Clackamas County property record for 38975 S Prospect Dr, Molalla, OR 97038
| Property Type | Single Family Home |
|---|---|
| Lot Size | 2.68 acres (117,024 sqft) |
| Owner | 2 Owner Names on File |
| Tax Bill | $2,386 (2025) |
| Deeds & Mortgages | Jun 2018 Loan Modification |
| Flood Zone | Zone X (minimal risk) |
| APN | 61E14 01113 |
| Primary APN | 61E14 01113 |
|---|---|
| Alternative APN |
|
| Lot Area | 117,024 sqft |
|---|
| Account Number | 01127391 |
|---|---|
| Street Address | 38975 S PROSPECT DR |
| City | MOLALLA |
| State | OR |
| Zip | 97038-8787 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | EFU |
| Legal Description | 115 FRIENDS ORE COLONY LT 119 |
| Legal Range | 01E |
| Legal Township | 06S |
| Legal Section | 14 |
| Legal Subdivision | FRIENDS ORE COLONY |
| Legal Lot Number | 119 |
| Jurisdiction | CLACKAMAS OR |
| Township / Civil Division | MOLALLA |
| Census Block Group | 1 |
| Census Block | 1030 |
| Census Tract | 24000 |
The current owner of 38975 S Prospect Dr acquired it in January 2002.
Source: Clackamas County records, as of November 17, 2025
| Owner of Record | 2 Owner Names on File |
|---|---|
| Mailing Address | 38975 S PROSPECT DR, MOLALLA, OR 97038-8787 |
| Occupancy | Owner Occupied |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | 2 Names on Deed |
|---|---|
| Last Transfer Date | Jan 9, 2002 |
| Transfer Doc | 0000002583 |
| Record Updated | Jun 8, 2026 |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | CLACKAMAS OR |
| Property Address | 38975 S PROSPECT DR, MOLALLA, OR 97038-8787 |
| Document Number | 0000043137 |
| Instrument Date | Jun 20, 2018 |
| Transaction Type | Mortgage |
| Record Updated | Jul 24, 2018 |
| Title Company | FIRST AMERICAN TITLE |
| Name | Verified Name |
|---|---|
| Address | 38975 S PROSPECT DR MOLALLA OR 970388787, MOLALLA, OR 97038-8787 |
| Document Number | 0000043137 |
|---|---|
| Date | Jul 12, 2018 |
| Instrument | 43137 |
| Name | WELLS FARGO BK |
|---|---|
| Type | Bank |
| Address | FORT MILL, SC 29715 |
| Type | Conventional with PMI |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Jul 11, 2048 |
| Rate | 4.62% |
|---|
The 2025 property tax bill for 38975 S Prospect Dr was $2,386.
Source: Clackamas County assessment roll, as of September 30, 2025
| Type | Name |
|---|---|
| State | Oregon |
| County | Clackamas County |
| Unified School District | Silver Falls School District 4J (KG - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $2,386.00 | $180,585 | $289,062 Land $201,672 Building $87,390 |
| 2023 | $2,259.00 | $170,220 | $291,593 Land $197,993 Building $93,600 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 38975 S Prospect Dr in Zone X, an area of minimal flood risk.
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 risk around 38975 S Prospect Dr is moderate, ranking above 46% of the US, with a 0.1% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Moderate above 46% of the US · lower than 82% of Oregon |
|---|---|
| Wildfire Likelihood | 0.1% annual chance |
| Exposure | Indirect within ember reach |
| Adjoins Burnable Land | Yes |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: FCC Broadband Data Collection, based on 17 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Verizon Fixed Wireless | 300 / 20 |
| Starlink Satellite | 280 / 30 |
May also be available: Alyrica, Astound Broadband, Hunter Communications, Ziply Fiber.
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