NOT LISTED FOR SALE

5893 Cobalt Loop SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $404,000 - $451,000

3 Beds
2 Baths
1,472 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $230,000 $156 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,632/month

5 Days on Market

Highlights

  • Covered Patio or Porch
  • Fenced Yard
  • Handicap Accessible
  • Breakfast Area or Nook
  • 2 Car Attached Garage
  • Shed

About This Home

As of August 2016

3-bed, 2-ba home on corner lot! Lg living rm w/ vaulted beamed ceiling features floor-to-ceiling windows. Spacious dining area w/ gas FP has multiple uses & french doors to take you to the covered patio in the fenced backyard. Kitchen has detailed granite counters w/ eat-in island & plentiful cabinet space. Newly-carpeted bedrooms w/ multipaned & arched windows in front. Master Suite features tray ceiling & attached bath. ADA wheelchair accessible, 220amp serv in garage, frnt sprinklers, wired for speakers.

Last Agent to Sell the Property

Dewey Whitton

THE SALEM REAL ESTATE GROUP License #890200088 Listed on: 06/23/2016

Last Buyer's Agent

Eric Beachy

EXP REALTY, LLC License #201215622

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,836

Year Built

  • Built in 1991

Lot Details

  • 6,382 Sq Ft Lot
  • Lot Dimensions are 98x66
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 1,472 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Exclusions: Refrigerator, Washer/Dryer, Freezer in Gar
  • Home warranty included in the sale of the property
  • Tax Lot 35

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,836

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Handicap Amenities: Yes (Refer To Remarks)
  • Home Warranty: Yes
  • Range Facility: Gas, Microwave Included, Range Included
  • Syndicated Remarks: 3-bed, 2-ba home on corner lot! Lg living rm w/ vaulted beamed ceiling features floor-to-ceiling windows. Spacious dining area w/ gas FP has multiple uses & french doors to take you to the covered patio in the fenced backyard. Kitchen has detailed granite counters w/ eat-in island & plentiful cabinet space. Newly-carpeted bedrooms w/ multipaned & arched windows in front. Master Suite features tray ceiling & attached bath. ADA wheelchair accessible, 220amp serv in garage, frnt sprinklers, wired for speakers.
  • Cross Street: Mildred
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Refrigerator, Washer/Dryer, Freezer in Gar
  • Fireplace: Gas
  • Negotiable Inclusions: Range/Micro
  • Flooring: Carpet, Tile, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 13'2"x12'3", On Level: 1/Main
  • Bedroom 2: Dimensions: 13'2"x9'7, On Level: 1/Main
  • Bedroom 3: Dimensions: 12'x10'4", On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 20'6"x12', On Level: 1/Main
  • Living Room: Dimensions: 17'6"x13'9", On Level: 1/Main
  • Kitchen: Dimensions: 12'6x12', On Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook
  • Source Of Sq Ft: Owner

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: Tan
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.15
  • Estimated Lot Dimensions: 98x66
  • Estimated Lot Sq Ft: 6382
  • Lot: 35
  • Lot Type: Dimension Above
  • Underground Sprinklers: Refer To Remarks
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 15/16
  • Tax Amount: 2836

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Tennies Kenneth J
Bought by
Tennies Kenneth J and Tennies Gabriela Nathaly
Current Estimated Value
$431,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$152,758
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$278,954

Purchase Details

Listed on
Jun 23, 2016
Closed on
Jun 28, 2016
Sold by
Engles Jon S and Engles Alexis L
Bought by
Tennies Kenneth J
Seller's Agent
Dewey Whitton
THE SALEM REAL ESTATE GROUP
Buyer's Agent
Eric Beachy
EXP REALTY, LLC
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$218,500
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2014
Sold by
Engles Jon
Bought by
Engles Jon S and Engles Alexis L

Purchase Details

Closed on
Jan 7, 2014
Sold by
Engles Jon
Bought by
Engles Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,050
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2004
Sold by
Reed Robert W
Bought by
Engles Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2002
Sold by
Costlow Stephen M and Costlow Kimberly F
Bought by
Reed M Lavelle
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
Tennies Kenneth J -- Fidelity National Title
Tennies Kenneth J $230,000 First American
Engles Jon S -- None Available
Engles Jon -- Servicelink
Engles Jon $155,000 Lawyers Title Ins
Reed M Lavelle $142,900 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tennies Kenneth J $210,000
Closed Tennies Kenneth J $218,500
Previous Owner Engles Jon $167,050
Previous Owner Engles Jon $139,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $230,000 +2.2% $156 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $225,000 -- $153 / 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 $4,465 $227,390 -- --
2023 $4,333 $220,770 $0 $0
2022 $4,085 $214,340 $0 $0
2021 $3,969 $208,100 $0 $0
2020 $3,853 $202,040 $0 $0
2019 $3,718 $196,160 $0 $0
2018 $3,783 $0 $0 $0
2017 $3,415 $0 $0 $0
2016 $2,814 $0 $0 $0
2015 $2,836 $0 $0 $0
2014 $2,744 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dewey Whitton

    Seller's Agent in 2016

    Dewey Whitton

    THE SALEM REAL ESTATE GROUP

    (503) 949-3623

    42 in this area

    383 Total Sales

    Dewey Whitton
    Section Image
  • Eric Beachy

    Buyer's Agent in 2016

    Eric Beachy

    EXP REALTY, LLC

    (503) 983-8292

    5 in this area

    43 Total Sales

    Eric Beachy
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 706209

Willamette Valley MLS

APN: 594284

Oregon Marion County Salem 97306 South Gateway

5893 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. WVMLS Member Broker: Arlene Richardson

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