5887 Cobalt Loop SE, Salem, OR 97306
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Property image
OFF MARKET

5887 Cobalt Loop SE
Salem, OR 97306

South Gateway
  • 3 Beds
  • 2 Baths
  • 1,651 sqft

$461,900

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $2,672/mo*
Refinance Your Home

$461,900

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $2,672/mo*
Refinance Your Home
3 Beds
2 Baths
1,651 sqft

Local Information

  • Map ViewExplore the area around 5887 Cobalt Loop SE.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

You will love this inviting South Salem home! Many updates like granite in kitchen and baths, eat in kitchen bar, breakfast nook, pantry with barn door. Huge great room with vaulted ceiling, canned lights, and gas fireplace. Dining room opens to backyard with deck. Master bedroom has walk-in closet and wonderful master bath with dual sinks. Sprinkler system installed, new roof in 2013. This home has it all! So very well maintained.
5887 Cobalt Loop SE, Salem, OR 97306 is a 3 bedroom, 2 bathroom, 1,651 sqft single-family home in South Gateway, built in 1993. It last sold for $295,000 on Feb 1, 2018. It is currently off market. The Trulia Estimate is $461,900, with a rent estimate of $2,386/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 5887 Cobalt Loop SE

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Laminate
Interior Details
Types of Rooms: Dining Room
Appliances & Utilities
DishwasherDisposalMicrowave
Fireplace & Spa
Fireplace

Exterior Features

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

Property Information

Year Built
Year Built: 1993
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6098 sqft

Price History for 5887 Cobalt Loop SE

DatePriceEventSource
02/01/2018$295,000Sold
N/A
12/12/2017$295,000Listed For SaleAgent Provided
02/08/2016$239,900ListingRemovedAgent Provided
02/06/2016$239,900Listed For SaleAgent Provided
12/30/2015$244,900Sold
N/A
11/18/2015$239,900Listed For SaleAgent Provided
12/20/2007$230,000Sold
N/A

Market trends in South Gateway

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$489K
$7.5KMoM
Sale-to-List Price
99.9%
Price per sq ft
$266
$9MoM
Available listings
101
18MoM
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Property Tax and Assessment

Year2025
Tax$5,119
Assessment$499,580
Home facts updated by county records

Comparable Sales for 5887 Cobalt Loop SE

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
0.16
Single-Family Home
$442,552
09/25/25
3
2
1,678
5703 Flairstone Dr SE, Salem, OR
0.17
Single-Family Home
$474,000
05/19/26
3
2
1,650
5733 Flairstone Dr SE, Salem, OR
0.15
Single-Family Home
$449,900
06/04/26
3
2
1,484
1159 Anna Ln SE, Salem, OR
0.19
Single-Family Home
$425,000
06/26/26
3
2
1,224
1230 Marstone St SE, Salem, OR
0.17
Single-Family Home
$450,000
01/07/26
3
2.5
1,625
5914 Mooseberry St SE, Salem, OR
0.22
Single-Family Home
$296,000
06/15/26
3
2
1,264
5734 Valleywood Loop SE, Salem, OR
0.14
Single-Family Home
$446,000
04/03/26
3
2
1,305
5874 Flairstone Ct SE, Salem, OR
0.14
Single-Family Home
$520,000
04/30/26
3
2.5
2,020
1344 Marstone Ct SE, Salem, OR
0.24
Single-Family Home
$465,000
01/23/26
3
2.5
1,744

Nearby homes

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Assigned Schools

These are the assigned schools for 5887 Cobalt Loop SE.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 5887 Cobalt Loop SE

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Off Market Homes Near 5887 Cobalt Loop SE

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