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Single Family ResidenceResidential
$417,028$227 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $375,000 on Jan 22, 2025

408 E 2ND ST

MOLALLA, OR 97038
5
Beds
1.5
Baths
1,836 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.11 ac
Lot SizeThe size of the land the home sits on, from county records.
1942
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$417K
$379K low$455K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$375,000 · Jan 22, 2025

Tax & Assessment

Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$260,723 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$156,754
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$485,518

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyCLACKAMAS
Lot (acres)The size of the land the home sits on, from county records.0.12
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Molalla High SchoolB-
High · Grades 9–12 · 0.6 mi
M
Molalla River Middle SchoolC
Middle · Grades 6–8 · 0.8 mi
E
Molalla Elementary SchoolC
Elementary · Grades KG–5 · 1.1 mi

District: Molalla River School District 35

Neighborhood · ZIP 97038These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.105
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.112
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.151

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.16,755
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.90 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$85,095
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$100,596
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.74 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

408 E 2nd St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 88% of homes in Clackamas County
  • Costs less per square foot than 92% of homes in Molalla 97038
  • Bigger than 67% of homes in Molalla
  • Has a smaller lot than 97% of homes in Molalla 97038
  • Older than 90% of homes in Clackamas County

What homes are worth in Molalla 97038

Each bar is how many homes fall in that price range. The marker is this home.

This home
$300K$1.3M

This home is worth more than 18% of homes in Molalla 97038.

How it measures up in Molalla 97038

The dot is this home. The mark in the middle is the typical home in Molalla 97038.

Estimated value$417,028
CheaperTypical $489,356Pricier

Pricier than 18% of homes nearby

Price per ft²$227
CheaperTypical $320Pricier

Pricier than 8% of homes nearby

Living area1,836 ft²
SmallerTypical 1,620 ft²Bigger

Bigger than 63% of homes nearby

Lot size0.11 ac
SmallerTypical 0.4 acBigger

Bigger than 3% of homes nearby

Year built1942
OlderTypical 1983Newer

Newer than 14% of homes nearby

How 408 E 2nd St ranks against every home in each area.
MeasureThis homeMolallaMolalla 97038Clackamas County
Estimated valuepricier than$417,02819% of homes18% of homes12% of homes
Price per ft²pricier than$2279% of homes8% of homes8% of homes
Living areabigger than1,836 ft²67% of homes63% of homes42% of homes
Lot sizebigger than0.11 ac4% of homes3% of homes12% of homes
Year builtnewer than194213% of homes14% of homes10% of homes

About 408 E 2nd St

How much is 408 E 2nd St, Molalla, OR worth?

The TopHap Estimate for 408 E 2nd St, Molalla, OR is $417,028 as of Oct 21, 2026. The likely range is $379,215 to $454,841. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 408 E 2nd St, Molalla, OR last sell?

408 E 2nd St, Molalla, OR last sold on Jan 22, 2025 for $375,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 408 E 2nd St, Molalla, OR?

408 E 2nd St, Molalla, OR has 5 bedrooms, 1.5 bathrooms, 1,836 square feet of living space and a 0.12-acre lot.

When was 408 E 2nd St, Molalla, OR built?

408 E 2nd St, Molalla, OR was built in 1942, making it 84 years old. The building has 1 story.

What schools serve 408 E 2nd St, Molalla, OR?

408 E 2nd St, Molalla, OR is assigned to Molalla High School (high), rated B-; Molalla River Middle School (middle), rated C; Molalla Elementary School (elementary), rated C. All sit in Molalla River School District 35. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 408 E 2nd St, Molalla, OR compare to other homes in Molalla 97038?

Among the 5,719 homes in Molalla 97038, it is worth more than 18% of them ($417,028 against a typical $489,356), its price per square foot is higher than 8% of them ($227 against a typical $320), it is bigger than 63% of them (1,836 ft² against a typical 1,620 ft²), its lot is bigger than 3% of them (0.11 ac against a typical 0.4 ac) and it is newer than 14% of them (1942 against a typical 1983). Measured against all of Clackamas County, it is worth more than 12% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

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