NOT LISTED FOR SALE

526 Jefferson Dock Rd Penhook, VA 24137

Estimated Value: $320,000 - $621,000

3 Beds
2 Baths
1,441 Sq Ft
$277/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $255,000 $177 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,194/month

52 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Ceiling Fan
  • No HOA
  • Shed
  • Level Lot

About This Home

As of October 2022

Affordable Lake Living at its Best! Great 3 Bedroom, 2 Bath home on just under an acre with Public Lake Access within .8 of a mile to the Penhook #9 boat ramp & 2 miles from Palmer's Marina . Storage buildings to convey. This could be a great lake getaway or full-time residence where you can enjoy the benefits of living close to Smith Mountain Lake. All appliances to convey ''as is''. Additional adjoining lot also for sale.

Last Agent to Sell the Property

James Nolen

PROPERTY NAVIGATORS LLC License #0225253192 Listed on: 07/11/2022

Last Buyer's Agent

Sheila Page

MKB, REALTORS(r) License #0225181260

MKB, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 2004

Lot Details

  • 0.91 Acre Lot
  • Level Lot
  • Property is zoned A1

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Hardboard

Interior Spaces

  • 1,441 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer

Outdoor Features

  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$876

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Storage Shed
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1441.00
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1441
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2022-09-01
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Lakeside
  • Total Above Grd Fin S Q F T: 1441
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1441.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.91
  • Lot: 4
  • ZoningCode: A1

Building Info

  • Year Built: 2004

Tax Info

  • Taxes (6 mo): 876.00
  • FILLTAXID: 0670003404

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Oct 6, 2022
Sold by
Walker Meg H
Bought by
Strohmeier Timothy
Seller's Agent
James Nolen
PROPERTY NAVIGATORS LLC
Buyer's Agent
Sheila Page
MKB, REALTORS(r)
List Price
$280,000
Sold Price
$255,000
Premium/Discount to List
-$25,000
-8.93%
Current Estimated Value
$399,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,343
Avg. Annual Appreciation
15.84%

Purchase Details

Closed on
Dec 22, 2009
Sold by
Hollingbrooks Michelle S and Hollings Michelle S
Bought by
Hewes Roy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2005
Sold by
Young Timothy M and Young Sarah R
Bought by
Holding Ronald W and Holding Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,446
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Strohmeier Timothy $255,000 Anchor Title
Strohmeier Timothy $255,000 Anchor Title
Hewes Roy F $155,000 --
Holding Ronald W $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hewes Roy F $80,000
Previous Owner Holding Ronald W $132,446
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $255,000 -8.9% $177 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $280,000 -- $194 / 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 $1,185 $275,600 $32,000 $243,600
2023 $876 $143,600 $21,000 $122,600
2022 $876 $143,600 $21,000 $122,600
2021 $876 $143,600 $21,000 $122,600
2020 $876 $143,600 $21,000 $122,600
2019 $805 $131,900 $21,000 $110,900
2018 $805 $131,900 $21,000 $110,900
2017 $725 $135,800 $21,000 $114,800
2016 $725 $135,800 $21,000 $114,800
2015 $733 $135,800 $21,000 $114,800
2014 $733 $135,800 $21,000 $114,800
2013 $733 $135,800 $21,000 $114,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 891178

Roanoke Valley Association of REALTORS®

APN: 0670003404