5876 Cobalt Loop SE, Salem, OR 97306
Property image
Property image
OFF MARKET

$463,900

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 1,648 sqft

5876 Cobalt Loop SE, Salem, OR 97306

South Gateway
Est. Refi. Payment $2,719/mo*
Refinance Your Home
Currently Off Market - Sold Sep 14, 2018 for $320,000

Home Value

Trulia Estimate
$464K
Since last month
Decreased$300 (-0.1%)
Since last year
Decreased$2K (-0.5%)
Since last sale
Increased$144K (+44.8%)
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 +78% in the last 10 years
MonthEstimated value
2026
August 2026$464K
July 2026$464K
June 2026$467K
May 2026$470K
April 2026$469K
March 2026$466K
February 2026$473K
January 2026$467K
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
0.03
Single-Family Home
$425,000
01/16/26
3
2
1,600
5913 Rhinestone Ct SE, Salem, OR
0.18
Single-Family Home
$442,552
09/25/25
3
2
1,678
1230 Marstone St SE, Salem, OR
0.20
Single-Family Home
$450,000
01/07/26
3
2.5
1,625
5703 Flairstone Dr SE, Salem, OR
0.21
Single-Family Home
$474,000
05/19/26
3
2
1,650
5923 Rhinestone Ct SE, Salem, OR
0.18
Single-Family Home
$470,000
08/13/26
3
2
1,843
5743 Flairstone Dr SE, Salem, OR
0.17
Single-Family Home
$490,000
08/25/26
3
2
1,598
5733 Flairstone Dr SE, Salem, OR
0.18
Single-Family Home
$449,900
06/04/26
3
2
1,484
5874 Flairstone Ct SE, Salem, OR
0.16
Single-Family Home
$520,000
04/30/26
3
2.5
2,020
1159 Anna Ln SE, Salem, OR
0.18
Single-Family Home
$425,000
06/26/26
3
2
1,224
1241 Anna Ln SE, Salem, OR
0.25
Single-Family Home
$388,500
08/27/26
3
2
1,224

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
5892 Cobalt Loop SE, Salem, OR 97306
0.03
$425,000
3
2
1,600
Recently Sold
1085 Mildred Ln SE, Salem, OR 97306
0.07
$437,100
3
2
1,521
Off Market
5799 Moonstone Loop SE, Salem, OR 97306
0.07
$465,500
3
2
1,608
Off Market
5845 Cinnibar St SE, Salem, OR 97306
0.04
$474,900
3
2
1,601
For Sale
5822 Cobalt Loop SE, Salem, OR 97306
0.02
$447,200
3
2
1,432
Off Market
5814 Cinnibar St SE, Salem, OR 97306
0.07
$465,500
3
2.5
1,674
Off Market
5803 Cobalt Loop SE, Salem, OR 97306
0.05
$456,300
3
2.5
1,564
Off Market
5824 Cinnibar St SE, Salem, OR 97306
0.07
$426,600
3
2
1,458
Off Market
5847 Cobalt Loop SE, Salem, OR 97306
0.05
$470,000
3
2
1,611
For Sale
994 Cobalt Ct SE, Salem, OR 97306
0.06
$484,400
3
2
1,659
Off Market
5888 Oakstone Dr SE, Salem, OR 97306
0.09
$460,300
3
2
1,397
Off Market
5678 Moonstone Loop SE, Salem, OR 97306
0.13
$458,800
3
2
1,814
Off Market

Local Information

  • Map ViewExplore the area around 5876 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
1993
Living Area
1,648 sqft
Price/Sqft
$281
Parking
Garage

About this House

Delightful Home with Plentiful Light and Space

The open-flow of the main floor in this 3-bedroom, 2.5 bath home provides all the space you need to cook, dine, entertain and enjoy in comfort. A tiled entry opens into the living room with its multi-paned windows, vaulted ceiling and gas fireplace with a tile surround.

From the living room, you come into the kitchen/family room area with gleaming laminate floors. In the kitchen you’ll find a center island, slab granite countertops, a breakfast nook and abundant can lighting. A door from the adjoining family room leads out into the backyard. A formal dining room, spacious laundry room with cabinets and half bath complete the main floor layout.

Upstairs, a landing overlooks the living area and is the walkway to three bedrooms. The ensuite master has a Palladian window with a cozy bench, a walk-in closet with built-in shoe storage and a bath with Corian counters. There is another full bath as well as the two additional bedrooms on the second level. Central air conditioning and gas heat provide year-round comfort.

Outside, mature trees and shrubs, as well as a fence, create a private environment. A patio is ideal for outdoor entertaining and there is also a shed and RV pad. The 2-car attached garage offers additional storage space.
5876 Cobalt Loop SE, Salem, OR 97306 is a 3 bedroom, 3 bathroom, 1,648 sqft single-family home in South Gateway, built in 1993. It last sold for $320,000 on Sep 14, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $463,900, with a rent estimate of $2,465/month.

Home Details for 5876 Cobalt Loop SE

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Laminate, Linoleum Vinyl
Interior Details
Types of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room, Master BathCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalMicrowaveRefrigerator
Fireplace & Spa
Fireplace
Security
Security System

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Cement Concrete, CompositionGardenLawnPatioSprinkler System
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached, On Street

Property Information

Year Built
Year Built: 1993
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 5780 sqft

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
Sep 14, 2018
Source: HomeSmart Intl Solds #737632_97306
Sold
$320,000
Aug 9, 2018
Source: Agent Provided
Listed For Sale
$320,000
Sep 23, 2015
Source: RMLS (OR) #15380091
Sold
$236,000
Aug 11, 2015
Source: Agent Provided
PriceChange
$232,500
Price decreased by 2%
Aug 3, 2015
Source: Agent Provided
PriceChange
$237,500
Price decreased by 2%

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 5876 Cobalt Loop SE

  • What is 5876 Cobalt Loop SE estimated to be worth?
    Trulia's estimated value for 5876 Cobalt Loop SE in Salem, OR is $463,900.
  • What is the price history for 5876 Cobalt Loop SE?
    5876 Cobalt Loop SE in Salem, OR last sold for $320,000 in September 2018.
  • 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 5876 Cobalt Loop SE have air conditioning?
    Yes, 5876 Cobalt Loop SE in Salem, OR has air conditioning.
  • Does 5876 Cobalt Loop SE have laundry facilities?
    Yes, 5876 Cobalt Loop SE in Salem, OR has laundry facilities.

Explore by feature - Pet Friendly

278 pet-friendly rentals in Salem, OR

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Explore by feature - Air Conditioning

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Explore by feature - Outdoor Space

64 rentals with an outdoor space in Salem, OR

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