Listing provided courtesy of PREMIERE PROPERTY GROUP, LLC ALBANY- MLS# 841558MLS ProviderContact Information: Cell: 503-999-5088

5445 Reed Ln SESalem, OR 97306

Single Family · 3 Beds · 2 Full Baths · 2,400 Sq. ft. | 0.29 Acres
$600,000 ACTIVE

5445 Reed Ln SE Overview

Time on Site:
12 days
Visits:
0

LOCATION, LIFESTYLE & SPACE — Welcome to one of SE Salem's most desirable neighborhoods! Situated on a spacious and beautifully landscaped 0.29-acre lot, this extensively updated 3 bedroom, 2 bathroom home offers 2,400 sq. ft. of comfort, privacy, and convenience in an established South Salem neighborhood surrounded by beautifully maintained homes. From the moment you arrive, you'll appreciate the peaceful setting, mature trees, and inviting curb appeal that give this property a private, country-like feel while still being just minutes from everything Salem has to offer. Thoughtfully updated in 2025 and 2026, the interior features new luxury vinyl plank flooring on the main level, new carpet in the bedrooms, and fresh paint throughout. Exterior updates bring total peace of mind with a new roof, siding, fresh paint, and a new insulated garage door. Additional features include granite countertops, stainless steel appliances, vaulted ceilings, spacious bedrooms, and both a wood-burning fireplace and electric fireplace for warmth and ambiance year-round. Step outside into your own backyard retreat featuring mature landscaping, a tranquil koi pond water feature, expansive deck space perfect for entertaining, and plenty of room to relax, garden, play, or simply enjoy the peaceful surroundings. The oversized lot also offers space for RV parking, recreational toys, or additional storage — all with NO HOA. Location truly sets this property apart. You are just steps from Pringle Elementary School and Wes Bennett Park, and only minutes from dining, shopping, and I-5 access. It is rare to find a home that offers this much space, convenience, and peaceful seclusion in the heart of South Salem — this is the one you've been waiting for!

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5445 Reed Ln SE Facts & Features

  • Type Single Family
  • Sq. ft. 2,400
  • Price/Sq.ft. $250
  • Lot 0.29 Acres

Details

General

School Information

  • Elementary School: Pringle
  • Middle Or Junior School: Judson
  • High School: South Salem

Building Information

  • Year Built: 1990

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 40 SOUTHEAST SALEM
  • Subdivision Name: Grabenhorst Fruit Farms

Tax Information

  • Tax Annual Amount: 6622

General Information

  • Property Sub Type: Residence
  • Property Type: Residential
  • Senior Community: No
  • Zoning: RA

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

General Information

  • Accessibility Features: No
  • Fireplace Features: Electric,Living Room,Other Room,Wood
  • Flooring: Carpet,Laminate,Luxury Vinyl Plank,Tile
  • Foundation Details: Continuous
  • Living Area: 2400
  • Stories Total: 2 Story

Exterior

Lot Information

  • Lot Features: Dimension Above
  • Lot Size Acres: 0.29
  • Lot Size Square Feet: 12612
  • Water Source: City

Waterfront/View

  • View: Territorial

Building Exterior/Construction

  • Construction Materials: Composite
  • Patio And Porch Features: Deck
  • Roof: Composition

General Information

  • Fencing: Yes
  • Pool Features: Hot Tub

5445 Reed Ln SE Neighborhood

Community

97306 (Salem) Demographics

38
Median Age
969
Population Density (per sq. mile)
51%
College Educated
$71,775
Estimated Median Income
8,289
Estimated Total Home Owners
4,098
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5445 Reed Ln SE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5445 Reed Ln SE Market Data

Based on the last 30 days in this zip code

$652,124
Average List Price
$279
Average Price per Square Foot
47
Properties Sold
75
Average Days on Market
282
Properties for Sale
Calculations provided by Reliance Network

5445 Reed Ln SE History

Date Event Value Agent
6/17/2026Source: Willamette Valley MLS Added to Database
June 17, 2026