5816 Cobalt Loop SE Salem, OR 97306
South Gateway NeighborhoodEstimated Value: $420,000 - $483,000
3
Beds
2
Baths
1,623
Sq Ft
$275/Sq Ft
Est. Value
About This Home
This home is located at 5816 Cobalt Loop SE, Salem, OR 97306 and is currently estimated at $446,339, approximately $275 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
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
Outstanding Balance
$149,858
Interest Rate
6.42%
Mortgage Type
FHA
Estimated Equity
$296,481
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $229,237 | |
| Previous Owner | Lmc Properties Llc | $2,000,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $4,591 | $240,830 | -- | -- |
| 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
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