NOT LISTED FOR SALE

5826 Cobalt Loop SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $404,000 - $457,000

3 Beds
2 Baths
1,447 Sq Ft
$302/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $275,000 $190 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,686/month

45 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Fenced Yard
  • Family Room with Fireplace
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of January 2019

Convenient location South Salem. 3/2 Corner Lot. Clean and Neat, bright kitchen, fully fenced with room for RV. Wood fireplace with high ceiling. Large master, walk in closet. Garden beds also and newer shed. NEW ROOF! Shows really well! NO SHOES, BOOTIES PROVIDED!

Last Agent to Sell the Property

BOB FRAZIER

HOMESMART REALTY GROUP License #200512047 Listed on: 12/07/2018

HOMESMART REALTY GROUP

Last Buyer's Agent

LINDA TIPTON

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #911000064

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,237

Year Built

  • Built in 1992

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced Yard
  • Sprinkler System

Home Design

  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 1,447 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Territorial Views

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,237

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric, Gas, Built-In
  • Syndicated Remarks: Convenient location South Salem. 3/2 Corner Lot. Clean and Neat, bright kitchen, fully fenced with room for RV. Wood fireplace with high ceiling. Large master, walk in closet. Garden beds also and newer shed. NEW ROOF! Shows really well! NO SHOES, BOOTIES PROVIDED!
  • Cross Street: Mildred
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Wood
  • Negotiable Inclusions: Refrigerator
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 190.05
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 196.89

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Board & Batt
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.15
  • Estimated Lot Sq Ft: 6534
  • Lot: 42
  • Lot Type: Dimension Above
  • Price Per Acre: 1899333.33
  • Rv Amenities: Area/Room For
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2016
  • Tax Account Number: R94291
  • Tax Amount: 3237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2018
Closed on
Jan 30, 2019
Sold by
Walsh Theodore W and Walsh Jennifer A
Bought by
Low Kenneth G and Low Nancy E
Seller's Agent
BOB FRAZIER
HOMESMART REALTY GROUP
Buyer's Agent
LINDA TIPTON
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$284,900
Sold Price
$275,000
Premium/Discount to List
-$9,900
-3.47%
Current Estimated Value
$436,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,900
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
Jun 6, 2002
Sold by
Spady Corey W and Spady Shelley L
Bought by
Walsh Theodore W and Walsh Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,450
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2001
Sold by
Spady Russell M and Spady Sandra L
Bought by
Spady Corey W and Spady Shelley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2001
Sold by
Spady Russell M and Spady Sandra L
Bought by
Spady Corey W and Spady Shelley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Low Kenneth G $275,000 Ticor Title
Walsh Theodore W $151,000 Amerititle Inc
Spady Corey W $126,250 Key Title Company
Spady Corey W $126,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walsh Theodore W $143,450
Previous Owner Spady Corey W $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $275,000 -3.5% $190 / Sq Ft
12/07/2018 12/07/18 For Sale $284,900 -- $197 / 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 $4,443 $226,310 -- --
2023 $4,312 $219,720 $0 $0
2022 $4,066 $213,330 $0 $0
2021 $3,950 $207,120 $0 $0
2020 $3,835 $201,090 $0 $0
2019 $3,700 $195,240 $0 $0
2018 $3,766 $0 $0 $0
2017 $3,399 $0 $0 $0
2016 $3,237 $0 $0 $0
2015 $3,262 $0 $0 $0
2014 $3,156 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    BOB FRAZIER

    HOMESMART REALTY GROUP

    Section Image
  • LINDA TIPTON

    Buyer's Agent in 2019

    LINDA TIPTON

    BHHS Oregon- Professionals

    (503) 559-5167

    27 in this area

    144 Total Sales

    LINDA TIPTON
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 742480

Willamette Valley MLS

APN: 594291

Oregon Marion County Salem 97306 South Gateway

5826 Cobalt Loop SE, Salem, OR

This home is located at 5826 Cobalt Loop SE, Salem, OR 97306 since 07 December 2018 and is currently estimated at $436,900, approximately $301 per square foot. This property was built in 1992. 5826 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.

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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