NOT LISTED FOR SALE

5115 Cobb Ln S Salem, OR 97302

Salem Hills Neighborhood

Estimated Value: $694,681 - $706,000

2 Beds
2 Baths
1,872 Sq Ft
$374/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $595,000 $318 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,012/month

Highlights

  • RV Garage
  • Mountain View
  • Wood Burning Stove
  • 1.57 Acre Lot
  • Deck
  • Living Room with Fireplace

About This Home

As of October 2021

This home is located at 5115 Cobb Ln S, Salem, OR 97302 since 01 October 2021 and is currently estimated at $700,341, approximately $374 per square foot. This property was built in 1994. 5115 Cobb Ln S is a home located in Marion County with nearby schools including Schirle Elementary School, Crossler Middle School, and Sprague High School.

Last Agent to Sell the Property

Colleen Benson

KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP License #961200091 Listed on: 10/01/2021

KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP

Last Buyer's Agent

Colleen Benson

KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP License #961200091 Listed on: 10/01/2021

KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,953

Year Built

  • Built in 1994

Lot Details

  • 1.57 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Property is zoned AR

Property Views

  • Mountain
  • Territorial

Home Design

  • Tri-Level Property
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Built-In Range
  • Stove
  • Down Draft Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 1 Car Detached Garage
  • RV Garage

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Shop

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Exclusions: W/D, downstairs freezer, metal shelving
  • Tax Lot 11&12

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,953

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 3 Tri-Level
  • Dual Living: Possible
  • Range Facility: Built-In, Downdraft, Electric, Range Included
  • Cross Street: Ballyntyne Rd S
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Dishwasher: Yes
  • Exclusions: W/D, downstairs freezer, metal shelving
  • Fireplace: Living Room, Stove, Wood
  • Negotiable Inclusions: Fridge
  • Wood Burning Stove: Certified
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: Lower/Basement
  • Additional Room: On Level: 2/Upper
  • Basement: Daylight, Full, Finished
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 317.84
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 317.84

Exterior Features

  • Patio: Deck, Patio
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed, Separate Shop
  • Roof: Composition, Shingle
  • Siding: Vinyl
  • View: Mountain, Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Heat Pump
  • High Speed Comm Access: Available
  • Septic: Standard
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Schirle
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 1.57
  • Estimated Lot Sq Ft: 68389
  • Lot: 11&12
  • Lot Type: Cul-De-Sac
  • Price Per Acre: 378980.89
  • Rv Amenities: Area/Room For, Rv Garage
  • Zoning: AR
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2020
  • Tax Account Number: R46657
  • Tax Amount: 2953

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Oct 29, 2021
Sold by
Hollenbeck David Leroy and Hollenbeck Patricia A
Bought by
Butters Brian H
Seller's Agent
Colleen Benson
KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP
Buyer's Agent
Colleen Benson
KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP
List Price
$595,000
Sold Price
$595,000
Current Estimated Value
$700,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,341
Avg. Annual Appreciation
4.25%
Original Mortgage
$476,000
Outstanding Balance
$435,008
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$265,333

Purchase Details

Closed on
Nov 4, 2008
Sold by
Hollenbeck David Leroy
Bought by
Hollenbeck David Leroy and Hollenbeck Patricia A
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Butters Brian H -- Fidelity National Title
Hollenbeck David Leroy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butters Brian H $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $595,000 0.0% $318 / Sq Ft
10/01/2021 10/01/21 For Sale $595,000 -- $318 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,588 $282,720 -- --
2023 $3,502 $274,490 $0 $0
2022 $3,023 $243,140 $0 $0
2021 $2,944 $236,060 $0 $0
2020 $2,956 $229,190 $0 $0
2019 $2,981 $222,520 $0 $0
2018 $2,809 $0 $0 $0
2017 $2,461 $0 $0 $0
2016 $2,349 $0 $0 $0
2015 $2,414 $0 $0 $0
2014 $2,144 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Colleen Benson

    Seller's Agent in 2021

    Colleen Benson

    KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP

    (503) 830-9467

    13 in this area

    831 Total Sales

    Colleen Benson
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Map

Source: Willamette Valley MLS

MLS Number: 784346

Willamette Valley MLS

APN: 546657

Oregon Marion County Salem 97302 Salem Hills

5115 Cobb Ln S, Salem, OR

This home is located at 5115 Cobb Ln S, Salem, OR 97302 since 01 October 2021 and is currently estimated at $700,341, approximately $374 per square foot. This property was built in 1994. 5115 Cobb Ln S is a home located in Marion County with nearby schools including Schirle Elementary School, Crossler Middle School, and Sprague High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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