15575 S Wave Rd, Mulino, OR 97042 Property Records

Clackamas County property record for 15575 S Wave Rd, Mulino, OR 97042

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,728 sqft · built 1940
Lot Size	4.88 acres (212,573 sqft)
Owner	Individual Name on Record
Last Sale	$750,000 (Jun 2022)
Tax Bill	$2,593 (2025)
Deeds & Mortgages	Jun 2022 Sale & Mortgage Jan 2022 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`42E15 00903`

Property Details

APN / Parcel Number

Primary APN	`42E15 00903`
Alternative APN	`01029041`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Stories	1 Story
Building Area	1,728 sqft Living Area

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1940
Exterior Material	Wood
Foundation Type	Pier/Post & Beam
Roof Type	Gable
Roof Material	Wood Shingle
Lot Area	212,573 sqft (4.88 acres)

Utilities, Heating & Cooling

Heating System	Baseboard
Heating Fuel	Oil

Location & Zoning

Account Number	01029041
Street Address	15575 S WAVE RD
City	MULINO
State	OR
Zip	97042-9783
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	TBR
Legal Description	SECTION 15 TOWNSHIP 4S RANGE 2E TAX LOT 00903
Legal Range	02E
Legal Township	04S
Legal Section	15
Legal Lot Number	903
Jurisdiction	CLACKAMAS OR
Township / Civil Division	MULINO
Census Block Group	2
Census Block	2006
Census Tract	23700

Owner

Source: Clackamas County records, as of May 19, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	15575 S WAVE RD, MULINO, OR 97042-9783
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jun 21, 2022	Warranty Deed, Transfer · Conventional Mortgage HOME POINT FINANCIAL CORPORATION
Jan 28, 2022	Deed of Trust, Mortgage · Conventional Mortgage US BANK NA
Sep 20, 2021	Deed of Trust, Mortgage · Line of Credit US BANK NA
Aug 21, 2018	Deed of Trust, Mortgage · Conventional Mortgage US BANK NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 21, 2022 · Amount on Record
Deed Sale	Jun 21, 2022 · Amount on Record
Prior Sale	Apr 13, 2016
Deed Document Number	202236054
Record Updated	Oct 29, 2026

June 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CLACKAMAS OR
Recording Date	Jun 21, 2022
Property Address	15575 S WAVE RD, MULINO, OR 97042-9783
Document Number	0000036054
Instrument Date	Jun 6, 2022
Instrument	2022-036054
Transaction Type	Transfer
Record Updated	Jun 27, 2022
Title Company	OLD REPUBLIC TITLE COMPANY/OR, OLD REPUBLIC TITLE CO OF OR

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	15575 S WAVE RD, MULINO, OR 97042-9783

Mortgage

Document Number	0000036055
Date	Jun 21, 2022
Instrument	2022-036055

Lender

Name	HOME POINT FINANCIAL CORPORATION
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jul 1, 2052

January 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CLACKAMAS OR
Property Address	15575 S WAVE RD, MULINO, OR 97042-9783
Transaction Type	Mortgage
Record Updated	Feb 2, 2022
Title Company	FIDELITY NATIONAL TITLE-OR, FIDELITY NATIONAL TTL OF OR

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000006040
Date	Jan 28, 2022
Instrument	2022-006040

Lender

Name	US BANK NA
Type	Bank
Address	OWENSBORO, KY 42301

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Feb 1, 2052

September 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CLACKAMAS OR
Property Address	15575 S WAVE RD, MULINO, OR 97042-9783
Transaction Type	Mortgage
Record Updated	Sep 24, 2021
Title Company	RADIAN SETTLEMENT SERVICES INC, RADIAN SETTLEMENT SERVICES

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	15575 S WAVE RD, MULINO, OR 97042-9783

Mortgage

Document Number	0000085298
Date	Sep 20, 2021
Instrument	2021-085298

Lender

Name	US BANK NA
Type	Bank
Address	CINCINNATI, OH 45202

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	Sep 15, 2051

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

August 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CLACKAMAS OR
Property Address	15575 S WAVE RD, MULINO, OR 97042-9783
Transaction Type	Mortgage
Record Updated	Feb 5, 2021
Title Company	TICOR TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000052131
Date	Aug 21, 2018
Instrument	2018-052131

Lender

Name	US BANK NA
Type	Bank
Address	OWENSBORO, KY 42301

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Sep 1, 2048

Tax Assessment & Valuation

Source: Clackamas County assessment roll, as of October 29, 2025

Property Jurisdictions

Type	Name
State	Oregon
County	Clackamas County
Unified School District	Molalla River School District 35 (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,593.00 (+20.05%)	$185,909 (+6.09%)	$665,294 (+1.34%) Land $418,834 Building $246,460
2023	$2,160.00	$175,241	$656,490 Land $410,330 Building $246,160

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective April 12, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 10 (0% premium discount)
Nearby Flood Policies	7 in force
Nearby Flood Claims	5 (1996–2009)
Claims Outside the SFHA	3 of 5
Most Recent Claim	Jan 2009 · river or lake flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 93% of Oregon
Wildfire Likelihood	0.03% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 12 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Molalla Communications Company Fiber	2,500 / 2,500

Cell Coverage

5G (outdoors only) and 4G LTE

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