tomo logo

$605,000

Beds
5
Baths
2.5
sq ft
Unknown

123 Shirley St, Molalla, OR 97038

123 Shirley St

Molalla, OR 97038

  • 11 days on market
    • Open house Feb 23
Historic Custom Craftsman with Modern Updates. Originally built by Oliver Willard Robbins — a skilled carpenter — this stunning custom craftsman home is a true piece of local history. Commissioned in 1899, the home was affectionately known as the "house on the hill" and reflects the Foursquare Craftsman architectural style. Featuring mahogany woodwork, crystal doorknobs, and a grand front porch, it once stood as a stately residence in the heart of Molalla’s early community. Inside, the spacious open-concept living area welcomes you with warm wood floors, a cozy fireplace, and abundant natural light. A versatile bonus room on the main level makes for the perfect office, den, or playroom. The inviting dining room showcases original built-ins and exposed beams, leading to a well-appointed kitchen featuring a copper sink, cook island, and ample storage. The main-level primary suite offers rustic luxury, complete with double sinks, a spa-like shower, and a walk-in closet. Upstairs, you'll find four additional bedrooms, providing plenty of space for family and guests. Step outside to enjoy the expansive yard and sprawling deck, ideal for entertaining or relaxing on warm summer days. Steeped in history and thoughtfully updated for modern living, this rare gem offers a unique opportunity to own a piece of Molalla’s past—don’t miss your chance to make it yours!

Details

Property type

Single Family Residence

Est. home value

$544,845

Lot size

Unknown

Price per sq ft

Unknown

Year built

1904

Annual property taxes

$4,786.85

HOA

No

Price History

02/10/2025
PortlandOR

PortlandOR #327035761

Listed
$605,000
-0.82%
01/20/2025
PortlandOR

PortlandOR #24498354

Removed
$610,000
11/19/2024
PortlandOR

PortlandOR #24498354

Price change
$610,000
-0.81%

Schools & Community

Elementary school: 

Molalla

Middle school: 

Molalla River

High school: 

Molalla

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$37,152
Asking price
$605,000
Closing costs (~8% of asking)
-$48,400
Est. remaining loan balance
-$519,448
Cash to seller
$37,152

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Geneva Financial Llc

Loan start date

May 2022

Original loan amount

$544,947

Est. remaining balance

$519,448

Interest rate

4.42%

Loan type

FHA, 30 year

Seller

Jordan Wadel and Renee W Montandon

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

PortlandOR
$600,000
5 bd
|
2.5 ba
|
2,350 sq ft
|
House

1520 N Maple St, Canby, OR 97013

Price drop
PortlandOR
$668,900
5 bd
|
3 ba
|
House

2138 N Laurelwood St, Canby, OR 97013

Price drop
PortlandOR
$568,985
5 bd
|
3 ba
|
House

856 Bear Creek Dr, Molalla, OR 97038

Status: Active

Tomo last checked: 02/22/2025 at 10:55 AM

Listing updated: 02/21/2025 at 7:50 AM

Listed by: Katharine Granum, Real Broker Phone #: (503) 360-1640

MLS: PortlandOR #327035761

PortlandOR logo

Recently listed in Molalla

$589,900|3 bd|2.5 ba|House
$579,900|4 bd|2.5 ba|House
$614,900|4 bd|2.5 ba|House
$895,000|3 bd|1.0 ba|House
$225,000|3 bd|1.0 ba|House
$429,900|3 bd|2.0 ba|Manufactured
$605,000|5 bd|2.5 ba|House
$485,000|3 bd|1.5 ba|House
$599,900|2 bd|1.0 ba|House