Seller's Agent in 2022
Wil Childress
LAKE RETREAT PROPERTIES INC.
(540) 312-7002
174 Total Sales
108 Island Ln Huddleston, VA 24104
Estimated Value: $1,023,000 - $1,160,175
3
Beds
2
Baths
2,448
Sq Ft
$437/Sq Ft
Est. Value
Highlights
- 310 Feet of Waterfront
- Lake View
- Contemporary Architecture
- 1 Dock Slip
- Deck
- Family Room with Fireplace
About This Home
As of December 2022Island Lane on Smith Mountain Lake is home to some of the best views & this contemporary brings it all out to play! Unbelievable lake & mountain views, southern exposure, miles of water surrounding this property & a wide, private lot make this the ideal lake property! Enjoy a front row seat to the 4th of July fireworks show. Over 300' of pristine waterfront which allows for the larger 3 slip maximum dock. Being sold Turn-Key minus some items. Main level features an attractive foyer & staircase which acts as the divider between the great room & kitchen/dining areas, all of which are open to the beautiful views provided by the many windows & doors. A lakeside bedroom also shares this gorgeous view & one full bathroom complete the entry level.
Last Agent to Sell the Property
LAKE RETREAT PROPERTIES INC. License #0225189859 Listed on: 09/29/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,825
Year Built
- Built in 1979
Lot Details
- 0.77 Acre Lot
- 310 Feet of Waterfront
- Property fronts a private road
- Gentle Sloping Lot
- Garden
- Property is zoned R1
Property Views
- Lake
- Mountain
Home Design
- Contemporary Architecture
Interior Spaces
- Cathedral Ceiling
- Ceiling Fan
- Fireplace Features Masonry
- Drapes & Rods
- Insulated Doors
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
Kitchen
- Electric Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Rip-Rap
- Dock has a Storage Area
- 1 Dock Slip
- Covered Dock
- Deck
- Shed
- Front Porch
Schools
- Huddleston Elementary School
- Staunton River Middle School
- Staunton River High School
Utilities
- Heat Pump System
- Tankless Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 3 & 3A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2022
Closed on
Dec 27, 2022
Sold by
Sigman Joint Trust
Bought by
Jbn Investments Llc
Seller's Agent
Wil Childress
LAKE RETREAT PROPERTIES INC.
Buyer's Agent
Grace Culbreth
LAKE HOMES REALTY, LLC
List Price
$1,075,000
Sold Price
$1,000,000
Premium/Discount to List
-$75,000
-6.98%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,725
Avg. Annual Appreciation
2.51%
Original Mortgage
$300,000
Outstanding Balance
$291,053
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$777,672
Purchase Details
Closed on
Apr 7, 2021
Sold by
Sigman Robert W and Sigman Susanne S
Bought by
Sigman Robert William and Sigman Suzanne Sarver
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,250
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jbn Investments Llc | $1,000,000 | First American Title | |
| Sigman Robert William | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jbn Investments Llc | $300,000 | |
| Previous Owner | Sigman Robert William | $449,250 | |
| Previous Owner | Sigman Robert W | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | $1,000,000 | -7.0% | $408 / Sq Ft |
| 11/19/2022 11/19/22 | Pending | -- | -- | -- |
| 09/29/2022 09/29/22 | For Sale | $1,075,000 | -- | $439 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $3,979 | $970,400 | $750,000 | $220,400 |
| 2024 | $3,979 | $970,400 | $750,000 | $220,400 |
| 2023 | $3,979 | $485,200 | $0 | $0 |
| 2022 | $2,825 | $282,450 | $0 | $0 |
| 2021 | $2,825 | $564,900 | $380,000 | $184,900 |
| 2020 | $2,825 | $564,900 | $380,000 | $184,900 |
| 2019 | $2,825 | $564,900 | $380,000 | $184,900 |
| 2018 | $2,757 | $530,200 | $340,000 | $190,200 |
| 2017 | $2,757 | $530,200 | $340,000 | $190,200 |
| 2016 | $2,757 | $530,200 | $340,000 | $190,200 |
| 2015 | $2,757 | $530,200 | $340,000 | $190,200 |
| 2014 | $3,512 | $675,300 | $472,500 | $202,800 |
Source: Public Records
Agents Affiliated with this Home
-
Wil Childress
-
Grace Culbreth
G
Buyer's Agent in 2022
Grace Culbreth
LAKE HOMES REALTY, LLC
(540) 797-7268
3 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 893335
APN: 257C3-4-3
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