NOT LISTED FOR SALE

310 Island Green Dr Unit 17 Penhook, VA 24137

Estimated Value: $1,380,645 - $1,622,000

5 Beds
4.5 Baths
3,490 Sq Ft
$420/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $1,225,000 $351 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,706/month

109 Days on Market

Highlights

  • 1 Dock Slip
  • Lake View
  • Deck
  • Golf Course Community
  • Waterfront
  • Family Room with Fireplace

About This Home

As of February 2023

Beautiful 5 Bedroom, 4 1/2 Bath Townhome on the water in The Water's Edge Country Club. This home is being offered fully furnished* with recently remodeled bathrooms and all new Stainless Steel Whirlpool Appliances in the kitchen area. You will enjoy some of the best views on Smith Mountain Lake from this fantastic location! From every window on the back and side you are either looking out towards the beautiful sights of the Signature Hole at The Water's Edge - The Island Green, Christmas Tree Island or The Peaks of Otter up on the Blue Ridge Parkway. Four bedrooms have their own private bath and walk in closet. Please see the Virtual Tour, Photos and Supplements for complete description and details.

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 09/30/2022

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Dana Montgomery

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225074396

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,407

Year Built

  • Built in 1989

Lot Details

  • Waterfront
  • Gentle Sloping Lot

HOA Fees

  • $617 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Bookcases
  • Ceiling Fan
  • Fireplace Features Masonry
  • Drapes & Rods
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Personal Watercraft Lift
  • 1 Dock Slip
  • Covered Dock
  • Deck
  • Patio

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 17

Community Details

Overview

  • John Dickinson Association
  • The Waters Edge Subdivision

Recreation

  • Golf Course Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,407

Year Built

Built in 1989

Lot Details

0

HOA Fees

$617 per month

Listing Details

  • Interior Features: All Drapes, Book Shelves, Ceiling Fan, Masonry Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room, Living Room
  • Type: Residential
  • Property Subtype 1: Townhouse
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Patio, Screened Porch
  • Views: Golf Course, Lake
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1745.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 2
  • Grand Total Attached S Q F T: 3490
  • HalfBathsHalfBathsEntryLvl: 1
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1745.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • MasterBedroomsMasterBRLowerLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Phone Email: 540-353-7304
  • P O A Condo Contact Name: John Dickinson
  • POACondoDues: 7400.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2023-01-17
  • Residential Type: Attached
  • SubdivisionMap: Island Green Pte
  • Total Above Grd Fin S Q F T: 1745
  • TotalBdrm: 5
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 3490.00
  • TotalHBaths: 1
  • Water Class: Waterfront Property
  • WaterDetailsNumberCoveredSlips: 1
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

  • Sewer Description: Shared Septic
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Lot: 17
  • ZoningCode: RPD

Building Info

  • Year Built: 1989

Tax Info

  • Taxes (6 mo): 3407.00
  • FILLTAXID: 0510801700

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
Sep 30, 2022
Closed on
Jan 20, 2023
Sold by
Winstead Donald S and Winstead Karen K
Bought by
Spruill William E and Spruill Claudia C
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Dana Montgomery
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$1,299,000
Sold Price
$1,225,000
Premium/Discount to List
-$74,000
-5.7%
Views
56
Current Estimated Value
$1,467,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,411
Avg. Annual Appreciation
6.86%
Original Mortgage
$1,100,000
Outstanding Balance
$823,288
Interest Rate
5.28%
Mortgage Type
New Conventional
Estimated Equity
$644,123

Purchase Details

Listed on
Mar 8, 2011
Closed on
Feb 27, 2013
Sold by
Mccollum Jay Ralph and Mccollum Gilda M
Bought by
Winstead Donald S and Winstead Karen K
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
$599,000
Sold Price
$589,000
Premium/Discount to List
-$10,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$471,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Spruill William E $1,225,000 Fidelity National Title
Winstead Donald S $589,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spruill William E $1,100,000
Previous Owner Winstead Donald S $471,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2023 02/09/23 Sold $1,225,000 -5.7% $351 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
09/30/2022 09/30/22 For Sale $1,299,000 +120.5% $372 / Sq Ft
03/22/2013 03/22/13 Sold $589,000 -1.7% $169 / Sq Ft View Prior Sale
01/22/2013 01/22/13 Pending -- -- --
03/08/2011 03/08/11 For Sale $599,000 -- $172 / 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 $4,711 $1,095,600 $230,000 $865,600
2023 $3,407 $558,500 $180,000 $378,500
2022 $3,407 $558,500 $180,000 $378,500
2021 $3,407 $558,500 $180,000 $378,500
2020 $3,407 $558,500 $180,000 $378,500
2019 $3,393 $556,200 $179,000 $377,200
2018 $3,393 $556,200 $179,000 $377,200
2017 $3,059 $576,100 $204,000 $372,100
2016 $3,059 $576,100 $204,000 $372,100
2015 -- $576,100 $204,000 $372,100
2014 -- $576,100 $204,000 $372,100
2013 -- $576,100 $204,000 $372,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 893367

Roanoke Valley Association of REALTORS®

APN: 0510801700