NOT LISTED FOR SALE

121 Molalla Ave Oregon City, OR 97045

Elyville Neighborhood

Estimated Value: $653,000 - $711,000

4 Beds
4 Baths
2,392 Sq Ft
$286/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $660,000 $276 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,254/month

7 Days on Market

Highlights

  • Deck
  • Washer and Dryer
  • High Speed Internet
  • Corner Lot

About This Home

As of March 2022

Remodeled 4 plex in desirable location. Long term tenants. Extremely well maintained. Convenient to schools, freeway, stores and more.

Last Agent to Sell the Property

Rachel Aron

MORE Realty License #201221078 Listed on: 01/27/2022

MORE Realty

Last Buyer's Agent

Jennifer Turner

Lovejoy Real Estate License #971200007

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,146

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • 4,574

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Parking

  • Paved Parking
  • Open Parking

Utilities

  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Deck
  • Corner Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,146

Year Built

Built in 1969 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2392
  • Stories: 2
  • Year Built: 1969
  • Property Condition: Updated/Remodeled
  • Remarks Public: Remodeled 4 plex in desirable location. Long term tenants. Extremely well maintained. Convenient to schools, freeway, stores and more.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 66 MT PLEASANT ADD PT LTS 10&11 BLK 3
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 3K-4,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Wall Furnace
  • Internet Service Type: Wireless

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Holcomb
  • High School: Oregon City

Lot Info

  • Lot Description: Corner Lot
  • Zoning: R2

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 5427.78
  • Assessor Parcel Number: 00590514
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 17.44

MLS Schools

  • Elementary School: Holcomb
  • High School: Oregon City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 14, 2022
Sold by
Daniel Stinea
Bought by
Bennett Patrick and Bennett Ashley
Seller's Agent
Rachel Aron
MORE Realty
Buyer's Agent
Jennifer Turner
Lovejoy Real Estate
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Current Estimated Value
$683,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,499
Avg. Annual Appreciation
0.94%
Original Mortgage
$480,000
Outstanding Balance
$454,033
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$227,375

Purchase Details

Closed on
Feb 21, 2007
Sold by
Thacker William C and Thacker Annamarie L
Bought by
Stinea Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,625
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2001
Sold by
Marchek Bryan and Marchek Toni
Bought by
Thacker William C and Thacker Annamarie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,200
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 1997
Sold by
Lochrie Nancy S
Bought by
Thacker William C and Thacker Annamarie L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bennett Patrick $660,000 Old Republic Title
Stinea Daniel $317,500 Transnation Title Agency Or
Thacker William C $25,000 Ticor Title
Thacker William C $168,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Patrick $480,000
Previous Owner Stinea Daniel $16,375
Previous Owner Stinea Daniel $301,625
Previous Owner Thacker William C $136,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $660,000 -2.2% $276 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $675,000 -- $282 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,146 $318,800 $0 $0
2022 $5,655 $309,515 $0 $0
2021 $5,428 $300,500 $0 $0
2020 $5,273 $291,748 $0 $0
2019 $5,161 $283,251 $0 $0
2018 $4,904 $275,001 $0 $0
2017 $4,778 $266,991 $0 $0
2016 $4,691 $259,215 $0 $0
2015 $4,572 $251,665 $0 $0
2014 $4,442 $244,335 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rachel Aron

    Seller's Agent in 2022

    Rachel Aron

    MORE Realty

    (360) 639-9906

    1 in this area

    52 Total Sales

    Section Image
  • Jennifer Turner

    Buyer's Agent in 2022

    Jennifer Turner

    Lovejoy Real Estate

    (503) 312-4642

    1 in this area

    787 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22601831

Regional Multiple Listing Service (RMLS)

APN: 00590514

Oregon Clackamas County Oregon City 97045 Elyville

121 Molalla Ave, Oregon City, OR

This home is located at 121 Molalla Ave, Oregon City, OR 97045 since 27 January 2022 and is currently estimated at $683,499, approximately $285 per square foot. This property was built in 1969. 121 Molalla Ave is a home located in Clackamas County with nearby schools including Holcomb Elementary School, Tumwata Middle School, and Oregon City Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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