NOT LISTED FOR SALE

5876 Cobalt Loop SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $442,000 - $490,000

3 Beds
2.5 Baths
1,646 Sq Ft
$288/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2018

Last sale price $320,000 $194 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,913 / mo

1 Day on Market

Highlights

  • RV Access or Parking
  • Fenced Yard
  • Shed
  • Family Room with Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2018

Move In Ready home in a great neighborhood. Easy access to all of Salem. Lots of updates throughout the home. Come and visit this great house and check out the master bedroom featuring large bay windows with tons of natural light. The slab granite countertops in this home really set it apart from it's competition. Don't miss this opportunity!

Last Agent to Sell the Property

Heather Dando

HOMESMART REALTY GROUP License #201216002 Listed on: 08/09/2018

HOMESMART REALTY GROUP

Last Buyer's Agent

HECTOR MACIEL

JOHN L. SCOTT-SALEM License #201214959

JOHN L. SCOTT-SALEM

Range of Values:

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

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,660

Year Built

  • Built in 1993

Lot Details

  • 5,782 Sq Ft Lot
  • Fenced Yard
  • Sprinkler System

Home Design

  • Composition Roof

Interior Spaces

  • 1,646 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 121

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,660

Year Built

Built in 1993

Lot Details

5,782 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Move In Ready home in a great neighborhood. Easy access to all of Salem. Lots of updates throughout the home. Come and visit this great house and check out the master bedroom featuring large bay windows with tons of natural light. The slab granite countertops in this home really set it apart from it's competition. Don't miss this opportunity!
  • Cross Street: Mildred
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room
  • Negotiable Inclusions: Refrigerator(s), Washer and Dryer all Negotiable.
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Source Of Sq Ft: County

Exterior Features

  • Exterior Color: Yellow
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Fiber Cement

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.13
  • Estimated Lot Sq Ft: 5782
  • Lot: 121
  • Rv Amenities: Area/Room For, Pad
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Amount: 3660

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
Aug 9, 2018
Closed on
Sep 12, 2018
Sold by
Gibson Wendy S
Bought by
Seller's Agent
Heather Dando
HOMESMART REALTY GROUP
Buyer's Agent
HECTOR MACIEL
JOHN L. SCOTT-SALEM
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$473,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,707
Avg. Annual Appreciation
5.05%
Original Mortgage
$304,000
Outstanding Balance
$260,176
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$213,531

Purchase Details

Listed on
Jun 1, 2015
Closed on
Sep 22, 2015
Sold by
Nyls Kelly and Leary Michele O
Bought by
Gibson Wendy S
Seller's Agent
Dewey Whitton
THE SALEM REAL ESTATE GROUP
Buyer's Agent
LINDA TIPTON
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$250,000
Sold Price
$236,000
Premium/Discount to List
-$14,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$231,725
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2004
Sold by
Deshon Adam A
Bought by
Nyls Kelly and Oleary Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.25%
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

  • Matt Mahoney Real Estate Agent - HOMESTAR BROKERS

    Matt Mahoney

    HOMESTAR BROKERS

    (877) 764-5148

    153 Total Sales

    10 in South Gateway

    $160K - $683K Price Range

    Matt Mahoney
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  • MOLLY EDWARDS Real Estate Agent - HOMESMART REALTY GROUP

    MOLLY EDWARDS

    HOMESMART REALTY GROUP

    (503) 832-4013

    146 Total Sales

    16 in South Gateway

    $28K - $670K Price Range

    MOLLY EDWARDS
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  • Crystal Qian Hu Real Estate Agent - EXP REALTY, LLC

    Crystal Qian Hu

    EXP REALTY, LLC

    (971) 273-5624

    120 Total Sales

    8 in South Gateway

    $240K - $642K Price Range

    Crystal Qian Hu
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  • Timothy English Real Estate Agent - KELLER WILLIAMS CAPITAL CITY - DALLAS

    Timothy English

    KELLER WILLIAMS CAPITAL CITY - DALLAS

    (360) 803-4794

    94 Total Sales

    1 in South Gateway

    $350,000 Price

    Timothy English
     Section Image
  • Jenny Morrow Real Estate Agent - COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    Jenny Morrow

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (877) 526-0871

    79 Total Sales

    7 in South Gateway

    $238K - $695K Price Range

    Jenny Morrow
     Section Image
  • Lorenzo Flores Real Estate Agent - REALTY OF AMERICA, LLC

    Lorenzo Flores

    REALTY OF AMERICA, LLC

    (971) 318-6351

    202 Total Sales

    2 in South Gateway

    $40K - $65K Price Range

    Lorenzo Flores
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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
$320,000 Ticor Title
Gibson Wendy S $236,000 First American
Nyls Kelly $175,000 Lawyers Title Ins
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 $304,000
Previous Owner Gibson Wendy S $231,725
Previous Owner Nyls Kelly $140,000
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 Prior Sale
09/14/2018 09/14/18 Sold $320,000 0.0% $194 / Sq Ft
08/09/2018 08/09/18 For Sale $320,000 +35.6% $194 / Sq Ft
09/22/2015 09/22/15 Sold $236,000 -5.6% $143 / Sq Ft View Prior Sale
08/12/2015 08/12/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $250,000 -- $152 / 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 $4,785 $251,030
2024 $4,785 $243,720
2023 $4,644 $236,630 $0 $0
2022 $4,379 $229,740 $0 $0
2021 $4,254 $223,050 $0 $0
2020 $4,130 $216,560 $0 $0
2019 $3,985 $210,260 $0 $0
2018 $4,055 $0 $0 $0
2017 $3,660 $0 $0 $0
2016 $3,486 $0 $0 $0
2015 $3,513 $0 $0 $0
2014 $3,399 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • HD

    Seller's Agent in 2018

    Heather Dando

    HOMESMART REALTY GROUP

    Section Image
  • HECTOR MACIEL Real Estate Agent - JOHN L. SCOTT-SALEM

    Buyer's Agent in 2018

    HECTOR MACIEL

    JOHN L. SCOTT-SALEM

    (503) 999-1821

    1 in this area

    59 Total Sales

    HECTOR MACIEL
    Section Image
  • Dewey Whitton Real Estate Agent - THE SALEM REAL ESTATE GROUP

    Seller's Agent in 2015

    Dewey Whitton

    THE SALEM REAL ESTATE GROUP

    (503) 949-3623

    37 in this area

    329 Total Sales

    Dewey Whitton
    Section Image
  • LINDA TIPTON Real Estate Agent - BHHS Oregon- Professionals

    Buyer's Agent in 2015

    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: 737632

Willamette Valley MLS

APN: 594370

Oregon Marion County Salem 97306 South Gateway

5876 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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