THIS HOME HAS AN ASSUMABLE VA MORTGAGE OF ALMOST $400K AT AN INCREDIBLE 2.25% interest rate available to eligible buyers — YOU DO NOT NEED TO BE A VETERAN TO ASSUME THIS LOAN.. This beautifully maintained custom home sits on a peaceful and private .47-acre lot just blocks from the charm and conveniences of downtown Molalla. Enjoy the serene backyard setting complete with a deck surrounding a picturesque koi pond, creating the perfect space for relaxing or entertaining.In addition to 4 bedrooms, this spacious home features an expansive bar/game room, dedicated office, and bonus room offering flexibility for work, hobbies, or multi-generational living. The spacious primary suite includes its own fireplace, while additional amenities include hardwood floors, central A/C, gas kitchen appliances, and tankless water heater.Car enthusiasts, hobbyists, or business owners will appreciate the impressive 36x60 shop with a half loft providing abundant storage and workspace. Major updates include newer roof and gutters replaced within the last two years.This property truly offers the perfect blend of comfort, functionality, and small-town charm — all in an exceptional location.
Active
Price cut: $35.1K (7/10)
$739,900
705 N Molalla Ave, Molalla, OR 97038
4beds
3,640sqft
Residential, Single Family Residence
Built in 2005
0.47 Acres Lot
$-- Zestimate®
$203/sqft
$-- HOA
What's special
Serene backyard settingBeautifully maintained custom homeDedicated officeTankless water heaterSpacious primary suiteGas kitchen appliancesHardwood floors
- 110 days
- 951
- 58
Zillow last checked:
Listing updated:
Listed by:
Elaine Line 503-201-1333,
MORE Realty
Source: RMLS (OR),MLS#: 305189590
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 4, Bonus Room, Office, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Upper
- Area: 304
- Dimensions: 16 x 19
Bedroom 2
- Level: Upper
- Area: 132
- Dimensions: 11 x 12
Bedroom 3
- Level: Upper
- Area: 120
- Dimensions: 10 x 12
Bedroom 4
- Level: Upper
- Area: 182
- Dimensions: 13 x 14
Dining room
- Features: Builtin Features, High Ceilings
- Level: Main
Kitchen
- Features: Disposal, Family Room Kitchen Combo, Garden Window, Gas Appliances
- Level: Main
Office
- Level: Main
Heating
- Forced Air
Cooling
- Central Air, Heat Pump
Appliances
- Included: Built-In Range, Dishwasher, Disposal, Gas Appliances, Range Hood, Tankless Water Heater
Features
- High Ceilings, Wet Bar, Built-in Features, Family Room Kitchen Combo
- Flooring: Hardwood, Wall to Wall Carpet
- Windows: Double Pane Windows, Vinyl Frames, Garden Window(s)
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 3,640
- Total interior livable area: 3,640 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Carport, RV Access/Parking, RV Boat Storage, Detached
- Garage spaces: 3
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch
- Exterior features: RV Hookup, Water Feature
Lot
- Size: 0.47 Acres
- Features: Sprinkler, SqFt 20000 to Acres1
Details
- Additional structures: Outbuilding, RVHookup, RVBoatStorage, ToolShed
- Parcel number: 01094050
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Log, Stone
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- New construction: No
- Year built: 2005
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Other Internet Service
Community & HOA
HOA
- Has HOA: No
Location
- Region: Molalla
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $1,147,376
- Annual tax amount: $11,177
- Date on market: 5/15/2026
- Listing terms: Assumable,Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Price change | $739,900-4.5%$203/sqft |
Source:  RMLS (OR) #305189590 Report a problem | ||
| 5/15/2026 | Listed for sale | $775,000+29.4%$213/sqft |
Source: RMLS (OR) #305189590 Report a problem | ||
| 10/18/2019 | Listing removed | $599,000$165/sqft |
Source: Soldera Properties, Inc #19398980 Report a problem | ||
| 7/20/2019 | Price change | $599,000-3.4%$165/sqft |
Source: Soldera Properties, Inc #19398980 Report a problem | ||
| 7/11/2019 | Price change | $619,900-4.6%$170/sqft |
Source: Soldera Properties, Inc #19398980 Report a problem | ||
| 4/30/2019 | Listed for sale | $650,000+242.3%$179/sqft |
Source: Soldera Properties, Inc #19398980 Report a problem | ||
| 3/6/1998 | Sold | $189,900$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,177 +3.5% | $615,050 +3% |
| 2024 | $10,804 +17.7% | $597,136 +3% |
| 2023 | $9,176 +3% | $579,744 +3% |
| 2022 | $8,908 +4.3% | $562,859 +3% |
| 2021 | $8,543 +2.9% | $546,466 +3% |
| 2020 | $8,305 +3% | $530,550 +3% |
| 2019 | $8,063 +2.9% | $515,098 +3% |
| 2018 | $7,838 | $500,095 +3% |
| 2017 | $7,838 +10% | $485,529 +3% |
| 2016 | $7,124 | $471,387 +3% |
| 2015 | $7,124 +4.6% | $457,657 +11.2% |
| 2014 | $6,808 +30% | $411,617 +9.8% |
| 2013 | $5,237 -2% | $374,779 +0.7% |
| 2012 | $5,344 -14.2% | $372,209 -14% |
| 2011 | $6,228 -5.1% | $432,925 -2.6% |
| 2010 | $6,565 -3% | $444,327 +3% |
| 2009 | $6,767 +6% | $431,385 +3% |
| 2008 | $6,383 +3.2% | $418,820 +3% |
| 2007 | $6,187 +240.6% | $406,621 +198.3% |
| 2006 | $1,816 -31.5% | $136,333 -23.6% |
| 2005 | $2,651 +5.1% | $178,392 +3% |
| 2004 | $2,523 +1.7% | $173,196 +3% |
| 2003 | $2,480 -5.7% | $168,151 +3% |
| 2002 | $2,631 +1.4% | $163,253 +3% |
| 2001 | $2,595 +6.2% | $158,498 +3% |
| 2000 | $2,442 | $153,882 |
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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