J
Seller's Agent in 2021
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
(540) 493-1690
43 in this area
98 Total Sales
555 Silver Tee Dr Penhook, VA 24137
Estimated Value: $3,241,460 - $5,110,000
4
Beds
6.5
Baths
8,148
Sq Ft
$488/Sq Ft
Est. Value
Highlights
- 354 Feet of Waterfront
- Golf Course Community
- Gated Community
- Floating Dock
- Public Beach
- Lake View
About This Home
As of August 2021Incredible Estate Located in The Water's Edge. Situated on two and a half level lakefront lots with phenomenal views. Private. Gated. Extraordinary Grounds with extensive landscaping, waterfalls, and koi ponds. HUGE boathouse suitable for large watercraft. Home is immaculate. Decorated as 6 bedrooms. Master suites on both levels. Walls of Glass Across the back with Huge Doors and spacious stone decking. Incredible property for entertaining. Gourmet Kitchen with professional appliances. Beautiful home office with views of Smith Mountain. Lower level features sub-master suite and ensuite guest rooms. Large family room with stunning wet bar, spacious gym, exquisite wine cellar with 1500 yr old doors, outdoor fireplace. This is a truly breathtaking estate that you have to see. Photos are great
Last Agent to Sell the Property
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 06/23/2021
Last Buyer's Agent
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225015182
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,800
Year Built
- Built in 1992
Lot Details
- 1.25 Acre Lot
- 354 Feet of Waterfront
- Public Beach
- Level Lot
- Garden
HOA Fees
- $10 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Property Views
- Lake
- Mountain
Home Design
- Stone Siding
Interior Spaces
- Wet Bar
- Wired For Sound
- Bookcases
- Fireplace Features Masonry
- Living Room with Fireplace
- 2 Fireplaces
- Recreation Room with Fireplace
- Alarm System
- Laundry on main level
Kitchen
- Electric Range
- Range Hood
- Built-In Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Walk-In Closet
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Personal Watercraft Lift
- Rip-Rap
- Dock has a Storage Area
- Boat Hoist or Davit
- Floating Dock
- Covered Dock
- Pond
- Deck
- Covered Patio or Porch
- Outdoor Gas Grill
Schools
- Glade Hill Elementary School
- Ben Franklin Middle School
- Franklin County High School
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Underground Utilities
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 195-C and 194-A
Community Details
Overview
- Scott Kula Association
- The Waters Edge Subdivision
Recreation
- Golf Course Community
Additional Features
- Restaurant
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2021
Closed on
Jul 30, 2021
Sold by
Marquez Dario O and Marquez Jacqueline Wendy
Bought by
Reich Frank M and Reich Linda F
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$3,300,000
Sold Price
$3,300,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,365
Avg. Annual Appreciation
4.24%
Original Mortgage
$2,310,000
Outstanding Balance
$1,730,846
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$2,247,519
Purchase Details
Closed on
Oct 13, 2011
Sold by
Woodall Robert M
Bought by
Marquez Dario O and Marquez Jacqueline Wendy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.38%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reich Frank M | $3,300,000 | Fidelity National Ttl Ins Co | |
| Marquez Dario O | $22,300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reich Frank M | $2,310,000 | |
| Previous Owner | Marquez Dario O | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2021 08/19/21 | Sold | $3,300,000 | 0.0% | $405 / Sq Ft |
| 06/24/2021 06/24/21 | Pending | -- | -- | -- |
| 06/23/2021 06/23/21 | For Sale | $3,300,000 | -- | $405 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
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 | $16,245 | $3,777,900 | $460,000 | $3,317,900 |
| 2024 | $16,245 | $3,777,900 | $460,000 | $3,317,900 |
| 2023 | $11,855 | $1,943,500 | $405,000 | $1,538,500 |
| 2022 | $11,855 | $1,943,500 | $405,000 | $1,538,500 |
| 2021 | $11,855 | $1,943,500 | $405,000 | $1,538,500 |
| 2020 | $11,855 | $1,943,500 | $405,000 | $1,538,500 |
| 2019 | $11,812 | $1,936,400 | $505,000 | $1,431,400 |
| 2018 | $11,812 | $1,936,400 | $505,000 | $1,431,400 |
| 2017 | $10,650 | $2,340,400 | $805,000 | $1,535,400 |
| 2016 | $10,281 | $2,340,400 | $805,000 | $1,535,400 |
| 2015 | $12,557 | $2,340,400 | $805,000 | $1,535,400 |
| 2014 | $12,557 | $2,325,400 | $805,000 | $1,520,400 |
| 2013 | $12,557 | $2,325,400 | $805,000 | $1,520,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jane Sullivan Horne
-
Vicki Millehan
Buyer's Agent in 2021
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
(540) 520-2401
95 in this area
209 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 881211
APN: 0510611000
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