NOT LISTED FOR SALE

201 Thelander Ln Molalla, OR 97038

Molalla Area
-- Bed
-- Bath
6,408 Sq Ft
0.65 Acre Lot

Sale Details

Date Sold: April 21, 2025

Last sale price $825,000 $129 Per Sq Ft

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

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,940

Year Built

  • Built in 1978

Lot Details

  • 28,314 Sq Ft 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 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2024
Closed on
Apr 18, 2025
Sold by
Bought by
Seller's Agent
Steve Tekander
Handris Realty Co.
Buyer's Agent
Marfa Scheratski
Call it Closed International, Inc
List Price
$895,000
Sold Price
$825,000
Premium/Discount to List
-$70,000
-7.82%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Outstanding Balance
$610,834
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 14, 1995
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$825,000 Fidelity National Title
-- --
-- --
$165,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $618,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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