NOT LISTED FOR SALE

480 Liberty Rd Penhook, VA 24137

Penhook Area

Estimated Value: $204,251

74.22 Acres
$2,752 Price per Acre
3,233,023 Sq Ft Lot

Sale Details

Date Sold: July 12, 2023

Last sale price $297,500

Est. 31% decrease in value since last sale

Current estimated payment $1,132 / mo

301 Days on Market

Highlights

  • 74.22 Acre Lot
  • Wooded Lot
  • Gentle Sloping Lot
  • Gretna Elementary School Rated A-
  • No HOA

About This Lot

As of July 2023

Beautiful, wooded tract at the base of Smith Mountain, great location to area amenities, Smith Mountain Lake public boat launch nearby, cell tower located on property, land lays well, road frontage on Liberty Road just off Route 40, Purchaser responsible for installation of well and septic, property currently taxed under land use.

Last Agent to Sell the Property

Barbara Johnston

SOUTH LAKE REAL ESTATE LLC License #0225041984 Listed on: 08/15/2022

Last Buyer's Agent

Barbara Johnston

SOUTH LAKE REAL ESTATE LLC License #0225041984 Listed on: 08/15/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $229

Lot Details

  • 74.22 Acre Lot
  • Gentle Sloping Lot
  • Wooded Lot
  • Property is zoned A-1

Mobile Home

  • Mobile Home Allowed

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$229

Lot Details

74.22 Acres

Listing Details

  • Type: Land
  • CondoAssocYN: No
  • ElectricDescription: Available
  • Land Sub Type: Undeveloped
  • Major Area: 16 - Pittsylvania County
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Other - See Remarks
  • Water Description: Other - See Remarks

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope, Varied
  • Total Acreage: 74.22
  • Wooded Acres: 74.00
  • Land Type: Land (Acreage)
  • ZoningCode: A-1

Tax Info

  • Taxes (6 mo): 229.00

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

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
Aug 15, 2022
Closed on
Jul 10, 2023
Sold by
Bought by
Seller's Agent
Barbara Johnston
SOUTH LAKE REAL ESTATE LLC
Buyer's Agent
Barbara Johnston
SOUTH LAKE REAL ESTATE LLC
List Price
$429,900
Sold Price
$297,500
Premium/Discount to List
-$132,400
-30.8%
Views
23
Current Estimated Value
$204,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,249
Avg. Annual Appreciation
-11.78%
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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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
$187,500 None Listed On Document
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
Previous Owner $650,000
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
07/12/2023 07/12/23 Sold $297,500 -30.8% --
06/12/2023 06/12/23 Pending -- -- --
08/15/2022 08/15/22 For Sale $429,900 -- --
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 $275 $162,800 $162,800 $0
2024 $249 $162,800 $162,800 $0
2023 $249 $162,800 $162,800 $0
2022 $229 $162,800 $162,800 $0
2021 $115 $162,800 $162,800 $0
2020 $229 $162,800 $162,800 $0
2019 $417 $162,800 $162,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Johnston

    Seller's Agent in 2023

    Barbara Johnston

    SOUTH LAKE REAL ESTATE LLC

    (540) 576-9981

    39 Total Sales

    Barbara Johnston
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 892153

Roanoke Valley Association of REALTORS®

APN: 1561-08-1853

Virginia Pittsylvania County Penhook 24137

480 Liberty Rd, Penhook, VA

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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