NOT LISTED FOR SALE

402 W Main St Molalla, OR 97038

Estimated Value: $365,358 - $401,000

2 Beds
1 Bath
1,389 Sq Ft
$276/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $260,000 $187 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,309/month

3 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Corner Lot
  • Deck
  • Bonus Room
  • Private Yard

About This Home

As of May 2019

Own one of Molalla's great bungalows on the corner of Shaver & Main.Watch the parade on the 4th & have the gathering in the privacy of the fully fenced yard.All the charm of yesteryear with wood floors & arches & added conveniences like a dishwasher.Store the tools in the wooden shed and relax on the private back patio nook. New roof with full price offer.

Last Agent to Sell the Property

Robin Edmunds

Northwest Professional Realty License #200401106 Listed on: 03/26/2019

Co-Listed By

Melinda Villalobos

Northwest Professional Realty License #920300275

Last Buyer's Agent

Aimee Davis

Firefly Real Estate License #990100198

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1930 | Newly Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 74x70
  • Fenced
  • Corner Lot
  • Level Lot
  • Private Yard
  • Property is zoned M-1

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Bungalow
  • Composition Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,389 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Wall Furnace
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01093550

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,470

Year Built

Built in 1930 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Warranty: HomeWarranty
  • Year Built: 1930
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow
  • New Construction: Yes
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Dishwasher
  • Room 12 Features: CeilingFan
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: Laundry, WoodFloors
  • Room 4 Description: BonusRoom
  • Room 4 Level: Upper
  • Room 5 Description: Nook
  • Room 5 Level: Main
  • Room 6 Description: UtilityRoom
  • Room 6 Level: Main
  • Basement: CrawlSpace
  • Appliances: Dishwasher, FreeStandingGasRange
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt5000to6999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 230
  • Fifth Bedroom Area: 36
  • Bedroom 6 Area: 60
  • Bedroom 7 Area: 60
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Other Room9 Area: 156
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar
  • Exterior Features: Deck, Fenced, ToolShed, Yard
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Farm: No
  • Zoning: M-1
  • Lot Size Acres: 0.12
  • Lot Size: 74x70
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 01093550

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 1469.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
May 15, 2019
Sold by
Lefebvre Bettina S and Birch Bettina S
Bought by
Weigel Derrick A
Seller's Agent
Robin Edmunds
Northwest Professional Realty
Buyer's Agent
Aimee Davis
Firefly Real Estate
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Total Days on Market
3
Current Estimated Value
$383,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,090
Avg. Annual Appreciation
6.09%
Original Mortgage
$255,290
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2009
Sold by
Barnard Douglas and Barnard Joy
Bought by
Birch Bettina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,857
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2004
Sold by
Wells Fargo Bank Na
Bought by
Barnard Douglas and Barnard Joy

Purchase Details

Closed on
Jun 8, 2004
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 31, 2004
Sold by
Wells Fargo Home Mortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 30, 2004
Sold by
Lindsay Greg M
Bought by
Wells Fargo Home Mortgage Inc

Purchase Details

Closed on
May 11, 1995
Sold by
Arnold George C
Bought by
Lindsay Greg M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.5%
Source: Public Records

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Range of Values:

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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
Weigel Derrick A $260,000 First American
Birch Bettina S $140,000 First American
Barnard Douglas $92,000 Fatco
Wells Fargo Bank Na -- Fatco
Federal Home Loan Mortgage Corporation $115,831 Fatco
Wells Fargo Home Mortgage Inc $115,831 Fatco
Lindsay Greg M $89,500 Oregon Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weigel Derrick A $253,792
Closed Weigel Derrick A $255,290
Previous Owner Birch Bettina S $143,620
Previous Owner Birch Bettina S $142,857
Previous Owner Barnard Douglas $110,000
Previous Owner Lindsay Greg M $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2019 05/16/19 Sold $260,000 +4.0% $187 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $250,000 -- $180 / 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 $2,026 $103,139 $0 $0
2022 $1,671 $100,135 $0 $0
2021 $1,602 $97,219 $0 $0
2020 $1,557 $94,388 $0 $0
2019 $1,512 $91,639 $0 $0
2018 $1,470 $88,970 $0 $0
2017 $1,409 $86,379 $0 $0
2016 $1,336 $83,863 $0 $0
2015 $1,175 $73,688 $0 $0
2014 $1,138 $71,542 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19201146

Regional Multiple Listing Service (RMLS)

APN: 01093550