NOT LISTED FOR SALE

2835 Waters Edge Dr Penhook, VA 24137

Estimated Value: $1,031,160 - $1,155,000

4 Beds
2.5 Baths
3,730 Sq Ft
$289/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2021

Last sale price $615,000 $165 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,823 / mo

9 Days on Market

Highlights

  • Community Boat Dock
  • Water Access
  • Contemporary Architecture
  • Golf Course Community
  • Lake View
  • Living Room with Fireplace

About This Home

As of September 2021

Extraordinary lake and mountain views! This house sits up high with sweeping lake view from most all rooms. Excellent quality! Spacious rooms and fabulous kitchen. Perfect level yard with white fence and gazebo. This is a entertainers dream! Located in one of Smith Mountain Lake's prime developments, The Water's Edge. Premier golf course, restaurant, tennis, swimming, equestrian center available. Ideal for full time residence or second home. Active club membership.

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 07/22/2021

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Peter Roberts

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225098936

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,359

Year Built

  • Built in 2000

Lot Details

  • 1.46 Acre Lot
  • Level Lot
  • Property is zoned RPD

HOA Fees

  • $20 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • 3,730 Sq Ft Home
  • Bookcases
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Den with Fireplace
  • Crawl Space
  • Alarm System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Water Access
  • Covered Patio or Porch
  • Gazebo

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 24 & 30

Community Details

Overview

  • We Poa
  • The Waters Edge Subdivision

Recreation

  • Community Boat Dock
  • Golf Course Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,359

Year Built

Built in 2000

Lot Details

1.46 Acres

HOA Fees

$20 per month

Listing Details

  • Interior Features: Alarm, Book Shelves, Gas Log Fireplace, Masonry Fireplace, Other - See Remarks, Whirlpool Bath
  • Heating System: Forced Air Electric, Heat Pump Electric
  • Fireplace(s): Den, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Compacter, Cook Top, Dishwasher, Garage Door Opener, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Gazebo, Patio, Paved Driveway
  • Views: Lake, Mountain
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 2063.00
  • ExteriorDoors: Full View, Wood
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: SHENTEL
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Phone Email: wepoasecretary@gmail.com
  • P O A Condo Contact Name: WE POA
  • POACondoDues: 240.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 3730
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 3730.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1667.00
  • WaterAccOnlyB: Community Dock
  • Water Class: Water Access Only
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Paved Road, Underground Util

Lot Info

  • Lot Description: Level Lot, Other - See Remarks
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.46
  • Lot: 24 & 30
  • ZoningCode: RPD

Building Info

  • Year Built: 2000

Tax Info

  • Taxes (6 mo): 3359.00

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 17, 2021
Sold by
Bought by
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Peter Roberts
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$615,000
Sold Price
$615,000
Current Estimated Value
$1,022,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,696
Avg. Annual Appreciation
12.26%
Original Mortgage
$548,250
Interest Rate
0.027%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 13, 2019
Sold by
Bought by
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$545,000
Sold Price
$515,000
Premium/Discount to List
-$30,000
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%

Purchase Details

Listed on
Jun 18, 2012
Closed on
Feb 13, 2013
Sold by
Bought by
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.19%

Purchase Details

Closed on
Mar 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.0624%
Mortgage Type
Credit Line Revolving
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$615,000 Fidelity National Ttl Ins Co
$515,000 Fidelity National Ttl Ins Co
$450,000 None Available
$720,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $548,250
Closed $312,000
Closed $250,000
Closed $310,000
Closed $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2021 09/01/21 Sold $615,000 0.0% $165 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $615,000 +19.4% $165 / Sq Ft
05/24/2019 05/24/19 Sold $515,000 -5.5% $138 / Sq Ft View Prior Sale
05/03/2019 05/03/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $545,000 +21.1% $146 / Sq Ft
02/28/2013 02/28/13 Sold $450,000 -10.0% $121 / Sq Ft View Prior Sale
01/09/2013 01/09/13 Pending -- -- --
06/18/2012 06/18/12 For Sale $499,900 -- $134 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,351 $779,400 $95,000 $684,400
2024 $3,351 $779,400 $95,000 $684,400
2023 $3,231 $529,600 $90,000 $439,600
2022 $3,145 $529,600 $90,000 $439,600
2021 $3,145 $515,600 $90,000 $425,600
2020 $3,145 $515,600 $90,000 $425,600
2019 $1,153 $337,700 $50,000 $287,700
2018 $2,060 $337,700 $50,000 $287,700
2017 $1,857 $439,500 $60,000 $379,500
2016 $1,857 $439,500 $60,000 $379,500
2015 $2,373 $439,500 $60,000 $379,500
2014 $2,373 $439,500 $60,000 $379,500
2013 $2,373 $439,500 $60,000 $379,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jane Sullivan Horne

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 493-1690

    90 Total Sales

    Jane Sullivan Horne
    Section Image
  • Peter Roberts

    Buyer's Agent in 2021

    Peter Roberts

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 525-4510

    41 Total Sales

    Peter Roberts
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 882184

Roanoke Valley Association of REALTORS®

APN: 0510603000

Virginia Franklin County Penhook 24137

2835 Waters Edge Dr, Penhook, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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