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Kevin Riley 6031 SE Aldercrest Rd Home Book

Page 1


County Name: Clackamas

APN / Parcel Number: 00443595

Current Ownership: Laura & Michael Stadler

Site Address: 6031 SE Aldercrest Rd, Milwaukie OR 97267

Mail Address: 6031 SE Aldercrest Rd, Milwaukie OR 97267 *Owner Occupied

Tract / Subdivision:

Census Tract / Block: 021500 / 3015

Lot / Block: 703

Twn / Rng / Sec / Qtr: 02S / 02E / 06 / SE Brief Legal Description: Section

Sale Information

Sale Recording Date: 01/16/2018

Property Characteristics

00443595

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: 00443595
Sentry
report 04/28/2026 Prepared by:Tracy Shea

Parcel ID: 00443595

SiteAddress: 6031 SEAldercrest Rd

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: 00443595

SiteAddress: 6031 SEAldercrest Rd

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

Thismap/platisbeingfurnishedasanaidinlocatingthehereindescribedLandinrelationtoadjoiningstreets,naturalboundariesandotherland,andisnotasurveyofthe landdepicted.Excepttotheextentapolicyoftitleinsuranceisexpresslymodifiedbyendorsement,ifany,theCompanydoesnotinsuredimensions,distances,locationof easements,acreageorothermattersshownthereon.

Thismap/platisbeingfurnishedasanaidinlocatingthehereindescribedLandinrelationtoadjoiningstreets,naturalboundariesandotherland,andisnotasurveyofthe landdepicted.Excepttotheextentapolicyoftitleinsuranceisexpresslymodifiedbyendorsement,ifany,theCompanydoesnotinsuredimensions,distances,locationof easements,acreageorothermattersshownthereon.

Property Account Summary

GeneralInformation

AlternateProperty# 22E06DD00703

PropertyDescription

Section06Township2SRange2EQuarterDDTAXLOT00703

LastSalePrice $655,00000

LastSaleDate 02/06/2018

LastSaleExciseNumber 328616

Remarks

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 Type Remarks

01/16/2018 02/06/2018 12:30:00 Recording Processed Property Transfer Filing No.: 328616, Warranty Deed, Recording No.: 2018-003071 01/16/2018 by MEKAOLS

01/16/2018 02/06/2018 12:30:00 Taxpayer Changed Property Transfer Filing No.: 328616 01/16/2018 by MEKAOLS

09/26/2003 10/01/2003 16:20:00 Recording Processed Property Transfer Filing No.: 84356, Warranty Deed, Recording No.: 2003-130286 09/26/2003 by PENNYGAB

09/26/2003 10/01/2003 16:20:00 Taxpayer Changed Property Transfer Filing No.: 84356 09/26/2003 by PENNYGAB

04/28/2000 05/26/2000 15:22:00 Taxpayer Changed Property Transfer Filing No.: 13355

04/28/2000 05/26/2000 15:22:00 Recording Processed Property Transfer Filing No.: 13355, Warranty Deed, Recording No.: 2000-027580

07/01/1999 07/01/1999 12:00:00 Ownership at Conversion Warranty Deed: 88-30634, 7/1/88, $ 185000

TaxBalance

InstallmentsPayable

Tax

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(ReceiptDetail.aspx? receiptnumber=5440677)

5235239 (ReceiptDetail.aspx? receiptnumber=5235239)

(ReceiptDetail.aspx? receiptnumber=5051181)

Detailed Statement

Households Breakdown

Age Distribution

Area Schools

Assigned School

Primary School: View Acres Elementary School

Middle School: Alder Creek Middle School

High School: Putnam High School

Primary School

View Acres Elementary School 2

Middle School

Alder Creek Middle School 1

High School

Putnam High School 3

1. Alder Creek Middle School

Distance: 0.43 mile(s)

Address: 13801 Se Webster Rd District: North Clackamas Sd 12 Type: 1-Regular school

Charter: No

Title 1 Elig: 2-No

Male / Female: 413 / 403

2. View Acres Elementary School

Title 1: 6-Not a Title I school

Students: 831

Grade Levels: 6th Grade - 8th Grade

Distance: 0.62 mile(s)

Address: 4828 Se View Acres Rd District: North Clackamas Sd 12 Type: 1-Regular school

Charter: No Magnet:

Title 1 Elig: 2-No

3. Putnam High School

Students: 372

Title 1: 6-Not a Title I school Grade Levels: Kindergarten - 5th Grade

Male / Female: 200 / 172 Distance: 1.37 mile(s)

Address: 4950 Se Roethe Rd District: North Clackamas Sd 12 Type: 1-Regular school

Charter: No

Title 1 Elig: 2-No

Male / Female: 541 / 508

Title 1: 6-Not a Title I school

Students: 1,063

Grade Levels: 9th Grade - 12th 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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