2 days on Rocket
$5,569 Closing Credit¹
#278067870, Paula Brotherton, Listing office: Premiere Property Group, LLC
$489,000 List price
516 Pegasus Ct Molalla, OR 97038
$5,807
Closing credit¹
3 beds
2 full
1,492 sqft
$328 / sqft
House
Property details
About 516 Pegasus Ct
Lovely well lit and maintained one level home on a dead end street. Featuring gas and electric, ample parking and space inside and out.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Heat Pump
StatusActive
CoolingHeat Pump
Size1,492 sqft
Year built1995
ParkingDriveway, Street Parking
MLS #252422308
Attached garage1 space
FireplaceGas Fireplace
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Range, Refrigerator
- Basement: No
- Flooring Type: Vinyl
- Interior: Ceiling Fan(s), Laundry, Vaulted Ceiling(s)
- Fireplace: Gas Fireplace
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Driveway, Street Parking
- Exterior: RV Parking, RV/Boat Storage, Yard
- Architectural Style: 1 Story
- Heating: Forced Air, Heat Pump
- Cooling: Heat Pump
- List Price: $489,000
- Price/SqFt: $327
- Annual Tax Amount: $3,550
- Tax Year: 2023
- Lot: Cul-de-sac, Level
- Directions: Hwy 213 - left on S. Molalla AVe - turn right onto Toliver and left on Pegasus Ct
- Year Built: 1995
- Stories: 1
- Living Area: 1,492 SqFt
- MLS Number: 252422308
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: MORE Realty
- Office Phone: (503) 550-4462
- Listing Agent: Sheila Carmody
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 6:29:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$489,000
516 Pegasus Ct
$5,807
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 07, 2021 | Home Sold | $70,000 |
| Jan 12, 2016 | Home Sold | $237,000 |
| Nov 03, 2009 | Home Sold | $199,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $212,823 | $3,550 |
| 2022 | $206,625 | $3,447 |
| 2021 | $200,607 | $3,305 |
| 2020 | $194,765 | $3,213 |
| 2018 | $183,585 | $3,032 |
| 2017 | $178,238 | $2,907 |
History based on county public records data.
Nearby schools
6
Molalla Elementary School
Public District KG-5
0.6 mi
•910 Toliver Rd
6
Rural Dell Elementary School
Public District KG-5
3.4 mi
•10500 S Highway 211
6
Mulino Elementary School
Public District KG-5
4.7 mi
•26660 S Highway 213
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,476. The majority of Molalla, OR residents have income between $35k-100k annually. Residents typically live in married, with kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
28%
<35k
55%
35k-100k
12%
100k-200k
5%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
29%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
33%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
College Football
Extreme Sports
Figure Skating
Where do the neighbors shop?
Best Buy
Express/Express For Men
Academy Sports & Outdoors
Where do the neighbors go to eat?
Texas Roadhouse
Sonic
Little Caesars
What do the neighbors drive?
Ram
Kia
Chevrolet
What do the neighbors listen to?
Contemporary Christian
New Country
Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 516 Pegasus Ct
The listing price of 516 Pegasus Ct property is $489,000.
The property 516 Pegasus Ct is a house located in Molalla, Oregon, 97038.
Active Listing: 516 Pegasus Ct is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 516 Pegasus Ct are: Molalla Elementary School (GreatSchools Rating 6/10), Rural Dell Elementary School (GreatSchools Rating 6/10), Mulino Elementary School (GreatSchools Rating 6/10), Molalla River Middle School (GreatSchools Rating 5/10), Molalla River Academy (GreatSchools Rating 5/10), Colton Middle School (GreatSchools Rating 6/10), Molalla High School (GreatSchools Rating 7/10), Colton High School (GreatSchools Rating 10/10), Renaissance Public Academy (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $3,550 (source: MLS/based on county public records data).
The last sale was on September 7, 2021 for $70,000 (source: MLS/tax record).
The property at 516 Pegasus Ct has 3 bedrooms and 2 bathrooms.
The property 516 Pegasus Ct is 1,492 SqFt (source: MLS/tax record).
The year of construction for 516 Pegasus Ct is 1995.
This home is located at 516 Pegasus Ct in Molalla, OR and zip code 97038 in the Horseshoe Park Estates neighborhood. This 1,492 square foot home was built in 1995. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 7, 2025 and is currently priced at $489,000.
In May 2025, from all listings sold in Molalla, OR there were more than 6 sold above asking price, over 5 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Molalla, OR increased by 4.1% between April and May 2025. The median list price of listings available in May 2025 was $490,000, while the average time on the real estate market was 60 days.
From Rocket Homes Real Estate and based on county public records data.