NOT LISTED FOR SALE

5816 Cobalt Loop SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $417,000 - $455,000

3 Beds
2 Baths
1,623 Sq Ft
$271/Sq Ft Est. Value

About This Home

This home is located at 5816 Cobalt Loop SE, Salem, OR 97306 and is currently estimated at $440,222, approximately $271 per square foot. 5816 Cobalt Loop SE is a home located in Marion County with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2008
Sold by
Lmc Properties Llc
Bought by
Medlock Michael E and Medlock Dynee K
Current Estimated Value
$440,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,237
Interest Rate
6.42%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2008
Sold by
Vonkemp Lori K
Bought by
Lmc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Medlock Michael E $232,500 Lawyers Title Ins
Lmc Properties Llc $161,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medlock Michael E $43,000
Closed Medlock Michael E $30,000
Open Medlock Michael E $225,810
Closed Medlock Michael E $228,524
Closed Medlock Michael E $232,674
Closed Medlock Michael E $229,237
Previous Owner Lmc Properties Llc $2,000,000
Previous Owner Vonvonkemp Lori Von $117,756
Previous Owner Vonkemp Lori K $101,939
Source: Public Records

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 $3,962 $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

Map

Oregon Marion County Salem 97306 South Gateway

5816 Cobalt Loop SE, Salem, OR

This home is located at 5816 Cobalt Loop SE, Salem, OR 97306 and is currently estimated at $440,222, approximately $271 per square foot. 5816 Cobalt Loop SE is a home located in Marion County with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague High School.

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