NOT LISTED FOR SALE

305 E Pointe Dr Penhook, VA 24137

Estimated Value: $2,731,236 - $3,677,000

4 Beds
6 Baths
7,872 Sq Ft
$390/Sq Ft Est. Value

Last Sold June 17, 2020

Last sale price $1,525,000 $194 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $18,444/month

26 Days on Market

Highlights

  • 180 Feet of Waterfront
  • Golf Course Community
  • Home Theater
  • Floating Dock
  • Stables
  • In Ground Pool

About This Home

As of June 2020

The Waters Edge-Attention to detail this Arts and Crafts style home has free flowing rooms, vaulted stained tongue and grove wood ceilings, kitchen upgraded appliances with custom cabinetry, pantry, sunroom, beautiful stack stone fireplace in den, dining room and great room. Covered patio with outdoor kitchen, large lakefront patio, spa, pool with waterfall. Lower level offers media room, wine cellar, malt shop, play house with loft, Hugedouble boat slip dock with very large party area. Professional landscaped. Active club membership available for 30K at Purchasers expense. Furnishings may be purchased with a Separate Bill of Sale.

Last Agent to Sell the Property

Vicki Millehan

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225015182 Listed on: 05/08/2020

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,770

Year Built

  • Built in 2005

Lot Details

  • 0.62 Acre Lot
  • 180 Feet of Waterfront
  • Lot Sloped Down

Home Design

  • Contemporary Architecture
  • Hardboard

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Great Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Home Theater
  • Den with Fireplace
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 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
  • 4 Open Parking Spaces
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Personal Watercraft Lift
  • Rip-Rap
  • Boat Hoist or Davit
  • Floating Dock
  • Covered Dock
  • Covered Patio or Porch
  • Outdoor Kitchen

Schools

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

Horse Facilities and Amenities

  • Stables

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 460

Community Details

Overview

  • No Home Owners Association
  • The Waters Edge Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,770

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Masonry Fireplace, Theater Room, Walk-in-Closet
  • Heating System: Heat Pump Gas, Zoned Heat
  • Fireplace(s): Den, Dining Room, Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch, In-Ground Pool, Outdoor Kitchen, Patio, Paved Driveway
  • Views: Lake
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 3744.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 3
  • FullBathsFullBathsLowerLvl: 2
  • HalfBathsHalfBathsEntryLvl: 2
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 180.00
  • LowerBelowGrdFin Sq Ft: 4128.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 3744
  • TotalBdrm: 4
  • TotalBths: 4.20
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 7872.00
  • TotalHBaths: 2
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Other
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • 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 - 3BR
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Underground Util

Lot Info

  • Lot Description: Down Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.62
  • Lot: 460

Green Features

  • Water Features: Cove, Riprap Shoreline

Building Info

  • Year Built: 2005

Tax Info

  • Taxes (6 mo): 10770.00

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
May 8, 2020
Closed on
Jun 12, 2020
Sold by
Long Gary C and Long Erin O
Bought by
Long Erin O and Long Gary C
Seller's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$1,749,000
Sold Price
$1,525,000
Premium/Discount to List
-$224,000
-12.81%
Current Estimated Value
$3,283,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,758,595
Avg. Annual Appreciation
13.91%

Purchase Details

Closed on
Mar 13, 2017
Sold by
Long Gary C and Long Erin O
Bought by
Long Gary C and Long Erin O

Purchase Details

Closed on
Jun 27, 2008
Sold by
Potter Jerry L and Potter Janet K
Bought by
Long Gary C and Long Erin O
Source: Public Records

Range of Values:

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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
Long Erin O $1,525,000 Fidelity National Ttl Ins Co
Long Gary C -- None Available
Long Gary C $2,350,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2020 06/17/20 Sold $1,525,000 -12.8% $194 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $1,749,000 -- $222 / 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 $14,675 $3,412,700 $450,000 $2,962,700
2023 $10,757 $1,763,400 $445,000 $1,318,400
2022 $10,757 $1,763,400 $445,000 $1,318,400
2021 $10,557 $1,763,400 $445,000 $1,318,400
2020 $10,757 $1,763,400 $445,000 $1,318,400
2019 $10,307 $1,689,700 $530,000 $1,159,700
2018 $10,307 $1,689,700 $530,000 $1,159,700
2017 $9,293 $1,765,700 $525,000 $1,240,700
2016 $9,293 $1,765,700 $525,000 $1,240,700
2015 -- $1,765,700 $525,000 $1,240,700
2014 -- $1,765,700 $525,000 $1,240,700
2013 -- $1,765,700 $525,000 $1,240,700
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

    106 in this area

    223 Total Sales

    Vicki Millehan
    Section Image

  • J

    Buyer's Agent in 2020

    Jane Sullivan Horne

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 493-1690

    48 in this area

    107 Total Sales

    Jane Sullivan Horne
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 869272

Roanoke Valley Association of REALTORS®

APN: 0511301100

Virginia Franklin County Penhook 24137

305 E Pointe Dr, Penhook, VA

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