NOT LISTED FOR SALE

535 Morgans Mill Dr Penhook, VA 24137

Penhook Area

Estimated Value: $990,000 - $1,380,000

3 Beds
3.5 Baths
3,264 Sq Ft
$381/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2021

Last sale price $1,025,000 $314 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,145 / mo

14 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Golf Course Community
  • Deck
  • 1 Dock Slip
  • Lake View
  • Contemporary Architecture

About This Home

As of November 2021

The Water's Edge - Completely renovated home in 2021 with top line finishes and water views from every room! NEW Hardwood floors through out main level, gourmet kitchen w/custom cabinets, Quartz counter tops, and pantry. NEW interior and exterior doors, stainless appliances and expansive living room picture windows!! Luxurious main level master suite w/oversized ornate natural marble tiled bathroom, quartz countertops, a large walk-in marble shower with two Delta faucets, and a free standing tub. Lower level offers fresh ceramic floors throughout, new custom kitchen w/marble countertops, and new ss appliances. Cozy family room w/new gas log fireplace, another master suite w/it's own bathroom, and one one more bedroom + full bath w/walk in tile shower.

Last Agent to Sell the Property

Alla Scott

COLDWELL BANKER TOWNSIDE, REALTORS(r) License #0225215407 Listed on: 09/15/2021

COLDWELL BANKER TOWNSIDE, REALTORS(r)

Co-Listed By

Irina Hallacher

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225191711

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,627

Year Built

  • Built in 1990

Lot Details

  • 25,265 Sq Ft Lot
  • 100 Feet of Waterfront
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • Skylights
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Lake Views
  • Basement
  • Fireplace in Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • In-Law or Guest Suite

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Rip-Rap
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Deck
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 348

Community Details

Overview

  • No Home Owners Association
  • The Waters Edge Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,627

Year Built

Built in 1990

Lot Details

0.58 Acres

Listing Details

  • Interior Features: Breakfast Area, Cathedral Ceiling(s), Ceiling Fan(s), Other - See Remarks, Skylight, Walk-In Closet(s)
  • Heating System: Heat Pump Electric
  • Fireplace(s): Basement, Family Room, Gas Log, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full, Walk-Out Access
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, On Golf Course, Other - See Remarks, Paved Driveway, Tennis Court(s)
  • Views: Lake, Mountain(s)
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1632.00
  • ExteriorDoors: Metal
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 2
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 100.00
  • LowerBelowGrdFin Sq Ft: 1632.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRLowerLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • Total Above Grd Fin S Q F T: 1632
  • TotalBdrm: 3
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3264.00
  • TotalHBaths: 1
  • Uncovered Parking: Other
  • Water Class: Waterfront Property
  • WaterDetailsNumberUncoverSlips: 1
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Covered Porch, Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cul-De-Sac, In-Law Quarters, Paved Road, Underground Util

Lot Info

  • Lot Description: Gentle Sloping
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.58
  • Lot: 348

Green Features

  • Water Features: Beach Front, Riprap Shoreline

Building Info

  • Year Built: 1990

Tax Info

  • Taxes (6 mo): 3627.06

MLS Schools

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

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
Sep 15, 2021
Closed on
Nov 15, 2021
Sold by
Bought by
Seller's Agent
Alla Scott
COLDWELL BANKER TOWNSIDE, REALTORS(r)
List Price
$995,000
Sold Price
$1,025,000
Premium/Discount to List
$30,000
3.02%
Current Estimated Value
$1,244,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,560
Avg. Annual Appreciation
4.22%
Original Mortgage
$820,000
Interest Rate
0.0299%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
0.029%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$1,025,000 Accommodation
$540,000 Fidelity National Ttl Ins Co
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
Open $315,430
Closed $150,000
Open $820,000
Previous Owner $432,000
Previous Owner $750,000
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 Prior Sale
11/16/2021 11/16/21 Sold $1,025,000 +3.0% $314 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $995,000 +84.3% $305 / Sq Ft
08/25/2020 08/25/20 Sold $540,000 -9.9% $165 / Sq Ft View Prior Sale
01/24/2020 01/24/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $599,500 -- $184 / Sq Ft
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 $4,355 $1,012,700 $320,000 $692,700
2024 $4,355 $1,012,700 $320,000 $692,700
2023 $3,627 $594,600 $275,000 $319,600
2022 $3,627 $594,600 $275,000 $319,600
2021 $3,627 $594,600 $275,000 $319,600
2020 $3,627 $594,600 $275,000 $319,600
2019 $3,735 $612,300 $305,000 $307,300
2018 $3,735 $612,300 $305,000 $307,300
2017 $3,368 $696,200 $380,000 $316,200
2016 $3,368 $696,200 $380,000 $316,200
2015 $3,759 $696,200 $380,000 $316,200
2014 $3,759 $696,200 $380,000 $316,200
2013 $3,759 $696,200 $380,000 $316,200
Source: Public Records

Agents Affiliated with this Home

  • Alla Scott

    Seller's Agent in 2021

    Alla Scott

    COLDWELL BANKER TOWNSIDE, REALTORS(r)

    (540) 814-1883

    178 Total Sales

    Alla Scott
    Section Image
  • Irina Hallacher

    Seller Co-Listing Agent in 2021

    Irina Hallacher

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 521-9943

    199 Total Sales

    Irina Hallacher
    Section Image

  • C

    Buyer Co-Listing Agent in 2021

    CAROLYN G PRUETT

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 493-1919

    8 Total Sales

    CAROLYN G PRUETT
    Section Image
  • Rick Chasse

    Seller's Agent in 2020

    Rick Chasse

    MKB, REALTORS(r) - FRANKLIN CO

    (540) 238-9093

    1 Total Sale

    Rick Chasse
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 883842

Roanoke Valley Association of REALTORS®

APN: 0510911500

Virginia Franklin County Penhook 24137

535 Morgans Mill Dr, 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.