NOT LISTED FOR SALE

341 Penguin Ln Salem, VA 24153

Salem Area

Estimated Value: $640,000 - $702,000

4 Beds
3.5 Baths
4,557 Sq Ft
$146/Sq Ft Est. Value

Sale Details

Date Sold: September 8, 2025

Last sale price $623,000 $137 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,187 / mo

131 Days on Market

Highlights

  • 0.74 Acre Lot
  • Deck
  • Ranch Style House
  • Mountain View
  • Family Room with Fireplace
  • Whirlpool Bathtub

About This Home

As of September 2025

Extra large 3/4 acre lot and one block from the Penguin Swim Club. House is wired for security system. New roof installed March 2025 with warranty. Split System for Sunroom. Welcome to 341 Penguin Lane! This exceptional all brick home features 4 bedrooms and 3.5 baths and is located in one of Salem's family-friendly custom home communities. Set on an oversized corner lot with breathtaking mountain views, this property combines comfort and natural beauty. Step inside to a formal Dining Room with tray ceiling and an impressive Great Room, both with crown molding and hardwood floors. The inviting Great Room has a cozy fireplace and French doors leading to a beautiful four-season Sunroom, perfect for savoring your morning coffee as you watch the sunrise and enjoying relaxing

Last Agent to Sell the Property

J.c. Taylor

YOUNG REALTY COMPANY License #0225120168 Listed on: 04/07/2025

Last Buyer's Agent

J.c. Taylor

YOUNG REALTY COMPANY License #0225120168 Listed on: 04/07/2025

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,494

Year Built

  • Built in 2007

Lot Details

  • 32,234 Sq Ft Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Crown Molding
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Sun or Florida Room
  • Storage
  • Mountain Views
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • 7 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Rear Porch

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hanging Rock Orchard Subdivision

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,494

Year Built

Built in 2007

Lot Details

0.74 Acres

Listing Details

  • Interior Features: Alarm, Breakfast Area, Gas Log Fireplace, Masonry Fireplace, Storage, Walk-in-Closet, Whirlpool Bath
  • Heating System: Forced Air Gas
  • Fireplace(s): Family Room, Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Range Electric, Range Hood
  • Cooling System: Central Cooling
  • Outside Features: Deck, Patio, Paved Driveway, Sunroom
  • Views: Mountain, Sunrise, Sunset
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 2497.00
  • ExteriorDoors: Insulated, Wood
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 2060.00
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Hanging Rock Orch
  • Total Above Grd Fin S Q F T: 2497
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4557.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 229.00
  • UncoveredNumberSpaces: 7.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 229.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Paved Road, Underground Util

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.74
  • Lot: 5

Building Info

  • Year Built: 2007

Tax Info

  • Taxes (6 mo): 6493.54

MLS Schools

  • Elementary School: G. W. Carver
  • 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
Apr 7, 2025
Closed on
Sep 4, 2025
Sold by
Bought by
Seller's Agent
J.c. Taylor
YOUNG REALTY COMPANY
Buyer's Agent
J.c. Taylor
YOUNG REALTY COMPANY
List Price
$749,900
Sold Price
$623,000
Premium/Discount to List
-$126,900
-16.92%
Views
247
Current Estimated Value
$664,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,004
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
Mar 24, 2008
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
$34,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, VA

  • Lisa Martin Real Estate Agent - LISA & CO., REALTORS(r)

    Lisa Martin

    LISA & CO., REALTORS(r)

    (540) 592-4413

    105 Total Sales

    2 in Salem

    $206K - $237K Price Range

    Lisa Martin
     Section Image

  • GA

    Greg Alexander

    KW SALEM PROFESSIONALS

    (540) 240-9568

    94 Total Sales

    5 in Salem

    $222K - $495K Price Range

    Greg Alexander
     Section Image
  • Kevin Westlake Real Estate Agent - KEYSTONE REALTY OF ROANOKE LLC

    Kevin Westlake

    KEYSTONE REALTY OF ROANOKE LLC

    (540) 240-9772

    46 Total Sales

    1 in Salem

    $312,900 Price

    Kevin Westlake
     Section Image
  • Amanda Patterson Real Estate Agent - VARNEY REALTY PARTNERS

    Amanda Patterson

    VARNEY REALTY PARTNERS

    (540) 452-9637

    54 Total Sales

    2 in Salem

    $265K - $486K Price Range

    Amanda Patterson
     Section Image

  • TH

    Tim Hash

    Responds Quickly

    MOUNTAIN CITY REALTY & AUCTION LLC

    (540) 240-9970

    70 Total Sales

    6 in Salem

    $150K - $340K Price Range

    Tim Hash
     Section Image
  • Christopher Kidd Carter Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Christopher Kidd Carter

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-1911

    156 Total Sales

    4 in Salem

    $170K - $670K Price Range

    Christopher Kidd Carter
     Section Image
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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
$623,000 Star City Title
$463,750 Preferred Settlement & Title
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
Previous Owner $305,000
Previous Owner $237,000
Previous Owner $75,000
Previous Owner $40,000
Previous Owner $372,000
Previous Owner $34,000
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
09/08/2025 09/08/25 Sold $623,000 -4.0% $137 / Sq Ft
08/20/2025 08/20/25 Pending -- -- --
08/12/2025 08/12/25 Price Changed $649,000 -3.8% $142 / Sq Ft
07/19/2025 07/19/25 Price Changed $674,900 -2.9% $148 / Sq Ft
05/30/2025 05/30/25 Price Changed $695,000 -4.1% $153 / Sq Ft
05/01/2025 05/01/25 Price Changed $724,950 -3.3% $159 / Sq Ft
04/11/2025 04/11/25 For Sale $749,900 -- $165 / 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 -- $550,300 $62,300 $488,000
2024 -- $537,600 $61,400 $476,200
2023 $6,025 $502,100 $58,900 $443,200
2022 $5,768 $480,700 $54,000 $426,700
2021 $5,557 $463,100 $51,500 $411,600
2020 $5,440 $453,300 $51,500 $401,800
2019 $5,352 $446,000 $51,500 $394,500
2018 $5,142 $435,800 $51,500 $384,300
2017 $5,095 $431,800 $51,500 $380,300
2016 $5,095 $431,800 $51,500 $380,300
2015 $5,146 $436,100 $52,500 $383,600
2014 $5,146 $436,100 $52,500 $383,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    J.c. Taylor

    YOUNG REALTY COMPANY

    (540) 397-2631

    109 Total Sales

    J.c. Taylor
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 915959

Roanoke Valley Association of REALTORS®

APN: 9-2-1

Virginia Salem City County Salem 24153

341 Penguin 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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