NOT LISTED FOR SALE

500 Smithview Dr Glade Hill, VA 24092

Estimated Value: $664,000 - $784,000

5.92 Acres
$123,307 Price per Acre
257,875 Sq Ft Lot

Last Sold September 11, 2020

Last sale price $284,000 $163 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $4,186/month

3 Days on Market

Highlights

  • 268 Feet of Waterfront
  • Horses Allowed On Property
  • No HOA
  • Floating Dock
  • Lake View
  • Gentle Sloping Lot

About This Lot

As of September 2020

Unique waterfront lot with over 200 feet of waterfrontage. Cozy cottage for weekend getaway. Own your own piece of lake paradise. Enjoy your view of the lake located on Blackwater. Enjoy your water fun from any of the three docks included with this property. 2 mobile homes (owned by tenants) who lease the land. New well services all three locations. Two shared septic systems pumped in 2018. Many updates to cottage since 2018 to include new metal roof, new split pack for heating and air, new windows and new 200 amp electrical panel. Road maintenance $250 annually.

Last Agent to Sell the Property

Michelle Vandergrift

KELLER WILLIAMS REALTY LYNCHBURG License #0225207474 Listed on: 08/07/2020

KELLER WILLIAMS REALTY LYNCHBURG

Co-Listed By

Regina Sparks

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225206125

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,500

Lot Details

  • 5.92 Acre Lot
  • 268 Feet of Waterfront
  • Property fronts a private road
  • Gentle Sloping Lot

Schools

  • Glade Hill Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Shared Well
  • Cable TV Available

Additional Features

  • Lake Views
  • Horses Allowed On Property
  • Mobile Home Allowed

Listing and Financial Details

  • Tax Lot 5A

Community Details

Overview

  • No Home Owners Association

Recreation

  • Floating Dock

Property Details

Property Type

Land

Est. Annual Taxes

$1,500

Lot Details

0

Listing Details

  • Type: Land
  • Views: Lake
  • ElectricDescription: Above Ground
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • Land Sub Type: Residential - Single Family
  • LengthOfWaterfront: 268.00
  • Major Area: 04 - Franklin County
  • OtherWaterDetailsChannelMarker: B41
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2020-08-10
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Shared Septic
  • Water Description: Shared Well

Association/Amenities

  • Misc Features: Cable TV Avail, Horses Permitted

Schools

  • Elementary School: Glade Hill
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope
  • Total Acreage: 5.92
  • Lot: 5A
  • Land Type: Lot

Green Features

  • Water Features: Cove

Tax Info

  • Taxes (6 mo): 1500.00
  • FILLTAXID: 0530007203

MLS Schools

  • Elementary School: Glade Hill
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2015
Sold by
Aquilina Renae L and Aquilina Philip
Bought by
Aquilina Renae L
Current Estimated Value
$729,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Outstanding Balance
$308,792
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$403,701

Purchase Details

Listed on
Feb 13, 2013
Closed on
May 23, 2013
Sold by
Turners Building Inc
Bought by
Aquilina Philip and Aquilina Renae L
Seller's Agent
Dana Montgomery
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Todd Maxey
KELLER WILLIAMS REALTY ROANOKE
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$313,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2013
Closed on
May 20, 2013
Sold by
Turners Building Inc
Bought by
Aquilina Philip and Aquilina Renae L
Seller's Agent
Dana Montgomery
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Todd Maxey
KELLER WILLIAMS REALTY ROANOKE
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Aquilina Renae L -- None Available
Aquilina Philip $330,000 None Available
Aquilina Philip $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aquilina Renae L $85,000
Open Aquilina Renae L $396,000
Closed Aquilina Philip $52,000
Closed Aquilina Philip $313,500
Closed Aquilina Philip $313,500
Previous Owner Peters Raymond A $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $284,000 -16.2% $163 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $339,000 +123.0% $194 / Sq Ft
11/07/2019 11/07/19 Sold $152,000 -7.9% $87 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $165,000 -12.2% $95 / Sq Ft
04/06/2018 04/06/18 Sold $188,000 -11.5% $108 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $212,500 -35.6% $122 / Sq Ft
05/23/2013 05/23/13 Sold $330,000 -5.7% $95 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $350,000 -- $100 / 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
2024 $2,511 $584,000 $137,000 $447,000
2023 $2,007 $329,000 $130,000 $199,000
2022 $2,007 $329,000 $130,000 $199,000
2021 $2,007 $329,000 $130,000 $199,000
2020 $2,007 $329,000 $130,000 $199,000
2019 $1,954 $320,400 $130,000 $190,400
2018 $1,954 $320,400 $130,000 $190,400
2017 $1,762 $322,400 $135,000 $187,400
2016 $1,762 $322,400 $135,000 $187,400
2015 $1,741 $322,400 $135,000 $187,400
2014 $1,741 $322,400 $135,000 $187,400
2013 $1,741 $322,400 $135,000 $187,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 872132

Roanoke Valley Association of REALTORS®

APN: 0530007500