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$575,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1,480 Sq. Ft.
  • Updated 1 day ago

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Open House: 12:00 PM - 2:00 PM

Saturday 5/2 12:00 PM - 2:00 PM

31998 S Shady Dell Rd,Molalla, OR 97038

31998 S Shady Dell RdMolallaOR97038

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    31998 S Shady Dell Rd,Molalla, OR 97038
    31998 S Shady Dell RdMolallaOR97038
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An exceptional riverfront retreat offering approximately 70 feet of private frontage and a lifestyle that feels worlds away. Set on a generous 0.52-acre lot at the end of a quiet, dead-end street, this property captures the essence of peaceful waterfront living-where the gentle sound of the river becomes your daily backdrop. Spend your summers entertaining on multiple outdoor spaces, including two expansive decks for BBQs, gathering with friends or simply relaxing as the river flows by. Tend to your garden, enjoy direct shoreline access or start your mornings on the cozy front porch with a cup of coffee. With nearby parks and a convenient boat ramp, outdoor recreation is always within reach. Inside, the home is beautifully updated and move-in ready, featuring bamboo flooring throughout the main areas and a light-filled, open concept layout designed for both comfort and connection. The open kitchen with island flows effortlessly into the main living and dining areas-perfect for entertaining and everyday living. The primary suite is a true showstopper-wake up to serene river views, then unwind in the spa-like bath complete with a soaking tub and walk-in shower. Recent upgrades include a new furnace and heat pump with A/C (2021), updated electrical panel, and a whole-house water filtration system (2023), offering modern efficiency and peace of mind. Added benefit: the current flood insurance policy is transferable-an increasingly valuable advantage for waterfront properties! A rare opportunity to own a thoughtfully upgraded riverfront home that seamlessly blends luxury, tranquility, and everyday livability.

Full Property Details for 31998 S Shady Dell Rd

General

  • Price: $575,000
  • Taxes: $4,291 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 553527818
  • Updated: 4/29/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Bamboo Floor, Wall to Wall Carpet
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Pellet Stove
  • Appliances: Dishwasher, Disposal, Island, Microwave, Pantry, Quartz, Stainless Steel Appliance(s)

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: 19 x 16, Main, 304 Sq. Ft.
  • Bedroom 2: 11 x 12, Main, 132 Sq. Ft.
  • Bedroom 3: 10 x 8, Main, 80 Sq. Ft.
  • Bedroom 4: 9 x 10, Main, 90 Sq. Ft.

Other Rooms

  • Living Room: 20 x 12, Main, 240 Sq. Ft.
  • Kitchen: 9 x 16, Main, 144 Sq. Ft.
  • Dining Room: 12 x 11, Main, 132 Sq. Ft.
  • Laundry: 8 x 5, Main

Exterior

  • Exterior Features: Deck, Garden, Porch, Yard

Parking

  • Garage: Yes
  • Total Spaces: 2
  • Parking Features: Driveway, On Street

Location

  • County: Clackamas
  • Driving Directions: S Feyrer Park Rd to S Shady Dell Rd

School Information

  • Elementary School: Molalla
  • Middle School: Molalla River
  • High School: Molalla

Community

  • Community Name: 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Forced Air
  • Heating Fuel: Electricity

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Well: Yes

Structural Information

  • Property Detached: Yes
  • Architectural Style: 1 Story, Contemporary
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 1,480
  • Year Built: 1935
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.52
  • Lot Size (Sq. Ft.): 22,651
  • Lot Size: 20, 000 SqFt to .99 Acres
  • Frontage: Paved
  • Lot Features: Level

Water Features

  • Water Front: Yes
  • Water Front Name: Molalla River
  • Water Front Desc.: River Front

Financial Considerations

  • Tax Amount: $4,291.09
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: 574 REPLAT OF SHADY DELL PT LT C BLK 9
  • Disclosures/Reports: Disclosure
  • Property ID: 1101603

Listed by Keller Williams Realty Portland Premiere (503) 597-2444, Marc Fox (503) 593-5493 and Keller Williams Realty Portland Premiere (503) 597-2444, Sean Dooney (503) 593-5493

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Listing agents

— 31998 S Shady Dell Rd —

  • Marc Fox

    Keller Williams Realty Portland Premiere

    503-597-2444

  • Sean Dooney

    Keller Williams Realty Portland Premiere

    503-597-2444

503-593-5493

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 31998 S Shady Dell Rd

School District:Molalla River School District 35
NameGradesDistance
Molalla Elementary School
910 Toliver Road, Molalla, OR 97038
K-52.8 mi
Molalla River Middle School
318 Leroy Avenue, Molalla, OR 97038
6-82.6 mi
Molalla High School
357 Frances Street, Molalla, OR 97038
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 31998 S Shady Dell Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/29/2026
Listed
$575,000
9.52%
MLS
5/04/2021
Sold
$525,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 31998 S Shady Dell Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,291
4%
$311,169
3%
2024
$4,145
16%
$302,106
3%
2023
$3,574
8%
$293,307
6%
2021
$3,317
-4%
$276,471
-3%
2022
$3,472
5%
$284,765
6%
2021
$3,317
27%
$268,419
24%
2019
$2,613
7%
$216,191
8%
2018
$2,435
6%
$200,717
3%
2017
$2,303
6%
$194,871
3%
2016
$2,165
3%
$189,195
3%
2015
$2,105
5%
$183,684
3%
2014
$2,013
5%
$178,334
3%
2013
$1,923
—
$173,140
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 31998 S Shady Dell Rd

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Listed by Keller Williams Realty Portland Premiere (503) 597-2444, Marc Fox (503) 593-5493 and Keller Williams Realty Portland Premiere (503) 597-2444, Sean Dooney (503) 593-5493

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Price Reduced near 31998 S Shady Dell Rd

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18280 S Old Clarke Rd, Mulino, OR 97042 - Photo 1 Price Reduced
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18280 S Old Clarke Rd  Mulino, OR 97042

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Listed by Realty One Group Prestige, Timothy Corken
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6683 Indian Springs Rd NE, Scotts Mills, OR 97375 - Photo 1 Price Reduced
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6683 Indian Springs Rd NE  Scotts Mills, OR 97375

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Listed by Silverton Realty, Inc., Charles White and Silverton Realty, Inc., Michael Schmidt

Recent Sales near 31998 S Shady Dell Rd

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820 E 3rd St, Molalla, OR 97038 - Photo 1 Sold
$495,000

820 E 3rd St  Molalla, OR 97038

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    Total Baths
  • 1,512
    Sq. Ft.
Listed by Premiere Property Group, LLC, Patrick Ledbetter
Sold by Premiere Property Group, LLC, Ryan Brooks
207 Finneys Ave, Molalla, OR 97038 - Photo 1 Sold
$530,000

207 Finneys Ave  Molalla, OR 97038

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  • 5
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  • 2,517
    Sq. Ft.
Listed by Certified Realty Company, Roy Widing
Sold by Premiere Property Group, LLC, Thomas Cardelli
207 Finneys Ave, Molalla, OR 97038 - Photo 1 Sold
$530,000

207 Finneys Ave  Molalla, OR 97038

  • Single Family
  • Closed
  • 5
    Beds
  • 2
    Total Baths
  • 2,517
    Sq. Ft.
Listed By: ROY. WIDING | Certified Realty Co
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
218 Finneys Ave, Molalla, OR 97038 - Photo 1 Sold
$533,000

218 Finneys Ave  Molalla, OR 97038

  • Single Family
  • Sold
  • Updated 5 hours ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,087
    Sq. Ft.
Listed by Premiere Property Group, LLC, Jessica Craven
Sold by i5 Real Estate, Renee Jimenez

31998 S Shady Dell Rd, Molalla, OR 97038 (MLS# 553527818) is a Single Family property with 4 bedrooms and 2 full bathrooms. 31998 S Shady Dell Rd is currently listed for $575,000 and was received on April 29, 2026. Want to learn more about 31998 S Shady Dell Rd? Do you have questions about finding other Single Family real estate for sale in Molalla? You can browse all Molalla real estate or contact a Coldwell Banker agent to request more information.

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