NOT LISTED FOR SALE

2128 Morgans Fork Rd Penhook, VA 24137

Estimated Value: $600,839 - $840,000

5.95 Acres
$117,260 Price per Acre
259,095 Sq Ft Lot

Last Sold February 17, 2012

Last sale price $168,500 $363 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $3,819/month

383 Days on Market

Highlights

  • Lake Front
  • Partially Wooded Lot
  • Views
  • 259,095 Sq Ft lot

About This Lot

As of February 2012

Your own piece of paradise on Smith Mountain Lake. No restrictions or home owners dues! Great building site. 5.9 level acres partially wooded for privacy. Approx. 300 foot water frontage and small dock already in place. Paved road frontage and walking distance to Palmers Marina.

Last Agent to Sell the Property

Lindsey Puckett

Four Rivers Realty, LLC Brokerage Phone: 2766945044 License #0225196695 Listed on: 01/28/2011

Last Buyer's Agent

Non Member

Non-Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,934

Lot Details

  • 5.95 Acre Lot
  • Lake Front
  • Partially Wooded Lot
  • Property is zoned A-1 Agr

Utilities

  • Well
  • Septic Tank

Additional Features

  • Property Views

Community Details

  • Smith Mt Lake Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,934

Lot Details

0

Listing Details

  • Property Sub Type: Land
  • Prop. Type: Land
  • Lot Size: 5.948
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Smith Mt Lake
  • Directions: From Martinsville, take Figsboro Rd (Rt. 108) crossing into Franklin County. Go to end of road approx. 20 miles. At stop sign, take a left onto 40 West. Turn right onto Morgans Fork Road. Go approx 2 miles- property on right at sign. Cable across driveway.
  • Attribution Contact: 2766945044
  • Special Features: None

Exterior Features

  • Lot Features: Land, Partially Wooded, Views
  • Waterfront Features: Waterfront, Lake
  • Waterfront: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Other
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 259094.88
  • Zoning: A-1 Agr
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2011
Closed on
Feb 17, 2012
Sold by
Craddock Paul A and Craddock Delphine
Bought by
Weller Glenn M and Weller Emogene L
Seller's Agent
Lindsey Puckett
Four Rivers Realty, LLC
Buyer's Agent
Non Member
Non-Member
List Price
$168,500
Sold Price
$168,500
Current Estimated Value
$697,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,960
Avg. Annual Appreciation
10.93%
Original Mortgage
$126,000
Outstanding Balance
$86,488
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$610,972
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Weller Glenn M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weller Glenn M $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $168,500 0.0% $363 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
01/28/2011 01/28/11 For Sale $168,500 -- $363 / Sq Ft
Source: Martinsville, Henry & Patrick Counties 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 $1,934 $449,700 $132,700 $317,000
2023 $1,913 $313,600 $125,700 $187,900
2022 $1,885 $309,000 $125,700 $183,300
2021 $1,885 $309,000 $125,700 $183,300
2020 $1,885 $309,000 $125,700 $183,300
2019 $1,792 $293,800 $125,700 $168,100
2018 $1,792 $293,800 $125,700 $168,100
2017 $1,616 $292,900 $125,700 $167,200
2016 $1,616 $292,900 $125,700 $167,200
2015 -- $292,900 $125,700 $167,200
2014 -- $120,900 $120,700 $200
2013 -- $120,900 $120,700 $200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lindsey Puckett

    Four Rivers Realty, LLC

    (276) 732-6544

    99 Total Sales

    Lindsey Puckett
    Section Image

  • N

    Buyer's Agent in 2012

    Non Member

    Non-Member

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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 122510

APN: 0670001701

Virginia Franklin County Penhook 24137

2128 Morgans Fork Rd, Penhook, VA

This home is located at 2128 Morgans Fork Rd, Penhook, VA 24137 since 28 January 2011 and is currently estimated at $697,460, approximately $1,503 per square foot. 2128 Morgans Fork Rd 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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