$400,000
SOLD JUN 6, 2025

281 Waterlocked Rd Penhook, VA 24137

2 Beds
1 Bath
560 Sq Ft
43,560 Sq Ft Lot

Recently Sold

$714 Per Sq Ft

5% Below List Price

65 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Marina
  • Lake View
  • Gretna Elementary School Rated A-
  • Floating Dock
  • Deck

About This Home

As of June 2025

Cozy, lakefront cottage with room to expand and recreate. Large wrap-around deck and screened porch for entertaining with an easy walk to the dock. Additionally, you have covered parking and storage building. Shentel high-speed internet available. Main channel access means a short boat ride to restaurants, parks, and marinas. Your very own lake getaway. Don't miss this opportunity!

Last Agent to Sell the Property

Patton Kelly

PROPERTY NAVIGATORS LLC License #0225230706 Listed on: 03/14/2025

Last Buyer's Agent

Kendra Porter

VIRGINIA REALTY GROUP License #0225197790

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,677

Year Built

  • Built in 1968

Lot Details

  • 1 Acre Lot
  • 100 Feet of Waterfront
  • Gentle Sloping Lot
  • Garden
  • Property is zoned RC-1

Parking

  • Detached Carport Space

Home Design

  • Cottage

Interior Spaces

  • 560 Sq Ft Home
  • Flue
  • Insulated Doors
  • Screened Porch
  • Storage
  • Laundry on main level
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

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

Outdoor Features

  • Floating Dock
  • Deck
  • Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 8

Community Details

Overview

  • No Home Owners Association

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,677

Year Built

Built in 1968

Lot Details

1 Acres

Listing Details

  • Interior Features: Breakfast Area, Flue Available, Storage
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Garden Space, Screened Porch, Storage Shed
  • Views: Lake
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 560.00
  • ExteriorDoors: Insulated, Wood
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 100.00
  • Major Area: 16 - Pittsylvania County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • Residential Type: Detached
  • Style Of House: Cottage
  • Total Above Grd Fin S Q F T: 560
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 560.00
  • TotalUnfin Sq Ft: 560.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 560.00
  • Water Class: Waterfront Property
  • WaterDetails: Short Term Rental
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • 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
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.00
  • Lot: 8
  • ZoningCode: RC-1

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 1968

Tax Info

  • Taxes (6 mo): 1677.00

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
Mar 14, 2025
Closed on
Jun 3, 2025
Sold by
Key Sandee M and Key John K
Bought by
River City Cowork Llc
Seller's Agent
Patton Kelly
PROPERTY NAVIGATORS LLC
Buyer's Agent
Kendra Porter
VIRGINIA REALTY GROUP
List Price
$418,900
Sold Price
$400,000
Premium/Discount to List
-$18,900
-4.51%
Views
134
Current Estimated Value
$480,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,420
Avg. Annual Appreciation
26.10%
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 Type Sale Price Title Company
Bargain Sale Deed $400,000 Old Republic National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2025 06/06/25 Sold $400,000 -3.4% $714 / Sq Ft
05/18/2025 05/18/25 Pending -- -- --
04/07/2025 04/07/25 Price Changed $413,900 -1.2% $739 / Sq Ft
03/14/2025 03/14/25 For Sale $418,900 -- $748 / 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 $1,677 $299,400 $210,000 $89,400
2024 $1,677 $299,400 $210,000 $89,400
2023 $1,677 $299,400 $210,000 $89,400
2022 $1,301 $190,500 $140,000 $50,500
2021 $1,181 $190,500 $140,000 $50,500
2020 $1,181 $190,500 $140,000 $50,500
2019 $1,181 $190,500 $140,000 $50,500
2018 $1,181 $190,500 $140,000 $50,500
2017 $1,207 $190,500 $140,000 $50,500
2016 $1,207 $204,600 $160,000 $44,600
2015 $1,207 $204,600 $160,000 $44,600
2011 -- $204,600 $160,000 $44,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 915188

Roanoke Valley Association of REALTORS®

APN: 1563-53-7012

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