5847 Cobalt Loop SE, Salem, OR 97306
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Property image
FOR SALE
3D VIEW
Listed by QUINTIN BANGERT, Windermere Pacific West Prop, (503) 391-1350

5847 Cobalt Loop SE
Salem, OR 97306

South Gateway
  • 3 Beds
  • 2 Baths
  • 1,611 sqft

$480,000

Original price: $489,000
Est. Mortgage $2,839/mo*

$480,000

Original price: $489,000
Est. Mortgage $2,839/mo*
3 Beds
2 Baths
1,611 sqft
We estimate this home will sell faster than 87% nearby.

Local Information

  • Map ViewExplore the area around 5847 Cobalt Loop SE.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 5 hours ago
Listing courtesy of QUINTIN BANGERT, (503) 931-2445
Windermere Pacific West Prop
DENNIS COURTRIGHT
Windermere Pacific West Prop
Source: WVMLS, MLS#842967
Also Listed on WVMLS, RMLS (OR).

Description

Beautifully updated single-story home in South Salem with solar power and a newer roof. Open kitchen with granite countertops, pantry, breakfast nook, and laminate wood floors. Vaulted ceilings and a cozy gas fireplace highlight the family room. Spacious primary suite features a walk-in closet, dual vanity, and skylight, Smart thermostat. Fenced backyard with Trex deck and newly landscaped front yard w/drip system.
We estimate this home will sell faster than 87% nearby.

Home Highlights

Parking
2 Car Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$298
Listed
14 days ago

Home Details for 5847 Cobalt Loop SE

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1611 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Electric Range, Range Included, Gas Water HeaterDishwasherDisposalLaundry: Main Level
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: Family RoomHas a Fireplace
Gas & Electric
Electric: 1/Main
Windows, Doors, Floors & Walls
Flooring: Laminate, Wood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Laminate, Wood
View
Has a ViewView: Territorial

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: DeckFencing: FencedOther Structures: Shed(s)Foundation: Continuous
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Does Not Include Irrigation Water Rights

Days on Market

Days on Market: 14

Property Information

Year Built
Year Built: 1993
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Fiber Cement, Lap SidingNot a New ConstructionDoes Not Include Home Warranty

Price & Status

Price
List Price: $480,000Price Per Sqft: $298
Status Change & Dates
Possession Timing: COE

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: SalemCommunity: Sunstone
School Information
Elementary School: PringleJr High / Middle School: JudsonHigh School: South Salem

Agent Information

Listing Agent
Listing ID: 842967

Building

Building Area
Building Area: 1611 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 6098 sqft

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: VA Loan, Cash, FHA, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 842967Attribution Contact: Cell: 503-931-2445

Market trends in South Gateway

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$478K
$10.92K
MoM
Sale-to-List Price
99.9%
Price per sq ft
$277
$11
MoM
Available listings
108
7
MoM

Price History for 5847 Cobalt Loop SE

DatePriceEventSource
05/22/2026$480,000PriceChange
WVMLS #838401
04/27/2026$489,000PriceChange
WVMLS #838401
04/11/2026$494,900PriceChange
RMLS (OR) #573729301
03/09/2026$499,900Listed For SaleWVMLS #838401
06/08/2022$435,000Sold
N/A
05/09/2022$429,900ContingentWVMLS #791857
05/02/2022$429,900Listed For SaleWVMLS #791857
01/24/2013$179,900Sold
N/A
12/04/2012$179,900PriceChange
Agent Provided
04/26/2012$184,900Listed For SaleAgent Provided
10/14/2011$199,900ListingRemovedAgent Provided
09/08/2011$199,900PriceChange
Agent Provided
06/27/2011$204,900PriceChange
Agent Provided
04/16/2011$214,900Listed For SaleAgent Provided
10/30/2010$250,000ListingRemovedAgent Provided
05/06/2010$250,000Listed For SaleAgent Provided
09/24/2008$269,900ListingRemovedAgent Provided
05/29/2008$269,900Listed For SaleAgent Provided

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Property Tax and Assessment

Year2025
Tax$4,960
Assessment$480,670
Home facts updated by county records

Comparable Sales for 5847 Cobalt Loop SE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Single-Family Home
$425,000
01/16/26
3
2
1,600
0.19
Single-Family Home
$442,552
09/25/25
3
2
1,678
0.15
Single-Family Home
$425,000
06/26/26
3
2
1,224
0.25
Single-Family Home
$474,000
05/19/26
3
2
1,650
0.22
Single-Family Home
$449,900
06/04/26
3
2
1,484
0.19
Single-Family Home
$446,000
04/03/26
3
2
1,305
0.24
Single-Family Home
$450,000
01/07/26
3
2.5
1,625
0.17
Single-Family Home
$520,000
04/30/26
3
2.5
2,020
0.33
Single-Family Home
$575,000
06/19/26
3
2
1,876
0.39
Single-Family Home
$499,900
05/22/26
3
2
1,606

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 5847 Cobalt Loop SE.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

QUINTIN BANGERT, Windermere Pacific West Prop
Agent Phone: (503) 931-2445
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.
5847 Cobalt Loop SE, Salem, OR 97306 is a 3 bedroom, 2 bathroom, 1,611 sqft single-family home built in 1993. 5847 Cobalt Loop SE is located in South Gateway, Salem. This property is currently available for sale and was listed by WVMLS on Jul 2, 2026. The MLS # for this home is MLS# 842967.