NOT LISTED FOR SALE

424 Lake Point Dr Penhook, VA 24137

Estimated Value: $825,000 - $1,093,000

4 Beds
3 Baths
1,680 Sq Ft
$606/Sq Ft Est. Value

Sale Details

Date Sold: September 6, 2016

Last sale price $500,000 $298 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,806 / mo

292 Days on Market

Highlights

  • 160 Feet of Waterfront
  • 1 Dock Slip
  • Deck
  • Gretna Elementary School Rated A-
  • Lake View
  • Ranch Style House

About This Home

As of September 2016

Fully furnished and ready to move in today! This incredible view and completely remodeled home will not last long! Open concept great room with vaulted ceilings, hardwood floors and fireplace. 4 bedrooms and 3 baths. Large deck. In-house stereo system in great room, deck and on the dock! Gretna Elementary, Middle and High Schools.

Last Agent to Sell the Property

Diana Salyer

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225046633 Listed on: 10/14/2015

Co-Listed By

Paul Moore

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225063311

Last Buyer's Agent

Eric Fansler

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225083679

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,761

Year Built

  • Built in 1977

Lot Details

  • 19,602 Sq Ft Lot
  • 160 Feet of Waterfront
  • Level Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House

Interior Spaces

  • 1,680 Sq Ft Home
  • Sound System
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Insulated Doors
  • Great Room with Fireplace
  • Lake Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Personal Watercraft Lift
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Deck
  • Front Porch

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Paloma Subdivision

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,761

Year Built

Built in 1977

Lot Details

0.45 Acres

Listing Details

  • Interior Features: Breakfast Area, Cathedral Ceiling, Masonry Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, In-House Stereo, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck
  • Views: Lake
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 4
  • EntryAboveGrdFin Sq Ft: 1680.00
  • ExteriorDoors: Insulated
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 160.00
  • Major Area: 16 - Pittsylvania County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1680
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 1680.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Water Class: Waterfront Property
  • WaterDetails: Short Term Rental
  • WaterDetailsNumberCoveredSlips: 1
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.45

Building Info

  • Year Built: 1977

Tax Info

  • Taxes (6 mo): 2761.00

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
Oct 14, 2015
Closed on
Aug 30, 2016
Sold by
Joyce Ronald M
Bought by
Maclellan David N
Seller's Agent
Diana Salyer
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Eric Fansler
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$544,900
Sold Price
$500,000
Premium/Discount to List
-$44,900
-8.24%
Current Estimated Value
$1,017,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,422
Avg. Annual Appreciation
7.62%
Original Mortgage
$400,000
Outstanding Balance
$316,231
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$701,191
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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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
Maclellan David N $500,000 Attorney
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 Maclellan David N $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2016 09/06/16 Sold $500,000 -8.2% $298 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
10/14/2015 10/14/15 For Sale $544,900 -- $324 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $4,565 $815,100 $525,000 $290,100
2024 $4,565 $815,100 $525,000 $290,100
2023 $4,565 $815,100 $525,000 $290,100
2022 $3,606 $562,300 $350,000 $212,300
2021 $3,486 $562,300 $350,000 $212,300
2020 $3,486 $562,300 $350,000 $212,300
2019 $3,486 $562,300 $350,000 $212,300
2018 $3,184 $562,300 $350,000 $212,300
2017 $3,181 $513,600 $350,000 $163,600
2016 $3,181 $539,100 $350,000 $189,100
2015 $3,181 $539,100 $350,000 $189,100
2011 -- $493,100 $310,000 $183,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Diana Salyer

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 761-8667

    43 Total Sales

    Diana Salyer
    Section Image

  • P

    Seller Co-Listing Agent in 2016

    Paul Moore

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 400-1595

    16 Total Sales

    Paul Moore
    Section Image
  • Eric Fansler

    Buyer's Agent in 2016

    Eric Fansler

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 871-8655

    92 Total Sales

    Eric Fansler
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 820088

Roanoke Valley Association of REALTORS®

APN: 1563-23-5464

Virginia Pittsylvania County Penhook 24137

424 Lake Point Dr, 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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