NOT LISTED FOR SALE

370 Penguin Ln Salem, VA 24153

Estimated Value: $565,000 - $623,000

4 Beds
3 Baths
4,232 Sq Ft
$139/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $375,450 $89 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,375/month

36 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • No HOA
  • G.W. Carver Elementary School Rated 9+
  • Ranch Style House
  • Breakfast Area or Nook

About This Home

As of September 2020

SO SALEM and ready for you to call HOME with everything you need on ONE level offering spacious rooms, beautiful kitchen with Granite tops, open great room with vaulted ceiling, tons of storage space, plenty of space for all your entertaining in the basement with a wet bar and tons of cabinet space makes living in the basement a great option, all on a nice setting with a large deck for your outdoor living! All information is deemed reliable but not guaranteed and should be verified by buyer or buyer's agent. Keys and possession to be given to buyer after recording. Agents and Buyers please wear masks when viewing and touch as little as possible.

Last Agent to Sell the Property

Christy Crouch

RE/MAX ALL POINTS License #0225020100 Listed on: 07/16/2020

RE/MAX ALL POINTS

Co-Listed By

James Wray

REAL BROKER LLC - MCLEAN License #0225218725

Last Buyer's Agent

Grant Snyder

LONG & FOSTER - OAK GROVE License #0225224209

LONG & FOSTER - OAK GROVE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,696

Year Built

  • Built in 1994

Lot Details

  • 19,166 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned RSF

Home Design

  • Ranch Style House

Interior Spaces

  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Storage
  • Laundry on main level
  • Basement

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • No Home Owners Association

Amenities

  • Restaurant
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,696

Year Built

Built in 1994

Lot Details

0.44 Acres

Listing Details

  • Interior Features: Bookcases, Breakfast Area, Ceiling Fan(s), Fireplace Screen, Storage
  • Heating System: Heat Pump Gas
  • Fireplace(s): Gas Log, Living Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial, Walk-Out Access
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric
  • Cooling System: Central Air
  • Outside Features: Deck, Paved Driveway
  • Views: Mountain(s)
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 2232.00
  • ExteriorDoors: Fiberglass
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Xfinity
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 2000.00
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Winston Woods
  • Total Above Grd Fin S Q F T: 2232
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4232.00
  • TotalUnfin Sq Ft: 232.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 232.00
  • 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

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, In-Law Quarters, Paved Road, Underground Util

Lot Info

  • Lot Description: Cleared, Level
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.44
  • Lot: 1
  • ZoningCode: RSF

Building Info

  • Year Built: 1994

Tax Info

  • Taxes (6 mo): 4696.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 18, 2020
Sold by
Elmore Richard Lee and Elmore Lynne B
Bought by
Lawrence Mary M
Seller's Agent
Christy Crouch
RE/MAX ALL POINTS
Buyer's Agent
Grant Snyder
LONG & FOSTER - OAK GROVE
List Price
$374,950
Sold Price
$375,450
Premium/Discount to List
$500
0.13%
Current Estimated Value
$586,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,993
Avg. Annual Appreciation
8.46%
Original Mortgage
$100,000
Outstanding Balance
$88,743
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$497,700
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

Date Buyer Sale Price Title Company
Lawrence Mary M $375,450 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Mary M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $375,450 +0.1% $89 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $374,950 -- $89 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

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 $2,902 $491,900 $64,200 $427,700
2024 $2,741 $456,900 $63,200 $393,700
2023 $5,179 $431,600 $60,700 $370,900
2022 $4,891 $407,600 $55,600 $352,000
2021 $4,858 $404,800 $53,100 $351,700
2020 $4,766 $397,200 $53,100 $344,100
2019 $4,697 $391,400 $53,100 $338,300
2018 $4,660 $394,900 $53,100 $341,800
2017 $4,621 $391,600 $53,100 $338,500
2016 $4,621 $391,600 $53,100 $338,500
2015 $4,556 $386,100 $52,500 $333,600
2014 $4,556 $386,100 $52,500 $333,600
Source: Public Records

Agents Affiliated with this Home

  • Christy Crouch

    Seller's Agent in 2020

    Christy Crouch

    RE/MAX

    (540) 312-0085

    63 in this area

    497 Total Sales

    Christy Crouch
    Section Image
  • James Wray

    Seller Co-Listing Agent in 2020

    James Wray

    REAL BROKER LLC - MCLEAN

    (540) 761-6442

    20 in this area

    151 Total Sales

    James Wray
    Section Image

  • G

    Buyer's Agent in 2020

    Grant Snyder

    LONG & FOSTER - OAK GROVE

    (540) 797-8396

    9 in this area

    111 Total Sales

    Grant Snyder
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 871356

Roanoke Valley Association of REALTORS®

APN: 19-1-3.1

Virginia Salem City County Salem 24153

370 Penguin Ln, Salem, VA

Not Listed for Sale

Detached

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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