NOT LISTED FOR SALE

5877 Cobalt Loop SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $438,000 - $464,000

3 Beds
2 Baths
1,642 Sq Ft
$274/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $299,000 $182 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,737/month

7 Days on Market

Highlights

  • Family Room with Fireplace
  • Fenced Yard
  • Patio
  • Territorial View
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of February 2020

Fantastic Home in Great South Salem neighborhood. formal dining room opens to architecturally graced LR w/accent lighting. Spacious kitchen w/tile floors and counters opening up to FR w/gas fireplace. Double doors lead to MB w/walk-in closet.

Last Agent to Sell the Property

HOPE ROGERS

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #200003174 Listed on: 01/28/2020

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Trevor Scharer

TRADITION REAL ESTATE PARTNERS License #201107050

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,820

Year Built

  • Built in 1992

Lot Details

  • 5,782 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Board and Batten Siding
  • Lap Siding

Interior Spaces

  • 1,642 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Exclusions: Fridge in kitchen, curtains in bedrooms
  • Tax Lot 112

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,820

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Fantastic Home in Great South Salem neighborhood. formal dining room opens to architecturally graced LR w/accent lighting. Spacious kitchen w/tile floors and counters opening up to FR w/gas fireplace. Double doors lead to MB w/walk-in closet.
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Fridge in kitchen, curtains in bedrooms
  • Fireplace: Family Room, Gas
  • Negotiable Inclusions: washer, dryer, window coverings
  • Flooring: Carpet, 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: Patio
  • Exterior Color: Beige
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Composite
  • Siding Style: Board & Batt, Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.13
  • Estimated Lot Sq Ft: 5782
  • Lot: 112
  • Lot Type: Dimension Above
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R94361
  • Tax Years: 2019
  • Tax Amount: 3820

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Feb 20, 2020
Sold by
Hermens Benjamin J and Hermens Sheena L
Bought by
West Family Homes Llc
Seller's Agent
HOPE ROGERS
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Trevor Scharer
TRADITION REAL ESTATE PARTNERS
List Price
$314,900
Sold Price
$299,000
Premium/Discount to List
-$15,900
-5.05%
Current Estimated Value
$449,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,417
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
Jun 14, 2007
Sold by
Seideman Molly and Greer Joel L
Bought by
Hermens Benjamin J and Hermens Sheena L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2005
Sold by
Tingle Randall N and Tingle Jennifer M
Bought by
Seideman Molly and Greer Joel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,720
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2003
Sold by
Cook Daniel L and Cook Martha Salinas
Bought by
Tingle Randall N and Tingle Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
West Family Homes Llc $299,000 Fidelity Natl Ttl Co Of Or
Hermens Benjamin J $246,800 First American
Seideman Molly $195,900 Amerititle
Tingle Randall N $164,500 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hermens Benjamin J $183,750
Previous Owner Seideman Molly $156,720
Previous Owner Tingle Randall N $148,000
Closed Seideman Molly $39,180
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $299,000 -5.1% $182 / Sq Ft
01/31/2020 01/31/20 Price Changed $314,999 0.0% $192 / Sq Ft
01/28/2020 01/28/20 For Sale $314,900 -- $192 / 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 $4,451 $233,490 -- --
2024 $4,451 $226,690 -- --
2023 $4,320 $220,090 $0 $0
2022 $4,073 $213,680 $0 $0
2021 $3,956 $207,460 $0 $0
2020 $3,841 $201,420 $0 $0
2019 $3,821 $195,560 $0 $0
2018 $3,772 $0 $0 $0
2017 $3,404 $0 $0 $0
2016 $3,243 $0 $0 $0
2015 $3,267 $0 $0 $0
2014 $3,162 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • HOPE ROGERS

    Seller's Agent in 2020

    HOPE ROGERS

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 551-5287

    13 Total Sales

    HOPE ROGERS
    Section Image
  • Trevor Scharer

    Buyer's Agent in 2020

    Trevor Scharer

    TRADITION REAL ESTATE PARTNERS

    (503) 881-3455

    14 in this area

    147 Total Sales

    Trevor Scharer
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 759625

Willamette Valley MLS

APN: 594361

Oregon Marion County Salem 97306 South Gateway

5877 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

Nearby Homes