$417,500
- 3 Beds
- 2 Baths
- 1,492 sqft
515 May St, Molalla, OR 97038
Est. Refi. Payment $2,586/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 24, 2026 for $419,000
Home Value
Trulia Estimate
$418KSince last month
Decreased$1K (-0.3%)Since last year
Increased$137K (+49%)Since last sale
Decreased$2K (-0.4%)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 +91% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $417K |
| August 2026 | $418K |
| July 2026 | $419K |
| June 2026 | $419K |
| February 2026 | $275K |
| January 2026 | $269K |
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 |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $489,900 | 09/18/25 | 3 | 2 | 1,744 | |
0.06 | Single-Family Home | $489,900 | 09/18/25 | 3 | 2 | 1,744 | |
0.14 | Single-Family Home | $430,000 | 10/28/25 | 3 | 1 | 1,081 | |
0.46 | Single-Family Home | $415,000 | 12/11/25 | 3 | 2 | 1,212 | |
0.49 | Single-Family Home | $495,000 | 05/06/26 | 3 | 2 | 1,513 | |
0.53 | Single-Family Home | $495,000 | 01/15/26 | 3 | 2 | 1,512 | |
0.46 | Single-Family Home | $509,900 | 08/27/26 | 3 | 3 | 1,749 | |
0.41 | Single-Family Home | $320,000 | 10/24/25 | 3 | 2 | 1,944 |
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 |
|---|---|---|---|---|---|---|
0.05 | $372,700 | 2 | 1 | 794 | Off Market | |
0.05 | $383,700 | 3 | 2 | 1,404 | Off Market | |
0.06 | $391,800 | 4 | 2 | 1,805 | Off Market | |
0.06 | $483,600 | 3 | 2 | 1,744 | Off Market | |
0.06 | $483,200 | 3 | 2 | 1,744 | Off Market | |
0.09 | $269,300 | 2 | 1 | 804 | Off Market | |
0.08 | $433,800 | 3 | 2 | 1,410 | Off Market | |
0.08 | $432,500 | 3 | 2 | 1,401 | Off Market | |
0.08 | - | 3 | 2 | 1,460 | Off Market | |
0.08 | - | 3 | 2 | 1,477 | Off Market | |
0.07 | $354,800 | 3 | 2 | 1,350 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1959
1,492 sqft
$281/sqft
Open Parking
About this House
New price! *Buyer incentive available* Seller is willing to contribute towards buyers closing costs and/or rate buy down with acceptable offer. 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 with a walk-in shower 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 with tongue-and-groove ceilings, recessed lighting, and beautifully wrapped posts create inviting curb appeal from the moment you arrive. The fenced side yard features raised garden beds and a spacious 10x9 tool shed, offering excellent storage for tools and equipment. No HOA and 100% USDA financing eligible with no down payment for qualified buyers. Don’t miss this one!
515 May St, Molalla, OR 97038 is a 3 bedroom, 2 bathroom, 1,492 sqft single-family home built in 1959. It last sold for the $419,000 asking price on Jun 24, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $417,500, with a rent estimate of $2,495/month.
Last check for updates: about 7 hours ago
Listed by Amy Anderson, (971) 563-7373
Equity Oregon Real Estate
Bought with: Jenny Coduti, (503) 689-6264, eXp Realty, LLC
Source: RMLS (OR), MLS#613013643

Home Details for 515 May St
|
|---|
MLS Status: Sold |
|
|---|
Interior Details Basement: Crawl SpaceNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 1492 Square Feet |
Appliances & Utilities Appliances: Cooktop, Dishwasher, Double Oven, Range Hood, Stainless Steel Appliance(s), Disposal, Electric Water HeaterDishwasherDisposal |
Heating & Cooling Heating: Mini Split,Wood StoveHas CoolingHas HeatingHeating Fuel: Mini Split |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Insert, Wood BurningHas a Fireplace |
Windows, Doors, Floors & Walls Window: Double Pane Windows, Vinyl FramesFlooring: Hardwood, Vinyl |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: One Level, Walkin Shower, AccessibilityFloors: Hardwood, Vinyl |
View No View |
|
|---|
Exterior Home Features Roof: CompositionPatio / Porch: Patio, PorchFencing: FencedOther Structures: ToolShedExterior: Raised Beds, Yard, Exterior EntryFoundation: Concrete Perimeter |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Driveway,Off Street |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
|
|---|
Cumulative Days on Market: 84 |
|
|---|
Year Built Year Built: 1959 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Cement Siding, Wood SidingNot a New ConstructionNot Attached Property |
Property Information Condition: ResaleParcel Number: 01106528 |
|
|---|
Price List Price: $419,000Price Per Sqft: $281/sqft |
Status Change & Dates Off Market Date: Fri Jun 05 2026 |
|
|---|
Direction & Address City: Molalla |
School Information Elementary School: MolallaJr High / Middle School: Molalla RiverHigh School: Molalla |
|
|---|
Building Area Building Area: 1492 Square Feet |
|
|---|
Not Senior Community |
|
|---|
No HOA |
|
|---|
Lot Area: 6969.6 sqft |
|
|---|
Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan |
|
|---|
Mls Number: 613013643 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 24, 2026 Source: RMLS (OR) #613013643 | Sold | $419,000 |
Jun 5, 2026 Source: RMLS (OR) #613013643 | Pending | $419,000 |
May 22, 2026 Source: RMLS (OR) #613013643 | PriceChange | $419,000 Price decreased by 4% |
Apr 28, 2026 Source: RMLS (OR) #613013643 | PriceChange | $438,500 Price decreased by 2% |
Mar 13, 2026 Source: RMLS (OR) #613013643 | Listed For Sale | $448,500 |
Jun 10, 2025 Source: RMLS (OR) #600817891 | Sold | $278,500 |
May 30, 2025 Source: RMLS (OR) #600817891 | Pending | $299,900 |
May 25, 2025 Source: RMLS (OR) #600817891 | Listed For Sale | $299,900 |
Apr 12, 2016 Source: RMLS (OR) #15082148 | Sold | $209,000 |
Oct 15, 2007 Source: N/A | Sold | $235,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,655 | $524,570 |
Home facts updated by county records
Market trends in Molalla
Last updated August 2026
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.
LGBTQ Local Legal Protections
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 2026-09-17 13:34:14 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 515 May St
- What is 515 May St estimated to be worth?Trulia's estimated value for 515 May St in Molalla, OR is $417,500.
- What is the price history for 515 May St?515 May St in Molalla, OR last sold for $419,000 in June 2026.
- 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 515 May St have air conditioning?Yes, 515 May St in Molalla, OR has air conditioning.
- Does 515 May St have a yard?Yes, 515 May St in Molalla, OR has a yard.

