Google street view image for 509 Ridings Ave, Molalla, OR 97038

Off Market May 2016 for $280K

$573,076

•

6 ba

•

2,616

sq ft

509 Ridings Ave, Molalla, OR 97038

About this home

Multi-familyProperty Type

1992Year Built

$219Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Carol Maloy • RE/MAX HomeSource

Bought with Ed Stafford • RE/MAX HomeSource

Redfin checked: a minute ago

•Source:RMLS #16486957

Redfin Estimate

$573,076

$293K since sold in May 2016$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.7% higher than the average sale price ($558K) of 6 comparable homes.

SOLD JUN 5, 2026
$526,000
A
4 beds3 baths2,240 sq ft
880 Meadowlark Pl, Molalla, OR 97038
SOLD MAR 12, 2026
$495,000
B
4 beds3 baths2,486 sq ft
947 Meadowlark Pl, Molalla, OR 97038
SOLD MAY 22, 2026
$500,000
C
4 beds3 baths2,150 sq ft
845 Meadow Dr, Molalla, OR 97038
SOLD APR 15, 2026
$600,000
D
3 beds4 baths3,094 sq ft
940 Explorer Ave, Molalla, OR 97038
SOLD JUN 26, 2026
$710,000
E
4 beds3 baths3,278 sq ft
821 E 7th St, Molalla, OR 97038
SOLD AUG 4, 2026
$516,000
F
3 beds3 baths1,739 sq ft
204 Miller St, Molalla, OR 97038

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$364,097

Est. take-home

List your home with Redfin and save $5,731

Market trends in 97038, OR

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.5%

0.3% MoM

Median sale price

$505K

$15K MoM

Avg. days on market

32d

6 days MoM

Recently sold homes

1 MoM

New listings for sale

$625,000
3 beds3 baths1,834 sq ft
35255 S Summit Ln, Molalla, OR 97038
Stephanie Peck • eXp Realty, LLC
OPEN TODAY, 12PM TO 3PM
$449,900
3 beds2 baths1,623 sq ft
1057 MT View Ln, Molalla, OR 97038
Nicole Gherman • Premiere Property Group, LLC
OPEN TODAY, 11AM TO 1PM
$489,000
4 beds3 baths1,843 sq ft
904 Bear Creek Dr, Molalla, OR 97038
Kelsey Huey • Premiere Property Group, LLC
OPEN TODAY, 12PM TO 2PM
$495,000
4 beds2 baths1,824 sq ft
206 Hauser Ct, Molalla, OR 97038
Kellie Kotlar • Proud Realty LLC
$485,000
3 beds2 baths1,693 sq ft
245 Taurus St, Molalla, OR 97038
Cindy Dragowsky • MORE Realty
$415,000
3 beds2 baths1,782 sq ft
743 Saint James Pl, Molalla, OR 97038
Lisa Stone • Premiere Property Group, LLC
$619,900
3 beds2 baths1,712 sq ft
10501 S Rosewood Way, Molalla, OR 97038
Amy Legg • MORE Realty
$465,000
4 beds3 baths1,604 sq ft
139 Toliver Ct, Molalla, OR 97038
Heladio Vera • Premiere Property Group, LLC
See all

Provided by Redfin

Sale history for 509 Ridings Ave

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Clackamas County

APN

01089798

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 15, 2024.

Residential Medium-High Density District

The Residential Medium-High Density Residential R-3 district permits single-family dwellings on small lots, duplex dwellings, and multifamily dwellings. Permitted dwellings include detached housing and attached e.g., townhouse and multifamily housing. The R-3 district also permits community service uses such as schools, parks, religious institutions/places of worship; and public and semipublic structures such as fire stations and utilities.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Senior
Housing-Student
Infrastructure
Park & open space

Property details

Parking

Parking Information
Parking Features: Garage, Garage Door Opener
Parking Total: 4

Interior

Appliances
Hot Water Description: Gas

Interior Features
Storage: Garage(s)
Basement: Crawl Space

Multi Unit Information
# Of Units Total: 2

Unit Information
Unit Type: 1, 2

Unit Type 1 Information
Actual Rent: $975
Area: 1,208
Baths Total: 3
Beds Total: 2
Features: Dishwasher, Range, Refrigerator, Washer/Dryer
Units Total: 1

Unit Type 2 Information
Actual Rent: $950
Area: 1,208
BathsTotal: 3
Beds Total: 2
Features: Dishwasher, Range, Refrigerator, Washer/Dryer
Units Total: 1

Exterior

Exterior Features
Roof: Composition
Exterior Description: Cement Siding, Lap Siding

Lot Information
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size: 7,000 to 9,999 SqFt
Lot Features: Level
Parcel Number: 01089798

Property Information
Property Type: Multi Family
Property Attached YN: No
View YN: No

Building Information
Year Built: 1992
Building Area Total: 2,616

Financial

Tax Information
Tax Legal Description: PARTITION PLAT 2011-032 PARCEL 1
Tax Annual Amount: $4,015.28

Rent Information
Rent Includes: Sewer, Trash Collection, Water

Lease / Rent Information
CAP Rate: 5.97
Gross Rent Multiplier: 12.55

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: No

Location

School Information
Elementary School: Molalla
Middle Or Junior School: Molalla River
High School: Molalla

Location Information
Directions: Hwy 211/ W Main Street.. turn N on Ridings Ave.. or from Toliver Rd, turn S on Ridings Ave.
Unparsed Address: 509 RIDINGS AVE, Molalla, OR 97038

Community Information
Zoning: R-2

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Clackamas County
APN: 01089798

Home facts updated by county records on Aug 15, 2024

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Molalla Elementary School

Public K-5 • Assigned • 0.5mi

7/10

Molalla River Middle School

Public 6-8 • Assigned • 0.3mi

7/10

Molalla High School

Public 9-12 • Assigned • 0.8mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

14 unhealthy days expected this year, 17 days in 30 years

Provided by First Street

Historical weather

Molalla, OR • 97038

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

10 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$545,000 – $660,000

Reach more buyers when you sell with Redfin. Save up to $5,731 in fees. 3 minutes to get started.

Get a free, detailed breakdown of how we calculated your estimate.

Nearby similar homes

$1,090,000

4 beds4 baths2,939 sq ft

5321 Lakeview Blvd, Lake Oswego, OR 97035

Adriana Gavozdea • Premiere Property Group, LLC

$899,500

4 beds3 baths2,800 sq ft

34430 SE Coupland Rd, Estacada, OR 97023

Courtney O'Byrne • Keller Williams Realty Portland Elite

$620,000

5 beds4 baths3,836 sq ft

670 Smith Dr, Woodburn, OR 97071

Christina Williamson • Hallmark Properties, Inc.

$775,000

6 beds6 baths3,215 sq ft

301 S 1st St. St, Silverton, OR 97381

Chris Forrette • HomeSmart Realty Group

$350,000

3 beds2 baths1,344 sq ft

1016 Center St, Oregon City, OR 97045

Nash Barinaga • Soldera Properties, Inc

$357,500

3 beds2 baths2,076 sq ft

423 NE Ginseng Dr, Estacada, OR 97023

New listings for sale in 97038

$625,000

3 beds3 baths1,834 sq ft

35255 S Summit Ln, Molalla, OR 97038

Stephanie Peck • eXp Realty, LLC

OPEN TODAY, 12PM TO 3PM

$449,900

3 beds2 baths1,623 sq ft

1057 MT View Ln, Molalla, OR 97038

Nicole Gherman • Premiere Property Group, LLC

OPEN TODAY, 11AM TO 1PM

$489,000

4 beds3 baths1,843 sq ft

904 Bear Creek Dr, Molalla, OR 97038

Kelsey Huey • Premiere Property Group, LLC

OPEN TODAY, 12PM TO 2PM

$495,000

4 beds2 baths1,824 sq ft

206 Hauser Ct, Molalla, OR 97038

Kellie Kotlar • Proud Realty LLC

$485,000

3 beds2 baths1,693 sq ft

245 Taurus St, Molalla, OR 97038

Cindy Dragowsky • MORE Realty

$415,000

3 beds2 baths1,782 sq ft

743 Saint James Pl, Molalla, OR 97038

Lisa Stone • Premiere Property Group, LLC

$619,900

3 beds2 baths1,712 sq ft

10501 S Rosewood Way, Molalla, OR 97038

Amy Legg • MORE Realty

$465,000

4 beds3 baths1,604 sq ft

139 Toliver Ct, Molalla, OR 97038

Heladio Vera • Premiere Property Group, LLC

Home values near 509 Ridings Ave

Data from public records.

Address	Redfin Estimate
504 Ridings Avenue, Molalla, OR 3 Beds \| 2 Baths \| 1554 Sq. Ft.	$556,140
506 Ridings Avenue, Molalla, OR 5 Beds \| 2 Baths \| 1926 Sq. Ft.	$478,727

Address	Redfin Estimate
509 Ridings Avenue, Molalla, OR 4 Beds \| 5 Baths \| 2616 Sq. Ft.	$652,284
500 Ridings Avenue, Molalla, OR 3 Beds \| 1.5 Baths \| 1290 Sq. Ft.	$423,265

Address	Redfin Estimate
516 Ridings Avenue, Molalla, OR 3 Beds \| 1 Baths \| 1736 Sq. Ft.	$409,264
505 Ridings Avenue, Molalla, OR 8 Beds \| 4 Baths \| 3588 Sq. Ft.	$664,738

Property information provided by RMLS when last listed in 2016. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for sale near me	Portland, OR homes for sale	Salem, OR homes for sale
Land for sale near me	Bend, OR homes for sale	Hillsboro, OR homes for sale
Open Houses near me	Beaverton, OR homes for sale	Molalla Property Records
Condos for sale near me	Eugene, OR homes for sale	OR New Listings
Agents near me	Lake Oswego, OR homes for sale	Molalla Housing Market

Portland homes for sale
Lake Oswego homes for sale
Oregon City homes for sale