NOT LISTED FOR SALE

548 Tranquility Rd North Shore, VA 24121

Estimated Value: $2,039,000 - $3,519,080

0.9 Acre
$3,256,689 Price per Acre
39,204 Sq Ft Lot

Last Sold June 21, 2021

Last sale price $475,000

Est. 517% increase in value since last sale

Current estimated payment $16,129/month

5 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Lake View
  • Level Lot
  • Dudley Elementary School Rated A-
  • No HOA

About This Lot

As of June 2021

This is a gorgeous wooded level lot in a great neighborhood with a million dollar view of Smith Mountain Lake!! This waterfront property has a lot to offer with beautiful views of the lake, gorgeous sunrise and sunsets!! You can walk your pet, ride you bike or take a nice long walk., Come make this your new address at Smith Mountain Lake!! You will be happy that you did!!

Last Agent to Sell the Property

Sandra Eggleston

KELLER WILLIAMS REALTY LYNCHBURG License #0225243030 Listed on: 05/27/2021

KELLER WILLIAMS REALTY LYNCHBURG

Last Buyer's Agent

Sandra Eggleston

KELLER WILLIAMS REALTY LYNCHBURG License #0225243030 Listed on: 05/27/2021

KELLER WILLIAMS REALTY LYNCHBURG

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,135

Lot Details

  • 0.9 Acre Lot
  • 125 Feet of Waterfront
  • Level Lot

Property Views

  • Lake
  • Mountain

Schools

  • Dudley Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Mobile Home

  • Mobile Home Allowed

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • No Home Owners Association

Recreation

  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$2,135

Lot Details

0

Listing Details

  • Type: Land
  • Views: Lake, Mountain, Sunrise, Sunset
  • ElectricDescription: Above Ground
  • Land Sub Type: Residential - Single Family
  • LengthOfWaterfront: 125.00
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Level
  • Total Acreage: 0.90
  • Lot: 2
  • Land Type: Lot

Green Features

  • Water Features: Cove, Main Channel, Riprap Shoreline

Tax Info

  • Taxes (6 mo): 2135.00

MLS Schools

  • Elementary School: Dudley
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jun 21, 2021
Sold by
Hunt Family Revocable Trust
Bought by
Chanel John M and Lynn Martin Chanel Kelly
Seller's Agent
Sandra Eggleston
KELLER WILLIAMS REALTY LYNCHBURG
Buyer's Agent
Sandra Eggleston
KELLER WILLIAMS REALTY LYNCHBURG
List Price
$449,000
Sold Price
$475,000
Premium/Discount to List
$26,000
5.79%
Current Estimated Value
$2,931,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,456,020
Avg. Annual Appreciation
48.66%

Purchase Details

Closed on
Dec 5, 2012
Sold by
Noble Mitzi Mcalexander and Hunt Patricia Alexander
Bought by
Mcalexander Hunt Family Revocable Trust

Purchase Details

Closed on
Aug 28, 2008
Sold by
Mcalexander Buren and Mcalexander Ruby E
Bought by
Mcalexander Mcalexander Buren Buren and Mcalexander Nobel Mitzi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chanel John M $475,000 Old Republic National Title
Mcalexander Hunt Family Revocable Trust -- None Available
Mcalexander Mcalexander Buren Buren -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2021 06/21/21 Sold $475,000 +5.8% --
06/01/2021 06/01/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $449,000 -- --
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
2025 $11,451 $2,663,000 $387,000 $2,276,000
2024 $11,451 $2,663,000 $387,000 $2,276,000
2023 $5,369 $1,287,800 $355,000 $932,800
2022 $2,135 $418,000 $350,000 $68,000
2021 $2,135 $350,000 $350,000 $0
2020 $2,135 $350,000 $350,000 $0
2019 $1,922 $315,000 $315,000 $0
2018 $1,922 $315,000 $315,000 $0
2017 $1,733 $315,000 $315,000 $0
2016 $1,733 $315,000 $315,000 $0
2015 $1,971 $315,000 $315,000 $0
2014 $1,971 $315,000 $315,000 $0
2013 $1,971 $365,000 $365,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sandra Eggleston

    KELLER WILLIAMS REALTY LYNCHBURG

    (540) 330-2710

    2 in this area

    16 Total Sales

    Sandra Eggleston
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 880276

Roanoke Valley Association of REALTORS®

APN: 0480004100

Virginia Franklin County North Shore 24121

548 Tranquility Rd, North Shore, VA

Not Listed for Sale

Lots

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