38640 S Prospect Dr, Molalla, OR 97038 Property Records

Clackamas County property record for 38640 S Prospect Dr, Molalla, OR 97038

Property Summary

Property Type	Rural Home
Details	3 bd · 2 ba · 1,940 sqft · built 2018
Lot Size	9.82 acres (428,153 sqft)
Owner	Individual Name on Record
Last Sale	$200,000 (Jul 2018)
Tax Bill	$5,579 (2025)
Deeds & Mortgages	Sep 2021 Mortgage Feb 2019 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`61E14 01117`

Property Details

APN / Parcel Number

Primary APN	`61E14 01117`
Alternative APN	`01127435`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Building Area	1,940 sqft Living Area

Exterior

Year Built	Built 2018
Lot Area	428,153 sqft

Location & Zoning

Account Number	01127435
Street Address	38640 S PROSPECT DR
City	MOLALLA
State	OR
Zip	97038-8788
Property Category	Residential
Property Type	Residential > Single Family > Rural Home
Local Zoning Code	AGF
Legal Description	115 FRIENDS ORE COLONY LT 133
Legal Range	01E
Legal Township	06S
Legal Section	14
Legal Subdivision	FRIENDS ORE COLONY
Legal Lot Number	133
Jurisdiction	CLACKAMAS OR
Township / Civil Division	MOLALLA
Census Block Group	1
Census Block	1030
Census Tract	24000

Owner

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

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Individual Name on Record
Co-owner	Co-owner on Record
Mailing Address	38640 S PROSPECT DR, MOLALLA, OR 97038-8788
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Sep 28, 2021	Deed of Trust, Mortgage · Conventional Mortgage QUICKEN LOANS LLC
Feb 21, 2019	Deed of Trust, Mortgage · Conventional Mortgage CHERRY CREEK MORTGAGE CO INC
Dec 2, 2019	Deed of Trust, Mortgage QUICKEN LNS
Jul 3, 2018	Warranty Deed, Transfer · Commercial Mortgage MAGNUM FINANCIAL SERVICES LLC

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jul 3, 2018 · Amount on Record
Deed Sale	Jul 3, 2018 · Amount on Record
Prior Sale	Jun 25, 2010 · Amount on Record
Deed Document Number	2018-041625
Record Updated	Jun 8, 2026

September 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CLACKAMAS OR
Property Address	38640 S PROSPECT DR, MOLALLA, OR 97038-8788
Transaction Type	Mortgage
Record Updated	Jul 11, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	0000087717
Date	Sep 28, 2021
Instrument	2021-087717

Lender

Name	QUICKEN LOANS LLC
Type	Mortgage Company
Address	DETROIT, MI 48226

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	356 Months
Due	May 1, 2051

February 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CLACKAMAS OR
Property Address	38640 S PROSPECT DR, MOLALLA, OR 97038-8788
Transaction Type	Mortgage
Record Updated	Aug 26, 2022
Title Company	CHICAGO TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000009109
Date	Feb 21, 2019
Instrument	2019-009109

Lender

Name	CHERRY CREEK MORTGAGE CO INC
Type	Mortgage Company
Address	ENGLEWOOD, CO 80111

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Mar 1, 2049

December 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CLACKAMAS OR
Property Address	38640 S PROSPECT DR, MOLALLA, OR 97038-8788
Document Number	0000077751
Instrument Date	Dec 2, 2019
Transaction Type	Mortgage
Record Updated	Dec 20, 2019
Title Company	OTHER

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	38640 S PROSPECT DR MOLALLA OR 970388788, MOLALLA, OR 97038-8788

Mortgage

Document Number	0000077751
Date	Dec 6, 2019
Instrument	77751

Lender

Name	QUICKEN LNS
Type	Funding / Finance Company
Address	DETROIT, MI 48226-1906

Agreement

Amount	Amount Recorded
Term	360 Months
Due	Dec 5, 2049

July 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CLACKAMAS OR
Recording Date	Jul 3, 2018
Property Address	38640 S PROSPECT DR, MOLALLA, OR 97038-8788
Document Number	0000041625
Instrument Date	Jul 2, 2018
Instrument	2018-041625
Transaction Type	Transfer
Record Updated	Aug 26, 2022
Title Company	CHICAGO TITLE

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Notice of Trustee Sale Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	38640 S PROSPECT DR, MOLALLA, OR 97038-8788

Mortgage

Document Number	0000041626
Date	Jul 3, 2018
Instrument	2018-041626

Lender

Name	MAGNUM FINANCIAL SERVICES LLC
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	8 Months
Due	Mar 3, 2019

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Oregon
County	Clackamas County
Unified School District	Silver Falls School District 4J (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,579.00 (+5.38%)	$430,693 (+6.09%)	$873,130 (+1.34%) Land $273,630 Building $599,500
2023	$5,294.00 (+2.52%)	$405,975 (+3%)	$861,587 (+2.27%) Land $268,637 Building $592,950
2022	$5,164.00	$394,149	$842,468 Land $260,648 Building $581,820

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 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	1 in force

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	Moderate above 47% of the US · lower than 82% of Oregon
Wildfire Likelihood	0.1% 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 23 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30
Alyrica Fixed Wireless	65 / 10

May also be available: Astound Broadband, Hunter Communications.

Nearby Properties on S Prospect Dr

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures