Skip to main content

Shea Steel 640 N Morton St Home Book

Page 1


Property

Information Report

640 N MORTON ST NEWBERG, OR 97132-2216

Ownership Information

Owner Name:

MICHAEL JAMES STRANDBERG AMY LYNN GRIFFITH STRANDBERG

Mailing Address:

Transaction History

This information has been furnished, without charge, in conformance with the guidelines approved by the State of Oregon Insurance Commissioner. The Insurance division cautions intermediaries that this service is designed to benefit the ultimate insureds. Indiscriminate use only benefiting intermediaries will not be permitted. Said Services may be discontinued. No liability is assumed for any errors in this report.

AllinformationprovidedbyValueCheck,Incisdeemedreliable,butnotguaranteed. Accuracyoftheinformationmayvarybycounty.

Copyright © 2026 ValueCheck, Inc.

* If you have questions about your assessed value increasing more than 3% this year, please contact our office.

Property Account Summary

Click image above for more information

Active Exemptions

No Exemptions Found Tax Balance

No Charges are currently due. If you believe this is incorrect, please contact the Assessor's Office.

PropertyAddress 640NMORTONST

City,State&Zip NEWBERG,OR97132-2216

County YAMHILLCOUNTY

MailingAddress 640NMORTONST,NEWBERG,OR97132-2216

ReportDate:03/30/2026

OrderID:R213934905

ParcelNumber R3218DC04100

SubjectPropertyLocation

ReportDate:03/30/2026

PropertyAddress 640NMORTONST OrderID:R213934906

City,State&Zip NEWBERG,OR97132-2216

County YAMHILLCOUNTY

MailingAddress 640NMORTONST,NEWBERG,OR97132-2216

NearbyNeighbor#9

Address

NearbyNeighbor#10

SubjectPropertyLocation

PropertyAddress 640NMORTONST

City,State&Zip NEWBERG,OR97132-2216

County YAMHILLCOUNTY

MailingAddress 640NMORTONST,NEWBERG,OR97132-2216

PublicSchoolSummary SchoolName

EdwardsElementarySchool GradeKG-Grade5

JoanAustinElementarySchool GradeKG-Grade5

ChehalemValleyMiddleSchool Grade6-Grade8

NewbergSeniorHighSchool Grade9-Grade12

ReportDate:03/30/2026

OrderID:R213934907

About PublicSchools

ThePublicSchoolReportlistsschoolsclosesttothesubjectproperty Foracompletelistingofschoolsinyourarea,pleasegotohttp://wwwncesedgov/globallocator APIIndex

TheAcademicPerformanceIndex(API)measuresacademicperformanceandgrowthofschools,whichincludesresultsoftheStanford9 TheAPIreportsanumericscalethatranges from200to1000 Aschool'sscoreorpositionontheAPIindicatesthelevelofaschool'spreformance

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.

Turn static files into dynamic content formats.

Create a flipbook
Shea Steel 640 N Morton St Home Book by Lawyers Title Oregon - Issuu