NOT LISTED FOR SALE

5826 Cobalt Loop SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $405,000 - $458,000

3 Beds
2 Baths
1,447 Sq Ft
$298/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2019

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

Est. 57% increase in value since last sale

Current estimated payment $2,735 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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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

6,534 Sq Ft Lot

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
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Source Of Sq Ft: County

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
  • Rv Amenities: Area/Room For
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2016
  • Tax Amount: 3237

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$430,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,641
Avg. Annual Appreciation
6.10%

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Gateway, OR

  • ZACH FISCHER Real Estate Agent - WINDERMERE HERITAGE

    ZACH FISCHER

    WINDERMERE HERITAGE

    (503) 461-5370

    58 Total Sales

    2 in South Gateway

    $542K - $547K Price Range

    ZACH FISCHER
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  • Kimberly Archuleta Real Estate Agent - JOHN L. SCOTT REAL ESTATE

    Kimberly Archuleta

    JOHN L. SCOTT REAL ESTATE

    (888) 625-2218

    76 Total Sales

    7 in South Gateway

    $68K - $545K Price Range

    Kimberly Archuleta
     Section Image
  • Savannah Waters Real Estate Agent - PARAMOUNT REAL ESTATE SERVICES

    Savannah Waters

    PARAMOUNT REAL ESTATE SERVICES

    (971) 272-8386

    82 Total Sales

    9 in South Gateway

    $343K - $659K Price Range

    Savannah Waters
     Section Image
  • Julie Rogers Real Estate Agent - COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    Julie Rogers

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (888) 613-0095

    67 Total Sales

    4 in South Gateway

    $364K - $520K Price Range

    Julie Rogers
     Section Image
  • Chun Truong Real Estate Agent - HOMESMART REALTY GROUP

    Chun Truong

    HOMESMART REALTY GROUP

    (971) 283-7419

    178 Total Sales

    17 in South Gateway

    $350K - $1.3M Price Range

    Chun Truong
     Section Image
  • Craig Evans Real Estate Agent - SMI REAL ESTATE

    Craig Evans

    SMI REAL ESTATE

    (971) 283-7064

    55 Total Sales

    5 in South Gateway

    $350K - $500K Price Range

    Craig Evans
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,443 $233,090
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

  • BF

    Seller's Agent in 2019

    BOB FRAZIER

    HOMESMART REALTY GROUP

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  • LINDA TIPTON Real Estate Agent - BHHS Oregon- Professionals

    Buyer's Agent in 2019

    LINDA TIPTON

    BHHS Oregon- Professionals

    (503) 559-5167

    20 in this area

    121 Total Sales

    LINDA TIPTON
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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

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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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