$289,900
$10K PRICE DROP

1840 Rees Hill Rd SE Unit 21 Salem, OR 97306

South Gateway Neighborhood

Estimated payment $2,397/month

Total Views 16,792
2 Beds
2 Baths
1,359 Sq Ft
$213 Price per Sq Ft

Highlights

  • Lake Front
  • Traditional Architecture
  • Covered Patio or Porch
  • Vaulted Ceiling
  • Engineered Wood Flooring
  • Stainless Steel Appliances

About This Home

Step into effortless South Salem living — well-kept, move-in-ready, and perfectly positioned in the sought-after Cinnamon Lakes community, where the natural setting is unlike anything else in this price range. Welcome home to 1840 Rees Hill Road SE #21, a single-level condo that offers immediate livability, a spectacular outdoor backdrop, and long-term flexibility to make it your own. The interiors are clean and comfortable — well maintained carpet, newer paint, and updated bathroom flooring give the home a fresh, welcoming feel throughout. Step out onto the covered deck and the setting takes over completely. Three lakes stretch out behind the property, wildlife moves through daily, and the kind of natural quiet that most buyers have to pay significantly more to find unfolds right outside your door. This is a premium upstairs unit with one of the most coveted views in the community. The HOA at $495 per month covers exterior maintenance, landscaping, garbage, and insurance — a genuinely comprehensive package that keeps daily living low-maintenance and long-term costs predictable. For buyers seeking single-level living in a scenic, established South Salem community with a view that overdelivers — this is the opportunity. Entire complex scheduled for extensive renovation to include: new trex decking, roof, siding, paint, and windows. Come experience it for yourself.

Listing Agent

Peter Cutile

Modern Realty License #201215695 Listed on: 04/16/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,983

Year Built

  • Built in 1989

Lot Details

  • Lake Front
  • Landscaped with Trees

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Lake
  • Territorial
  • Park or Greenbelt

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,359 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

  • Liberty Elementary School
  • Judson Middle School
  • Sprague High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 569824

Community Details

Overview

  • 2 Units

Amenities

  • Community Deck or Porch

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,983

Year Built

Built in 1989

Lot Details

0 Sq Ft Lot

HOA Fees

$495 per month

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1989
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: No
  • CondominiumUnitsInComplex: 2
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Current Price For Status: 289900.0
  • Open House: No
  • CondominiumTotalLevels: 2
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.0
  • Interior Amenities: EngineeredHardwood, HighSpeedInternet, Laundry, VaultedCeiling, WalltoWallCarpet, WasherDryer
  • Window Features: DoublePaneWindows
  • Appliances: Cooktop, Dishwasher, Disposal, FreeStandingGasRange, FreeStandingRefrigerator, GasAppliances, Microwave, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: CoveredPatio, Patio
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Trees
  • Road Surface Type: Paved
  • Waterfront Features: Lake
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Lake,ParkGreenbelt,Territorial

Garage/Parking

  • Garage Type: Detached
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Attached
  • CondominiumParkingTandemYN: No

Utilities

  • Fuel Description: Electricity,Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: MainLevel
  • Senior Community: No
  • Association Fee: 495.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Liberty
  • High School: Sprague
  • Middle Or Junior School: Judson

Lot Info

  • Land Lease: No
  • Parcel #: 569824

Green Features

  • Green Certification: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3982.77

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/09/2026 06/09/26 Price Changed $289,900 -3.3% $213 / Sq Ft
04/16/2026 04/16/26 For Sale $299,900 -- $221 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $204,000 Amerititle
Interfamily Deed Transfer -- Amerititle
Personal Reps Deed $189,000 Amerititle
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $106,000 New Conventional
Previous Owner $136,469 New Conventional
Previous Owner $144,000 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Peter Cutile

Modern Realty

(971) 315-9594

Section Image

Real Estate is an ever changing market. I have had the amazing opportunity to join the market during a time of market shifting and change. I have been blessed to grow in my knowledge, resources, and relationships rapidly. I grew up as a first generation American with my parents having emigrated from Romania. Seeing them leave their lives behind and come to a country to start a new life has taught and shown me the type of work ethic needed to be successful.

My journey in the real estate

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 212156194

Regional Multiple Listing Service (RMLS)

APN: 569824

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