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5445 Reed Ln; Salem, OR Property Details

5445 Reed Ln, Salem, OR is a Single Family that was built in 1990. This property is currently Financed and is for sale. Our records show that 5445 Reed Ln has 1 bedroom, and 1 bathroom, and a total of 2,400 square feet. The lot size of 5445 Reed Ln is 12,632 square feet.

On Market for 141 days
5445 Reed Ln SE Salem, OR 97306
$554,900 Listing Price
1 Beds
1 Baths
2,400 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1990
  • Purchase Price: $186,900
  • Open Loans / Balance: 2 / $141,001
  • Est. Equity / %: $434,999 / 75.52%
  • Gross Yield: 6.717%
  • APN: 575420
  • Situs County: Marion
  • Length Of Ownership: 12 years, 1 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Attic: true
  • Deck: true

Measurements

  • Total: 2,400/SqFt
  • Lot: 12,632/SqFt
  • Attic: 906/SqFt
  • Gross: 2,997/SqFt
  • Garage: 597/SqFt
  • Living: 2,400/SqFt
  • Building: 2,997/SqFt
  • Ground: 1,494/SqFt
  • Attic Finished: 906/SqFt
  • Garage Finished: 597/SqFt
  • Price Per Square Foot: $77.88

Legal Description

  • Description: GRABENHORST FRUIT FARMS LOT FR 49 ACRES .29
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.876965 / -123.015854
  • Subdivision: Grabenhorst Fruit Farms
  • Property Class: Residential
  • Zoning: RA
  • County Use Code: 101

Amenities

  • Plus Four: 9680
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

5445 Reed Ln SE has no associated ownership info
5445 Reed Ln SE has no associated ownership info.

Taxes

5445 Reed Ln SE has 9 associated Taxes items

5445 Reed Ln, Salem, OR pays taxes in Marion County, OR. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $322,300. The APN we've located for 5445 Reed Ln is 575420.

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Taxes
  • Assessed Value:  $322,300
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  575420
  • Market Land Value:  184500
  • Tax Amount:  6621.49
  • Tax Year:  2025
  • Market Value:  556480
  • Market Year:  2025

Tax History

5445 Reed Ln SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $322,300 Land Value Improvement Value Tax Amount $6,621.49 Change Rate +0.07772% Assessed CR Tax Rate +0.020544%
Year 2024 Assessed Value $312,920 Land Value Improvement Value Tax Amount $6,143.98 Change Rate +0.030376% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $303,810 Land Value Improvement Value Tax Amount $5,962.85 Change Rate +0.028759% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $294,970 Land Value Improvement Value Tax Amount $5,796.16 Change Rate +0.029427% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $286,380 Land Value Improvement Value Tax Amount $5,630.47 Change Rate +0.030044% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $278,040 Land Value Improvement Value Tax Amount $5,466.24 Change Rate +0.036415% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $269,950 Land Value Improvement Value Tax Amount $5,274.18 Change Rate +0.013003% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $5,206.48 Change Rate +0.107972% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $4,699.11 Change Rate +0.049883% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $4,475.84 Change Rate -0.007484% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,509.59 Change Rate +0.033298% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $4,364.27 Change Rate Assessed CR Tax Rate