515 May St, Molalla, OR 97038
Property image
Property image
SOLD
JUN 24, 2026

515 May St
Molalla, OR 97038

  • 3 Beds
  • 2 Baths
  • 1,492 sqft

$419,000

Last Sold: Jun 24, 2026
$281/sqft
Est. Refi. Payment $2,495/mo*
Refinance Your Home

$419,000

Last Sold: Jun 24, 2026
$281/sqft
Est. Refi. Payment $2,495/mo*
Refinance Your Home
3 Beds
2 Baths
1,492 sqft

Local Information

  • Map ViewExplore the area around 515 May St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

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. It is currently off market. The Trulia Estimate is $419,000, with a rent estimate of $2,484/month.

Home Highlights

Parking
Open Parking
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$281/sqft
Listed
106 days ago
Last check for updates: about 4 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

Active Status

MLS Status: Sold

Interior Features

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 Features

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

Days on Market

Cumulative Days on Market: 84

Property Information

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 & Status

Price
List Price: $419,000Price Per Sqft: $281/sqft
Status Change & Dates
Off Market Date: Fri Jun 05 2026

Location

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

Building

Building Area
Building Area: 1492 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 6969.6 sqft

Offer

Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Miscellaneous

Mls Number: 613013643

Price History for 515 May St

DatePriceEventSource
06/24/2026$419,000Sold
RMLS (OR) #613013643
06/05/2026$419,000PendingRMLS (OR) #613013643
05/22/2026$419,000PriceChange
RMLS (OR) #613013643
04/28/2026$438,500PriceChange
RMLS (OR) #613013643
03/13/2026$448,500Listed For SaleRMLS (OR) #613013643
06/10/2025$278,500Sold
RMLS (OR) #600817891
05/30/2025$299,900PendingRMLS (OR) #600817891
05/25/2025$299,900Listed For SaleRMLS (OR) #600817891
04/12/2016$209,000Sold
RMLS (OR) #15082148
10/15/2007$235,000Sold
N/A

Market trends in Molalla

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
54
1MoM
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Property Tax and Assessment

Year2025
Tax$4,655
Assessment$524,570
Home facts updated by county records

Comparable Sales for 515 May St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
514 Hood St, Molalla, OR
0.06
Single-Family Home
$489,900
09/18/25
3
2
1,744
514 Hood Ct, Molalla, OR
0.06
Single-Family Home
$489,900
09/18/25
3
2
1,744
527 Hart Ave, Molalla, OR
0.24
Single-Family Home
$410,000
07/18/25
3
2
1,461
316 Berkley Ave, Molalla, OR
0.14
Single-Family Home
$430,000
10/28/25
3
1
1,081
225 N Molalla Ave, Molalla, OR
0.46
Single-Family Home
$415,000
12/11/25
3
2
1,212
813 Alyssa Ct, Molalla, OR
0.49
Single-Family Home
$495,000
05/06/26
3
2
1,513
820 E 3rd St, Molalla, OR
0.53
Single-Family Home
$495,000
01/15/26
3
2
1,512
506 Stowers Rd, Molalla, OR
0.41
Single-Family Home
$320,000
10/24/25
3
2
1,944

Nearby homes

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Assigned Schools

These are the assigned schools for 515 May St.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

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Explore by feature - Pet Friendly

6 pet-friendly rentals in Molalla, OR

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6 rentals with air conditioning in Molalla, OR

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Homes for sale near 515 May St

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Off Market Homes Near 515 May St

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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 2026-07-16 19:24:13 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.