NOT LISTED FOR SALE

2790 Waters Edge Dr Penhook, VA 24137

Estimated Value: $1,473,031 - $1,730,000

6 Beds
3.5 Baths
3,222 Sq Ft
$498/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $740,000 $230 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $9,042/month

Highlights

  • 133 Feet of Waterfront
  • Golf Course Community
  • Public Beach
  • 1 Dock Slip
  • Stables
  • Lake View

About This Home

As of June 2017

Terrific location in The Water's Edge on Smith Mountain Lake. Situated on a wide cove with big water views, this charming home is a perfect lake retreat. Upgraded kitchen with Viking appliances and granite countertops, everything you need on the main floor, plus a walkout lower level with plenty of room for family and friends with a brand new lower level bathroom. Enjoy the lake on the upper level deck, the lake level covered patio, or take the short walk with no steps to the beautiful beach and dock.

Last Agent to Sell the Property

Debbie Shelton

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225083584 Listed on: 11/06/2016

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Vicki Millehan

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225015182

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $4,302

Year Built

  • Built in 1989

Lot Details

  • 0.65 Acre Lot
  • 133 Feet of Waterfront
  • Public Beach
  • Level Lot

Home Design

  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • French Doors
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room with Fireplace
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 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

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

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

Schools

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

Horse Facilities and Amenities

  • Stables

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 40

Community Details

Overview

  • No Home Owners Association
  • The Waters Edge Subdivision

Recreation

  • Golf Course Community

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,302

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Skylight, Walk-in-Closet, Wet Bar
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room, Great Room, Master Bedroom
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Down Draft Ventilation, Garage Door Opener, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Paved Driveway
  • Views: Lake
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 3
  • EntryAboveGrdFin Sq Ft: 2152.00
  • ExteriorDoors: French, Full View
  • Fireplace Number Fireplaces: 3
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 4292
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 133.00
  • LowerBelowGrdFin Sq Ft: 1070.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2017-05-10
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubagentAuthorized: No
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 2152
  • TotalBdrm: 6
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3222.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1070.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 1070.00
  • 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: Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Underground Util

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.65
  • Lot: 40
  • ZoningCode: RPD

Green Features

  • Water Features: Beach, Cove

Building Info

  • Year Built: 1989

Tax Info

  • Taxes (6 mo): 4302.00
  • FILLTAXID: 0510604000

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
Nov 6, 2016
Closed on
Jun 19, 2017
Sold by
Hines John L and Hines Renee J
Bought by
Gentry Joel A and Gentry Shirene H
Seller's Agent
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$799,900
Sold Price
$740,000
Premium/Discount to List
-$59,900
-7.49%
Current Estimated Value
$1,605,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$865,258
Avg. Annual Appreciation
9.61%
Original Mortgage
$592,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List 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
Gentry Joel A $740,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liber John R $543,816
Closed Gentry Joel A $548,200
Closed Gentry Joel A $592,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $740,000 -7.5% $230 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
11/06/2016 11/06/16 For Sale $799,900 -- $248 / 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 $5,864 $1,363,700 $370,000 $993,700
2023 $4,602 $754,500 $317,000 $437,500
2022 $4,602 $754,500 $317,000 $437,500
2021 $4,602 $754,500 $317,000 $437,500
2020 $4,602 $754,500 $317,000 $437,500
2019 $5,360 $878,700 $380,000 $498,700
2018 $5,360 $878,700 $380,000 $498,700
2017 $4,302 $823,000 $455,000 $368,000
2016 $4,302 $823,000 $455,000 $368,000
2015 -- $823,000 $455,000 $368,000
2014 -- $823,000 $455,000 $368,000
2013 -- $823,000 $455,000 $368,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 831840

Roanoke Valley Association of REALTORS®

APN: 0510604000