NOT LISTED FOR SALE

2925 Phillips Brook Ln Salem, VA 24153

Estimated Value: $524,000 - $594,000

4 Beds
3.5 Baths
3,305 Sq Ft
$169/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2022

Last sale price $439,000 $133 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,234 / mo

5 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Breakfast Area or Nook
  • Mountain View
  • Living Room with Fireplace
  • Cul-De-Sac

About This Home

As of March 2022

Tucked away in Salem, this gorgeous house is on a one-street subdivision that has a babbling brook, community playground, & friendly neighbors. Better yet, it's completely move in ready! Enjoy the open concept main level to gather with friends & prepare a delicious holiday meal in your stylish, updated kitchen. Or, fire up the grill on your back deck adjacent to the living area & have an indoor/outdoor party celebrating life. With a massive fully finished basement, you'll have more room to entertain with conveniences like a wet bar, full bath, storage, & cozy fireplace. Retreat upstairs to a spacious master bedroom suite & large bedrooms--including extra space that could double as a play/craft/gaming room. Low maintenance exterior & landscape compliment mountain views & grazing wildlife!

Last Agent to Sell the Property

Hal Cone

LPT REALTY LLC License #0225214037 Listed on: 02/11/2022

LPT REALTY LLC

Last Buyer's Agent

Leslie Epperly

REAL BROKER LLC - MCLEAN License #0225249710

REAL BROKER LLC - MCLEAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,685

Year Built

  • Built in 2007

Lot Details

  • 10,454 Sq Ft Lot
  • Cul-De-Sac
  • Lot Sloped Up
  • Cleared Lot
  • Property is zoned RSF

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • East Salem Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Phillips Brook Subdivision

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,685

Year Built

Built in 2007

Lot Details

10,454 Sq Ft Lot

HOA Fees

$25 per month

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Gas Log Fireplace, Walk-in-Closet, Wet Bar
  • Heating System: Heat Pump Gas, Zoned Heat
  • Fireplace(s): Basement, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric, Zoned Cooling
  • Outside Features: Deck, Paved Driveway
  • Views: Mountain
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1011.00
  • ExteriorDoors: Insulated, Metal
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryUpperLevel: 1
  • LowerBelowGrdFin Sq Ft: 800.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • POACondoDues: 300.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 2 Story, Colonial
  • Total Above Grd Fin S Q F T: 2505
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3305.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1494.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Paved Road, Underground Util

Lot Info

  • Lot Description: Cleared, Up Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.24
  • Lot: 7
  • ZoningCode: RSF

Building Info

  • Year Built: 2007

Tax Info

  • Taxes (6 mo): 3685.20

MLS Schools

  • Elementary School: East Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 4, 2022
Sold by
Bought by
Seller's Agent
Hal Cone
LPT REALTY LLC
Buyer's Agent
Leslie Epperly
REAL BROKER LLC - MCLEAN
List Price
$439,000
Sold Price
$439,000
Current Estimated Value
$557,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,728
Avg. Annual Appreciation
5.77%
Original Mortgage
$351,200
Outstanding Balance
$324,870
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$232,858

Purchase Details

Listed on
Sep 27, 2018
Closed on
Oct 16, 2018
Sold by
Bought by
Buyer's Agent
Cyndi Fletcher
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
List Price
$319,999
Sold Price
$310,000
Premium/Discount to List
-$9,999
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$248,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,239
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,200
Interest Rate
6.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$439,000 Fidelity National Title
$439,000 Fidelity National Title
$310,000 Performance Title
-- Title Source Inc
$325,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $351,200
Closed $351,200
Previous Owner $248,000
Previous Owner $250,239
Previous Owner $258,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2022 03/15/22 Sold $439,000 0.0% $133 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $439,000 +41.6% $133 / Sq Ft
11/01/2018 11/01/18 Sold $310,000 -3.1% $94 / Sq Ft View Prior Sale
10/02/2018 10/02/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $319,999 -- $97 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,366 $401,100 $60,000 $341,100
2024 $2,288 $381,400 $57,500 $323,900
2023 $4,327 $360,600 $55,000 $305,600
2022 $3,878 $323,200 $50,000 $273,200
2021 $3,799 $316,600 $47,500 $269,100
2020 $3,685 $307,100 $47,500 $259,600
2019 $3,554 $296,200 $47,500 $248,700
2018 $3,447 $292,100 $45,000 $247,100
2017 $3,413 $289,200 $45,000 $244,200
2016 $3,413 $289,200 $45,000 $244,200
2015 $3,704 $313,900 $45,000 $268,900
2014 $3,704 $313,900 $45,000 $268,900
Source: Public Records

Agents Affiliated with this Home

  • Hal Cone

    Seller's Agent in 2022

    Hal Cone

    LPT REALTY LLC

    (540) 759-4766

    233 Total Sales

    Hal Cone
    Section Image
  • Leslie Epperly

    Buyer's Agent in 2022

    Leslie Epperly

    REAL BROKER LLC - MCLEAN

    (540) 314-3706

    75 Total Sales

    Leslie Epperly
    Section Image

  • C

    Buyer's Agent in 2018

    Cyndi Fletcher

    BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

    (540) 589-3084

    64 Total Sales

    Cyndi Fletcher
    Section Image

  • J

    Buyer Co-Listing Agent in 2018

    Jeffrey Fletcher

    BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

    (540) 589-3083

    57 Total Sales

    Jeffrey Fletcher
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 886908

Roanoke Valley Association of REALTORS®

APN: 290-1-3.7

Virginia Salem City County Salem 24153

2925 Phillips Brook Ln, Salem, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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