5445 Reed Ln SE, Salem, OR 97306

Local realty services provided by:Knipe Realty ERA Powered
Listed by: rheola coyCell: 503-999-5088
Office: premiere property group, llc. albany541-730-4830
MLS#:846958
Source:OR_WVMLS
5445 Reed Ln SE,Salem, OR 97306
$554,000
  • 3 Beds
  • 2 Baths
  • 2,400 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Sun, Nov 01
    11:00 am - 01:00 pm

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,...

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Home facts

  • Year built:1990
  • Subdivision & Development:Grabenhorst Fruit Farms
  • Listing ID #:846958
  • Added:1 day(s) ago
  • Updated:October 28, 2026 at 10:55 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:$554,000
  • 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
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: Jeff Knipe