NOT LISTED FOR SALE

5806 Cobalt Loop SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $408,000 - $454,000

3 Beds
2 Baths
1,527 Sq Ft
$280/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $325,000 $213 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,620/month

8 Days on Market

Highlights

  • Family Room with Fireplace
  • 2 Car Attached Garage
  • 1-Story Property
  • Fenced Yard
  • Patio
  • Landscaped

About This Home

As of November 2021

Great home located in a desirable S. Salem neighborhood. This home has an open floor plan with good size bedrooms, low maintenance landscaping, fireplace, newer roof, garage door, AC, gas furnace and extra storage space in the attic. Easy I-5 access. Must See.

Last Agent to Sell the Property

MARGARET ROCKWELL

EXP REALTY, LLC License #201212854 Listed on: 09/24/2021

EXP REALTY, LLC

Last Buyer's Agent

Linda Clemente

HOMESMART REALTY GROUP License #201217160

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,084

Year Built

  • Built in 1992

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,527 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 38

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,084

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Great home located in a desirable S. Salem neighborhood. This home has an open floor plan with good size bedrooms, low maintenance landscaping, fireplace, newer roof, garage door, AC, gas furnace and extra storage space in the attic. Easy I-5 access. Must See.
  • Cross Street: Mildred & Sunneyview
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Wood
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Exterior Color: Creme
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Lot Info

  • Acres: 0.13
  • Estimated Lot Sq Ft: 5663
  • Flood Plain: Unknown
  • Lot: 38
  • Lot Type: Irregular
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2020
  • Tax Amount: 4084

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Nov 20, 2021
Sold by
Westerman Kristin and Laura A Line Trust
Bought by
Garcia Arnuifo Martinez and Martinez Lorena
Seller's Agent
MARGARET ROCKWELL
EXP REALTY, LLC
Buyer's Agent
Linda Clemente
HOMESMART REALTY GROUP
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Current Estimated Value
$427,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,337
Avg. Annual Appreciation
7.23%
Original Mortgage
$260,000
Outstanding Balance
$238,443
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$188,894

Purchase Details

Closed on
Mar 27, 2006
Sold by
Line Laurie and Line Laura A
Bought by
Line Laura A and Laura A Line Trust

Purchase Details

Closed on
Aug 10, 2005
Sold by
Kidd Orin R and Kidd Rosalia
Bought by
Line Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2003
Sold by
Trotter Warren and Trotter Charlie
Bought by
Kidd Orin R and Kidd Rosalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Garcia Arnuifo Martinez $325,000 Fidelity National Title
Line Laura A -- None Available
Line Laurie $182,500 Lawyers Title Ins
Kidd Orin R $143,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Arnuifo Martinez $260,000
Previous Owner Line Laurie $146,000
Previous Owner Kidd Orin R $143,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $325,000 -3.0% $213 / Sq Ft
09/24/2021 09/24/21 For Sale $335,000 -- $219 / 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 $4,591 $233,820 -- --
2023 $4,456 $227,010 $0 $0
2022 $4,201 $220,400 $0 $0
2021 $4,081 $213,990 $0 $0
2020 $4,085 $207,760 $0 $0
2019 $3,823 $201,710 $0 $0
2018 $3,890 $0 $0 $0
2017 $3,511 $0 $0 $0
2016 $3,345 $0 $0 $0
2015 $3,370 $0 $0 $0
2014 $3,261 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • MARGARET ROCKWELL

    Seller's Agent in 2021

    MARGARET ROCKWELL

    EXP REALTY, LLC

    1 in this area

    8 Total Sales

    MARGARET ROCKWELL
    Section Image
  • Linda Clemente

    Buyer's Agent in 2021

    Linda Clemente

    HOMESMART REALTY GROUP

    (503) 474-8106

    7 in this area

    141 Total Sales

    Linda Clemente
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 783503

Willamette Valley MLS

APN: 594287

Oregon Marion County Salem 97306 South Gateway

5806 Cobalt Loop SE, Salem, OR

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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