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$299,900
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Property 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.
Full Property Details
Full Property Details for 1840 Rees Hill Rd #21
General
- Price: $299,900
- HOA FEE: $495/month
- Taxes: $3,982 (2025)
- Status: Active
- Type: Condo
- Source: RWMLS
- MLS ID: 212156194
- Updated: 4/28/2026
- Added to Site: 47 day(s) ago
Interior
- Interior Features: Engineered Hardwood, High Speed Internet, Laundry, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer
- Appliances: Cooktop, Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Microwave, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Main
Exterior
- Exterior Features: Covered Patio, Patio
Parking
- Garage: Yes
- Total Spaces: 1
Location
- County: Marion
- Driving Directions: Commercial to Fairway to Rees Hill
School Information
- Elementary School: Liberty
- Middle School: Judson
- High School: Sprague
Community
- Community Name: 172 - Marion Co: South Salem
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional
- Roof: Composition
- Windows: Double Pane Windows
- Stories/Levels: 1
- Square Feet: 1,359
- Year Built: 1989
- Property Condition: Resale
Lot Features
- Frontage: Paved
- Lot Features: Trees
Water Features
- Water Front: Yes
- Water Front Desc.: Lake
- Lake Front: Yes
Financial Considerations
- Association Fee: $495
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,982.77
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: CINNAMON LAKES CONDOMINIUM UNIT 21-U
- Disclosures/Reports: Disclosure
- Property ID: 569824
Listed by Modern Realty (971) 340-6636, Peter Cutile (360) 213-6787
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Schools
Schools serving 1840 Rees Hill Rd #21
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Battle Creek Elementary School 1640 Waln Drive Southeast, Salem, OR 97306 | K-5 | 0.6 mi |
Judson Middle School 4512 Jones Road Southeast, Salem, OR 97302 | 6-8 | 2.5 mi |
Sprague High School, Salem, OR 2373 Kuebler Boulevard, Salem, OR 97302 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1840 Rees Hill Rd #21
Date
Details
Price
Change
Source
4/16/2026
Listed
$299,900
47.01%
MLS
2/14/2019
Sold
$204,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1840 Rees Hill Rd #21
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,696
—
$193,860
3%
2024
$3,696
3%
$188,220
3%
2023
$3,587
6%
$182,740
6%
2021
$3,387
-3%
$172,260
-3%
2022
$3,486
6%
$177,420
6%
2020
$3,288
7%
$167,250
3%
2019
$3,077
-2%
$162,380
3%
2018
$3,132
11%
$157,660
3%
2017
$2,827
8%
$153,070
3%
2016
$2,607
1%
$148,170
5%
2015
$2,574
2%
$140,920
1%
2014
$2,521
-1%
$139,640
—
2013
$2,549
—
$139,640
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1840 Rees Hill Rd #21
1840 Rees Hill Rd #21, Salem, OR 97306 (MLS# 212156194) is a Condo property with 2 bedrooms and 2 full bathrooms. 1840 Rees Hill Rd #21 is currently listed for $299,900 and was received on April 16, 2026. Want to learn more about 1840 Rees Hill Rd #21? Do you have questions about finding other Condo real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

