NOT LISTED FOR SALE

15997 S Maple Grove Rd Molalla, OR 97038

Estimated Value: $509,000 - $1,904,000

116 Acres
$10,767 Price per Acre
5,052,960 Sq Ft Lot

Last Sold February 10, 2014

Last sale price $850,000 $660 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,146/month

31 Days on Market

Highlights

  • Wooded Lot
  • Views
  • Spring water is a source of water for the property

About This Lot

As of February 2014

Very good timberland investment (1,371 MBF)for asset value appreciation and near-term cash flows from harvest if desired. Gentle ground. Showcase quality property. Modest home on the property with tenant. Located in a very pleasant area.

Last Agent to Sell the Property

Mark Willhite

World Forest Investment, Inc. License #870800215 Listed on: 12/09/2013

Last Buyer's Agent

Mark Willhite

World Forest Investment, Inc. License #870800215 Listed on: 12/09/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,264

Lot Details

  • Wooded Lot
  • Landscaped with Trees
  • 01131171
  • Property is zoned Forest

Utilities

  • Spring water is a source of water for the property

Additional Features

  • Property Views

Property Details

Property Type

Land

Est. Annual Taxes

$2,264

Lot Details

0

Listing Details

  • Property Category: Land
  • Property Type: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: SEE SPLIT CODE ACCT 00200

Exterior Features

  • Lot Size: 100 to 199.99 Acres
  • View: Territorial, Trees/Woods
  • View: Yes

Utilities

  • Utilities: Electricity Connected, Spring

Association/Amenities

  • Existing Structures Description: Residence, Storage

Schools

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

Lot Info

  • Lot Description: Merchantable Timber, Trees, Wooded
  • Acres: 116.00
  • Zoning: Forest
  • Present Use: Timber
  • Topography: Rolling Slope, Gentle Sloping
  • Additional Parcels Description: 01131171
  • Additional Parcels: Yes
  • Soil Condition: Native
  • Soil Type Classification: Forest

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 1310.00
  • Tax Deferral: Yes
  • Assessor Parcel Number: 01131180

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 9, 2013
Closed on
Feb 6, 2014
Sold by
Cold Springs Tree Farm Llc
Bought by
Mgt Holdings Llc
Seller's Agent
Mark Willhite
World Forest Investment, Inc.
Buyer's Agent
Mark Willhite
World Forest Investment, Inc.
List Price
$987,500
Sold Price
$850,000
Premium/Discount to List
-$137,500
-13.92%
Current Estimated Value
$1,248,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,958
Avg. Annual Appreciation
4.31%

Purchase Details

Closed on
Feb 14, 2002
Sold by
Hansen Eric A
Bought by
Cold Springs Tree Farm Llc

Purchase Details

Closed on
May 14, 2001
Sold by
Rudin John U
Bought by
Cold Springs Tree Farm Llc

Purchase Details

Closed on
Feb 25, 1999
Sold by
Walker Nelson L
Bought by
Hansen Eric A and Hansen Christopher A
Source: Public Records

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    Contract terms available with $900,000. down, 5% interest, balloon in 3-4 years. 7 lots. Both sides of riverPurchaser to perform due diligence of current use and future use

    Debra Katrena Premiere Property Group, LLC

    Section Image

Range of Values:

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Average Value
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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
Mgt Holdings Llc $850,000 First American
Cold Springs Tree Farm Llc -- --
Cold Springs Tree Farm Llc -- --
Hansen Eric A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2014 02/10/14 Sold $850,000 -13.9% $660 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
12/09/2013 12/09/13 For Sale $987,500 -- $767 / 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 $2,264 $148,444 $0 $0
2022 $1,833 $144,180 $0 $0
2021 $1,768 $140,065 $0 $0
2020 $1,698 $136,064 $0 $0
2019 $1,677 $132,247 $0 $0
2018 $1,607 $128,612 $0 $0
2017 $1,541 $124,931 $0 $0
2016 $1,454 $121,429 $0 $0
2015 $1,230 $100,950 $0 $0
2014 $1,192 $98,165 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13537248

Regional Multiple Listing Service (RMLS)

APN: 01131171