For Sale6d on market

5847 Cobalt Loop SE

Salem, OR, 97306 • South Gateway • Marion County

$499,900

$310/sqft

Down payment assistance available

3Beds

2Baths

1,611Sqft

0.14 acLot

1993Built

Property DNA

6 highlights

Territorial Views

Territorial

Sunstone

South Gateway

Outdoor Living

Deck

Shed(s)

2-Car Garage

Attached

Wood Floors

Quality flooring throughout

This home is getting attention

Listed 6 days ago · 1,089 views · 49 saves

Market activity

Demand and pricing signals for this listing

1,089 views

People checking out this listing

49 saves

Buyers have saved this home

6 days on market

Just listed — act fast

$310/sqft

Price per square foot

About this home

Single Family · Built 1993

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.

Standout features identified

Our analysis highlights cozy gas fireplace, fenced backyard, and trex deck as key attractions of this home.

Estimated monthly payment

Based on current rates

$3,106/month

Principal & Interest$2,439

Property Tax$500

Insurance$167

Down payment20% ($99,980)

3%50%

Est. 6.16% rate · 30yr fixed · $399,920 loan

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At a glance

Key facts and listing details

TypeSingle Family Residence

Year Built1993

HeatingNatural Gas, Forced Air

CoolingCentral Air

Parking2 Attached Garage spaces

Lot6,098 sqft

Days on Zillow6 Days

Price/sqft$310

Property

Home typeSingle Family

Sub-typeSingle Family Residence

Year built1993

Stories1

Systems

HeatingNatural Gas, Forced Air

CoolingCentral Air

RoofComposition

ConstructionFiber Cement, Lap Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingAttached

Garage2 spaces

FencingFenced

Lot6,098 sqft

Location & Tax

NeighborhoodSouth Gateway

ZoningRS

Annual tax$4,960

Parcel594367

Bathrooms & Fees

Full baths2

Features & details

13 categories of property features

Interior Features

Interior

Breakfast Room/Nook

Smart Home

Appliances

Dishwasher

Disposal

Electric Range

Range Included

Gas Water Heater

Flooring

Laminate

Wood

Heating

Natural Gas

Forced Air

Cooling

Central Air

Laundry

Main Level

Fireplace

Family Room

Exterior Features

Parking

Attached

Construction

Fiber Cement

Lap Siding

Patio & Porch

Deck

Lot Features

Common Area

Landscaped

Views

Territorial

Other Structures

Shed(s)

Room details

7 rooms detailed

Master Bedroom

Main

14×13 ft182 sqft

Bedroom2

Main

11×12 ft132 sqft

Bedroom3

Main

11×12 ft132 sqft

Dining Room

Main

11×12 ft132 sqft

Formal

Family Room

Main

15×15 ft225 sqft

Kitchen

Main

17×11 ft187 sqft

Listing insights

Market data and value estimates

StatusFor Sale

Days on market6

Est. value$496,400

Est. rent$2,299/mo

Tax rate0.81%

Price/sqft$310

On marketMar 9, 2026

PostedMar 9, 2026

Last sold$435,000

MLS updatedMar 9, 2026

Tour days9

Favorites49

How are the schools in Salem?

3 schools rated nearby

Battle Creek Elementary School

Elementary • Public • K-5

0.7 mi

Judson Middle School

Middle • Public • 6-8

1.4 mi

Sprague High School

High • Public • 9-12

2.5 mi

Location

Salem, OR, 97306

Expand map

Price history

15 events

DateEventPrice$/sqftSource

Mar 9, 2026Listed For Sale$499,900$310WVMLS

Jun 8, 2022Sold$435,000$270Public Record

May 9, 2022Contingent$429,900$267WVMLS

May 2, 2022Listed For Sale$429,900$267WVMLS

Jan 24, 2013Sold$179,900$112Public Record

Dec 4, 2012Price Change$179,900$112Coldwell Banker Mountain West Real Estate, Inc.

Apr 26, 2012Listed For Sale$184,900$115Coldwell Banker Mountain West Real Estate, Inc.

Oct 14, 2011Listing Removed$199,900$124Coldwell Banker Mountain West Real Estate, Inc.

Sep 8, 2011Price Change$199,900$124Coldwell Banker Mountain West Real Estate, Inc.

Jun 27, 2011Price Change$204,900$127Coldwell Banker Mountain West Real Estate, Inc.

Apr 16, 2011Listed For Sale$214,900$133Coldwell Banker Moutain West Real Estate, Inc.

Oct 30, 2010Listing Removed$250,000$155The Gladys Blum Group Real Estate Services

May 6, 2010Listed For Sale$250,000$155The Gladys Blum Group Real Estate Services

Sep 24, 2008Listing Removed$269,900$168Prudential Real Estate

May 29, 2008Listed For Sale$269,900$168Prudential Real Estate

Listed For Sale$499,900

Mar 9, 2026•$310/sqft•WVMLS

Sold$435,000

Jun 8, 2022•$270/sqft•Public Record

Contingent$429,900

May 9, 2022•$267/sqft•WVMLS

Listed For Sale$429,900

May 2, 2022•$267/sqft•WVMLS

Sold$179,900

Jan 24, 2013•$112/sqft•Public Record

Price Change$179,900

Dec 4, 2012•$112/sqft•Coldwell Banker Mountain West Real Estate, Inc.

Listed For Sale$184,900

Apr 26, 2012•$115/sqft•Coldwell Banker Mountain West Real Estate, Inc.

Listing Removed$199,900

Oct 14, 2011•$124/sqft•Coldwell Banker Mountain West Real Estate, Inc.

Price Change$199,900

Sep 8, 2011•$124/sqft•Coldwell Banker Mountain West Real Estate, Inc.

Price Change$204,900

Jun 27, 2011•$127/sqft•Coldwell Banker Mountain West Real Estate, Inc.

Listed For Sale$214,900

Apr 16, 2011•$133/sqft•Coldwell Banker Moutain West Real Estate, Inc.

Listing Removed$250,000

Oct 30, 2010•$155/sqft•The Gladys Blum Group Real Estate Services

Listed For Sale$250,000

May 6, 2010•$155/sqft•The Gladys Blum Group Real Estate Services

Listing Removed$269,900

Sep 24, 2008•$168/sqft•Prudential Real Estate

Listed For Sale$269,900

May 29, 2008•$168/sqft•Prudential Real Estate

Tax history

26 years of records

YearTax paidAssessed value

Mar 16, 2025$4,960$241,440

Mar 16, 2024$4,602$234,410

Mar 16, 2023$4,467$220,970

Mar 16, 2022$4,342$220,970

Mar 16, 2021$4,218$214,540

Mar 16, 2020$4,095$202,240

Mar 16, 2019$3,951—

Mar 16, 2018$3,901—

Mar 16, 2017$3,901—

Mar 16, 2016$3,353—

Mar 16, 2015$3,353—

Mar 16, 2014$3,270—

Mar 16, 2013$3,089—

Mar 16, 2012$3,089—

Mar 16, 2011$2,990$159,670

Mar 16, 2010$2,868$150,510

Mar 16, 2009$2,836$150,510

Mar 16, 2008$2,676$146,130

Mar 16, 2007$2,592—

Mar 16, 2006$2,549—

Mar 16, 2005$2,498—

Mar 16, 2004$2,510—

Mar 16, 2003$2,393—

Mar 16, 2002$2,335—

Mar 16, 2001$2,265—

Mar 16, 2000$2,195—

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Neighborhood details

Local context around this listing

Salem, OR • Marion County

Nearby neighborhoods

East LancasterFaye WrightFour CornersHayesvilleMorningsideNorth LancasterNorthgateSouth GatewaySoutheast Mill CreekWest Salem

Nearby cities

AumsvilleAuroraHubbardJeffersonKeizerSalemSilvertonStayton

Nearby zip codes

97301973029730497305973069730897309973109731297317

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Value estimates

Live

Est. value$496,400

Est. rent$2,299/mo

30yr rate est.6.16%

Affordability$2,871/mo

Accepted financing

VA LoanCashFHAConventional

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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.

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