An exceptional riverfront retreat offering approximately 70 feet of private frontage and a lifestyle that feels worlds away. Set on a generous 0.52-acre lot at the end of a quiet, dead-end street, this property captures the essence of peaceful waterfront living—where the gentle sound of the river becomes your daily backdrop. Spend your summers entertaining on multiple outdoor spaces, including two expansive decks for BBQs, gathering with friends or simply relaxing as the river flows by. Tend to your garden, enjoy direct shoreline access or start your mornings on the cozy front porch with a cup of coffee. With nearby parks and a convenient boat ramp, outdoor recreation is always within reach. Inside, the home is beautifully updated and move-in ready, featuring bamboo flooring throughout the main areas and a light-filled, open concept layout designed for both comfort and connection. The open kitchen with island flows effortlessly into the main living and dining areas—perfect for entertaining and everyday living. The primary suite is a true showstopper—wake up to serene river views, then unwind in the spa-like bath complete with a soaking tub and walk-in shower. Recent upgrades include a new furnace and heat pump with A/C (2021), updated electrical panel, and a whole-house water filtration system (2023), offering modern efficiency and peace of mind. Added benefit: the current flood insurance policy is transferable—an increasingly valuable advantage for waterfront properties! A rare opportunity to own a thoughtfully upgraded riverfront home that seamlessly blends luxury, tranquility, and everyday livability.
Sold
$600,000
31998 S Shady Dell Rd, Molalla, OR 97038
4beds
1,480sqft
Residential, Single Family Residence
Built in 1935
0.52 Acres Lot
$588,700 Zestimate®
$405/sqft
$2,584 Estimated rent
Home value
$588,700
$559,000 - $618,000
$2,584/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Marc Fox 503-593-5493,
Keller Williams Realty Portland Premiere,
Sean Dooney 503-593-5493,
Keller Williams Realty Portland Premiere
Bought with:
Neil Nelson, 201232959
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 553527818
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Features: Deck, Sliding Doors, Bamboo Floor, Ensuite, Walkin Closet
- Level: Main
- Area: 304
- Dimensions: 19 x 16
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Main
- Area: 132
- Dimensions: 11 x 12
Bedroom 3
- Features: Closet, Wallto Wall Carpet
- Level: Main
- Area: 80
- Dimensions: 10 x 8
Bedroom 4
- Features: Closet, Wallto Wall Carpet
- Level: Main
- Area: 90
- Dimensions: 9 x 10
Dining room
- Features: Deck, Bamboo Floor
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Kitchen
- Features: Dishwasher, Island, Microwave, Pantry, Bamboo Floor, Free Standing Refrigerator, Quartz
- Level: Main
- Area: 144
- Width: 16
Living room
- Features: Pellet Stove, Bamboo Floor
- Level: Main
- Area: 240
- Dimensions: 20 x 12
Heating
- Forced Air
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Disposal, Microwave, Stainless Steel Appliance(s), Free-Standing Refrigerator, Electric Water Heater
Features
- Closet, Kitchen Island, Pantry, Quartz, Walk-In Closet(s)
- Flooring: Bamboo, Wall to Wall Carpet
- Doors: Sliding Doors
- Number of fireplaces: 1
- Fireplace features: Pellet Stove
Interior area
- Total structure area: 1,480
- Total interior livable area: 1,480 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, On Street, Detached
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Ground Level, Main Floor Bedroom Bath, Minimal Steps, One Level, Walkin Shower, Accessibility
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Porch
- Exterior features: Garden, Yard
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: River Front
- Body of water: Molalla River
Lot
- Size: 0.52 Acres
- Features: Level, SqFt 20000 to Acres1
Details
- Parcel number: 01101603
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Molalla
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Sold | $600,000+4.3%$405/sqft |
Source:  RMLS (OR) #553527818 Report a problem | ||
| 5/1/2026 | Pending sale | $575,000$389/sqft |
Source: RMLS (OR) #553527818 Report a problem | ||
| 4/29/2026 | Listed for sale | $575,000+9.5%$389/sqft |
Source: RMLS (OR) #553527818 Report a problem | ||
| 5/7/2021 | Sold | $525,000+28%$355/sqft |
Source: Public Record Report a problem | ||
| 2/26/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/5/2020 | Listing removed | $2,500$2/sqft |
Source: Owner Report a problem | ||
| 11/1/2020 | Listed for rent | $2,500$2/sqft |
Source: Owner Report a problem | ||
| 8/5/2020 | Listing removed | $2,500$2/sqft |
Source: Owner Report a problem | ||
| 7/30/2020 | Listed for rent | $2,500$2/sqft |
Source: Owner Report a problem | ||
| 7/19/2019 | Sold | $410,000-3.5%$277/sqft |
Source: RMLS (OR) #19051555 Report a problem | ||
| 6/15/2019 | Pending sale | $425,000$287/sqft |
Source: eXp Realty, LLC #19051555 Report a problem | ||
| 6/8/2019 | Listed for sale | $425,000$287/sqft |
Source: eXp Realty, LLC #19051555 Report a problem | ||
| 5/26/2019 | Pending sale | $425,000$287/sqft |
Source: eXp Realty, LLC #19051555 Report a problem | ||
| 5/24/2019 | Listed for sale | $425,000+101.5%$287/sqft |
Source: eXp Realty, LLC #19051555 Report a problem | ||
| 1/22/2018 | Sold | $210,900+42.4%$143/sqft |
Source: RMLS (OR) #17627281 Report a problem | ||
| 11/22/2017 | Sold | $148,100-25.9%$100/sqft |
Source: Public Record Report a problem | ||
| 10/27/2017 | Pending sale | $199,900$135/sqft |
Source: Pacific Realty Northwest LLC #17627281 Report a problem | ||
| 10/16/2017 | Listed for sale | $199,900-15.7%$135/sqft |
Source: Pacific Realty Northwest LLC #17627281 Report a problem | ||
| 8/14/2017 | Sold | $237,000+6671.4%$160/sqft |
Source: Public Record Report a problem | ||
| 7/6/2017 | Sold | $3,500-97.7%$2/sqft |
Source: Public Record Report a problem | ||
| 12/30/1996 | Sold | $151,250+202.5%$102/sqft |
Source: Public Record Report a problem | ||
| 12/28/1995 | Sold | $50,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,291 +3.5% | $311,169 +3% |
| 2024 | $4,145 +16% | $302,106 +3% |
| 2023 | $3,574 +2.9% | $293,307 +3% |
| 2022 | $3,472 +4.7% | $284,765 +3% |
| 2021 | $3,317 +2.8% | $276,471 +3% |
| 2020 | $3,228 +23.5% | $268,419 +24.2% |
| 2019 | $2,613 +7.3% | $216,191 +7.7% |
| 2018 | $2,435 | $200,717 +3% |
| 2017 | $2,435 +12.5% | $194,871 +3% |
| 2016 | $2,165 | $189,195 +3% |
| 2015 | $2,165 +2.8% | $183,684 +3% |
| 2014 | $2,105 +9.5% | $178,334 +3% |
| 2013 | $1,923 +0.5% | $173,140 +3% |
| 2012 | $1,914 +5.8% | $168,097 +3% |
| 2011 | $1,810 -0.9% | $163,201 +3% |
| 2010 | $1,826 -1.8% | $158,448 +3% |
| 2009 | $1,858 +3.7% | $153,833 +3% |
| 2008 | $1,792 +4.7% | $149,352 +3% |
| 2007 | $1,711 +4.1% | $145,002 +3% |
| 2006 | $1,643 +3.9% | $140,779 +3% |
| 2005 | $1,581 +4.6% | $136,679 +3% |
| 2004 | $1,512 +1.2% | $132,698 +3% |
| 2003 | $1,494 +46.9% | $128,833 +49.9% |
| 2002 | $1,017 +32.4% | $85,962 +36.8% |
| 2001 | $768 +12% | $62,816 +3% |
| 2000 | $686 | $60,986 |
Find assessor info on the county website
Neighborhood: 97038
Nearby schools
GreatSchools rating
- 7/10Molalla Elementary SchoolGrades: K-5Distance: 2.8 mi
- 7/10Molalla River Middle SchoolGrades: 6-8Distance: 2.7 mi
- 6/10Molalla High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Molalla
- Middle: Molalla River
- High: Molalla
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$588,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$588,700
- Oregon
- Clackamas County
- Molalla
- 97038
- 31998 S Shady Dell Rd