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  • $249,900

    1840 Rees Hill Rd SE APT 19, Salem, OR 97306

    2beds
    1,359sqft
    Residential, Condominium
    Built in 1989
    -- sqft lot
    $249,900 Zestimate®
    $184/sqft
    $1,903 Estimated rent

    Home value

    $249,900

    $237,000 - $262,000

    $1,903/mo

    Zestimate® history
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    What's special

    Updated bamboo flooringCovered private deckUpdated bathroomsNew flooringUpdated paint and trimBeautifully updated single-level condoNew kitchen cabinets
    Some condos check boxes. This one stops you at the window. Welcome to 1840 Rees Hill Road SE #19 — a beautifully updated single-level condo in the sought-after Cinnamon Lakes community of South Salem, where thoughtful upgrades meet one of the most breathtaking natural settings in the area. This is move-in ready living with a view that genuinely earns that description. Step inside to find a home that has been refreshed throughout — new flooring, updated bathrooms, updated paint and trim, new kitchen cabinets, granite countertops, and appliances. Updated bamboo flooring completes the picture, creating interiors that feel clean, modern, and immediately livable from every angle. Step out onto the covered PRIVATE deck and the setting takes over. This premium upstairs unit backs directly to views of three lakes — a rare and stunning natural backdrop that shifts with the seasons, draws wildlife daily, and offers the kind of quiet that most people have to drive to find. The HOA at $495 per month covers exterior maintenance, landscaping, garbage, and insurance — a comprehensive package that keeps this an effortlessly low-maintenance lifestyle from day one. For buyers seeking single-level living with genuine updates, a community that handles the details, and a setting that stops you mid-sentence — this is the one. Entire complex scheduled for extensive renovation to include: new trex decking, roof, siding, paint, and windows. Come see it for yourself.

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Cutile 360-213-6787,

    Modern Realty

    Bought with:

    Sarah Noelle, 201252439

    eXp Realty, LLC

    Source: RMLS (OR),MLS#: 788521021MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Rooms
    • Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Built In Oven, Built-In Refrigerator, Dishwasher, Down Draft, Free-Standing Gas Range, Free-Standing Range, Gas Appliances, Range Hood, Stainless Steel Appliance(s), Washer/Dryer
    • Laundry: Laundry Room
    Features
    • High Ceilings, Quartz, Kitchen Island
    • Flooring: Tile, Wood
    • Windows: Double Pane Windows
    • Basement: None
    Interior area
    • Total structure area: 1,359
    • Total interior livable area: 1,359 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Condo Garage (Attached), Detached
    • Garage spaces: 1
    Features
    • Stories: 1
    • Entry location: Upper Floor
    • Patio & porch: Patio
    • Has view: Yes
    • View description: Lake, Park/Greenbelt, Territorial
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Features: Commons
    Details
    • Parcel number: 569822

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Residential, Condominium
    Materials
    • Cement Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $535 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $184/sqft
    • Tax assessed value: $387,810
    • Annual tax amount: $4,185
    • Date on market: 4/16/2026
    • Cumulative days on market: 81 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/20/2026Sold$249,900-24.2%$184/sqft
    Source: RMLS (OR) #788521021 Report a problem
    7/9/2026Pending sale$329,900$243/sqft
    Source: RMLS (OR) #788521021 Report a problem
    6/9/2026Price change$329,900-2.9%$243/sqft
    Source: RMLS (OR) #788521021 Report a problem
    4/17/2026Listed for sale$339,900+112.6%$250/sqft
    Source: RMLS (OR) #788521021 Report a problem
    8/8/2016Sold$159,900$118/sqft
    Source: Public Record Report a problem
    6/13/2016Listed for sale$159,900$118/sqft
    Source: CROWN REAL ESTATE GROUP #705691 Report a problem
    4/28/2015Listing removed$1,000$1/sqft
    Source: Crown Property Management, Inc. Report a problem
    4/25/2015Listed for rent$1,000$1/sqft
    Source: Crown Property Management, Inc. Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,185 +7.8%$203,710 +3%
    2024$3,883 +3%$197,780 +6.1%
    2023$3,769 +2.9%$186,430
    2022$3,663 +2.9%$186,430 +3%
    2021$3,559 +3%$181,000 +6.1%
    2020$3,455 +3.6%$170,620
    2019$3,334 +1.3%--
    2018$3,291 --
    2017$3,291 +26.2%--
    2016$2,607 --
    2015$2,607 +1.3%--
    2014$2,574 +3.1%--
    2013$2,497 --
    2012$2,497 -14.6%--
    2011$2,924 +4.2%$156,160 +6.1%
    2010$2,806 +1.1%$147,210
    2009$2,774 +6%$147,210 +3%
    2008$2,617 +3.3%$142,930
    2007$2,535 +1.7%--
    2006$2,493 +2%--
    2005$2,444 +2.8%--
    2004$2,377 +2.3%--
    2003$2,323 +0.1%--
    2002$2,320 +1.5%--
    2001$2,286 +4.3%--
    2000$2,191 --
    Find assessor info on the county website

    Neighborhood: South Gateway

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Battle Creek
    • Middle: Judson
    • High: Sprague

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $249,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $249,900