NOT LISTED FOR SALE

403 Morgans Fork Rd Penhook, VA 24137

Penhook Area

Estimated Value: $321,000 - $922,000

4 Beds
1 Bath
1,332 Sq Ft
$366/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2017

Last sale price $175,000 $131 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,777 / mo

49 Days on Market

Highlights

  • Golf Course Community
  • 2.75 Acre Lot
  • Wood Burning Stove
  • Barn
  • Mountain View
  • Ranch Style House

About This Home

As of October 2017

This well maintained brick ranch with mountain views is just 2 miles from a public boat dock to beautiful Smith Mountain Lake! There is an additional 952(unfinished) sq ft in the basement. There is a barn on the 2.75 +/- acres and there is more land available if needed! The new property line will be 50' from the house on the south side. Just a hour from Danville,Lynchburg,Martinsville and Roanoke!

Last Agent to Sell the Property

Tracy David

DAVID & COMPANY REALTY LLC License #0225243855 Listed on: 08/02/2017

Last Buyer's Agent

Tracy David

DAVID & COMPANY REALTY LLC License #0225243855 Listed on: 08/02/2017

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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Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $686

Year Built

  • Built in 1955

Lot Details

  • 2.75 Acre Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,332 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Flue
  • Mountain Views
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Open Parking Spaces
  • 2 Parking Spaces
  • Attached Carport
  • Off-Street Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Barn

Community Details

Recreation

  • Golf Course Community

Additional Features

  • No Home Owners Association
  • Restaurant

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$686

Year Built

Built in 1955

Lot Details

2.75 Acres

Listing Details

  • Interior Features: Ceiling Fan, Flue Available, Wood Stove
  • Heating System: Heat Pump Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Range Electric, Range Hood
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Barn, Covered Porch, Paved Driveway
  • Views: Mountain, Sunrise, Sunset
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 952.00
  • ExteriorDoors: Wood
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1332
  • TotalBdrm: 4
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1332.00
  • TotalUnfin Sq Ft: 952.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 952.00
  • UpperAboveGrdFin Sq Ft: 380.00
  • WaterAccOnlyAAccessOnOffSite: Off Site
  • WaterAccOnlyADistanceToOffSite: 2
  • WaterAccOnlyB: Other - See Remarks
  • 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, Rear Porch

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Paved Road, Underground Util

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.75
  • ZoningCode: A1

Building Info

  • Year Built: 1955

Tax Info

  • Taxes (6 mo): 686.00

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Oct 4, 2017
Sold by
Bought by
Seller's Agent
Tracy David
DAVID & COMPANY REALTY LLC
Buyer's Agent
Tracy David
DAVID & COMPANY REALTY LLC
List Price
$169,000
Sold Price
$175,000
Premium/Discount to List
$6,000
3.55%
Current Estimated Value
$487,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,942
Avg. Annual Appreciation
12.23%
Original Mortgage
$115,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Penhook, VA

  • Charlene Jones Real Estate Agent - Re/Max Lakefront Realty

    Charlene Jones

    Re/Max Lakefront Realty

    (540) 698-4928

    181 Total Sales

    5 in Penhook

    $200K - $1.5M Price Range

    Charlene Jones
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  • Billy Kingery Real Estate Agent - MOUNTAIN TO LAKE REALTY

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 590-5830

    373 Total Sales

    1 in Penhook

    $350,000 Price

    Billy Kingery
     Section Image
  • Dawn Lambert Real Estate Agent - EXP REALTY LLC - SML

    Dawn Lambert

    EXP REALTY LLC - SML

    (540) 787-2817

    124 Total Sales

    1 in Penhook

    $1,800,000 Price

    Dawn Lambert
     Section Image
  • Adam Lynch Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Adam Lynch

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 590-5647

    62 Total Sales

    3 in Penhook

    $160K - $1.8M Price Range

    Adam Lynch
     Section Image
  • Dana Montgomery Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Dana Montgomery

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 900-1958

    81 Total Sales

    3 in Penhook

    $765K - $3.3M Price Range

    Dana Montgomery
     Section Image
  • Jan McGraw Real Estate Agent - EXP REALTY LLC - STAFFORD

    Jan McGraw

    EXP REALTY LLC - STAFFORD

    (540) 666-6569

    23 Total Sales

    3 in Penhook

    $960K - $3M Price Range

    Jan McGraw
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$175,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $270,655
Closed $136,853
Closed $115,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/04/2017 10/04/17 Sold $175,000 +3.6% $131 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $169,000 -- $127 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,205 $280,200 $46,700 $233,500
2024 $1,205 $280,200 $46,700 $233,500
2023 $1,271 $208,400 $39,700 $168,700
2022 $1,271 $208,400 $39,700 $168,700
2021 $1,064 $174,500 $39,700 $134,800
2020 $1,064 $174,500 $39,700 $134,800
2019 $761 $124,700 $39,700 $85,000
2018 $761 $124,700 $39,700 $85,000
2017 $686 $138,100 $39,700 $98,400
2016 $686 $138,100 $39,700 $98,400
2015 $746 $138,100 $39,700 $98,400
2014 $746 $138,100 $39,700 $98,400
2013 $746 $138,100 $39,700 $98,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tracy David

    DAVID & COMPANY REALTY LLC

    (540) 263-0007

    25 Total Sales

    Tracy David
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 840089

Roanoke Valley Association of REALTORS®

APN: 0670007100

Virginia Franklin County Penhook 24137

403 Morgans Fork Rd, Penhook, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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