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 kept, newer paint, and updated bathroom flooring give the home a fresh feel throughout, while new siding, a new roof, and a new deck on the exterior mean the major work is already done. Move in and settle in.Step out onto the covered deck and the setting takes over. 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 covers exterior maintenance, landscaping, garbage, cable, and insurance — keeping costs predictable and daily living genuinely low-maintenance.For buyers looking for a smart entry point into South Salem with a view that overdelivers for the price — this is the one. Come experience it for yourself.
Active
$299,900
1840 Rees Hill Rd SE APT 21, Salem, OR 97306
2beds
1,359sqft
Est.:
Residential, Condominium
Built in 1989
-- sqft lot
$-- Zestimate®
$221/sqft
$-- HOA
What's special
Covered deckNatural quietNewer paintNew deckWell-kept move-in-readyWildlife moves through dailyUpdated bathroom flooring
- 11 hours |
- 59 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Peter Cutile 360-213-6787,
Modern Realty
Source: RMLS (OR),MLS#: 212156194
Tour with a local agent
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: Cooktop, Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Microwave, Stainless Steel Appliance(s), Washer/Dryer
- Laundry: Laundry Room
Features
- High Speed Internet, Vaulted Ceiling(s)
- Flooring: Engineered Hardwood, Wall to Wall Carpet
- Windows: Double Pane Windows
Interior area
- Total structure area: 1,359
- Total interior livable area: 1,359 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Condo Garage (Attached), Detached
- Garage spaces: 1
Features
- Stories: 1
- Entry location: Main Level
- Patio & porch: Covered Patio, Patio
- Has view: Yes
- View description: Lake, Park/Greenbelt, Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
Lot
- Features: Trees
Details
- Parcel number: 569824
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Residential, Condominium
Materials
- Cement Siding
- 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
Location
- Region: Salem
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $387,810
- Annual tax amount: $3,982
- Date on market: 4/16/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Listed for sale | $299,900+47%$221/sqft |
Source:  RMLS (OR) #212156194 Report a problem | ||
| 2/15/2019 | Sold | $204,000-2.6%$150/sqft |
Source: Public Record Report a problem | ||
| 12/14/2018 | Listed for sale | $209,500+10.8%$154/sqft |
Source: SUNDANCE REALTY #742653 Report a problem | ||
| 6/29/2007 | Sold | $189,000$139/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,983 +7.8% | $193,860 +3% |
| 2024 | $3,696 +3% | $188,220 +6.1% |
| 2023 | $3,587 +2.9% | $177,420 |
| 2022 | $3,486 +2.9% | $177,420 +3% |
| 2021 | $3,387 +3% | $172,260 +6.1% |
| 2020 | $3,288 +3.6% | $162,380 |
| 2019 | $3,173 +1.3% | -- |
| 2018 | $3,132 | -- |
| 2017 | $3,132 +20.1% | -- |
| 2016 | $2,607 | -- |
| 2015 | $2,607 +3.4% | -- |
| 2014 | $2,521 +1% | -- |
| 2013 | $2,497 | -- |
| 2012 | $2,497 -10.3% | -- |
| 2011 | $2,783 +4.2% | $148,620 +6.1% |
| 2010 | $2,670 +1.1% | $140,100 |
| 2009 | $2,640 +6% | $140,100 +3% |
| 2008 | $2,491 +3.3% | $136,020 |
| 2007 | $2,412 +1.7% | -- |
| 2006 | $2,373 +3.6% | -- |
| 2005 | $2,290 -2% | -- |
| 2004 | $2,336 +4.9% | -- |
| 2003 | $2,228 +2.5% | -- |
| 2002 | $2,174 +3.1% | -- |
| 2001 | $2,108 +3.2% | -- |
| 2000 | $2,043 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$1,653/mo
Principal & interest
$1451
Property taxes
$202
More affordability tools
Climate risks
Neighborhood: South Gateway
Nearby schools
GreatSchools rating
- 2/10Battle Creek Elementary SchoolGrades: K-5Distance: 0.6 mi
- 5/10Judson Middle SchoolGrades: 6-8Distance: 2.6 mi
- 6/10Sprague High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Liberty
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Oregon
- Marion County
- Salem
- 97306
- South Gateway
- 1840 Rees Hill Rd SE Apartment 21
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