R
Seller's Agent in 2020
Rebecca Mitchell
Keller Williams PDX Central
207 E 3rd St Molalla, OR 97038
Estimated Value: $346,000 - $381,000
2
Beds
1
Bath
1,325
Sq Ft
$278/Sq Ft
Est. Value
Highlights
- Attached Garage
- Forced Air Heating System
- Level Lot
About This Home
As of August 2020Cozy bungalow is an investment opportunity in waiting! Offering 3 bedrooms, 2 bathrooms w/attached garage. Wonderful opportunity to own a great investment property with solid tenants in place or a home to make all your own! Main home rents separately than the apartment above the garage, Garage unit has 1 bed/1 bath and kitchen along with a heat pump. Main home serves 2 beds/1 bath & a long term tenant. An incredible opportunity awaits!!
Last Listed By
Rebecca Mitchell
Keller Williams PDX Central License #201221272 Listed on: 11/09/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,950
Year Built
- Built in 1947 | Remodeled
Lot Details
- Level Lot
Parking
- Attached Garage
Home Design
- 1,325 Sq Ft Home
- Slab Foundation
- Composition Roof
- Stucco Exterior
Schools
- Molalla Elementary School
- Molalla River Middle School
- Molalla High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Electric Water Heater
Listing and Financial Details
- Rent includes cabletv, trashcollection
- Assessor Parcel Number 01098895
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $3,330
- Gross Income $24,732
- Net Operating Income $21,402
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2019
Closed on
Aug 6, 2020
Sold by
Bachelder Robert A
Bought by
Bergstrom Benjamin
Seller's Agent
Rebecca Mitchell
Keller Williams PDX Central
Buyer's Agent
Jason Kennedy
RE/MAX Equity Group
List Price
$279,900
Sold Price
$271,000
Premium/Discount to List
-$8,900
-3.18%
Total Days on Market
241
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,514
Avg. Annual Appreciation
6.71%
Original Mortgage
$269,100
Outstanding Balance
$241,379
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$127,135
Purchase Details
Closed on
May 30, 2006
Sold by
Kirk Roger E and Kirk Judy A
Bought by
Bachelder Robert A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 17, 2003
Sold by
Hoffman Dennis K and Hoffman Debbie A
Bought by
Kirk Roger E and Kirk Judy A
Purchase Details
Closed on
Aug 2, 2001
Sold by
Rydzewski William S and Rydzewski Brenda J
Bought by
Hoffman Dennis K and Hoffman Debbie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.09%
Purchase Details
Closed on
May 22, 2001
Sold by
Marson John L
Bought by
Rydzewski William S and Rydzewski Brenda J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
7.06%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bergstrom Benjamin | $277,500 | Lawyers Title Of Oregon Llc | |
| Bachelder Robert A | $193,500 | Lawyers Title Ins | |
| Kirk Roger E | $129,000 | First Amer Title Ins Co Of O | |
| Hoffman Dennis K | $110,000 | Fidelity National Title Co | |
| Rydzewski William S | $73,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bergstrom Benjamin | $269,100 | |
| Previous Owner | Bachelder Robert A | $154,800 | |
| Previous Owner | Bachelder Robert A | $38,700 | |
| Previous Owner | Hoffman Dennis K | $88,000 | |
| Previous Owner | Rydzewski William S | $65,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2020 08/14/20 | Sold | $271,000 | 0.0% | $205 / Sq Ft |
| 07/09/2020 07/09/20 | Off Market | $271,000 | -- | -- |
| 07/06/2020 07/06/20 | Pending | -- | -- | -- |
| 11/08/2019 11/08/19 | For Sale | $279,900 | -- | $211 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $2,689 | $136,868 | $0 | $0 |
| 2022 | $2,217 | $132,882 | $0 | $0 |
| 2021 | $2,126 | $129,012 | $0 | $0 |
| 2020 | $2,067 | $125,255 | $0 | $0 |
| 2019 | $2,007 | $121,607 | $0 | $0 |
| 2018 | $1,950 | $118,065 | $0 | $0 |
| 2017 | $1,870 | $114,626 | $0 | $0 |
| 2016 | $1,773 | $111,287 | $0 | $0 |
| 2015 | $1,723 | $108,046 | $0 | $0 |
| 2014 | $1,669 | $104,899 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jason Kennedy
Buyer's Agent in 2020
Jason Kennedy
RE/MAX
(503) 679-0554
188 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 19032634
APN: 01098895
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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