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Sold on 01/07/2022
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855 Meadow Dr, Molalla, OR 97038

$636,058

Last sold 01/07/2022 for $572K

  • —

    bed

  • —

    bath

  • 2,478

    Sqft ($231/Sqft)

Multi-family not for sale
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About 855 Meadow Dr

Property type Multi-family
Neighborhood
Year built 2005
HOA fee $0/month
Lot size 8,712 Sqft
Movoto estimate
Parking 3 garage spaces
Property description
This multi-family property is located at 855 Meadow Dr, Molalla, OR, 97038 in Clackamas County and was built in 2005. The property offers 2,478 square feet of living space on a 8,712 sq ft (0.2-acre) lot. It is served by municipal water and sewer. Parking includes a 3-car garage.
Overview
Cooling/AC None
Heating Forced Air
MLS # 256831763
Type Multi Family
Status Active
Lot Size (SqFt) 8712
Lot Size (Acres) 0.2
Property Tax 6277.11
Year Built 2005
Exterior
Roof Shingle
# Garage Spaces 3
Exterior Features Brick, CementSiding, T111Siding
Lot Desc Level, PublicRoad
Amenities / Utilities
Hot Water Gas
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View Trees/Woods
County Clackamas
Subdivision Big Meadow
Area 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino
Elementary School Rural Dell
Middle School Molalla River
High School Molalla
Zoning R-1
Directions Hiway 213 To Meadow
APN 5009495
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 3
Unit Type 1: Rent 1825
Total # of Units 2
Gross Rent Multiplier 15.95
Operating Expense Scheduled 6633
Net Operating Income 32074
Operating Expense 6668
Gross Scheduled Income 49730
Gross Income 38742
Cap Rate 5.19
Net Scheduled Income 43097
Lot/ Land Details
Road Surface Paved
$636K
Range: $572K-$699K
Last 30 days 
  • Apr 2025
  • Apr 1, 2025 Delisted
    $618,000
  • Jan 31, 2025 Listed
    $618,000 (+8.0%)
  • Jan 2022
    Public Records
  • Jan 7, 2022 Sold
    $572,000
  • Jan 2022
  • Jan 7, 2022 Sold
    $572,000 (+4.0%)
  • Nov 30, 2021 Pending
    —
  • Nov 22, 2021 Listed
    $550,000 (+97.8%)
  • Nov 2021
  • Nov 23, 2021 Listed
    $550,000
  • Aug 2005
    Public Records
  • Aug 30, 2005 Sold
    $278,100
  • Year Property taxes Tax assessment
  • 2024
    $6,277 +17.7%
    $329,130 +3.0%
  • 2023
    $5,331 +3.0%
    $319,544 +3.0%
  • 2022
    $5,176 +4.3%
    $310,237 +3.0%
  • 2021
    $4,964 +2.9%
    $301,201 +3.0%
  • 2020
    $4,825 +3.0%
    $292,429 +3.0%
  • 2019
    $4,685 +6.1%
    $283,912 +3.0%
  • 2018
    $4,417 +4.3%
    $275,643 +3.0%
  • 2017
    $4,235
    $267,615
  • 855 Meadow Dr
    $572K
  • 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino
    —
  • 97038
    $576K +2% y/y
  • Molalla
    $576K +2% y/y
No chart available
Statistics calculated by Movoto

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Around 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino

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