NOT LISTED FOR SALE

32450 S Wright Rd Molalla, OR 97038

Estimated Value: $1,714,689 - $2,044,000

4 Beds
4.5 Baths
4,874 Sq Ft
$384/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $1,300,000 $267 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $11,666/month

151 Days on Market

Highlights

  • Barn
  • 19.87 Acre Lot
  • Recreation Room
  • RV Garage
  • Family Room with Fireplace
  • Territorial View

About This Home

As of April 2019

Magnificent equestrian estate located near the Molalla River Corridor! This private gated estate sits on 19.87 acres of impeccably maintained grounds. With a grand home and a secluded setting, this property is perfect for any horse enthusiast! Easy access to Portland (30 miles) or Salem (32 miles). With 4 bedrooms and 5 bathrooms this incredible home is one you will want to see in person! Photos and video are breathtaking but this property speaks for itself when viewed! Schedule an appointment today!

Last Agent to Sell the Property

Danielle Heuer

REGER HOMES, LLC License #201218418 Listed on: 07/09/2018

Co-Listed By

Catherine Ulrey

KELLER WILLIAMS CAPITAL CITY License #970700173

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,919

Year Built

  • Built in 1999

Lot Details

  • 19.87 Acre Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 4,874 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Home Office
  • Recreation Room
  • Workshop
  • Territorial Views

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Car Attached Garage
  • RV Garage

Outdoor Features

  • Patio
  • Shed
  • Shop

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System
  • High Speed Internet

Additional Features

  • Handicap Accessible
  • Barn

Listing and Financial Details

  • Legal Lot and Block 241 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,919

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Handicap Amenities: Yes (Refer To Remarks)
  • Home Warranty: Negotiable
  • Luxury: Y
  • Range Facility: Propane, Built-In
  • Syndicated Remarks: Magnificent equestrian estate located near the Molalla River Corridor! This private gated estate sits on 19.87 acres of impeccably maintained grounds. With a grand home and a secluded setting, this property is perfect for any horse enthusiast! Easy access to Portland (30 miles) or Salem (32 miles). With 4 bedrooms and 5 bathrooms this incredible home is one you will want to see in person! Photos and video are breathtaking but this property speaks for itself when viewed! Schedule an appointment today!
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Propane
  • Negotiable Inclusions: Refrigerators, Oven, dishwashers, range
  • Flooring: Tile
  • Total Bathrooms: 4.5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 5
  • Bedrooms: 4
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook, Office, Rec Room, Walk-In Pantry, Workshop
  • Price Per Sq Ft: 266.72
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 323.14

Exterior Features

  • Patio: Patio
  • Exterior Color: Grey
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Barn, Shed, Separate Shop
  • Roof: Composition, Shingle
  • Siding: Shake, Wood
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 4+

Utilities

  • Heating/Cooling: Propane, Central Ac, Heat Pump, Forced Air, Radiant Floor
  • High Speed Comm Access: Available
  • Septic: Standard
  • Water: Well
  • Water Heater: Propane

Schools

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

Lot Info

  • Acres: 19.87
  • Estimated Lot Sq Ft: 865537
  • Lot: 241
  • Price Per Acre: 79265.22
  • Rv Amenities: Area/Room For, Rv Garage
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 17-18
  • Tax Account Number: 01103843
  • Tax Amount: 18919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Apr 4, 2019
Sold by
White Edward A and White Beverly A
Bought by
Salathe Oleyssa and Salathe Scott
Seller's Agent
Danielle Heuer
REGER HOMES, LLC
List Price
$1,575,000
Sold Price
$1,300,000
Premium/Discount to List
-$275,000
-17.46%
Current Estimated Value
$1,870,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,172
Avg. Annual Appreciation
5.96%
Original Mortgage
$1,105,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2005
Sold by
White Edward A
Bought by
White Edward A and White Beverly A

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
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 27, 2004
Sold by
White Edward A
Bought by
White Edward A and White Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2004
Sold by
White Beverly A
Bought by
White Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
5.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Salathe Oleyssa $1,300,000 Fidelity Natl Ttl Co Of Or
White Edward A -- Ticor Title Insurance Compan
White Edward A -- Ticor Title Insurance Compan
White Edward A -- Ticor Title Insurance Compan
White Edward A -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salathe Oleyssa $1,105,000
Previous Owner White Edward A $1,000,000
Previous Owner White Edward A $1,125,000
Closed White Edward A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $1,300,000 -17.5% $267 / Sq Ft
07/09/2018 07/09/18 For Sale $1,575,000 -- $323 / Sq Ft
Source: Willamette Valley MLS

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
2024 $21,000 $1,615,805 -- --
2023 $21,000 $1,609,808 $0 $0
2022 $18,053 $1,562,932 $0 $0
2021 $15,642 $1,399,972 $0 $0
2020 $13,769 $1,229,400 $0 $0
2019 $20,595 $1,744,771 $0 $0
2018 $20,032 $1,694,071 $0 $0
2017 $18,920 $1,644,845 $0 $0
2016 $17,752 $1,597,054 $0 $0
2015 $16,928 $1,550,654 $0 $0
2014 $15,726 $1,502,817 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 736085

Willamette Valley MLS

APN: 01103843