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$540,000

Listing Price

2beds

2baths

2,147sqft

7,309sqft lot

480 Nw Reed Ln, Dallas, OR 97338

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

251.51

Price / sqft

2014

Year built

Home Details

NEWLY IMPROVED PRICE! Motivated Seller! Bring your offers! This well-designed home in Dallas offers a flexible floor plan and comfortable living spaces in a quiet neighborhood close to downtown amenities. The home features TWO primary suites, three full bathrooms, and an oversized loft area that provides excellent additional living or recreation space. A fourth bedroom or office offers versatility for a variety of needs. Large windows throughout the home provide great natural light, enhancing the open and welcoming feel. The kitchen offers generous cooking and prep space, along with a large pantry for added storage and organization. Outdoors, a medium-sized yard backs up to a large green space, offering privacy and a peaceful setting. The yard backs to a large open pasture that is along the county line, meaning it will never be built on! Conveniently located near downtown Dallas, the home provides easy access to wine tasting, restaurants, and other local amenities while maintaining a calm residential atmosphere. A thoughtfully planned layout, functional spaces, and a desirable location make this property a great opportunity.

Interior Details

Square Feet
  • 2147

Bedrooms
  • 2

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 7309

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Wood Shingle

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$3,848

$67,070

$206,860

--%

$273,930

2018

$3,837

$65,120

$200,840

--%

$265,960

2017

$3,686

$63,220

$195,000

--%

$258,220

2016

$3,710

$61,380

$189,320

--%

$250,700

2015

$3,653

$59,590

$183,810

--%

$243,400

2013

$685

$46,800

$0

--%

$46,800

2012

$750

$51,150

$0

--%

$51,150

percent-home-icon

Average Home Price in 97338

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$584,218

4 Beds

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8,006 Lot (sqft)

Sold 09/01/2026

$602,764

3 Beds

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2,452 Sqft

42,253 Lot (sqft)

Sold 08/19/2026

$494,829

4 Beds

2 Baths

1,858 Sqft

12,209 Lot (sqft)

Sold 07/31/2026

$554,601

4 Beds

2 Baths

2,036 Sqft

7,292 Lot (sqft)

Sold 07/23/2026

$516,232

4 Beds

2.5 Baths

1,909 Sqft

6,873 Lot (sqft)

Sold 04/29/2026

$595,000

4 Beds

3 Baths

2,254 Sqft

4,768 Lot (sqft)

Sold 09/29/2026

$559,900

3 Beds

2.5 Baths

2,307 Sqft

6,672 Lot (sqft)

Sold 10/06/2026

$540,000

4 Beds

2 Baths

1,994 Sqft

9,106 Lot (sqft)

Sold 09/29/2026

$550,000

4 Beds

2.5 Baths

2,047 Sqft

7,780 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
540,000
$
Down payment
108,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,240
$
HOA (Monthly)
0
$
PMI
0
$
$3,496
Your Payment
Total Monthly Payment:$3,496
Percent of Income:60%
Affordable:No

Details for 480 NW REED LN

Property Debt

Foreclosure Contact Details