NOT LISTED FOR SALE

205 Mountain Shore Dr Penhook, VA 24137

Penhook Area

Estimated Value: $1,699,000 - $2,116,000

4 Beds
4.5 Baths
3,396 Sq Ft
$544/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2020

Last sale price $950,000 $280 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $10,717 / mo

132 Days on Market

Highlights

  • 217 Feet of Waterfront
  • On Golf Course
  • Lake View
  • Docks
  • Spa
  • Den with Fireplace

About This Home

As of June 2020

This listing is in the prestigious Waters Edge subdivision and includes an additional interior lot (not adjacent to home) and close to boat launch. Home and lot come with golf membership ($30,000 membership transfer fee), and all furnishings, right down to the silverware. House has incredible views from almost every room and has completely been remodeled and updated. The lower level has an amazing bar and includes the pool table. Hot Tub conveys. Just bring your clothes and relax in this amazing home with some of the most gorgeous views of the Lake! This one won't last long. 33' Sea Ray and 2 Sea-Doo's also available to buyer only at a price well below market value.

Last Agent to Sell the Property

June Smith

LEGACY REALTY AND DEVELOPMENT LLC License #0225041629 Listed on: 01/13/2020

Last Buyer's Agent

Tony Seifred

MKB, REALTORS(r) - AT THE LAKE License #0225082689

MKB, REALTORS(r) - AT THE LAKE

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
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1994

Lot Details

  • 21,780 Sq Ft Lot
  • 217 Feet of Waterfront
  • On Golf Course
  • Lot Sloped Down
  • Cleared Lot

HOA Fees

  • $2 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Den with Fireplace
  • Storage
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet

Basement

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

Home Security

  • Alarm System
  • Storm Doors

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Dock has a Storage Area
  • Docks
  • Balcony
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 389

Community Details

Overview

  • The Waters Edge Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,500

Year Built

Built in 1994

Lot Details

0.5 Acres

HOA Fees

$2 per month

Listing Details

  • Interior Features: Alarm, Cathedral Ceiling, Gas Log Fireplace, Hot Tub, Storage, Walk-in-Closet, Wet Bar
  • Heating System: Heat Pump Electric
  • Fireplace(s): Den
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Cook Top, Dishwasher, Garage Door Opener, Range Gas, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Balcony, Borders Golf Course, Hot Tub, Paved Driveway
  • Views: Lake, Mountain
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1698.00
  • ExteriorDoors: Insulated Storm
  • FullBathsFullBathsLowerLvl: 2
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 217.00
  • LowerBelowGrdFin Sq Ft: 1398.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRUpperLvl: 1
  • POACondoDues: 20.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1998
  • TotalBdrm: 4
  • TotalBths: 4.10
  • TotalFBaths: 4
  • Total Finished Sq Ft: 3396.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 300.00
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic - 4BR
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Furnished, Other - See Remarks

Lot Info

  • Lot Description: Cleared, Down Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.50
  • Lot: 389
  • Phase: 1

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 1994

Tax Info

  • Taxes (6 mo): 5500.00

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Jun 19, 2020
Sold by
Bought by
Seller's Agent
June Smith
LEGACY REALTY AND DEVELOPMENT LLC
Buyer's Agent
Tony Seifred
MKB, REALTORS(r) - AT THE LAKE
List Price
$999,900
Sold Price
$950,000
Premium/Discount to List
-$49,900
-4.99%
Current Estimated Value
$1,846,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$896,825
Avg. Annual Appreciation
11.40%
Original Mortgage
$480,000
Outstanding Balance
$416,921
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,429,904

Purchase Details

Closed on
Dec 20, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Penhook, VA

  • Rick Smith Real Estate Agent - MKB, REALTORS(r) - AT THE LAKE

    Rick Smith

    MKB, REALTORS(r) - AT THE LAKE

    (540) 590-5755

    76 Total Sales

    1 in Penhook

    $1,200,000 Price

    Rick Smith
     Section Image
  • Charlene Jones Real Estate Agent - Re/Max Lakefront Realty

    Charlene Jones

    Re/Max Lakefront Realty

    (540) 698-4928

    181 Total Sales

    5 in Penhook

    $200K - $1.5M Price Range

    Charlene Jones
     Section Image
  • Billy Kingery Real Estate Agent - MOUNTAIN TO LAKE REALTY

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 590-5830

    373 Total Sales

    1 in Penhook

    $350,000 Price

    Billy Kingery
     Section Image
  • Dawn Lambert Real Estate Agent - EXP REALTY LLC - SML

    Dawn Lambert

    EXP REALTY LLC - SML

    (540) 787-2817

    124 Total Sales

    1 in Penhook

    $1,800,000 Price

    Dawn Lambert
     Section Image
  • Adam Lynch Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Adam Lynch

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 590-5647

    62 Total Sales

    3 in Penhook

    $160K - $1.8M Price Range

    Adam Lynch
     Section Image
  • Dana Montgomery Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Dana Montgomery

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 900-1958

    81 Total Sales

    3 in Penhook

    $765K - $3.3M Price Range

    Dana Montgomery
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$950,000 None Available
$843,200 None Available
$1,200,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $480,000
Previous Owner $185,000
Previous Owner $960,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $950,000 -5.0% $280 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $999,900 -- $294 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,013 $1,631,000 $382,000 $1,249,000
2024 $7,013 $1,631,000 $382,000 $1,249,000
2023 $5,671 $929,700 $361,300 $568,400
2022 $5,671 $929,700 $361,300 $568,400
2021 $5,671 $929,700 $361,300 $568,400
2020 $5,671 $929,700 $361,300 $568,400
2019 $5,574 $913,800 $380,000 $533,800
2018 $5,574 $913,800 $380,000 $533,800
2017 $5,026 $854,500 $320,000 $534,500
2016 $5,026 $854,500 $320,000 $534,500
2015 -- $854,500 $320,000 $534,500
2014 -- $854,500 $320,000 $534,500
2013 -- $1,015,400 $355,000 $660,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    June Smith

    LEGACY REALTY AND DEVELOPMENT LLC

    (804) 402-3725

    66 Total Sales

    June Smith
    Section Image
  • Tony Seifred Real Estate Agent - MKB, REALTORS(r) - AT THE LAKE

    Buyer's Agent in 2020

    Tony Seifred

    MKB, REALTORS(r) - AT THE LAKE

    (540) 330-4402

    85 Total Sales

    Tony Seifred
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 865922

Roanoke Valley Association of REALTORS®

APN: 0510915500

Virginia Franklin County Penhook 24137

205 Mountain Shore Dr, Penhook, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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