Courtesy of PREMIERE PROPERTY GROUP, LLC ALBANY, RHEOLA COY, Cell: 503-999-5088
3 Beds
2 Baths
2,400 sqft
$554,900
5445 Reed Ln, Salem OR, 97306
Price per sqft$231.21
Built in1990
Property size2,400 sqft
Property typeResidential
Overview
Active
Listed Jun 17, 2026
Updated 2 weeks ago
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 parking, recreational toys, and additional storage. PRIME LOCATION: Hard to beat—just steps from Pringle Elementary School and Wes Bennett Park, and minutes from shopping, dining, and easy I-5 access.
$3,692/mo
Est. mortgage payment based on a $554,900 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 841558
Interior Features
- Bedrooms
- 3
- Bathrooms
- 2
- Fireplace
- Yes
- Cooling
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.29 Acres
Other Property Details
- Taxes
- $6,622
- Tax Frequency
- Annually
- Garage
- Yes
- View
- Yes
Based 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.
WVMLS Member: Julia Monaghan
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