5445 Reed Ln SE, Salem, OR 97306

Salem
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: rheola coyCell: 503-999-5088
Office: premiere property group, llc. albany541-730-4830
MLS#:841558
Source:OR_WVMLS
5445 Reed Ln SE,Salem, OR 97306
$554,900
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 2,400 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$554,900
  • Price per sq. ft.:$231.21

About this home

NEW PRICE, NEW OPPORTUNITY! Unbeatable value awaits in this beautifully updated 2,400 SQ FT, 3-bedroom, 2-bath home in an established South Salem neighborhood. Situated on a pristine 0.29-acre lot with NO HOA, this home is surrounded by beautifully maintained properties and offers ultimate privacy and convenience. EXTENSIVE 2025 & 2026 UPDATES: The property boasts a brand-new roof, new siding, fresh exterior and interior paint, new luxury vinyl plank flooring, new plush bedroom carpet, and a new insulated garage door. PREMIUM INTERIOR FEATURES: Inside, you'll find a bright, comfortable living space highlighted by vaulted ceilings, granite countertops, stainless steel appliances, spacious bedrooms, and the cozy ambiance of both a wood-burning and an electric fireplace. OUTDOOR OASIS & BONUS SPACE: Step outside to an expansive deck perfect for relaxing or entertaining, complete with mature trees and a serene koi pond water feature. The oversized lot also provides ample room for RV...

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Home facts

  • Year built:1990
  • Subdivision & Development:Grabenhorst Fruit Farms
  • Listing ID #:841558
  • Added:96 day(s) ago
  • Updated:September 22, 2026 at 02:36 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Laminate, Tile
  • Dining Description:Formal Dining Room, On Level 1
  • Kitchen Description:Dishwasher, Disposal, On Level 1, Range: Electric
  • Bedroom Description:Master Bedroom on Level 2
  • Living area:2,400 sq. ft.

Heating and cooling

  • Heating:Forced Air, Heat Pump, Wood

Structure and exterior

  • Roof:Composition
  • Year built:1990
  • Building area:2,400 sq. ft.
  • Lot area:0.29 Acres
  • Lot Features:Dimension Above
  • Architectural Style:2 Story
  • Construction Materials:Composite
  • Exterior Features:Deck, Fenced Yard, Underground Sprinkers
  • Foundation Description:Continuous

Schools

  • High school:South Salem
  • Middle school:Judson
  • Elementary school:Pringle

Utilities

  • Water:City
  • Sewer:City Sewer

Finances and disclosures

  • Price:$554,900
  • Price per sq. ft.:$231.21
  • Tax amount:$6,622 (2025)

Features and amenities

  • Amenities:Area/Room For RV, Gas Water Heater, Owned Security
  • Pool features:Hot Tub

Parking

  • Parking description:Attached Garage
  • Garage spaces:2
MLS LogoBased on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. OR_WVMLS Member Broker: Ron Blacquiere

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