NOT LISTED FOR SALE

448 Lakeside Rd Penhook, VA 24137

Estimated Value: $458,784 - $894,000

2 Beds
2 Baths
1,064 Sq Ft
$607/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $405,000 $381 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,491/month

76 Days on Market

Highlights

  • 103 Feet of Waterfront
  • No HOA
  • Manufactured Home
  • Gretna Elementary School Rated A-
  • Shed
  • Gentle Sloping Lot

About This Home

As of March 2022

Looking for an immaculate lake getaway? Situated on the part of Smith Mountain Lake known for best water clarity, on a no-wake cove with mountain views, this home offers a gentle slope to the dock where you can enjoy all the lake has to offer! The 2 bedroom 2 bath home, original in 1990, was completely remodeled in 2015. Golf cart-friendly community, on a corner lot; two new storage buildings, 14' x 28' and 10' x 20' also convey with property. Great location on the water to restaurants, marina and the dam. So if you are ready to take the plunge... this is an affordable way to lakefront living!

Last Agent to Sell the Property

Jody Lyons

LYONS TEAM, REALTORS(r) License #0225058838 Listed on: 11/19/2021

Last Buyer's Agent

David Simon

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225104207

WAINWRIGHT & CO., REALTORS(r)- LAKE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1990

Lot Details

  • 1.57 Acre Lot
  • 103 Feet of Waterfront
  • Gentle Sloping Lot

Home Design

  • Single Family Detached Home

Interior Spaces

  • 1,064 Sq Ft Home
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Shed
  • Manufactured Home
  • Heat Pump System

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,600

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Manufactured Home
  • Has Basement: Crawl Space
  • Cooling System: Heat Pump Electric
  • Outside Features: Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1064.00
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 103.27
  • Major Area: 16 - Pittsylvania County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Total Above Grd Fin S Q F T: 1064
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1064.00
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.57

Building Info

  • Year Built: 1990

Tax Info

  • Taxes (6 mo): 2600.00

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
Nov 19, 2021
Closed on
Feb 18, 2022
Sold by
Strader Iii Roy P
Bought by
Cook Robert Austin
Seller's Agent
Jody Lyons
LYONS TEAM, REALTORS(r)
Buyer's Agent
David Simon
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$419,900
Sold Price
$405,000
Premium/Discount to List
-$14,900
-3.55%
Current Estimated Value
$645,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,946
Avg. Annual Appreciation
13.11%
Original Mortgage
$397,664
Outstanding Balance
$370,880
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$275,066

Purchase Details

Closed on
Jul 10, 2013
Sold by
Miller Glenn F
Bought by
Strader Roy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cook Robert Austin $405,000 Fidelity National Title
Strader Roy P $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Robert Austin $397,664
Previous Owner Strader Roy P $87,750
Closed Cook Robert Austin $20,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2022 03/14/22 Sold $405,000 -3.5% $381 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
11/19/2021 11/19/21 For Sale $419,900 -- $395 / 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
2025 $1,285 $229,500 $200,000 $29,500
2024 $1,285 $229,500 $200,000 $29,500
2023 $1,285 $229,500 $200,000 $29,500
2022 $1,043 $148,800 $125,000 $23,800
2021 $923 $148,800 $125,000 $23,800
2020 $923 $148,800 $125,000 $23,800
2019 $923 $148,800 $125,000 $23,800
2018 $923 $148,800 $125,000 $23,800
2017 $439 $148,800 $125,000 $23,800
2016 $878 $148,800 $125,000 $23,800
2015 $841 $142,500 $125,000 $17,500
2011 -- $146,000 $140,000 $6,000
Source: Public Records

Agents Affiliated with this Home

  • Jody Lyons

    Seller's Agent in 2022

    Jody Lyons

    LYONS TEAM, REALTORS(r)

    (540) 537-4932

    101 Total Sales

    Jody Lyons
    Section Image
  • David Simon

    Buyer's Agent in 2022

    David Simon

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (434) 426-1520

    117 Total Sales

    David Simon
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 885467

Roanoke Valley Association of REALTORS®

APN: 1563-30-1437

Virginia Pittsylvania County Penhook 24137

448 Lakeside Rd, Penhook, VA

Not Listed for Sale

Mobile Manufactured

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