NOT LISTED FOR SALE

53 Bay View Cir Penhook, VA 24137

Estimated Value: $2,829,000 - $3,178,178

0.75 Acre
$4,028,079 Price per Acre
32,670 Sq Ft Lot

Last Sold July 09, 2020

Last sale price $425,000

Est. 611% increase in value since last sale

Current estimated payment $17,111/month

86 Days on Market

Highlights

  • 204 Feet of Waterfront
  • Floating Dock
  • No HOA
  • Snow Creek Elementary School Rated A
  • Lake View
  • Personal Watercraft Lift

About This Lot

As of July 2020

Beautiful long wide lake and mountain views from this level point lot in The Water's Edge. Ideal for building. Situated in a cul-de-sac with high end homes. Dock already in place including 2 PWC lifts and storage building w/ granite bar. 14 ft deep clear water at end of dock. AEP documents in place. Park like setting. Irrigation pump installed. Over 200 ft of waterfront. One of the prettiest lots available. Easy to walk or drive on. If you want to build a dream home, don't miss seeing this.

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 03/04/2020

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Debbie Shelton

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225083584

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,653

Lot Details

  • 0.75 Acre Lot
  • 204 Feet of Waterfront
  • Level Lot

Property Views

  • Lake
  • Mountain

Schools

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

Utilities

  • Underground Utilities

Listing and Financial Details

  • Tax Lot 355

Community Details

Overview

  • No Home Owners Association
  • The Waters Edge Subdivision

Recreation

  • Personal Watercraft Lift
  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • Floating Dock
  • Covered Dock

Property Details

Property Type

Land

Est. Annual Taxes

$2,653

Lot Details

0

Listing Details

  • Type: Land
  • Views: Lake, Mountain, Sunrise
  • ElectricDescription: Below Ground
  • Land Sub Type: Residential - Single Family
  • LengthOfWaterfront: 204.00
  • Major Area: 04 - Franklin County
  • OtherWaterDetailsShorelineMgmtPlan: Yes
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2020-05-29
  • SubdivisionMap: The Waters Edge
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Other - See Remarks, Underground Util

Schools

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

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Level, Other - See Remarks
  • Total Acreage: 0.75
  • Lot: 355
  • Land Type: Lot

Green Features

  • Water Features: Point, Riprap Shoreline

Tax Info

  • Taxes (6 mo): 2653.00
  • FILLTAXID: 0510912200

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
Mar 4, 2020
Closed on
Jul 6, 2020
Sold by
Reynolds Karen H and Reynolds Michael S
Bought by
Greene William G and Greene Susanna G
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$3,021,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,596,059
Avg. Annual Appreciation
45.60%

Purchase Details

Listed on
Feb 1, 2012
Closed on
Apr 17, 2017
Sold by
Craddock Theodore J and The Peter A Leggett Revocable
Bought by
Reynolds S Michael and Reynolds Karen H
Seller's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Mary Lou McDonald
ML REALTY BROKERED BY MAGNOLIA MOUNTAIN REALTY LLC
List Price
$469,000
Sold Price
$390,000
Premium/Discount to List
-$79,000
-16.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%

Purchase Details

Closed on
Jul 28, 2014
Sold by
Craddock Theodore J and The Estate Of Peter A Leggett
Bought by
Craddock Theodore J and The Peter A Leggett Revocable
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
Greene William G $425,000 Fidelity National Ttl Ins Co
Reynolds S Michael -- None Available
Craddock Theodore J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $425,000 0.0% --
05/29/2020 05/29/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $425,000 +9.0% --
05/02/2017 05/02/17 Sold $390,000 -16.8% --
03/31/2017 03/31/17 Pending -- -- --
02/01/2012 02/01/12 For Sale $469,000 -- --
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
2024 $13,122 $3,051,700 $447,500 $2,604,200
2023 $4,844 $794,100 $411,300 $382,800
2022 $2,854 $467,800 $406,300 $61,500
2021 $2,797 $458,500 $406,300 $52,200
2020 $2,797 $458,500 $406,300 $52,200
2019 $2,790 $457,300 $406,300 $51,000
2018 $2,790 $457,300 $406,300 $51,000
2017 $2,515 $558,200 $500,000 $58,200
2016 $2,515 $558,200 $500,000 $58,200
2015 $3,014 $558,200 $500,000 $58,200
2014 $3,014 $558,200 $500,000 $58,200
2013 $3,014 $558,200 $500,000 $58,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jane Sullivan Horne

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 493-1690

    111 Total Sales

    Jane Sullivan Horne
    Section Image
  • Debbie Shelton

    Buyer's Agent in 2020

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 797-3177

    169 Total Sales

    Debbie Shelton
    Section Image
  • Vicki Millehan

    Seller's Agent in 2017

    Vicki Millehan

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 520-2401

    227 Total Sales

    Vicki Millehan
    Section Image
  • Mary Lou McDonald

    Buyer's Agent in 2017

    Mary Lou McDonald

    ML REALTY BROKERED BY MAGNOLIA MOUNTAIN REALTY LLC

    (540) 537-3073

    148 Total Sales

    Mary Lou McDonald
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 867463

Roanoke Valley Association of REALTORS®

APN: 0510912200

Virginia Franklin County Penhook 24137

53 Bay View Cir, Penhook, VA

This home is located at 53 Bay View Cir, Penhook, VA 24137 since 04 March 2020 and is currently estimated at $3,021,059. 53 Bay View Cir is a home located in Franklin County with nearby schools including Snow Creek Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

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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