5817 Cobalt Loop SE, Salem, OR 97306
Property image
Property image
OFF MARKET

$452,200

Trulia Estimate
as of Aug 30, 2026
  • 3 Beds
  • 2 Baths
  • 1,560 sqft
  • 3 Beds
  • 2 Baths
  • 1,560 sqft

5817 Cobalt Loop SE, Salem, OR 97306

South Gateway

Home Highlights

Property Type
Single-Family Home
Living Area
1,560 sqft
Price/Sqft
$290
Parking
Attached Garage

Local Information

  • Map ViewExplore the area around 5817 Cobalt Loop SE.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Professionally Managed by Crown Property Management, Inc.
Learn more or apply at CrownPM .net

Beautiful Single Story Home on Corner Lot, Deck, Yard, Garage ~ 5817 Cobalt

Corner lot home in Salem! The kitchen features a dishwasher, stove/oven, laminate floors, and natural light from a
skylight. This home also features forced air gas heat, vaulted ceilings, fenced back yard, deck, and covered patio. Other features of the home include washer/dryer hook-ups and an attached two car garage.

RENTAL TERMS:
Resident Responsible for All Utilities
Resident Maintains Landscaping
Renters Insurance Required
One Year Lease Required
Non Smoking Unit/Dwelling
Sorry, No Pets Allowed

The available date advertised is subject to change. Please call our office to confirm the estimated move in date. For viewing or more information, please give us a call or visit CrownPM .net. The unit may be occupied; please do not disturb the resident!

All dimensions and square footage are estimates. Pictures shown may not be of the actual dwelling and information is not guaranteed. Additional security deposit(s) may be required. Above ground pools and trampolines are not allowed! Fireplaces/wood stoves may not be usable.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
5817 Cobalt Loop SE, Salem, OR 97306 is a 3 bedroom, 2 bathroom, 1,560 sqft single-family home in South Gateway. It last sold for $220,000 on Nov 7, 2008 (9,262% above the $2,350 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $2,350 per month. That rental listing was removed on January 8, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $452,200, with a rent estimate of $2,424/month.

Home Details for 5817 Cobalt Loop SE

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherRefrigerator

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Attached, On Site

Comparable Sales for 5817 Cobalt Loop SE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Single-Family Home
$425,000
01/16/26
3
2
1,600 sqft
0.14
Single-Family Home
$446,000
04/03/26
3
2
1,305 sqft
0.21
Single-Family Home
$449,900
06/04/26
3
2
1,484 sqft
0.29
Single-Family Home
$296,000
06/15/26
3
2
1,264 sqft
0.21
Single-Family Home
$490,000
08/25/26
3
2
1,598 sqft
0.22
Single-Family Home
$442,552
09/25/25
3
2
1,678 sqft
0.23
Single-Family Home
$474,000
05/19/26
3
2
1,650 sqft
0.21
Single-Family Home
$425,000
06/26/26
3
2
1,224 sqft
0.22
Single-Family Home
$470,000
08/13/26
3
2
1,843 sqft
0.28
Single-Family Home
$388,500
08/27/26
3
2
1,224 sqft

Nearby homes

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Neighborhood Overview

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"
  • Matthewdavisdpt
    "We have fun school events basketball, football, soccer, baseball, graduation, plays, comic shows, plays and lots of churches with active charity"
  • Matthewdavisdpt
    "You see people walking their dogs all the time, dogs are always welcome here, just clean up your dog pooo"
  • 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!"
  • Mtp8cp42jn
    "Great place to raise children. Well manicured gardens and lawns. Dog friendly. Very cute. Very nice, newer houses"
  • 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 "
  • 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. "
  • Trulia User
    "Great neighborhood, walk to store restaurants. Park across the street. School close by. Friendly neighborhood. Newer homes, good highways. "
  • 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 "
  • Essae
    "South Salem Pet store and Petco are nearby., Trader Joe’s has snacks, too. Most parks are friendly with leashed pets."
  • Hockeybum
    "Great neighborhood to live in and I have owned two homes here and would highly recommend it to others."
  • Smpaigemurphy
    "No dog park nearby or open area to let your dog go run. Unless the rare chance no ones at an elementary school"
  • Marty S.
    "Nice place for walking. Bike lanes. School park nearby. Restaurants and grocery in close proximity. Mature trees."
  • Ashley R.
    "Fairly well-lit and everyone uses leashes... friendly and sweet dogs, neighbors always friendly 😊 lots of RED DIRT, 😩"
  • 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. "
  • 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."
  • 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"
  • 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. "
  • Marcy M.
    "15 minutes to downtown with access to bus lines close by Traffic isn’t as heavy as other areas of town"
  • 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."
  • Valentia k.
    "Drug free environment and friendly neighbors. Also the neighborhood has to be kids friendly and clean."
  • 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."
  • Tim B.
    "Cul de sac, Close to shopping. "
  • 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. "
  • Donna_l
    "Quiet and Safe neighborhood, easy access to I-5, shopping, gym, bus system, senior center and downtown. A great place to live"

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Jan 8, 2026
Source: Zillow Rentals
ListingRemoved
$2,350
Jan 5, 2026
Source: Zillow Rentals
Listed For Rent
$2,350
Dec 22, 2025
Source: Zillow Rentals
ListingRemoved
$2,350
Dec 18, 2025
Source: Zillow Rentals
Listed For Rent
$2,350
Oct 11, 2024
Source: Zillow Rentals
ListingRemoved
$2,350

Frequently asked questions about 5817 Cobalt Loop SE

  • What is 5817 Cobalt Loop SE estimated to be worth?
    Trulia's estimated value for 5817 Cobalt Loop SE in Salem, OR is $452,200.
  • What is the price history for 5817 Cobalt Loop SE?
    5817 Cobalt Loop SE in Salem, OR last sold for $220,000 in November 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 $473K. That is down $7.52K from the prior month.
  • Does 5817 Cobalt Loop SE have parking?
    Yes, 5817 Cobalt Loop SE in Salem, OR has on-site parking.

Homes for rent near 5817 Cobalt Loop SE

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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