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$545,000
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Property Description
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).
Full Property Details
Full Property Details for 480 NW Reed Ln
General
- Price: $545,000
- Taxes: $4,614 (2025)
- Status: Active
- Type: Single Family
- Source: RWMLS
- MLS ID: 238895149
- Updated: 3/25/2026
- Added to Site: 71 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Engineered Hardwood, Laundry
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Electric
- Appliances: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Pantry, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main - Full Baths: 3
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Main
- Bedroom 2: Main
- Bedroom 3: Upper
Other Rooms
- Living Room: Main
- Kitchen: Main
Exterior
- Exterior Features: Covered Patio, Garden, Patio, Yard
Parking
- Garage: Yes
- Attached garage: Yes
- Total Spaces: 2
- Parking Features: Driveway
Location
- County: Polk
- Driving Directions: North Orchard Dr, East on Reed ln
School Information
- Elementary School: Lyle
- Middle School: Lacreole
- High School: Dallas
Community
- Community Name: 167 - Polk Co: Except Salem
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: 2 Story, Mid-Century Modern
- Stories/Levels: 2
- Square Feet: 2,150
- Year Built: 2014
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Size: 7, 000 to 9, 999 SqFt
- Lot Features: Cul-de-sac
Financial Considerations
- Tax Amount: $4,614.32
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: LOT 56
- Disclosures/Reports: Disclosure
- Property ID: 571869
Listed by Real Broker (855) 450-0442, Lillie Arredondo (720) 202-4194
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Schools
Schools serving 480 NW Reed Ln
School District:Dallas School District 2
| Name | Grades | Distance |
|---|---|---|
Lyle Elementary School 185 Southwest Levens Street, Dallas, OR 97338 | K-3 | 0.7 mi |
Whitworth Elementary School 1151 Southeast Miller Avenue, Dallas, OR 97338 | 4-5 | 1.8 mi |
Lacreole Middle School 701 Southeast Lacreole Drive, Dallas, OR 97338 | 6-8 | 1.5 mi |
Dallas High School 1250 Southeast Holman Avenue, Dallas, OR 97338 | 9-12 | 1.8 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 480 NW Reed Ln
Date
Details
Price
Change
Source
3/17/2026
Price Reduced
$545,000
-0.91%
MLS
2/10/2026
Price Reduced
$550,000
-2.65%
MLS
1/22/2026
Listed
$565,000
106.28%
MLS
9/26/2014
Sold
$273,900
—
Public Record
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
Tax History for 480 NW Reed Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,614
3%
$327,040
3%
2024
$4,479
4%
$317,520
3%
2023
$4,307
6%
$308,280
6%
2021
$4,079
-3%
$290,600
-3%
2022
$4,194
3%
$299,310
6%
2021
$4,079
6%
$282,140
3%
2019
$3,848
—
$273,930
3%
2018
$3,837
4%
$265,960
3%
2017
$3,687
-1%
$258,220
3%
2016
$3,710
2%
$250,700
3%
2015
$3,653
355%
$243,400
343%
2014
$802
17%
$55,000
18%
2013
$686
—
$46,800
—
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
Estimate the Cost for 480 NW Reed Ln
480 NW Reed Ln, Dallas, OR 97338 (MLS# 238895149) is a Single Family property with 4 bedrooms and 3 full bathrooms. 480 NW Reed Ln is currently listed for $545,000 and was received on January 22, 2026. Want to learn more about 480 NW Reed Ln? Do you have questions about finding other Single Family real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

