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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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1840 Rees Hill Rd Unit 21 , Salem, OR 97306
$289,900
Est. Payment: $1,457.67/mo
2 Bed
2 Bath
1359 Sqft
Status: active | Days on site: 61
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by Peter Cutile , 360-213-6787 Modern Realty , 971-340-6636. Portland Regional Multiple Listing Service mls logo

Property Type

Condo/Townhome

HOA Fee

535 Monthly

Year Built

1989

County

Marion

Area

172 - Marion Co: South Salem

Listing ID

212156194

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Cooktop, Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Microwave, Stainless Steel Appliance(s)
Air Cond:Central Air
Fireplaces:
Other:Engineered Hardwood,High Speed Internet,Laundry,Vaulted Ceiling(s),Wall to Wall Carpet,Washer/Dryer,Master on Main
Other:Public Water

Exterior Features

Lot:Trees,Lake
Garage Capacity:1
Roof:Composition
Others:Covered Patio,Patio,Resale
Sewer:Public Sewer
Parking Features:Detached
Principal Interest
$1,458
Taxes
$332
HOA
$535

Home Price

$289,900

Loan Details

30 yrs
6.446%

Down Payment

20%
$57,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,457.67

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,457.67 $331.90 $535.00 $2,324.56
Yearly $17,491.99 $3,982.77 $6,420.00 $27,894.76
Total $524,759.64 $119,483.10 $192,600.00 $836,842.74

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Salem, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated: 2026-07-24T01:19:15.000Z

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