Clackamas County property record for 516 Pegasus Ct, Molalla, OR 97038
| Property Type | Single Family Home |
|---|---|
| Details | 2 ba · 1,492 sqft · built 1995 |
| Lot Size | 0.138 acres (6,000 sqft) |
| Owner | Individual Name on Record |
| Last Sale | $445,000 (Aug 2025) |
| Tax Bill | $4,325 (2025) |
| Deeds & Mortgages | May 2022 Line of Credit Sep 2021 Sale & Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 52E08AA00500 |
| Primary APN | 52E08AA00500 |
|---|---|
| Alternative APN |
|
| Full Baths | 2 Baths |
|---|---|
| Stories | 1 Story |
| Building Area | 1,492 sqft Living Area |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1995 |
|---|---|
| Effective Year Built | Effective 1995 |
| Exterior Material | Clapboard |
| Foundation Type | Concrete |
| Roof Type | Gable |
| Roof Material | Composition Shingle |
| Lot Area | 6,000 sqft (0.138 acres) |
| Garage Area | 440 sqft |
| Parking Spaces | 2 Parking Spaces |
| Heating System | Forced Air with A/C |
|---|
| Account Number | 01637517 |
|---|---|
| Street Address | 516 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 PARK ESTATES LT 5 |
| Legal Range | 2E |
| Legal Township | 5S |
| Legal Section | 08 |
| Legal Subdivision | HORSESHOE PARK ESTATES |
| Legal Lot Number | 5 |
| Jurisdiction | CLACKAMAS OR |
| Township / Civil Division | MOLALLA |
| Census Block Group | 1 |
| Census Block | 1011 |
| Census Tract | 23901 |
Source: Clackamas County records, as of October 21, 2026
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 |
|---|---|
| Mailing Address | 516 PEGASUS CT, MOLALLA, OR 97038-9213 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Date | Document |
|---|---|
| May 16, 2022 | Deed of Trust, Mortgage · Line of Credit OREGONIANS CU |
| Sep 7, 2021 | Bargain and Sale Deed, Transfer · Conventional Mortgage SECURITY NATIONAL MORTGAGE CO |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Aug 18, 2025 · Amount on Record |
| Deed Sale | Aug 18, 2025 · Amount on Record |
| Prior Sale | Sep 7, 2021 · Amount on Record |
| Deed Document Number | 202531896 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CLACKAMAS OR |
| Property Address | 516 PEGASUS CT, MOLALLA, OR 97038-9213 |
| Transaction Type | Mortgage |
| Record Updated | May 20, 2022 |
| Title Company | OLD REPUBLIC TITLE |
| Name | Verified Name |
|---|
| Document Number | 0000028128 |
|---|---|
| Date | May 16, 2022 |
| Instrument | 2022-028128 |
| Name | OREGONIANS CU |
|---|---|
| Type | Credit Union |
| Address | PORTLAND, OR 97267 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | May 15, 2052 |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
| Document Type | Bargain and Sale Deed |
|---|---|
| Jurisdiction | CLACKAMAS OR |
| Recording Date | Sep 7, 2021 |
| Property Address | 516 PEGASUS CT, MOLALLA, OR 97038-9213 |
| Document Number | 0000082060 |
| Instrument Date | Sep 1, 2021 |
| Instrument | 2021-082060 |
| Transaction Type | Transfer |
| Record Updated | Oct 27, 2021 |
| Title Company | FIRST AMERICAN TITLE |
| Amount | Amount Recorded |
|---|---|
| Tax | $0.00 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Right of Survivorship |
| Address | 516 PEGASUS CT, MOLALLA, OR 97038-9213 |
| Document Number | 0000082061 |
|---|---|
| Date | Sep 7, 2021 |
| Instrument | 2021-082061 |
| Name | SECURITY NATIONAL MORTGAGE CO |
|---|---|
| Type | Mortgage Company |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 361 Months |
| Due | Oct 1, 2051 |
Source: Clackamas County assessment roll, as of October 29, 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 | $4,325.00 (+21.83%) | $225,783 (+6.09%) | $477,259 (+7.54%) Land $196,059 Building $281,200 |
| 2023 | $3,550.00 | $212,823 | $443,813 Land $181,153 Building $262,660 |
Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.
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 |
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