Michael Schmidt
Silverton Realty, Inc.
(971) 273-2883
73 Total Sales
1 in South Gateway
$449,000 Price
5857 Cobalt Loop SE Salem, OR 97306
South Gateway NeighborhoodEstimated Value: $520,000 - $529,000
4
Beds
2
Baths
2,269
Sq Ft
$231/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Loft
- Cul-De-Sac
- Main Floor Bedroom
- Fenced Yard
- 2 Car Attached Garage
About This Home
As of September 2014This home is located at 5857 Cobalt Loop SE, Salem, OR 97306 since 21 May 2014 and is currently estimated at $523,987, approximately $230 per square foot. This property was built in 1994. 5857 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.
Last Agent to Sell the Property
THE SALEM REAL ESTATE GROUP License #890200088 Listed on: 05/21/2014
Last Buyer's Agent
BROOKE ANDERSON
TOMSON BURNHAM, LLC License #201209224
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,676
Year Built
- Built in 1994
Lot Details
- 8,397 Sq Ft Lot
- Lot Dimensions are 40x131x141x93
- Cul-De-Sac
- Fenced Yard
- Landscaped
- Property is zoned RS
Parking
- 2 Car Attached Garage
Home Design
- Composition Roof
- Wood Siding
- Lap Siding
Interior Spaces
- 2,269 Sq Ft Home
- 2-Story Property
- Loft
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Outdoor Features
- Patio
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Legal Lot and Block 116 / 1
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
May 21, 2014
Closed on
Sep 22, 2014
Sold by
Olson Matthew and Olson Erin
Bought by
Seller's Agent
Dewey Whitton
THE SALEM REAL ESTATE GROUP
Buyer's Agent
BROOKE ANDERSON
TOMSON BURNHAM, LLC
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,987
Avg. Annual Appreciation
6.95%
Original Mortgage
$155,000
Outstanding Balance
$115,347
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$408,640
Purchase Details
Closed on
May 1, 2007
Sold by
Mcrae Jay D and Mcrae Mary K
Bought by
Olson Matthew and Olson Erin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Gateway, OR
-
Michael Schmidt
-
TYESHA MCDOUGAL
TYESHA MCDOUGAL
HEART & SOUL REALTY
(971) 247-1861
3 Total Sales
1 in South Gateway
$494,500 Price
-
Steve Bolton
Steve Bolton
John L. Scott Salem
(888) 619-0869
101 Total Sales
10 in South Gateway
$385K - $650K Price Range
-
Nick Shivers
Nick Shivers
eXp Realty, LLC
(971) 232-4415
1,261 Total Sales
1 in South Gateway
$49,900 Price
-
Haibin Hayden
Haibin Hayden
Hybrid Real Estate
(541) 743-7109
44 Total Sales
1 in South Gateway
$657,000 Price
-
James Hauge
James Hauge
LEGACY REAL ESTATE
(971) 273-1730
111 Total Sales
7 in South Gateway
$495K - $805K Price Range
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 |
|---|---|---|---|
| $235,000 | First American | ||
| Olson Matthew | $261,000 | Fatco |
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 |
|---|---|---|---|
| Open | $155,000 | ||
| Previous Owner | Olson Matthew | $252,000 |
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 |
|---|---|---|---|---|
| 09/23/2014 09/23/14 | Sold | $235,000 | -6.0% | $104 / Sq Ft |
| 08/23/2014 08/23/14 | Pending | -- | -- | -- |
| 05/21/2014 05/21/14 | For Sale | $250,000 | -- | $110 / 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 | $5,473 | $287,120 | ||
| 2024 | $5,473 | $278,760 | ||
| 2023 | $5,312 | $270,650 | $0 | $0 |
| 2022 | $5,008 | $262,770 | $0 | $0 |
| 2021 | $4,865 | $255,120 | $0 | $0 |
| 2020 | $4,724 | $247,690 | $0 | $0 |
| 2019 | $4,557 | $240,480 | $0 | $0 |
| 2018 | $4,638 | $0 | $0 | $0 |
| 2017 | $4,186 | $0 | $0 | $0 |
| 2016 | $3,987 | $0 | $0 | $0 |
| 2015 | $4,017 | $0 | $0 | $0 |
| 2014 | $3,888 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dewey Whitton
Seller's Agent in 2014
Dewey Whitton
THE SALEM REAL ESTATE GROUP
(503) 949-3623
37 in this area
329 Total Sales
-
BA
Buyer's Agent in 2014
BROOKE ANDERSON
TOMSON BURNHAM, LLC
Map
Source: Willamette Valley MLS
MLS Number: 676981
APN: 594365
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.
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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