5822 Cobalt Loop SE, Salem, OR 97306
Property image
Property image
OFF MARKET
Listed by JEFF KNIPE, Knipe Realty Era Powered, (503) 320-5300 . Bought with Knipe Realty Era Powered

$447,200

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,432 sqft

5822 Cobalt Loop SE, Salem, OR 97306

South Gateway
Est. Refi. Payment $2,624/mo*
Refinance Your Home
Currently Off Market - Sold Sep 27, 2024 for $425,000

Home Value

Trulia Estimate
$447K
Since last month
Increased$2K (+0.4%)
Since last year
Increased$17K (+4%)
Since last sale
Increased$23K (+5.5%)
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 +104% in the last 10 years
MonthEstimated value
2026
August 2026$448K
August 2026$448K
July 2026$446K
June 2026$449K
May 2026$448K
March 2026$425K
February 2026$429K
January 2026$432K
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
0.05
Single-Family Home
$425,000
01/16/26
3
2
1,600
1159 Anna Ln SE, Salem, OR
0.18
Single-Family Home
$425,000
06/26/26
3
2
1,224
5733 Flairstone Dr SE, Salem, OR
0.20
Single-Family Home
$449,900
06/04/26
3
2
1,484
5913 Rhinestone Ct SE, Salem, OR
0.19
Single-Family Home
$442,552
09/25/25
3
2
1,678
5734 Valleywood Loop SE, Salem, OR
0.16
Single-Family Home
$446,000
04/03/26
3
2
1,305
5743 Flairstone Dr SE, Salem, OR
0.19
Single-Family Home
$490,000
08/25/26
3
2
1,598
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
0.23
Single-Family Home
$474,000
05/19/26
3
2
1,650
1241 Anna Ln SE, Salem, OR
0.25
Single-Family Home
$388,500
08/27/26
3
2
1,224
6045 Nelson Pl SE, Salem, OR
0.32
Single-Family Home
$435,000
08/28/26
3
2
1,547

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
5847 Cobalt Loop SE, Salem, OR 97306
0.04
$470,000
3
2
1,611
For Sale
994 Cobalt Ct SE, Salem, OR 97306
0.04
$484,400
3
2
1,659
Off Market
1035 Cedar Hill Ct S, Salem, OR 97306
0.09
$359,900
3
2
1,404
Recently Sold
1035 Cedar Hill Ct SE, Salem, OR 97306
0.09
$359,900
3
2
1,404
Recently Sold
5803 Cobalt Loop SE, Salem, OR 97306
0.05
$458,200
3
2.5
1,564
Off Market
975 Sunmist Ct SE, Salem, OR 97306
0.10
$588,700
3
2.5
2,292
Off Market
5892 Cobalt Loop SE, Salem, OR 97306
0.05
$425,000
3
2
1,600
Recently Sold
5845 Cinnibar St SE, Salem, OR 97306
0.06
$474,900
3
2
1,601
For Sale
1060 Cedar Hill Ct SE, Salem, OR 97306
0.12
$366,900
2
1
1,268
Off Market
957 Sunmist Ct, Salem, OR 97306
0.12
$784,400
5
3
3,745
Off Market
5888 Oakstone Dr SE, Salem, OR 97306
0.10
$460,300
3
2
1,397
Off Market

Local Information

  • Map ViewExplore the area around 5822 Cobalt Loop SE.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1992
Living Area
1,432 sqft
Price/Sqft
$312
Parking
2 Car Garage

About this House

Welcome to 5822 Cobalt Loop SE! This updated 3-bed, 2-bath, 1,432 sq ft home in Salem’s South Gateway area. Features modern updates in paint, hardware, flooring, and vaulted ceilings. One-level living with a great yard! Prime location. Don’t miss out on this move-in ready gem! Listing Agent related to Seller.
5822 Cobalt Loop SE, Salem, OR 97306 is a 3 bedroom, 2 bathroom, 1,432 sqft single-family home in South Gateway, built in 1992. It last sold for $425,000 on Sep 27, 2024 (3% below the $435,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $447,200, with a rent estimate of $2,357/month.

Home Details for 5822 Cobalt Loop SE

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1432 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Electric Range, Gas Water HeaterDishwasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: Family RoomHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Laminate

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: DeckFencing: FencedOther Structures: RV/Boat StorageExterior: YellowFoundation: Continuous
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Water & Sewer
Sewer: Public Sewer
Farm & Range
Does Not Include Irrigation Water Rights

Property Information

Year Built
Year Built: 1992
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl SidingNot a New Construction

Price & Status

Price
List Price: $435,900Price Range: $425,000 - $435,900
Status Change & Dates
Off Market Date: Fri Sep 27 2024Possession Timing: Closing

Active Status

MLS Status: SOLD

Media

Location

Direction & Address
City: SalemCommunity: SUNSTONE
School Information
Elementary School: BattlecreekJr High / Middle School: JudsonHigh School: Sprague

Building

Building Area
Building Area: 1432 Square Feet

HOA

No HOA

Lot Information

Lot Area: 5663 sqft

Offer

Listing Agreement Type: Exclusive Right To Sell

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 817482Attribution Contact: Cell: 503-320-5300

Price and Tax history

DateEventPrice
Sep 27, 2024
Source: WVMLS #817482
Sold
$425,000
Aug 30, 2024
Source: RMLS (OR) #24371624
Pending
$435,900
Aug 22, 2024
Source: RMLS (OR) #24371624
PriceChange
$435,900
Price decreased by 0%
Aug 7, 2024
Source: RMLS (OR) #24371624
PriceChange
$437,900
Price decreased by 0%
Jun 29, 2024
Source: RMLS (OR) #24371624
PendingToActive
$439,900

Market trends in South Gateway

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$473K
$7.52KMoM
Sale-to-List Price
99.9%
Price per sq ft
$271
$6MoM
Available listings
126
18MoM

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

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.
Zillow, Inc. Randy Carroll, (206) 516-2255

Frequently asked questions about 5822 Cobalt Loop SE

  • What is 5822 Cobalt Loop SE estimated to be worth?
    Trulia's estimated value for 5822 Cobalt Loop SE in Salem, OR is $447,200.
  • What is the price history for 5822 Cobalt Loop SE?
    5822 Cobalt Loop SE in Salem, OR last sold for $425,000 in September 2024.
  • 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 5822 Cobalt Loop SE have air conditioning?
    Yes, 5822 Cobalt Loop SE in Salem, OR has air conditioning.
  • Does 5822 Cobalt Loop SE have a yard?
    Yes, 5822 Cobalt Loop SE in Salem, OR has a yard.

Explore by feature - Pet Friendly

271 pet-friendly rentals in Salem, OR

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Outdoor Space

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