NOT LISTED FOR SALE

224 Lakeside Ln Glade Hill, VA 24092

Estimated Value: $1,436,000 - $1,547,715

5 Beds
4.5 Baths
5,031 Sq Ft
$294/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $1,100,000 $219 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,547/month

42 Days on Market

Highlights

  • 220 Feet of Waterfront
  • Lake View
  • Living Room with Fireplace
  • 1 Dock Slip
  • Deck
  • Ranch Style House

About This Home

As of December 2021

Gorgeous custom built one owner waterfront home in prime Smith Mountain Lake location. 220' of Deep waterfront. Less than 10 miles to Westlake for shopping, dining, medical, fitness & more & Less than 10 miles to Rocky Mount VA too! Gorgeous lake views from almost every room. Two Master suites. Screen porch on entry, as well as a large deck with glass rails. Lower level covered patio. Entry level can be fully handicap accessible. (no steps even to shower) Lower level ceiling is 9.5', very bright and open. 3 zoned HVAC, 2 Hot Water heaters & generator. 2 fireplaces. Huge upper level office with large attic storage area. Chefs kitchen with prep sink, granite counters, gas stove, custom cabinets, wall oven, microwave with convection. Two laundry rooms. Easy walk to lake & more.

Last Agent to Sell the Property

Edna Jamieson

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225095624 Listed on: 09/17/2021

WAINWRIGHT & CO., REALTORS(r)- LAKE

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,559

Year Built

  • Built in 2006

Lot Details

  • 1.17 Acre Lot
  • 220 Feet of Waterfront
  • Gentle Sloping Lot
  • Garden

HOA Fees

  • $31 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Bookcases
  • Ceiling Fan
  • Gas Log Fireplace
  • Bay Window
  • French Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Storage
  • Lake Views
  • Alarm System

Kitchen

  • Built-In Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Rip-Rap
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Power Generator
  • Water Heater
  • High Speed Internet
  • Satellite Dish

Community Details

  • Ed Newman Association
  • Admirals Landing Subdivision

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,559

Year Built

Built in 2006

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Interior Features: Alarm, Book Shelves, Ceiling Fan, Gas Log Fireplace, Storage, Wet Bar
  • Heating System: Heat Pump Electric
  • Fireplace(s): Basement, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Generator, Microwave Oven (Built In), Range Gas, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Bay Window, Covered Porch, Deck, Garden Space, Gas Grill & Line, Patio, Paved Driveway
  • Views: Lake
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 2251.00
  • ExteriorDoors: French, Full View
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 2
  • Grand Total Attached S Q F T: 5031
  • HalfBathsHalfBathsLowerLvl: 1
  • Internet Access: DSL, Other, See Remarks
  • InternetAccessCurntInternetProv: Century Link DSL
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 220.00
  • LowerBelowGrdFin Sq Ft: 2052.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • MasterBedroomsMasterBRLowerLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Phone Email: eknewman@gmail.com
  • P O A Condo Contact Name: Ed Newman
  • POACondoDues: 375.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2021-10-29
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 2979
  • TotalBdrm: 5
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 5031.00
  • TotalHBaths: 1
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 728.00
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: Between B46 & B48
  • WaterDetailsNumberCoveredSlips: 1
  • Water Htr Energy: Other, see Remarks
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Other - See Remarks, Satellite Dish, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.17
  • Lot: 2
  • Phase: 1

Green Features

  • Water Features: Main Channel, Riprap Shoreline

Building Info

  • Year Built: 2006

Tax Info

  • Taxes (6 mo): 4558.53
  • FILLTAXID: 0460400200

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
Sep 17, 2021
Closed on
Dec 7, 2021
Sold by
English David J and English Donna M
Bought by
Stephen Cho-Yiu Sun Trust
Seller's Agent
Edna Jamieson
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,477,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,679
Avg. Annual Appreciation
7.92%
Original Mortgage
$880,000
Outstanding Balance
$816,359
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$635,230
Source: Public Records

Range of Values:

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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
Stephen Cho-Yiu Sun Trust $1,100,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephen Cho-Yiu Sun Trust $880,000
Previous Owner English David J $250,000
Previous Owner English David J $254,000
Previous Owner English David J $250,000
Previous Owner English David J $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $1,100,000 -8.3% $219 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $1,200,000 -- $239 / 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 $5,584 $1,298,500 $254,600 $1,043,900
2023 $4,559 $747,300 $217,600 $529,700
2022 $4,559 $747,300 $217,600 $529,700
2021 $4,559 $747,300 $217,600 $529,700
2020 $4,559 $747,300 $217,600 $529,700
2019 $4,441 $728,100 $217,600 $510,500
2018 $4,441 $728,100 $217,600 $510,500
2017 $4,005 $720,200 $205,000 $515,200
2016 $4,005 $720,200 $205,000 $515,200
2015 -- $720,200 $205,000 $515,200
2014 -- $720,200 $205,000 $515,200
2013 -- $720,200 $205,000 $515,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 883883

Roanoke Valley Association of REALTORS®

APN: 0460400200