8 months on rocket

508 E Main St, Molalla, OR, 97038

$1,715,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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508 E Main St, Molalla$1,715,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAttached, Garage
Garage12 spaces
Year Built2008
HeatingForced Air
CoolingOther
MLS #23492846
StatusActive

About 508 E Main St

Two are better than one! Two sets of three-story tri-plexes for a total of 6 units are an investors dream and a must see! On the main level of each unit you will find open concept living room, kitchen and half bath. The lower level features a large two car garage, bonus room with tons of windows, and separate entrance to back outdoor space. On the third floor you will find a primary suite with large walk-in closet, and a private balcony! One to two additional large bedrooms, spacious full bathroom with shower/tub combos and dual vanities, and a separate laundry room round out this level. Fire suppression and outdoor irrigation are an added bonus to this property! Near a number of parks, and just blocks away from downtown Molalla.

Property Details

Property Features

Property Information:

  • Year Built: 2008
  • Stories: 3

Listing Office:

  • Office Name: 24/7 Properties
  • Office Phone: (503) 482-0500
  • Listing Agent: Jeff Edmondson

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Garage Space: 12 spaces
  • Attached Garage: No
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Other

School Info

Assigned Schools Information:

  • Molalla High School, Public District Grades 9-12
  • Molalla River Middle School, Public District Grades 6-8
  • Molalla Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: S Hwy 213 / S Molalla Ave / Hwy 211

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,715,000

Tax Information:

  • Annual Amount: $13,826
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Molalla, OR.

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Molalla, OR

City

Med. Sold Price

$466K

Med. Price/SqFt

$294

Avg. Days On Market

107

# of Sold Homes

6

508 E Main St vs Molalla

263 DAYS ON ROCKET

+156 Days

$1,715,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Molalla, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #23492846

Listing Office:

  • Office Name: 24/7 Properties
  • Office Phone: (503) 482-0500
  • Listing Agent: Jeff Edmondson

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 4:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 08, 2004Home Sold
$123,500

Tax History

YEARPROP. TAXASSESSMENT
2020$13,826$837,962
2018$13,048$789,860
2017$12,511$766,854

History based on county public records data.

Payment Calculator

$8,627

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,208

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1918349
5
/10

  • Molalla Elementary School

  • 910 Toliver Rd

  • 1.20 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1918350
4
/10

  • Molalla River Middle School

  • 318 Leroy St

  • 0.95 miles

  • Public District Grades 6-8

High School

school-card-donut-1918351
6
/10

  • Molalla High School

  • 357 E Francis St

  • 0.57 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,969. Typical income of Molalla, OR residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 508 E Main St

What is the listing price of this property?

The listing price of 508 E Main St property is $1,715,000.

What type of property is this?

The property 508 E Main St is a house located in Molalla, Oregon, 97038.

Is this property for sale now?

Active Listing: 508 E Main St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 508 E Main St are:
Molalla Elementary School: GreatSchools Rating 5/10
Molalla River Middle School: GreatSchools Rating 4/10
Molalla High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $13,826 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 8, 2004 for $123,500. (source: MLS/tax record).

Which year was this property built?

The year of construction for 508 E Main St is 2008.

Rocket Homes›Oregon›Clackamas County›Molalla›97038›508 E Main St

This home is located at 508 E Main St in Molalla, OR and zip code 97038. This home was built in 2008. It has been listed on Rocket Homes since August 09, 2023 and is currently priced at $1,715,000.

Molalla, OR housing market in March 2024 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 3 sold below. In March 2024 in Molalla, OR there were 2% more homes for sale than in February 2024. In March 2024, listings were on the market for 107 days. During the same period, the median list price in this real estate market was $466,000.

From Rocket Homes Real Estate and based on county public records data.

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