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Single Family ResidenceResidential
$415,394$390 / 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 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

515 E 5TH ST

MOLALLA, OR 97038
2
Beds
1
Baths
1,064 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.
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
1913
Year BuiltThe year the home was originally built, according to county records.

Valuation

$415K
$399K low$432K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,433 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$179,224 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$174,004
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$318,260

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.0.21
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

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 · 0.8 mi
M
Molalla River Middle SchoolC
Middle · Grades 6–8 · 0.9 mi
E
Molalla Elementary SchoolC
Elementary · Grades KG–5 · 1.2 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

515 E 5th 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 more per square foot than 84% of homes in Molalla
  • Smaller than 92% of homes in Clackamas County
  • Older than 98% of homes in Molalla

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
$292K$1.2M

This home is worth more than 21% 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$415,394
CheaperTypical $486,414Pricier

Pricier than 21% of homes nearby

Price per ft²$390
CheaperTypical $319Pricier

Pricier than 79% of homes nearby

Living area1,064 ft²
SmallerTypical 1,620 ft²Bigger

Bigger than 10% of homes nearby

Lot size0.21 ac
SmallerTypical 0.4 acBigger

Bigger than 38% of homes nearby

Year built1913
OlderTypical 1984Newer

Newer than 2% of homes nearby

How 515 E 5th St ranks against every home in each area.
MeasureThis homeMolallaMolalla 97038Clackamas County
Estimated valuepricier than$415,39423% of homes21% of homes12% of homes
Price per ft²pricier than$39084% of homes79% of homes80% of homes
Living areabigger than1,064 ft²10% of homes10% of homes8% of homes
Lot sizebigger than0.21 ac49% of homes38% of homes42% of homes
Year builtnewer than19132% of homes2% of homes2% of homes

About 515 E 5th St

How much is 515 E 5th St, Molalla, OR worth?

The TopHap Estimate for 515 E 5th St, Molalla, OR is $415,394 as of Sep 24, 2026. The likely range is $398,850 to $431,938. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 515 E 5th St, Molalla, OR?

515 E 5th St, Molalla, OR has 2 bedrooms, 1 bathrooms, 1,064 square feet of living space and a 0.21-acre lot.

When was 515 E 5th St, Molalla, OR built?

515 E 5th St, Molalla, OR was built in 1913, making it 113 years old.

What schools serve 515 E 5th St, Molalla, OR?

515 E 5th 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 515 E 5th St, Molalla, OR compare to other homes in Molalla 97038?

Among the 5,712 homes in Molalla 97038, it is worth more than 21% of them ($415,394 against a typical $486,414), its price per square foot is higher than 79% of them ($390 against a typical $319), it is bigger than 10% of them (1,064 ft² against a typical 1,620 ft²), its lot is bigger than 38% of them (0.21 ac against a typical 0.4 ac) and it is newer than 2% of them (1913 against a typical 1984). 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.

What are the property taxes on 515 E 5th St, Molalla, OR?

The 2025 property tax bill for 515 E 5th St, Molalla, OR was $3,433. The county assessed it at $179,224.

More homes on E 5th St

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Assigned schools

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