NOT LISTED FOR SALE

425 Island View Dr Penhook, VA 24137

Estimated Value: $1,591,000 - $2,226,000

5 Beds
4.5 Baths
3,300 Sq Ft
$602/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $945,500 $287 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $11,056/month

847 Days on Market

Highlights

  • 136 Feet of Waterfront
  • Golf Course Community
  • Lake View
  • 2 Dock Slips
  • Stables
  • Deck

About This Home

As of May 2020

The Waters Edge - Low Country home speaks relaxation and warmth. Wide porches that shade the interior from the sun. Expansive porches and patios, sunroom overlooking the lake, gentle slope with great boat dock, wood beam ceilings and stone fireplace. Main floor master with private guest rooms on upper level. Active club membership available.

Last Agent to Sell the Property

Vicki Millehan

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225015182 Listed on: 11/08/2017

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Wil Childress

LAKE RETREAT PROPERTIES INC. License #0225189859

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $6,712

Year Built

  • Built in 1989

Lot Details

  • 0.46 Acre Lot
  • 136 Feet of Waterfront
  • Level Lot

Property Views

  • Lake
  • Mountain

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Brick Exterior Construction

Interior Spaces

  • 3,300 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Alarm System

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces

Outdoor Features

  • Rip-Rap
  • Boat Hoist or Davit
  • 2 Dock Slips
  • Covered Dock
  • Deck

Schools

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

Horse Facilities and Amenities

  • Stables

Utilities

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

Listing and Financial Details

  • Tax Lot 72

Community Details

Overview

  • No Home Owners Association
  • The Waters Edge Subdivision

Recreation

  • Golf Course Community

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$6,712

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Interior Features: Alarm, Cathedral Ceiling, Gas Log Fireplace, Wet Bar
  • Heating System: Heat Pump Gas
  • Fireplace(s): Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Central Vacuum, Clothes Dryer, Compacter, Dishwasher, Disposer, Microwave Oven (Built In), Wall Oven
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Paved Driveway, Screened Porch
  • Views: Lake, Mountain, Sunset
  • BedroomsBREntryLevel: 2
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 2100.00
  • ExteriorDoors: Fiberglass
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 5400
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 136.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2020-03-04
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 3300
  • TotalBdrm: 5
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 3300.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 2100.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Other
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 2100.00
  • UpperAboveGrdFin Sq Ft: 1200.00
  • Water Class: Waterfront Property
  • WaterDetailsNumberCoveredSlips: 2
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • 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: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Underground Util

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.46
  • Lot: 72

Green Features

  • Water Features: Cove, Riprap Shoreline

Building Info

  • Year Built: 1989

Tax Info

  • Taxes (6 mo): 6712.44
  • FILLTAXID: 0510607200

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
Nov 8, 2017
Closed on
Apr 20, 2020
Sold by
Knight Milton F and Knight Deborah
Bought by
Zahalka Thomas L and Zahalka Catherine A
Seller's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Wil Childress
LAKE RETREAT PROPERTIES INC.
List Price
$999,999
Sold Price
$945,500
Premium/Discount to List
-$54,499
-5.45%
Current Estimated Value
$1,985,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,040,479
Avg. Annual Appreciation
14.50%
Original Mortgage
$661,850
Outstanding Balance
$583,172
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$1,402,807
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
Zahalka Thomas L $945,500 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zahalka Thomas L $661,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2020 05/08/20 Sold $945,500 -5.4% $287 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
11/08/2017 11/08/17 For Sale $999,999 -- $303 / 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 $7,689 $1,788,100 $454,000 $1,334,100
2023 $5,981 $980,500 $389,000 $591,500
2022 $5,927 $971,600 $389,000 $582,600
2021 $5,774 $946,500 $389,000 $557,500
2020 $5,774 $946,500 $389,000 $557,500
2019 $6,712 $1,100,400 $630,000 $470,400
2018 $6,712 $1,100,400 $630,000 $470,400
2017 $6,052 $1,038,500 $555,000 $483,500
2016 $6,052 $1,038,500 $555,000 $483,500
2015 -- $1,038,500 $555,000 $483,500
2014 -- $1,038,500 $555,000 $483,500
2013 -- $1,038,500 $555,000 $483,500
Source: Public Records

Agents Affiliated with this Home

  • Vicki Millehan

    Seller's Agent in 2020

    Vicki Millehan

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 520-2401

    107 in this area

    224 Total Sales

    Vicki Millehan
    Section Image
  • Wil Childress

    Buyer's Agent in 2020

    Wil Childress

    LAKE RETREAT PROPERTIES INC.

    (540) 312-7002

    2 in this area

    177 Total Sales

    Wil Childress
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 842903

Roanoke Valley Association of REALTORS®

APN: 0510607200

Virginia Franklin County Penhook 24137

425 Island View Dr, Penhook, VA

This home is located at 425 Island View Dr, Penhook, VA 24137 since 08 November 2017 and is currently estimated at $1,985,979, approximately $601 per square foot. This property was built in 1989. 425 Island View Dr is a home located in Franklin County with nearby schools including Glade Hill Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

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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