$679,000
$36K PRICE DROP

38960 S Prospect Dr Molalla, OR 97038

Estimated payment $3,923/month

Total Views 41,717
3 Beds
1.5 Baths
2,248 Sq Ft
$302 Price per Sq Ft

Highlights

  • Very Popular Property
  • RV Access or Parking
  • Wood Burning Stove
  • Above Ground Pool
  • View of Trees or Woods
  • Farmhouse Style Home

About This Home

Looking for a garden getaway with opportunities to enjoy a parklike setting in a home developed by a true artist? Check out this fully landscaped 2.7-acre property, tucked away in the foothills above Scotts Mills, with a 3 bedroom, 1.5 bath home and over 2,200 sq ft of living space. Marvel at the country kitchen with hand crafted cabinetry, natural wood finished, and large deck to relax and observe the wildlife at your front door. A studio/office w/bath extends the living space outside the home. There are several outbuildings designed as art studios or centers to develop craft projects. The parklike setting includes pathways to a Koi Pond, several varieties of conifer and deciduous trees, and an above ground pool & tree house for kids.

Listing Agent

Charles White

Silverton Realty, Inc. License #780501582 Listed on: 07/09/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1983

Lot Details

  • 2.7 Acre Lot
  • Fenced
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Private Yard
  • Property is zoned AGF

Property Views

  • Woods
  • Territorial

Home Design

  • Farmhouse Style Home
  • Metal Roof
  • Lap Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,248 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Above Ground Pool
  • Covered Deck
  • Outdoor Water Feature
  • Shed
  • Outbuilding

Schools

  • Scotts Mill Elementary And Middle School
  • Silverton High School

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01127319

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1983
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Farmhouse
  • New Construction: No
  • Property Attached Yn: No
  • Open House: Yes
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 1.1
  • Basement: Finished, FullBasement
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stove, WoodBurning
  • BathroomsFullLowerLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres1to3
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Lower
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Lower
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,LapSiding
  • Exterior Features: AboveGroundPool, CoveredDeck, Fenced, Outbuilding, RVParking, ToolShed, WaterFeature, Yard
  • Lot Size: 1 to 2.99 Acres
  • Foundation Details: ConcretePerimeter
  • R V Description: RVParking
  • View: Yes
  • Lot Features: GentleSloping, Private, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Metal
  • View: Territorial,TreesWoods

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,WoodBurning
  • Hot Water: Electricity
  • Internet Service Type: DSL,FiberOptics
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, WoodStove
  • Heating Yn: Yes
  • Sewer: StandardSeptic
  • Water Source: SharedWell

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Scotts Mill
  • High School: Silverton
  • Middle Or Junior School: Scotts Mill

Lot Info

  • Farm: No
  • Zoning: AGF
  • Land Lease: No
  • Lot Size Acres: 2.7
  • Lot Size Sq Ft: 117612.0
  • Parcel #: 01127319

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3999.8
  • Tax Opportunity Zone: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,000 $311,533 -- --
2023 $4,000 $302,460 $0 $0
2022 $3,801 $293,651 $0 $0
2021 $3,640 $285,099 $0 $0
2020 $3,557 $276,796 $0 $0
2019 $3,446 $268,734 $0 $0
2018 $3,359 $260,907 $0 $0
2017 $3,284 $253,308 $0 $0
2016 $3,179 $245,930 $0 $0
2015 $3,084 $238,767 $0 $0
2014 $3,002 $231,813 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2025 09/17/25 Price Changed $679,000 -2.5% $302 / Sq Ft
09/09/2025 09/09/25 Price Changed $696,500 -0.4% $310 / Sq Ft
07/31/2025 07/31/25 Price Changed $699,000 -2.2% $311 / Sq Ft
07/09/2025 07/09/25 For Sale $715,000 -- $318 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Warranty Deed $24,800 Accommodation
Deed $27,000 --
Source: Public Records

About the Listing Agent

Charles White

Silverton Realty, Inc.

(503) 966-3368

Section Image

Chuck White is prepared to work and serve your real estate needs in Silverton, Salem, and surrounding communities in the central Willamette Valley.

Born and raised in northern California, Chuck came to Silverton over 45 years ago as a teacher and coach at Silverton High School having graduated from Willamette University in 1972. Chuck moved from the classroom in 1990 to work as an administrator in the role of Director of Personnel and Curriculum for the Silver Falls School District until

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    Check out this beautiful 2 acre site, only 15 minutes from Silverton, to enjoy a country lifestyle! Trees and varied topography offer several options for homesites with views. Property has gone through administrative review with Marion County Planning Department and received approval for a standard septic system. Buyer to perform their own due diligence with respect to allowable uses and any land

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    Once in a lifetime opportunity, this passive solar home includes 2 bedrooms, 1.5 baths, spectacular kitchen separated from living/dining areas by floor to ceiling fireplace, all facing a large spring fed pond surrounded by trees providing a private, peaceful setting for ducks and geese to gather. The remaining upstairs area has another 2 baths and multiple family/bedroom areas roughly framed

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    Looking for a home in nature's paradise? Check out this beautiful updated contemporary home on a .29-acre park like setting in the Laurel Springs area. Versatile floor plan includes 4 bedrooms & 4 baths on three levels w/integrated ADU in basement area. Light & bright w/ skylight & many windows. Lots of hardwood tile, granite & marble. Huge trek deck & hot tub. New Interlock "shingle" metal roof

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  • 6350 Cascade Hwy NE, Silverton, OR 97381

    $799,000 Sold Jun 27, 2025

    • 3 Beds
    • 3 Baths
    • 2,252 Sq Ft
    • 6350 Cascade Hwy NE
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    Home, Acreage, & Multi-use office/shop 2 miles from Silverton! Check out this private setting with valley views and over 6 acres, 3 bedrooms, 2 baths, Living room, Family room, kitchen and informal eating area. Daylight basement includes garage, utility, and 3rd bedroom. Office/shop building is a flexible-use space and includes a full bathroom. This home is looking for the right buyer to provide

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  • 1303 Crestview Dr, Silverton, OR 97381

    $500,000 Sold Dec 06, 2024

    • 3 Beds
    • 2 Baths
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    Beautiful well cared for, single level ranch style home in Mountain High Addition. Built in 1999, home includes 3 bedrooms, 2 baths with 1,546 sq. ft. of living space, gas fireplace in living room, granite countertops in kitchen, manicured landscaping, and fully fenced yard. Newer kitchen appliances and roof was replaced in September 2023. Nice deck off dining area to backyard in quiet

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    $125,098 Sold Jan 02, 2025

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    Rare building site in Park Terrace Subdivision No. 2 overlooking Silverton. Sellers have changed their future plans of building on the site and moved out of state. However, they have developed preliminary house plans (see site plan in Docs) they are willing to share to give potential buyers an idea of how the site can be developed. Located in one of Silverton's finer neighborhoods on the west

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  • 264 Monson Rd, Silverton, OR 97381

    $903,853 Sold May 29, 2025

    • 3 Beds
    • 2.5 Baths
    • 2,644 Sq Ft
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    Great Horse Property in Silverton! 6.65 acres; 192x70 Horse Arena w/4 horse stalls, 11x11 tack room, 1/2 bath & open staging area; Silver Creek marks the North property boundary; 1950's style home on one level includes 3 bdrms, 2.5 baths, open living room area w/ gas stove, dining room, study/den, beautiful hardwood floors, separate utility, updated in 2003 with addition to create over 2,600 sq

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 599903928

Regional Multiple Listing Service (RMLS)

APN: 01127319