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  • Price cut: $5K (3/17)
    $545,000

    480 NW Reed Ln, Dallas, OR 97338

    4beds
    2,150sqft
    : 
    Residential, Single Family Residence
    Built in 2014
    7,405.2 Square Feet Lot
    $-- Zestimate®
    $253/sqft
    $-- HOA

    What's special

    Flexible floor planComfortable living spacesMedium-sized yardOversized loft areaFourth bedroom or officeTwo primary suitesGreat natural light
    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. 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. Please text listing agent for showings and questions (720-202-4194).
    71 days
    |
    1,333
    |
    25
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2026 at 05:11pm

    Listed by:

    Lillie Arredondo lillie@lilliearealty.com,

    Real Broker

    Source: RMLS (OR),MLS#: 238895149MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 3
      Rooms
      • Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Features: Bathtub, Double Closet, Ensuite, Walkin Closet
      • Level: Main
      Bedroom 2
      • Level: Main
      Bedroom 3
      • Features: Loft
      • Level: Upper
      Kitchen
      • Features: Dishwasher, Disposal, Microwave, Free Standing Range, Free Standing Refrigerator
      • Level: Main
      Living room
      • Features: Ceiling Fan, Fireplace
      • Level: Main
      Heating
      • Forced Air, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Gas Water Heater
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Double Closet, Loft, Bathtub, Walk-In Closet(s), Pantry
      • Flooring: Engineered Hardwood
      • Number of fireplaces: 1
      • Fireplace features: Electric
      Interior area
      • Total structure area: 2,150
      • Total interior livable area: 2,150 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Attached
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Entrance, Garage On Main, Main Floor Bedroom Bath, Accessibility
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered Patio, Patio
      • Exterior features: Garden, Yard
      Lot
      • Size: 7,405.2 Square Feet
      • Features: Cul-De-Sac, SqFt 7000 to 9999
      Details
      • Parcel number: 571869

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mid Century Modern
      • Property subtype: Residential, Single Family Residence
      Materials
      • Wood Composite
      Condition
      • Resale
      • New construction: No
      • Year built: 2014

      Utilities & green energy

      • Gas: Gas
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Dallas

      Financial & listing details

      • Price per square foot: $253/sqft
      • Tax assessed value: $536,320
      • Annual tax amount: $4,614
      • Date on market: 1/22/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/17/2026Price change$545,000-0.9%$253/sqft
        Source: RMLS (OR) #238895149 Report a problem
        2/10/2026Price change$550,000-2.7%$256/sqft
        Source: RMLS (OR) #238895149 Report a problem
        1/22/2026Listed for sale$565,000+106.3%$263/sqft
        Source: RMLS (OR) #238895149 Report a problem
        9/30/2014Sold$273,900+19.6%$127/sqft
        Source: Public Record Report a problem
        4/22/2014Listing removed$229,000$107/sqft
        Source: REAL ESTATE 55, INC #675374 Report a problem
        4/15/2014Listed for sale$229,000+377.1%$107/sqft
        Source: REAL ESTATE 55, INC #675374 Report a problem
        2/28/2014Sold$48,000+47.7%$22/sqft
        Source: Public Record Report a problem
        12/3/2012Sold$32,500$15/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$4,479 +4%$317,520 +3%
        2023$4,307 +2.7%$308,280 +3%
        2022$4,195 +2.8%$299,310 +3%
        2021$4,079 +2.9%$290,600 +3%
        2020$3,962 +3%$282,140 +3%
        2019$3,848 $273,930 +3%
        2018$3,848 +0.3%$265,960 +3%
        2017$3,837 +4.1%$258,220 +3%
        2016$3,687 -0.6%$250,700 -1.5%
        2015$3,710 +1.6%$254,530 +362.8%
        2014$3,653 +432.8%$55,000 +17.5%
        2013$686 -8.6%$46,800 -8.5%
        2012$750 -10.8%$51,150 -7.4%
        2011$841 +4.4%$55,220 +3%
        2010$805 +4%$53,620 +3%
        2009$774 +5.9%$52,060 +3%
        2008$731 $50,550

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,071/mo
        Principal & interest
        $2708
        Property taxes
        $363
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          Climate risks

          Neighborhood: 97338

          Getting around

          13 / 100
          Car-Dependent
          28 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Lyle
          • Middle: Lacreole
          • High: Dallas

          Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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