NOT LISTED FOR SALE

345 Penhook Pointe Cir Penhook, VA 24137

Estimated Value: $898,382 - $990,000

3 Beds
3 Baths
1,722 Sq Ft
$551/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $683,000 $397 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,187/month

2 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Lake View
  • Wood Burning Stove
  • 1 Dock Slip
  • Deck
  • Contemporary Architecture

About This Home

As of October 2021

Great open concept home with easy access to the lake & tranquil clear water views. Located in a no wake cove this home offers safe swimming for one & all. One floor living at it's best. Utility bills never accessed $200 dollars a month. Two entertainment areas inside & a great porch from living room area. Garage is insulated & has a split level A/C as does the downstairs. Numerous personal items are negotiable in a separate Bill of Sale. Please note no weight room items will convey. If using online map apps be sure to put the ''E'' on the end of pointe.

Last Agent to Sell the Property

Rick Carroll

RE/MAX LAKEFRONT REALTY INC License #0225176592 Listed on: 08/26/2021

RE/MAX LAKEFRONT REALTY INC

Last Buyer's Agent

Brad Thomas

MOUNTAIN VIEW REAL ESTATE LLC License #0225188833

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 2014

Lot Details

  • 1.42 Acre Lot
  • 160 Feet of Waterfront
  • Gentle Sloping Lot
  • Garden

Home Design

  • Contemporary Architecture

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Storage
  • Lake Views
  • Partially Finished Basement
  • Walk-Out Basement
  • Storm Doors

Kitchen

  • Built-In Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Personal Watercraft Lift
  • No Wake Zone
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Deck
  • Shed
  • Front Porch

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Penhook Pointe Subdivision

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,312

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Fireplace Screen, Masonry Fireplace, Storage, Walk-in-Closet, Wood Stove
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Partial
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator, Wall Oven
  • Cooling System: Ductless, Heat Pump Electric
  • Outside Features: Deck, Garden Space, Paved Driveway, Storage Shed
  • Views: Lake
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1092.00
  • ExteriorDoors: Insulated Storm
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 160.00
  • LowerBelowGrdFin Sq Ft: 630.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRLowerLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • Total Above Grd Fin S Q F T: 1092
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 1722.00
  • TotalUnfin Sq Ft: 462.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 462.00
  • Water Class: Waterfront Property
  • WaterDetailsNumberCoveredSlips: 1
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Green Features

  • Energy Features: Wood Stove
  • Water Features: Cove, No Wake Area

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.42
  • Lot: 3

Building Info

  • Year Built: 2014

Tax Info

  • Taxes (6 mo): 2312.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2022
Sold by
Foushee Jeffrey White and Foushee Kristie Tripp
Bought by
Foushee Living Trust
Current Estimated Value
$949,596

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 14, 2021
Sold by
Farrington Brian
Bought by
Foushee Jeffrey White and Foushee Kristie Tripp
Seller's Agent
Rick Carroll
RE/MAX LAKEFRONT REALTY INC
Buyer's Agent
Brad Thomas
MOUNTAIN VIEW REAL ESTATE LLC
List Price
$649,000
Sold Price
$683,000
Premium/Discount to List
$34,000
5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$533,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2020
Sold by
Criswell Jeffrey S and Farrington Brian
Bought by
Farrington Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
May 11, 2016
Sold by
Billings Ricky D
Bought by
Criswell Jeffrey S and Criswell Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2012
Sold by
Pen Properties Llc
Bought by
Billings Ricki D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Foushee Living Trust -- --
Foushee Living Trust -- None Listed On Document
Foushee Jeffrey White $683,000 Accommodation
Farrington Brian $510,000 First Choice Title & Setmnt
Criswell Jeffrey S $470,000 Boston National Title Llc
Billings Ricki D $74,550 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foushee Jeffrey White $533,000
Previous Owner Farrington Brian $510,000
Previous Owner Criswell Jeffrey S $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $683,000 +5.2% $397 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $649,000 -- $377 / 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
2025 $2,727 $634,100 $172,000 $462,100
2024 $2,727 $634,100 $172,000 $462,100
2023 $2,706 $445,700 $165,000 $280,700
2022 $2,719 $445,700 $165,000 $280,700
2021 $207 $445,700 $165,000 $280,700
2020 $2,719 $445,700 $165,000 $280,700
2019 $2,478 $406,300 $155,000 $251,300
2018 $2,478 $406,300 $155,000 $251,300
2017 $2,235 $407,000 $160,000 $247,000
2016 $2,235 $407,000 $160,000 $247,000
2015 $854 $407,000 $160,000 $247,000
2014 $854 $407,000 $160,000 $247,000
2013 $854 $163,100 $160,000 $3,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 883223

Roanoke Valley Association of REALTORS®

APN: 0670300103A