NOT LISTED FOR SALE

573 Bull Run Trail Penhook, VA 24137

Estimated Value: $1,001,000 - $1,513,000

2 Acres
$590,444 Price per Acre
87,120 Sq Ft Lot

Last Sold August 30, 2018

Last sale price $235,000

Est. 403% increase in value since last sale

Current estimated payment $6,564/month

443 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 2 Acre Lot
  • No HOA
  • 2 Dock Slips
  • Wooded Lot
  • Views

About This Lot

As of August 2018

Located in The Harbor, near the Waters Edge.-Dock nestled (2 Slip) on a gentle sloped lot ready to build your dream home. Custom boat dock with storage and sandy beach. Lots of space and privacy. Must see! Storage Shed and GRAVEL Road, Well at top of Hill, Electric to Dock!Purchasers responsible for Septic Permit and Install. Well Installed! AEP Shoreline Mgmt coordinating Legacy Dock Permit & Vegetation Permit with Seller.Sensational LOT....Bring your Floor Plans! & Your Boat! Please Contact the Listing Agents to start the New Construction Possibilities with David James Homes ! You may also hire your own Contractor and just purchase the Waterfront LOT!

Co-Listed By

Dale Renee Bragg

KELLER WILLIAMS REALTY LYNCHBURG License #0225217168

KELLER WILLIAMS REALTY LYNCHBURG

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,502

Lot Details

  • 2 Acre Lot
  • 100 Feet of Waterfront
  • Gentle Sloping Lot
  • Wooded Lot
  • Property is zoned R1

Schools

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

Utilities

  • Underground Utilities

Additional Features

  • Property Views

Community Details

Overview

  • No Home Owners Association

Recreation

  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 2 Dock Slips
  • Covered Dock

Property Details

Property Type

Land

Est. Annual Taxes

$2,502

Lot Details

0

Listing Details

  • Type: Land
  • Views: Sunset
  • ElectricDescription: Below Ground
  • Internet Access: Other, See Remarks
  • Land Sub Type: Residential - Single Family
  • LengthOfWaterfront: 100.00
  • Major Area: 04 - Franklin County
  • OtherWaterDetailsNbrOfCoveredSlips: 2
  • OtherWaterDetailsShorelineMgmtPlan: Communication AEP
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2018-06-10
  • 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

Association/Amenities

  • Misc Features: Other - See Remarks

Schools

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

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope, Varied
  • Total Acreage: 2.00
  • Wooded Acres: 0.30
  • Cleared Acres: 0.70
  • Land Type: Lot
  • ZoningCode: R1

Green Features

  • Water Features: Cove, Riprap Shoreline

Tax Info

  • Taxes (6 mo): 2502.05
  • FILLTAXID: 0670002702

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
Jul 31, 2021
Sold by
Flanders David Paul and Flanders Casey A
Bought by
Flanders Casey Autry and Flanders David Paul
Current Estimated Value
$1,180,887

Purchase Details

Closed on
Nov 27, 2018
Sold by
Flanders David P
Bought by
Flanders David Paul and Flanders Casey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Outstanding Balance
$336,550
Interest Rate
4.8%
Mortgage Type
Construction
Estimated Equity
$844,337

Purchase Details

Closed on
Jun 22, 2018
Sold by
Craft Sharon B and Williard Sharaon B
Bought by
Flanders David P

Purchase Details

Closed on
Dec 12, 2007
Sold by
Williard Jerry E
Bought by
Williard Sharon B
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
Flanders Casey Autry -- None Available
Flanders David Paul -- None Available
Flanders David P $235,000 Acquisition Title & Settleme
Williard Sharon B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flanders David Paul $382,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $235,000 -9.4% --
06/10/2018 06/10/18 Pending -- -- --
03/24/2017 03/24/17 For Sale $259,500 -- --
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 $3,863 $898,300 $233,500 $664,800
2023 $3,709 $608,100 $226,500 $381,600
2022 $3,709 $608,100 $226,500 $381,600
2021 $3,709 $608,100 $226,500 $381,600
2020 $3,709 $608,100 $226,500 $381,600
2019 $1,666 $273,100 $226,900 $46,200
2018 $1,666 $273,100 $226,900 $46,200
2017 $1,502 $223,800 $180,000 $43,800
2016 $1,502 $223,800 $180,000 $43,800
2015 $1,209 $223,800 $180,000 $43,800
2014 $1,209 $223,800 $180,000 $43,800
2013 $1,209 $223,800 $180,000 $43,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 835435

Roanoke Valley Association of REALTORS®

APN: 0670002702