NOT LISTED FOR SALE

2820 Waters Edge Dr Penhook, VA 24137

Estimated Value: $1,805,890 - $2,027,000

4 Beds
3.5 Baths
4,356 Sq Ft
$440/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $850,000 $195 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $10,657/month

440 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Public Beach
  • Deck
  • 2 Dock Slips
  • Lake View
  • Family Room with Fireplace

About This Home

As of September 2020

The Waters Edge - Wide channel and mountain views. Southern Exposure Custom built by Charles Lynch. Open great room masonry fireplace and dining area. Half bath off foyer. Eat in kitchen with a masonry stone fireplace off the keeping room. Screened porch and open deck off kitchen and great room. Main floor master suite and office. 3 bedrooms and 2 full baths on lower level. Family room with wet bar and stone masonry fireplace. Gentle slope to the double boat dock and water. Sandy beach.

Last Agent to Sell the Property

Vicki Millehan

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225015182 Listed on: 04/03/2019

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Vicki Millehan

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225015182 Listed on: 04/03/2019

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $5,700

Year Built

  • Built in 1993

Lot Details

  • 0.47 Acre Lot
  • 100 Feet of Waterfront
  • Public Beach
  • Gentle Sloping Lot

Property Views

  • Lake
  • Mountain

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Bookcases
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Drapes & Rods
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room with Fireplace
  • Recreation Room with Fireplace
  • Screened Porch
  • Alarm System

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces

Outdoor Features

  • Rip-Rap
  • Boat Hoist or Davit
  • 2 Dock Slips
  • Covered Dock
  • Deck
  • Patio

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

Community Details

  • No Home Owners Association
  • The Waters Edge Subdivision

Listing and Financial Details

  • Tax Lot 38

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$5,700

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Interior Features: Alarm, All Drapes, Book Shelves, Cathedral Ceiling, Masonry Fireplace, Wet Bar, Whirlpool Bath
  • Heating System: Heat Pump Electric, Zoned Heat
  • Fireplace(s): Family Room, Great Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Compacter, Cook Top, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric, Zoned Cooling
  • Outside Features: Deck, Patio, Screened Porch
  • Views: Lake, Mountain, Sunrise
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 2456.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 3
  • FullBathsFullBathsLowerLvl: 2
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 100.00
  • LowerBelowGrdFin Sq Ft: 1900.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 2456
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4356.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 556.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Other
  • Unfinished Attached S Q F T Upper Above Grd Unfin S Q F T: 556.00
  • Water Class: Waterfront Property
  • WaterDetailsNumberCoveredSlips: 2
  • 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
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.47
  • Lot: 38

Green Features

  • Water Features: Beach, Cove, Riprap Shoreline, Southern Exposure

Building Info

  • Year Built: 1993

Tax Info

  • Taxes (6 mo): 5700.00

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 3, 2019
Closed on
Aug 22, 2020
Sold by
Land Nancy K and Land Living Trust
Bought by
Wajciechowski James Gary and Wajciechowski Jenny Middour
Seller's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$879,000
Sold Price
$850,000
Premium/Discount to List
-$29,000
-3.3%
Current Estimated Value
$1,915,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,065,223
Avg. Annual Appreciation
17.05%
Original Mortgage
$475,000
Outstanding Balance
$336,529
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,578,694

Purchase Details

Closed on
Mar 6, 2018
Sold by
Land Cleo Edward and Land Nancy Kinney
Bought by
Land Eddie and Land Nancy K
Source: Public Records

Range of Values:

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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
Wajciechowski James Gary $850,000 Fidelity National Ttl Ins Co
Land Eddie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wajciechowski James Gary $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $850,000 -3.3% $195 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
04/03/2019 04/03/19 For Sale $879,000 -- $202 / 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 $6,997 $1,627,300 $368,000 $1,259,300
2023 $5,531 $906,800 $329,000 $577,800
2022 $5,520 $906,800 $329,000 $577,800
2021 $5,448 $893,100 $329,000 $564,100
2020 $5,314 $871,200 $329,000 $542,200
2019 $5,650 $926,200 $380,000 $546,200
2018 $5,650 $926,200 $380,000 $546,200
2017 $5,094 $980,500 $455,000 $525,500
2016 $5,094 $980,500 $455,000 $525,500
2015 -- $980,500 $455,000 $525,500
2014 -- $980,500 $455,000 $525,500
2013 -- $980,500 $455,000 $525,500
Source: Public Records

Agents Affiliated with this Home

  • Vicki Millehan

    Seller's Agent in 2020

    Vicki Millehan

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 520-2401

    105 in this area

    219 Total Sales

    Vicki Millehan
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 857615

Roanoke Valley Association of REALTORS®

APN: 0510603800

Virginia Franklin County Penhook 24137

2820 Waters Edge Dr, Penhook, VA

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