5816 Cobalt Loop SE, Salem, OR 97306
OFF MARKET

$443,100

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,623 sqft

5816 Cobalt Loop SE, Salem, OR 97306

South Gateway
Est. Refi. Payment $2,732/mo*
Refinance Your Home
Currently Off Market - Sold Aug 8, 2008 for $232,500

Home Value

Trulia Estimate
$443K
Since last month
Increased$2K (+0.4%)
Since last year
Decreased$5K (-1.1%)
Since last sale
Increased$213K (+91.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +93% in the last 10 years
MonthEstimated value
2026
September 2026$445K
August 2026$445K
July 2026$443K
June 2026$449K
May 2026$452K
April 2026$451K
March 2026$450K
February 2026$454K
January 2026$448K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5892 Cobalt Loop SE, Salem, OR
0.04
Single-Family Home
$425,000
01/16/26
3
2
1,600
5913 Rhinestone Ct SE, Salem, OR
0.20
Single-Family Home
$442,552
09/25/25
3
2
1,678
5743 Flairstone Dr SE, Salem, OR
0.19
Single-Family Home
$490,000
08/25/26
3
2
1,598
5733 Flairstone Dr SE, Salem, OR
0.19
Single-Family Home
$449,900
06/04/26
3
2
1,484
5923 Rhinestone Ct SE, Salem, OR
0.20
Single-Family Home
$470,000
08/13/26
3
2
1,843
5703 Flairstone Dr SE, Salem, OR
0.22
Single-Family Home
$474,000
05/19/26
3
2
1,650
1159 Anna Ln SE, Salem, OR
0.19
Single-Family Home
$425,000
06/26/26
3
2
1,224
5734 Valleywood Loop SE, Salem, OR
0.15
Single-Family Home
$446,000
04/03/26
3
2
1,305
1241 Anna Ln SE, Salem, OR
0.26
Single-Family Home
$388,500
08/27/26
3
2
1,224
5914 Mooseberry St SE, Salem, OR
0.26
Single-Family Home
$296,000
06/15/26
3
2
1,264

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5803 Cobalt Loop SE, Salem, OR 97306
0.04
$456,400
3
2.5
1,564
Off Market
5892 Cobalt Loop SE, Salem, OR 97306
0.04
$425,000
3
2
1,600
Recently Sold
5822 Cobalt Loop SE, Salem, OR 97306
0.01
$447,200
3
2
1,432
Off Market
994 Cobalt Ct SE, Salem, OR 97306
0.05
$484,400
3
2
1,659
Off Market
1085 Mildred Ln SE, Salem, OR 97306
0.08
$437,100
3
2
1,521
Off Market
5847 Cobalt Loop SE, Salem, OR 97306
0.05
$470,000
3
2
1,611
For Sale
5799 Moonstone Loop SE, Salem, OR 97306
0.08
$465,500
3
2
1,608
Off Market
5715 Valleywood Loop SE, Salem, OR 97306
0.13
$571,200
Studio
-
-
Off Market
5814 Cinnibar St SE, Salem, OR 97306
0.09
$465,500
3
2.5
1,674
Off Market
5824 Cinnibar St SE, Salem, OR 97306
0.09
$429,600
3
2
1,458
Off Market
975 Sunmist Ct SE, Salem, OR 97306
0.11
$588,700
3
2.5
2,292
Off Market
957 Sunmist Ct, Salem, OR 97306
0.12
$793,700
5
3
3,745
Off Market

Local Information

  • Map ViewExplore the area around 5816 Cobalt Loop SE.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1992
1,623 sqft
$273/sqft
Garage

About this House

Beautiful South Salem home. All fresh interior paint, carpets and floor coverings. Highly desirable area across from Creekside. Single level, open floor plan, vaulted ceiling, new deck, forced air gas heating w/AC, appliances included, etc. Too much to list!! In newer subdivision, you won't find this deal anywhere else!!!
5816 Cobalt Loop SE, Salem, OR 97306 is a 3 bedroom, 2 bathroom, 1,623 sqft single-family home in South Gateway, built in 1992. It last sold for $232,500 on Aug 8, 2008. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $443,100, with a rent estimate of $2,483/month.

Home Details for 5816 Cobalt Loop SE

Interior Features

Heating & Cooling
Heating: Heat Pump, GasAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Hardwood, Linoleum Vinyl
Interior Details
Types of Rooms: Dining Room, Family Room, Laundry Room, Master Bath, Office
Appliances & Utilities
DishwasherDisposalDryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Shingle, Brick
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1992
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 5663 sqft

Price and Tax history

DateEventPrice
Aug 8, 2008
Source: N/A
Sold
$232,500
Jul 12, 2008
Source: Agent Provided
Listed For Sale
$229,900
Apr 30, 2008
Source: N/A
Sold
$161,500

Market trends in South Gateway

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$479K
$8.33KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$263
$8MoM
Available listings
133
7MoM

Around this home

Neighborhood Overview

South Gateway
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Gateway

At least 129 Trulia users voted on each feature.

  • 94 % Say there are sidewalks

  • 91 % Say it's dog friendly

  • 83 % Say there's holiday spirit

  • 82 % Say car is needed

  • 78 % Say kids play outside

  • 77 % Say yards are well-kept

  • 74 % Say parking is easy

  • 68 % Say people would walk alone at night

  • 65 % Say it's walkable to grocery stores

  • 62 % Say it's quiet

  • 60 % Say they plan to stay for at least 5 years

  • 59 % Say streets are well-lit

  • 52 % Say neighbors are friendly

  • 43 % Say there's wildlife

  • 41 % Say it's walkable to restaurants

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Matthewdavisdpt
    "There are a lot of dog parks and tons of people that have dogs and tons of dog grooming services and there is lots of vet services"
    0
    Flag
  • Matthewdavisdpt
    "We have fun school events basketball, football, soccer, baseball, graduation, plays, comic shows, plays and lots of churches with active charity"
    0
    Flag
  • Matthewdavisdpt
    "You see people walking their dogs all the time, dogs are always welcome here, just clean up your dog pooo"
    0
    Flag
  • Melissa Medina
    "I have lived in this same neighborhood since I was 6. I have gone to the same schools around here as my kids. Great memories!"
    1
    Flag
  • Mtp8cp42jn
    "Great place to raise children. Well manicured gardens and lawns. Dog friendly. Very cute. Very nice, newer houses"
    0
    Flag
  • Haley Kjemperud
    "Dog park for the hoa members. Paved areas, lots of paths... That’s all I have to say about it but it’s "
    0
    Flag
  • Mike Bernard
    "Just at the edge of city limits so we get deer and other wildlife in the neighborhood. It is a well established neighborhood with good neighbors. "
    1
    Flag
  • Trulia User
    "Great neighborhood, walk to store restaurants. Park across the street. School close by. Friendly neighborhood. Newer homes, good highways. "
    1
    Flag
  • Trulia User
    "Low crime rate area, safe for kids to play outside. People are friendly and family oriented. Pick up after their pets and have them leashed when necessary "
    1
    Flag
  • Essae
    "South Salem Pet store and Petco are nearby., Trader Joe’s has snacks, too. Most parks are friendly with leashed pets."
    2
    Flag
  • Hockeybum
    "Great neighborhood to live in and I have owned two homes here and would highly recommend it to others."
    2
    Flag
  • Smpaigemurphy
    "No dog park nearby or open area to let your dog go run. Unless the rare chance no ones at an elementary school"
    0
    Flag
  • Marty S.
    "Nice place for walking. Bike lanes. School park nearby. Restaurants and grocery in close proximity. Mature trees."
    1
    Flag
  • Ashley R.
    "Fairly well-lit and everyone uses leashes... friendly and sweet dogs, neighbors always friendly 😊 lots of RED DIRT, 😩"
    0
    Flag
  • Sandeebmw
    "Quiet, clean, well kept neighborhood with neighbors that watch out for each other. Sidewalks are well kept but there are often cars parked on both sides of the streets making it a little difficult during busy times. "
    2
    Flag
  • Essae
    "It’s important to know that cars speed along Madras and the parking is lined along the street so often you can’t see the kids running around."
    2
    Flag
  • Essae
    "Lots of dogs on leash-responsible pet owners as well. Would be nice to have a park nearby that had a fenced in area"
    2
    Flag
  • Heather_delarosa
    "We do neighborhood block parties and all send holiday cards or cookies to each other, we also enjoy trick or treating with each other. "
    0
    Flag
  • Marcy M.
    "15 minutes to downtown with access to bus lines close by Traffic isn’t as heavy as other areas of town"
    1
    Flag
  • Greg m.
    "26 yr. resident. Good neighborhood. Convenient shopping. Easy commute. Lots to do in the area. Access to I-5. Close to beach and mountains."
    20
    Flag
  • Valentia k.
    "Drug free environment and friendly neighbors. Also the neighborhood has to be kids friendly and clean."
    11
    Flag
  • Janellnfranz
    "we have been here over 10 years and enjoy the feeling of our surrounding neighborhood. Several of our nearby households plan a get together twice a year as well."
    9
    Flag
  • Tim B.
    "Cul de sac, Close to shopping. "
    3
    Flag
  • Brad W.
    "Top of the hill with a wonderful view - on a wide, quiet street that dead ends. Salem locations in this price range are very difficult to find. We would never consider selling - but - its time to move near our son. "
    3
    Flag
  • Donna_l
    "Quiet and Safe neighborhood, easy access to I-5, shopping, gym, bus system, senior center and downtown. A great place to live"
    4
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5816 Cobalt Loop SE

  • What is 5816 Cobalt Loop SE estimated to be worth?
    Trulia's estimated value for 5816 Cobalt Loop SE in Salem, OR is $443,100.
  • What is the price history for 5816 Cobalt Loop SE?
    5816 Cobalt Loop SE in Salem, OR last sold for $232,500 in August 2008.
  • Is Salem a buyer's or seller's market?
    Salem is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Salem?
    The median sale price in Salem is $479K. That is up $8.33K from the prior month.
  • Does 5816 Cobalt Loop SE have air conditioning?
    Yes, 5816 Cobalt Loop SE in Salem, OR has air conditioning.
  • Does 5816 Cobalt Loop SE have laundry facilities?
    Yes, 5816 Cobalt Loop SE in Salem, OR has in-unit laundry.

Explore by feature - Pet Friendly

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