NOT LISTED FOR SALE

392 Morgans Fork Rd Penhook, VA 24137

Estimated Value: $468,000 - $668,000

3 Beds
3.5 Baths
2,470 Sq Ft
$229/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $299,000 $121 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,161/month

21 Days on Market

Highlights

  • Barn
  • 5.62 Acre Lot
  • Wood Burning Stove
  • Horses Allowed On Property
  • Cape Cod Architecture
  • Hilly Lot

About This Home

As of June 2017

Southern Living home with wrap around porch, situated on 5+ acres and ready for horses with two fenced paddocks and a new 3 stall/run in shed type barn, plus separate hay storage building. Just minutes to Smith Mountain Lake, right off of Route 40 for easy drive into Gretna or Rocky Mount. Highest quality finishes in the home with granite countertops, hand-hewn beams, built in bookcases. Come and take a look!

Last Agent to Sell the Property

Debbie Shelton

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225083584 Listed on: 03/17/2017

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Jada Turner

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225194874

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,268

Year Built

  • Built in 1982

Lot Details

  • 5.62 Acre Lot
  • Hilly Lot
  • Cleared Lot

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,470 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Attic Fan

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer

Basement

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

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,268

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Interior Features: Attic Fan, Ceiling Fan, Gas Log Fireplace, Whirlpool Bath, Wood Stove
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Compacter, Cook Top, Dishwasher, Disposer, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Barn, Covered Porch, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 1235.00
  • ExteriorDoors: Full View, Wood
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 3705
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: DSL
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2017-04-07
  • Residential Type: Detached
  • Style Of House: Cape Cod
  • Total Above Grd Fin S Q F T: 2470
  • TotalBdrm: 3
  • TotalBths: 3.10
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2470.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1235.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 1235.00
  • UpperAboveGrdFin Sq Ft: 1235.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • 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 - 3BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted, Underground Util

Schools

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

Lot Info

  • Lot Description: Cleared, Hilly
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 5.62
  • ZoningCode: A1

Building Info

  • Year Built: 1982

Tax Info

  • Taxes (6 mo): 1268.00
  • FILLTAXID: 0670006501

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
Mar 17, 2017
Closed on
May 9, 2017
Sold by
Love Caled G and Love Christina L
Bought by
Thompson Larry W and Thompson Kimberley K
Seller's Agent
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Jada Turner
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$299,900
Sold Price
$299,000
Premium/Discount to List
-$900
-0.3%
Current Estimated Value
$565,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,679
Avg. Annual Appreciation
7.98%
Original Mortgage
$308,867
Outstanding Balance
$256,366
Interest Rate
4.03%
Mortgage Type
VA
Estimated Equity
$309,313

Purchase Details

Listed on
Feb 15, 2013
Closed on
Jan 17, 2014
Sold by
Nichols Gary L and Nichols Margaret A
Bought by
Love Caleb G and Love Christina L
Buyer's Agent
Rick Stover
RE/MAX ALL STARS
List Price
$299,500
Sold Price
$275,000
Premium/Discount to List
-$24,500
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%
Original Mortgage
$275,000
Interest Rate
4.12%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Thompson Larry W $299,000 Fidelity Title Insurance
Love Caleb G $275,000 First Choice Title & Settlem
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Larry W $308,867
Previous Owner Love Caleb G $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2017 06/12/17 Sold $299,000 -0.3% $121 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $299,900 +9.1% $121 / Sq Ft
01/24/2014 01/24/14 Sold $275,000 -8.2% $74 / Sq Ft View Prior Sale
12/05/2013 12/05/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $299,500 -- $81 / 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 $1,799 $418,400 $50,500 $367,900
2023 $15 $302,900 $43,500 $259,400
2022 $1,848 $302,900 $43,500 $259,400
2021 $1,848 $302,900 $43,500 $259,400
2020 $1,848 $302,900 $43,500 $259,400
2019 $1,407 $230,600 $43,500 $187,100
2018 $1,407 $230,600 $43,500 $187,100
2017 $1,268 $206,800 $43,500 $163,300
2016 $1,268 $206,800 $43,500 $163,300
2015 $1,117 $206,800 $43,500 $163,300
2014 $1,117 $206,800 $43,500 $163,300
2013 $1,117 $206,800 $43,500 $163,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 835099

Roanoke Valley Association of REALTORS®

APN: 0670006501