NOT LISTED FOR SALE

498 Meeks Rd Penhook, VA 24137

Estimated Value: $425,000 - $799,000

4 Beds
4.5 Baths
3,209 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $320,000 $100 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,201/month

218 Days on Market

Highlights

  • 353 Feet of Waterfront
  • Horses Allowed On Property
  • Ranch Style House
  • Snow Creek Elementary School Rated A
  • Stream or River on Lot
  • Whirlpool Bathtub

About This Home

As of April 2019

Peace, Quiet, & Seclusion Are What You Will Find At This Beautiful Home Located on 18.83 Acres. Home is open and Airy. Decorated as a 5 bedroom, Second Kitchen & Den in Lower Level over sized Workshop 28 x 50. Beautiful Property w/ Trails for ATV. This Would Make A Great Horse Property Has 353 feet of Water Frontage on Pigg River. Bring your Kayak & Go Play.

Last Agent to Sell the Property

Pamela Gabriel

RE/MAX LAKEFRONT REALTY INC License #0225086197 Listed on: 08/17/2018

RE/MAX LAKEFRONT REALTY INC

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 2003

Lot Details

  • 18.83 Acre Lot
  • 353 Feet of Waterfront
  • Gentle Sloping Lot
  • Garden

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House

Interior Spaces

  • Central Vacuum
  • Ceiling Fan
  • Storage

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Stream or River on Lot
  • Balcony
  • Shed
  • Front Porch

Schools

  • Snow Creek Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Propane Water Heater

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,486

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage, Walk-in-Closet, Whirlpool Bath
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Central Vacuum, Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Balcony, Formal Garden, Garden Space, Storage Shed
  • BedroomsBREntryLevel: 4
  • EntryAboveGrdFin Sq Ft: 1834.00
  • ExteriorDoors: Metal
  • FullBathsFullBathsLowerLvl: 2
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Undetermined
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 353.00
  • LowerBelowGrdFin Sq Ft: 1375.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1834
  • TotalBdrm: 4
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 3209.00
  • TotalHBaths: 1
  • Water Class: Waterfront Property
  • Water Htr Energy: Propane
  • WaterID: River or Other
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic - 4BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted, Maint-Free Exterior, Paved Road, Stream

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 18.83

Building Info

  • Year Built: 2003

Tax Info

  • Taxes (6 mo): 1486.00

MLS Schools

  • Elementary School: Snow Creek
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Apr 26, 2019
Sold by
Kemp George F and Kemp Carol A
Bought by
Lloyd Shelley K
Seller's Agent
Pamela Gabriel
RE/MAX LAKEFRONT REALTY INC
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Current Estimated Value
$582,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,807
Avg. Annual Appreciation
9.36%
Original Mortgage
$256,000
Interest Rate
4.3%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lloyd Shelley K $320,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lloyd Shelley K $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $320,000 -3.0% $100 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
08/17/2018 08/17/18 For Sale $329,900 -- $103 / 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 $1,831 $425,700 $62,700 $363,000
2024 $1,831 $425,700 $62,700 $363,000
2023 $1,910 $313,100 $55,700 $257,400
2022 $1,910 $313,100 $55,700 $257,400
2021 $1,910 $313,100 $55,700 $257,400
2020 $1,910 $313,100 $55,700 $257,400
2019 $1,679 $275,300 $55,700 $219,600
2018 $1,679 $275,300 $55,700 $219,600
2017 $1,514 $242,400 $55,700 $186,700
2016 $1,514 $242,400 $55,700 $186,700
2015 $1,309 $242,400 $55,700 $186,700
2014 $1,309 $242,400 $55,700 $186,700
2013 $1,309 $242,400 $55,700 $186,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 851607

Roanoke Valley Association of REALTORS®

APN: 0860001507