NOT LISTED FOR SALE

524 S Molalla Ave Molalla, OR 97038

Estimated Value: $598,000 - $735,000

4 Beds
3 Baths
4,086 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $520,000 $127 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,058/month

Highlights

  • Deck
  • Hydromassage or Jetted Bathtub
  • Corner Lot
  • Wood Flooring
  • 2 Fireplaces
  • Private Yard

About This Home

As of October 2021

Built in 1930 this home has all the charm and craftsmanship of its era. With a large fenced corner lot located in Molalla near library and park. Walk to downtown. Unique features include MIL apartment, built-in china cabinets, hardwood floors, generous master bedroom with walk in closets. All bedrooms are spacious. Large utility room/pantry. Fenced garden area, lots of storage and place to park RV. Must see!

Last Agent to Sell the Property

Ed Stafford

RE/MAX HomeSource License #200202015 Listed on: 05/22/2021

RE/MAX HomeSource

Last Buyer's Agent

Maria Ramos

Oregon First License #201217818

Oregon First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,237

Year Built

  • Built in 1930

Lot Details

  • Fenced
  • Corner Lot
  • Level Lot
  • Private Yard
  • Garden
  • Raised Garden Beds
  • Property is zoned R3

Parking

  • Attached Garage
  • Off-Street Parking

Home Design

  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • Hydromassage or Jetted Bathtub
  • 3-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Deck
  • Shed

Additional Homes

  • Dwelling with Separate Living Area

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,237

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Tudor
  • Sq Ft Calculated: 2685
  • Sq Ft Approximate Total: 4086
  • Stories: 3
  • Year Built: 1930
  • Property Condition: Approximately
  • Remarks Public: Built in 1930 this home has all the charm and craftsmanship of its era. With a large fenced corner lot located in Molalla near library and park. Walk to downtown. Unique features include MIL apartment, built-in china cabinets, hardwood floors, generous master bedroom with walk in closets. All bedrooms are spacious. Large utility room/pantry. Fenced garden area, lots of storage and place to park RV. Must see!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Room Features: Pantry, Walk in Closet, Wall to Wall Carpet, Vinyl Floor
  • Additional Rooms: Utility Room, 4th Bedroom, 2nd Kitchen
  • All Room Features: Built-in Features, Ceiling Fan(s), Dishwasher, Eating Area, Fireplace, Hardwood Floors, Pantry, Walk in Closet, Wall to Wall Carpet, Double Closet, Granite, Vinyl Floor
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 2.1
  • Fireplace Description: Gas, Stove
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s), Hardwood Floors, Wall to Wall Carpet, Jetted Tub, Separate Living Quarters/Apartment/Aux Living Unit, Wood Floors
  • Kitchen Appliances: Dishwasher, Granite, Free-Standing Gas Range, Range Hood
  • Legal Description: 370 METZLER & HARTS ADD TO MOLALLA PT LTS 3&4 BLK 8 116 MOLALLA P
  • Sq Ft Lower Level: 1401
  • Sq Ft Main Level: 1543
  • Upper Level Sq Ft: 1142
  • Bedrooms: 4
  • Master Bedroom: Features: Hardwood Floors, Double Closet,On Level: Upper,Dimensions: 13x16
  • Bedroom 2: On Level: Main,Dimensions: 12x11
  • Bedroom 3: On Level: Upper,Dimensions: 14x11
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: Finished, Full Basement
  • Dining Room: Features: Built-in Features, Hardwood Floors,On Level: Main,Dimensions: 15x12
  • Family Room: Features: Fireplace, Wall to Wall Carpet,On Level: Lower,Dimensions: 16x15
  • Living Room: Features: Ceiling Fan(s), Fireplace, Hardwood Floors,On Level: Main,Dimensions: 23x22
  • Kitchen: Features: Dishwasher, Eating Area, Granite, Vinyl Floor,On Level: Main,Dimensions: 10x11
  • Additional Room 1: Description: 4th Bedroom,Features: Walk in Closet, Wall to Wall Carpet,On Level: Lower,Dimensions: 14x11
  • Additional Room 2: Description: 2nd Kitchen,Features: Pantry, Vinyl Floor,On Level: Lower,Dimensions: 14x12
  • Additional Room 3: Description: Utility Room,On Level: Lower,Dimensions: 7x4
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 1

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Deck, Fenced, Garden, Tool Shed, Yard, Raised Beds
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • View: City, Park/Greenbelt
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Attached
  • Parking Description: Off Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Internet Service Type: DSL

Schools

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

Lot Info

  • Lot Description: Corner Lot, Level
  • Acres: 0.27
  • Zoning: R3

Tax Info

  • Tax Amount: 4794.11
  • Assessor Parcel Number: 01092819
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Oct 6, 2021
Sold by
Frerichs Myron G and Frerichs Zonda L
Bought by
Reamy Denena E
Seller's Agent
Ed Stafford
RE/MAX HomeSource
Buyer's Agent
Maria Ramos
Oregon First
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%
Current Estimated Value
$667,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,159
Avg. Annual Appreciation
6.46%
Original Mortgage
$501,744
Outstanding Balance
$458,535
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$208,624

Purchase Details

Closed on
Jun 1, 1990
Bought by
Frerichs Myron G and Frerichs Zonda 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 Buyer Sale Price Title Company
Reamy Denena E $529,000 First American
Frerichs Myron G $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reamy Denena E $501,744
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $520,000 -1.7% $127 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/10/2021 06/10/21 Price Changed $529,000 -3.6% $129 / Sq Ft
05/22/2021 05/22/21 For Sale $549,000 -- $134 / 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 $6,237 $327,025 -- --
2023 $6,237 $317,500 $0 $0
2022 $5,143 $308,253 $0 $0
2021 $4,932 $299,275 $0 $0
2020 $4,794 $290,559 $0 $0
2019 $4,655 $282,097 $0 $0
2018 $4,525 $273,881 $0 $0
2017 $4,338 $265,904 $0 $0
2016 $4,113 $258,159 $0 $0
2015 $3,996 $250,640 $0 $0
2014 $3,872 $243,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21349847

Regional Multiple Listing Service (RMLS)

APN: 01092819