NOT LISTED FOR SALE

648 S Molalla Ave Molalla, OR 97038

Estimated Value: $455,000 - $547,000

3 Beds
2 Baths
1,736 Sq Ft
$280/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $349,900 $202 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,972/month

21 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Quartz Countertops
  • American Four Square Architecture
  • Loft
  • No HOA

About This Home

As of October 2018

Opportunity to own a classic vintage home in the heart of Molalla. This renovation was carefully executed to stick to original charm, while adding all modern conveniences of today. This house features hand-scraped hardwood floors, designer kitchen, and extensive tile work. Efficient floor plan that lives large. This one is a must see with too many updates to list.

Last Agent to Sell the Property

chandler willcuts

Willcuts Company Real Estate License #201111034 Listed on: 07/14/2018

Co-Listed By

Jacob Fehringer

Willcuts Company Real Estate License #201219179

Last Buyer's Agent

Dan Graham

John L. Scott Market Center License #941100110

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,980

Year Built

  • Built in 1925

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • American Four Square Architecture
  • Bungalow
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,736 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Wood Flooring
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Range Hood
  • Stainless Steel Appliances
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01108045

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,980

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1925
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow, FourSquare
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 12 Features: Fireplace
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: Quartz, VaultedCeiling, WoodFloors
  • Room 4 Description: Loft
  • Room 4 Level: Upper
  • Basement: CrawlSpace
  • Appliances: Disposal, FreeStandingRange, Quartz, RangeHood, StainlessSteelAppliance, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 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
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Patio, Porch
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • 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

  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 01108045

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 1979.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2018
Closed on
Oct 15, 2018
Sold by
Howell Zachary P and Shelby Brody L
Bought by
Tarkalson Roberta
Seller's Agent
chandler willcuts
Willcuts Company Real Estate
Buyer's Agent
Dan Graham
John L. Scott Market Center
List Price
$379,900
Sold Price
$349,900
Premium/Discount to List
-$30,000
-7.9%
Current Estimated Value
$485,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,904
Avg. Annual Appreciation
4.69%
Original Mortgage
$349,900
Outstanding Balance
$314,867
Interest Rate
4.5%
Mortgage Type
USDA
Estimated Equity
$164,359

Purchase Details

Listed on
May 8, 2017
Closed on
Oct 19, 2017
Sold by
Fannie Mae
Bought by
Howell Zachary P and Shelby Brody L
Seller's Agent
MSQ Properties, Inc
World Wide Realty Inc
Buyer's Agent
Jacob Fehringer
Willcuts Company Real Estate
List Price
$199,000
Sold Price
$160,000
Premium/Discount to List
-$39,000
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.42%

Purchase Details

Closed on
Mar 22, 2017
Sold by
Meling Kevin L and Meling Carol A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 22, 2016
Sold by
Meling Kevin L and Meling Carol A
Bought by
Wells Fargo Bank Na and Americas Servicing Company

Purchase Details

Closed on
May 15, 2006
Sold by
Macdonald Nancy
Bought by
Meling Kevin L and Meling Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 11, 2006
Sold by
Macdonald Nancy L
Bought by
Meling Kevin L and Meling Carol A
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
Tarkalson Roberta $349,900 First American Title
Howell Zachary P $160,000 Nextitle
Federal National Mortgage Association $210,198 None Available
Wells Fargo Bank Na $210,198 None Available
Meling Kevin L $145,000 Accommodation
Meling Kevin L $145,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarkalson Roberta $349,900
Previous Owner Meling Carol $14,816
Previous Owner Meling Kevin L $141,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $349,900 -7.9% $202 / Sq Ft
08/04/2018 08/04/18 Pending -- -- --
07/14/2018 07/14/18 For Sale $379,900 +137.4% $219 / Sq Ft
10/20/2017 10/20/17 Sold $160,000 -19.6% $92 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $199,000 -- $115 / 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
2023 $3,904 $198,736 $0 $0
2022 $3,219 $192,948 $0 $0
2021 $3,087 $187,329 $0 $0
2020 $3,001 $181,873 $0 $0
2019 $2,914 $176,576 $0 $0
2018 $2,065 $124,993 $0 $0
2017 $1,980 $121,352 $0 $0
2016 $1,877 $117,817 $0 $0
2015 $1,824 $114,385 $0 $0
2014 $1,767 $111,053 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18168206

Regional Multiple Listing Service (RMLS)

APN: 01108045