Recently Listed Open House 3/14 11am - 1pm
515 MAY ST
Molalla, OR, 97038 $ 448,500
Bedrooms3 Baths2.0 Sq 1,492 Monthly Estimate*
$ 2,761
for $448,500 with 3 bedrooms and 2 full baths. This 1,492 square foot home was built in 1959 on a lot size of 0.16.
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!
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Open House
3/14/2026 11:00 AM - 1:00 PM
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities HardwoodFloors LuxuryVinylPlank VinylFloor
Basement CrawlSpace
Total Fireplaces 1
Fireplace Features Insert WoodBurning
Hot Water Electricity
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.0
Total Bedrooms 3
Total Baths 2
1/2 Baths 0
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GeneralSewer PublicSewer
Heating MiniSplit WallHeater WoodStove
Cooling MiniSplit
Roof Composition
Appliances Cooktop Dishwasher DoubleOven Pantry RangeHood StainlessSteelAppliance Tile
Garage Spaces 0
Architectural Style Stories1 Ranch
Year Built 1959
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 01106528
Accessibility OneLevel WalkinShower
County Clackamas
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions Molall Avenue to 5th to May Street
High School Molalla
City Molalla
Disclosures Disclosure
MLS Area _146
Lot Size Square Feet 6969.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Molalla
Tax Annual Amount 4655.04
Middle/Junior High School Molalla River
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARTITION PLAT 2009-007 PARCEL 1
ADU False
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ExteriorExterior Amenities Fenced Patio Porch RaisedBeds ToolShed Yard
Parking Features Driveway OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 1492.0
Lot Size Acres 0.16
Road Surface Type Paved
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* Excluded FeaturesList ByEquity Oregon Real EstateBroker
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Affordability Calculator
- Monthly Principal & Interest
- $2,761
- Monthly Property Taxes
- $388
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Molalla, OR
Average List Price $637,121
Percent of Sale Price 42%
About Molalla, OR 9,688 Population
61% Since 2002
$ 57,564 Median Income
35.23 Median Age
42% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949314 Elementary School
1949219 Middle School
Molalla High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/13/2026 | $448,500 | | Listed Price |
515 MAY ST, Molalla, OR, 97038 is a Single Family Home for sale at $448,500 with 1,492 sqft and a lot size of 0.16. 515 MAY ST has 3 bedrooms, 2.0 baths, and was built in 1959. The property's zip code is 97038 which is in Molalla, OR