NOT LISTED FOR SALE

255 Cross Tower Dr Penhook, VA 24137

Estimated Value: $1,792,000 - $2,209,000

5 Beds
4.5 Baths
6,556 Sq Ft
$308/Sq Ft Est. Value

Sale Details

Date Sold: February 16, 2021

Last sale price $1,250,000 $191 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $11,405 / mo

2 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Golf Course Community
  • Lake View
  • 2 Dock Slips
  • Spa
  • Heated Floors

About This Home

As of February 2021

Character abounds in this fabulous custom-constructed one-owner lakefront home being offered in the prestigious golf community of The Water's Edge. Enjoy wide water views from this home and dock situated in a quiet cove with deep water. Buyer's will appreciate the stacked stone full masonry fireplace, wood plank vaulted ceiling, Brazilian hardwood flooring and abundance of outdoor living space. A generously sized kitchen takes full advantage of views of SML. The master suite, located on the main level, enjoys a gas log fireplace and updated master bath with marble counters his and her vanities and water closet. Downstairs features a family room w/an additional stone fireplace, large wet bar and wine cellar with 1000+ bottle capacity. Four additional bedrooms and three baths allow ample

Last Agent to Sell the Property

Xan Pilgrim

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225239454 Listed on: 01/22/2021

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,240

Year Built

  • Built in 1992

Lot Details

  • 1.24 Acre Lot
  • 200 Feet of Waterfront
  • Cul-De-Sac
  • Wooded Lot
  • Garden
  • Property is zoned RPD

Home Design

  • Ranch Style House
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Wired For Sound
  • Bookcases
  • Ceiling Fan
  • Fireplace Features Masonry
  • Sliding Doors
  • Great Room with Fireplace
  • 3 Fireplaces
  • Sun or Florida Room
  • Heated Floors
  • Lake Views
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Basement

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

Parking

  • 2 Car Detached Garage
  • 6 Open Parking Spaces

Outdoor Features

  • Spa
  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 2 Dock Slips
  • Covered Dock
  • Deck
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 279-A

Community Details

Overview

  • No Home Owners Association
  • The Waters Edge Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,240

Year Built

Built in 1992

Lot Details

1.24 Acres

Listing Details

  • Interior Features: Audio-Video Wired, Book Shelves, Breakfast Area, Ceiling Fan, Masonry Fireplace, Walk-in-Closet, Wet Bar
  • Heating System: Heat Pump Electric, Heated Floor
  • Fireplace(s): Basement, Great Room, Master Bedroom
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Cook Top, Dishwasher, Disposer, Microwave Oven (Built In), Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Garden Space, Hot Tub, Paved Driveway, Sunroom
  • Views: Lake
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 3578.00
  • ExteriorDoors: Full View, Sliding
  • Fireplace Number Fireplaces: 3
  • FullBathsFullBathsLowerLvl: 3
  • HalfBathsHalfBathsEntryLvl: 1
  • InternetAccessCurntInternetProv: Direct TV
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 200.00
  • LowerBelowGrdFin Sq Ft: 2978.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 3578
  • TotalBdrm: 5
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 6556.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 6.00
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: B3
  • WaterDetailsNumberCoveredSlips: 2
  • 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, Rear Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cul-de-sac, Paved Road, Underground Util

Lot Info

  • Lot Description: Varied, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.24
  • Lot: 279-A
  • ZoningCode: RPD

Green Features

  • Water Features: Cove, Riprap Shoreline

Building Info

  • Year Built: 1992

Tax Info

  • Taxes (6 mo): 7240.09

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
Jan 22, 2021
Closed on
Jan 13, 2021
Sold by
Garrett Jerroldine C
Bought by
Devaney M Jay M and Devaney Amy S
Seller's Agent
Xan Pilgrim
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$2,018,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,960
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Jul 21, 2014
Sold by
Salus Charlene G and Salus Thomas
Bought by
Garrett John C and Garrett Jerroldine C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Devaney M Jay M $1,250,000 Anchor Title Sml Llc
Garrett John C -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $1,250,000 0.0% $191 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $1,250,000 -- $191 / Sq Ft
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 $9,289 $2,160,300 $391,100 $1,769,200
2024 $9,289 $2,160,300 $391,100 $1,769,200
2023 $7,437 $1,224,400 $386,100 $838,300
2022 $7,437 $1,219,200 $386,100 $833,100
2021 $7,437 $1,219,200 $386,100 $833,100
2020 $7,437 $1,219,200 $386,100 $833,100
2019 $7,240 $1,186,900 $386,100 $800,800
2018 $7,240 $1,186,900 $386,100 $800,800
2017 $6,528 $1,330,700 $480,000 $850,700
2016 $6,528 $1,330,700 $480,000 $850,700
2015 $7,186 $1,330,700 $480,000 $850,700
2014 $7,186 $1,330,700 $480,000 $850,700
2013 $7,186 $1,330,700 $480,000 $850,700
Source: Public Records

Agents Affiliated with this Home

  • Xan Pilgrim

    Seller's Agent in 2021

    Xan Pilgrim

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (828) 514-9086

    2 in this area

    62 Total Sales

    Xan Pilgrim
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 876492

Roanoke Valley Association of REALTORS®

APN: 0510904900

Virginia Franklin County Penhook 24137

255 Cross Tower 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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