$448,500
OPEN SAT 11AM - 1PM

515 May St Molalla, OR 97038

Estimated payment $2,722/month

3 Beds
2 Baths
1,492 Sq Ft
$301 Price per Sq Ft

Highlights

  • Wood Burning Stove
  • Private Yard
  • Double Oven
  • Wood Flooring
  • No HOA
  • Stainless Steel Appliances

About This Home

This home has been beautifully updated and refreshed throughout, offering a wonderful blend of modern improvements and timeless charm. A brand-new roof with a transferable warranty provides added peace of mind. Inside, lovely hardwood floors flow through the living room, hallway, and all three bedrooms. A newly installed mini-split system provides efficient heating and cooling, while each bedroom is also equipped with its own cadet heater for added comfort. The kitchen has been thoughtfully updated with refreshed cabinetry, updated countertops, pantry storage, and classic built-ins with sliding glass doors—perfect for displaying your favorite pieces. The adjacent dining area features a door that opens to the patio and backyard, creating an easy transition for outdoor dining and entertaining.Just off the dining area is a second bathroom and access to a spacious laundry room that offers abundant storage and the potential for a small workshop area, adding extra convenience. Both bathrooms have been tastefully updated with new flooring, vanities and lighting. Additional improvements include scraped and refinished ceilings, fresh interior and exterior paint, updated doors, hardware, and trim throughout. The inviting living room features a classic brick hearth with a certified wood stove insert and a large window that fills the space with natural light. Out front, updated siding and a welcoming covered porch finished with tongue-and-groove, recessed lighting and beautifully wrapped posts create standout curb appeal that will draw you in. Don't miss this one!

Listing Agent

AMY ANDERSON

Equity Oregon Real Estate License #200702063 Listed on: 03/13/2026

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,655

Year Built

  • Built in 1959

Lot Details

  • 6,969 Sq Ft Lot
  • Fenced
  • Level Lot
  • Private Yard
  • Raised Garden Beds

Home Design

  • Composition Roof
  • Wood Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,492 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Double Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Tile Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Fiber Optics Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01106528

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,655

Year Built

Built in 1959

Lot Details

6,969 Sq Ft Lot

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1959
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 448500.0
  • Open House: Yes
  • Room 11 Features: BuiltinFeatures,Dishwasher,Disposal,Pantry
  • Room 12 Features: FireplaceInsert,HardwoodFloors
  • Room 13 Features: BuiltinFeatures,HardwoodFloors
  • Room 7 Features: HardwoodFloors
  • Room 8 Features: HardwoodFloors
  • Room 9 Features: ExteriorEntry
  • Special Features: OpenHouse

Interior Features

  • Accessibility Features: OneLevel, WalkinShower
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, LuxuryVinylPlank, VinylFloor
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Cooktop, Dishwasher, DoubleOven, Pantry, RangeHood, StainlessSteelAppliance, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Insert, WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • 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,WoodSiding
  • Exterior Features: Fenced, Patio, Porch, RaisedBeds, ToolShed, Yard
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: FiberOptics
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit, WallHeater, WoodStove
  • 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: 0.16
  • Lot Size Sq Ft: 6969.0
  • Parcel #: 01106528

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 4655.04

Map

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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 $4,655 $243,008 -- --
2024 $4,500 $235,931 -- --
2023 $4,500 $229,060 -- --
2022 $3,710 $222,389 $0 $0
2021 $3,558 $215,912 $0 $0
2020 $3,459 $209,624 $0 $0
2019 $3,358 $203,519 $0 $0
2018 $3,264 $197,591 $0 $0
2017 $3,130 $191,836 $0 $0
2016 $2,967 $186,249 $0 $0
2015 $2,883 $180,824 $0 $0
2014 $2,793 $175,557 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2026 03/13/26 For Sale $448,500 +61.0% $301 / Sq Ft
06/10/2025 06/10/25 Sold $278,500 -7.1% $187 / Sq Ft View Prior Sale
05/30/2025 05/30/25 Pending -- -- --
05/25/2025 05/25/25 For Sale $299,900 -- $201 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $278,500 First American Title
Interfamily Deed Transfer -- Old Republic Title
Warranty Deed $209,000 First American
Interfamily Deed Transfer -- Accommodation
Warranty Deed $95,000 Ticor Title
Warranty Deed $235,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $235,000 New Conventional
Previous Owner $214,910 New Conventional
Previous Owner $188,000 Purchase Money Mortgage
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 613013643

Regional Multiple Listing Service (RMLS)

APN: 01106528

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