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Listed by RHEOLA COY • PREMIERE PROPERTY GROUP, LLC ALBANY • Cell: 503-999-5088

$ 554,000

Est. payment | -/mo

3 Beds

2 Baths

2,400 SqFt

Save Virtual Tour

$ 554,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

2 Baths

2,400 SqFt

Open House

Sun Nov 01, 11:00am - 1:00pm

Key Details

Property Type Single Family Home

Sub Type Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $230

Subdivision Grabenhorst Fruit Farms

MLS Listing ID 846958

Bedrooms 3

Full Baths 2

Year Built 1990

Annual Tax Amount $6,622

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Residence

Property Description

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! OPEN HOUSE this Sunday from 11 a.m. -1 p.m.

Location

State OR

County Marion

Area 40 Southeast Salem

Rooms

Primary Bedroom Level 2/Upper

Dining Room Formal

Interior

Hot Water Gas

Heating Wood, Heat Pump, Forced Air

Cooling Wood, Forced Air

Flooring Carpet, Laminate, Luxury Vinyl Plank, Tile

Fireplaces Type Electric, Living Room, Other Room, Wood

Inclusions All kitchen appliances, washer & dryer included

Exterior

Parking Features Attached

Garage Spaces 2.0

Fence Yes

Pool Hot Tub

View Territorial

Roof Type Composition

Garage Yes

Building

Foundation Continuous

New Construction No

Schools

Middle Schools Judson

High Schools South Salem

Others

Senior Community No

Acceptable Financing Federal VA, Cash, ODVA, FHA, Conventional

Listing Terms Federal VA, Cash, ODVA, FHA, Conventional

Virtual Tour https://www.ppgtours.com/ml/160542#photos

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(971) 599-5865

broker@hsmartrealtygroup.com

3240 Commercial St SE, Ste 100, Salem, OR 97302

5445 Reed Ln SE Salem, OR 97306