5843 Cobalt Loop SE, Salem, OR 97306
Photo 4
Photo 7
OFF MARKET

$431,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,512 sqft

5843 Cobalt Loop SE, Salem, OR 97306

South Gateway
Est. Refi. Payment $2,578/mo*
Refinance Your Home

Home Value

Trulia Estimate
$432K
Since last month
Increased$1K (+0.3%)
Since last year
Decreased$4K (-1%)
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 +86% in the last 10 years
MonthEstimated value
2026
August 2026$432K
August 2026$431K
July 2026$430K
June 2026$436K
May 2026$438K
April 2026$435K
March 2026$435K
February 2026$436K
January 2026$435K
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
0.08
Single-Family Home
$425,000
01/16/26
3
2
1,600
1159 Anna Ln SE, Salem, OR
0.16
Single-Family Home
$425,000
06/26/26
3
2
1,224
5913 Rhinestone Ct SE, Salem, OR
0.20
Single-Family Home
$442,552
09/25/25
3
2
1,678
5923 Rhinestone Ct SE, Salem, OR
0.20
Single-Family Home
$470,000
08/13/26
3
2
1,843
5733 Flairstone Dr SE, Salem, OR
0.23
Single-Family Home
$449,900
06/04/26
3
2
1,484
5743 Flairstone Dr SE, Salem, OR
0.22
Single-Family Home
$490,000
08/25/26
3
2
1,598
5703 Flairstone Dr SE, Salem, OR
0.25
Single-Family Home
$474,000
05/19/26
3
2
1,650
1241 Anna Ln SE, Salem, OR
0.24
Single-Family Home
$388,500
08/27/26
3
2
1,224
6045 Nelson Pl SE, Salem, OR
0.30
Single-Family Home
$435,000
08/28/26
3
2
1,547
5734 Valleywood Loop SE, Salem, OR
0.19
Single-Family Home
$446,000
04/03/26
3
2
1,305

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
0.01
$470,000
3
2
1,611
For Sale
994 Cobalt Ct SE, Salem, OR 97306
0.05
$484,400
3
2
1,659
Off Market
5822 Cobalt Loop SE, Salem, OR 97306
0.03
$447,200
3
2
1,432
Off Market
1035 Cedar Hill Ct S, Salem, OR 97306
0.05
$359,900
3
2
1,404
Recently Sold
1035 Cedar Hill Ct SE, Salem, OR 97306
0.05
$359,900
3
2
1,404
Recently Sold
5803 Cobalt Loop SE, Salem, OR 97306
0.08
$458,200
3
2.5
1,564
Off Market
975 Sunmist Ct SE, Salem, OR 97306
0.09
$588,700
3
2.5
2,292
Off Market
5892 Cobalt Loop SE, Salem, OR 97306
0.08
$425,000
3
2
1,600
Recently Sold
5845 Cinnibar St SE, Salem, OR 97306
0.08
$474,900
3
2
1,601
For Sale
957 Sunmist Ct, Salem, OR 97306
0.13
$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
5824 Cinnibar St SE, Salem, OR 97306
0.11
$426,600
3
2
1,458
Off Market

Local Information

  • Map ViewExplore the area around 5843 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
1994
Living Area
1,512 sqft
Price/Sqft
$286
Parking
Garage

About this House

Only one owner! The owners build this home and were the only occupant. Located on a low traffic street in South Salem. Enjoy skylights for natural lighting, vaulted ceilings and a walk in closet in the master bedroom. The back yard is partially fenced with a covered deck. Tenant pays all utilities. 1 small mature dog ok (no cats) with an additional Security Deposit.Directions: From Sunnyside Road SE, head East on Mildred Lane, then Right onto Cobalt Loop. ***Minimum 6 month lease to start***
5843 Cobalt Loop SE, Salem, OR 97306 is a 3 bedroom, 2 bathroom, 1,512 sqft single-family home in South Gateway, built in 1994. More recently, it was listed as a rental in April 2013 with an asking price of $1,095 per month. That rental listing was removed on April 12, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $431,900, with a rent estimate of $2,357/month.

Home Details for 5843 Cobalt Loop SE

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Types of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room
Appliances & Utilities
DishwasherDisposalRefrigerator

Exterior Features

Exterior Home Features
Roof: CompositionDeckLawnPatioPorch
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1994
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6098 sqft

Price and Tax history

DateEventPrice
Apr 12, 2013
Source: Agent Provided
ListingRemoved
$1,095
Apr 5, 2013
Source: Agent Provided
Listed For Rent
$1,095

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

Frequently asked questions about 5843 Cobalt Loop SE

  • What is 5843 Cobalt Loop SE estimated to be worth?
    Trulia's estimated value for 5843 Cobalt Loop SE in Salem, OR is $431,900.
  • 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.
  • What do residents say about the South Gateway neighborhood?
    Residents describe the South Gateway neighborhood in Salem, OR as pedestrian-friendly, dog-friendly, and well-kept. See recently sold homes in South Gateway, Salem.
  • Does 5843 Cobalt Loop SE have air conditioning?
    Yes, 5843 Cobalt Loop SE in Salem, OR has air conditioning.
  • Does 5843 Cobalt Loop SE have laundry facilities?
    Yes, 5843 Cobalt Loop SE in Salem, OR has laundry facilities.

Explore by feature - Pet Friendly

274 pet-friendly rentals in Salem, OR

Explore by feature - Garage

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Explore by feature - Air Conditioning

159 rentals with air conditioning in Salem, OR

Explore by feature - Pool

62 rentals with a pool in Salem, OR

Explore by feature - Washer/dryer

269 rentals with a washer/dryer in Salem, OR

Explore by feature - Outdoor Space

71 rentals with an outdoor space in Salem, OR

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Off Market Homes Near 5843 Cobalt Loop SE

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