NOT LISTED FOR SALE

508 S Cole Ave Molalla, OR 97038

Estimated Value: $423,000 - $471,000

3 Beds
1 Bath
1,344 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $270,000 $201 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,666/month

7 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Patio
  • Corner Lot
  • Stainless Steel Appliances
  • Living Room

About This Home

As of May 2018

Open today 2-4! Corner lot just two houses from Ivor Davies Nature Park. Fully fenced yard with 10x10 shed. Home is in great condition and boasts a large bonus room currently being used as a 4th bdrm in addition to the 3 bdrms. Living Room has a Hearth and Capped pipe for Wood/Pellet Stove. Exterior paint just completed, New stainless dishwasher, Gutter guards, New Vinyl Windows, ETC...

Last Agent to Sell the Property

Andrea Jarvis

Pete Anderson Realty Assoc, Inc. License #200712098 Listed on: 04/09/2018

Last Buyer's Agent

Luis Serrano

MORE Realty License #980400070

MORE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,270

Year Built

  • Built in 1972

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Laminate Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility
  • Minimal Steps

Outdoor Features

  • Patio
  • Shed

Schools

  • Molalla Elementary School
  • Molalla High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01106396

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,270

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1972
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Dishwasher
  • Room 9 Features: SlidingDoors
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: MinimalSteps, OneLevel
  • Total Bathrooms: 1.0
  • Interior Amenities: LaminateFlooring, Laundry
  • Room 4 Description: BonusRoom
  • Room 4 Features: CeilingFan
  • Room 4 Level: Main
  • Room 5 Description: Laundry
  • Room 5 Level: Main
  • Basement: CrawlSpace
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • 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: CementSiding
  • Exterior Features: Fenced, Patio, ToolShed
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Molalla
  • High School: Molalla

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 01106396

Green Features

  • Green Certification: No

Tax Info

  • Tax Annual Amount: 2269.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
May 17, 2018
Sold by
Branham Amity J
Bought by
Ramirez America Maldonado and Lopez Ezequiel Lopez
Seller's Agent
Andrea Jarvis
Pete Anderson Realty Assoc, Inc.
Buyer's Agent
Luis Serrano
MORE Realty
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%
Current Estimated Value
$440,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,232
Avg. Annual Appreciation
6.85%
Original Mortgage
$261,900
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Branham Amity

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,533
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2010
Sold by
Estey Laura A
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 30, 2007
Sold by
Bird Jacklyn A
Bought by
Estey Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,250
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Ramirez America Maldonado $270,000 Wfg Title
Branham Amity $126,425 Service Link
Federal Home Loan Mortgage Corp $154,261 None Available
Estey Laura A $199,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Ezequiel Lopez $259,000
Closed Ramirez America Maldonado $261,900
Previous Owner Branham Amity $129,533
Previous Owner Estey Laura A $149,250
Previous Owner Estey Laura A $29,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Sold $270,000 +1.9% $201 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $265,000 -- $197 / 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 $3,263 $171,085 -- --
2023 $3,263 $166,102 $0 $0
2022 $2,690 $161,265 $0 $0
2021 $2,580 $156,568 $0 $0
2020 $2,508 $152,008 $0 $0
2019 $2,435 $147,581 $0 $0
2018 $2,367 $143,283 $0 $0
2017 $2,270 $139,110 $0 $0
2016 $2,152 $135,058 $0 $0
2015 $2,091 $131,124 $0 $0
2014 $2,006 $127,305 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18194385

Regional Multiple Listing Service (RMLS)

APN: 01106396