementary School 1

Middle School

Hosford Middle School 3

High School

Cleveland High School 2

1. Grout Elementary School

Address: 3119 Se Holgate Blvd District: Portland Sd 1J

Charter: No Magnet:

Title 1 Elig: 1-Yes

2. Cleveland High School

Title 1: 5-Title I schoolwide school

Distance: 0.67 mile(s)

Type: 1-Regular school

Students: 302

Grade Levels: Kindergarten - 5th Grade

Male / Female: 163 / 139 Distance: 1.10 mile(s)

Address: 3400 Se 26Th Ave District: Portland Sd 1J

Charter: No Magnet:

Title 1 Elig: 2-No

3. Hosford Middle School

Type: 1-Regular school

Students: 1,472

Title 1: 6-Not a Title I school Grade Levels: 9th Grade - 12th Grade

Male / Female: 772 / 663 Distance: 1.37 mile(s)

Address: 2303 Se 28Th Pl District: Portland Sd 1J

Charter: No Magnet:

Title 1 Elig: 2-No

Male / Female: 283 / 221

Title 1: 6-Not a Title I school

Type: 1-Regular school

Students: 517

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?

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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