NOT LISTED FOR SALE

1540 Listening Hill Rd Unit & 1704 Penhook, VA 24137

Estimated Value: $636,000 - $1,354,000

6 Beds
7 Baths
5,205 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $1,490,000 $286 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $6,097/month

133 Days on Market

Highlights

  • 5,083 Feet of Waterfront
  • Horses Allowed On Property
  • Heated Floors
  • Barn
  • River View
  • 175.63 Acre Lot

About This Home

As of May 2021

One of Franklin County's finest horse farms is on the market! This gorgeous Country Estate has 2 Homes: completely remodeled & updated country-Manor home plus a 2013 low-maintenance one-level foreman's home to care-for & work the Ranch. Nice almost-new Morton 4 stalls/tack & feed rooms with 1/2 BA, in horse Barn; Morton 22x28 Art/Hobby Studio w/pine beams on cathedral ceiling; Morton Hay storage/Maintenance 30x48 Tractor Barn; rustic early 1900's wooden cowboy cabin; numerous horse run-ins; wood-shed barn, & a fully fenced ARENA riding ring, & multiple gated/fenced pastures, dot the landscape. There are 4 stocked Ponds, and 175 acres of great hunting, on gently rolling, mostly pasture land with tobacco barns & some woods, bordering over 3000' feet on the Pigg River with a sandy swim-beach!

Last Agent to Sell the Property

REG ANDERSON

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225058223 Listed on: 10/27/2020

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,295

Year Built

  • Built in 1950

Lot Details

  • 175.63 Acre Lot
  • 5,083 Feet of Waterfront
  • Cleared Lot
  • Wooded Lot
  • Garden

Property Views

  • River
  • Mountain

Home Design

  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • Wired For Sound
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • French Doors
  • Insulated Doors
  • Great Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Sun or Florida Room
  • Storage
  • Laundry on main level
  • Heated Floors
  • Partial Basement
  • Alarm System

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Parking

  • 3 Car Detached Garage
  • 50 Open Parking Spaces

Outdoor Features

  • Pond
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Zoned Cooling
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Power Generator
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,295

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Interior Features: Alarm, Audio-Video Wired, Cathedral Ceiling, Ceiling Fan, Masonry Fireplace, Storage, Walk-in-Closet
  • Heating System: Ductless, Heat Pump Electric, Heated Floor
  • Fireplace(s): Dining Room, Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Dishwasher, Generator, Other - See Remarks, Range Gas, Refrigerator, Wall Oven
  • Cooling System: Ductless, Heat Pump Electric, Zoned Cooling
  • Outside Features: Barn, Covered Porch, Garden Space, Other - See Remarks, Storage Shed, Sunroom
  • Views: Mountain, River, Sunrise, Sunset
  • AddlCoveredPrkng: Garage Detached
  • BedroomsBREntryLevel: 4
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 2210.00
  • ExteriorDoors: French, Insulated
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 3
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 5977
  • HalfBathsHalfBathsEntryLvl: 1
  • HalfBathsHalfBathsOtherLvl: 1
  • Internet Access: DSL
  • InternetAccessCurntInternetProv: Verizon Hotspot
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 5083.00
  • LowerBelowGrdFin Sq Ft: 150.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 2
  • NumberAddCovSpaces: 2.00
  • NumberPrimCovSpaces: 1.00
  • OtherAboveGrdFin Sq Ft: 1680.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2021-03-09
  • Residential Type: Detached
  • Style Of House: Other - See Remarks
  • Total Above Grd Fin S Q F T: 5055
  • TotalBdrm: 6
  • TotalBths: 5.20
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 5
  • Total Finished Sq Ft: 5205.00
  • TotalHBaths: 2
  • TotalUnfin Sq Ft: 772.00
  • UncoveredNumberSpaces: 50.00
  • Uncovered Parking: Other
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 772.00
  • UpperAboveGrdFin Sq Ft: 1165.00
  • WaterAccOnlyAAccessOnOffSite: On Site
  • Water Class: Waterfront Property
  • WaterDetailsRiverOrOther: 3021
  • Water Htr Energy: Electric
  • WaterID: River or Other
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted, In-Law Quarters, Other - See Remarks, Pond

Schools

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

Lot Info

  • Lot Description: Cleared, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 175.63

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 5295.00
  • FILLTAXID: 0690002000 & 0690002001

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2025
Sold by
Olinger Christopher Ross and Anne-Marie Le
Bought by
Sunset Hollow Farms Llc
Current Estimated Value
$1,081,372

Purchase Details

Listed on
Oct 27, 2020
Closed on
Apr 30, 2021
Sold by
Jacoby Jennifer M and Jacoby Lewis P
Bought by
Olinger Christopher Ross and Olinger Anne Marie
Seller's Agent
REG ANDERSON
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$1,600,000
Sold Price
$1,490,000
Premium/Discount to List
-$110,000
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.00%
Original Mortgage
$1,192,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 8, 2011
Sold by
Scott David W and Shapiro Elaine P
Bought by
Jacoby Jennifer M and Jacoby Lewis P
Source: Public Records

Range of Values:

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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
Sunset Hollow Farms Llc -- None Listed On Document
Olinger Christopher Ross $1,490,000 Fidelity National Ttl Ins Co
Jacoby Jennifer M $670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olinger Christopher Ross $1,192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Sold $1,490,000 -6.9% $286 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
10/27/2020 10/27/20 For Sale $1,600,000 -- $307 / 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
2024 $4,098 $953,000 $352,300 $600,700
2023 $3,727 $852,100 $367,300 $484,800
2022 $3,727 $852,100 $367,300 $484,800
2021 $3,727 $852,100 $367,300 $484,800
2020 $3,727 $852,100 $367,300 $484,800
2019 $3,493 $813,800 $367,300 $446,500
2018 $3,151 $757,600 $367,300 $390,300
2013 -- $727,400 $461,600 $265,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    REG ANDERSON

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 297-4111

    104 Total Sales

    REG ANDERSON
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member Transaction Agent

    Non-Member Transaction Office

See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 874616

Roanoke Valley Association of REALTORS®

APN: 0690002000

Virginia Franklin County Penhook 24137

1540 Listening Hill Rd Unit & 1704, Penhook, VA

This home is located at 1540 Listening Hill Rd Unit & 1704, Penhook, VA 24137 since 27 October 2020 and is currently estimated at $1,081,372, approximately $207 per square foot. This property was built in 1950. 1540 Listening Hill Rd Unit & 1704 is a home located in Franklin County with nearby schools including Glade Hill Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

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