Rick Smith
MKB, REALTORS® - AT THE LAKE
(540) 590-5755
76 Total Sales
1 in Penhook
$1,200,000 Price
305 E Pointe Dr Penhook, VA 24137
Penhook AreaEstimated Value: $3,088,082
4
Beds
6
Baths
7,872
Sq Ft
$392/Sq Ft
Est. Value
Highlights
- 180 Feet of Waterfront
- Golf Course Community
- Home Theater
- Floating Dock
- Stables
- In Ground Pool
About This Home
As of June 2020The 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
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225015182 Listed on: 05/08/2020
Last Buyer's Agent
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,770
Year Built
- Built in 2005
Lot Details
- 27,007 Sq Ft 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
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
May 8, 2020
Closed on
Jun 12, 2020
Sold by
Long Gary C and Long Erin O
Bought by
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,563,082
Avg. Annual Appreciation
11.95%
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,645,000
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Penhook, VA
-
Rick Smith
-
Charlene Jones
Charlene Jones
Re/Max Lakefront Realty
(540) 698-4928
184 Total Sales
5 in Penhook
$200K - $1.5M Price Range
-
Billy Kingery
Billy Kingery
MOUNTAIN TO LAKE REALTY
(540) 590-5830
373 Total Sales
1 in Penhook
$350,000 Price
-
Dawn Lambert
Dawn Lambert
EXP REALTY LLC - SML
(540) 787-2817
120 Total Sales
1 in Penhook
$1,800,000 Price
-
Adam Lynch
Adam Lynch
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
(540) 590-5647
63 Total Sales
3 in Penhook
$160K - $1.8M Price Range
-
Dana Montgomery
Dana Montgomery
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
(540) 900-1958
81 Total Sales
3 in Penhook
$765K - $3.3M Price Range
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 |
|---|---|---|---|
| $1,525,000 | Fidelity National Ttl Ins Co | ||
| Long Gary C | -- | None Available | |
| Long Gary C | $2,350,000 | -- |
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 |
|---|---|---|---|
| Open | $1,220,000 | ||
| Previous Owner | Long Gary C | $1,645,000 | |
| Previous Owner | Potter Jerry L | $1,175,000 | |
| Previous Owner | Potter Jerry L | $500,000 | |
| Previous Owner | Potter Jerry L | $350,000 |
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 |
|---|---|---|---|---|
| 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
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 | $14,675 | $3,412,700 | $450,000 | $2,962,700 |
| 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
195 Total Sales
-
Jane Sullivan Horne
JH
Buyer's Agent in 2020
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
(540) 493-1690
80 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 869272
APN: 0511301100
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