308 May St, Molalla, OR 97038 Property Records

Clackamas County property record for 308 May St, Molalla, OR 97038

Property Summary

Property TypeSingle Family Home
Details1,404 sqft · built 1995
Lot Size0.189 acres (8,240 sqft)
OwnerOwner Name on Record
Last Sale$150,000 (Aug 2014)
Tax Bill$3,277 (2025)
Deeds & MortgagesJan 2020 Reverse Mortgage
Dec 2019 Mortgage
Flood ZoneZone X (minimal risk)
APN52E16BB03500

Property Details

APN / Parcel Number

Primary APN52E16BB03500
Alternative APN
  • 01642315

Interior

Building Area1,404 sqft Living Area
1st Floor Area1,404 sqft

Exterior

Year BuiltBuilt 1995
Exterior MaterialOther
Foundation TypeBlock
Roof MaterialComposition Shingle
Lot Area8,240 sqft
Garage Area400 sqft
Parking Spaces2 Parking Spaces

Utilities, Heating & Cooling

Heating SystemForced Air

Location & Zoning

Account Number01642315
Street Address308 MAY ST
CityMOLALLA
StateOR
Zip97038-9118
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR2
Legal Description3159 LINDSAY ADD #2 LT 15
Legal Range02E
Legal Township05S
Legal Section16
Legal QuarterNW
Quarter-Quarter SectionNW
Legal SubdivisionLINDSAY ADD
Legal Lot Number15
JurisdictionCLACKAMAS OR
Township / Civil DivisionMOLALLA
Census Block Group2
Census Block2023
Census Tract23902

Owner

Source: Clackamas County records, as of November 17, 2025

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

Owner of RecordOwner Name on Record
Mailing Address308 MAY ST, MOLALLA, OR 97038-9118
OccupancyOwner Occupied

Deeds, Mortgages & Sale History

DateDocument
Jan 23, 2020Deed of Trust, Mortgage · Reverse Mortgage
REVERSE MORTGAGE FUNDING LLC
Dec 13, 2019Deed of Trust, Mortgage · FHA Mortgage
COMMISSIONER/HSNG & URBAN DEV

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 8, 2014 · Amount on Record
Deed SaleAug 8, 2014 · Amount on Record
Prior SaleAug 29, 1997 · Amount on Record
Deed Document Number2014-039856
Record UpdatedJun 8, 2026

January 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCLACKAMAS OR
Property Address308 MAY ST, MOLALLA, OR 97038-9118
Transaction TypeMortgage
Record UpdatedFeb 7, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000005146
DateJan 23, 2020
Instrument2020-005146
Lender
NameREVERSE MORTGAGE FUNDING LLC
TypeReverse Mortgage Lender
AddressBLOOMFIELD, NJ 07003
Agreement
TypeReverse Mortgage
AmountAmount Recorded
Term773 Months
DueJun 6, 2084
Interest
Rate TypeAdjustable Rate
Rate3.79%
Type Change DateJan 1, 2021
Change FrequencyAnnually
Index1-Year LIBOR

December 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCLACKAMAS OR
Property Address308 MAY ST, MOLALLA, OR 97038-9118
Document Number0000005147
Instrument DateDec 13, 2019
Transaction TypeMortgage
Record UpdatedFeb 4, 2020
Title CompanyFNC TITLE LLC

Transferred To (Grantee/Buyer)

NameVerified Name
Address308 MAY ST MOLALLA OR 970389118, MOLALLA, OR 97038-9118

Mortgage

Document Number0000005147
DateJan 23, 2020
Instrument5147
Lender
NameCOMMISSIONER/HSNG & URBAN DEV
AddressWASHINGTON, DC 20410
Agreement
TypeFHA Mortgage
AmountAmount Recorded
Term768 Months
DueJan 22, 2084
Interest
Rate TypeAdjustable Rate
Rate3.79%

Tax Assessment & Valuation

Source: Clackamas County assessment roll, as of September 30, 2025

Property Jurisdictions

TypeName
StateOregon
CountyClackamas County
MunicipalityMolalla City
Unified School DistrictMolalla River School District 35 (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$3,277.00 (+21.78%)$171,121 (+6.09%)$319,660 (+4.31%) Land $206,250 Building $113,410
2023$2,691.00$161,299$306,440 Land $190,570 Building $115,870

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 16 policies
Community Rating SystemClass 10 (0% premium discount)
Nearby Flood Policies16 in force
Nearby Flood Claims16 (1996–2025)
Claims Outside the SFHA1 of 16
Most Recent ClaimDec 2025 · Severe Storms, Straight-line Winds, Flooding, Landslides, And Mudslides
Claims by Event
  • Severe Storms, Straight-line Winds, Flooding, Landslides, And Mudslides, Dec 2025 · 5 claims
  • High Winds, Severe Storms And Flooding, Feb 1996 · 10 claims

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 RiskLow
lower than 66% of the US · lower than 88% of Oregon
Wildfire Likelihood0.02% annual chance
ExposureNone
beyond ember reach

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

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF MOLALLA
serves 10,298 people · EPA ID OR4100534
Water SourceSurface water
Last State InspectionJun 2023
Lead1 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 221 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Molalla Communications Company
Fiber
2,500 / 2,500
Astound Broadband
Cable
1,500 / 50
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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