3147 NW 114TH TER, PORTLAND -HC by mwidman-wfgnationaltitle

Why work with Sarah Pitzman?

When you work with Sarah, you’re partnering with a dedicated local expert who truly understands the unique charm of your community. Whether you're moving up, downsizing, or purchasing your first home, Sarah is here to help you "Right-Size" your life!

A Tailored Approach

Sarah brings a calm and confident presence to every real estate transaction. She believes in honesty, transparency, and open communication, ensuring you feel informed every step of the way. No two transactions are the same, which is why she takes the time to understand your individual needs and crafts a customized plan to help you buy or sell with ease.

Service That Goes the Extra Mile

Sarah’s business is built entirely on referrals a testament to the outstanding service she provides. She anticipates your needs, handles the details, and goes above and beyond to make the process seamless and stressfree. With a hands-on, client-focused approach, she’s always there when you need her, offering integrity, trust, and expertise.

Selling Your Home

First impressions matter, and Sarah ensures your home makes a lasting one. She provides a professional staging consultation, strategic marketing including print, digital, virtual tours, drone footage, and floor plans as well as handyman and yard services if needed. To maximize your home’s value, Sarah carefully analyzes market trends and helps you set the perfect price just before listing.

Buying Your Dream Home

Finding the right home is a journey, and Sarah is committed to guiding you every step of the way. She takes the time to learn your preferences, ensuring you find a home that truly feels like yours. Once you've found "the one," she expertly negotiates the best price and terms, making the entire process smooth and rewarding.

A Boutique Real Estate Experience

Sarah Pitzman is part of The Agency-Portland, a forward-thinking, boutique agency that blends personalized service with cutting-edge technology and innovative marketing. Unlike traditional brokerages, this collaborative approach ensures every client receives top-tier representation with a competitive edge in the market.

Let’s Find Your Perfect Home or Sell with Success!

Contact Sarah Pitzman today for a personalized, stress-free real estate experience.

971-322-8863 Scan here for more information!

Sarah Pitzman sarah@sarahpitzmanrealty.com

PROPERTY ADDRESS

3147NW114THTER PORTLAND,OR97229

OWNER NAME: SudhakarSrinivasan&NithyaSudhakar

VESTING: TenantsbyEntireties

MAILING ADDRESS: 3147NW114thTerPortlandOR97229

OWNER STATUS: Owneroccupied

COUNTY: Washington CENSUS / BLOCK: 031515/1001

TSP - RNG - SEC: 01N-01W-27 LOT / BLOCK: 48/

HOUSING TRACT: Ironwood03

ALT PARCEL #: R2007044

SCHOOL DISTRICT: Beaverton

MUNICIPALITY: Portland PARCEL #: R2007044

DATE: 05/22/2015

DATE: 09/09/2013

GROSS AREA: 4,819

LIVING AREA: ABOVE GRADE:

BEDROOMS: 4

BATHROOMS: 3

FIREPLACE: 1

YEAR BUILT: 1990

PARKING TYPE: AttachedGarage UNITS:

BASEMENT:

GARAGE AREA: 1,153

ROOF SHAPE:

FOUNDATION: 05

ROOF MATERIAL: WoodShake/Shingles

CONSTRUCTIONS: Wood HEAT TYPE: HeatPump

COOLING TYPE:

EXTERIOR WALL: Wood

ROOMS: QUALITY:

INTERIOR WALL:

PORCH TYPE: PATIO TYPE: AIR COND: Y

FIXTURES: FLOOR:

EQUIPMENT:

STORIES: POOL:

CONDITION: Average

LAND USE: ResidentialImproved

ZONING: Attached/DetatchedResident

COUNTY USE: ResidenceSingleFamily

LOT ACRES: 0.38 STATE USE: LOT SQ FT: 16,553

LEN / WID:

ASSD YEAR: 2024

ASSD VALUE: $1,120,670

TAXABLE VAL: TAX YEAR: 2024

LAND VALUE: $550,410

MKT VALUE: $1,505,810

TAX AREA: 51.50

IMP VALUE: $955,400

EXEMPTIONS:

PROPERTY TAX: $21,135.06

IMPROVED %: 63

DISTRICT:

MAPS

ASSESSORMAP

STREET

AERIALMAP

CI TY B OUNDARY MAP

SCHOOLS

ELEMENTARYSCHOOLS

NAME: BonnySlopeElementarySchool CHARTER SCHOOL: No

ADDRESS: 11775NwMcdanielRd

CITY, STATE, ZIP: Portland,OR97229

PHONE: (503)356-2040

GRADES: Prekindergarten-5thGrade

NAME: MontessoriSchoolOfBeaverton

ADDRESS: 11065NwCrystalCreekLn

CITY, STATE, ZIP: Portland,OR97229

GRADES: Prekindergarten-6thgrade

MIDDLESCHOOLS

NAME: TumwaterMiddleSchool

ADDRESS: 650Nw118ThAve

CITY, STATE, ZIP: Portland,OR97229

CHARTER SCHOOL: No

13-City:Small PHONE: (503)356-3686

1.29mile(s) GRADES: 6thGrade-8thGrade

2-No

NAME: StollerMiddleSchool CHARTER SCHOOL: No

ADDRESS: 14141NwLaidlawRd

CITY, STATE, ZIP: Portland,OR97229

21-Suburb:Large PHONE: (503)356-2680

GRADES: 6thGrade-8thGrade

HIGHSCHOOLS

1.70mile(s)

ONE: 2-No

NAME: SunsetHighSchool CHARTER SCHOOL: No

ADDRESS: 13840NwCornellRd

SCHOOL: CITY, STATE, ZIP: Portland,OR97229

13-City:Small PHONE: (503)356-2960

GRADES: 9thGrade-12thGrade

1.57mile(s)

ONE: 2-No

NAME: ArtsAndCommunicationMagnet Academy CHARTER SCHOOL: No

ADDRESS: 11375SwCenterSt

SCHOOL: CITY, STATE, ZIP: Beaverton,OR97005

DESCRIPTION: 13-City:Small PHONE: (503)356-3670

GRADES: 6thGrade-12thGrade

3.30mile(s)

ONE: 2-No

Students earning a high school diploma or GED within five years. Cohort Includes students who were firsttime ninth graders in 2018-19 finishing in 2022-23 .

State Goals

Students

District Goals

The Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% on-time graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.

Beaverton School District promotes a deep sense of belonging while supporting, challenging and inspiring all students to explore their passions, achieve their goals and graduate ready to thrive in their learning and life after high school. To achieve these goals, the district and its schools will prioritize student safety and well-being, a strong start in early learning, achievement for all student groups including accessibility to dual language programs, and supports for post-high school success.

Starting in 2023-24, Senate Bill 923 updated the requirements for reporting a student's school information. More students are now included in school

ON-TIME GRADUATION

Safe & Welcoming Environment

To enable every student to thrive socially and emotionally, Beaverton School District is committed to promoting an environment where every student feels safe, included and valued. To achieve this goal, the district and its schools will create systems, structures and practices that build safe and inclusive learning environments including multi-tiered systems of support for students’ social-emotional, behavioral and academic needs.

State Goals

The Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% ontime graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.

School Goals

Starting in 2023-24, Senate Bill 923 updated the requirements for reporting a student's school information. More students are now included in school

LANGUAGE ARTS

About Our School

COMMUNITY ENGAGEMENT

Beaverton School District values community connections. We build on the experiences and strengths of our students, families, staff and community members to connect with our local and global communities. We show care for and commitment to our community through gratitude and service. To enhance engagement, the district and its schools will actively target outreach to community groups and partner with families and community groups to support student learning and well-being.

PARENT ENGAGEMENT

Beaverton School District values belonging. Individual identities are visible, valued, nurtured and celebrated. The district and its schools will center equity in our relationships, actions, systems and outcomes. We will honor the dignity and voices of our students, families, staff and community members.

EXTRACURRICULAR ACTIVITIES

Please visit the school website for up to date information about extracurricular activities.

BULLYING, HARASSMENT, AND SAFETY POLICIES

Beaverton School District is committed to an environment where all identities are valued, and every student is included. To accomplish this, the district and its schools will implement a comprehensive intervention system for academic, behavioral and social-emotional learning needs. The district and its schools will utilize data to inform and support equitable opportunities, access and inclusion for our diverse student body.

Safe & Welcoming Environment

State Goals

School Goals

Starting in 2023-24, Senate Bill 923 updated the requirements for reporting a student's school information. More students are now included in school

LANGUAGE ARTS

About Our School

COMMUNITY ENGAGEMENT

PARENT ENGAGEMENT

EXTRACURRICULAR ACTIVITIES

Please visit the school website for up to date information about extracurricular activities.

BULLYING, HARASSMENT, AND SAFETY POLICIES

Students

COLLEGE GOING

Students enrolling in a two or four year college within 12 months of completing high school in 202122 . Data from the National Student Clearinghouse.

Students earning a high school diploma or GED within five years. Cohort Includes students who were firsttime ninth graders in 2018-19 finishing in 2022-23

Safe & Welcoming Environment

State Goals

Goals

School

Starting in 2023-24, Senate Bill 923 updated the requirements for reporting a student's school information. More students are now included in school level rates.

Beaverton

School District promotes a deep sense of belonging while supporting, challenging and inspiring all students to explore their passions, achieve their goals and graduate ready to thrive in their learning and life after high school. To achieve these goals, the district and its schools will prioritize student safety and well-being, a strong start in early learning, achievement for all student groups including accessibility to dual language programs, and supports for post-high school success.

TO GRADUATE

About Our School

PARENT & COMMUNITY ENGAGEMENT

Beaverton School District values belonging. The district and its schools centers equity in our relationships, actions, systems and outcomes. We honor the dignity and voices of our students, families, staff and community members. Individual identities are visible, valued, nurtured and celebrated. We will build on the experiences and strengths of our students, families, staff and community members to connect with our local and global communities. We will show care for and commitment to our community through gratitude and service.

EXTRACURRICULAR ACTIVITIES

Please visit the school website for up to date information about extracurricular activities.

CAREER & TECHNICAL EDUCATION

Beaverton School District is committed to optimizing program offerings that are responsive to our community. This effort includes modernizing classrooms to ensure an equal technology experience at all schools, expanding equitable access to Career Technical Education programs, and utilizing data to inform and support equitable opportunities, access and inclusion for our diverse student body. For specific course guides, please visit the school website.

ADVANCED COURSEWORK

Beaverton School District values academic excellence. The district and its schools will challenge each student with rigorous, relevant and standards-based learning experiences. We will provide quality feedback to each student that cultivates critical thinking, curiosity, engagement and growth. Together, we will help students envision and prepare for their future success. For specific course guides, please visit the school website.

COMMUNITY

CI TY OF P ORTLAND

652,503 $40,146 35 49.54% 50.46%

Portland is the largest city in the U.S. state of Oregon and the seat of Multnomah County. It is a major port in the Willamette Valley region of the Pacific Northwest, at the confluence of the Willamette and Columbia rivers. As of 2020, Portland had a population of 652,503, making it the 25th most populated city in the United States, the sixth-most populous on the West Coast and the second most populous in the Pacific Northwest, after Seattle. Approximately 47% of Oregon’s population resides within the Portland metro area.

SCHOOL DISTRICTS SCH

Portland David Douglas Reynolds Centennial Parkrose Riverdale

HOUSING

53.75% of homes owner occupied

46.25% of homes rented

POPULATION DENSITY

4,375.2 inhabitants per sq. mile

265,439 housing units at an average density of 1,989.4 per square mile

HISTORY

AGE DEMOGRAPHIC

21.1% under age 18

10.3% between ages 18 to 24 34.7% between ages 25 to 44 22.4% between ages 45 to 64

11.6% above age 65

CITY QUICK FACTS

Largest city in Oregon

145 square miles

50 feet elevation

25th most populous city in the US Highest Average Temperature 81.1 Lowest Average Temperature 35.2

Named after Portland, Maine, the Oregon settlement began to be populated in the 1830s near the end of the Oregon Trail. Its water access provided convenient transportation of goods, and the timber industry was a major force in the city's early economy. At the turn of the 20th century, the city had a reputation as one of the most dangerous port cities in the world, a hub for organized crime and racketeering.

ME TRO AREA BASE MAP

LOCAL BUSINESSES

RESOURCES

PORTLAND UTILITIES

Emergency Police/Medical/Fire

911

Poison Control (800) 222-1222

www.aapcc.org

United States Postal Service (800) 275-8777

www.usps.com

Xﬁnity (800) 266-2278

www.xﬁnity.com

Ziply Fiber (866) 699-4759

www.ziplyﬁber.com

Verizon (800) 483-4100

www.verizon.com

AT&T (800) 288-2020 www.att.com

CenturyLink (866) 963-6665

www.centurylink.com

Dish Network (800) 318-0572 www.dish.com

DIRECT TV (800) 531-5000 www.directtv.com

The Oregonian (503) 221-8240 www.oregonlive.com

TRI-MET (503) 238-7433 www.trimet.org

Northwest Natural Gas (800) 422-4012 www.nwnatural.com

Portland General Electric (503) 228-6322 www.portlandgeneral.com

Tualatin Valley Water District (503) 642-1511 www.tvwd.org

Clean Water Services Sewer (503) 681-3600 www.cleanwaterservices.org

Walker Garbage (503) 531-6330 www.walkergarbage.com

Beaverton School District (503) 356-4500

www.beaverton.k12.or.us

CHANGE OF ADDRESS

USPS

Below is the website if you would like to change your address online or you can visit your local post office, they will provide you with the change of address packet. https://moversguide.usps.com

Benefits you will receive when you change your address online are:

Exclusive mover savings coupons

Safe and secure with identity verification by a simple $1.00 charge to your credit or debit card

Email confirmation at the end of registration of your change of address

* Must have valid email address and credit card to register online.

AUTO REGISTRATION AND DRIVER LICENSING

Below is the website if you would like to change your address online or you can visit your local DMV office.

Oregon Department of Transportation DMV Services

1905 Lana Avenue NE Salem, OR 97314-0100

www.oregondmv.com/oregon/index.htm

General DMV Information Contact: 503-299-9999

VOTERS REGISTRTION

TO REGISTER TO VOTE, YOU MUST BE:

A citizen of the USA

A resident of Oregon

A Legal Resident of Oregon State at least 18 years of age on or before the next election.

HOW TO REGISTER

To register to vote online you will need an Oregon driver's license, permit or ID card number issued by the Oregon Driver and Motor Vehicle Services Division (DMV).

If you do not have an Oregon driver's license, permit or ID card, you can still use the online voter registration application. The information you enter will display on a voter registration card (PDF document) that you will need to print, sign and deliver to your county elections office to complete your registration.

REGISTRATION DEADLINE

A new registrant must submit their online registration by 11:59:59 p.m. Pacific Time on the 21st calendar day before an election to be eligible to vote in that election.

CHANGE OF ADDRESS

If you move to a new county, you must complete a new voter registration, otherwise you must request a transfer of your registration.

Clackamas County Voter Registration: 503-655-8510

Multnomah County Voter Registration: 503-988-3720

Washington County Voter Registration: 503-846-5800

MOVING CHECKLIST

UTILITIES

Electric

NW Natural Gas

Water District

Sewer District

Garbage Provider

Cable/Satellite

Fuel (Propane)

Phone Services

Internet

FINANCIAL

Banks and Credit Unions

Credit Card Companies (including department store credit cards)

Lenders

(Mortgage, Home Equity, Auto, Student Loans)

Insurance Companies

(Health, Renters, Auto, Home, Medical, Dental, Disability, Life)

Retirement

(Pension plans, 401K, Social Security, Veterans Affairs)

Investments (Investment Agencies and Brokers)

Online Bill Payer

Paypal

GOVERNMENT

US Post Office

Department of Motor Vehicles

(Obtain your driver’s license and change vehicle registration)

IRS

Passport Office

Veteran Affairs

Unemployment Office

(If you are currently receiving unemployment benefits)

HEALTH

Physician

Pharmacies

SERVICE PROVIDER

Childcare

Housecleaning Services

Delivery Services

Lawn Care Services

Veterinarian

Pool Service

MEMBERSHIPS

Health Clubs

Membership Clubs (AAA or similar)

Community Groups (PTA, Neighborhood Associations, Civic Clubs)

Children’s Extracurricular

Activities (Dance Classes, Music Lesson, Sports Clubs)

SUBSCRIPTIONS

Newspapers

Magazine (USPS will only forward 2 months)

Movie Subscriptions

Book or Music Clubs

OTHER

Friends and Family

Employers (typically notify the HR Department)

MOVING CHECKLIST

8 WEEK BEFORE YOU MOVE

Inventory Sheets: Create an inventory sheet of all your belongings which need to be moved Research Moving Options: You’ll need to decide if yours is a do-it-yourself move or if you’ll be using a moving company. Request Moving Quote: Solicit moving quotes from as many moving companies and movers as possible. There can be a large difference between rates and services within moving companies.

Discard Unnecessary Items: Moving is a great time for ridding yourself of unnecessary items. Have a yard sale or donate unnecessary items to charity.

Packing Material: Gather moving boxes and packing material for your move.

Contact Insurance Companies: You’ll need to contact your insurance agent to cancel/transfer your insurance policy.

1 1 Your USPS Office

1 WEEK BEFORE YOU MOVE

Your Change of Address: Change your address with the USPS, DMV, Financial Institutions, Utilities, Government Offices, Health Care Service Providers, Memberships, Subscriptions and Insurance Provisions.

Bank Accounts: Transfer or close bank accounts if changing banks. Make sure to have a money order for paying the moving company.

Service Automobiles: If automobiles are to be driven long distance, you’ll want to have them serviced so you have a trouble-free drive.

Cancel Services: Notify any remaining service providers (newspapers, lawn services, etc.) of your move.

Travel Items: Set aside all items you’ll need while traveling. Make sure these are not packed on the moving truck.. Contact Utility Companies: Set utility turnoff date, seek refunds and deposits and notify them of your new address.

4 WEEK BEFORE YOU MOVE

4 BEFO

Start Packin location

4

Start Packing: Begin packing all things destined for your new location.

Obtain You dentist and an records or m

Obtain Your Medical Records: Contact your doctor, physician, dentist and other medical specialists who may currently be retaining any of your family’s medical records. Obtain these records or make plans for them to be delivered to your new medical facilities if changing. Security is critical of personal records.

Note Food Inventory Levels: Check your cupboards, refrigerator and freezer. Use up as much of your perishable food as possible.

Small Engines: Service small engines for your move by extracting gas and oil from the machines. This will reduce that chance to catch fire during your move.

Protect Jewelry and Valuables: Transfer your jewelry and valuables to a safety deposit box; you don’t want them to be lost or stolen during your move.

Borrowed and Rented Items: Return items that you may have borrowed or rented. Collect items borrowed to others.

* DA

MOVING DAY

Plan Your the house

Someone

Plan Your Itinerary: Make plans to spend the entire day at the house or at least until the movers are on their way. Someone will need to be around to make decisions. Make plans for kids and pets to be at a sitters for the day.

Review the House: Once the house is empty, check the entire house (closets, attic, basement, etc.) to ensure no items are left or no home issues exist.

Double Check With Your Mover: Ensure the mover has the new property address and all of your most recent contact information, should they have any questions during your move.

Vacate Your Home: Make sure utilities are off, doors and windows are locked and notify your real estate agent you’ve vacated the property.

Questions To Ask: Where is the garage door opener? Where are the keys to the house, mailbox and other lockable area? Did you retrieve all keys from neighbors and friends?

THE HOME DEPOT

(800) 466-3337 www.homedepot.com

Beaverton (503) 469-4242 4401 SW 110th Ave. Beaverton, OR 97005

S. Beaverton (503) 646-1525

13700 NW Science Pk. Dr. Portland 97229

Clackamas (503) 774-6372

9300 SE 82nd Ave. Happy Valley, OR 97086

Hillsboro (503) 693-9090

1950 SE Minter Bridge Rd. Hillsboro 97123

Jantzen Beach (503) 289-9200

1728 N Tomahawk Island Dr. Portland 97217

Oregon City (503) 723-3181

2002 Washington St. Oregon City, OR 97045

E. Portland (503) 261-8543

10120 SE Washington St. Portland 97216

NE Portland (503) 252-0188

11633 NE Glen Widing Dr. Portland 97220

Sherwood (503) 925-8447

20260 SW Pacific Hwy. Sherwood, OR 97140

Tigard (503) 639-3500

14800 SW Sequoia Parkway Tigard 97224

MOVING RESOURCES

THE HOME DEPOT CONTINUED

Troutdale (503) 674-3944

25101 SE Stark St. Troutdale, OR 97060

LOWES (800) 466-3337 www.lowes.com

Hillsboro (503) 844-6200

1951 SE 24th Ave. Hillsboro, OR 97123

Milwaukie (503) 794-2500

13631 SE Johnson Rd. Milwaukie 97222

Portland (503) 737-3000

1160 N Hayden Meadows Dr. Portland 97217

Tigard (503) 624-2644 12615 SW 72nd Ave. Tigard, OR 97223

Wood Village (503) 667-1005

1000 NE Wood Village Blvd. Wood Village, OR 97060

DONATION FACILITIES

Goodwill (800) 741-0186 locator.goodwill.org

The Salvation Army (800) 958-7825 www.salvationarmyusa.org

Value Village (800) 958-7825 www.valuevillage.com

MOVING TRUCK RENTALS

Budget (800) 462-8343 www.budgettruck.com

Penske (888) 996-5415 www.pensketruckrental.com

Ryder (800) 297-9337 www.ryder.com

U-Haul (800) 468-4285 www.uhaul.com

STORAGE COMPANIES

NW Self Storage www.nwselfstorage

Public Storage (800) 906-0879 www.publicstorage.com

Pods (888) 309-8967 www.pods.com

TRANSFER STATIONS Garbage/Recycling

Metro Center (503) 234-3000

www.oregonmetro.gov 6161 NW 61st Ave. Portland, OR 97210

Metro South (503) 234-3000 www.oregonmetro.gov

2001 Washington St. Oregon City, OR 97045

AIRPORT

Portland International Airport (877) 793-4690 www.flypdx.com

AUTO & DRIVER REGISTRATION

DMV (503) 945-5000 www.odot.state.or.us/dmv/

BUS SERVICE

C-Tran (360) 695-0123 www.c-tran.com

Greyhound (800) 231-2222 www.greyhound.com

Tri-Met (503) 238-7433 www.tri-met.org

CABLE TV & INTERNET

Verizon (888) 881-8161 www.verizon.com

XFINITY (Comcast) (800) 934-6489 www.comcast.com

CITY CONTACT

Banks (503) 324-5112 www.cityofbanks.org

Beaverton (503) 526-2222 www.ci.beaverton.or.us

Canby (503) 266-4021 www.ci.canby.or.us

RESOURCE GUIDE

CITY CONTACT CONTINUED

Cornelius (503) 357-9112 www.ci.cornelius.or.us

Damascus (503) 658-8545 www.ci.damascus.or.us

Estacada (503) 630-8270 www.cityofestacada.org

Fairview (503) 665-7929 www.ci.fairview.or.us

Forest Grove (503) 359-3200

www.ci.forest-grove.or.us

Gaston (503) 985-3340

Gladstone (503) 656-5225 www.ci.gladstone.or.us

Gresham (503) 661-3000 www.ci.gresham.or.us

Happy Valley (503) 760-3325 www.ci.happy-valley.or.us

Hillsboro (503) 681-6100 www.hillsboro-oregon.gov

King City (503) 639-4082 www.ci.king-city.or.us

Lake Oswego (503) 635-0270 www.ci.oswego.or.us

Milwaukie (503) 786-7525 www.ci.cityofmilwaukie.org

CITY CONTACT CONTINUED Molalla (503) 829-6855 www.cityofmolalla.com

North Plains (503) 647-5555 www.northplains.org

Oregon City (503) 657-0891 www.ci.orcity.or.us

Portland (503) 823-4000 www.portlandonline.com

River Grove (503) 639-6919

Sandy (503) 668-5533 www.ci.sandy.or.us

Sherwood (503) 625-5522 www.ci.sherwood.or.us

Tigard (503) 639-4171 www.ci.tigard.or.us

Troutdale (503) 665-5175 www.ci.troutdale.or.us

Tualatin (503) 692-2000 www.tualatinoregon.gov

West Linn (503) 657-0331 www.westlinnoregon.gov

Wilsonville (503) 682-1011 www.ci.wilsonville.or.us

Wood Village (503) 667-6211 www.ci.wood-village-or.us

COUNTY CONTACTS

Clackamas (503) 655-8011 www.co.clackamas.or.us Taxation (503) 655-8671

Multnomah (503) 248-3511 www.co.clackamas.or.us Taxation (503) 988-3326

Washington (503) 846-8611 www.co.clackamas.or.us Taxation (503) 846-8741

ELECTRICITY

Pacific Power (888) 221 7070 www.pacificpower.net

Portland General (800) 542-8818 www.portlandgeneral.com

HOSPITALS

Adventist Medical (503) 257-2500 www.adventisthealthnw.com

Doernbecher Children’s Hospital (503) 494-8311 www.ohsu.edu

Legacy Good Samaritan (503) 413-4683 www.legacyhealth.org

Legacy Emanuel (503) 413-2200 www.legacyhealth.org

RESOURCE GUIDE

HOSPITALS CONTINUED

Legacy Meridian Park (503) 692-1212 www.legacyhealth.org

Legacy Mt. Hood (503) 674-1122 www.legacyhealth.org

Kaiser Permanente Sunnyside (503) 813-2000 www.kaiserpermanente.org

Kaiser Permanente Westside (503) 813-2000 www.kaiserpermanente.org

OHSU (503) 494-8311 www.ohsu.edu

Providence Milwaukie (503) 513-8300 www.providence.org

Providence Portland (503) 215-1111 www.providence.org

Providence St. Vincent (503) 216-1234 www.providence.org

Providence Willamette Falls (503) 656-1631 www.providence.org

Shriner’s Hospital (503) 241-5090 www.shrinershq.org

Tuality Community (503) 681-1111 www.tuality.org

Tuality Forest Grove (503) 357-2173 www.tuality.org

NATURAL GAS

NW Natural (800) 422-4012 www.nwnatural.com

NEWSPAPERS

The Columbian (360) 694-3391 www.columbian.com

The Oregonian (503) 221-8240 www.oregonlive.com

Willamette Weekly (503) 243-2122 www.wweek.com

RECREATION

Convention Center (503) 235-7575 www.oregoncc.org

Expo Center (503) 736-5200 www.expocenter.org

Mt. Hood Meadows (503) 337-2222 www.mthoodmeadows.com

OMSI (503) 797-4000 www.omsi.edu

Oregon Zoo (503) 266-1561 www.oregonzoo.com

Portland International Raceway (503) 823-7223 www.portlandraceway.com

Portland Art Museum (503) 266-2811 www.pam.org

RESOURCE GUIDE

RECREATION CONTINUED

Providence Park (503) 553-5400 www.providenceparkpdx.com

Regal Cinemas (800) FANDANGO www.regalcinemas.com

Moda Center (503) 797-9619 www.rosequarter.com

Willamette Jetboat (503) 231-1532 www.willamettejet.com

SHOPPING

Bridgeport Village (503) 968-1704 www.bridgeport-village.com

Cedar Hills Crossing (503) 643-6563 www.cedarhillscrossing.com

Clackamas Town Center (503) 653-6913 www.clackamastowncenter.com

Columbia Gorge Outlets (503) 669-8060 www.premiumoutlets.com/ columbiagorge

Lloyd Center (503) 282-2511 www.lloydcenter.com

Mall 205 (503) 255-5805

Pioneer Place (503) 228-5800 www.pioneerplace.com

SHOPPING CONTINUED

Streets of Tanasbourne (503) 533-0561 www.streetsoftanasbourne.com

Washington Square (503) 369-8860

www.shopwashingtonsquare.com

Woodburn Outlets (888) 664-SHOP www.woodburncompanystores.com

TELEPHONE SERVICE

Verizon (800) 483-4100 www.verizon.com

AT&T (800) 288-2020 www.att.com

TRANSFER STATIONS

Metro Center (503) 234-3000

www.oregonmetro.gov 6161 NW 61st Ave. Portland, OR

Metro South (503) 234-3000 www.oregonmetro.gov 2001 Washington St. Oregon City, OR

Clackamas County (503) 668-8885 www.wmnorthwest.com 19600 SE Canyon Valley Rd. Sandy, OR

VOTER REGISTRATION

Clackamas (503) 655-8510

Multnomah (503) 248-3720

Washington (503) 846-5800

WATER BUREAU

Beaverton (503) 526-2257

Clackamas (503) 722-9220

Gladstone (503) 656-5223

Gresham (503) 618-2373

Hillsboro (503) 681-6228

Lake Oswego (503) 635-0265

Milwaukie (503) 786-7525

Oregon City (503) 657-8151

Portland (503) 823-7770

Tigard (503) 639-1554

Tualatin (503) 692-2000

West Linn (503) 656-4261

Wilsonville (503) 682-1011

CYBER SECURITY

Because of you… we obsess over cyber security!

Cyber fraud and email hacking are on the rise. Fraudsters may access individual email accounts and monitor the life of your transaction. At the time funds are due to the escrow, fraudsters intercept the information for wiring funds, and the fraudsters change the information without the knowledge of the sender or recipient, resulting in the funds being sent to an outside account and never credited to the intended party.

To protect and reduce your risk, WFG has implemented the following procedures for outgoing and incoming wires:

Outgoing Wire from WFG to seller or borrower for proceeds

In the escrow paperwork provided you will be asked to provide written instructions on how you want funds due you sent to you at the close of escrow. If you choose to have the funds sent via wire transfer, WFG will contact you by phone to confirm the wire information provided.

Incoming Wires from the buyer and/or lender to WFG bank account

For funds that are to be wired to WFG for your transaction, we will send specific wire instructions to the remitting person via an encrypted email. We recommend you reach out to your WFG contact to confirm the wire instructions prior to remittance.

We look forward to processing your escrow transaction for you. We know that this can be a stressful time and we are here to assist you in any way we can to make this a good experience.

http://national.wfgnationaltitle.com/2016/04/05/obsess-cyber-security/

OWNERS TITLE INSURANCE Why

it's important

Financially speaking, the decision to buy a home is one of the biggest decisions a person will likely ever make.

Owner’s title insurance insures that, when the purchase is closed, the buyer is the owner of and has marketable title to the property, has access to the home, and there are no liens, claims, or restrictions on the buyer’s property, other than the mortgage the buyer agrees to pay.

If the preliminary title search uncovers potential problems, a buyer can require that those problems be satisfactorily dealt with before closing on the home.

In addition, owner’s title insurance protects buyers against a myriad of risks that not even the most careful title search can uncover, including things such forged documents, undisclosed or missing heirs of a previous owner, fraud, will disputes, and unrecorded claims of many types.

Without owner’s title insurance, the legal costs to resolve such title claims could easily be in the tens of thousands of dollars and would have to be paid out of pocket by the buyer - not to mention the stress that such situations would cause to the buyer.

Owner’s title insurance is one of the most affordable insurance policies a person can ever buy. Unlike other forms of insurance, there is only a one-time fee at closing for the policy, which financially protects the buyer’s investment for as long as the buyer or the buyer’s heirs own the home.

So, if someone tells the buyer that owner’s title insurance is “optional”, that certainly does not mean that the buyer should not get it. Virtually every lender requires lender’s title insurance, but that insurance does not protect the buyer.

In order to safeguard the buyer’s investment in the property, which is possibly the most important investment the buyer will ever make, owner’s title insurance is absolutely critical.

WHAT IS ESCROW?

Understanding the Escrow Process

An escrow is an arrangement in which a neutral third party (the escrow agent) assembles and processes many of the components of a real estate transaction, records the transaction, and ultimately, disburses and distributes funds according to the buyers’, sellers’ and lenders’ instructions. Your transaction is typically closed by an Escrow Officer. People buying and selling real estate usually open an escrow for their protection and convenience. Both the buyer and seller rely on the escrow agent to carry out their written instructions relating to the transaction and to advise them if any of their instructions are not mutually consistent or cannot be carried out. If the instructions from all parties to an escrow are clearly drafted, the escrow officer can proceed on behalf of the buyer and seller without further consultation. This saves much time and facilitates the closing of the transaction.

TYPICAL ROLES IN THE CLOSING PROCESS

The Seller/Agent

Delivers a fully executed Purchase Sale Agreement to the escrow agent.

Executes the paperwork necessary to close the transaction.

The Buyer/Agent

Deposits collected funds required to close (in with the escrow agent.

Approves the commitment for title insurance, or other items as called for by the Purchase Sale Agreement.

Executes the paperwork and loan documents necessary to close the transaction.

The Escrow Agent

The Lender Clears Title

Deposits loan documents to be executed by the buyer

Deposits the loan proceeds. Directs the escrow agent of the conditions under which the loan funds may be used

Obtains title insurance

Obtains payoffs and release documents for underlying loans on the property Receives funds from the buyer and/or lender. Prepares vesting document affidavit on seller’s behalf.

Prorates insurance, taxes, rents, etc.

Prepares a final statement (often referred to as the “HUD Statement” or ”Settlement Statement”) for each party, indicating amounts paid in conjunction with the closing of your transaction. Forwards deed to the county for recording. Once the proper documents have been recorded, the escrow agent will distribute funds to the proper parties.

In Summary

Escrow is the process that assembles and processes many of the components of a real estate transaction. The sale is officially closed when the new deed is recorded and funds are available to the seller, thus transferring ownership from the seller to the buyer. The escrow agent is a neutral third party acting on behalf of the buyer and seller.

WHAT IS TITLE?

About Title Insurance

Title is a bundle of rights in real property. Protecting purchasers and lenders against loss is accomplished by the issuance of a title insurance policy. Usually, during a purchase transaction, the lender requests a policy (commonly referred to as the Lender’s Policy) while the buyers receive their own policy (commonly referred to as an Owner's Policy).

In short, the policy states that if the status of the title to a parcel of real property is other than as represented, and if the insured (either the owner or lender) suffers a loss as a result of a title defect, the insurer will reimburse the insured for that loss and any related legal expenses, up to the face amount of the policy, subject to exceptions and exclusions contained in the policy.

Typically there are two policies issued. The Mortgagee’s Policy insures the lender for the amount of the loan. The Owner’s Policy insures the purchaser of the purchase price.

How is title insurance different from other types of insurance?

While the function of most other forms of insurance is risk assumption through the pooling of risks for losses arising out of unforeseen future events (such as sickness or accidents), the primary purpose of title insurance is to eliminate risks and prevent losses caused by defects in title arising out of events that have happened in the past. To achieve this goal, title insurers perform an extensive search and examination of the public records to determine whether there are any adverse claims (title defects) attached to the subject property. Said defects/claims are either eliminated prior to the issuance of a title policy

or their existence is excepted from coverage. Your policy is issued after the closing of your new home, for a one-time nominal fee, and is good for as long as you own the property.

What’s involved in a title search? A title search is actually made up of three separate searches:

Chain of Title – History of the ownership of the subject property

Tax Search – The tax search reveals the status of the taxes and assessments

Judgment and Name Search – Searches for judgment and liens against the owners’ and purchasers’ names

Once the three searches have been completed, the file is reviewed by an examiner who determines:

Whether or not the Chain of Title shows that the party selling the property has the right to do so. The status of taxes for the subject property. The Tax Search will also indicate the existence of any special assessments against the land and whether or not these assessments are current or past due.

Whether there are any unsatisfied judgments on the Judgment and Name Search against the previous owners, sellers, or and purchasers.

Rights established by judgment decrees, unpaid federal income taxes and mechanic liens all may be prior claims on the property, ahead of the buyer’s or lender’s rights. The title search will only uncover defects in title that are of public record, thus allowing the title company to work with the seller to clear up these issues and provide the new buyer with title insurance.

In Summary

After the searches have been examined, thetitlecompanywillissueacommitment, stating the conditions under which it will insure title. The buyer, seller and the mortgage lender will proceed with the closing of the transaction after clearing up any defects in the title that have been uncovered by the search and examination.

WHO PAYS WHAT IN OREGON

SELLER PAYS

TYPICAL COSTS

The following costs generally affect all transactions:

Escrow Fee - one-half of the fee, based on title company’s fee schedule

Recording Fees - based on county fee schedule

Title Premium - based on fixed statewide fee schedule

Real Estate Commission - based on agreement with Broker

Tax Prorate - to apportion taxes between parties as of date of closing

General Costs - as listed for each specific transaction, as requested by principals

Release fees for loan payoff(s)

LAND SALE CONTRACT TRANSACTION

Attorney Fee - optional, and is sometimes shared with purchaser

Collection Escrow Setup Fee - optional, and is often shared with purchaser

ASSIGNMENT OF CONTRACT FOR ASSUMPTION OF LOAN TRANSACTION

Any delinquent payments to bring contract or loan current

Prorate share of current month’s interest based on current rate

CONVENTIONAL, FHA, VA LOAN TRANSACTIONS

Any closing cost (not expenses of property or loan interest) negotiated on behalf of the purchaser, subject to lender’s approval

FHA, VA Loans - check with lender for any applicable seller costs

BUYER PAYS

TYPICAL COSTS

The following costs generally affect all transactions:

Escrow Fee - one-half of the fee, based on title company’s fee schedule

Recording Fees - based on county fee schedule

Fire Insurance Premium - mandatory when any lender is involved, including the seller’s lender

Tax Prorate - to apportion taxes between parties as of date of closing

General Costs - as listed for each specific transaction, as requested by the principals

LAND SALE CONTRACT TRANSACTION

Attorney Fee - optional, and is sometimes shared with seller

Collection Escrow Setup Fee - optional, and is sometimes shared with seller

Recording Fee - for contract or memorandum thereof

ASSIGNMENT OF CONTRACT FOR ASSUMPTION OF LOAN TRANSACTION

Assumption or Assignment

Next monthly payment due, if required by lender

Recording Fee - for Assumption/Assignment of Agreement, if required by lender

CONVENTIONAL, FHA, VA LOAN TRANSACTIONS

Lenders title insurance policy & endorsements, as required by lender

Loan Fee - as required by lender

Credit Report Fee - as required by lender

Appraisal Fee - as required by lender

Mortgage Insurance Premium - based on fee schedule and endorsements of lender

Prepaid Interest - if required by lender

VA Loans only - funding fee, if required by lender

FHA, VA, and some Conventional Loans - reserves for real property taxes, fire insurance and mortgage insurance

TITLE VESTING Common ways to hold title to real property

AS AN INDIVIDUAL

An individual may hold title in his or her name only, regardless of whether or not married – e.g. “Jane Smith, an individual”. That individual then owns all rights to the property, which can be sold or transferred to others via will or trust. While a divorce is pending, however, if the property was acquired during the marriage it will likely be treated as part of the marital estate and thus be subject to court authority.

AS TENANTS BY THE ENTIRETY

A conveyance to a husband and wife creates a tenancy by the entirety – e.g. “John Smith and Jane Smith, husband and wife, as tenants by the entirety”. This creates a survivorship estate, which means that if one spouse dies, his/her interest will automatically go to the surviving spouse. A husband and wife may also take title as tenants in common (discussed below) if the intention to hold title in that manner is expressly stated.

AS TENANTS IN COMMON

Unless a conveyance expressly provides that the parties intend to create a survivorship estate (discussed below), a conveyance to two or more persons who are not married creates a tenancy in common in which each has (unless otherwise stated) an equal undivided interest in the property – e.g. “John Smith and Robert Jones, as tenants in common, each as to an undivided 50% interest”. Each tenant in common then owns an undivided interest in the entire property, which can be sold or transferred to others via will or trust.

AS A SURVIVORSHIP ESTATE

Two or more persons who are not married may also hold title as tenants in common with a right of survivorship, as long as the survivorship declaration is expressly contained in the deed – e.g. “John Smith and Robert Jones, not as tenants in common, but with the right of survivorship”. This creates a survivorship estate, which means that if one party dies, his/her interest will automatically go to the survivor and cannot be sold during the lifetime of or transferred via will or trust by the party who dies first.

AS REGISTERED DOMESTIC PARTNERS

Registered domestic partners may take title as (i) tenants in common– e.g. “Jane Smith and Mary Jones, registered domestic partners, as tenants in common, each as to an undivided 50% interest”, or (ii) in a survivorship estate similar to that of a tenancy by the entirety – e.g. “Jane Smith and Mary Jones, as registered domestic partners with right of survivorship”.

AS A SAME SEX MARRIED COUPLE

Same sex married couples may take title as (i) tenants in common – e.g. “John Smith and Robert Smith, a married couple, as tenants in common, each as to an undivided 50% interest”, or (ii) in a survivorship estate similar to that of a tenancy by the entirety – e.g. John Smith and Robert Smith, a married couple with right of survivorship, or (iii) as tenants by the entirety – e.g. “John Smith and Robert Smith, a married couple, as tenants by the entirety”.

AS AN ENTITY

A registered entity, such as a corporation, limited liability company or partnership, may hold title. Title should be held exactly as the name is registered with the Oregon Secretary of State – e.g. “Smith & Jones, LLC, an Oregon limited liability company”.

ADMINISTRATIVE

12909 SW 68th Pkwy. Ste. 350 Portland, OR 97223 503-431-8500

CLACKAMAS

9200 SE Sunnybrook Blvd. Ste. 350 Clackamas, OR 97015 503-353-9975

LAKE OSWEGO

5885 Meadows Rd. Ste. 130 Lake Oswego, OR 97035 503-624-4900

LLOYD/COMMERCIAL

NW PORTLAND 25 NW 23rd Pl. Ste. 1 Portland, OR 97210 503-219-9088

BETHANY 1500 NW Bethany Blvd. Ste. 155 Beaverton, OR 97006 503-850-3990

DOWNTOWN VANCOUVER 2001 SE Columbia River Dr Ste. 100 Vancouver, WA 98661 360-314-0300

SALMON CREEK

2105 NE 129th St. Ste. 107 Vancouver, WA 98686 360-314-1818

VANCOUVER MALL

Ste. 2 0 Vancouver, WA 98662 360-891-5454

EAST VANCOUVER 2004 SE 192nd Ave. Ste. 100 Vancouver, WA 98683 360-356-9990 1 2 3 5 6 7 8 9 4 10

700 NE Multnomah St. Ste. 190 Portland, OR 97232 503-230-8488

Altos Market Report

WFG's My Home

Talking House Tent Cards

CC&R's (if applicable)

The information contained is provided by WFG’s Customer Service Department to our customers, and while deemed reliable, is not guaranteed.

Portland, OR 97229

REPORT FOR 4/17/2025

Single-Family Homes

This week the median list price for Portland, OR 97229 is $898,500 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 200.

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median List Price

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Segments

In the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels.

Price Per Square Foot

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

Market Action Index

Not surprisingly, all segments in this zip code are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the highend) will weaken before the rest of the market and signal a slowdown for the whole group.

Median Days on Market (DOM)

The properties have been on the market for an average of 103 days. Half of the listings have come newly on the market in the past 59 or so days. Watch the 90-day DOM trend for signals of a changing market.