NOT LISTED FOR SALE

304 May St Molalla, OR 97038

Estimated Value: $423,652 - $460,000

4 Beds
4 Baths
2,016 Sq Ft
$221/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $250,000 $124 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,729/month

51 Days on Market

Highlights

  • Garage
  • Level Lot
  • Lap Siding

About This Home

As of April 2018

Seller intends to perform a 1031 property exchange. Duplex on a dead end street, open field behind property. Do not disturb tenants. No sign on property. Make offers subject to interior inspection.

Last Agent to Sell the Property

DeAnn Willison

MORE Realty License #980100034 Listed on: 01/19/2018

MORE Realty

Last Buyer's Agent

Vicki Gile

Premiere Property Group, LLC License #200508340

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,429

Year Built

  • Built in 1997

Lot Details

  • 8,320

Parking

  • Garage

Home Design

  • Lap Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Range

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,429

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2016
  • Stories: 2
  • Year Built: 1997
  • Property Condition: Existing
  • Remarks Public: Seller intends to perform a 1031 property exchange. Duplex on a dead end street, open field behind property. Do not disturb tenants. No sign on property. Make offers subject to interior inspection.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 3159 LINDSAY ADD #2 LT 16
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Lap Siding, T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Molalla
  • High School: Molalla

Lot Info

  • Lot Description: Level

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3067.67
  • Assessor Parcel Number: 01642306

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Molalla
  • High School: Molalla

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2019
Sold by
Bishop Timothy A and Bishop Tracey L
Bought by
Bishop Russell D
Total Days on Market
51
Current Estimated Value
$444,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Listed on
Jan 19, 2018
Closed on
Apr 5, 2018
Sold by
Aho Judith E and Aho Walter T
Bought by
Bishop Timothy A and Bishop Tracey L
Seller's Agent
DeAnn Willison
MORE Realty
Buyer's Agent
Vicki Gile
Premiere Property Group, LLC
List Price
$280,000
Sold Price
$250,000
Premium/Discount to List
-$30,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$187,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2012
Sold by
Foushee Thomas and Wells Fargo Bank N A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 22, 2006
Sold by
Utke Catherine Ruth
Bought by
Rodeo Acres Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
6.04%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Bishop Russell D $313,000 Wfg Title
Bishop Timothy A $250,000 First American Title
Federal National Mortgage Association $229,123 Nextitle
Rodeo Acres Lp $173,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Rusell D $319,686
Closed Bishop Russell D $313,000
Previous Owner Bishop Timothy A $187,500
Previous Owner Foushee Thomas $208,000
Previous Owner Rodeo Acres Lp $436,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $250,000 -10.7% $124 / Sq Ft
03/11/2018 03/11/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $280,000 +110.5% $139 / Sq Ft
07/12/2013 07/12/13 Sold $133,000 -21.5% $66 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $169,500 -- $84 / 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 $4,429 $225,473 $0 $0
2022 $3,652 $218,906 $0 $0
2021 $3,502 $212,531 $0 $0
2020 $3,405 $206,341 $0 $0
2019 $3,306 $200,332 $0 $0
2018 $3,213 $194,497 $0 $0
2017 $3,068 $188,832 $0 $0
2016 $2,808 $180,922 $0 $0
2015 $2,487 $160,099 $0 $0
2014 $2,243 $144,673 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DeAnn Willison

    Seller's Agent in 2018

    DeAnn Willison

    MORE Realty

    (503) 675-4650

    71 Total Sales

    DeAnn Willison
    Section Image
  • Vicki Gile

    Buyer's Agent in 2018

    Vicki Gile

    Premiere Property Group, LLC

    (503) 539-5944

    80 Total Sales

    Vicki Gile
    Section Image
  • Brian Smith

    Seller's Agent in 2013

    Brian Smith

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 551-8510

    164 Total Sales

    Brian Smith
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18461417

Regional Multiple Listing Service (RMLS)

APN: 01642306

Oregon Clackamas County Molalla 97038

304 May St, Molalla, OR

This home is located at 304 May St, Molalla, OR 97038 since 19 January 2018 and is currently estimated at $444,663, approximately $220 per square foot. This property was built in 1997. 304 May St is a home located in Clackamas County with nearby schools including Molalla River Academy, Country Christian School, and Oregon Outreach - Molalla Pride.

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