NOT LISTED FOR SALE

995 Cobalt Ct SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $441,000 - $473,528

3 Beds
2 Baths
1,705 Sq Ft
$273/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2021

Last sale price $390,000 $229 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,871 / mo

6 Days on Market

Highlights

  • Living Room with Fireplace
  • Covered Patio or Porch
  • First Floor Utility Room
  • Territorial View
  • Breakfast Area or Nook
  • 2 Car Attached Garage

About This Home

As of June 2021

Great home located in a desirable neighborhood in a cul-de-sac. This home has an open floor plan, vaulted ceilings, bay window in the kitchen, gas fireplace, french doors in the master bedroom, underground sprinklers in the front and backyard, drip system, covered patio, high efficiency electronic air cleaner, newer roof, AC and furnace and extra storage space in the garage and in the attic. Easy access to I-5. Must see!

Last Agent to Sell the Property

Visay Naggi

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #200508134 Listed on: 05/18/2021

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Last Buyer's Agent

Peter Fricke

iHOMES License #201216806

Range of Values:

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

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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

  • $4,294

Year Built

  • Built in 1992

Lot Details

  • 7,579 Sq Ft Lot
  • Partially Fenced Property
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,705 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Fig tree
  • Tax Lot 54

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,294

Year Built

Built in 1992

Lot Details

7,579 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Great home located in a desirable neighborhood in a cul-de-sac. This home has an open floor plan, vaulted ceilings, bay window in the kitchen, gas fireplace, french doors in the master bedroom, underground sprinklers in the front and backyard, drip system, covered patio, high efficiency electronic air cleaner, newer roof, AC and furnace and extra storage space in the garage and in the attic. Easy access to I-5. Must see!
  • Cross Street: Cobalt Loop
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Fig tree
  • Fireplace: Gas, Living Room
  • Negotiable Inclusions: Fridge, stove and dishwasher
  • Flooring: Carpet, Tile
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7579
  • Lot: 54
  • Lot Type: Common Area
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 20-21
  • Tax Amount: 4294

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
May 18, 2021
Closed on
Jun 1, 2021
Sold by
Seradi Hormoz and Mousavi Parirokh
Bought by
Seller's Agent
Visay Naggi
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
Buyer's Agent
Peter Fricke
iHOMES
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%
Current Estimated Value
$465,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,132
Avg. Annual Appreciation
3.47%
Original Mortgage
$370,500
Outstanding Balance
$328,047
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$137,085

Purchase Details

Closed on
Nov 25, 2019
Sold by
Seradj Hormoz and Mousavi Parirokh
Bought by
Seradj Hormoz and Mousavi Parirokh
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

  • Jacob Espericueta Real Estate Agent - REALTY ONE GROUP WILLAMETTE VALLEY

    Jacob Espericueta

    REALTY ONE GROUP WILLAMETTE VALLEY

    (503) 506-6882

    45 Total Sales

    2 in South Gateway

    $550,000 Price Range

    Jacob Espericueta
     Section Image
  • Shelby Looney Real Estate Agent - HOMESTAR BROKERS

    Shelby Looney

    HOMESTAR BROKERS

    (844) 440-1213

    25 Total Sales

    1 in South Gateway

    $224,900 Price

    Shelby Looney
     Section Image
  • Amy Lindseth Real Estate Agent - eXp Realty, LLC

    Amy Lindseth

    eXp Realty, LLC

    (971) 350-6711

    49 Total Sales

    4 in South Gateway

    $485K - $595K Price Range

    Amy Lindseth
     Section Image
  • GINGER PAGE Real Estate Agent - HOMESTAR BROKERS

    GINGER PAGE

    HOMESTAR BROKERS

    (503) 946-3739

    75 Total Sales

    8 in South Gateway

    $330K - $720K Price Range

    GINGER PAGE
     Section Image
  • Brooklyn Morgan Real Estate Agent - MORE Realty

    Brooklyn Morgan

    MORE Realty

    (503) 506-6839

    113 Total Sales

    3 in South Gateway

    $200K - $374K Price Range

    Brooklyn Morgan
     Section Image
  • Kimberly Leighty Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    Kimberly Leighty

    BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    (503) 832-6919

    86 Total Sales

    3 in South Gateway

    $160K - $420K Price Range

    Kimberly Leighty
     Section Image
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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
$390,000 Ticor Title
Seradj Hormoz -- None Available
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 $370,500
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
06/28/2021 06/28/21 Sold $390,000 +2.6% $229 / Sq Ft
05/18/2021 05/18/21 For Sale $380,000 -- $223 / 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 $4,826 $253,160
2024 $4,826 $245,790
2023 $4,684 $238,640 $0 $0
2022 $4,416 $231,690 $0 $0
2021 $4,290 $224,950 $0 $0
2020 $4,294 $218,400 $0 $0
2019 $4,143 $212,040 $0 $0
2018 $4,090 $0 $0 $0
2017 $3,691 $0 $0 $0
2016 $3,516 $0 $0 $0
2015 $3,542 $0 $0 $0
2014 $3,428 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Visay Naggi Real Estate Agent - BHHS Oregon- Professionals

    Seller's Agent in 2021

    Visay Naggi

    BHHS Oregon- Professionals

    (503) 999-3601

    8 in this area

    99 Total Sales

    Visay Naggi
    Section Image
  • Peter Fricke Real Estate Agent - iHOMES

    Buyer's Agent in 2021

    Peter Fricke

    iHOMES

    (541) 760-6607

    3 in this area

    44 Total Sales

    Peter Fricke
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Map

Source: Willamette Valley MLS

MLS Number: 777335

Willamette Valley MLS

APN: 594303

Oregon Marion County Salem 97306 South Gateway

995 Cobalt Ct 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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