15 days on rocket

400 Lola St, Molalla, OR, 97038

$899,900

Home List Price

$10,000*

Closing Credit

0 Baths
3,312 SqFt
$272/SqFt
House

Location

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400 Lola St, Molalla$899,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned, Street Parking
Year Built1973
CoolingNone
ViewCity
MLS #24577283
Lot Size0.23 Acres
StatusActive

About 400 Lola St

Welcome to this fantastic multi-family 4-plex located in the heart of Molalla, Oregon! This investment opportunity offers four well-maintained, spacious units, perfect for generating steady rental income. Each unit features two bedrooms and one bathroom, providing comfortable living spaces for its tenants.The property is nestled in a charming neighborhood with easy access to local schools, parks, and shopping. Each unit boasts an open floor plan, spacious kitchens with appliances such as a range, refrigerator, and dishwasher, as well as inviting living areas and a fireplace. Each unit has its own fenced yard providing space for relaxation and outdoor activities. There is ample off-street and on-street parking available for tenants. There is great potential as well! With a strong rental history and room for future growth, this property is an ideal addition to your real estate portfolio.Don't miss out on this incredible opportunity to own a multi-family property in the thriving community of Molalla. Contact me today for more information or to schedule a private showing!

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Stories: 1
  • Living Area: 3,312 SqFt

Listing Office:

  • Office Name: Coldwell Banker Bain
  • Office Phone: (503) 300-9414
  • Listing Agent: Lindsey Wilde

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Street Parking

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Located on the corner of 4th and Lola Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,900
  • Price Per SqFt: $272/SqFt

Tax Information:

  • Annual Amount: $4,209
  • 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

$482.5K

Med. Price/SqFt

$286

Avg. Days On Market

76

# of Sold Homes

10

400 Lola St vs Molalla

15 DAYS ON ROCKET

-61 Days

$899,900

+$417.4K More

$272/SqFt

-$14 Less

KEY TAKEAWAY

This property is $417.4K more than the Median Sold Price and $14/SqFt less than other homes 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: #24577283

Listing Office:

  • Office Name: Coldwell Banker Bain
  • Office Phone: (503) 300-9414
  • Listing Agent: Lindsey Wilde

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: 12/18/2024, 2:20:58 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

Feb 01, 2002Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,209$255,104
2018$3,972$240,460
2017$3,809$233,456

History based on county public records data.

Payment Calculator

$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,764

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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.

Nearby Schools

school-card-donut-4334482
6
/10

  • Molalla Elementary School

  • 910 Toliver Rd

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-4334483
6
/10

  • Rural Dell Elementary School

  • 10500 S Highway 211

  • 3.75 miles

  • Public District Grades KG-5

school-card-donut-4334484
6
/10

  • Mulino Elementary School

  • 26660 S Highway 213

  • 5.32 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,969. The majority of Molalla, OR residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 400 Lola St

What is the listing price of this property?

The listing price of 400 Lola St property is $899,900.

What type of property is this?

The property 400 Lola St is a house located in Molalla, Oregon, 97038.

Is this property for sale now?

Active Listing: 400 Lola St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,209 (source: MLS/based on county public records data).

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

The last sale was on February 1, 2002 for $200,000. (source: MLS/tax record).

What is the square footage of this property?

The property 400 Lola St is 3,312 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 400 Lola St is 1973.

Rocket Homes›Oregon›Clackamas County›Molalla›97038›400 Lola St

This home is located at 400 Lola St in Molalla, OR and zip code 97038 in the Laurelwood neighborhood. This 3,312 square foot home, which was built in 1973, sits on a 0.23 acre lot. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $899,900.

While more than 3 listings in Molalla, OR in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 5 were sold below. In November 2024 in Molalla, OR there were 2.3% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $482,500, while the average time on the real estate market was 76 days.

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

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