NOT LISTED FOR SALE

5882 Cobalt Loop SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $454,000 - $499,000

3 Beds
2.5 Baths
1,894 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 01, 2013

Last sale price $203,000 $107 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,991/month

1 Day on Market

Highlights

  • Family Room with Fireplace
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Covered Patio or Porch
  • Fenced Yard
  • Tile Flooring

About This Home

As of August 2013

Desirable location South Salem, in Sprague school district. This home has what a buyer is looking for: Great Location, value, features and updates. Good feel throughout with newer paint inside and out. Updated bathrooms. Nice flow from living room, dining, kitchen, nook and family room. Laminate flooring and cozy FP in family room. 3 large bedrooms up. Lrg master with walk in closet. Newer exterior paint, new roof 4/13, new back porch. Good size fully fenced yard. Gas FA and AC.

Last Agent to Sell the Property

Patti Williamson

WINDERMERE HERITAGE License #990100103 Listed on: 06/24/2013

WINDERMERE HERITAGE

Last Buyer's Agent

Kevin Nunn

TRADITION REAL ESTATE PARTNERS License #201207110

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,319

Year Built

  • Built in 1993

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,894 Sq Ft Home
  • Family Room with Fireplace
  • First Floor Utility Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

  • Sunstone Phase 2 Subdivision

Listing and Financial Details

  • Tax Lot 122

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,319

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Warranty: Negotiable
  • Range Facility: Gas
  • Syndicated Remarks: Desirable location South Salem, in Sprague school district. This home has what a buyer is looking for: Great Location, value, features and updates. Good feel throughout with newer paint inside and out. Updated bathrooms. Nice flow from living room, dining, kitchen, nook and family room. Laminate flooring and cozy FP in family room. 3 large bedrooms up. Lrg master with walk in closet. Newer exterior paint, new roof 4/13, new back porch. Good size fully fenced yard. Gas FA and AC.
  • Cross Street: Mildred
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: .5
  • Bedrooms: 3
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 107.18
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 105.07

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: Blue
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

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

Lot Info

  • Acres: 0.14
  • Estimated Lot Sq Ft: 6098
  • Lot: 122
  • Lot Type: Dimension Above
  • Price Per Acre: 1421428.57
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2012
  • Tax Account Number: R94371
  • Tax Amount: 3319

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2013
Closed on
Jul 23, 2013
Sold by
Farwell David Ryan and Farwell Christina Marie
Bought by
Stillwell Ryan and Stiwell Staci
Seller's Agent
Patti Williamson
WINDERMERE HERITAGE
Buyer's Agent
Kevin Nunn
TRADITION REAL ESTATE PARTNERS
List Price
$199,000
Sold Price
$203,000
Premium/Discount to List
$4,000
2.01%
Current Estimated Value
$485,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,176
Avg. Annual Appreciation
7.23%
Original Mortgage
$186,883
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2003
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Farwell David Ryan and Farwell Christina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,700
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2003
Sold by
Tandy Richard L and Tandy Teresa L
Bought by
Federal Home Loan Mortgage Corporation
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 Buyer Sale Price Title Company
Stillwell Ryan $203,000 Fidelity Natl Title Co Of Or
Farwell David Ryan $166,000 First American
Federal Home Loan Mortgage Corporation $167,353 Fat
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stillwell Ryan $186,883
Previous Owner Farwell David Ryan $157,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2013 08/01/13 Sold $203,000 +2.0% $107 / Sq Ft
06/25/2013 06/25/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $199,000 -- $105 / 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 $5,023 $255,830 -- --
2023 $4,875 $248,380 $0 $0
2022 $4,596 $241,150 $0 $0
2021 $4,465 $234,130 $0 $0
2020 $4,335 $227,320 $0 $0
2019 $4,183 $220,700 $0 $0
2018 $4,257 $0 $0 $0
2017 $3,842 $0 $0 $0
2016 $3,659 $0 $0 $0
2015 $3,687 $0 $0 $0
2014 $3,568 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patti Williamson

    Seller's Agent in 2013

    Patti Williamson

    WINDERMERE HERITAGE

    (503) 932-1267

    21 in this area

    79 Total Sales

    Patti Williamson
    Section Image
  • Kevin Nunn

    Buyer's Agent in 2013

    Kevin Nunn

    TRADITION REAL ESTATE PARTNERS

    (503) 409-9222

    21 in this area

    179 Total Sales

    Kevin Nunn
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 665812

Willamette Valley MLS

APN: 594371

Oregon Marion County Salem 97306 South Gateway

5882 Cobalt Loop SE, Salem, OR

This home is located at 5882 Cobalt Loop SE, Salem, OR 97306 since 24 June 2013 and is currently estimated at $485,176, approximately $256 per square foot. This property was built in 1993. 5882 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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