Lovingly cared for and move-in ready, this light and bright 3-bedroom, 1-bath home offers thoughtful updates and a wonderful indoor-outdoor lifestyle. Inside, you'll find new flooring, an updated kitchen with a skylight and automatic blind, and a cozy freestanding gas stove in the living room. Recent improvements include a new roof and fresh exterior paint.The spacious, fully fenced backyard is a standout, with mature trees, raised garden beds, a chicken coop and run, and a large storage shed with attached lean-to. Established rhododendrons and roses are joined by seasonal daffodils, tulips, hyacinths, and crocuses planted throughout the yard, bringing color throughout the seasons. A backyard patio offers a great spot to relax or entertain, and there's plenty of space for RV or trailer parking.Enjoy views toward Mt. Hood and easy access to outdoor recreation. Just steps from Ivor Davies Nature Park, with paved trails winding through a protected wetland and natural area, a 9-hole disc golf course, birdwatching opportunities, and even the chance to view elk at the neighboring elk farm. The Molalla River and recreation corridor are also nearby, with Silver Falls State Park approximately a 30-minute drive away. A comfortable, welcoming home with a fantastic yard, established gardens, and room to enjoy it all.
Active
$425,000
703 E 5th St, Molalla, OR 97038
3beds
1,024sqft
Residential, Single Family Residence
Built in 1973
9,583 Square Feet Lot
$-- Zestimate®
$415/sqft
$-- HOA
What's special
Spacious fully fenced backyardNew flooringFresh exterior paintChicken coop and runMature treesRaised garden bedsNew roof
- 2 days
- 238
- 23
Zillow last checked:
Listing updated:
Listed by:
Jennie Dillon 541-606-0800,
Hybrid Real Estate
Source: RMLS (OR),MLS#: 138631541
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
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Bedroom 2
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Bedroom 3
- Level: Main
- Area: 150
- Dimensions: 15 x 10
Dining room
- Level: Main
- Area: 108
- Dimensions: 12 x 9
Kitchen
- Level: Main
- Area: 81
- Width: 9
Living room
- Level: Main
- Area: 240
- Dimensions: 16 x 15
Appliances
- Included: Built In Oven, Disposal, Gas Water Heater
Features
- Flooring: Luxury Vinyl Plank
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Crawl Space
- Fireplace features: Gas
Interior area
- Total structure area: 1,024
- Total interior livable area: 1,024 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, RV Access/Parking, Attached
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Raised Beds
- Fencing: Fenced
Lot
- Size: 9,583 Square Feet
- Features: SqFt 7000 to 9999
Details
- Additional structures: PoultryCoop, RVParking, ToolShed
- Parcel number: 01104977
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- T111 Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1973
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Molalla
Financial & listing details
- Price per square foot: $415/sqft
- Tax assessed value: $383,488
- Annual tax amount: $3,322
- Date on market: 10/1/2026
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $425,000+204.5%$415/sqft |
Source:  RMLS (OR) #138631541 Report a problem | ||
| 8/20/2007 | Sold | $139,568+17.8%$136/sqft |
Source: Public Record Report a problem | ||
| 3/16/1999 | Sold | $118,500$116/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,323 +3.5% | $173,452 +3% |
| 2024 | $3,212 +17.7% | $168,400 +3% |
| 2023 | $2,728 +3% | $163,496 +3% |
| 2022 | $2,648 +4.3% | $158,734 +3% |
| 2021 | $2,540 +2.9% | $154,111 +3% |
| 2020 | $2,469 +3% | $149,623 +3% |
| 2019 | $2,397 +2.9% | $145,266 +3% |
| 2018 | $2,330 | $141,035 +3% |
| 2017 | $2,330 +10% | $136,927 +3% |
| 2016 | $2,118 | $132,939 +3% |
| 2015 | $2,118 +2.9% | $129,067 +3% |
| 2014 | $2,058 +12.8% | $125,308 +3% |
| 2013 | $1,824 -0.5% | $121,658 +3% |
| 2012 | $1,833 +2.8% | $118,115 +3% |
| 2011 | $1,783 +0.5% | $114,675 +3% |
| 2010 | $1,774 -0.1% | $111,335 +3% |
| 2009 | $1,777 +6% | $108,092 +3% |
| 2008 | $1,676 +3.2% | $104,944 +3% |
| 2007 | $1,624 +2.9% | $101,887 +3% |
| 2006 | $1,579 +2% | $98,919 +3% |
| 2005 | $1,548 +5.1% | $96,038 +3% |
| 2004 | $1,473 +1.7% | $93,241 +3% |
| 2003 | $1,448 +2.2% | $90,525 +3% |
| 2002 | $1,416 +1.4% | $87,888 +3% |
| 2001 | $1,397 +6.2% | $85,328 +3% |
| 2000 | $1,315 | $82,843 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97038
Nearby schools
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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