$825,000
SOLD APR 21, 2025

201 Thelander Ln Molalla, OR 97038

-- Bed
-- Bath
6,408 Sq Ft
28,314 Sq Ft

Recently Sold

$129 Per Sq Ft

8% Below List Price

148 Days on Market

Highlights

  • City View
  • No HOA
  • Landscaped with Trees
  • Waterfront
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of April 2025

Well cared for 6-plex centrally located in Molalla. 4 townhouse style and 2 one level units, all attached and all two bedrooms. New 50-year roof in 2024. Newer Hardi plank siding and other recent updates. Currently at 100% occupancy.

Last Agent to Sell the Property

Steve Tekander

Handris Realty Co. License #900300154 Listed on: 08/04/2024

Last Buyer's Agent

Marfa Scheratski

Call it Closed International, Inc License #201239320

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,940

Year Built

  • Built in 1978

Lot Details

  • 0.65 Acre Lot
  • Waterfront
  • Level Lot
  • Cleared Lot
  • Landscaped with Trees

Property Views

  • City
  • Territorial

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,408 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 20 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 01093596

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Molalla Subdivision

Amenities

  • Common Area

Building Details

  • Operating Expense $37,950
  • Gross Income $75,900
  • Net Operating Income $37,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,940

Year Built

Built in 1978

Lot Details

0.65 Acres

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1978
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 825000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Cleared, Level, Trees
  • Road Surface Type: Gravel, Paved
  • Waterfront Features: Other
  • Roof: Composition
  • View: City,Territorial

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No
  • Total Parking Spaces: 20.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: Unknown
  • Cooling: None, WindowUnit
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: AllLandscaping, Commons
  • Association: No

Schools

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

Lot Info

  • Zoning: M1
  • Lot Size Acres: 0.65
  • Lot Size: Irregular
  • Lot Size Sq Ft: 28314.0
  • Parcel #: 01093596

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 6940.3
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 11.79
  • Annual Gross Income: 75900.0
  • Property Net Operating Income: 37950.0
  • Annual Operating Expense: 37950.0
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Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2025 04/21/25 Sold $825,000 -7.8% $129 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
08/04/2024 08/04/24 For Sale $895,000 -- $140 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $8,454 $441,323 -- --
2024 $8,172 $428,469 -- --
2023 $8,172 $415,990 -- --
2022 $6,738 $403,874 $0 $0
2021 $6,462 $392,111 $0 $0
2020 $6,281 $380,691 $0 $0
2019 $6,099 $369,603 $0 $0
2018 $5,928 $358,838 $0 $0
2017 $5,684 $348,386 $0 $0
2016 $5,388 $338,239 $0 $0
2015 $5,236 $328,387 $0 $0
2014 $5,073 $318,822 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24605676

Regional Multiple Listing Service (RMLS)
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