Charming, move-in ready home in Shady Cove tucked down a private road and sitting on almost a half acre. Stainless steel appliances in the kitchen, a spacious backyard with room to raise a few chickens - fresh eggs right from your own yard. Completely fenced in with plenty of space for gatherings, hobbies, gardening, or just room to play! New heat pump and roof was replaced in 2019.
Easy access to the Rogue River for fishing, floating, and weekend adventures, with the small-town feel of Shady Cove just minutes away. Cozy, comfortable, and ready for its next chapter.
Active
Price cut: $10K (10/4)
$340,000
125 Penny Ln, Shady Cove, OR 97539
3beds
2baths
1,176sqft
Single Family Residence
Built in 1996
0.44 Acres Lot
$335,100 Zestimate®
$289/sqft
$-- HOA
What's special
Spacious backyardMove-in ready homeCompletely fenced inCozy comfortable
- 35 days
- 916
- 66
Zillow last checked:
Listing updated:
Listed by:
eXp Realty, LLC 888-814-9613
Source: Oregon Datashare,MLS#: 220228432
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Fireplace(s), Electric, Forced Air, Heat Pump, Propane
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Oven, Range, Range Hood, Refrigerator, Water Heater
Features
- Breakfast Bar, Ceiling Fan(s), Open Floorplan, Primary Downstairs, Shower/Tub Combo
- Flooring: Carpet, Laminate, Vinyl
- Windows: Double Pane Windows, Vinyl Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Propane
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,176
- Total interior livable area: 1,176 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Driveway, Garage Door Opener, Gravel, RV Access/Parking
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.44 Acres
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: 10273972
- Zoning description: R-1-10M
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Block, Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Public Sewer
- Water: Shared Well
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Shady Cove
Financial & listing details
- Price per square foot: $289/sqft
- Tax assessed value: $290,530
- Annual tax amount: $2,234
- Date on market: 9/10/2026
- Cumulative days on market: 35 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Exclusions: washer/dryer
Estimated market value
$335,100
$318,000 - $352,000
$1,887/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2026 | Price change | $340,000-2.9%$289/sqft |
Source:  Oregon Datashare #220228432 Report a problem | ||
| 9/19/2026 | Price change | $350,000-2.5%$298/sqft |
Source: Oregon Datashare #220228432 Report a problem | ||
| 9/10/2026 | Listed for sale | $359,000+56.1%$305/sqft |
Source: Oregon Datashare #220228432 Report a problem | ||
| 11/19/2019 | Sold | $230,000+29.2%$196/sqft |
Source: Oregon Datashare #103008203 Report a problem | ||
| 9/26/2008 | Sold | $178,000-3.7%$151/sqft |
Source: Public Record Report a problem | ||
| 8/29/2008 | Listed for sale | $184,900+68.9%$157/sqft |
Source: NCI #2907706 Report a problem | ||
| 7/2/1999 | Sold | $109,500$93/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,184 +3.6% | $180,940 +3% |
| 2023 | $2,108 +2.8% | $175,670 |
| 2022 | $2,052 +3.1% | $175,670 +3% |
| 2021 | $1,991 -7.2% | $170,560 +6.1% |
| 2020 | $2,145 +1.3% | $160,780 +3% |
| 2019 | $2,117 | $156,100 +3% |
| 2018 | $2,117 -5.4% | $151,560 |
| 2017 | $2,237 +16.3% | $151,560 +6.1% |
| 2016 | $1,924 +4.9% | $142,870 +5.5% |
| 2015 | $1,834 +6.5% | $135,420 -0.1% |
| 2014 | $1,723 +9.9% | $135,500 +3% |
| 2013 | $1,568 +13.6% | $131,560 +13.3% |
| 2012 | $1,380 -2.3% | $116,080 -2.6% |
| 2011 | $1,412 -12.1% | $119,140 -8.6% |
| 2010 | $1,606 -0.1% | $130,290 +3% |
| 2009 | $1,607 +1% | $126,500 +3% |
| 2008 | $1,591 +1.1% | $122,820 +3% |
| 2007 | $1,574 +4% | $119,250 +3% |
| 2006 | $1,514 +2.2% | $115,780 +3% |
| 2005 | $1,481 -2.2% | $112,410 +3% |
| 2004 | $1,514 -0.6% | $109,140 +3% |
| 2003 | $1,523 | $105,970 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97539
Nearby schools
Schools provided by the listing agent
- Elementary: Shady Cove School
- Middle: Eagle Point Middle
- High: Eagle Point High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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