318 E 5th St, Molalla, OR 97038
Property image
Property image
OFF MARKET

318 E 5th St
Molalla, OR 97038

  • 2 Beds
  • 1 Bath
  • 794 sqft

$373,000

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $2,219/mo*
Refinance Your Home

$373,000

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $2,219/mo*
Refinance Your Home
2 Beds
1 Bath
794 sqft

Home Value

Trulia Estimate
$373K
Since last month
Decreased$3K (-0.8%)
Since last year
Decreased$2K (-0.6%)
Since last sale
Decreased$1K (-0.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +119% in the last 10 years
MonthEstimated value
2026
August 2026$374K
July 2026$377K
June 2026$376K
May 2026$377K
March 2026$371K
February 2026$367K
January 2026$360K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
316 Berkley Ave, Molalla, OR
0.09
Single-Family Home
$430,000
10/28/25
3
1
1,081
122 N Cole Ave, Molalla, OR
0.43
Single-Family Home
$355,000
01/21/26
2
1
769
515 May St, Molalla, OR
0.05
Single-Family Home
$419,000
06/24/26
3
2
1,492
832 E 7th St, Molalla, OR
0.56
Single-Family Home
$410,000
07/27/26
3
1
1,056
514 Hood Ct, Molalla, OR
0.04
Single-Family Home
$489,900
09/18/25
3
2
1,744
514 Hood St, Molalla, OR
0.04
Single-Family Home
$489,900
09/18/25
3
2
1,744
163 Indian Oak Ct, Molalla, OR
0.50
Single-Family Home
$425,000
07/14/26
3
1
1,263

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
514 Hood Ct, Molalla, OR 97038
0.04
$488,400
3
2
1,744
Off Market
514 Hood St, Molalla, OR 97038
0.04
$487,800
3
2
1,744
Off Market
319 Hood Ct, Molalla, OR 97038
0.05
$396,600
4
2
1,805
Off Market
515 May St, Molalla, OR 97038
0.05
$419,000
3
2
1,492
Recently Sold
411 S Swiegle Ave, Molalla, OR 97038
0.05
$282,700
2
1
804
Off Market
311 May St, Molalla, OR 97038
0.10
$357,000
3
2
1,350
Off Market
610 May St, Molalla, OR 97038
0.10
$384,800
3
2
1,404
Off Market
316 Berkley Ave, Molalla, OR 97038
0.09
$430,000
3
1
1,081
Recently Sold
319 Berkley Ave, Molalla, OR 97038
0.10
$422,200
4
2
1,576
Off Market
313 S Swiegle Ave, Molalla, OR 97038
0.10
$498,400
4
2.5
2,240
Off Market
408 Eckerd Ave, Molalla, OR 97038
0.11
$449,100
3
2
1,136
Off Market

Local Information

  • Map ViewExplore the area around 318 E 5th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1944
Living Area
794 sqft
Price/Sqft
$470
Parking
Garage

About this House

If you've been searching for a single-story residence with a large fenced backyard, conveniently located close in and situated on a spacious lot, this property could be your ideal match. Features include 2 bedrooms, 1 bathroom, and a bonus room that one may choose to utilize as a third bedroom, exercise room, or office. This cozy gem checks several boxes. Contact us now to arrange a private viewing!
318 E 5th St, Molalla, OR 97038 is a 2 bedroom, 1 bathroom, 794 sqft single-family home built in 1944. It last sold for $375,000 on Aug 14, 2024 (4% below the $389,000 asking price). It is currently off market. The Trulia Estimate is $373,000, with a rent estimate of $1,904/month.
Last check for updates: about 9 hours ago
Listed by Jesse Arthur, (503) 781-6417
RE/MAX HomeSource
Bought with: Diana Ferguson, (503) 756-4738, Keller Williams Realty Portland Elite
Source: RMLS (OR), MLS#24221363

Home Details for 318 E 5th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 794 Square Feet
Appliances & Utilities
Appliances: Free-Standing Range, Electric Water Heater
Heating & Cooling
No CoolingNo Heating
Windows, Doors, Floors & Walls
Window: Aluminum Frames
Levels, Entrance, & Accessibility
Stories: 1Levels: One
View
No View
Security
Security: None

Exterior Features

Exterior Home Features
Fencing: FencedOther Structures: ToolShedFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 1Parking: Driveway,On Street
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 10

Property Information

Year Built
Year Built: 1944
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family Residence
Building
Construction Materials: Lap SidingNot a New ConstructionNot Attached Property
Property Information
Condition: ResaleParcel Number: 01106430

Price & Status

Price
List Price: $389,000
Status Change & Dates
Off Market Date: Mon Jul 15 2024

Location

Direction & Address
City: Molalla
School Information
Elementary School: MolallaJr High / Middle School: Molalla RiverHigh School: Molalla

Building

Building Area
Building Area: 794 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 7405.2 sqft

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 24221363

Price and Tax history

DateEventPrice
Aug 14, 2024
Source: RMLS (OR) #24221363
Sold
$375,000
Jul 16, 2024
Source: RMLS (OR) #24221363
Pending
$389,000
Jul 5, 2024
Source: RMLS (OR) #24221363
Listed For Sale
$389,000
Jun 20, 2024
Source: N/A
Sold
$258,500
Sep 9, 2020
Source: RMLS (OR) #20566086
Sold
$258,500

Market trends in Molalla

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
54

Around this home

What Locals Say about Molalla

At least 55 Trulia users voted on each feature.

  • 87 % Say it's dog friendly

  • 85 % Say yards are well-kept

  • 82 % Say car is needed

  • 78 % Say parking is easy

  • 69 % Say kids play outside

  • 67 % Say there's holiday spirit

  • 63 % Say there are sidewalks

  • 62 % Say people would walk alone at night

  • 61 % Say it's quiet

  • 56 % Say neighbors are friendly

  • 53 % Say it's walkable to restaurants

  • 51 % Say there's wildlife

  • 45 % Say they plan to stay for at least 5 years

  • 43 % Say streets are well-lit

  • 33 % Say it's walkable to grocery stores

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Davlynn2707
    "Conservative values, country living, neighbors help neighbors - love the 4th of July Buckaroo rodeo "
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  • Miatalvan07
    "We love our neighborhood. Its safe, friendly, and great for raising a family. The school boundaries are odd because they try to fill all 3 elementary schools in the area but the schools are generally good about letting you switch if they send you to Mulino or Rural Dell."
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  • Miatalvan07
    "Commute is great unless you work 9-5, then you get caught in Oregon City or Wilsonville/I5 traffic. We love it here."
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    Flag
  • Gallaght
    "Lots of neighbor participation in various holiday events like Halloween, Christmas, and fourth of July. "
    0
    Flag
  • Annie W.
    "I drive into Colton to work. Molalla is just far enough out of town without loosing your essentials. You still have to drive most places "
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  • Katie V.
    "No one picks up after their pets. There are many break ins in the area, the roads and sidewalks are seldom maintained. ODOT has refused to put in intersections and sidewalks, especially at the four way in the center of town. Where it has been needed for over a decade now. "
    0
    Flag
  • Randy R.
    "Has some issues as all towns do. Certain crimes are on the rise and have been example: car thefts/break in. Drugs are bad in certain areas of town as well. "
    0
    Flag
  • Randy R.
    "People never pick up their dog poop. They feel entitled to just leave poop all over. I mean if you like stepping in it then it’s perfect for you. Also there’s a lot of sketchy things out here so walking at night is defiantly a no go. Also can’t forget crossing the streets people rarely stop we just had a kid hit the other week! "
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  • Tara.thewarborngroup
    "It’s nice. Lots of druggies downtown though............................................................"
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  • Jason B
    "I commute to Hillsboro. Fabulous 1 hour drive on the way in, 1.5 hour drive on the way back. Beautifully scenic terrestrial views abound. "
    0
    Flag
  • Barb B.
    "Great, small community. Close to the wilderness yet not far for the city. Low crime, Molalla Buckaroo brings a lot of people to town. "
    0
    Flag
  • Reannajoy1994
    "the community is fairly dog friendly. the bar I work at allows dogs and my family constantly walks our dogs around with no issues. Clark park is a great local area for fetch. "
    0
    Flag

LGBTQ Local Legal Protections

The 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 brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-08-24 13:29:04 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently asked questions about 318 E 5th St

  • What is 318 E 5th St estimated to be worth?
    Trulia's estimated value for 318 E 5th St in Molalla, OR is $373,000.
  • What is the price history for 318 E 5th St?
    318 E 5th St in Molalla, OR last sold for $375,000 in August 2024.
  • Is Molalla a buyer's or seller's market?
    Molalla is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Molalla?
    Residents describe Molalla, OR as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Molalla, OR.
  • Does 318 E 5th St have a yard?
    Yes, 318 E 5th St in Molalla, OR has a yard.
  • How big is the lot at 318 E 5th St?
    The lot at 318 E 5th St in Molalla, OR is about 0.17 acres (7,405 sq ft).

Explore by feature - Pet Friendly

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