NOT LISTED FOR SALE

432 S Molalla Ave Molalla, OR 97038

Estimated Value: $377,000 - $403,000

3 Beds
2 Baths
2,111 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $180,000 $85 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,315/month

About This Home

As of September 2021

Home is sold "as-is" and seller will not do any repairs. Short Sale subject to 3rd party approval.

Last Agent to Sell the Property

Mia McCormick

Redfin License #201216540 Listed on: 03/27/2020

Redfin

Last Buyer's Agent

Tamara Ternahan

Equity Oregon Real Estate License #960500050

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,127

Year Built

  • Built in 1920

Lot Details

  • 10,193

Home Design

  • Fixer Upper
  • Wood Siding
  • Concrete Perimeter Foundation

Additional Features

  • 1-Story Property
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,127

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2111
  • Stories: 1
  • Year Built: 1920
  • Property Condition: Fixer
  • Remarks Public: Home is sold "as-is" and seller will not do any repairs. Short Sale subject to 3rd party approval.
  • Unreinforced Masonry Building: Unknown
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 116 MOLALLA PT LT 9

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Concrete

Utilities

  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Lot Info

  • Zoning: R2

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 2268.27
  • Assessor Parcel Number: 01092757
  • Tax Year: 2018

Multi Family

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

MLS Schools

  • High School: Molalla
  • Middle School: Baker Prairie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2022
Sold by
Patrick Jonathon
Bought by
Hungerford Louis and Hungerford Angelia
Current Estimated Value
$387,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Outstanding Balance
$278,139
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$99,474

Purchase Details

Listed on
Mar 27, 2020
Closed on
Sep 20, 2021
Sold by
Reed Christy L
Bought by
Patrick Jonathon
Seller's Agent
Mia McCormick
Redfin
Buyer's Agent
Tamara Ternahan
Equity Oregon Real Estate
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.29%

Purchase Details

Closed on
May 8, 2001
Sold by
Gmac Mtg Corp
Bought by
Va

Purchase Details

Closed on
Mar 30, 2000
Sold by
Reed Ricky D
Bought by
Reed Ricky D and Reed Christy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,050
Interest Rate
9.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 1995
Sold by
Lewis Linda
Bought by
Reed Ricky D and Reed Ellen M

Purchase Details

Closed on
Aug 7, 1995
Sold by
Reed Ellen M
Bought by
Reed Ricky D

Purchase Details

Closed on
May 1, 1995
Sold by
Rivers Patricia J and Rivers William A
Bought by
Reed Ricky D and Reed Ellen M
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
Hungerford Louis $385,000 --
Patrick Jonathon $180,000 Wfg Title
Va -- First American Title Ins Co
Gmac Mtg Corp $123,382 First American Title Ins Co
Reed Ricky D -- Pacific Nw Title
Reed Ricky D -- Stewart Title
Reed Ricky D -- Stewart Title
Reed Ricky D -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hungerford Louis $287,000
Previous Owner Reed Ricky D $113,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $180,000 0.0% $85 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/11/2021 03/11/21 Off Market $180,000 -- --
03/04/2021 03/04/21 For Sale $180,000 0.0% $85 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $180,000 -- $85 / 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
2024 $3,127 $163,942 -- --
2023 $3,127 $159,167 $0 $0
2022 $2,578 $154,532 $0 $0
2021 $2,472 $150,032 $0 $0
2020 $2,403 $145,663 $0 $0
2019 $2,333 $141,421 $0 $0
2018 $2,268 $137,302 $0 $0
2017 $2,175 $133,303 $0 $0
2016 $2,062 $129,420 $0 $0
2015 $2,003 $125,650 $0 $0
2014 $1,941 $121,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Buyer's Agent in 2021

    Tamara Ternahan

    Equity Oregon Real Estate

    (503) 266-3657

    5 Total Sales

    Tamara Ternahan
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20005208

Regional Multiple Listing Service (RMLS)

APN: 01092757

Oregon Clackamas County Molalla 97038

432 S Molalla Ave, Molalla, OR

This home is located at 432 S Molalla Ave, Molalla, OR 97038 since 27 March 2020 and is currently estimated at $387,391, approximately $183 per square foot. This property was built in 1920. 432 S Molalla Ave is a home located in Clackamas County with nearby schools including Molalla River Academy, Country Christian School, and Oregon Outreach - Molalla Pride.

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