Picture perfect, single story home on a level quarter acre in the heart of Molalla. This versatile home works well for a primary residence or for real estate development. Zoned R3 with quality multi-family development nearby. Walkable to shops and restaurants in downtown Molalla. Newer roof and solid bones with a great layout. One story living and a large, flat yard. Great home for starters, retirees or developers.
Sold
$430,000
523 E 2nd St, Molalla, OR 97038
3beds
1,374sqft
Residential, Single Family Residence
Built in 1962
0.26 Acres Lot
$450,600 Zestimate®
$313/sqft
$2,456 Estimated rent
Home value
$450,600
$424,000 - $473,000
$2,456/mo
Zestimate® history
Owner options
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$2,625/mo
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Est. payment
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List your homeWhat's special
Flat yardSolid bonesSingle story homePicture perfectNewer roof
Zillow last checked:
Listing updated:
Listed by:
Dennis Coxen 503-388-2526,
Cascade Hasson Sotheby's International Realty
Bought with:
Moises Manon, 201238717
Earnest Real Estate
Source: RMLS (OR),MLS#: 23073966
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Hardwood Floors, Closet
- Level: Main
Bedroom 2
- Features: Hardwood Floors, Closet
- Level: Main
Bedroom 3
- Features: Hardwood Floors, Closet
- Level: Main
Dining room
- Level: Main
Kitchen
- Features: Builtin Oven, Vinyl Floor
- Level: Main
Living room
- Features: Fireplace, Hardwood Floors
- Level: Main
Heating
- Forced Air, Fireplace(s)
Cooling
- Wall Unit(s)
Appliances
- Included: Built In Oven, Cooktop, Tank Water Heater
Features
- Closet
- Flooring: Hardwood, Vinyl
- Windows: Wood Frames
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,374
- Total interior livable area: 1,374 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Secured, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: One Level, Accessibility
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Has view: Yes
- View description: City
Lot
- Size: 0.26 Acres
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: 01099457
- Zoning: R3
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- T111 Siding
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security System Owned
HOA
- Has HOA: No
Location
- Region: Molalla
Financial & listing details
- Price per square foot: $313/sqft
- Tax assessed value: $506,381
- Annual tax amount: $2,813
- Date on market: 7/28/2023
- Cumulative days on market: 73 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/9/2023 | Sold | $430,000-7.5%$313/sqft |
Source:  RMLS (OR) #23073966 Report a problem | ||
| 10/9/2023 | Pending sale | $465,000$338/sqft |
Source: RMLS (OR) #23073966 Report a problem | ||
| 7/28/2023 | Listed for sale | $465,000$338/sqft |
Source: RMLS (OR) #23073966 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,228 +3.5% | $272,935 +3% |
| 2024 | $5,054 +74.4% | $264,986 +33.5% |
| 2023 | $2,898 +3% | $198,499 +3% |
| 2022 | $2,814 +4.3% | $192,718 +3% |
| 2021 | $2,698 +2.9% | $187,105 +3% |
| 2020 | $2,623 +3% | $181,656 +3% |
| 2019 | $2,547 +2.9% | $176,366 +3% |
| 2018 | $2,475 | $171,229 +3% |
| 2017 | $2,475 +10% | $166,242 +3% |
| 2016 | $2,250 | $161,400 +3% |
| 2015 | $2,250 +2.9% | $156,699 +3% |
| 2014 | $2,186 +10.9% | $152,135 +3% |
| 2013 | $1,972 +0.5% | $147,704 +3% |
| 2012 | $1,963 +3.7% | $143,402 +3% |
| 2011 | $1,894 +0.5% | $139,225 +3% |
| 2010 | $1,885 -0.1% | $135,170 +3% |
| 2009 | $1,888 +6% | $131,233 +3% |
| 2008 | $1,780 +3.2% | $127,411 +3% |
| 2007 | $1,726 +2.9% | $123,700 +3% |
| 2006 | $1,677 -2% | $120,097 +3% |
| 2005 | $1,711 +5.1% | $116,599 +3% |
| 2004 | $1,628 +1.7% | $113,203 +3% |
| 2003 | $1,601 +2.2% | $109,906 +3% |
| 2002 | $1,565 +1.4% | $106,705 +3% |
| 2001 | $1,544 +6.2% | $103,597 +3% |
| 2000 | $1,453 | $100,580 |
Find assessor info on the county website
Neighborhood: 97038
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Nearby schools
GreatSchools rating
- 7/10Molalla Elementary SchoolGrades: K-5Distance: 1.2 mi
- 7/10Molalla River Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Molalla High SchoolGrades: 9-12Distance: 0.6 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
$450,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$450,600
- Oregon
- Clackamas County
- Molalla
- 97038
- 523 E 2nd St
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