38975 S Prospect Dr, Molalla, OR 97038 Property Records

Clackamas County property record for 38975 S Prospect Dr, Molalla, OR 97038

Property Summary

Property TypeSingle Family Home
Lot Size2.68 acres (117,024 sqft)
Owner2 Owner Names on File
Tax Bill$2,386 (2025)
Deeds & MortgagesJun 2018 Loan Modification
Flood ZoneZone X (minimal risk)
APN61E14 01113

Property Details

APN / Parcel Number

Primary APN61E14 01113
Alternative APN
  • 01127391

Exterior

Lot Area117,024 sqft

Location & Zoning

Account Number01127391
Street Address38975 S PROSPECT DR
CityMOLALLA
StateOR
Zip97038-8787
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeEFU
Legal Description115 FRIENDS ORE COLONY LT 119
Legal Range01E
Legal Township06S
Legal Section14
Legal SubdivisionFRIENDS ORE COLONY
Legal Lot Number119
JurisdictionCLACKAMAS OR
Township / Civil DivisionMOLALLA
Census Block Group1
Census Block1030
Census Tract24000

Owner

The current owner of 38975 S Prospect Dr acquired it in January 2002.

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

Owner of Record2 Owner Names on File
Mailing Address38975 S PROSPECT DR, MOLALLA, OR 97038-8787
OccupancyOwner Occupied

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

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last Transfer DateJan 9, 2002
Transfer Doc0000002583
Record UpdatedJun 8, 2026

June 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionCLACKAMAS OR
Property Address38975 S PROSPECT DR, MOLALLA, OR 97038-8787
Document Number0000043137
Instrument DateJun 20, 2018
Transaction TypeMortgage
Record UpdatedJul 24, 2018
Title CompanyFIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address38975 S PROSPECT DR MOLALLA OR 970388787, MOLALLA, OR 97038-8787

Mortgage

Document Number0000043137
DateJul 12, 2018
Instrument43137
Lender
NameWELLS FARGO BK
TypeBank
AddressFORT MILL, SC 29715
Agreement
TypeConventional with PMI
AmountAmount on Record
Term360 Months
DueJul 11, 2048
Interest
Rate4.62%

Tax Assessment & Valuation

The 2025 property tax bill for 38975 S Prospect Dr was $2,386.

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

Property Jurisdictions

TypeName
StateOregon
CountyClackamas County
Unified School DistrictSilver Falls School District 4J (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed 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.

Flood

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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 10 (0% premium discount)
Nearby Flood Policies1 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

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 RiskModerate
above 46% of the US · lower than 82% of Oregon
Wildfire Likelihood0.1% annual chance
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

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 17 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Verizon
Fixed Wireless
300 / 20
Starlink
Satellite
280 / 30

May also be available: Alyrica, Astound Broadband, Hunter Communications, Ziply Fiber.

Nearby Properties on S Prospect Dr

Nearby Streets

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