Seller's Agent in 2023
Teresa Grant
KELLER WILLIAMS REALTY LYNCHBURG
(434) 546-3202
287 Total Sales
Estimated Value: $743,000 - $987,000
3
Beds
3
Baths
2,528
Sq Ft
$338/Sq Ft
Est. Value
Highlights
- 328 Feet of Waterfront
- 2 Dock Slips
- Deck
- Windy Gap Elementary School Rated A-
- Lake View
- Cathedral Ceiling
About This Home
As of October 2023This Pointe Lot overlooking the main channel offers over 300' of shoreline with a gentle walk to a covered Cabana equipped with a mini refrigerator, storage area, fire pit, tons of seating, and a swing overlooking gorgeous lake views! A few steps away is a 2-slip covered dock and a spacious stationary dock in a private, deep water cove perfect for fishing, swimming, and floating. This home offers 2 bedrooms and 2 full baths on the main level, cathedral ceilings, and an open floor plan in the great room, kitchen, & dining with two sets of double doors leading to the deck! The terrace level offers a 3rd bedroom with a full bath, a family room, and a second full kitchen! Most furnishings convey, minus sentimental and personal items! This home offers stunning sunrise and lake views!
Last Agent to Sell the Property
KELLER WILLIAMS REALTY LYNCHBURG License #0225087218 Listed on: 08/15/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,150
Year Built
- Built in 1998
Lot Details
- 0.87 Acre Lot
- 328 Feet of Waterfront
- Cul-De-Sac
- Gentle Sloping Lot
- Garden
HOA Fees
- $20 Monthly HOA Fees
Parking
- Off-Street Parking
Interior Spaces
- 1-Story Property
- Bookcases
- Cathedral Ceiling
- Ceiling Fan
- Insulated Doors
- Storage
- Lake Views
Kitchen
- Breakfast Area or Nook
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- No Wake Zone
- Rip-Rap
- Dock has a Storage Area
- Boat Hoist or Davit
- 2 Dock Slips
- Deck
- Covered Patio or Porch
- Gazebo
Schools
- Windy Gap Elementary School
- Ben Franklin Middle School
- Franklin County High School
Utilities
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
- Lynville On The Lake Subdivision
Listing and Financial Details
- Tax Lot 21
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2023
Closed on
Oct 13, 2023
Sold by
Cummings Kenneth E
Bought by
Bailey David and Bailey Linda
Seller's Agent
Teresa Grant
KELLER WILLIAMS REALTY LYNCHBURG
Buyer's Agent
Peg Wheeler
DEB BERAN PROPERTIES
List Price
$700,000
Sold Price
$750,000
Premium/Discount to List
$50,000
7.14%
Views
16
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
$105,624
Avg. Annual Appreciation
6.85%
Purchase Details
Closed on
Aug 27, 2015
Sold by
Cummings Kenneth Earl
Bought by
Weaver David Dale
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 24, 2009
Sold by
Bcw Sml Llc
Bought by
Cummings Kenneth Earl and Weaver David Dale
Purchase Details
Closed on
Dec 23, 2005
Sold by
Cummings Kenneth Earl and Weaver David Dale
Bought by
Bcwsml Llc
Purchase Details
Closed on
Oct 4, 2005
Sold by
Hemberg R Norman and Hemberg Jean R
Bought by
Cummings Kenneth Earl and Weaver David Dale
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bailey David | $750,000 | Court Street Title | |
| Weaver David Dale | $65,000 | None Available | |
| Cummings Kenneth Earl | -- | -- | |
| Bcwsml Llc | -- | -- | |
| Cummings Kenneth Earl | $395,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Weaver David Dale | $287,500 | |
| Previous Owner | Cummings Kenneth Earl | $316,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2023 10/18/23 | Sold | $750,000 | +7.1% | $297 / Sq Ft |
| 09/04/2023 09/04/23 | Pending | -- | -- | -- |
| 08/29/2023 08/29/23 | For Sale | $700,000 | -- | $277 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $3,201 | $744,300 | $255,000 | $489,300 |
| 2023 | $2,150 | $352,500 | $150,000 | $202,500 |
| 2022 | $2,150 | $352,500 | $150,000 | $202,500 |
| 2021 | $2,150 | $352,500 | $150,000 | $202,500 |
| 2020 | $2,150 | $352,500 | $150,000 | $202,500 |
| 2019 | $2,114 | $346,500 | $150,000 | $196,500 |
| 2018 | $2,114 | $346,500 | $150,000 | $196,500 |
| 2017 | $1,906 | $313,800 | $140,000 | $173,800 |
| 2016 | $1,906 | $313,800 | $140,000 | $173,800 |
| 2015 | -- | $313,800 | $140,000 | $173,800 |
| 2014 | -- | $313,800 | $140,000 | $173,800 |
| 2013 | -- | $307,300 | $140,000 | $167,300 |
Source: Public Records
Agents Affiliated with this Home
-
Teresa Grant
-
Peg Wheeler
P
Buyer's Agent in 2023
Peg Wheeler
DEB BERAN PROPERTIES
(540) 721-1488
22 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 900814
APN: 0120111100
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