NOT LISTED FOR SALE

130 Lands End Rd Penhook, VA 24137

Estimated Value: $1,779,000 - $1,988,383

3 Beds
3.5 Baths
4,419 Sq Ft
$436/Sq Ft Est. Value

Last Sold May 11, 2016

Last sale price $900,000 $204 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $10,693/month

79 Days on Market

Highlights

  • 268 Feet of Waterfront
  • Golf Course Community
  • Deck
  • Floating Dock
  • Lake View
  • Contemporary Architecture

About This Home

As of May 2016

KNOCK OUT VIEWS from this immaculate custom built lakefront home. Ideally located in one of the lake's most sought after communities, The Water's Edge. Situated on a point lot at the end of a cul-de-sac offering long pleasing wide water views while still maintaining plenty of privacy. Impeccably kept. Attached four car garage plus additional space for parking is a premium not found in other homes. Mature well cared for landscaping inc hardscapes geared for entertaining. Airy relaxed floorplan. Kick back w coffee in Florida Room overlooking lake and Peaks of Otter. Retreat to lower level family room w handcrafted wetbar & billiards to retire & get comfortable. Numerous areas in/out just right for taking in the views. Living area, master, office, dining area, laundry & kitchen located on

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 01/13/2016

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 01/13/2016

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $5,773

Year Built

  • Built in 1995

Lot Details

  • 0.44 Acre Lot
  • 268 Feet of Waterfront
  • Cul-De-Sac
  • Gentle Sloping Lot

Parking

  • 4 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Contemporary Architecture
  • Brick Exterior Construction
  • Dryvit Stucco

Interior Spaces

  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Gas Log Fireplace
  • French Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Sun or Florida Room
  • Attic Fan
  • Alarm System

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Personal Watercraft Lift
  • Rip-Rap
  • Dock has a Storage Area
  • Floating Dock
  • Covered Dock
  • Deck
  • Patio
  • Outdoor Gas Grill
  • Front Porch

Schools

  • Glade Hill Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Zoned Heating
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 131

Community Details

Overview

  • No Home Owners Association
  • The Waters Edge Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$5,773

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Interior Features: Alarm, Attic Fan, Audio-Video Wired, Gas Log Fireplace, Wet Bar
  • Heating System: Heat Pump Electric, Zoned Heat
  • Fireplace(s): Living Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Central Vacuum, Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Disposer, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Gas Grill & Line, Patio, Paved Driveway, Sunroom
  • Views: Lake, Mountain, Sunrise
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 2340.00
  • ExteriorDoors: French, Full View
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 2
  • HalfBathsHalfBathsEntryLvl: 1
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 268.00
  • LowerBelowGrdFin Sq Ft: 2079.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 4.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 2340
  • TotalBdrm: 3
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 4.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4419.00
  • TotalHBaths: 1
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Maint-Free Exterior, Satellite Dish, Underground Util

Lot Info

  • Lot Description: Gentle Slope, Other - See Remarks
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.44
  • Lot: 131

Green Features

  • Water Features: Point, Riprap Shoreline

Building Info

  • Year Built: 1995

Tax Info

  • Taxes (6 mo): 5773.00

MLS Schools

  • Elementary School: Glade Hill
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2016
Closed on
May 10, 2016
Sold by
Garrison Jerry M and Garrison Sandra L
Bought by
Miravi Michael M and Dimare Jennifer K
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$998,500
Sold Price
$900,000
Premium/Discount to List
-$98,500
-9.86%
Current Estimated Value
$1,925,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,025,096
Avg. Annual Appreciation
8.19%
Original Mortgage
$765,000
Outstanding Balance
$602,457
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,322,639
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Miravi Michael M $900,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miravi Michael M $765,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2016 05/11/16 Sold $900,000 -9.9% $204 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $998,500 -- $226 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $7,636 $1,775,800 $418,000 $1,357,800
2024 $7,636 $1,775,800 $418,000 $1,357,800
2023 $6,038 $989,900 $365,000 $624,900
2022 $6,038 $989,900 $365,000 $624,900
2021 $6,038 $989,900 $365,000 $624,900
2020 $6,004 $989,900 $365,000 $624,900
2019 $5,389 $883,400 $380,000 $503,400
2018 $5,389 $883,400 $380,000 $503,400
2017 $4,859 $1,069,000 $455,000 $614,000
2016 $4,859 $1,069,000 $455,000 $614,000
2015 $5,773 $1,069,000 $455,000 $614,000
2014 $5,773 $1,069,000 $455,000 $614,000
2013 $5,773 $1,069,000 $455,000 $614,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 822169

Roanoke Valley Association of REALTORS®

APN: 0510703600