NOT LISTED FOR SALE

503 Kae Ct Unit A Molalla, OR 97038

Estimated Value: $495,000 - $555,000

4 Beds
2.5 Baths
1,756 Sq Ft
$294/Sq Ft Est. Value

Last Sold November 14, 2024

Last sale price $490,000 $279 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,186/month

53 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • 2 Car Attached Garage
  • Contemporary Architecture
  • Cul-De-Sac
  • Double Pane Windows

About This Home

As of November 2024

Gardner's Paradise! NO HOA!! Well maintained one-owner home. Originally designed with a main floor office, it has been thoughtfully converted into an additional bedroom, offering flexibility for your needs. The backyard features numerous raised beds and several edibles-bearing trees, ensuring a bountiful harvest year after year. Enjoy significantly reduced energy bills with the owned 15.5kW solar system (twice the size of the average solar install, this solar install is large enough to meet the normal energy needs of a family of 6, and keeps this home's energy bills to the minimum of $15/mo!). This home marries functionality with eco-friendly living, presenting a unique opportunity for its next owner.

Last Agent to Sell the Property

Brett Branch

Keller Williams Realty Portland Premiere License #201243454 Listed on: 08/15/2024

Keller Williams Realty Portland Premiere

Last Buyer's Agent

VANESA BAUTISTA

eXp Realty LLC License #201247646

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,582

Year Built

  • Built in 2017

Lot Details

  • 8,712 Sq Ft Lot
  • Cul-De-Sac
  • Poultry Coop
  • Level Lot
  • Flag Lot
  • Garden
  • Raised Garden Beds

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,756 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Fiber Optics Available

Additional Features

  • Accessibility Features
  • Solar Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05020227

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,582

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2017
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 490000.0
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: GarageonMain
  • Total Bathrooms: 2.1
  • Interior Amenities: LaminateFlooring
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Electric
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt7000to9999
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: VinylSiding
  • Exterior Features: Garden, PoultryCoop, RaisedBeds, RVParking
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • R V Description: RVParking
  • View: No
  • Lot Features: Cul_de_sac, FlagLot, Level
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: RVAccessParking
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity,Solar
  • Hot Water: Electricity
  • Internet Service Type: FiberOptics
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • 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

  • Farm: No
  • Land Lease: No
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 05020227

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4581.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Nov 8, 2024
Sold by
Mckinney Kevin and Mckinney Christina
Bought by
Tena Arnulfo Mendoza and Torres Gabriela Prado
Seller's Agent
Brett Branch
Keller Williams Realty Portland Premiere
Buyer's Agent
VANESA BAUTISTA
eXp Realty LLC
List Price
$490,000
Sold Price
$490,000
Views
124
Current Estimated Value
$516,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,684
Avg. Annual Appreciation
5.18%
Original Mortgage
$481,124
Outstanding Balance
$475,842
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$40,842

Purchase Details

Closed on
Aug 30, 2017
Sold by
Steve Smelser Homes Inc
Bought by
Mckinney Kevin and Mckinney Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,763
Interest Rate
3.96%
Mortgage Type
USDA

Purchase Details

Closed on
Sep 27, 2016
Sold by
Sas Land Holdings Llc
Bought by
Steve Smelser Homes Inc

Purchase Details

Closed on
Nov 13, 2012
Sold by
Salisbury Construction Llc
Bought by
Sas Land Holdings Llc

Purchase Details

Closed on
Feb 10, 2009
Sold by
Yaw Craig R and Yaw Kathleen M
Bought by
Salisbury Construction Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Tena Arnulfo Mendoza $490,000 First American Title
Tena Arnulfo Mendoza $490,000 First American Title
Mckinney Kevin $319,950 Chicago Title Company Of Or
Steve Smelser Homes Inc $75,000 Chicago Title
Sas Land Holdings Llc -- Accommodation
Salisbury Construction Llc $44,100 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tena Arnulfo Mendoza $481,124
Closed Tena Arnulfo Mendoza $481,124
Previous Owner Mckinney Kevin $323,763
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $490,000 0.0% $279 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $490,000 -- $279 / 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
2025 $5,581 $291,361 -- --
2024 $5,395 $282,875 -- --
2023 $5,395 $274,636 $0 $0
2022 $4,448 $266,637 $0 $0
2021 $4,266 $258,871 $0 $0
2020 $4,147 $251,332 $0 $0
2019 $4,026 $244,012 $0 $0
2018 $3,914 $236,905 $0 $0
2017 $875 $53,610 $0 $0
2016 $829 $52,049 $0 $0
2015 $806 $50,533 $0 $0
2014 $773 $49,061 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24462538

Regional Multiple Listing Service (RMLS)

APN: 05020227