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5445 Reed Ln Se, Salem, OR 97306

$554,000
  • 5445 Reed Ln Se, Salem, OR 97306 Main Photo
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Listing Courtesy of: PREMIERE PROPERTY GROUP, LLC ALBANY
Agency Contact: Cell: 503-999-5088
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BEDS3 BATHS2 full SQUARE FEET2,400 MLS#846958
STATUS PROPERTY TYPEResidential - Single Family SUBDIVISIONGrabenhorst Fruit Farms

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.

Upcoming Open Houses

Open House Sunday November 1st, 11:00am - 1:00pm

Property Features

Property Type: Residential - Single Family
Fenced: Yes
Garage: 2 car attached
Lot Size: 0.29 Acres
Roof Type: Composition
Taxes: $6,622
Year Built: 1990

Feature Descriptions

Amenities: Hot Tub
Days on Site: 2
Dining Room: Formal
Dishwasher: Yes
Exterior: Composite
Fenced Yard: Yes
Fireplace: Electric, Living Room, Other Room, Wood
Flooring: Carpet, Laminate, Luxury Vinyl Plank, Tile
Formal Dining: Yes
Foundation: Continuous
Heating/Cooling: Wood, Heat Pump, Forced Air
Hot Tub: Yes
Inclusions: All kitchen appliances, washer & dryer included
Lot Dimensions: 0.29 Acre(s)
Parking Notes: Attached
Patio: Deck
Price Per Square Foot: 230.83
Range: Electric
Security: yes
Sewer: Yes
Special View Info: Territorial
Underground Sprinklers: Yes
Water: City
Water Heater: Gas

Local Schools

High School: South Salem
Middle School: Judson
Elementary School: Pringle

Listed By / Shown By

Listed By

Agency Name: PREMIERE PROPERTY GROUP, LLC ALBANY
Agency Contact: Cell: 503-999-5088

Shown By

Agency Title: Coldwell Banker Valley Brokers
Albany: 541.928.6317
Corvallis: 541.757.0222

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Estimate Your Payment

Estimated Payment

$ 1,946.38 per month $1,232.96 Principal & Interest $551.83 Property Tax $161.58 Homeowner's Insurance

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