5445 Reed Ln SE, Salem, OR 97306
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#:846958
Source:OR_WVMLS
Price summary
- Price:$554,000
- Price per sq. ft.:$230.83
About this home
BUYER INCENTIVE: UP TO $15,000 IN SELLER CONCESSIONS! Looking for a way to make your home purchase work better financially? The seller is offering up to $15,000 in seller concessions for an eligible buyer to apply toward allowable closing costs, an interest-rate buydown, or other eligible expenses. Ask your lender, or mine how this incentive may benefit your purchase. Welcome to 5445 Reed Ln SE, situated on approximately 0.29 acre in an established South Salem neighborhood with no HOA. This 3-bedroom, 2-ba th home offers approximately 2,400 square feet, generous outdoor space, and a range of recent improvements. Updates completed in 2025 and 2026 include a new roof, siding, interior and exterior paint, luxury vinyl plank flooring, bedroom carpeting, and an insulated garage door. Inside, vaulted ceilings, granite countertops, stainless steel appliances, spacious bedrooms, and both a wood-burning and an electric fireplace offer a variety of features to enjoy. Outside, an expansive deck, mature trees, and a koi pond water feature create space to relax or entertain. The oversized lot also provides room for RV parking, recreational vehicles, and additional storage. Conveniently located near Pringle Elementary School, Wes Bennett Park, shopping, dining, and I-5 access, this property offers plenty of room to enjoy both indoor and outdoor living. Schedule a showing and talk with your lender, or mine about how the seller incentive may help you purchase this beautiful home!...
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Home facts
- Year built:1990
- Subdivision & Development:Grabenhorst Fruit Farms
- Listing ID #:846958
- Added:5 day(s) ago
- Updated:November 03, 2026 at 05:55 AM
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:$554,000
- Price per sq. ft.:$230.83
- 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
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