SCAN HERE
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1728 NW RIVERSCAPE ST
PORTLAND, OR 97209
OWNER INFORMATION
OWNER NAME: Elizabeth & Andrew Martin
VESTING:
MAILING ADDRESS: 1728 NW Riverscape St Portland OR 97209
OWNER STATUS: Owner occupied
LOCATION DESCRIPTION
COUNTY: Multnomah
CENSUS / BLOCK: 004500 / 1050
TSP - RNG - SEC: 01N - 01E - 28
LOT / BLOCK: 91 /
HOUSING TRACT: Riverfront Place Condominium
ALT PARCEL #: R708820150
SCHOOL DISTRICT: Portland
MUNICIPALITY: Portland PARCEL #: R643866
1728 NW RIVERSCAPE ST PORTLAND, OR 97209
GROSS AREA: 1,493
LIVING AREA:
ABOVE GRADE:
BEDROOMS:
BATHROOMS (F/H): 2 / 1
FIREPLACE: 1
YEAR BUILT: 2011
PARKING TYPE: Built-In
UNITS:
BASEMENT: 150
GARAGE AREA: 437
ROOF SHAPE:
FOUNDATION: Concrete
ROOF MATERIAL: Built Up
CONSTRUCTIONS:
HEAT TYPE: Heat Pump
COOLING TYPE:
EXTERIOR WALL:
ROOMS:
QUALITY:
INTERIOR WALL:
PORCH TYPE:
PATIO TYPE:
AIR COND:
FIXTURES:
FLOOR:
EQUIPMENT:
STORIES: 2
POOL:
CONDITION:
LAND USE: Residential, Residential, Condo
ZONING: Central Residential
COUNTY USE: Residential Condo
LOT ACRES: 0
STATE USE:
LOT SQ FT: LEN / WID:
ASSD YEAR: 2023
ASSD VALUE: $388,600
TAXABLE VAL:
TAX YEAR: 2023
LAND VALUE:
MKT VALUE: $578,780
TAX AREA: 708
IMP VALUE: $578,780
EXEMPTIONS:
PROPERTY TAX: $10,146.22
IMPROVED %: 100
DISTRICT:
NAME: Childpeace Montessori School
ADDRESS: 1516 Nw Thurman St
CHARTER SCHOOL:
SCHOOL: CITY, STATE, ZIP: Portland, OR 97209
PHONE:
GRADES: Prekindergarten - 8th grade
NAME: Chapman Elementary School
ADDRESS: 1445 Nw 26Th Ave
CITY, STATE, ZIP: Portland, OR 97210
PHONE: (503)916-6295
GRADES: Kindergarten - 5th Grade
NAME: West Sylvan Middle School
ADDRESS: 8111 Sw West Slope Dr
DESCRIPTION: 11-City: Large
0.25 mile(s)
TITLE ONE:
CHARTER SCHOOL: No
DESCRIPTION: 11-City: Large
0.93 mile(s)
ONE: 2-No
CHARTER SCHOOL: No
MAGNET SCHOOL:
CITY, STATE, ZIP: Portland, OR 97225 AREA DESCRIPTION: 13-City: Small
PHONE: (503)916-5690 DISTANCE: 4 23 mile(s)
GRADES: 6th Grade - 8th Grade TITLE ONE: 2-No
NAME: Harriet Tubman Middle School
ADDRESS: 2231 N Flint
CITY, STATE, ZIP: Portland, OR 97227
PHONE: (503)916-5630
GRADES: 6th Grade - 8th Grade
NAME: Lincoln High School
CHARTER SCHOOL: No
0.94 mile(s)
CHARTER SCHOOL: No
ADDRESS: 1750 Sw Salmon St. MAGNET SCHOOL: CITY, STATE, ZIP: Portland, OR 97205
PHONE: (503)916-5200
GRADES: 9th Grade - 12th Grade
NAME: Jefferson High School
ADDRESS: 5210 N Kerby Ave
DESCRIPTION: 11-City: Large
CHARTER SCHOOL: No
SCHOOL: CITY, STATE, ZIP: Portland, OR 97217
DESCRIPTION: 11-City: Large
PHONE: (503)916-5180 DISTANCE: 1 69 mile(s)
GRADES: 9th Grade - 12th Grade
ONE: 2-No
Students We Serve
SUPERINTENDENT: Guadalupe Guerrero | 501 N Dixon St, Portland 97227 | 503-916-2000
Academic Success
Students
Grade 3 ENGLISH LANGUAGE ARTS
Students
Grade 8 MATHEMATICS
Students
Students earning a
At Portland Public Schools, our goals are to provide safe, student-centered learning experiences by utilizing differentiated teaching and tools for the success of all students. We collaborate to support a primary focus on teaching and learning and the creation of dynamic, joyful learning environments. We strive to engage all students, their families and the community at large. We are fundamentally committed to social justice and to closing student achievement gaps.
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% on-time, four year graduation rate by 2027. To progress toward this goal, the state will prioritize efforts to improve attendance, provide a wellrounded education, invest in implementing culturally responsive practices, and promote continuous improvement to close opportunity and achievement gaps for historically and currently underserved students.
204 Administrators
2,726 Teachers 677
Students We Serve
PRINCIPAL: Pamela Van Der Wolf | GRADES: K-5 | 1445 NW 26th Ave, Portland 97210 | 503-916-6295
Students
Our focus is on literacy and math fluency, with the aim of refining our instructional strategies and providing all students with the skills they need to be ready to succeed in college and careers. We strive to provide a welcoming environment and equitable opportunities for students of all races, genders, and home languages. We encourage you to contact us with any questions, concerns, or information that will help us ensure success for your students.
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% ontime, four year graduation rate by 2027. To progress toward this goal, the state will prioritize efforts to improve attendance, provide a well-rounded education, invest in implementing culturally responsive practices, and promote continuous improvement to close opportunity and achievement gaps for historically and currently underserved students.
We work hard to make our school a place where all students and families feel welcome and included. We celebrate our community’s diversity and we honor this diversity in our learning activities. We understand how important it is to keep our students feeling safe, both physically and emotionally, when they are with us.
Teachers
assistants
Portland Public Schools has created policies to help our schools provide safe environments for every student. This includes teaching students and staff about bullying and harassment, and providing methods to report and respond to any of these incidents. We have a PPS threat assessment team to help address reports of safety concerns. We also support the district-wide implementation of Positive Behavioral Interventions and Supports (PBIS), and Restorative Justice practices through our Multi-tiered System of Supports (MTSS) department.
Our school offers a variety of extracurricular activities. Check our website for details about specific activities.
Our school offers several meetings each year where we invite families to attend. The meetings are to discover what your children are learning at school, to see examples of their good work, and to learn ways that you can help them succeed at school. We will inform you of these school events and celebrations through our newsletters and other media. Please check our website for details about these events.
We appreciate our community neighbors and want them to feel welcome to join us in supporting the success of our students. Please contact us if you and your community organization are interested in providing support, and we will be happy to talk with you about options.
Students We
PRINCIPAL: Jill Hunt | GRADES: 6-8 | 8111 SW West Slope Dr, Portland 97225 | 503-916-5690
Students
Our focus is on literacy and math fluency, with the aim of refining our instructional strategies and providing all students with the skills they need to be ready to succeed in college and careers. We strive to provide a welcoming environment and equitable opportunities for students of all races, genders, and home languages. We encourage you to contact us with any questions, concerns, or information that will help us ensure success for your students.
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% ontime, four year graduation rate by 2027. To progress toward this goal, the state will prioritize efforts to improve attendance, provide a well-rounded education, invest in implementing culturally responsive practices, and promote continuous improvement to close opportunity and achievement gaps for historically and currently underserved students.
We work hard to make our school a place where all students and families feel welcome and included. We celebrate our community’s diversity and we honor this diversity in our learning activities. We understand how important it is to keep our students feeling safe, both physically and emotionally, when they are with us.
Portland Public Schools has created policies to help our schools provide safe environments for every student. This includes teaching students and staff about bullying and harassment, and providing methods to report and respond to any of these incidents. We have a PPS threat assessment team to help address reports of safety concerns. We also support the district-wide implementation of Positive Behavioral Interventions and Supports (PBIS), and Restorative Justice practices through our Multi-tiered System of Supports (MTSS) department.
Our school offers a variety of extracurricular activities. Check our website for details about specific activities.
Our school offers several meetings each year where we invite families to attend. The meetings are to discover what your children are learning at school, to see examples of their good work, and to learn ways that you can help them succeed at school. We will inform you of these school events and celebrations through our newsletters and other media. Please check our website for details about these events.
We appreciate our community neighbors and want them to feel welcome to join us in supporting the success of our students. Please contact us if you and your community organization are interested in providing support, and we will be happy to talk with you about options.
Students We Serve
PRINCIPAL: Peyton Chapman | GRADES: 9-12 | 1750 SW Salmon St., Portland 97205 | 503-916-5200
Students
Students
Students
in 2018-19 graduating in 2021-22
Students earning a high school diploma or GED within five years. Cohort Includes students who were firsttime ninth graders in 2017-18 finishing in 2021-22
Students enrolling in a two or four year college within 16 months of completing high school in 202021. Data from the National Student Clearinghouse.
from
Our focus is on literacy and math fluency, with the aim of refining our instructional strategies and providing all students with the skills they need to be ready to succeed in college and careers. We strive to provide a welcoming environment and equitable opportunities for students of all races, genders, and home languages. We encourage you to contact us with any questions, concerns, or information that will help us ensure success for your students.
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% ontime, four year graduation rate by 2027. To progress toward this goal, the state will prioritize efforts to improve attendance, provide a well-rounded education, invest in implementing culturally responsive practices, and promote continuous improvement to close opportunity and achievement gaps for historically and currently underserved students.
We work hard to make our school a place where all students and families feel welcome and included. We celebrate our community’s diversity and we honor this diversity in our learning activities. We understand how important it is to keep our students feeling safe, both physically and emotionally, when they are with us.
Most high schools in Portland Public Schools offer Advanced Placement or International Baccalaureate courses in several subject areas. In addition, students have the option to earn college credit for some classes.
District-wide we have 60 state-approved CTE programs of study. Career clusters include Architecture and Construction, Health Services, Information Technology, Manufacturing, and others. As part of these programs, we facilitate career learning experiences for students such as guest speakers, field trips, job shadows, etc. Visit our CTE web page for additional information: https://www.pps.net/Domain/190
Our school offers a variety of extracurricular activities. Check our website for details about specific activities.
Our school offers several meetings each year where we invite families to attend. The meetings are to discover what your children are learning at school, to see examples of their good work, and to learn ways that you can help them succeed at school. We will inform you of these school events and celebrations through our newsletters and other media. Please check our website for details about these events. We appreciate our community neighbors and want them to feel welcome to join us in supporting the success of our students.
652,503 $40,146 35 49.54% 50.46%
Portland
David Douglas
Reynolds
Centennial
Parkrose
Riverdale
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
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
Roamers Rest RV Park 17585 SW Pacific Hwy, Tualatin, OR 97062, USA (503) 692-6350 715 miles
Reeder Beach RV Park & Country Store 26048 NW Reeder Rd, Portland, OR 97231, USA (503) 621-3970
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
City of Portland Sewer District (503)823-7770 www.portlandoregon.gov/bes/
City of Portland Water District (503)823-7770 www.portlandoregon.gov/water/
Arrow Sanitary (503)257-3993 www.arrowsanitaryservice.com
Portland School District (503)916-2000 www.pps.k12.or.us
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 $100 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
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
wwworegondmvcom/oregon/indexhtm
General DMV Information Contact: 503-299-9999
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
UTILITIES
Electric
NWNaturalGas
WaterDistrict
SewerDistrict
GarbageProvider
Cable/Satellite
Fuel(Propane)
PhoneServices
Internet
BanksandCreditUnions
CreditCardCompanies (includingdepartmentstorecreditcards)
Lenders
(Mortgage,HomeEquity,Auto,StudentLoans)
InsuranceCompanies
(Health,Renters,Auto,Home,Medical,Dental,Disability,Life)
Retirement (Pensionplans,401K,SocialSecurity,VeteransAffairs)
Investments(InvestmentAgenciesandBrokers)
OnlineBillPayer
Paypal
USPostOffice
DepartmentofMotorVehicles
(Obtainyourdriver’slicenseandchangevehicleregistration)
IRS
PassportOffice
VeteranAffairs
UnemploymentOffice
(Ifyouarecurrentlyreceivingunemploymentbenefits)
Physician
Pharmacies
Childcare
Housecleaning Services
Delivery Services
Lawn Care Services
Veterinarian
Pool Service
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
Friends and Family
Employers(typically notify the HR Department)
8 WEEK BEFORE YOU MOVE
InventorySheets:Createaninventorysheetofallyour belongingswhichneedtobemoved
ResearchMovingOptions:You’llneedtodecideifyoursisa do-it-yourselfmoveorifyou’llbeusingamovingcompany
RequestMovingQuote:Solicitmovingquotesfromasmany movingcompaniesandmoversaspossible Therecanbea largedifferencebetweenratesandserviceswithinmoving companies
DiscardUnnecessaryItems:Movingisagreattimefor riddingyourselfofunnecessaryitems Haveayardsaleor donateunnecessaryitemstocharity
PackingMaterial:Gathermovingboxesandpacking materialforyourmove
ContactInsuranceCompanies:You’llneedtocontactyour insuranceagenttocancel/transferyourinsurancepolicy
YourChangeofAddress:Changeyouraddresswiththe USPS,DMV,FinancialInstitutions,Utilities,Government Offices,HealthCareServiceProviders,Memberships, SubscriptionsandInsuranceProvisions
BankAccounts:Transferorclosebankaccountsifchanging banks Makesuretohaveamoneyorderforpayingthe movingcompany
ServiceAutomobiles:Ifautomobilesaretobedrivenlong distance,you’llwanttohavethemservicedsoyouhavea trouble-freedrive
CancelServices:Notifyanyremainingserviceproviders (newspapers,lawnservices,etc)ofyourmove
TravelItems:Setasideallitemsyou’llneedwhiletraveling Makesurethesearenotpackedonthemovingtruck
ContactUtilityCompanies:Setutilityturnoffdate,seek refundsanddepositsandnotifythemofyournewaddress
4 WEEK BEFORE YOU MOVE
StartPacking:Beginpackingallthingsdestinedforyournew location
ObtainYourMedicalRecords:Contactyourdoctor,physician, dentistandothermedicalspecialistswhomaycurrentlybe retaininganyofyourfamily’smedicalrecords Obtainthese recordsormakeplansforthemtobedeliveredtoyournew medicalfacilitiesifchanging Securityiscriticalofpersonal records
NoteFoodInventoryLevels:Checkyourcupboards, refrigeratorandfreezer Useupasmuchofyourperishable foodaspossible
SmallEngines:Servicesmallenginesforyourmoveby extractinggasandoilfromthemachines Thiswillreduce thatchancetocatchfireduringyourmove
ProtectJewelryandValuables:Transferyourjewelryand valuablestoasafetydepositbox;youdon’twantthemtobe lostorstolenduringyourmove
BorrowedandRentedItems:Returnitemsthatyoumay haveborrowedorrented Collectitemsborrowedtoothers
PlanYourItinerary:Makeplanstospendtheentiredayat thehouseoratleastuntilthemoversareontheirway
Someonewillneedtobearoundtomakedecisions Make plansforkidsandpetstobeatasittersfortheday
ReviewtheHouse:Oncethehouseisempty,checkthe entirehouse(closets,attic,basement,etc)toensureno itemsareleftornohomeissuesexist
DoubleCheckWithYourMover:Ensurethemoverhasthe newpropertyaddressandallofyourmostrecentcontact information,shouldtheyhaveanyquestionsduringyour move
VacateYourHome:Makesureutilitiesareoff,doorsand windowsarelockedandnotifyyourrealestateagentyou’ve vacatedtheproperty
QuestionsToAsk:Whereisthegaragedooropener?Where arethekeystothehouse,mailboxandotherlockablearea? Didyouretrieveallkeysfromneighborsandfriends?
THE HOME DEPOT
(800) 466-3337 wwwhomedepotcom
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
THE HOME DEPOT CONTINUED
Troutdale (503) 674-3944
25101 SE Stark St Troutdale, OR 97060
LOWES (800) 466-3337 wwwlowescom
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 locatorgoodwillorg
The Salvation Army (800) 958-7825 wwwsalvationarmyusaorg
Value Village (800) 958-7825 wwwvaluevillagecom
MOVING TRUCK RENTALS
Budget (800) 462-8343 wwwbudgettruckcom
Penske (888) 996-5415 wwwpensketruckrentalcom
Ryder (800) 297-9337 wwwrydercom
U-Haul (800) 468-4285 wwwuhaulcom
STORAGE COMPANIES
NW Self Storage wwwnwselfstorage
Public Storage (800) 906-0879 wwwpublicstoragecom
Pods (888) 309-8967 wwwpodscom
TRANSFER STATIONS Garbage/Recycling
Metro Center (503) 234-3000
wwworegonmetrogov 6161 NW 61st Ave Portland, OR 97210
Metro South (503) 234-3000
wwworegonmetrogov
2001 Washington St Oregon City, OR 97045
Portland International Airport (877) 793-4690 www.flypdx.com
DMV (503) 945-5000 wwwodotstateorus/dmv/
BUS SERVICE
C-Tran (360) 695-0123 wwwc-trancom
Greyhound (800) 231-2222 wwwgreyhoundcom
Tri-Met (503) 238-7433 wwwtri-metorg
CABLE TV & INTERNET
Verizon (888) 881-8161 wwwverizoncom
XFINITY (Comcast) (800) 934-6489 wwwcomcastcom
CITY CONTACT
Banks (503) 324-5112 www.cityofbanks.org
Beaverton (503) 526-2222 wwwcibeavertonorus
Canby (503) 266-4021 wwwcicanbyorus
CITY CONTACT CONTINUED
Cornelius (503) 357-9112 www.ci.cornelius.or.us
Damascus (503) 658-8545
wwwcidamascusorus
Estacada (503) 630-8270 wwwcityofestacadaorg
Fairview (503) 665-7929
wwwcifairvieworus
Forest Grove (503) 359-3200 wwwciforest-groveorus
Gaston (503) 985-3340
Gladstone (503) 656-5225 wwwcigladstoneorus
Gresham (503) 661-3000 wwwcigreshamorus
Happy Valley (503) 760-3325 wwwcihappy-valleyorus
Hillsboro (503) 681-6100 wwwhillsboro-oregongov
King City (503) 639-4082
www.ci.king-city.or.us
Lake Oswego (503) 635-0270 wwwcioswegoorus
Milwaukie (503) 786-7525 wwwcicityofmilwaukieorg
CITY CONTACT CONTINUED
Molalla (503) 829-6855 wwwcityofmolallacom
North Plains (503) 647-5555 wwwnorthplainsorg
Oregon City (503) 657-0891 wwwciorcityorus
Portland (503) 823-4000 wwwportlandonlinecom
River Grove (503) 639-6919
Sandy (503) 668-5533 wwwcisandyorus
Sherwood (503) 625-5522 wwwcisherwoodorus
Tigard (503) 639-4171 wwwcitigardorus
Troutdale (503) 665-5175 wwwcitroutdaleorus
Tualatin (503) 692-2000 www.tualatinoregon.gov
West Linn (503) 657-0331 wwwwestlinnoregongov
Wilsonville (503) 682-1011 wwwciwilsonvilleorus
Wood Village (503) 667-6211 wwwciwood-village-orus
COUNTY CONTACTS
Clackamas (503) 655-8011 www.co.clackamas.or.us Taxation (503) 655-8671
Multnomah (503) 248-3511 wwwcoclackamasorus Taxation (503) 988-3326
Washington (503) 846-8611 wwwcoclackamasorus Taxation (503) 846-8741
Pacific Power (888) 221 7070 wwwpacificpowernet
Portland General (800) 542-8818 wwwportlandgeneralcom
HOSPITALS
Adventist Medical (503) 257-2500 wwwadventisthealthnwcom
Doernbecher Children’s Hospital (503) 494-8311 wwwohsuedu
Legacy Good Samaritan (503) 413-4683 wwwlegacyhealthorg
Legacy Emanuel (503) 413-2200 www.legacyhealth.org
HOSPITALS CONTINUED
Legacy Meridian Park (503) 692-1212 www.legacyhealth.org
Legacy Mt Hood (503) 674-1122 wwwlegacyhealthorg
Kaiser Permanente Sunnyside (503) 813-2000 wwwkaiserpermanenteorg
Kaiser Permanente Westside (503) 813-2000 wwwkaiserpermanenteorg
OHSU (503) 494-8311 wwwohsuedu
Providence Milwaukie (503) 513-8300 wwwprovidenceorg
Providence Portland (503) 215-1111 www.providence.org
Providence St Vincent (503) 216-1234 wwwprovidenceorg
Providence Willamette Falls (503) 656-1631 wwwprovidenceorg
Shriner’s Hospital (503) 241-5090 wwwshrinershqorg
Tuality Community (503) 681-1111 wwwtualityorg
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 wwwcolumbiancom
The Oregonian (503) 221-8240 wwworegonlivecom
Willamette Weekly (503) 243-2122 wwwwweekcom
RECREATION
Convention Center (503) 235-7575 wwworegonccorg
Expo Center (503) 736-5200 wwwexpocenterorg
Mt Hood Meadows (503) 337-2222 wwwmthoodmeadowscom
OMSI (503) 797-4000 www.omsi.edu
Oregon Zoo (503) 266-1561 wwworegonzoocom
Portland International Raceway (503) 823-7223 wwwportlandracewaycom
Portland Art Museum (503) 266-2811 wwwpamorg
RECREATION CONTINUED
Providence Park (503) 553-5400 www.providenceparkpdx.com
Regal Cinemas (800) FANDANGO wwwregalcinemascom
Moda Center (503) 797-9619 wwwrosequartercom
Willamette Jetboat (503) 231-1532 wwwwillamettejetcom
Bridgeport Village (503) 968-1704 www.bridgeport-village.com
Cedar Hills Crossing (503) 643-6563 wwwcedarhillscrossingcom
Clackamas Town Center (503) 653-6913 wwwclackamastowncentercom
Columbia Gorge Outlets (503) 669-8060 wwwpremiumoutletscom/ columbiagorge
Lloyd Center (503) 282-2511 wwwlloydcentercom
Mall 205 (503) 255-5805
Pioneer Place (503) 228-5800 wwwpioneerplacecom
SHOPPING CONTINUED
Streets of Tanasbourne (503) 533-0561 www.streetsoftanasbourne.com
Washington Square (503) 369-8860 wwwshopwashingtonsquarecom
Woodburn Outlets (888) 664-SHOP wwwwoodburncompanystorescom
Verizon (800) 483-4100 wwwverizoncom
AT&T (800) 288-2020 www.att.com
Metro Center (503) 234-3000
wwworegonmetrogov 6161 NW 61st Ave Portland, OR
Metro South (503) 234-3000 wwworegonmetrogov 2001 Washington St Oregon City, OR
Clackamas County (503) 668-8885 wwwwmnorthwestcom 19600 SE Canyon Valley Rd. Sandy, OR
VOTER REGISTRATION
Clackamas (503) 655-8510
Multnomah (503) 248-3720
Washington (503) 846-5800
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
g p , g 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://nationalwfgnationaltitlecom/2016/04/05/obsess-cyber-security/
claims, or restrictions on the buyers 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.
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.
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 Lender
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
The Escrow Agent
Clears Title
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
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.
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
After the searches have been examined, the title company will issue a commitment, 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
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
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
Anindividualmayholdtitleinhisorhernameonly,regardlessofwhetherornotmarried–eg “JaneSmith,an individual” Thatindividualthenownsallrightstotheproperty,whichcanbesoldortransferredtoothersviawill ortrust Whileadivorceispending,however,ifthepropertywasacquiredduringthemarriageitwilllikelybe treatedaspartofthemaritalestateandthusbesubjecttocourtauthority.
Aconveyancetoahusbandandwifecreatesatenancybytheentirety–eg “JohnSmithandJaneSmith, husbandandwife,astenantsbytheentirety” Thiscreatesasurvivorshipestate,whichmeansthatifonespouse dies,his/herinterestwillautomaticallygotothesurvivingspouse.Ahusbandandwifemayalsotaketitleas tenantsincommon(discussedbelow)iftheintentiontoholdtitleinthatmannerisexpresslystated
Unlessaconveyanceexpresslyprovidesthatthepartiesintendtocreateasurvivorshipestate(discussedbelow), aconveyancetotwoormorepersonswhoarenotmarriedcreatesatenancyincommoninwhicheachhas (unlessotherwisestated)anequalundividedinterestintheproperty–eg “JohnSmithandRobertJones,as tenantsincommon,eachastoanundivided50%interest” Eachtenantincommonthenownsanundivided interestintheentireproperty,whichcanbesoldortransferredtoothersviawillortrust
Twoormorepersonswhoarenotmarriedmayalsoholdtitleastenantsincommonwitharightofsurvivorship, aslongasthesurvivorshipdeclarationisexpresslycontainedinthedeed–eg “JohnSmithandRobertJones, notastenantsincommon,butwiththerightofsurvivorship” Thiscreatesasurvivorshipestate,whichmeans thatifonepartydies,his/herinterestwillautomaticallygotothesurvivorandcannotbesoldduringthelifetime ofortransferredviawillortrustbythepartywhodiesfirst
Registereddomesticpartnersmaytaketitleas(i)tenantsincommon–e.g.“JaneSmithandMaryJones, registereddomesticpartners,astenantsincommon,eachastoanundivided50%interest”,or(ii)ina survivorshipestatesimilartothatofatenancybytheentirety–eg “JaneSmithandMaryJones,asregistered domesticpartnerswithrightofsurvivorship”
Samesexmarriedcouplesmaytaketitleas(i)tenantsincommon–eg “JohnSmithandRobertSmith,a marriedcouple,astenantsincommon,eachastoanundivided50%interest”,or(ii)inasurvivorshipestate similartothatofatenancybytheentirety–eg JohnSmithandRobertSmith,amarriedcouplewithrightof survivorship,or(iii)astenantsbytheentirety–eg “JohnSmithandRobertSmith,amarriedcouple,astenants bytheentirety”.
Aregisteredentity,suchasacorporation,limitedliabilitycompanyorpartnership,mayholdtitle Titleshouldbe heldexactlyasthenameisregisteredwiththeOregonSecretaryofState–e.g.“Smith&Jones,LLC,anOregon limitedliabilitycompany”
DISCLAIMER–Theforegoingcontainsinformationalexamplesonlyandisnottobeconstruedaslegaladvice Giventhecomplexitiesinvolvedinacquiringandholding legaltitletorealproperty,WFGstronglyrecommendsthatyouseeklegaladvicefromanattorneypriortodoingso
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
5101 NE 82nd Ave. Ste 240 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
Your Local Market Report
Portland, OR
REPORT FOR 9/10/2024
Single-Family Homes
This week the median list price for Portland, OR is $659,995 with the market action index hovering around 41. This is less than last month's market action index of 43 Inventory has decreased to 1,472
This answers “How’s the Market?” by comparing rate of sales versus inventory
Profile Median List Price
Price of New Listings $575,000
Square Foot $321
Days on Market 92
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
Slight Seller's Advantage
Each segment below represents approximately 25% of the market ordered by price.
The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
$750K
$700K
Prices 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.
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.
7-Day Average 90-Day Average
Inventory
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.
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.
Not surprisingly, all segments in the market 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 high-end) will weaken before the rest of the market and signal a slowdown for the whole group.
The properties have been on the market for an average of 81 days. Half of the listings have come newly on the market in the past 46 or so days. Watch the 90-day DOM trend for signals of a changing market.
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
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TRANSACTION CLOSED
GATHER UP
SIGNING SCHEDULED
CLOSE TO SIGNING
TITLE CLEARED
UPDATER INVITATION
TITLE REPORT DELIVERED
TRANSACTION STARTED
MIDPOINT FEEDBACK
EARNEST MONEY