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Shea Steel 16380 SE Sterling Cir Homebook

Page 1


Subject Property

County Name: Clackamas

APN / Parcel Number: 00289235

Current Ownership: Kari Sabah

Site Address: 16380 SE Sterling Cir, Milwaukie OR 97267

Mail Address: 16380 SE Sterling Cir, Milwaukie OR 97267 *Owner Occupied

Tract / Subdivision: / Sterling Park

Census Tract / Block: 021700 / 1000

Lot / Block: 19 / 2

Twn / Rng / Sec / Qtr: 02S / 01E / 12 / SW

Brief Legal Description: 1582 STERLING PARK LT 19 BLK 2

Sale Information

Sale Recording Date: 09/17/2009

Property Characteristics

Beds: 3

Baths: 1

Stories: 1

TICOR

Property Details

Buyer Name(s): Kari J Sabah

APN: 00289235

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: 00289235
Sentry Dynamics, Inc and its customers make no representations, warranties
report 03/30/2026 Prepared by:Tracy Shea

Parcel ID: 00289235

SiteAddress: 16380 SE Sterling Cir

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: 00289235

SiteAddress: 16380 SE Sterling Cir

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# 21E12CD02627

PropertyDescription 1582STERLINGPARKLT19BLK2

LastSalePrice $205,00000

LastSaleDate 09/21/2009

LastSaleExciseNumber 194133

PropertyCategory

Remarks

PropertyCharacteristics

Parents

ParcelNo. Seg/MergeNo.

No Parents Found

Children

ParcelNo. Seg/MergeNo.

No Children Found

ActiveExemptions

No Exemptions Found

Events

09/17/2009 09/21/2009 14:07:00 Recording Processed

09/17/2009 09/21/2009 14:07:00 Taxpayer Changed

11/16/2006 12/21/2006 13:31:00 Recording Processed

11/16/2006 12/21/2006 13:31:00 Taxpayer Changed

02/28/2006 03/03/2006 14:33:00 Recording Processed

Transfer Filing No.: 194133, Warranty Deed, Recording No.: 2009-065929 09/17/2009 by LAURIEB

Filing No.: 194133 09/17/2009 by LAURIEB

Transfer Filing No.: 151763, Bargain & Sale, Recording No.: 2006-106364 11/16/2006 by AMANDAOLS

Transfer Filing No.: 151763 11/16/2006 by AMANDAOLS

Transfer Filing No.: 136565, Warranty Deed, Recording No.: 2006-018022 02/28/2006 by AMANDAOLS

02/28/2006 03/03/2006 14:33:00 Taxpayer Changed Property Transfer Filing No.: 136565 02/28/2006 by AMANDAOLS

06/26/2002 07/02/2002 08:43:00 Taxpayer Changed Property Transfer Filing No.: 55812 06/26/2002 by JEANBOR

06/26/2002 07/02/2002 08:43:00 Recording Processed Property Transfer Filing No.: 55812, Warranty Deed, Recording No.: 2002-059507 06/26/2002 by JEANBOR

07/03/2001 07/03/2001 15:00:00 The situs address has changed by LINDAPET

07/01/1999 07/01/1999 12:00:00 Ownership at Conversion Quitclaim Deed: 98-30248, 4/1/98, $ 0

(ReceiptDetail.aspx? receiptnumber=5899597)

(ReceiptDetail.aspx? receiptnumber=5627631)

(ReceiptDetail.aspx? receiptnumber=5435368)

00:00:00

SalesHistory

09/11/2009 09/21/2009 09/17/2009 2009065929

08/23/2006 12/21/2006 11/16/2006 2006106364 $0.00 151763

No 02/27/2006 03/03/2006 02/28/2006 2006018022

06/25/2002 07/02/2002 06/26/2002 2002059507 $139,000.00 55812

Detailed Statement

Households Breakdown

Age Distribution

Area Schools

Assigned School

Primary School: Riverside Elementary School

Middle School: Alder Creek Middle School

High School: Putnam High School

Primary School

Riverside Elementary School 1

Middle School

Alder Creek Middle School 3

High School

Putnam High School 2

1. Riverside Elementary School

Distance: 0.23 mile(s)

Address: 16303 Se River Rd District: North Clackamas Sd 12 Type: 1-Regular school

Charter: No Magnet:

Title 1 Elig: 1-Yes

Male / Female: 171 / 165

2. Putnam High School

Students: 337

Title 1: 5-Title I schoolwide school Grade Levels: Kindergarten - 5th Grade

1.24 mile(s)

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

Charter: No Magnet: Students: 1,063

Title 1 Elig: 2-No

Male / Female: 541 / 508

3. Alder Creek Middle School

Title 1: 6-Not a Title I school

Levels: 9th Grade - 12th Grade

2.36 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

Students: 831

Title 1: 6-Not a Title I school Grade Levels: 6th Grade - 8th Grade

Scan QR Code for CC&Rs

CC&Rs: Sterling Park

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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