NOT LISTED FOR SALE

244 Dogwood Dr Penhook, VA 24137

Estimated Value: $357,000 - $427,000

0.5 Acre
$770,792 Price per Acre
21,780 Sq Ft Lot

Last Sold August 25, 2021

Last sale price $258,000

Est. 49% increase in value since last sale

Current estimated payment $2,120/month

72 Days on Market

Highlights

  • 118 Feet of Waterfront
  • 1 Dock Slip
  • No HOA
  • Gretna Elementary School Rated A-
  • Lake View
  • Gentle Sloping Lot

About This Lot

As of August 2021

A Beautiful Located in South Lake/Penhook in Pittsylvania County. Lakefront Lot! covered boat house with stationary and floater dock. Come build your dream home on this beautiful, gentle, park-like lot slope down to the water with rip rap shoreline. Soil work has been completed. Lot is ready to build on and buyer can connect to community water(shared community well). Buyer to install septic and hook up to water system. New powered Sea doo Lift on Dock, Dock does not have electric. Electric has been run to lot and there is a pole and meter in place. The lot will support a well and septic should new owners wish to drill a well.Lot has extra area for boat parking.

Last Agent to Sell the Property

Deborah Beran

DEB BERAN PROPERTIES License #0225040422 Listed on: 04/09/2021

Last Buyer's Agent

Diana Salyer

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225046633

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,194

Lot Details

  • 0.5 Acre Lot
  • 118 Feet of Waterfront
  • Property fronts a private road
  • Gentle Sloping Lot
  • Property is zoned R1

Schools

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

Additional Features

  • Lake Views
  • Mobile Home Allowed
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • No Home Owners Association

Recreation

  • Rip-Rap
  • 1 Dock Slip
  • Covered Dock

Property Details

Property Type

Land

Est. Annual Taxes

$1,194

Lot Details

0.5 Acres

Listing Details

  • Type: Land
  • Views: Lake
  • ElectricDescription: Other - See Remarks
  • Land Sub Type: Residential - Single Family
  • LengthOfWaterfront: 118.26
  • Major Area: 16 - Pittsylvania County
  • OtherWaterDetailsNbrOfCoveredSlips: 1
  • OtherWaterDetailsShorelineMgmtPlan: Yes
  • Hoa2 Or Poa: No
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: None
  • Water Description: Community System

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope
  • Total Acreage: 0.50
  • Lot: 2
  • Land Type: Lot
  • ZoningCode: R1

Green Features

  • Water Features: Cove, Riprap Shoreline

Tax Info

  • Taxes (6 mo): 1194.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2024
Sold by
Quinn Erik and Quinn Courtney
Bought by
Quinn Erik
Current Estimated Value
$385,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Outstanding Balance
$183,662
Interest Rate
8.38%
Mortgage Type
New Conventional
Estimated Equity
$201,734

Purchase Details

Listed on
Apr 9, 2021
Closed on
Aug 18, 2021
Sold by
Herrett Todd W and Herrett April L
Bought by
Quinn Erik and Quinn Courtney
Seller's Agent
Deborah Beran
DEB BERAN PROPERTIES
Buyer's Agent
Diana Salyer
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$268,000
Sold Price
$258,000
Premium/Discount to List
-$10,000
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$193,500
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 9, 2017
Sold by
Herrett Todd W and Herrett Apl L
Bought by
Herrett Todd W and Herrett April L

Purchase Details

Closed on
Mar 10, 2011
Sold by
Stellarone Bank
Bought by
Herrett Todd W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,875
Interest Rate
4.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Quinn Erik -- Best Title And Settlements
Quinn Erik $258,000 Anchor Title Sml Llc
Herrett Todd W -- None Available
Herrett Todd W $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinn Erik $186,000
Previous Owner Quinn Erik $193,500
Previous Owner Herrett Todd W $121,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $258,000 -3.7% --
06/20/2021 06/20/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $268,000 -- --
Source: Roanoke Valley Association of REALTORS®

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 $1,624 $290,000 $270,000 $20,000
2024 $1,624 $290,000 $270,000 $20,000
2023 $1,624 $290,000 $270,000 $20,000
2022 $1,194 $192,500 $180,000 $12,500
2021 $1,194 $192,500 $180,000 $12,500
2020 $1,194 $192,500 $180,000 $12,500
2019 $1,194 $192,500 $180,000 $12,500
2018 $1,194 $192,500 $180,000 $12,500
2017 $1,266 $192,500 $180,000 $12,500
2016 $1,269 $215,000 $200,000 $15,000
2015 $1,269 $215,000 $200,000 $15,000
2011 -- $265,500 $260,000 $5,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 878617

Roanoke Valley Association of REALTORS®

APN: 1563-44-5131

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