NOT LISTED FOR SALE

1522 W Main St Molalla, OR 97038

Estimated Value: $437,000 - $497,000

1.76 Acres
$272,849 Price per Acre
76,666 Sq Ft Lot

Last Sold April 16, 2021

Last sale price $625,000 $419 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $2,817/month

670 Days on Market

About This Lot

As of April 2021

Prime business location with many opportunities, across from main retail establishments, on a busy highway. Zoned C2. Ready for your business idea. Development package is available. Buyer to perform own due diligence for their intended use. Selling "as is"

Last Agent to Sell the Property

Mindy Chandler

MORE Realty License #200502152 Listed on: 12/15/2018

Co-Listed By

Robin Babb

RE/MAX Equity Group License #870600005

Last Buyer's Agent

Douglas Landers

John L. Scott Portland Central License #200903041

John L. Scott Portland Central

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,467

Lot Details

  • Level Lot
  • Property is zoned C2

Utilities

  • Septic Tank

Additional Features

  • Property Views

Property Details

Property Type

Land

Est. Annual Taxes

$3,467

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Industrial
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: SECTION 07 TOWNSHIP 5S RANGE 2E QUARTER D TAX LOT 01800 & 01900

Exterior Features

  • Lot Size: 1 to 2.99 Acres
  • View: Territorial
  • View: Yes

Utilities

  • Utilities: Septic Tank, Water Connected

Association/Amenities

  • Existing Structures Description: Driveway, Garage(s), Residence, Storage
  • Existing Structures: Yes

Lot Info

  • Acres: 1.76
  • Zoning: C2
  • Number Of Lots Total: 2
  • Present Use: Raw Land, Residential
  • Land Description: Level

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 1880.08
  • Assessor Parcel Number: 01089271
  • Assessor Parcel Number 2: 01089280
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2018
Closed on
Apr 13, 2021
Sold by
Hekala John V and Victor And Virginia Hekala Tru
Bought by
Raad Inc
Seller's Agent
Mindy Chandler
MORE Realty
Buyer's Agent
Douglas Landers
John L. Scott Portland Central
List Price
$675,000
Sold Price
$625,000
Premium/Discount to List
-$50,000
-7.41%
Current Estimated Value
$480,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$144,786
Avg. Annual Appreciation
-5.54%

Purchase Details

Closed on
Sep 1, 1991
Bought by
Hekala Virginia Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Raad Inc $625,000 First American
Hekala Virginia Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $625,000 -7.4% $419 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $675,000 0.0% $453 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
09/24/2019 09/24/19 Price Changed $675,000 -10.0% $453 / Sq Ft
12/15/2018 12/15/18 For Sale $750,000 -- $503 / 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
2025 $3,467 $181,000 -- --
2024 $3,351 $175,729 -- --
2023 $3,351 $170,611 $0 $0
2022 $2,763 $165,642 $0 $0
2021 $2,650 $160,818 $0 $0
2020 $2,576 $156,134 $0 $0
2019 $2,501 $151,587 $0 $0
2018 $2,431 $147,172 $0 $0
2017 $1,638 $142,885 $0 $0
2016 $1,536 $138,723 $0 $0
2015 $1,493 $134,683 $0 $0
2014 $1,444 $130,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mindy Chandler

    MORE Realty

    Section Image
  • Robin Babb

    Seller Co-Listing Agent in 2021

    Robin Babb

    RE/MAX

    (503) 318-7365

    49 Total Sales

    Robin Babb
    Section Image
  • Douglas Landers

    Buyer's Agent in 2021

    Douglas Landers

    John L. Scott Portland Central

    (503) 936-3905

    110 Total Sales

    Douglas Landers
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18175189

Regional Multiple Listing Service (RMLS)

APN: 01089271

Oregon Clackamas County Molalla 97038

1522 W Main St, Molalla, OR

Not Listed for Sale

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