New price! *Buyer incentive available* Seller is willing to contribute towards buyers closing costs and/or rate buy down with acceptable offer. This home has been beautifully updated and refreshed throughout, offering a wonderful blend of modern improvements and timeless charm. A brand-new roof with a transferable warranty provides added peace of mind. Inside, lovely hardwood floors flow through the living room, hallway, and all three bedrooms. A newly installed mini-split system provides efficient heating and cooling, while each bedroom is also equipped with its own cadet heater for added comfort. The kitchen has been thoughtfully updated with refreshed cabinetry, updated countertops, pantry storage, and classic built-ins with sliding glass doors—perfect for displaying your favorite pieces. The adjacent dining area features a door that opens to the patio and backyard, creating an easy transition for outdoor dining and entertaining.Just off the dining area is a second bathroom with a walk-in shower and access to a spacious laundry room that offers abundant storage and the potential for a small workshop area, adding extra convenience. Both bathrooms have been tastefully updated with new flooring, vanities and lighting. Additional improvements include scraped and refinished ceilings, fresh interior and exterior paint, updated doors, hardware, and trim throughout. The inviting living room features a classic brick hearth with a certified wood stove insert and a large window that fills the space with natural light.Out front, updated siding and a welcoming covered porch with tongue-and-groove ceilings, recessed lighting, and beautifully wrapped posts create inviting curb appeal from the moment you arrive. The fenced side yard features raised garden beds and a spacious 10x9 tool shed, offering excellent storage for tools and equipment. No HOA and 100% USDA financing eligible with no down payment for qualified buyers. Don’t miss this one!
Sold
Zestimate®
$419,000
515 May St, Molalla, OR 97038
3beds
1,492sqft
Residential, Single Family Residence
Built in 1959
6,969 Square Feet Lot
$419,000 Zestimate®
$281/sqft
$2,648 Estimated rent
Home value
$419,000
$398,000 - $440,000
$2,648/mo
Zestimate® history
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List your homeWhat's special
Updated sidingUpdated countertopsPantry storageScraped and refinished ceilingsLovely hardwood floorsRefreshed cabinetryInviting curb appeal
Zillow last checked:
Listing updated:
Listed by:
Amy Anderson 971-563-7373,
Equity Oregon Real Estate
Bought with:
Jenny Coduti, 200001049
eXp Realty, LLC
Source: RMLS (OR),MLS#: 613013643
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Builtin Features, Hardwood Floors
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Bedroom 2
- Features: Hardwood Floors
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Bedroom 3
- Features: Hardwood Floors
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Dining room
- Features: Exterior Entry, Vinyl Floor
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Kitchen
- Features: Builtin Features, Dishwasher, Disposal, Pantry, Double Oven, Vinyl Floor
- Level: Main
- Area: 132
- Width: 11
Living room
- Features: Fireplace Insert, Hardwood Floors
- Level: Main
- Area: 276
- Dimensions: 23 x 12
Heating
- Mini Split, Wood Stove
Cooling
- Has cooling: Yes
Appliances
- Included: Cooktop, Dishwasher, Double Oven, Range Hood, Stainless Steel Appliance(s), Disposal, Electric Water Heater
Features
- Built-in Features, Pantry, Tile
- Flooring: Hardwood, Vinyl
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Insert, Wood Burning
Interior area
- Total structure area: 1,492
- Total interior livable area: 1,492 sqft
Property
Parking
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: One Level, Walkin Shower, Accessibility
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Porch
- Exterior features: Raised Beds, Yard, Exterior Entry
- Fencing: Fenced
Lot
- Size: 6,969 Square Feet
- Features: Level, SqFt 7000 to 9999
Details
- Additional structures: ToolShed
- Parcel number: 01106528
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Molalla
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $524,570
- Annual tax amount: $4,655
- Date on market: 3/13/2026
- Cumulative days on market: 84 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Sold | $419,000$281/sqft |
Source:  RMLS (OR) #613013643 Report a problem | ||
| 6/5/2026 | Pending sale | $419,000$281/sqft |
Source: RMLS (OR) #613013643 Report a problem | ||
| 5/22/2026 | Price change | $419,000-4.4%$281/sqft |
Source: RMLS (OR) #613013643 Report a problem | ||
| 4/28/2026 | Price change | $438,500-2.2%$294/sqft |
Source: RMLS (OR) #613013643 Report a problem | ||
| 3/13/2026 | Listed for sale | $448,500+61%$301/sqft |
Source: RMLS (OR) #613013643 Report a problem | ||
| 6/10/2025 | Sold | $278,500-7.1%$187/sqft |
Source: RMLS (OR) #600817891 Report a problem | ||
| 5/30/2025 | Pending sale | $299,900$201/sqft |
Source: RMLS (OR) #600817891 Report a problem | ||
| 5/25/2025 | Listed for sale | $299,900+43.5%$201/sqft |
Source: RMLS (OR) #600817891 Report a problem | ||
| 4/12/2016 | Sold | $209,000-11.1%$140/sqft |
Source: RMLS (OR) #15082148 Report a problem | ||
| 10/15/2007 | Sold | $235,000$158/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,655 +3.5% | $243,008 +3% |
| 2024 | $4,500 +17.7% | $235,931 +3% |
| 2023 | $3,822 +3% | $229,060 +3% |
| 2022 | $3,710 +4.3% | $222,389 +3% |
| 2021 | $3,558 +2.9% | $215,912 +3% |
| 2020 | $3,459 +3% | $209,624 +3% |
| 2019 | $3,358 +2.9% | $203,519 +3% |
| 2018 | $3,264 | $197,591 +3% |
| 2017 | $3,264 +10% | $191,836 +3% |
| 2016 | $2,967 | $186,249 +3% |
| 2015 | $2,967 +2.9% | $180,824 +3% |
| 2014 | $2,883 +11.8% | $175,557 +3% |
| 2013 | $2,579 -0.4% | $170,444 +3% |
| 2012 | $2,589 +3.7% | $165,480 +3% |
| 2011 | $2,497 +0.5% | $160,660 +3% |
| 2010 | $2,486 +13.9% | $155,981 +17.5% |
| 2009 | $2,182 -7.8% | $132,764 -10.4% |
| 2008 | $2,365 +3.2% | $148,144 +3% |
| 2007 | $2,293 +2.9% | $143,829 +3% |
| 2006 | $2,229 +2% | $139,640 +3% |
| 2005 | $2,185 +5.1% | $135,573 +3% |
| 2004 | $2,080 +1.7% | $131,624 +3% |
| 2003 | $2,044 +2.2% | $127,790 +3% |
| 2002 | $1,999 +1.4% | $124,068 +3% |
| 2001 | $1,972 +6.2% | $120,454 +3% |
| 2000 | $1,856 | $116,946 |
Find assessor info on the county website
Neighborhood: 97038
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Nearby schools
GreatSchools rating
- 7/10Molalla Elementary SchoolGrades: K-5Distance: 1.1 mi
- 7/10Molalla River Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Molalla High SchoolGrades: 9-12Distance: 0.9 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
$419,000
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Estimated market value
$419,000
- Oregon
- Clackamas County
- Molalla
- 97038
- 515 May St
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