Subject Property 1645 SW Joshua St, Portland OR 97219
County Name: Multnomah
APN / Parcel Number: R567866
Current Ownership: Christopher & Terrie Sheik
Site Address: 1645 SW Joshua St, Portland OR 97219
Mail Address: 1645 SW Joshua St, Portland OR 97219 *Owner Occupied
Tract / Subdivision: / Spencer Meadows
Census Tract / Block: 006402 / 4024
Lot / Block: 4
Twn / Rng / Sec / Qtr: 01S / 01E / 33 / SW
Brief Legal Description: SPENCER MEADOWS, LOT 4
Sale Information
Sale Recording Date: 06/02/2016
Property Characteristics
Property Details
APN: R567866
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: R567866
Sentry Dynamics, Inc
its
Shea
Parcel ID: R567866
SiteAddress: 1645 SW Joshua St
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: R567866
SiteAddress: 1645 SW Joshua St
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 Owner Property Address
R567866 SHEIK,CHRISTOPHER G & SHEIK,TERRIE T 1645 SW JOSHUA ST, PORTLAND, OR 97219 $512,970
Property Page: Property Details
GENERAL INFORMATION
Property Status A Active
Property Type RP Residential
Legal Description SPENCER MEADOWS, LOT 4
Alternate Account Number R784480200
Neighborhood RB6123 Lake Oswego Map Number 1S1E33CA -04404
Property Use B - RESIDENTIAL IMPROVED
Levy Code Area 001
OWNER INFORMATION
Owner Name SHEIK,CHRISTOPHER G & SHEIK,TERRIE T
Mailing Address 1645 SW JOSHUA ST PORTLAND, OR 97219
RELATED PROPERTIES
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 -
ASSESSED VALUES
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.
Age Distribution
Area Schools
Assigned School
Primary School: Stephenson Elementary School
Middle School: Jackson Middle School
High School: Ida B. Wells-Barnett High School
Primary School
Stephenson Elementary School 1
Middle School
Jackson Middle School 2
High School
Ida B Wells-Barnett High School 3
1. Stephenson Elementary School
Address: 2627 Sw Stephenson St District: Portland Sd 1J
Charter: No Magnet:
Title 1 Elig: 2-No
Male / Female: 155 / 154
2. Jackson Middle School
Title 1: 6-Not a Title I school
Address: 10625 Sw 35Th District: Portland Sd 1J
Charter: No Magnet:
Title 1 Elig: 2-No
3. Ida B. Wells-Barnett High School
Title 1: 6-Not a Title I school
Distance: 0.49 mile(s)
Type: 1-Regular school
Students: 310
Grade Levels: Kindergarten - 5th Grade
Distance: 1.19 mile(s)
Type: 1-Regular school
Students: 710
Grade Levels: 6th Grade - 8th Grade
Male / Female: 367 / 332 Distance: 2.70 mile(s)
Address: 1151 Sw Vermont St District: Portland Sd 1J
Charter: No
Title 1 Elig: 2-No
Male / Female: 869 / 750
Title 1: 6-Not a Title I school
Type: 1-Regular school
Students: 1,650
Grade Levels: 9th Grade - 12th Grade
Scan QR Code for CC&Rs
CC&Rs: Spencer Meadows
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?