Seller's Agent in 2020
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
(540) 797-3177
164 Total Sales
429 Locust Ln Penhook, VA 24137
Estimated Value: $924,630 - $979,000
4
Beds
2
Baths
1,900
Sq Ft
$496/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
- 32,234 Sq Ft 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
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
Feb 4, 2020
Closed on
Mar 9, 2020
Sold by
Bought by
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
$359,291
Avg. Annual Appreciation
8.48%
Original Mortgage
$508,500
Interest Rate
0.034%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 5, 2011
Sold by
Bought by
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
0.0462%
Mortgage Type
New Conventional
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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 |
|---|---|---|---|
| $565,000 | First Choice Title & Stlmnt | ||
| $475,000 | -- |
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 |
|---|---|---|---|
| Closed | $508,500 | ||
| Closed | $377,600 | ||
| Closed | $380,000 |
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 |
|---|---|---|---|---|
| 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
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 | $4,435 | $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
77 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 866552
APN: 1563-54-3702
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