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Pending
  • $408,000

    234 Penny Ln, Shady Cove, OR 97539

    3beds
    2baths
    1,660sqft
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    Single Family Residence
    Built in 2003
    10,018 Square Feet Lot
    $406,300 Zestimate®
    $246/sqft
    $60/mo HOA

    What's special

    Easy-care landscapingPrivate outdoor retreat
    Nestled in the heart of Shady Cove, this inviting 1,660-sq. ft. home offers the perfect balance of comfort, recreation & low-maintenance living. Situated on a spacious .23-AC lot, the property features easy-care landscaping designed for more time enjoying life & less time on upkeep, including durable artificial grass in the backyard for year-round functionality. Inside you'll find a welcoming layout with ample living space, ideal for both relaxing & entertaining. Outside you will enjoy the peaceful setting, with room to gather, garden or simply unwind in your private outdoor retreat. One of the standout features of this property is the exclusive private community access to the river, complete with a boat ramp & small park area - perfect for fishing, rafting or enjoying warm summer days by the water. Whether you're searching for a full-time residence, vacation getaway or investment opportunity, this home delivers the best of Southern Oregon living with recreation right at your doorstep.
    43 days
    |
    50
    |
    0
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Windermere Trails End R.E. cveach@windermere.com

    Source: Oregon Datashare,MLS#: 220222251MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Electric, Forced Air, Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
      Features
      • Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Hardwood, Vinyl
      • Windows: Vinyl Frames
      • Has fireplace: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,660
      • Total interior livable area: 1,660 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Concrete
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered
      • Has view: Yes
      • View description: Neighborhood, Territorial
      Lot
      • Size: 10,018 Square Feet
      • Features: Corner Lot
      Details
      • Additional structures: RV/Boat Storage
      • Parcel number: 10942141
      • Zoning description: R-1-10
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: Park
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Rogue Riviera Estates
      HOA
      • Has HOA: Yes
      • Amenities included: Water
      • HOA fee: $60 monthly
      Location
      • Region: Shady Cove

      Financial & listing details

      • Price per square foot: $246/sqft
      • Tax assessed value: $404,920
      • Annual tax amount: $2,838
      • Date on market: 5/28/2026
      • Cumulative days on market: 44 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Inclusions: Kitchen appliances, washer/dryer
      • Exclusions: Personal property
      • Road surface type: Paved

        Estimated market value

        $406,300

        $386,000 - $427,000

        $2,157/mo

        Price history

        DateEventPrice
        6/5/2026Pending sale$408,000$246/sqft
        Source: Oregon Datashare #220222251 Report a problem
        5/28/2026Listed for sale$408,000+25.6%$246/sqft
        Source: Oregon Datashare #220222251 Report a problem
        6/14/2005Sold$324,900+99.3%$196/sqft
        Source: Public Record Report a problem
        7/30/2003Sold$163,000$98/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,773 +3.6%$229,700 +3%
        2023$2,677 +2.8%$223,010
        2022$2,604 +3.1%$223,010 +3%
        2021$2,527 -7.2%$216,520 +6.1%
        2020$2,723 +1.3%$204,100 +3%
        2019$2,688 $198,160 +3%
        2018$2,688 -5.3%$192,390
        2017$2,840 +16.3%$192,390 +6.1%
        2016$2,442 +3.4%$181,350
        2015$2,361 +4.4%$181,350 +6.1%
        2014$2,260 +10.3%$170,950 +3%
        2013$2,049 +9.1%$165,980 +5.1%
        2012$1,878 -1.7%$157,930 -2%
        2011$1,910 -5.9%$161,150 +0.7%
        2010$2,030 +2.9%$160,010 +3%
        2009$1,973 +1%$155,350 +3%
        2008$1,954 +1.1%$150,830 +3%
        2007$1,933 +4%$146,440 +3%
        2006$1,859 +2.2%$142,180 +3%
        2005$1,819 -2.2%$138,040 +3%
        2004$1,859 +431.6%$134,020 +450.6%
        2003$350 $24,340
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97539

        Getting around

        27 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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