Last Sold Price
83,635 Lot Size1.92 Acres
15622 S Wave Rd, Mulino, OR 97042

Description

Private & peaceful wooded 1.92 ac lot. Gravel to lot, close to potential homesite area. Septic system already installed with 1000 gallon poly tank. Shared well on neighboring property & shared with neighbor, cost of $18/mo. Water goes to staked out homesite. Electrical vault installed in easement area. Seller may be willing to bring power to currently staked out homesite. Forest template plan approved. Existing 50'road & utility easement on property. Buyer to complete their own due diligence.Private & peaceful wooded 1.92 ac lot. Gravel to lot, close to potential homesite area. Septic system already installed with 1000 gallon poly tank. Shared well on neighboring property & shared with neighbor, cost of $18/mo. Water goes to staked out homesite. Electrical vault installed in easement area. Seller may be willing to bring power to currently staked out homesite. Forest template plan approved. Existing 50'road & utility easement on property. Buyer to complete their own due diligence.
LISTING CLOSED: 06/07/2023 12:00 AM

  1. Listed by Robin Babb • RE/MAX Equity Group

Property Details for 15622 South Wave Road

Status
MLS #
22534156
Days on Market
195
Taxes
$982 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Single Family Residence
Year Built
-
Lot Size
1.92 AC
Zoning
TBR
View
Territorial, Trees Woods

Recent comparable sales

Median sold price

$317,000

Avg days on market

142

Sale-to-list ratio

91.1%

Mulino, OR

9 comparable properties found

a view of a lush green space
1/22
1

$249,000

Sold 09/05/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.65
Acres
a backyard of a house
1/29
2

$317,000

Sold 09/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.97
Acres
$500,000 | 15871 South Howards Mill Road, Mulino, OR 97042
1/40
3

$500,000

Sold 10/31/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
20.40
Acres
a view of a city
1/16
4

$330,000

Sold 12/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.84
Acres
$110,000 | 0 South S Highway, Mulino, OR 97042
1/8
5

$110,000

Sold 06/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.72
Acres
6

$1,600,000

Sold 02/19/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
11.99
Acres
a view of a bunch of trees and buildings
1/24
7

$305,000

Sold 01/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.5
Acres
8

$32,000

Sold 04/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
20
Acres
9

$355,000

Sold 03/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.4
Acres

Location

Listing Courtesy of RE/MAX Equity Group

Sold By Keller Williams Realty Portland Elite

Add your commute

Building Information for 15622 South Wave Road

Building Size-Lot Size1.92 AC

Payment Calculator

$1,175 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,093

Property Taxes

$82

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 15622 South Wave Road

Summary
Location and General Information
  • Country: US
  • Directions: Hwy 213 to Graves Rd to Howards Mill Rd to Wave Rd to 15622 (almost end of road-approx .8 mi)
  • Road Surface: Gravel
School Information
  • Elementary School: Mulino
  • High School: Molalla
  • Middle Or Junior School: Molalla River
Parking
  • Attached Garage: No
Taxes and HOA
  • CC and R Y/N: No
  • FIRPTA: No
  • HOA Y/N: No
  • Manufactured Home Allowed Y/N: Yes
  • Tax Year: 2022
  • Tax Deferral: No
  • Tax Annual Amount: $981.98
  • Parcel Number: 01034632
  • Tax Legal Description: 1714 LISACS TRACTS LT 5
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
  • Video Virtual Tour 2 Y/N: No
Property
Lot Information
  • Acres: 1.92
  • Additional Parcels Y/N: No
  • Lot Description: Brush, Private, Trees, Wooded
  • Lot Size Square Feet: 83635.0
  • Number Of Lots Total: 1
  • Current Use: Raw Land
  • Land Description: Gentle Sloping, Rolling Slope, Sloped, Steep Slope
  • Lot Size Range: Acres1to3
  • Lot Size: 1 to 2.99 Acres
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Land
  • Perc Test Y/N: Yes
  • Perc Test Description: Approved
  • Property Attached: No
Utilities
  • Utilities: Electricity Available, Septic Tank, Shared Well, Standard Septic
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Existing Structures Y/N: No
  • Soil Condition: Native
  • Water Front Y/N: No
  • Existing Structures Description: None
Interior Features
  • View Y/N: Yes
  • Cooling: No
  • Heating: No

Property History for 15622 South Wave Road

DateEvent & SourcePriceAppreciation
May 2, 2023

Sold (Public Record)

Public Record #1512423951

$215,000

+8.7% / yr

Jan 11, 2019

Sold (Public Record)

Public Record #637622584

$150,000
DateEvent & SourcePrice
05/02/2023

Sold (Public Record)

Public Record #1512423951

$215,000

+8.7% / yr

01/11/2019

Sold (Public Record)

Public Record #637622584

$150,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 15622 South Wave Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,215 ($101 / month)
Home Facts
Beds0Lot Size83,499 SqFtStyleResidentialZoningTBRCountyCLACKAMASAPN42E22A 00600

Schools near 15622 South Wave Road

This home is within Molalla River School District 35.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Mulino Elementary School
PublicK to 5

Molalla River Middle School
Public6 to 8

Molalla High School
Public9 to 12

Clarkes Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 15622 South Wave Road, Mulino, OR 97042
$215,000
83,635
$140,000
89,298
$317,000
260,053
3
2
3,326
217,797
$165,000
217,800
2
1,782
214,315

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Equity Group

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 06/07/2023 10:38 AM