NOT LISTED FOR SALE

266 Cool Branch Rd Penhook, VA 24137

Estimated Value: $855,261 - $911,000

4 Beds
3 Baths
3,046 Sq Ft
$289/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $430,000 $141 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,956/month

Highlights

  • 275 Feet of Waterfront
  • Deck
  • Cathedral Ceiling
  • 1 Dock Slip
  • Contemporary Architecture
  • Covered Patio or Porch

About This Home

As of October 2016

Beautiful custom home with cathedral ceilings, hardwoods and tile floors. Immaculate condition. Rental income producing property. Positioned on .67 acres with over 275 feet of waterfront. Enjoy relaxing near the lake around a beautiful firepit. There is a community boat dock for your enjoyment at the end of the street.

Last Agent to Sell the Property

Vicki Millehan

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225015182 Listed on: 04/12/2016

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Pamela Gabriel

RE/MAX LAKEFRONT REALTY INC License #0225086197

RE/MAX LAKEFRONT REALTY INC

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 2011

Lot Details

  • 0.67 Acre Lot
  • 275 Feet of Waterfront
  • Level Lot

Home Design

  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Doors

Kitchen

  • Built-In Oven
  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 4 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Personal Watercraft Lift
  • Party Deck
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 21

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,100

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Walk-in-Closet, Wet Bar
  • Heating System: Heat Pump Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Central Vacuum, Clothes Dryer, Clothes Washer, Microwave Oven (Built In), Range Electric, Refrigerator, Wall Oven
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Patio
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 2
  • EntryAboveGrdFin Sq Ft: 1523.00
  • ExteriorDoors: Full View, Insulated
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3046
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 275.00
  • LowerBelowGrdFin Sq Ft: 1523.00
  • Major Area: 16 - Pittsylvania County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2016-09-20
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubagentAuthorized: No
  • SubdivisionMap: Cool Branch
  • Total Above Grd Fin S Q F T: 1523
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3046.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Designated Spaces
  • Water Class: Waterfront Property
  • WaterDetailsNumberCoveredSlips: 1
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic - 4BR
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior, Paved Road, Satellite Dish, Underground Util

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.67
  • Lot: 21

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 2011

Tax Info

  • Taxes (6 mo): 2100.00
  • FILLTAXID: 1563-10-0816

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Oct 12, 2016
Sold by
Davenport Tony and Davenport Robin
Bought by
Graves Travis D and Graves Robin A
Seller's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Pamela Gabriel
RE/MAX LAKEFRONT REALTY INC
List Price
$464,000
Sold Price
$430,000
Premium/Discount to List
-$34,000
-7.33%
Current Estimated Value
$880,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,420
Avg. Annual Appreciation
8.06%
Original Mortgage
$295,000
Outstanding Balance
$236,983
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$621,506
Source: Public Records

Range of Values:

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Average Value
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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
Graves Travis D $430,000 Anchor Title Sml Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Travis D $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2016 10/24/16 Sold $430,000 -7.3% $141 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $464,000 -- $152 / 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
2025 $3,685 $615,800 $225,000 $390,800
2024 $3,685 $615,800 $225,000 $390,800
2023 $3,685 $658,000 $225,000 $433,000
2022 $2,868 $443,200 $150,000 $293,200
2021 $2,748 $443,200 $150,000 $293,200
2020 $2,748 $443,200 $150,000 $293,200
2019 $2,655 $443,200 $150,000 $293,200
2018 $2,655 $428,200 $150,000 $278,200
2017 $1,154 $428,200 $150,000 $278,200
2016 $2,307 $398,300 $150,000 $248,300
2015 $2,307 $391,100 $150,000 $241,100
2011 -- $152,800 $135,000 $17,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 825102

Roanoke Valley Association of REALTORS®

APN: 1563-10-0816