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Home My WebLink AboutLW12-213 - Other - Curtis Lang Homes, Inc. - Ramstead Point Short Plat Final HUD-1 Closing Statement - 10/24/2012 R Residential Escrow, Inc. E24909 104th Ave SE#100A • Kent, WA 98030 (253)859-5777 or(425)451-4309 FAX (253)859-0375 _ I v ED January 31, 2013 FEB 42013 City of Kent Suzette Cooke,Mayor Office of the Mayor 220 4th Ave S Kent,WA 98032 RE- Escrow No.: 25304-NM Property Address: Lots 6 & 8,City Of Kent SP 2002-23 Kent,WA 98030 Dear Suzette Cooke,Mayor: We are pleased to inform you that the above referenced escrow was closed on January 30, 2013 and we enclose the following for your records Our Check in the amount of$198,520.09 representing your proceeds (wire transfer) x Final HUD-1/Closing Statement. Any documents to which you are entitled will be forwarded to you directly from the appropriate governing party. We hope this transaction has been handled to your satisfaction, and that we may serve you again in the future Sincerely, Residential Escrow,Inc. Marilyn Hovey President, DEO, LPO j OMB No 2502-0265 FINAL i'' B TYPE OF LOAN A SETTLEMENT STATEMENT (HUD-1) 1 n FHA 2 n FHMA 3 LI CONV UNINS 4 I VA 5 CONV INS 6 FILE NUMBER 7 LOAN NUMBER 25304-MH RC14816 8 MORTGAGE INS CASE NO C NOTE This form is famished to give you a statement of actual settlement costs Amounts paid to and by the settlement agent are sboN Items marked"(p o c)"were paid outside the closing,they are shown here for informational purposes and are not included in IV total D NAME&ADDRESS Curtis Lang Custom Homes,Inc tedko OF BORROWER 27203 216th Avenue SE#5.Maple Valley, WA 98038 E NAME&ADDRESS City of Kent OF SELLER 226 4th Ave S,Kent,WA 98032 Sd F NAME&.ADDRESS HomeStreet Bank OH LENDER 601 Union St 91900, Seattle,WA 98101 G PROPERTY LOCATION Lots 6&8 City Of Kent SP 2002-23,Kent, WA 98030 eta H SETTLEMENT AGENT Residential Escrow, Inc PLACE OF SET ILEMENT 24909 104th Ave SE 4100A Kent, WA 98030 253 859 5777 I SE7 I LEMENT DA I L 1/30/2013 DISBU S�EMFNT DATE 1/30/2013 J. Summary of Borrower's Transaction K. Su m ry of Seller's Transaction 100.Gross Amount Due From Borrower: 400 Gross Amount Due o Seller. 101 Contract sales price 401 C( 200,000 00 102 Personal property 402 Personal property 103 Settlement charges to borrower (line 1400) 403 104 404 105 405 Adjustments For Items Paid By Seller In Advance: Adjustments For Items Paid By Seller In Advance: 106 City/town taxes to 406 City/town taxes to 107 County taxes to 407 County taxes to 108 Assessments to 408 Assessments to 109 409 110 410 111 411 112 412 113 413 114 414 115 415 116 416 120.Gross Amount Due From Borrower: 420.Gross Amount Due To Seller: 200,000 00 200.Amounts Paid By Or In Behalf Of Borrower- 500.Reductions In Amount Due To Seller: 201 Deposit or earnest money 501 Excess deposit(see instructions) 202 Principal amount of new loan(s) 502 Settlement charges to seller(line 1400) 1,47825 203 Existing loan(s)taken subject to 503 Existing loan(s)taken subject to 204 504 Payott IstMtg Ln 205 505 Payoff 2nd Mtg Ln 206 506 207 507 208 508 209 509 Adjustments For Items Unpaid By Seller: Adjustments For Items Unpaid By Seller: 210 Cityltown taxes to 510 City/town taxes to 211 County taxes to 511 County taxes to 212 Assessments to 512 Assessments to 213 513 Lot Prop Tax 12/31/2012to 1130/2013 083 214 514 Lot 8 Prop Tax 12,31/2012 to 1,30/2013 083 215 515 216 516 217 517 218 518 219 519 220.Total Paid By/For 520.Total Reductions 1,479 91 Borrower. In Amount Due Seller: 300.Cash At Settlement From/To Borrower. 600.Cash At Settlement From/To Seller. 301 Gross amount due from borrower(Imc 120) 601 Gross amount due to seller(line 420) 200,000 00 02 Less amount paid by/for borrower dim im 220) 602 l es,reductions in amount due seller(line 520) 1,47991 303.Cash( FROM) i, TO) Borrower: 000 603 Cash (XTO) ( FROM) Seller. 198,520 09, Previous Edition Is Obsolete SB-4-3538-000-I Form No 1581 HUD-1 (3-86) 3/86 Pagel of 3 RESPA I1B 4305 2 T L SETTLEMENT CHARGES Escrow 25304-MH .700.Total Sales/Broker's Commission Paid From Paid From Based On Price $ %- Borrower's Seller's Division of Commission line 700 As Follows. Funds Funds At At Settlement Settlement 702 to 703 Commission paid at settlement 704 Ewhip. In Connection With Loan, 801 Loan On maGon fee % 802 Loan Discount % 803 Arioraisal fee to 804 Credit report to 805 Lender's inspection fee 806 Mortgage insurance a bcatton fee to 807 Assumption fee 808 809 810 811 - - 812 813 814 815 816 817 818 819 820 821 901 Interest from to /da 0 dUNs 902 Mort_,�a,,e insurance premium for mo to 903 Hazard insurance premium for yrs to 904 Flood insurance premium for yrs to 905 906 1001 Hazard insurance 0 months a 0 00 per month 1002 Mortgage insurance 0 months a.$ 0 00 per month 1003 City property taxes 0 months(a)$ 0 00 per month 1004 C un roe M taxes 0 months(a) 0 00 per month 1005 Annual assessments 0 months(Q$ 0 00 per month 1006 Flood insurance 0 months n$ 0 00 per month 1007 0 months n$ 0 00 per month 1008 Ag2repate Ad ustment 1009 1 101 Settlement or closinp fee to Residential Escrow Inc 49275 1102 Abstract or title search to 1 103 Title examination to 1 104 Title insurance binder to 1 105 Document preparation to 1106 Notary fees to 1 107 Attorney's fees to (includes above item Numbers ) 1108 Title insurance to First American Title (includes above item Numbers ) 985 50 1109 Lender's covera e 1 110 Owner's covera e 200 000 00 Premium 900 00 Tax 85 50 llll 1112 1113 1114 1201 MortFaae$ 000 RelLaaes 000 1202 City/coun tax/stains Deed 000 Mort a e 000 1203 State tax/Stamps Deed S 000 Mort a e 000 1204 1205 1300, Additional Settlement ChArgem 1301 Survev to 1302 Pest inspection to 1303 1304 1305 1306 1307 1308 1400. Total Settlement Charve Enter on line 103 Section J-and-line 502 Section K 1,47825 Form No 1582 Page 2 of 3 S131-4-3538-000-1 j SELLER'S AND/OR BORROWER'S STATEMENT Escrow 25304-MH I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction I further certify that I have received a copy of the HUD-1 Settlement Statement The HUD-1 Seal%Maril�Taliovey.wResidential te %nt hich I have prepared is a true and accurate account of this transaction I have caused or will cause the funds to be disbursed m actoth t statement 1 Settlement Agent DateN\Escr .Inc ` WARNING: It is a crime to knowingly make false statements to the United States on this or any other similar form Penalties upon conviction can include a fine or imprisonment For details see Title 18 U.S Code Section 1001 and Section 1010 a Page 3 of 3 'Q OMB No 2502-0265 FINAL B TYPE OF LOAN A. SETTLEMENT STATEMENT (HUD-1) 1. ❑ FHA 2 ❑ FNMA 3 ❑ CONY LNINS 4, ❑ VA 5 ❑ CONV,INS , • 6 FILE NUMBER 7,LOAN NUMBER Ip A O -1 6 MORTGAGE 8 MORTGAGE INS CASH NO,''; 4y<M1 Di.Y O C.NOTE: This form is furnished to give you a statement of actual settlement costs, Amounts paid to and by the settlement agent a sho n Items marked"(p o c)"were paid outside the closing,they are shown here for informational ptirposes and are not include n the to Is D. NAME&ADDRESS Curtis Lang Custom Homes,Inc. OF BORROVdTR: 27203 216th Avenue SE#5,Maple Valley,WA 98038 S ; E. NAME&ADDRESS City of Kent OF SELLER: 220 4th Avenue South,Kent.WA 98032 F. NAME&ADDRESS HomeStreet Bank OF LENDER• 3315 S 23rd #100,Tacoma.WA 98405 F G. PROPER 1 Y LOCATION: Lot 3&Lot 5 Ci 'Of Kent SP-2002-23,Kent,WA 98 0 H SETTLEMENT AGENT Residential Escrow,Inc PLACE OF SETTLEMENT 24909 104th Ave SE 4100A.Kent.WA 98030 3)859-5777 I. SETTLEMENT DATE. 7/1&n013 DI BURSEMENT DATE 7?'IW2013 J. Summary of Borrower's Transaction K —mmary of Seller's Transaction 100,Gross Amount Due From Borrower: 400.Gross Am unt Due To Seller: 101 Con tract satespnce 401.Contracts es rice 200,000,00 102 Personal property 402. Personal property 103, Settlement charges to borrower (line 1400) 403 104 404 105 405 Adjustments For Items Paid Bv Seller In Advance: Adjustments For Items Paid By Seller In Advance: 106 O /town taxes to 406.City/town taxes to 107 County taxes to 407 County taxes 07/18/13 to 01/01/14 655 108 Assessments to 409.Assessments to 109, 409, 110 410. 111 1 411, 112 412 113 413 114, 414. 115 415 116 416 120,Gross Amount Due From Borrower: 420.Gross Amount Due To Seller: 200.006 55 200.Amounts Paid By Qr In Behalf Of Borrower: 500.Reductions In Am unt Due To Seller: 201 Deposit or earnest money 501, Excess deposit(see instructions) 202 Principal amount of new loans 502 Settlement charges to seller(line 1400) 98695 203 Existing loan(s)taken subject to 503 Existing loan(s)taken subject to 204 504.Payoff 1st Mtg,Ln 205. 505.Payoff 2nd MI Ln 206 506. 207 507. 208, 508 209 509 i Adjustments For Items Unpaid By Seller: Adjustments For Items Unpaid By Seller: 210 City,town taxes to 510 City/town taxes to 211.County taxes to 511.County taxes to 212.Assessments to 512.Assessments to 213, 513. 214 514 215 515. 216 516 217 517, 218 518 219 519 220.Total Paid By/For 520.Total Reductions 886 95 Borrower: In Amount Due Seller: 300.CaLh_Aj SpIllement From/To Borrower: 600.Cash At Settlement Fr m1TSeller: 301, Gross amount due from borrower(line 120) 60I Gross amount due to seller Qine 420) 200,00655 302 Less amount paid by/for borrower line 220) 602 Less reductions in amount due seller(line 520 88695 303.Cash(❑FRONT) ❑TO) Borrower: 0.00 603.Cash(®TO) (❑FROM) Seller: 199,119 60 Previous Edition Is Obsolete SB4-3538-000-1 Form No 1581 HUD-1(3-86) 3186 RESPA.HB 4305 2 Page 1 of 3 I SETTLEMENT CIIAI2GES Escrow:25525-TA 700.Total Sales/Broker's Commission: Paid From Paid From Based On Price $ %= Borrower's Seller's Division of Commission Im I Funds Funds At At Settlement Settlement to 03 Commission paid at setllpm= 704 goo, ltpm,.;Payable in fpnnpr41nn With Ignin, 80 1.Uari Qri ginalion f % 802 Loan Discount % 803,Almraisal ke to' 804 Credit rcRprt to. 805.LendgfF, 906.Morteaae insurance application e Io 807 Assumption fee _ 8 809. 1 811. l� 81" 14 1 81 1 1 819 820. 921 901 Interest ftom to a 0 days) 902, Mortgage insurance premium for 903,Hazard insyranpe-pi-Qmi s t 904 Fl inwra<=premium for vrs 901 906 T 001 Haar m. n C 0. 0 months @ S 0 00 lirr month 1002 Mortgage insuranoc. n hs a 1003 OV 12=eM taxes 0 months n S 0 00 Der month 1004County Dronem•taxes 0 months 0 $ 0.00 per Mon 1005 Annual assessments 0 months S 0,00 per month 1006 Flood insurance 0 monthg� S 0 00 Der month 1 QU 0 months 67S 0.00 per month 1008, m n 1009, 1 1 L Settlement or closing fee to Residential scr v Inc. 492,7 102. Abstract or title search to 1103, Titlemp_t�on to 1104 Elk insui-ancem r to 1105. Document prepara ion tg-- 1106 Notary fecs to 1107. Attorney's fees to (includes above item Numbers: ) 1108 Title insurance to First American Title (includes above item Numbers: ) 394.20 1109, r' v r 1 110 Owner's coverAge S 200.000,00 Premium: $360.0 $34,20 1111 1112, 111 1114. 12 1 Recording fees Deed S 0,00 rlytortpaize. 00 Releases$ 000 1202 Crty/coun tax/stamps Deed S 0 00 -RO 0 00 1203 State ta%tStarnDc;& Deed S 000 M 1204 1205 1301 S rve 1302, Post inspection to 1303 1301 10 1306, 130 1308, 1460- Total Settlement a (Enter on lire 103, Section J-and-hne 502 Sectwn K Form No 1582 Page 2 of 3 SB-4-3538-000-1 SELLER'S ANDIOR BORROWER'S STATEMENT Escrow: 23525-TA 1 have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief it is a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction.I further certify that I have received a copy of the HUDA Settlement Statement. The HUD-] Settlemen tement ichl-Irfi prepared i a true and accurate account of thus transaction.I have caused or will cause the funds to be disbursed m actor ce with this s tement Settlem IAgent: Date; -7< ` SAll�ii3 Terri Anders esidential Esero ,Inc. WARNI ; It is a crime to wingly make false sthtements to the United States on this or any other similar form.Penalties upon conviction can include a fine or imps ment For de Is see: Title 18 U.S.Code Section 1001 and Section 1010. Page 3 of 3 Simmons, Mary From: Komoto, Kim Sent: Thursday, July 25, 2013 4 16 PM To: Hanson, Kurt, Brubaker, Tom Cc: Willms-Dixon, Ingrid, Simmons, Mary; Bartlemay, Joe, Galazin, David Subject: Ramstead Lots 3 & 5 Attachments: Lots 3 & 5 Final Settlement Statement pdf Kurt and Tom: Attached is the final Settlement statement for lots 3 &5 of the Ramstead Development. These are the last two lots involved in the purchase and sale agreement to Curtis Lang Homes. I will pull the file to verify that there is nothing further required for this transaction. Thanks, Kim Komoto, Legal Analyst Assistant to Arthur"Pat" Fitzpatrick, Acting City Attorney Assistant to David A. Galazin, Assistant City Attorney Public Safety Committee Secretary Law Department 220 Fourth Avenue South, Kent, WA 98032 Phone 253-856-5788 1 Fax 253-856-6770 kkomoto(clKentWA gov KENT www.KentWA.gov 93136 PLEASE CONSIDER THE ENVIRONMENT BEFORE PRINTING THIS E-MAIL THIS MESSAGE IS PRIVATE AND PRIVILEGED IF YOU ARE NOT THE PERSON MEANT TO RECEIVE THIS MESSAGE,PLEASE DELETE IT AND PLEASE DO NOT COPY OR SEND ITTO ANYONE ELSE. " 1