
515 MAY ST, Molalla, OR 97038
Clackamas County
Key Facts
Description
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 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 finished with tongue-and-groove, recessed lighting and beautifully wrapped posts create standout curb appeal that will draw you in. Don't miss this one!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Stories1 / Ranch
Year Built
1959
Stories
1
Living Area
1,492 sq ft
Lot Size
0.16 acres
MLS® Listing#
613013643
Property Features
Interior
Appliances
Heating
Flooring
Fireplace
Basement
Parking
Patio
Fencing
Lot Features
Foundation
Roof
Windows
Sewer
Water Source
Schools
- Elementary:
- Molalla
- Middle:
- Molalla River
- High:
- Molalla
Financial Details
HOA
None
Annual Taxes
$4,655
Tax year 2025
Parcel Number
01106528
Directions
Molall Avenue to 5th to May Street
Affordability Calculator
$89,700
Estimated monthly payment
$2,387/mo
Principal $358,800 · Est. interest $500,558 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Molalla, OR
- $543,750
- Median Listing Price
- 177
- Median Days on Market
- 1,804
- Median Sq Ft
- $301
- Median Price / Sq Ft
- 32
- Active Listings
- This home’s price is 18% below the area median.
- Its price per sq ft is right around the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Molalla, OR.
Location
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Points of Interest in Molalla, OR
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 162 FENTON AVE c, Molalla, OR | $349,000 | 3 | 3 | 1,344 |
| 660 CREAMERY CREEK LN, Molalla, OR | $380,000 | 3 | 2 | 1,266 |
| 208 S SWIEGLE AVE, Molalla, OR | $414,900 | 2 | 1 | 1,016 |
| 735 GARDEN CT, Molalla, OR | $419,900 | 3 | 3 | 1,680 |
| 319 BERKLEY AVE, Molalla, OR | $430,000 | 4 | 3 | 1,576 |
| 1424 MT VIEW LN, Molalla, OR | $470,000 | 3 | 2 | 1,673 |
Moving Cost Estimate
EXIT Agents in Molalla
Listing Courtesy: Equity Oregon Real Estate - 5032663657
Presented by: Amy Anderson
Last Updated: 2026-03-13















