NOT LISTED FOR SALE

5847 Cobalt Loop SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $440,000 - $474,000

3 Beds
2 Baths
1,611 Sq Ft
$281/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $435,000 $270 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,772/month

7 Days on Market

Highlights

  • Deck
  • Breakfast Area or Nook
  • Fenced Yard
  • Family Room with Fireplace
  • First Floor Utility Room
  • 2 Car Attached Garage

About This Home

As of June 2022

Single level South Salem home with many updates! New kitchen floors April 2022, granite countertops in kitchen and bathrooms & laminate floors throughout! Formal living/dining rooms, large open kitchen with pantry and breakfast nook. Family room has vaulted ceilings and gas fireplace. Spacious master suite with walk in closet, dual vanities & skylight. Private cedar fence in backyard with upgraded Trex deck installed Oct. 2021. Double car garage with attic access for storage & extra kitchen setup in garage.

Last Agent to Sell the Property

Chun Truong

HOMESMART REALTY GROUP License #199911024 Listed on: 04/29/2022

HOMESMART REALTY GROUP

Last Buyer's Agent

Stephanie Gutierrez

KELLER WILLIAMS REALTY -ALBANY License #201216823

KELLER WILLIAMS REALTY -ALBANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,218

Year Built

  • Built in 1993

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,611 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • First Floor Utility Room

Kitchen

  • Breakfast Area or Nook
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 118 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,218

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Range Included
  • Syndicated Remarks: Single level South Salem home with many updates! New kitchen floors April 2022, granite countertops in kitchen and bathrooms & laminate floors throughout! Formal living/dining rooms, large open kitchen with pantry and breakfast nook. Family room has vaulted ceilings and gas fireplace. Spacious master suite with walk in closet, dual vanities & skylight. Private cedar fence in backyard with upgraded Trex deck installed Oct. 2021. Double car garage with attic access for storage & extra kitchen setup in garage.
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Gas
  • Negotiable Inclusions: Refrigerator
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 14 x 13, On Level: 1/Main
  • Bedroom 2: Dimensions: 11 x 12, On Level: 1/Main
  • Bedroom 3: Dimensions: 11 x 12, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 11 x 12, On Level: 1/Main
  • Family Room: Dimensions: 15 x 15, On Level: 1/Main
  • Living Room: Dimensions: 13 x 12, On Level: 1/Main
  • Kitchen: Dimensions: 17 x 11, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Deck
  • Exterior Color: Tan
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.14
  • Estimated Lot Sq Ft: 6098
  • Lot: 118
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2021
  • Tax Amount: 4218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2012
Closed on
Jan 23, 2013
Sold by
Petreaca Pavel and Petreaca Steliana
Bought by
Myers Susan
Seller's Agent
Jill Woods
KELLER WILLIAMS CAPITAL CITY
List Price
$184,900
Sold Price
$179,900
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$453,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,517
Avg. Annual Appreciation
7.45%
Original Mortgage
$176,638
Outstanding Balance
$121,861
Interest Rate
3.28%
Mortgage Type
FHA
Estimated Equity
$331,556

Purchase Details

Closed on
Feb 21, 2008
Sold by
Ionita Lavinia and Petreaca Horatiu
Bought by
Petreaca Pavel and Petreaca Steliana

Purchase Details

Closed on
Jan 23, 2007
Sold by
Montgomery John W and Montgomery Rebecca S
Bought by
Petreaca Pavel and Petreaca Steliana
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Myers Susan $179,900 Fidelity Natl Title Co Of Or
Petreaca Pavel -- Fatco
Petreaca Pavel $235,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Susan $176,638
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2022 06/09/22 Sold $435,000 +1.2% $270 / Sq Ft
05/02/2022 05/02/22 For Sale $429,900 +139.0% $267 / Sq Ft
01/24/2013 01/24/13 Sold $179,900 -2.7% $112 / Sq Ft View Prior Sale
01/02/2013 01/02/13 Pending -- -- --
04/25/2012 04/25/12 For Sale $184,900 -- $115 / 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
2025 $4,602 $241,440 -- --
2024 $4,602 $234,410 -- --
2023 $4,467 $227,590 $0 $0
2022 $4,212 $220,970 $0 $0
2021 $4,092 $214,540 $0 $0
2020 $4,095 $208,300 $0 $0
2019 $3,833 $202,240 $0 $0
2018 $3,901 $0 $0 $0
2017 $3,521 $0 $0 $0
2016 $3,353 $0 $0 $0
2015 $3,379 $0 $0 $0
2014 $3,270 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chun Truong

    Seller's Agent in 2022

    Chun Truong

    HOMESMART REALTY GROUP

    (503) 851-3167

    19 in this area

    190 Total Sales

    Chun Truong
    Section Image
  • Stephanie Gutierrez

    Buyer's Agent in 2022

    Stephanie Gutierrez

    KELLER WILLIAMS REALTY -ALBANY

    (541) 223-8131

    1 in this area

    35 Total Sales

    Stephanie Gutierrez
    Section Image
  • Jill Woods

    Seller's Agent in 2013

    Jill Woods

    KELLER WILLIAMS CAPITAL CITY

    (503) 881-9837

    2 in this area

    28 Total Sales

    Jill Woods
    Section Image

  • R

    Seller Co-Listing Agent in 2013

    Rob Woods

    KELLER WILLIAMS CAPITAL CITY

See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 791857

Willamette Valley MLS

APN: 594367

Oregon Marion County Salem 97306 South Gateway

5847 Cobalt Loop SE, Salem, OR

Not Listed for Sale

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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