$445,000
SOLD AUG 15, 2025

516 Pegasus Ct Molalla, OR 97038

3 Beds
2 Baths
1,492 Sq Ft
1995 Built

Recently Sold

$298 Per Sq Ft

9% Below List Price

41 Days on Market

Highlights

  • RV Access or Parking
  • Private Yard
  • Cul-De-Sac
  • Vaulted Ceiling
  • No HOA
  • 1-minute walk to Fryer Park

About This Home

As of August 2025

Huge Price Recduction!!! Lovely well lit and maintained one level home on a dead end street. Featuring gas and electric, lots of room inside also featuring gated gravel Rv Parking. Must See

Last Agent to Sell the Property

Sheila Carmody

MORE Realty Brokerage Phone: 503-550-4462 License #201214203 Listed on: 06/07/2025

MORE Realty

Last Buyer's Agent

Andy Wilber

Ranch-N-Home Realty, Inc License #201238262

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,181

Year Built

  • Built in 1995

Lot Details

  • Cul-De-Sac
  • Level Lot
  • Private Yard
  • Property is zoned R3

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,492 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Natural Light
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Laundry Room
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Accessible Doors
  • Level Entry For Accessibility
  • Accessible Entrance

Schools

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

Utilities

  • Cooling Available
  • 90% Forced Air Heating System
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01637517

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,181

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1995
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Pantry
  • Room 12 Features: BayWindow,Fireplace
  • Special Features: None

Interior Features

  • Accessibility Features: AccessibleDoors, AccessibleEntrance, GarageonMain, GroundLevel, NaturalLighting
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, GarageDoorOpener, Laundry, VaultedCeiling, VinylFloor
  • Room 4 Description: UtilityRoom
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt5000to6999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 42
  • Bedroom 7 Area: 100
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 100
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: RVParking, RVBoatStorage, Yard
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • R V Description: RVParking,RVBoatStorage
  • View: No
  • Lot Features: Cul_de_sac, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Internet Service Type: Cable,Satellite
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir90, HeatPump
  • 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
  • Zoning: R3
  • Land Lease: No
  • Parcel #: 01637517

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4180.67
  • Tax Opportunity Zone: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2025
Closed on
Aug 13, 2025
Sold by
Day Ashley C and Stewart Chris
Bought by
Trevino Gabriel Anthony
Seller's Agent
Sheila Carmody
MORE Realty
Buyer's Agent
Andy Wilber
Ranch-N-Home Realty, Inc
List Price
$489,000
Sold Price
$445,000
Premium/Discount to List
-$44,000
-9%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%

Purchase Details

Closed on
Sep 1, 2021
Sold by
Day Timothy O and Day Ashley C
Bought by
Day Ashley C and Stewart Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2016
Sold by
Tobar Amy E and Tobar Jerome P
Bought by
Day Timothy O and Stewart Ashley C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,701
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Irwin Arbie G and Irwin Bonnie L
Bought by
Tobar Amy E and Tobar Jerome P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,278
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 1997
Sold by
Parr Farms Inc
Bought by
Irwin Arbie G and Irwin Bonnie L
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 Type Sale Price Title Company
Warranty Deed $445,000 Ticor Title
Bargain Sale Deed $70,000 First American Title
Warranty Deed $237,000 Wfg Title
Warranty Deed $199,900 Chicago Title Ins Co Of Or
Warranty Deed $127,500 Chicago Title Insurance Co
Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $320,000 New Conventional
Previous Owner $243,701 New Conventional
Previous Owner $196,278 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Sold $445,000 -1.1% $298 / Sq Ft
07/18/2025 07/18/25 Pending -- -- --
06/28/2025 06/28/25 Price Changed $449,999 -4.3% $302 / Sq Ft
06/22/2025 06/22/25 Price Changed $470,000 -3.9% $315 / Sq Ft
06/07/2025 06/07/25 For Sale $489,000 -- $328 / 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 $4,181 $219,207 -- --
2023 $4,181 $212,823 $0 $0
2022 $3,447 $206,625 $0 $0
2021 $3,306 $200,607 $0 $0
2020 $3,214 $194,765 $0 $0
2019 $3,120 $189,093 $0 $0
2018 $3,033 $183,585 $0 $0
2017 $2,908 $178,238 $0 $0
2016 $2,757 $173,047 $0 $0
2015 $2,679 $168,007 $0 $0
2014 $2,574 $163,114 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 252422308

Regional Multiple Listing Service (RMLS)

APN: 01637517