For sale Residential

Listed Oct 28, 2026

$554,000 Est. $3,664/mo

5445 Reed Lane

  • 3

    Beds

  • 2

    Baths

  • 2,400

    Sq ft

The story

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!

Facts & features

Home type

Residential

Year built

1990

Price per sq ft

$231

Parking

2-car garage

Included features

  • Fireplace

    Yes

  • Cooling

    Heat Pump

  • Heating

    Wood, Heat Pump, Forced Air

  • Appliances

    Dishwasher

  • Flooring

    Carpet, Tile, Laminate, Luxury Vinyl

  • Roof

    Composition

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$3,664 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,949
  • Property tax $554
  • Insurance $162

Includes principal, interest, taxes & insurance.

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Listing Broker

PREMIERE PROPERTY GROUP, LLC ALBANY

Broker Name

PREMIERE PROPERTY GROUP, LLC ALBANY

Agent

RHEOLA COY