NOT LISTED FOR SALE

4750 Smith Mountain Rd Penhook, VA 24137

Estimated Value: $281,129 - $500,000

1.3 Acres
$281,315 Price per Acre
56,628 Sq Ft Lot

Last Sold November 13, 2018

Last sale price $168,000

Est. 118% increase in value since last sale

Current estimated payment $1,975/month

69 Days on Market

Highlights

  • 262 Feet of Waterfront
  • 1 Dock Slip
  • Secluded Lot
  • Gretna Elementary School Rated A-
  • Lake View
  • Wooded Lot

About This Lot

As of November 2018

PRIVATE WATERFRONT LOT W/ BOATDOCK W/ ELEC HOIST!!! UNRESTRICTED LOT!!! NO SUBDIVISION!!! Gorgeous waterfront in a private cove near SML Dam. Beautiful setting, wonderful for your lake getaway. Perfect for a waterfront cabin, chalet, home... Buyer to install well/septic. Gretna schools.

Last Agent to Sell the Property

Christy Ploch

MARK A DALTON & COMPANY INC License #0225042728 Listed on: 07/02/2018

Last Buyer's Agent

Christy Ploch

MARK A DALTON & COMPANY INC License #0225042728 Listed on: 07/02/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $288

Lot Details

  • 1.3 Acre Lot
  • 262 Feet of Waterfront
  • Property fronts a private road
  • Secluded Lot
  • Wooded Lot

Utilities

  • Water Not Available
  • Sewer Not Available

Additional Features

  • Lake Views
  • Mobile Home Allowed

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Hoist or Davit
  • 1 Dock Slip

Property Details

Property Type

Land

Est. Annual Taxes

$288

Lot Details

0

Listing Details

  • Type: Land
  • Views: Lake
  • ElectricDescription: Above Ground
  • Land Sub Type: Residential - Single Family
  • LengthOfWaterfront: 262.00
  • Major Area: 16 - Pittsylvania County
  • OtherWaterDetailsNbrOfCoveredSlips: 1
  • Hoa2 Or Poa: No
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Gas Description: None Available
  • Sewer Description: None
  • Water Description: None

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Varied
  • Total Acreage: 1.30
  • Lot: 1
  • Land Type: Lot

Green Features

  • Water Features: Cove

Tax Info

  • Taxes (6 mo): 288.00

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

Closed on
Aug 25, 2023
Sold by
Edwards Robert L and Edwards Pacie P
Bought by
Edwards Family Revocable Living Trust
Current Estimated Value
$365,710

Purchase Details

Listed on
Jul 2, 2018
Closed on
Nov 7, 2018
Sold by
Weaver David C and Altice-Weaver Christie
Bought by
Edwards Robert Lee and Edwards Pacie Parker
Seller's Agent
Christy Ploch
MARK A DALTON & COMPANY INC
Buyer's Agent
Christy Ploch
MARK A DALTON & COMPANY INC
List Price
$172,000
Sold Price
$168,000
Premium/Discount to List
-$4,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%
Original Mortgage
$126,000
Interest Rate
4.7%
Mortgage Type
Commercial
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
Edwards Family Revocable Living Trust -- None Listed On Document
Edwards Robert Lee $168,000 Virginia First Title & Stlmn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Robert Lee $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2018 11/13/18 Sold $168,000 -2.3% --
09/09/2018 09/09/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $172,000 -- --
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 $784 $140,000 $125,000 $15,000
2024 $784 $140,000 $125,000 $15,000
2023 $784 $140,000 $125,000 $15,000
2022 $465 $75,000 $60,000 $15,000
2021 $465 $75,000 $60,000 $15,000
2020 $465 $75,000 $60,000 $15,000
2019 $465 $75,000 $60,000 $15,000
2018 $465 $75,000 $60,000 $15,000
2017 $531 $75,000 $60,000 $15,000
2016 $531 $90,000 $60,000 $30,000
2015 $531 $90,000 $60,000 $30,000
2011 -- $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 850096

Roanoke Valley Association of REALTORS®

APN: 1563-94-3331