501 E 3rd St, Molalla, OR 97038
Property image
Property image
OFF MARKET

$340,000

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 876 sqft

501 E 3rd St, Molalla, OR 97038

Est. Refi. Payment $2,182/mo*
Refinance Your Home
Currently Off Market - Sold Oct 17, 2022 for $328,900

Home Value

Trulia Estimate
$340K
Since last month
Decreased$3K (-0.8%)
Since last year
Decreased$14K (-3.8%)
Since last sale
Increased$12K (+3.6%)
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 +92% in the last 10 years
MonthEstimated value
2026
September 2026$341K
August 2026$344K
July 2026$346K
June 2026$348K
May 2026$348K
April 2026$346K
March 2026$348K
February 2026$347K
January 2026$342K
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
208 S Swiegle Ave, Molalla, OR
0.13
Single-Family Home
$311,000
07/09/26
2
1
1,016
208 Swiegle Ave, Molalla, OR
0.14
Single-Family Home
$311,000
07/09/26
2
1
1,016
315 Berkley Ave, Molalla, OR
0.07
Single-Family Home
$220,000
04/30/26
2
1
954
324 Berkley Ave, Molalla, OR
0.10
Single-Family Home
$435,000
10/31/25
2
1
1,872
122 N Cole Ave, Molalla, OR
0.26
Single-Family Home
$355,000
01/21/26
2
1
769
316 Berkley Ave, Molalla, OR
0.09
Single-Family Home
$430,000
10/28/25
3
1
1,081
416 Kennel Ave, Molalla, OR
0.50
Single-Family Home
$280,000
09/14/26
2
1
994
163 Indian Oak Ct, Molalla, OR
0.33
Single-Family Home
$425,000
07/14/26
3
1
1,263
515 May St, Molalla, OR
0.22
Single-Family Home
$419,000
06/24/26
3
2
1,492
832 E 7th St, Molalla, OR
0.54
Single-Family Home
$410,000
07/27/26
3
1
1,056

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
219 Lola St, Molalla, OR 97038
0.01
$427,900
4
2
1,494
Off Market
207 Lola St, Molalla, OR 97038
0.04
$290,600
2
1
956
Off Market
201 Lola Ave, Molalla, OR 97038
0.05
$364,500
3
2
1,206
Off Market
523 E 2nd St, Molalla, OR 97038
0.08
$447,000
3
1
1,374
Off Market
124 Lola St, Molalla, OR 97038
0.07
$315,600
2
1
1,600
Off Market
209 Berkley Ave, Molalla, OR 97038
0.06
$441,100
3
2
1,992
Off Market
Eckerd St, Molalla, OR 97038
0.05
$393,600
-
-
-
Off Market
301 Berkley Ave, Molalla, OR 97038
0.05
$356,600
2
1
1,024
Off Market
114 Lola St, Molalla, OR 97038
0.09
$311,800
2
1
1,800
Off Market
307 Berkley Ave, Molalla, OR 97038
0.06
$425,000
3
1.5
1,424
Off Market
323 Lola St, Molalla, OR 97038
0.07
$266,900
2
1
772
Off Market
322 E 3rd St, Molalla, OR 97038
0.08
$540,400
4
2
2,952
Off Market

Local Information

  • Map ViewExplore the area around 501 E 3rd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1935
876 sqft
$388/sqft
Garage

About this House

What's unique:Detached garageNew countertopsGas heatPicket fenceClose to schoolsBonus room
Price reduced $5,000. Cash buyer needed, property sold AS IS - Seller to do no repairs. Finished attic space with stairway not included in total sqft. Workshop in back of garage. Some work could make this home adorable.
501 E 3rd St, Molalla, OR 97038 is a 2 bedroom, 1 bathroom, 876 sqft single-family home built in 1935. It last sold for $328,900 on Oct 17, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $340,000, with a rent estimate of $1,901/month.

Home Details for 501 E 3rd St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood, Linoleum Vinyl
Appliances & Utilities
DishwasherDryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Other
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1935
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 4791 sqft

Price and Tax history

DateEventPrice
Oct 17, 2022
Source: RMLS (OR) #22065038
Sold
$328,900
Sep 16, 2022
Source: RMLS (OR) #22065038
Pending
$328,900
Sep 14, 2022
Source: RMLS (OR) #22065038
PriceChange
$328,900
Price decreased by 5%
Sep 9, 2022
Source: RMLS (OR) #22065038
Listed For Sale
$345,000
May 31, 2017
Source: RMLS (OR) #17446705
Sold
$168,000

Market trends in Molalla

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
51
3MoM

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 "
    0
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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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  • Gallaght
    "Lots of neighbor participation in various holiday events like Halloween, Christmas, and fourth of July. "
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  • 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
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  • 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. "
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  • 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

Frequently asked questions about 501 E 3rd St

  • What is 501 E 3rd St estimated to be worth?
    Trulia's estimated value for 501 E 3rd St in Molalla, OR is $340,000.
  • What is the price history for 501 E 3rd St?
    501 E 3rd St in Molalla, OR last sold for $328,900 in October 2022.
  • Is Molalla a buyer's or seller's market?
    Molalla is currently a balanced 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 501 E 3rd St have laundry facilities?
    Yes, 501 E 3rd St in Molalla, OR has in-unit laundry.
  • How big is the lot at 501 E 3rd St?
    The lot at 501 E 3rd St in Molalla, OR is about 0.11 acres (4,792 sq ft).

Explore by feature - Pet Friendly

8 pet-friendly rentals in Molalla, OR

Explore by feature - Air Conditioning

7 rentals with air conditioning in Molalla, OR

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9 rentals with a washer/dryer in Molalla, OR

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