NOT LISTED FOR SALE

560 Silver Tee Dr Penhook, VA 24137

Estimated Value: $1,993,000 - $2,390,000

4 Beds
4.5 Baths
4,474 Sq Ft
$489/Sq Ft Est. Value

Last Sold August 13, 2013

Last sale price $1,149,000 $257 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $11,986/month

287 Days on Market

Highlights

  • 248 Feet of Waterfront
  • Golf Course Community
  • Deck
  • Floating Dock
  • Lake View
  • Contemporary Architecture

About This Home

As of August 2013

Unbelievable views of Smith Mountain & Main Channel from this point lot in The Waters Edge. Very private. Truly exceptional property. All glass back. Stone Fireplaces. Open floor plan. Must See! Active club membership into The Waters Edge Country Club. One of the best lots in The Waters Edge!!!! Room for expansion if desired.

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 09/17/2012

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 09/17/2012

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $6,764

Year Built

  • Built in 1988

Lot Details

  • 0.66 Acre Lot
  • 248 Feet of Waterfront
  • Cul-De-Sac
  • Secluded Lot
  • Gentle Sloping Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Central Vacuum
  • Bookcases
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Sun or Florida Room

Kitchen

  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Personal Watercraft Lift
  • Dock has a Storage Area
  • Floating Dock
  • Covered Dock
  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

  • Zoned Heating
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 199

Community Details

Overview

  • No Home Owners Association
  • The Waters Edge Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$6,764

Year Built

Built in 1988

Lot Details

0.66 Acres

Listing Details

  • Interior Features: Book Shelves, Cathedral Ceiling, Gas Log Fireplace, Masonry Fireplace
  • Heating System: Heat Pump Electric, Heat Pump Gas, Zoned Heat
  • Fireplace(s): Great Room, Recreation Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Central Vacuum, Clothes Dryer, Clothes Washer, Compacter, Cook Top, Dishwasher, Disposer, Microwave Oven (Built In), Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Patio, Paved Driveway, Sunroom
  • Views: Lake, Mountain, Sunrise
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 2167.00
  • ExteriorDoors: Full View, Insulated
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 2
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 248.00
  • LowerBelowGrdFin Sq Ft: 1752.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2722
  • TotalBdrm: 4
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 4474.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 555.00
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Other - See Remarks, Underground Util

Lot Info

  • Lot Description: Gentle Slope, Secluded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.66
  • Lot: 199

Green Features

  • Water Features: Main Channel, Point

Rental Info

  • Tenant: Owner

Building Info

  • Year Built: 1988

Tax Info

  • Taxes (6 mo): 6764.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2021
Sold by
Sterrett William M and Sterrett Cynthia A
Bought by
Sterrett Cynthia A and Sterrett William M
Current Estimated Value
$2,189,705

Purchase Details

Listed on
Sep 17, 2012
Closed on
Jul 30, 2013
Sold by
Konopka Anthony P and Konopka Joan I
Bought by
Sterrett William M and Sterrett Cynthia A
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$1,149,000
Sold Price
$1,149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$804,300
Outstanding Balance
$556,059
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,633,646
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sterrett Cynthia A -- None Available
Sterrett William M $1,149,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sterrett William M $804,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2013 08/13/13 Sold $1,149,000 0.0% $257 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
09/17/2012 09/17/12 For Sale $1,149,000 -- $257 / 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 $8,469 $1,969,500 $562,500 $1,407,000
2024 $8,469 $1,969,500 $562,500 $1,407,000
2023 $7,196 $1,179,600 $486,000 $693,600
2022 $7,196 $1,179,600 $486,000 $693,600
2021 $7,196 $1,179,600 $486,000 $693,600
2020 $7,196 $1,179,600 $486,000 $693,600
2019 $6,417 $1,052,000 $505,000 $547,000
2018 $6,417 $1,052,000 $505,000 $547,000
2017 $5,786 $1,252,700 $705,000 $547,700
2016 $5,786 $1,252,700 $705,000 $547,700
2015 $6,765 $1,252,700 $705,000 $547,700
2014 $6,765 $1,252,700 $705,000 $547,700
2013 $6,765 $1,252,700 $705,000 $547,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 785620

Roanoke Valley Association of REALTORS®

APN: 0510611400

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