NOT LISTED FOR SALE

18 Flagstick Ct Penhook, VA 24137

Estimated Value: $822,133 - $1,353,000

4 Beds
3.5 Baths
2,562 Sq Ft
$383/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $615,000 $240 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,363/month

34 Days on Market

Highlights

  • Covered Dock
  • Water Access
  • Cul-De-Sac
  • On Golf Course
  • Screened Porch
  • 2 Car Attached Garage

About This Home

As of September 2021

Charming 4BR Home on the Golf Course in The Waters Edge. Comes with Deeded Boat Slip for Lake Access. Walking Distance to Lake and Clubhouse. Active Club Membership, 30K Initiation Fee. Enjoy Tee to Green Views of #2 Fairway and Horses Roaming in the Distance from Expansive Screened/Back Porch. Flat Corner Lot. Built by Willard Construction, Exceptional Quality, Extras Throughout. Great Floor Plan (Frank Betz - Colemans Bluff Plan) Main Level Master. Decorated as 5 Bedroom. Amenities in The Waters Edge Owned by McConnell Golf Group include Private Golf , Clubhouse with Fitness Center, Pool, Restaurant, Tennis, Equestrian Center. Group Social Activities for Both Adults and Children of All Ages. Come Experience the Best Lifestyle at The Lake- The Water's Edge.

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 07/06/2021

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Peter Roberts

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225098936

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 2006

Lot Details

  • 0.49 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Level Lot

Home Design

  • Stone Siding

Interior Spaces

  • 2,562 Sq Ft Home
  • Insulated Doors
  • Great Room with Fireplace
  • Screened Porch
  • Golf Course Views
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Water Access
  • Boat Hoist or Davit
  • Covered Dock

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 238A

Community Details

Overview

  • Property has a Home Owners Association
  • Scott Kula Wepoa Association
  • The Waters Edge Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Garage Door Opener, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Borders Golf Course, Other - See Remarks, Paved Driveway, Screened Porch
  • Views: Golf Course
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 2006.00
  • ExteriorDoors: Full View, Insulated
  • Fireplace Number Fireplaces: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Phone Email: wepoacontact@gmail.com
  • P O A Condo Contact Name: Scott Kula WEPOA
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Other - See Remarks
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 2562
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2562.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 556.00
  • WaterAccOnlyAAccessOnOffSite: Off Site
  • WaterAccOnlyADistanceToOffSite: .10 mile
  • Water Acc Only A Location Of Off Site Water Access: The Waters Edge Marina
  • WaterAccOnlyB: Deed/Assgn Dock
  • Water Class: Water Access Only
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Other - See Remarks, Underground Util

Lot Info

  • Lot Description: Level Lot, Other - See Remarks
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.49
  • Lot: 238A

Building Info

  • Year Built: 2006

Tax Info

  • Taxes (6 mo): 2000.00

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
Jul 6, 2021
Closed on
Aug 17, 2021
Sold by
Desimone John V and Desimone Linda T
Bought by
Maxwell David Scott and Maxwell Rhonda Kay
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Peter Roberts
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$645,000
Sold Price
$615,000
Premium/Discount to List
-$30,000
-4.65%
Current Estimated Value
$981,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,283
Avg. Annual Appreciation
11.95%
Original Mortgage
$492,000
Outstanding Balance
$446,706
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$534,577

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 6, 2021
Sold by
Desimone John V and Desimone Linda T
Bought by
Desimone John V and John V Desimone Living Trust
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Peter Roberts
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$645,000
Sold Price
$615,000
Premium/Discount to List
-$30,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Outstanding Balance
$446,706
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$534,577

Purchase Details

Closed on
Oct 18, 2006
Sold by
Willard Cons Of Roanoke Valley Inc
Bought by
Desimone Linda T
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
Maxwell David Scott $615,000 Fidelity National Ttl Ins Co
Maxwell David Scott $615,000 Fidelity National Title
Desimone John V -- None Available
Desimone John V -- None Available
Desimone Linda T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxwell David Scott $492,000
Closed Maxwell David Scott $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $615,000 -4.7% $240 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $645,000 -- $252 / 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 $2,726 $634,000 $75,000 $559,000
2023 $2,095 $343,500 $70,000 $273,500
2022 $2,095 $343,500 $70,000 $273,500
2021 $2,095 $343,500 $70,000 $273,500
2020 $2,095 $343,500 $70,000 $273,500
2019 $1,943 $318,600 $70,000 $248,600
2018 $1,943 $318,600 $70,000 $248,600
2017 $1,752 $341,400 $50,000 $291,400
2016 $1,752 $341,400 $50,000 $291,400
2015 $1,844 $341,400 $50,000 $291,400
2014 $1,844 $341,400 $50,000 $291,400
2013 $1,844 $341,400 $50,000 $291,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 881660

Roanoke Valley Association of REALTORS®

APN: 0510902700