NOT LISTED FOR SALE

260 Silver Tee Dr Penhook, VA 24137

Estimated Value: $1,736,000 - $2,251,000

4 Beds
5.5 Baths
6,200 Sq Ft
$334/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $950,000 $153 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $11,424/month

131 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Golf Course Community
  • 2.1 Acre Lot
  • 1 Dock Slip
  • Lake View
  • Deck

About This Home

As of September 2020

The Waters Edge-Immaculate Custom Home with open living at its best. Main Floor with Great room, Spacious Kitchen, Dining Area and main floor Master with full Bath. 2 guest rooms with 2 full Baths. Oversize Laundry room. Covered porch for your enjoyment. Lower level completely renovated with SpaciousFamily/Game Room with Wet Bar, Home Theatre Room, Sub-Master Bedroom with Full Bath and Powder Bath, Hardwood Floors, Covered Patio overlooking lake. New heatpump in lower level.Triple car garage, brick paver walkway to dock. Includes an offwater lot adjacent to the property.

Last Agent to Sell the Property

Vicki Millehan

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225015182 Listed on: 04/01/2020

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Robert Waters, Jr

MKB, REALTORS(r) License #0225070288

MKB, REALTORS(r)

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $6,586

Year Built

  • Built in 2004

Lot Details

  • 2.1 Acre Lot
  • 100 Feet of Waterfront
  • Gentle Sloping Lot
  • Wooded Lot

Property Views

  • Lake
  • Golf Course

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Contemporary Architecture
  • Hardboard

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • French Doors

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 3 Car Attached Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Outdoor Features

  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 211 & 210

Community Details

Overview

  • No Home Owners Association
  • The Waters Edge Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$6,586

Year Built

Built in 2004

Lot Details

2.1 Acres

Listing Details

  • Interior Features: All Drapes, Breakfast Area, Cathedral Ceiling, Ceiling Fan, Walk-in-Closet
  • Heating System: Heat Pump Electric, Zoned Heat
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric, Zoned Cooling
  • Outside Features: Covered Porch, Deck, Patio, Paved Driveway
  • Views: Golf Course, Lake, Sunrise
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 3300.00
  • ExteriorDoors: French, Full View
  • FullBathsFullBathsLowerLvl: 2
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 100.00
  • LowerBelowGrdFin Sq Ft: 2900.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 3.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 3300
  • TotalBdrm: 4
  • TotalBths: 5.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 5
  • Total Finished Sq Ft: 6200.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 400.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Other
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 400.00
  • Water Class: Waterfront Property
  • WaterDetailsNumberCoveredSlips: 1
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • 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: Cable TV, Underground Util

Lot Info

  • Lot Description: Gentle Slope, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.10
  • Lot: 211 & 210

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 2004

Tax Info

  • Taxes (6 mo): 6586.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Sep 16, 2020
Sold by
Wenk C Montgomery C and Wenk Susan D
Bought by
Kohlhaas Kevin C and Kohlhaas Marianne K
Seller's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Robert Waters, Jr
MKB, REALTORS(r)
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Current Estimated Value
$2,073,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,123,630
Avg. Annual Appreciation
15.58%
Original Mortgage
$760,000
Outstanding Balance
$671,379
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,402,251

Purchase Details

Closed on
Jul 26, 2005
Sold by
Canale George A
Bought by
Wenk C Montgomery and Wenk Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.68%
Mortgage Type
Stand Alone Second
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
Kohlhaas Kevin C $950,000 Fidelity National Ttl Ins Co
Wenk C Montgomery $860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohlhaas Kevin C $760,000
Previous Owner Wenk C Montgomery $124,000
Previous Owner Wenk C Montgomery $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $950,000 -4.5% $153 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $995,000 -- $160 / 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 $8,890 $2,067,400 $210,000 $1,857,400
2024 $8,890 $2,067,400 $210,000 $1,857,400
2023 $6,040 $990,100 $195,000 $795,100
2022 $6,040 $990,100 $195,000 $795,100
2021 $6,040 $990,100 $195,000 $795,100
2020 $6,040 $990,100 $195,000 $795,100
2019 $6,336 $1,038,700 $230,000 $808,700
2018 $6,336 $1,038,700 $230,000 $808,700
2017 $5,713 $895,300 $230,000 $665,300
2016 $5,713 $895,300 $230,000 $665,300
2015 -- $895,300 $230,000 $665,300
2014 -- $895,300 $230,000 $665,300
2013 -- $895,300 $230,000 $665,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 868332

Roanoke Valley Association of REALTORS®

APN: 0510612600

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