NOT LISTED FOR SALE

502 E 4th St Molalla, OR 97038

Estimated Value: $316,000 - $425,000

4 Beds
1 Bath
1,410 Sq Ft
$256/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $265,000 $188 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,156/month

80 Days on Market

Highlights

  • Corner Lot
  • Wood Frame Window
  • Wood Siding
  • Covered Patio or Porch
  • Ceiling Fan

About This Home

As of May 2021

AS-IS. Come take a peak at this charming 1920's home! This well taken care of home is awaiting your personal touch. Walking trails and schools! Buyers to do own diligence on property use. Large double lot on the corner!

Last Agent to Sell the Property

Kami Smith

Northwest Professional Realty License #201233148 Listed on: 02/24/2021

Last Buyer's Agent

Katie Ross

Rainbow Realty NW License #201206791

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,261

Year Built

  • Built in 1920

Lot Details

  • Corner Lot
  • Property is zoned R1

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Crawl Space

Additional Features

  • Covered Patio or Porch
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,261

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 2 Story
  • Sq Ft Calculated: 1410
  • Sq Ft Approximate Total: 1410
  • Stories: 2
  • Year Built: 1920
  • Property Condition: Resale
  • Remarks Public: AS-IS. Come take a peak at this charming 1920's home! This well taken care of home is awaiting your personal touch. Walking trails and schools! Buyers to do own diligence on property use. Large double lot on the corner!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Interior Amenities: Ceiling Fan(s)
  • Legal Description: 382 LAURELWOOD ADD LTS 1 & 2 BLK 12
  • Sq Ft Main Level: 710
  • Upper Level Sq Ft: 700
  • Bedrooms: 4
  • Master Bedroom: On Level: Main
  • Full Bathrooms: 1
  • Basement: Crawl Space
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1
  • Window Features: Wood Frames

Exterior Features

  • Exterior Description: Wood Siding
  • Exterior Features: Covered Patio
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • Foundation Details: Block
  • Road Surface: Gravel

Garage/Parking

  • Parking Description: Off Street

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Schools

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

Lot Info

  • Lot Description: Corner Lot
  • Acres: 0.24
  • Zoning: R1

Tax Info

  • Tax Amount: 1738.18
  • Assessor Parcel Number: 01099714
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
May 27, 2021
Sold by
Moffitt Reainnella and Moffitt Reainella
Bought by
Sayre Koby and Sayre Josie
Seller's Agent
Kami Smith
Northwest Professional Realty
Buyer's Agent
Katie Ross
Rainbow Realty NW
List Price
$305,000
Sold Price
$265,000
Premium/Discount to List
-$40,000
-13.11%
Current Estimated Value
$361,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,286
Avg. Annual Appreciation
8.57%

Purchase Details

Closed on
Jan 21, 2021
Sold by
Molalla Vision Clinic
Bought by
Department Of Transportation
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
Sayre Koby $265,000 Wfg Title
Department Of Transportation -- Fidelity Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sayre Koby $270,000
Previous Owner Moffitt Reainella $24,000
Previous Owner Moffitt Joseph C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $265,000 -5.3% $188 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/12/2021 05/12/21 Price Changed $279,900 -8.2% $199 / Sq Ft
05/12/2021 05/12/21 For Sale $305,000 0.0% $216 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/15/2021 04/15/21 Price Changed $305,000 -3.2% $216 / Sq Ft
03/29/2021 03/29/21 Price Changed $315,000 -3.1% $223 / Sq Ft
02/24/2021 02/24/21 For Sale $325,000 -- $230 / 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 $2,261 $115,114 $0 $0
2022 $1,865 $111,762 $0 $0
2021 $1,788 $108,507 $0 $0
2020 $1,738 $105,347 $0 $0
2019 $1,688 $102,279 $0 $0
2018 $1,640 $99,300 $0 $0
2017 $1,573 $96,408 $0 $0
2016 $1,491 $93,600 $0 $0
2015 $1,449 $90,874 $0 $0
2014 $1,404 $88,227 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kami Smith

    Seller's Agent in 2021

    Kami Smith

    Northwest Professional Realty

    (503) 894-4567

    13 Total Sales

    Kami Smith
    Section Image
  • Katie Ross

    Buyer's Agent in 2021

    Katie Ross

    Rainbow Realty NW

    (503) 577-4643

    57 Total Sales

    Katie Ross
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21137315

Regional Multiple Listing Service (RMLS)

APN: 01099714

Oregon Clackamas County Molalla 97038

502 E 4th St, Molalla, OR

This home is located at 502 E 4th St, Molalla, OR 97038 since 24 February 2021 and is currently estimated at $361,286, approximately $256 per square foot. This property was built in 1920. 502 E 4th St 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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