$445,000
SOLD JUN 15, 2023

5863 Cobalt Loop SE Salem, OR 97306

South Gateway Neighborhood
3 Beds
2 Baths
1,480 Sq Ft
7,568 Sq Ft Lot

Recently Sold

$301 Per Sq Ft

5% Above List Price

2 Days on Market

Highlights

  • Territorial View
  • Covered Patio or Porch
  • Fenced Yard
  • Wood Flooring
  • First Floor Utility Room
  • 2 Car Attached Garage

About This Home

As of June 2023

Welcome Home! There is so much to love about this beautiful and well cared for home on a Loop in desirable S. Salem neighborhood. Light and open w/ so many updates including furnace, AC, water heater & carpet 2019, bathroom updates 2022, Dual Fuel Range, new fixtures, front door and too many others to list! Hickory floors are warm and inviting. Enjoy the privacy of the large backyard & covered patio for entertaining and relaxing. New W/D. Roof is less then 10 years old.

Last Agent to Sell the Property

CHARLOTTE EUGENIO

REALTY ONE GROUP WILLAMETTE VALLEY License #201236213 Listed on: 04/18/2023

REALTY ONE GROUP WILLAMETTE VALLEY

Last Buyer's Agent

BRIANNA CLARK

BRIGHTHOME REAL ESTATE GROUP License #201241608

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,018

Year Built

  • Built in 1993

Lot Details

  • 7,568 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Sprinkler System
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room
  • Territorial Views
  • Security System Owned

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Exclusions: Potted plants
  • Tax Lot 115

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,018

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Gas, Microwave Included, Range Included
  • Syndicated Remarks: Welcome Home! There is so much to love about this beautiful and well cared for home on a Loop in desirable S. Salem neighborhood. Light and open w/ so many updates including furnace, AC, water heater & carpet 2019, bathroom updates 2022, Dual Fuel Range, new fixtures, front door and too many others to list! Hickory floors are warm and inviting. Enjoy the privacy of the large backyard & covered patio for entertaining and relaxing. New W/D. Roof is less then 10 years old.
  • Cross Street: Mildred Ln
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Potted plants
  • Negotiable Inclusions: Refrigerator W/D, Ring doorbell
  • Flooring: Carpet, Wood, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12.4x14.9, On Level: 1/Main
  • Bedroom 2: Dimensions: 9.10x11, On Level: 1/Main
  • Bedroom 3: Dimensions: 9.7x11, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 13.11x12.0, On Level: 1/Main
  • Family Room: Dimensions: 12.11x13.5, On Level: 1/Main
  • Living Room: Dimensions: 12.11x12.10, On Level: 1/Main
  • Kitchen: Dimensions: 10.10x7.1, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 300.68
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 287.16

Exterior Features

  • Patio: Covered Patio, Patio
  • Exterior Color: Tan
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • Elementary School: Battlecreek
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7568
  • Lot: 115
  • Lot Type: Irregular
  • Price Per Acre: 2500000
  • Underground Sprinklers: Refer To Remarks, Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2022
  • Tax Account Number: 594364
  • Tax Amount: 4018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jun 12, 2023
Sold by
Annese Revocable Living Trust
Bought by
Urrutia Garrett and Urrutia Kara
Seller's Agent
CHARLOTTE EUGENIO
REALTY ONE GROUP WILLAMETTE VALLEY
Buyer's Agent
BRIANNA CLARK
BRIGHTHOME REAL ESTATE GROUP
List Price
$425,000
Sold Price
$445,000
Premium/Discount to List
$20,000
4.71%
Views
22
Current Estimated Value
$448,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,039
Avg. Annual Appreciation
0.52%
Original Mortgage
$436,939
Outstanding Balance
$427,547
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$22,766

Purchase Details

Closed on
May 31, 2019
Sold by
Annese Kathleen A
Bought by
The Annese Revocable Living Trust

Purchase Details

Listed on
Oct 25, 2018
Closed on
Nov 29, 2018
Sold by
Smith Shaun A and Smith Kristy E
Bought by
Annese Kathleen A
Seller's Agent
Hector Garcia
JOHN L. SCOTT-SALEM
Buyer's Agent
Gladys Blum
BLUM REAL ESTATE
List Price
$289,900
Sold Price
$295,000
Premium/Discount to List
$5,100
1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$195,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2001
Sold by
Jen James and Jen Elee
Bought by
Smith Shaun A and Smith Kristy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,006
Interest Rate
6.98%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $445,000 Amerititle
Interfamily Deed Transfer -- None Available
Warranty Deed $292,000 Ticor Title
Warranty Deed $129,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $436,939 Construction
Previous Owner $195,000 New Conventional
Previous Owner $127,006 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $445,000 +4.7% $301 / Sq Ft
04/20/2023 04/20/23 For Sale $425,000 +44.1% $287 / Sq Ft
11/28/2018 11/28/18 Sold $295,000 +1.8% $199 / Sq Ft
10/25/2018 10/25/18 For Sale $289,900 -- $196 / 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 $4,260 $216,960 -- --
2023 $4,134 $210,650 $0 $0
2022 $3,898 $204,520 $0 $0
2021 $3,787 $198,570 $0 $0
2020 $3,677 $192,790 $0 $0
2019 $3,657 $187,180 $0 $0
2018 $3,610 $0 $0 $0
2017 $3,258 $0 $0 $0
2016 $3,104 $0 $0 $0
2015 $3,127 $0 $0 $0
2014 $3,026 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • CHARLOTTE EUGENIO

    Seller's Agent in 2023

    CHARLOTTE EUGENIO

    REALTY ONE GROUP WILLAMETTE VALLEY

    (503) 789-9668

    2 in this area

    35 Total Sales

    CHARLOTTE EUGENIO
    Section Image

  • B

    Buyer's Agent in 2023

    BRIANNA CLARK

    BRIGHTHOME REAL ESTATE GROUP

    (503) 910-8418

    3 in this area

    26 Total Sales

    BRIANNA CLARK
    Section Image
  • Hector Garcia

    Seller's Agent in 2018

    Hector Garcia

    JOHN L. SCOTT-SALEM

    (503) 931-8501

    7 in this area

    102 Total Sales

    Hector Garcia
    Section Image
  • Gladys Blum

    Buyer's Agent in 2018

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    113 in this area

    741 Total Sales

    Gladys Blum
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 803897

Willamette Valley MLS

APN: 594364

Oregon Marion County Salem 97306 South Gateway

5863 Cobalt Loop SE, Salem, OR

This home is located at 5863 Cobalt Loop SE, Salem, OR 97306 and is currently priced at $445,000, approximately $300 per square foot. This property was built in 1993. 5863 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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