Seller's Agent in 2020
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
(540) 797-3177
167 Total Sales
429 Locust Ln Penhook, VA 24137
Estimated Value: $963,278 - $1,216,000
4
Beds
2
Baths
1,900
Sq Ft
$546/Sq Ft
Est. Value
Highlights
- 125 Feet of Waterfront
- 2 Dock Slips
- Deck
- Gretna Elementary School Rated A-
- Lake View
- Cathedral Ceiling
About This Home
As of March 2020Must see this beautiful cottage-style waterfront home on Smith Mountain Lake. Special features include custom tile, recessed lights, vaulted and tray ceilings with skylights. New Trane heat pump installed in 2019 with a remote thermostat. The lot is nearly flat with a large open yard for playing games, and a lakeside fire pit for relaxing. Plus, 125 feet of shoreline, a double slip boat dock with a heavy duty lift and touchless boat cover. Fantastic water view you can enjoy from the full view windows inside, or the covered front porch and patio. Home is located on a private road with a paved circle driveway, near the point of a peninsula on ''big water'' near the mountain and close to a ramp for putting boats in.
Last Agent to Sell the Property
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225083584 Listed on: 02/04/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,882
Year Built
- Built in 1979
Lot Details
- 0.74 Acre Lot
- 125 Feet of Waterfront
- Property fronts a private road
- Gentle Sloping Lot
- Property is zoned RC1
Home Design
- Cottage
- Stone Siding
Interior Spaces
- Wet Bar
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Sliding Doors
- Lake Views
- Laundry on main level
Kitchen
- Built-In Oven
- Cooktop
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Rip-Rap
- Boat Hoist or Davit
- 2 Dock Slips
- Covered Dock
- Deck
- Covered Patio or Porch
Utilities
- Heat Pump System
- Underground Utilities
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2020
Closed on
Mar 9, 2020
Sold by
Brammer Charles R and Brammer Suzanne E
Bought by
Strahan Sam R and Strahan Susan W
Seller's Agent
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
REG ANDERSON
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,570
Avg. Annual Appreciation
11.47%
Original Mortgage
$508,500
Outstanding Balance
$449,491
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$587,079
Purchase Details
Closed on
Jul 5, 2011
Sold by
Phillips Daniel P
Bought by
Brammer Charles R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.62%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Strahan Sam R | $565,000 | First Choice Title & Stlmnt | |
| Brammer Charles R | $475,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Strahan Sam R | $508,500 | |
| Previous Owner | Brammer Charles R | $380,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2020 03/27/20 | Sold | $565,000 | -5.7% | $297 / Sq Ft |
| 02/24/2020 02/24/20 | Pending | -- | -- | -- |
| 02/04/2020 02/04/20 | For Sale | $599,000 | -- | $315 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $4,006 | $715,400 | $420,000 | $295,400 |
| 2024 | $4,006 | $715,400 | $420,000 | $295,400 |
| 2023 | $4,006 | $715,400 | $420,000 | $295,400 |
| 2022 | $3,002 | $464,800 | $280,000 | $184,800 |
| 2021 | $2,882 | $464,800 | $280,000 | $184,800 |
| 2020 | $2,882 | $464,800 | $280,000 | $184,800 |
| 2019 | $2,882 | $464,800 | $280,000 | $184,800 |
| 2018 | $2,882 | $464,800 | $280,000 | $184,800 |
| 2017 | $2,632 | $464,800 | $280,000 | $184,800 |
| 2016 | $2,632 | $446,100 | $280,000 | $166,100 |
| 2015 | $2,632 | $446,100 | $280,000 | $166,100 |
| 2011 | -- | $383,400 | $230,000 | $153,400 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Shelton
-
REG ANDERSON
R
Buyer's Agent in 2020
REG ANDERSON
WAINWRIGHT & CO., REALTORS(r)- LAKE
(540) 297-4111
103 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 866552
APN: 1563-54-3702
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