NOT LISTED FOR SALE

3780 Smith Mountain Rd Penhook, VA 24137

Estimated Value: $51,544 - $1,448,000

1.42 Acres
$491,677 Price per Acre
61,855 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $7,500

Est. 9,209% increase in value since last sale

Current estimated payment $3,661/month

199 Days on Market

Highlights

  • No HOA
  • Gretna Elementary School Rated A-
  • Gentle Sloping Lot

About This Lot

As of December 2018

Lot and singlewide mobile home on 1.43 acres. 0.8 miles to Lumpkin Marina to enjoy all water activities at Smith Mountain Lake. 400 sq. ft. commodore singlewide with no HUD number. 2 bedrooms/1 bath, oil heat, propane, shed (floor in weak condition). Septic present but no knowledge of functionality. Buyer to install new well and driveway. Mobile home and shed sold ''as-is''. Gretna Elementary, Gretna Middle and Gretna High School.

Last Agent to Sell the Property

Durant Vick

MKB, REALTORS(r) License #0225053844 Listed on: 05/11/2018

MKB, REALTORS(r)

Co-Listed By

Sandy Vick

THE REAL ESTATE GROUP License #0225053845

Last Buyer's Agent

Durant Vick

MKB, REALTORS(r) License #0225053844 Listed on: 05/11/2018

MKB, REALTORS(r)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $138

Lot Details

  • 1.42 Acre Lot
  • Gentle Sloping Lot

Mobile Home

  • Mobile Home Allowed

Utilities

  • Propane
  • Water Not Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$138

Lot Details

0

Listing Details

  • Type: Land
  • ElectricDescription: Above Ground
  • Land Sub Type: Residential - Multi-Family
  • Major Area: 16 - Pittsylvania County
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Gas Description: Propane
  • Sewer Description: Private Septic
  • Water Description: None

Association/Amenities

  • Misc Features: Other - See Remarks

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope
  • Total Acreage: 1.42
  • Land Type: Lot

Tax Info

  • Taxes (6 mo): 138.00

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2018
Closed on
Dec 19, 2018
Sold by
Delancey Nancy T
Bought by
Richmond Mark
Seller's Agent
Durant Vick
MKB, REALTORS(r)
Buyer's Agent
Durant Vick
MKB, REALTORS(r)
List Price
$15,000
Sold Price
$7,500
Premium/Discount to List
-$7,500
-50%
Current Estimated Value
$698,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$690,681
Avg. Annual Appreciation
90.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richmond Mark $7,500 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $7,500 -50.0% --
11/26/2018 11/26/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $15,000 -- --
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 $171 $30,500 $20,000 $10,500
2024 $171 $30,500 $20,000 $10,500
2023 $171 $30,500 $20,000 $10,500
2022 $266 $23,500 $20,000 $3,500
2021 $146 $23,500 $20,000 $3,500
2020 $146 $23,500 $20,000 $3,500
2019 $146 $23,500 $20,000 $3,500
2018 $146 $23,500 $20,000 $3,500
2017 $64 $23,500 $20,000 $3,500
2016 $129 $21,800 $17,500 $4,300
2015 $129 $21,800 $17,500 $4,300
2011 -- $21,800 $17,500 $4,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 848398

Roanoke Valley Association of REALTORS®

APN: 1562-47-0323