$240,000
SOLD JUN 27, 2024

1424 W Main St Molalla, OR 97038

0.7 Acre
$342,857 Price per Acre
30,492 Sq Ft Lot

Recently Sold

20% Below List Price

421 Days on Market

Highlights

  • Territorial View
  • Pasture
  • No Heating
  • No HOA
  • Level Lot

About This Lot

As of June 2024

Perfect location for a Storage Yard. Just needs home removed, gravel and fencing. Projected income of 3500 per month. .70 acres total. 12.5 cap rate after improvements.

Last Agent to Sell the Property

Al Cronemiller

MORE Realty Inc License #201219154 Listed on: 04/12/2023

MORE Realty Inc

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,514

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 152x211
  • Level Lot
  • 2 Lots in the community
  • Property is zoned Ind

Home Design

  • Mixed Use

Schools

  • Molalla Elementary School
  • Molalla River Middle School
  • Molalla High School

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Territorial Views
  • Pasture

Community Details

  • No Home Owners Association
  • West Molalla Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01089191

Property Details

Property Type

Land

Est. Annual Taxes

$2,514

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: MixedUse
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres
  • Waterfront: No
  • View: Yes
  • Road Frontage: Yes
  • Lot Features: Pasture
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Other Structures: NoValue
  • View: Territorial

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, PublicSewer
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Molalla
  • High School: Molalla
  • Middle Or Junior School: Molalla River

Lot Info

  • Zoning: Ind
  • Present Use: Other
  • Additional Parcels: No
  • Perc Test Description: None
  • Perc Test: No
  • Soil Condition: Native
  • Land Description: Level
  • Lot Size Acres: 0.7
  • Lot Size: 152x211
  • Lot Size Sq Ft: 30492.0
  • Number Of Lots: 2
  • Parcel #: 01089191
  • Assessor Parcel Number 2: 01089208

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2514.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2025
Sold by
1424 Molalla Ventures Llc
Bought by
Dean Nigel A
Total Days on Market
421
Current Estimated Value
$318,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,100
Outstanding Balance
$295,840
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$21,237

Purchase Details

Closed on
Dec 19, 2024
Sold by
Dean Leasing Llc
Bought by
1424 Molalla Ventures Llc

Purchase Details

Listed on
Apr 12, 2023
Closed on
Jun 10, 2024
Sold by
Carroll Richard and Carroll Roxanne
Bought by
Dean Leasing Llc
Seller's Agent
Al Cronemiller
MORE Realty Inc
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$299,000
Sold Price
$240,000
Premium/Discount to List
-$59,000
-19.73%
Views
475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.87%

Purchase Details

Closed on
Oct 28, 2005
Sold by
Sandquist Roxanne
Bought by
Carroll Richard and Carroll Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 13, 2004
Sold by
Sandquist Darrel
Bought by
Sandquist Roxanne
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 Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $240,000 First American Title
Bargain Sale Deed -- Ticor Title Insurance Compan
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $296,100 New Conventional
Previous Owner $127,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $240,000 -12.7% --
06/07/2024 06/07/24 Pending -- -- --
04/30/2024 04/30/24 Price Changed $275,000 -8.0% --
04/29/2024 04/29/24 For Sale $299,000 +24.6% --
04/11/2024 04/11/24 Off Market $240,000 -- --
11/14/2023 11/14/23 For Sale $299,000 0.0% --
11/04/2023 11/04/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $299,000 -8.0% --
10/11/2023 10/11/23 For Sale $325,000 +35.4% --
10/11/2023 10/11/23 Off Market $240,000 -- --
09/22/2023 09/22/23 For Sale $325,000 0.0% --
06/28/2023 06/28/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $325,000 -7.1% --
04/12/2023 04/12/23 For Sale $350,000 -- --
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 $3,049 $155,221 $0 $0
2022 $2,514 $150,700 $0 $0
2021 $2,411 $146,311 $0 $0
2020 $2,344 $142,050 $0 $0
2019 $2,276 $137,913 $0 $0
2018 $2,212 $133,896 $0 $0
2017 $1,490 $129,996 $0 $0
2016 $1,398 $126,210 $0 $0
2015 $1,358 $122,534 $0 $0
2014 $1,314 $118,965 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23566825

Regional Multiple Listing Service (RMLS)

APN: 01089191