$820,000
SOLD OCT 22, 2025

15816 S Wave Rd Mulino, OR 97042

40 Acres
$20,500 Price per Acre
1,742,400 Sq Ft Lot

Recently Sold

$1,031 Per Sq Ft

3% Below List Price

47 Days on Market

Highlights

  • Barn
  • 40 Acre Lot
  • Separate Outdoor Workshop
  • Waterfront
  • No HOA
  • Poultry Coop

About This Lot

As of October 2025

Secluded 40-Acre Forested Retreat with Versatile Barndominium Work/Live Setup. Tucked away at the private end of a road, this expansive 40-acre forested property offers a rare blend of privacy, functionality, and natural beauty. Sunroom could be used as a third bedroom, two bedrooms have ensuite baths. home is uniquely built inside a large, insulated, and heated 40' x 60' shop, creating the ideal live/work environment. Inside the shop, you'll find a bright sunroom/office, which connects via the utility room to a spacious main-level bedroom/office with en-suite full bath. The sunroom features custom knotty pine cabinetry, abundant natural light, and its own wraparound private deck. Upstairs, the main living area boasts vaulted ceilings with exposed beams, a ceiling fan, woodstove, and a second deck for enjoying the peaceful surroundings. The kitchen is equipped with knotty pine cabinets, a range, refrigerator, dishwasher, microwave, pantry, and a breakfast bar. A second primary suite includes a private entrance to the bathroom and a ceiling fan. The property features numerous outbuildings and amenities including a chicken coop with power, large pole barn, formerly used as a small lumber mill, covered wood storage near the shop, lean-to adjacent to a storage container. The shop is a standout feature with 3-phase power, paid-in-full solar panels on the roof, an overhead beam crane hoist, three 14' roll-up doors (front and back), heavy-duty shelving, and rebar-reinforced concrete floors. Located just 8 minutes from Mulino and Hwy 213, this property offers the perfect balance of a secluded setting and accessibility. Follow the signs on the property to walk to the year round creek

Last Agent to Sell the Property

Kevin Mapes

Keller Williams Sunset Corridor Brokerage Phone: 503-341-0267 License #200607154 Listed on: 08/07/2025

Keller Williams Sunset Corridor

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,007

Lot Details

  • 40 Acre Lot
  • Waterfront
  • Poultry Coop
  • Property is zoned TBR

Parking

  • Garage

Schools

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

Farming

  • Barn

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 01799851

Community Details

Overview

  • No Home Owners Association

Recreation

  • Separate Outdoor Workshop
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,007

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • CropLandLeaseYN: No
  • Current Price For Status: 820000.0
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Lot Size Range: Acres20to50

Exterior Features

  • Lot Size: 20 to 49.99 Acres
  • Waterfront: Yes
  • View: No
  • Other Structures: Barn, Garage, PoultryCoop, Shed, Storage, Workshop

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityConnected, PhoneConnected, SepticTank, Well
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: TBR
  • Land Lease: No
  • Lot Size Acres: 40.0
  • Lot Size Sq Ft: 1742400.0
  • Parcel #: 01799851

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: Yes
  • Tax Annual Amount: 3007.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2025
Closed on
Sep 24, 2025
Sold by
Lachlan M Maclean Revocable Trust and Fankhauser Robert Todd
Bought by
Norris Joseph and Norris Brittaney
Seller's Agent
Kevin Mapes
Keller Williams Sunset Corridor
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$849,000
Sold Price
$820,000
Premium/Discount to List
-$29,000
-3.42%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.45%
Original Mortgage
$670,000
Outstanding Balance
$669,376
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
$175,171

Purchase Details

Closed on
Sep 18, 2017
Sold by
Maclean Lachlan M
Bought by
Maclean Lachlan M and The Lachlan M Maclean Revocable Trust

Purchase Details

Closed on
Nov 29, 2011
Sold by
Fenton Jon B and Fenton Jenna I
Bought by
Maclean Lachlan M

Purchase Details

Closed on
Sep 8, 2006
Sold by
Fenton Jon B and Fenton Jenna I
Bought by
Fenton Jon B and Fenton Jenna I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,500
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2005
Sold by
Merrill & Ring Forest Products Lp
Bought by
Fenton Jon B and Thomas Jenna I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
6.14%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 31, 2005
Sold by
Gray John D
Bought by
Merrill & Ring Forest Products Lp

Purchase Details

Closed on
Jan 7, 2005
Sold by
Collateral Holding Ii Inc
Bought by
Gray John D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warranty Deed $820,000 First American Title
Interfamily Deed Transfer -- None Available
Warranty Deed $325,000 First American
Interfamily Deed Transfer -- Lawyers Title Ins
Warranty Deed $243,000 Lawyers Title Ins
Special Warranty Deed $391,408 First American
Bargain Sale Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $670,000 VA
Previous Owner $376,500 New Conventional
Previous Owner $206,500 Balloon
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2025 10/22/25 Sold $820,000 -3.4% $1,031 / Sq Ft
09/23/2025 09/23/25 Pending -- -- --
09/11/2025 09/11/25 For Sale $849,000 0.0% $1,068 / Sq Ft
08/13/2025 08/13/25 Pending -- -- --
08/07/2025 08/07/25 For Sale $849,000 -- $1,068 / 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 $3,067 $219,938 -- --
2024 $3,007 $213,675 -- --
2023 $3,007 $207,576 $0 $0
2022 $2,486 $201,636 $0 $0
2021 $2,384 $195,851 $0 $0
2020 $2,309 $190,256 $0 $0
2019 $3,495 $184,846 $0 $0
2018 $1,948 $159,563 $0 $0
2017 $1,591 $132,073 $0 $0
2016 $1,499 $128,349 $0 $0
2015 $1,460 $124,719 $0 $0
2014 $1,415 $121,219 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 649800664

Regional Multiple Listing Service (RMLS)

APN: 01799851