Clackamas County property record for 509 Pegasus Ct, Molalla, OR 97038
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 2 ba · 1,502 sqft · built 1996 |
| Lot Size | 0.125 acres (5,487 sqft) |
| Owner | 2 Individual Names on Record |
| Last Sale | $312,450 (Apr 2018) |
| Tax Bill | $4,319 (2025) |
| Deeds & Mortgages | Oct 2026 Line of Credit Jun 2021 Mortgage + 1 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 52E08AA01000 |
| Primary APN | 52E08AA01000 |
|---|---|
| Alternative APN |
|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 2 Baths |
| Stories | 1 Story |
| Building Area | 1,502 sqft Living Area |
| 1st Floor Area | 1,502 sqft |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1996 |
|---|---|
| Exterior Material | Other |
| Foundation Type | Concrete |
| Roof Material | Composition Shingle |
| Lot Area | 5,487 sqft |
| Garage Area | 440 sqft |
| Parking Spaces | 2 Parking Spaces |
| Heating System | Forced Air |
|---|
| Account Number | 01637562 |
|---|---|
| Street Address | 509 PEGASUS CT |
| City | MOLALLA |
| State | OR |
| Zip | 97038-9213 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | R3 |
| Legal Description | 3140 HORSESHOE PK EST LT 10 |
| Legal Range | 02E |
| Legal Township | 05S |
| Legal Section | 08 |
| Legal Quarter | NE |
| Quarter-Quarter Section | NE |
| Legal Subdivision | HORSESHOE PK EST |
| Legal Lot Number | 10 |
| Jurisdiction | CLACKAMAS OR |
| Township / Civil Division | MOLALLA |
| Census Block Group | 1 |
| Census Block | 1011 |
| Census Tract | 23901 |
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 Record | 2 Individual Names on Record |
|---|---|
| Mailing Address | 509 PEGASUS CT, MOLALLA, OR 97038-9213 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Date | Document |
|---|---|
| Oct 19, 2026 | Deed of Trust, Mortgage · Line of Credit ONPOINT COMMUNITY CREDIT UNION |
| Jun 1, 2021 | Deed of Trust, Mortgage · Conventional Mortgage QUICKEN LOANS LLC |
| Apr 13, 2018 | Warranty Deed, Transfer HOMESERVICES LNDG |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Apr 13, 2018 · Amount on Record |
| Deed Sale | Apr 13, 2018 · Amount on Record |
| Prior Sale | Dec 17, 2013 · Amount on Record |
| Deed Document Number | 2018-022711 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CLACKAMAS OR |
| Recording Date | Oct 19, 2026 |
| Property Address | 509 PEGASUS CT, MOLALLA, OR 97038-9213 |
| Document Number | 0000044742 |
| Instrument Date | Oct 14, 2026 |
| Instrument | 202644742 |
| Transaction Type | Mortgage |
| Record Updated | Oct 23, 2026 |
| Title Company | NONE LISTED ON DOCUMENT |
| Name | Verified Name |
|---|---|
| Relationship | Tenants by the Entirety, 298 |
| Address | 509 PEGASUS CT, MOLALLA, OR 97038-9213 |
| Document Number | 0000044742, |
|---|---|
| Date | Oct 19, 2026 |
| Instrument | 202644742 |
| Name | ONPOINT COMMUNITY CREDIT UNION |
|---|
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | Oct 2, 2056 |
| Rate Type | Adjustable Rate |
|---|---|
| Initial Type | Adjustable Rate |
| Adjustable | Adjustable Rate Rider |
| Max Rate | -1% |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CLACKAMAS OR |
| Property Address | 509 PEGASUS CT, MOLALLA, OR 97038-9213 |
| Transaction Type | Mortgage |
| Record Updated | Jun 9, 2021 |
| Title Company | AMROCK INC |
| Name | Verified Name |
|---|
| Document Number | 0000053469 |
|---|---|
| Date | Jun 1, 2021 |
| Instrument | 2021-053469 |
| Name | QUICKEN LOANS LLC |
|---|---|
| Type | Mortgage Company |
| Address | DETROIT, MI 48226 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 359 Months |
| Due | May 1, 2051 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | CLACKAMAS OR |
| Recording Date | Apr 13, 2018 |
| Property Address | 509 PEGASUS CT, MOLALLA, OR 97038-9213 |
| Document Number | 0000022711 |
| Instrument Date | Mar 5, 2018 |
| Instrument | 22711 |
| Transaction Type | Transfer |
| Record Updated | Apr 18, 2018 |
| Title Company | OLD REPUBLIC TITLE |
| Amount | Amount Recorded |
|---|---|
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $312.45 |
| Amount Accuracy | Confirmed |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Tenants by the Entirety |
| Address | 509 PEGASUS CT MOLALLA OR 970389213, MOLALLA, OR 97038-9213 |
| Document Number | 22712 |
|---|---|
| Date | Apr 13, 2018 |
| Instrument | 22712 |
| Name | HOMESERVICES LNDG |
|---|---|
| Address | WEST DES MOINES, IA 50266 |
| Amount | Amount Recorded |
|---|---|
| Term | 360 Months |
| Due | Apr 12, 2048 |
Source: Clackamas County assessment roll, as of September 30, 2025
| Type | Name |
|---|---|
| State | Oregon |
| County | Clackamas County |
| Municipality | Molalla City |
| Unified School District | Molalla River School District 35 (KG - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $4,319.00 (+21.83%) | $225,480 (+6.09%) | $473,393 (+6.77%) Land $190,963 Building $282,430 |
| 2023 | $3,545.00 | $212,537 | $443,385 Land $176,445 Building $266,940 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
Source: FEMA National Flood Hazard Layer, effective April 12, 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
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 | 0.01% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CITY OF MOLALLA serves 10,298 people · EPA ID OR4100534 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Jun 2023 |
| Lead | 1 ppb (2022–2024) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 2 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.
Source: FCC Broadband Data Collection, based on 534 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Molalla Communications Company Fiber | 2,500 / 2,500 |
| Astound Broadband Cable | 1,500 / 50 |
| Verizon Fixed Wireless | 300 / 20 |
Search by:
By searching, you agree to: Terms • Privacy • Disclosures