NOT LISTED FOR SALE

309 E 5th St Molalla, OR 97038

Estimated Value: $512,932 - $707,000

2 Beds
2 Baths
1,152 Sq Ft
$543/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $150,000 $130 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $3,995/month

9 Days on Market

Highlights

  • Landscaped with Trees
  • Level Lot
  • 1-Story Property

About This Home

As of February 2018

Attention cash buyers: Great duplex on busline for sale. Each unit is one bedroom/one bath. Sold "As-IS". Large lot, could remove and build larger per city. Within blocks of library, services, post office, etc. Ideal location. Live in one, rent the other? Or use both sides for rental income.

Last Agent to Sell the Property

Aimee Davis

Firefly Real Estate License #990100198 Listed on: 01/04/2018

Last Buyer's Agent

Krystal Sprauer

HomeSmart Realty Group License #200612035

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,001

Year Built

  • Built in 1944

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Paved Parking
  • Open Parking

Home Design

  • Fixer Upper
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Range

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,001

Year Built

Built in 1944

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1152
  • Stories: 1
  • Year Built: 1944
  • Property Condition: Fixer
  • Remarks Public: Attention cash buyers: Great duplex on busline for sale. Each unit is one bedroom/one bath. Sold "As-IS". Large lot, could remove and build larger per city. Within blocks of library, services, post office, etc. Ideal location. Live in one, rent the other? Or use both sides for rental income.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 333 GREGORYS 1ST ADD PT LTS 24&25 BLK 9
  • Basement: Crawl Space, None

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Open, Paved

Utilities

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

Condo/Co-op/Association

  • Unit Features: Range

Schools

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

Lot Info

  • Lot Description: On Busline, Level, Trees
  • Zoning: R2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 1618.42
  • Assessor Parcel Number: 01098662

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Kirk Properties Llc
Bought by
Kirk Esther M
Total Days on Market
9
Current Estimated Value
$624,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$198,412
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$191,567

Purchase Details

Closed on
Jun 17, 2005
Sold by
Rydzewski William S and Rydzewski Brenda J
Bought by
Zichlinsky Murray and Reynolds Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2002
Sold by
Marrone James J and Marrone Monique D
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
$67,500
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 1997
Sold by
Cleveland Edgar M and Cleveland Maria Teresa
Bought by
Marrone James J and Marrone Monique D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,600
Interest Rate
7.83%
Mortgage Type
Commercial
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
Kirk Esther M -- First American Title
Zichlinsky Murray $132,500 First American Title Insuran
Rydzewski William S $75,000 First American Title Ins Co
Marrone James J $48,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirk Esther M $200,000
Previous Owner Zichlinsky Murray $95,000
Previous Owner Zichlinsky Murray $106,000
Previous Owner Rydzewski William S $67,500
Previous Owner Marrone James J $39,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2018 02/26/18 Sold $150,000 +0.1% $130 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $149,900 -- $130 / 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 $6,001 $78,353 $0 $0
2022 $1,269 $76,071 $0 $0
2021 $1,840 $111,649 $0 $0
2020 $1,789 $108,398 $0 $0
2019 $1,736 $105,241 $0 $0
2018 $1,688 $102,176 $0 $0
2017 $1,618 $99,200 $0 $0
2016 $1,534 $96,311 $0 $0
2015 $1,491 $93,506 $0 $0
2014 $1,444 $90,783 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18254393

Regional Multiple Listing Service (RMLS)

APN: 01098662