$225,000
SOLD NOV 8, 2024

409 Ridings Ave Molalla, OR 97038

3 Beds
2 Baths
1,344 Sq Ft
5,662 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Shed
  • Dining Room
  • Living Room
  • Forced Air Heating System
  • Family Room

About This Home

As of May 2025

Investment Opportunity in Molalla, OR!This 1996 Manufactured Home sits on a corner lot and offers a unique investment opportunity. The home presents a blank canvas for renovation enthusiasts. Conveniently located near Molalla River Middle School, Clark Park, Molalla River State Park, and various local amenities, this property is perfect for those looking to create their dream home or a profitable investment. Please note, this home is being sold as-is and Cash Only. Contact us today for more information!

Last Agent to Sell the Property

Lance Weinard

Soldera Properties, Inc License #201215574 Listed on: 09/10/2024

Last Buyer's Agent

Roxanne Hayslip

Windermere Northwest Living License #201225808

Windermere Northwest Living

Property Details

Home Type

  • Manufactured Home With Land

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1996

Lot Details

  • 5,662 Sq Ft Lot
  • Gentle Sloping Lot

Parking

  • Carport

Home Design

  • Block Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Free-Standing Range
  • Washer and Dryer

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05000619

Property Details

Home Type

Manufactured Home With Land

Est. Annual Taxes

$1,400

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1996
  • Property Condition: Resale
  • Property Sub Type: ManufacturedHomeonRealProperty
  • Architectural Style: Stories1, ManufacturedHome
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Interior Amenities: VinylFloor, WalltoWallCarpet, WasherDryer
  • Basement: CrawlSpace
  • Window Features: VinylFrames
  • Appliances: FreeStandingRange, FreeStandingRefrigerator, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt5000to6999
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: T111Siding
  • Exterior Features: ToolShed
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Block
  • View: No
  • Lot Features: GentleSloping
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Carport
  • Parking Description: Carport
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • 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

  • Land Lease: No
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662.0
  • Parcel #: 05000619

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 1399.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
May 8, 2025
Sold by
Nylund Inc
Bought by
Jurries Brooke
Seller's Agent
Roxanne Hayslip
Windermere Northwest Living
Buyer's Agent
Carrie Welch
Oregon First
List Price
$369,000
Sold Price
$367,000
Premium/Discount to List
-$2,000
-0.54%
Total Days on Market
2
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-53.26%
Original Mortgage
$18,018
Outstanding Balance
$18,018
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$297,200

Purchase Details

Listed on
Sep 10, 2024
Closed on
Nov 7, 2024
Sold by
Frazee Vernon W
Bought by
Frazee Vernon W
Seller's Agent
Lance Weinard
Soldera Properties, Inc
Buyer's Agent
Roxanne Hayslip
Windermere Northwest Living
List Price
$225,000
Sold Price
$225,000
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
166.05%
Original Mortgage
$140,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2000
Sold by
Webb Douglas M and Webb Judith A
Bought by
Frazee Helen A and Frazee Vernon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.17%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed $367,000 Wfg National Title
Bargain Sale Deed -- Lawyers Title
Warranty Deed $40,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $18,018 New Conventional
Open $360,352 FHA
Previous Owner $140,000 New Conventional
Previous Owner $91,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $367,000 0.0% $273 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
03/28/2025 03/28/25 Price Changed $367,000 -0.3% $273 / Sq Ft
03/07/2025 03/07/25 Price Changed $368,000 -0.3% $274 / Sq Ft
02/28/2025 02/28/25 For Sale $369,000 +64.0% $275 / Sq Ft
11/08/2024 11/08/24 Sold $225,000 0.0% $167 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $225,000 -- $167 / 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 $1,648 $83,888 $0 $0
2022 $1,359 $81,445 $0 $0
2021 $1,303 $79,073 $0 $0
2020 $1,267 $76,770 $0 $0
2019 $1,230 $74,534 $0 $0
2018 $1,195 $72,363 $0 $0
2017 $1,146 $70,255 $0 $0
2016 $1,087 $68,209 $0 $0
2015 $1,056 $66,222 $0 $0
2014 $1,023 $64,293 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24364961

Regional Multiple Listing Service (RMLS)

APN: 05000619