NOT LISTED FOR SALE

305 Island View Dr Penhook, VA 24137

Estimated Value: $1,858,000 - $3,360,000

5 Beds
4.5 Baths
7,020 Sq Ft
$360/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $1,325,000 $189 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $14,181/month

142 Days on Market

Highlights

  • 98 Feet of Waterfront
  • Golf Course Community
  • Deck
  • Floating Dock
  • Lake View
  • Contemporary Architecture

About This Home

As of November 2019

This Extraordinary home has been completely renovated for the perfect blend of style, comfort and luxury. Inside, quartz counters, Viking professional series appliances, custom moldings, 2 dumb waiters, and spacious rooms. Outside there is a fire pit, renovated dock and rose garden on gentle lakefront lot. Intricate craftsmanship throughout. Positioned on a level 1.34 acres level lot with spectacular sunset views. Impeccable landscaping and expansive outdoor living space. Renovated boat dock with beautiful pergola.

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 03/29/2019

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Co-Listed By

Vicki Millehan

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225015182

Last Buyer's Agent

Ted Ciporin

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225223937

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $7,282

Year Built

  • Built in 2001

Lot Details

  • 1.34 Acre Lot
  • 98 Feet of Waterfront
  • Cul-De-Sac
  • Level Lot
  • Garden

Parking

  • 3 Car Attached Garage

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Lake Views
  • Alarm System

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Compactor

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • Floating Dock
  • Covered Dock
  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 61-A

Community Details

Overview

  • No Home Owners Association
  • The Waters Edge Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$7,282

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Interior Features: Alarm, Gas Log Fireplace, Masonry Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Compacter, Cook Top, Dishwasher, Microwave Oven (Built In), Range Hood, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Formal Garden, Other - See Remarks, Patio
  • Views: Lake, Sunset
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 4
  • EntryAboveGrdFin Sq Ft: 3441.00
  • ExteriorDoors: Full View, Insulated
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 3
  • Grand Total Attached S Q F T: 7020
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 98.00
  • LowerBelowGrdFin Sq Ft: 2781.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • MasterBedroomsMasterBRLowerLvl: 1
  • NumberPrimCovSpaces: 3.00
  • OtherAboveGrdFin Sq Ft: 456.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2019-08-18
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 4239
  • TotalBdrm: 5
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 7020.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 342.00
  • Water Class: Waterfront Property
  • 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, Side Porch

Utilities

  • Sewer Description: Private Septic - 4BR
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Maint-Free Exterior, Other - See Remarks, Underground Util

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.34
  • Lot: 61-A

Green Features

  • Water Features: Cove, Riprap Shoreline

Rental Info

  • Tenant: Owners

Building Info

  • Year Built: 2001

Tax Info

  • Taxes (6 mo): 7282.00
  • FILLTAXID: 0510606100

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Spier Jonathan
Bought by
Jonathan Spier Revocable Trust
Current Estimated Value
$2,525,604

Purchase Details

Listed on
Mar 29, 2019
Closed on
Oct 27, 2019
Sold by
Groden Darleen M and Groden Amended Darleen M
Bought by
Spier Jonathan
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Ted Ciporin
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$1,699,000
Sold Price
$1,325,000
Premium/Discount to List
-$374,000
-22.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%

Purchase Details

Listed on
Sep 18, 2014
Closed on
Sep 18, 2014
Sold by
Willard Construction Of Roanoke Valley I
Bought by
Groden Darleen M
Seller's Agent
Cathie Daniel
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$1,349,000
Sold Price
$1,349,500
Premium/Discount to List
$500
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.36%

Purchase Details

Listed on
Mar 5, 2010
Closed on
Mar 4, 2014
Sold by
Fugger Edward Floyd and Fugger Bettye A
Bought by
Willard Construction Of Roanoke Valley
Seller's Agent
Bill Gearhart
COLDWELL BANKER TOWNSIDE, REALTORS(r)
Buyer's Agent
Ronald Willard
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
168.20%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jonathan Spier Revocable Trust -- None Available
Spier Jonathan $1,325,000 Fidelity National Ttl Ins Co
Groden Darleen M $1,349,500 Fidelity Natl Title Ins Co
Willard Construction Of Roanoke Valley $800,000 Fidelity Natl Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2019 11/12/19 Sold $1,325,000 -22.0% $189 / Sq Ft
08/18/2019 08/18/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $1,699,000 +25.9% $242 / Sq Ft
09/19/2014 09/19/14 Sold $1,349,500 0.0% $192 / Sq Ft View Prior Sale
09/18/2014 09/18/14 Pending -- -- --
09/18/2014 09/18/14 For Sale $1,349,000 +68.6% $192 / Sq Ft
03/11/2014 03/11/14 Sold $800,000 0.0% $114 / Sq Ft View Prior Sale
01/13/2014 01/13/14 Pending -- -- --
03/05/2010 03/05/10 For Sale $800,000 -- $114 / 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 $11,217 $2,099,500 $280,400 $1,819,100
2023 $8,102 $1,328,200 $227,400 $1,100,800
2022 $8,102 $1,328,200 $227,400 $1,100,800
2021 $8,102 $1,328,200 $227,400 $1,100,800
2020 $8,102 $1,328,200 $227,400 $1,100,800
2019 $7,659 $1,255,600 $387,500 $868,100
2018 $7,659 $1,255,600 $387,500 $868,100
2017 $6,906 $1,192,700 $434,000 $758,700
2016 $6,906 $1,192,700 $434,000 $758,700
2015 $6,384 $1,192,700 $434,000 $758,700
2014 $6,384 $1,185,400 $434,000 $751,400
2013 $6,384 $1,182,300 $434,000 $748,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 857525

Roanoke Valley Association of REALTORS®

APN: 0510606100