NOT LISTED FOR SALE

721 W Main St Molalla, OR 97038

Estimated Value: $579,000 - $734,000

4 Beds
2 Baths
2,240 Sq Ft
$296/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $665,000 $297 Per Sq Ft

Current estimated payment $4,000/month

Highlights

  • Second Garage
  • Territorial View
  • No HOA
  • RV Access or Parking
  • Private Yard
  • 2 Car Detached Garage

About This Home

As of August 2022

Great opportunity for a 1 acre commercial/residential property in growing Molalla! With new businesses popping up all over the opportunities are endless. Zoned C2, this property boasts a residential home (could be office), a 24'x36' shop, and a couple of other outbuildings - all on level usable land. Ample room for parking/trucks and additional buildings. House has some upgrades including windows, heating/cooling, metal roof, etc. Great opportunity - don't let this one pass by!

Last Agent to Sell the Property

Jason Gooing

ERA Freeman & Associates License #920600131 Listed on: 01/14/2022

Co-Listed By

Jacob Gooing

ERA Freeman & Associates License #201234287

Last Buyer's Agent

Jason Gooing

ERA Freeman & Associates License #920600131 Listed on: 01/14/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,571

Year Built

  • Built in 1950

Lot Details

  • 1.03 Acre Lot
  • Level Lot
  • Private Yard
  • Property is zoned C2

Parking

  • 2 Car Detached Garage
  • Second Garage
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Block Foundation
  • Metal Roof
  • Lap Siding

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Territorial Views
  • Crawl Space

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Outbuilding
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01091491

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,571

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1950
  • Property Condition: Resale
  • Unreinforced Masonry Building: No
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: CeilingFan
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, FreeStandingGasRange, FreeStandingRefrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres1to3
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: LapSiding
  • Exterior Features: Outbuilding, Porch, RVParking, SecondGarage, ToolShed, Yard
  • Lot Size: 1 to 2.99 Acres
  • Foundation Details: Block
  • R V Description: RVParking
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Metal
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Parking Description: OffStreet, RVAccessParking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • 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

  • Zoning: C2
  • Lot Size Acres: 1.03
  • Lot Size Sq Ft: 44866.0
  • Parcel #: 01091491

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4570.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Aug 18, 2022
Sold by
Naylor Michael G
Bought by
Barba John and Barba Janice
Seller's Agent
Jason Gooing
ERA Freeman & Associates
Buyer's Agent
Jason Gooing
ERA Freeman & Associates
List Price
$690,900
Sold Price
$665,000
Premium/Discount to List
-$25,900
-3.75%
Current Estimated Value
$663,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,324
Avg. Annual Appreciation
-0.01%
Original Mortgage
$631,750
Outstanding Balance
$603,804
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$61,056

Purchase Details

Closed on
Apr 1, 1993
Bought by
Naylor Michael G and Naylor Marianne R
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
Barba John $665,000 Old Republic Title
Naylor Michael G $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barba John $631,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $665,000 0.0% $297 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
05/09/2022 05/09/22 Off Market $665,000 -- --
04/26/2022 04/26/22 Pending -- -- --
02/28/2022 02/28/22 Off Market $665,000 -- --
01/13/2022 01/13/22 For Sale $690,900 -- $308 / 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 $5,781 $303,092 -- --
2023 $5,781 $294,265 $0 $0
2022 $4,766 $285,695 $0 $0
2021 $4,571 $277,374 $0 $0
2020 $4,443 $269,296 $0 $0
2019 $4,314 $261,453 $0 $0
2018 $4,193 $253,838 $0 $0
2017 $2,825 $246,445 $0 $0
2016 $2,650 $239,267 $0 $0
2015 $2,575 $232,298 $0 $0
2014 $2,490 $225,532 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22398072

Regional Multiple Listing Service (RMLS)

APN: 01091491