Google street view image for 228 NW Reed Ln, Dallas, OR 97338

OFF MARKET

$468,027

•

2 ba

•

1,984

sq ft

228 NW Reed Ln, Dallas, OR 97338

About this home

228 NW Reed Ln is a 1,984 square foot house on a 0.31 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Dallas data, we estimate the home's value is $468,027.

Single-familyProperty Type

1968Year Built

0.31 acresLot Size

$236Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$468,027

$10K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.1% higher than the average sale price ($433K) of 6 comparable homes.

SOLD JUL 3, 2026
$453,000
A
3 beds2 baths1,532 sq ft
542 NW Douglas St, Dallas, OR 97338
SOLD JUN 5, 2026
$310,000
B
3 beds2 baths1,368 sq ft
228 NW Denton Ave, Dallas, OR 97338
SOLD JUL 2, 2026
$518,900
C
3 beds2 baths1,686 sq ft
684 NW Jasper St, Dallas, OR 97338
SOLD JUN 16, 2026
$441,900
D
3 beds2 baths1,665 sq ft
171 NW Douglas St, Dallas, OR 97338
SOLD MAR 5, 2026
$450,000
E
3 beds2 baths2,070 sq ft
444 SW Crider St, Dallas, OR 97338
SOLD OCT 30, 2025
$425,000
F
3 beds2 baths1,779 sq ft
192 NW Denton Ave, Dallas, OR 97338

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Earn from this home

Sell

$439,078

Est. take-home

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Rent

$2,270/mo

Redfin rental estimate

List your home for rent

Market trends in 97338, OR

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.4%

0.5% MoM

Median sale price

$454K

$5K MoM

Avg. days on market

56d

4 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 2 MINS AGO
$450,000
4 beds2 baths1,942 sq ft
1060 SE Shelton St, Dallas, OR 97338
NEW 4 HRS AGO
$409,900
3 beds2 baths1,330 sq ft
301 NW DENTON St, Dallas, OR 97338
NEW 29 HRS AGO
$460,000
3 beds2 baths1,410 sq ft
1169 SW Birch St, Dallas, OR 97338
OPEN SUN, 11AM TO 1PM
$469,999
3 beds2 baths1,510 sq ft
1571 SE Barberry Ave, Dallas, OR 97338
3D WALKTHROUGH
$432,000
3 beds2 baths1,199 sq ft
2045 SE Academy St, Dallas, OR 97338
Marta Guajardo • HomeSmart Realty Group
$375,000
2 beds1 bath960 sq ft
2020 Pioneer Rd, Dallas, OR 97338
3D WALKTHROUGH
$429,900
3 beds2 baths1,474 sq ft
1000 SW Aspen Ln, Dallas, OR 97338
$58,000
2 beds2 baths960 sq ft
631 E Ellendale Ave #207, Dallas, OR 97338
OPEN SAT, 10:30AM TO 12PM
$220,000
3 beds2 baths1,404 sq ft
1401 W Ellendale Ave #90, Dallas, OR 97338
OPEN SUN, 2PM TO 4PM
$650,000
4 beds2.5 baths2,450 sq ft
753 SE Guy Ln, Dallas, OR 97338
See all

Provided by Redfin

Sale history for 228 NW Reed Ln

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$2,929 (+3.0%)

$85,840 + $153,290

$239,130

2024

$2,843 (+4.0%)

$83,340 + $148,830

$232,170

2023

$2,734 (+2.7%)

$80,910 + $144,500

$225,410

2022

$2,662 (+2.8%)

$78,550 + $140,300

$218,850

2021

$2,589 (+2.9%)

$76,270 + $136,210

$212,480

2020

$2,515 (−10.6%)

$74,050 + $132,250

$206,300

2019

$2,814 (+0.3%)

$71,890 + $128,410

$200,300

2018

$2,806 (+4.1%)

$69,800 + $124,670

$194,470

2017

$2,696 (−0.6%)

$67,770 + $121,040

$188,810

2016

$2,712 (+5.8%)

$65,790 + $117,530

$183,320

2014

$2,564 (+4.3%)

$62,010 + $110,800

$172,810

2013

$2,458 (−2.3%)

$60,200 + $107,580

$167,780

2012

$2,516 (+1.6%)

$35,470 + $132,080

$167,550

2011

$2,477 (+4.4%)

$34,440 + $128,230

$162,670

2010

$2,372 (+4.0%)

$33,430 + $124,510

$157,940

2008

$2,281

$32,460 + $120,880

$153,340

Tax history for 228 NW Reed Ln

Year

Property tax

Land + Additions

Assessment*

2025

$2,929 (+3.0%)

$85,840 + $153,290

$239,130

2024

$2,843 (+4.0%)

$83,340 + $148,830

$232,170

2023

$2,734 (+2.7%)

$80,910 + $144,500

$225,410

2022

$2,662 (+2.8%)

$78,550 + $140,300

$218,850

2021

$2,589 (+2.9%)

$76,270 + $136,210

$212,480

2020

$2,515 (−10.6%)

$74,050 + $132,250

$206,300

2019

$2,814 (+0.3%)

$71,890 + $128,410

$200,300

2018

$2,806 (+4.1%)

$69,800 + $124,670

$194,470

2017

$2,696 (−0.6%)

$67,770 + $121,040

$188,810

2016

$2,712 (+5.8%)

$65,790 + $117,530

$183,320

2014

$2,564 (+4.3%)

$62,010 + $110,800

$172,810

2013

$2,458 (−2.3%)

$60,200 + $107,580

$167,780

2012

$2,516 (+1.6%)

$35,470 + $132,080

$167,550

2011

$2,477 (+4.4%)

$34,440 + $128,230

$162,670

2010

$2,372 (+4.0%)

$33,430 + $124,510

$157,940

2008

$2,281

$32,460 + $120,880

$153,340

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Permits

Aug 2, 2022 • Final

Residential structural

Construct an addition to a bedroom and remodel the master bathroom. Remodel the utility room to create a combined laundry room and bathroom.

Addition

Bathroom

Remodel

Mar 8, 2022 • Final

Residential plumbing

Remodel bathrooms. Install a new toilet and a new bathtub and shower unit.

Bathroom

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Basement Information
Basement Sq. Ft: 720

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Air

Fireplace Information
# of Fireplaces: 1
Fireplace Type: 1 Opening
Has Fireplace

Room Information
# of Rooms: 10

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Concrete
Building Type: Residential

Property Information
Subdivision Name: REED ADD
Living Sq. Ft: 1,984
Ground Floor Sq. Ft: 1,984
Building Sq. Ft: 2,704
# of Stories: 1
Stories Type: 1 Story With Basement
Legal Description: REED ADDITION

Parking & Garage Information
Parking Type: Basement Garage
Garage/Parking Sq. Ft: 720
Garage / Carport Type: Basement

Lot Information
# of Buildings: 1
Land Sq. Ft: 13,300
Legal Lot Number: 8
Acres: 0.3053
Zoning Code: RS
State Use Description: RESID/IMPROVED

Utility Information
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,984
Stories: 1.0
Lot Size: 0.31 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: 1982
County: Polk County
APN: 127929

Home facts updated by county records on Aug 25, 2026

Around this home

Schools

Lyle Elementary School

Public K-3 • Assigned • 0.7mi

3/10

Lacreole Middle School

Public 6-8 • Assigned • 1.2mi

4/10

Dallas High School

Public 9-12 • Assigned • 1.6mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

8/10 Air Factor

10 unhealthy days expected this year, 10 days in 30 years

Provided by First Street

Historical weather

Dallas, OR • 97338

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 2.1 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

2.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$445,000 – $539,000

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Nearby similar homes

OPEN SUN, 12PM TO 3PM

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3D WALKTHROUGH

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Colleen Benson • Keller Williams Capital City

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New listings for sale in 97338

NEW 2 MINS AGOVIDEO TOUR

$450,000

4 beds2 baths1,942 sq ft

1060 SE Shelton St, Dallas, OR 97338

NEW 4 HRS AGO

$409,900

3 beds2 baths1,330 sq ft

301 NW DENTON St, Dallas, OR 97338

NEW 29 HRS AGO

$460,000

3 beds2 baths1,410 sq ft

1169 SW Birch St, Dallas, OR 97338

OPEN SUN, 11AM TO 1PM

$469,999

3 beds2 baths1,510 sq ft

1571 SE Barberry Ave, Dallas, OR 97338

3D WALKTHROUGH

$432,000

3 beds2 baths1,199 sq ft

2045 SE Academy St, Dallas, OR 97338

Marta Guajardo • HomeSmart Realty Group

$375,000

2 beds1 bath960 sq ft

2020 Pioneer Rd, Dallas, OR 97338

3D WALKTHROUGH

$429,900

3 beds2 baths1,474 sq ft

1000 SW Aspen Ln, Dallas, OR 97338

$58,000

2 beds2 baths960 sq ft

631 E Ellendale Ave #207, Dallas, OR 97338

OPEN SAT, 10:30AM TO 12PM

$220,000

3 beds2 baths1,404 sq ft

1401 W Ellendale Ave #90, Dallas, OR 97338

Home values near 228 NW Reed Ln

Data from public records.

Address	Redfin Estimate
271 Northwest Reed Ln, Dallas, OR 3 Beds \| 2 Baths \| 1732 Sq. Ft.	$500,204
163 Northwest Reed Ln, Dallas, OR 3 Beds \| 1 Baths \| 1248 Sq. Ft.	$445,989

Address	Redfin Estimate
258 Northwest Reed Ln, Dallas, OR 3 Beds \| 2 Baths \| 2298 Sq. Ft.	$570,916
219 Northwest Reed Ln, Dallas, OR 3 Beds \| 2.5 Baths \| 2090 Sq. Ft.	$618,820

Address	Redfin Estimate
284 Northwest Reed Ln, Dallas, OR 3 Beds \| 3 Baths \| 2317 Sq. Ft.	$564,904
257 Northwest Reed Ln, Dallas, OR 3 Beds \| 1 Baths \| 1294 Sq. Ft.	$428,066

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About this home

Redfin Estimate

Earn from this home

Market trends in 97338, OR

Sale history for 228 NW Reed Ln

Tax history for 228 NW Reed Ln

Permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97338

Home values near 228 NW Reed Ln

More real estate resources