5892 Cobalt Loop SE, Salem, OR 97306
Property image
Property image
SOLD
JAN 16, 2026
Listed by TY HILDEBRAND, Realty One Group Willamette Valley, (503) 881-2313 . Bought with Willner Properties Llc

$424,600

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,600 sqft

5892 Cobalt Loop SE, Salem, OR 97306

South Gateway
Est. Refi. Payment $2,622/mo*
Refinance Your Home
Currently Off Market - Sold Jan 16, 2026 for $425,000 (2% below list price)

Home Value

Trulia Estimate
$425K
Since last month
Decreased$1K (-0.3%)
Since last year
Decreased$20K (-4.6%)
Since last sale
Increased$300 (+0.1%)
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 +85% in the last 10 years
MonthEstimated value
2026
September 2026$425K
August 2026$427K
July 2026$427K
June 2026$422K
May 2026$427K
April 2026$425K
March 2026$422K
February 2026$425K
January 2026$425K
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
5703 Flairstone Dr SE, Salem, OR
0.18
Single-Family Home
$474,000
05/19/26
3
2
1,650
5913 Rhinestone Ct SE, Salem, OR
0.19
Single-Family Home
$442,552
09/25/25
3
2
1,678
5743 Flairstone Dr SE, Salem, OR
0.15
Single-Family Home
$490,000
08/25/26
3
2
1,598
5733 Flairstone Dr SE, Salem, OR
0.16
Single-Family Home
$449,900
06/04/26
3
2
1,484
5923 Rhinestone Ct SE, Salem, OR
0.19
Single-Family Home
$470,000
08/13/26
3
2
1,843
5734 Valleywood Loop SE, Salem, OR
0.12
Single-Family Home
$446,000
04/03/26
3
2
1,305
1159 Anna Ln SE, Salem, OR
0.21
Single-Family Home
$425,000
06/26/26
3
2
1,224
1230 Marstone St SE, Salem, OR
0.18
Single-Family Home
$450,000
01/07/26
3
2.5
1,625
6045 Nelson Pl SE, Salem, OR
0.33
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
1085 Mildred Ln SE, Salem, OR 97306
0.04
$437,100
3
2
1,521
Off Market
5799 Moonstone Loop SE, Salem, OR 97306
0.05
$465,500
3
2
1,608
Off Market
5822 Cobalt Loop SE, Salem, OR 97306
0.05
$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
0.04
$456,400
3
2.5
1,564
Off Market
5824 Cinnibar St SE, Salem, OR 97306
0.07
$429,600
3
2
1,458
Off Market
5847 Cobalt Loop SE, Salem, OR 97306
0.08
$470,000
3
2
1,611
For Sale
994 Cobalt Ct SE, Salem, OR 97306
0.08
$484,400
3
2
1,659
Off Market
5888 Oakstone Dr SE, Salem, OR 97306
0.11
$460,300
3
2
1,397
Off Market
5678 Moonstone Loop SE, Salem, OR 97306
0.11
$461,000
3
2
1,814
Off Market
5740 Valleywood Loop SE, Salem, OR 97306
0.11
$394,600
3
2
1,254
Off Market

Local Information

  • Map ViewExplore the area around 5892 Cobalt Loop SE.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1992
1,600 sqft
$266/sqft
2 Car Garage

About this House

This well-kept home features an open kitchen overlooking a spacious great room with access to a covered back patio. Enjoy comfortable bedrooms, a master with walk-in closet, and custom blinds throughout. A charming front courtyard and patio in the backyard make this home truly inviting. Recently updated windows. Listing agent related to seller.
5892 Cobalt Loop SE, Salem, OR 97306 is a 3 bedroom, 2 bathroom, 1,600 sqft single-family home in South Gateway, built in 1992. It last sold for $425,000 on Jan 16, 2026 (2% below the $435,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $424,600, with a rent estimate of $2,482/month.

Home Details for 5892 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: 1600 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Built-In Range, Electric Water HeaterDishwasherDisposalLaundry: Main Level
Heating & Cooling
Heating: Electric,Zoned,Ductless/Mini-SplitHas HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 1/Main
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Laminate, Vinyl

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Covered PatioFencing: FencedExterior: TanFoundation: 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: Brick, Composite, Lap SidingNot a New Construction

Price & Status

Price
List Price: $435,000Price Per Sqft: $266/sqftPrice Range: $425,000 - $435,000
Status Change & Dates
Off Market Date: Fri Jan 16 2026Possession Timing: COE

Active Status

MLS Status: SOLD

Location

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

Building

Building Area
Building Area: 1600 Square Feet

HOA

No HOA

Lot Information

Lot Area: 6268 sqft

Offer

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

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 836053Attribution Contact: Cell: 503-881-2313

Price and Tax history

DateEventPrice
Jan 16, 2026
Source: WVMLS #836053
Sold
$425,000
Dec 31, 2025
Source: WVMLS #836053
Pending
$435,000
Dec 15, 2025
Source: WVMLS #836053
Listed For Sale
$435,000
Mar 14, 2013
Source: N/A
Sold
$177,500
Jan 23, 2013
Source: Agent Provided
Pending
$177,900

Market trends in South Gateway

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$479K
$8.33KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$263
$8MoM
Available listings
133
7MoM

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 5892 Cobalt Loop SE

  • What is 5892 Cobalt Loop SE estimated to be worth?
    Trulia's estimated value for 5892 Cobalt Loop SE in Salem, OR is $424,600.
  • What is the price history for 5892 Cobalt Loop SE?
    5892 Cobalt Loop SE in Salem, OR last sold for $425,000 in January 2026.
  • 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 $479K. That is up $8.33K from the prior month.
  • Does 5892 Cobalt Loop SE have laundry facilities?
    Yes, 5892 Cobalt Loop SE in Salem, OR has laundry facilities.
  • Does 5892 Cobalt Loop SE have a yard?
    Yes, 5892 Cobalt Loop SE in Salem, OR has a yard.

Explore by feature - Pet Friendly

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