Welcome to 306 N Cole Ave, a charming and affordable 2-bedroom, 1-bath bungalow in the heart of Molalla. Built in 1920, this 866 sqft home blends vintage character with the right updates, including a newer roof (2017). Seller to include a home warranty with purchase for added peace of mind.Step inside and you’ll love the inviting kitchen with its classic archway and the bright, welcoming colors that make each room feel connected and relaxing.Outside, a large detached garage gives you flexible space for parking, storage, or your dream workshop. The backyard is the perfect size for a garden, BBQs, or fire pit nights, all without the upkeep of a large lot.And the location? You’re right next to the park and just down the street from the Rodeo Gates, placing you at the heart of Molalla’s community spirit. Simple, cozy, and full of character, this one is ready to welcome you home.
Sold
$265,000
306 N Cole Ave, Molalla, OR 97038
2beds
866sqft
Residential, Single Family Residence
Built in 1920
-- sqft lot
$265,200 Zestimate®
$306/sqft
$1,907 Estimated rent
Home value
$265,200
$249,000 - $281,000
$1,907/mo
Zestimate® history
Owner options
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$1,587/mo
Est. payment
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$1,587/mo
Est. payment
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List your homeWhat's special
Fire pit nightsInviting kitchenLarge detached garageBright welcoming colorsClassic archway
Zillow last checked:
Listing updated:
Listed by:
Andrew Crites 971-221-9114,
eXp Realty, LLC
Bought with:
Audie Powell, 200504196
Equity Oregon Real Estate
Source: RMLS (OR),MLS#: 561791077
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
- Area: 104
- Dimensions: 13 x 8
Bedroom 2
- Level: Main
- Area: 88
- Dimensions: 11 x 8
Kitchen
- Level: Main
- Area: 117
- Width: 9
Living room
- Features: Pantry
- Level: Main
- Area: 264
- Dimensions: 22 x 12
Heating
- Other
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Washer/Dryer, Electric Water Heater
Features
- Ceiling Fan(s), Pantry
- Flooring: Hardwood
- Basement: Crawl Space
- Fireplace features: Gas
Interior area
- Total structure area: 866
- Total interior livable area: 866 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, On Street, RV Access/Parking, Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: One Level, Accessibility
Features
- Stories: 1
- Patio & porch: Deck
- Exterior features: Garden, Raised Beds, Yard
- Fencing: Fenced
- Has view: Yes
- View description: Park/Greenbelt
Lot
- Features: Corner Lot, Level, SqFt 5000 to 6999
Details
- Additional structures: RVParking
- Parcel number: 01095567
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Lap Siding, Wood Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1920
Details
- Warranty included: Yes
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Molalla
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | $265,000-11.7%$306/sqft |
Source:  RMLS (OR) #561791077 Report a problem | ||
| 10/4/2025 | Pending sale | $300,000$346/sqft |
Source: RMLS (OR) #561791077 Report a problem | ||
| 10/2/2025 | Listed for sale | $300,000+152.1%$346/sqft |
Source: RMLS (OR) #561791077 Report a problem | ||
| 6/28/2013 | Sold | $119,000-38.2%$137/sqft |
Source: RMLS (OR) #13046959 Report a problem | ||
| 7/20/2007 | Sold | $192,500+1.9%$222/sqft |
Source: Public Record Report a problem | ||
| 8/7/2006 | Sold | $189,000+45.4%$218/sqft |
Source: Public Record Report a problem | ||
| 8/20/2004 | Sold | $130,000+44.4%$150/sqft |
Source: Public Record Report a problem | ||
| 3/8/1996 | Sold | $90,000$104/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,744 +3.5% | $143,262 +3% |
| 2024 | $2,653 +17.7% | $139,090 +3% |
| 2023 | $2,253 +3% | $135,039 +3% |
| 2022 | $2,187 +4.3% | $131,106 +3% |
| 2021 | $2,098 +2.9% | $127,288 +3% |
| 2020 | $2,039 +3% | $123,581 +3% |
| 2019 | $1,980 +2.9% | $119,982 +3% |
| 2018 | $1,924 | $116,487 +3% |
| 2017 | $1,924 +10% | $113,094 +3% |
| 2016 | $1,749 | $109,800 +3% |
| 2015 | $1,749 +2.9% | $106,602 +3% |
| 2014 | $1,700 +13.9% | $103,497 +3% |
| 2013 | $1,492 -1.8% | $100,483 +0.8% |
| 2012 | $1,519 -1.4% | $99,693 +0.6% |
| 2011 | $1,541 +0.5% | $99,139 +3% |
| 2010 | $1,534 -0.1% | $96,251 +3% |
| 2009 | $1,536 +6% | $93,448 +3% |
| 2008 | $1,449 +21.1% | $90,726 +20.9% |
| 2007 | $1,196 -19.3% | $75,013 -19.2% |
| 2006 | $1,482 +47.5% | $92,826 +49% |
| 2005 | $1,005 +5.1% | $62,318 +3% |
| 2004 | $956 +1.7% | $60,503 +3% |
| 2003 | $940 +2.2% | $58,741 +3% |
| 2002 | $919 +1.4% | $57,030 +3% |
| 2001 | $906 +6.2% | $55,369 +3% |
| 2000 | $853 | $53,756 |
Find assessor info on the county website
Neighborhood: 97038
Nearby schools
GreatSchools rating
- 7/10Molalla Elementary SchoolGrades: K-5Distance: 1.3 mi
- 7/10Molalla River Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Molalla High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Molalla
- Middle: Molalla River
- High: Molalla
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$265,200
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$265,200
- Oregon
- Clackamas County
- Molalla
- 97038
- 306 N Cole Ave
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