NOT LISTED FOR SALE

164 Emerald Point Penhook, VA 24137

Estimated Value: $58,687 - $1,129,000

0.47 Acre
$1,033,345 Price per Acre
20,473 Sq Ft Lot

Last Sold February 03, 2017

Last sale price $65,000 $3 Per Sq Ft

Est. 647% increase in value since last sale

Current estimated payment $2,582/month

385 Days on Market

About This Lot

As of February 2017

Half acre lot on the top of the ridge overlooking Smith Mountain Lake with a 2 bedroom 2 bath 14x72 singlewide trailer located on the property. Seller has the title to the trailer and will transfer ownership to the buyer of the property. Property has a walking easement to the lake and is located next to a Marina with a boat ramp and docks available for a fee. There is a canopy for your boat, gazebo and a storage building include with the sale. $100 fee covers water fee from community well.

Last Agent to Sell the Property

Jimmy Miller

John Stewart Walker, Inc License #0225201733 Listed on: 11/23/2015

Last Buyer's Agent

Jimmy Miller

John Stewart Walker, Inc License #0225201733 Listed on: 11/23/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $209

Lot Details

  • 0.47 Acre Lot

HOA Fees

  • $8 Monthly HOA Fees

Schools

  • Gretna Elementary School
  • Gretna Midl Middle School
  • Gretna High School

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 26-A-20-F

Community Details

Overview

  • Association fees include road maintenance

Recreation

  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$209

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • FILLACRES: 0.4700
  • AssocFeeOptional: No
  • BuildingOnProperty: Workshop
  • Directions: From Gretna take Rt 40w to Rt 626 on the right. Follow 626 to Lakeside Rd on left. Turn right on Emerald Point to property on right.
  • ElementarySchool10: Gretna Elem
  • HighSchool10: Gretna High
  • Lot Measurement: Acres
  • Lot Sq Ft: 20473.00
  • MiddleSchool10: Gretna Midl
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: Doublewides Allowed, Mobiles Allowed, Modulars Allowed
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 26-A-20-F
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Road Frnt Prvt Paved
  • Accessible Transportation: Privately Maintained
  • Broker Approved: Yes
  • Legal Description: 0.47ac being part of the John M and Doris E Hart property on Smith Mountain Lake west of Rt. 626
  • Reciprocal Listing: No

Exterior Features

  • Topography: Est 1 Bldg Site

Utilities

  • Utilities: ElectricityAvailable, Septic System, Well Exists

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Road Maintenance
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 100.00

Schools

  • School District: Pittsylvania

Lot Info

  • Best Use: Current Existing
  • Current Use: Residential

Tax Info

  • Estimated Taxes: 209

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
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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

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2017 02/03/17 Sold $65,000 -34.9% $3 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $99,900 -- $5 / Sq Ft
Source: Lynchburg 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 $260 $46,400 $35,000 $11,400
2024 $260 $46,400 $35,000 $11,400
2023 $260 $46,400 $35,000 $11,400
2022 $377 $41,400 $35,000 $6,400
2021 $257 $41,400 $35,000 $6,400
2020 $257 $41,400 $35,000 $6,400
2019 $257 $41,400 $35,000 $6,400
2018 $257 $41,400 $35,000 $6,400
2017 $209 $41,400 $35,000 $6,400
2016 $209 $35,400 $30,000 $5,400
2015 $104 $35,400 $30,000 $5,400
2011 -- $35,400 $30,000 $5,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 295481

APN: 1563-21-3447