703 E 5TH ST
Molalla, OR, 97038 $ 425,000
Bedrooms3 Baths1.0 Sq 1,024 Monthly Estimate*
$ 2,683
for $425,000 with 3 bedrooms and 1 full bath. This 1,024 square foot home was built in 1973 on a lot size of 0.22.
Lovingly cared for and move-in ready, this light and bright 3-bedroom, 1-bath home offers thoughtful updates and a wonderful indoor-outdoor lifestyle. Inside, you'll find new flooring, an updated kitchen with a skylight and automatic blind, and a cozy freestanding gas stove in the living room. Recent improvements include a new roof and fresh exterior paint.The spacious, fully fenced backyard is a standout, with mature trees, raised garden beds, a chicken coop and run, and a large storage shed with attached lean-to. Established rhododendrons and roses are joined by seasonal daffodils, tulips, hyacinths, and crocuses planted throughout the yard, bringing color throughout the seasons. A backyard patio offers a great spot to relax or entertain, and there's plenty of space for RV or trailer parking.Enjoy views toward Mt. Hood and easy access to outdoor recreation. Just steps from Ivor Davies Nature Park, with paved trails winding through a protected wetland and natural area, a 9-hole disc golf course, birdwatching opportunities, and even the chance to view elk at the neighboring elk farm. The Molalla River and recreation corridor are also nearby, with Silver Falls State Park approximately a 30-minute drive away. A comfortable, welcoming home with a fantastic yard, established gardens, and room to enjoy it all.
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FeaturesInteriorInterior Amenities LuxuryVinylPlank Skylight
Basement CrawlSpace
Fireplace Features Gas
Hot Water Gas
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 1.0
Total Bedrooms 3
Total Baths 1
1/2 Baths 0
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GeneralSewer PublicSewer
Heating GasStove WallHeater
Roof Composition
Appliances BuiltinOven Disposal
Garage Spaces 1.0
Architectural Style Stories1
Year Built 1973
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 01104977
County Clackamas
Property Type Residential
HOA N
Full Baths 1
Status Active
Directions Hwy 211 to S Molalla Ave east on E 5th St to property.
High School Molalla
City Molalla
Disclosures Disclosure
MLS Area _146
Lot Size Square Feet 9583.0
Listing Terms Cash Conventional FHA USDALoan VALoan
Elementary School Molalla
Tax Annual Amount 3322.63
Middle/Junior High School Molalla River
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 16 TOWNSHIP 5S RANGE 2E QUARTER AB TAX LOT 00304
ADU False
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ExteriorExterior Amenities Fenced PoultryCoop RaisedBeds RVParking ToolShed
Parking Features Driveway RVAccessParking
Water Source PublicWater
Total Parking 1.0
Garage Type Attached
Exterior Description T111Siding
Building Area Total 1024.0
Lot Size Acres 0.22
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* Excluded FeaturesList Byjenniedillonhomes@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,683
- Monthly Property Taxes
- $277
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $702,893
Percent of Sale Price 65%
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 |
|---|
| 10/1/2026 | $425,000 | | Listed Price |