$278,500
SOLD JUN 10, 2025

515 May St Molalla, OR 97038

3 Beds
2 Baths
1,492 Sq Ft
6,969 Sq Ft Lot

Recently Sold

$187 Per Sq Ft

7% Below List Price

5 Days on Market

Highlights

  • Wood Burning Stove
  • 2 Fireplaces
  • No HOA
  • Wood Flooring
  • Private Yard
  • Built-In Double Oven

About This Home

As of June 2025

Attention investors and or buyers looking for a great deal! Cash only fixer. Must close prior to June 26th 2025. 3 bed 2 bath with large front yard and deep driveway. The following has been completed in the last 10 years. Some re-piped plumbing,electrical panel,sewer line and wood stove insert. Natural gas is ran to the home but not connected. Shed in the backyard. Original 1959 kitchen cabinets with built ins. Vinyl windows. Home will not finance. Selling As Is and sellers to do no repairs.

Last Agent to Sell the Property

Audie Powell

Equity Oregon Real Estate License #200504196 Listed on: 05/25/2025

Last Buyer's Agent

AMY ANDERSON

Equity Oregon Real Estate License #200702063

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 1959

Lot Details

  • 6,969 Sq Ft Lot
  • Fenced
  • Level Lot
  • Private Yard

Parking

  • Driveway

Home Design

  • Fixer Upper
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

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

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Shed

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01106528

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,500

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1959
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 278500.0
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: OneLevel
  • Total Bathrooms: 2.0
  • Fireplaces: 2
  • Interior Amenities: HighSpeedInternet, WoodFloors
  • Basement: None
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: BuiltinOven, Cooktop, Dishwasher, DoubleOven
  • 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: WoodSiding
  • Exterior Features: Fenced, 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
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: FiberOptics
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, 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: 2024
  • Tax Annual Amount: 4499.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2025
Closed on
Jun 6, 2025
Sold by
Sayers Matt G and Sayers Tauna
Bought by
Gengler Jonathon and Gengler Courtney
Seller's Agent
Audie Powell
Equity Oregon Real Estate
Buyer's Agent
AMY ANDERSON
Equity Oregon Real Estate
List Price
$299,900
Sold Price
$278,500
Premium/Discount to List
-$21,400
-7.14%
Views
75
Current Estimated Value
$367,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,204
Avg. Annual Appreciation
60.15%

Purchase Details

Closed on
Jan 26, 2018
Sold by
Sayers Matthew
Bought by
Sayers Matt G and Sayers Tauna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2016
Sold by
Halverson Russell J and Syphard David R
Bought by
Sayers Mathew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,910
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2016
Sold by
Syphard Carmajo
Bought by
Syphard David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,910
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2009
Sold by
Halverson Russell and Syphard David
Bought by
Templeman Ron D and Templeman Stephanie

Purchase Details

Closed on
Oct 4, 2007
Sold by
Whipple Betty R
Bought by
Halverson Russell J and Syphard David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2025 06/10/25 Sold $278,500 -7.1% $187 / Sq Ft
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)

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 $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

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 600817891

Regional Multiple Listing Service (RMLS)

APN: 01106528