Seller's Agent in 2023
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
(540) 797-3177
24 in this area
169 Total Sales
59 Bay View Cir Penhook, VA 24137
Estimated Value: $2,921,000 - $3,339,000
5
Beds
7
Baths
7,394
Sq Ft
$436/Sq Ft
Est. Value
Highlights
- 376 Feet of Waterfront
- Golf Course Community
- Colonial Architecture
- 2 Dock Slips
- Lake View
- Deck
About This Home
As of March 2023Iconic Smith Mountain Lake home in The Waters Edge Golf Course and Country Club Community. Stately brick house on an incredible flat point lot with full view of the mountain. Amazing architectural finishes, the house is both spacious, and warm and inviting with cherry hardwood floors and cabinetry, granite countertops and four fireplaces. Entry level has an incredible master suite, great room and kitchen with the most inviting den/keeping room. Upper level hosts family or friends with two ensuite bedrooms, and the lower level is all set for entertaining! Brand new roof. Dock is oversized with a current AEP dock status letter giving the all ok. One of a kind!
Last Agent to Sell the Property
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225083584 Listed on: 11/23/2022
Last Buyer's Agent
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225051955
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,519
Year Built
- Built in 2000
Lot Details
- 0.9 Acre Lot
- 376 Feet of Waterfront
- Property fronts a private road
- Cul-De-Sac
- Level Lot
- Property is zoned RPD
HOA Fees
- $15 Monthly HOA Fees
Property Views
- Lake
- Mountain
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Bookcases
- Ceiling Fan
- Fireplace Features Masonry
- Great Room with Fireplace
- 4 Fireplaces
- Den with Fireplace
- Screened Porch
- Alarm System
Kitchen
- Built-In Oven
- Cooktop
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Car Attached Garage
- Tuck Under Garage
Outdoor Features
- Dock has a Storage Area
- Boat Hoist or Davit
- 2 Dock Slips
- Covered Dock
- Balcony
- Deck
Schools
- Glade Hill Elementary School
- Ben Franklin Middle School
- Franklin County High School
Utilities
- Heat Pump System
- Underground Utilities
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 356
Community Details
Overview
- The Waters Edge Association
- The Waters Edge Subdivision
Recreation
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 27, 2024
Sold by
Hunt Carrie T and Tomlin Tammy K
Bought by
Mayhem Llc
Current Estimated Value
Purchase Details
Listed on
Nov 23, 2022
Closed on
Mar 30, 2023
Sold by
Gordon C Willis Jr Living Trust
Bought by
Mayhem Inc
Seller's Agent
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Jan McGraw
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Views
200
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$2,900,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 13, 2013
Sold by
Willis Gordon C and Willis Cecilia G
Bought by
Willis Gordon C
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mayhem Llc | -- | Commonwealth Title | |
| Mayhem Llc | -- | Commonwealth Title | |
| Hunt Carrie T | -- | None Listed On Document | |
| Hunt Carrie T | -- | None Listed On Document | |
| Mayhem Inc | $3,000,000 | Old Republic National Title | |
| Mayhem Inc | $3,000,000 | Old Republic National Title | |
| Willis Gordon C | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mayhem Inc | $2,900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2023 03/31/23 | Sold | $3,000,000 | -14.3% | $406 / Sq Ft |
| 02/11/2023 02/11/23 | Pending | -- | -- | -- |
| 11/23/2022 11/23/22 | For Sale | $3,500,000 | -- | $473 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $12,586 | $2,927,000 | $472,500 | $2,454,500 |
| 2023 | $9,519 | $1,560,500 | $411,300 | $1,149,200 |
| 2022 | $9,519 | $1,560,500 | $411,300 | $1,149,200 |
| 2021 | $9,519 | $1,560,500 | $411,300 | $1,149,200 |
| 2020 | $9,519 | $1,560,500 | $411,300 | $1,149,200 |
| 2019 | $9,370 | $1,536,100 | $411,300 | $1,124,800 |
| 2018 | $9,370 | $1,536,100 | $411,300 | $1,124,800 |
| 2017 | $8,449 | $1,741,100 | $580,000 | $1,161,100 |
| 2016 | $8,449 | $1,741,100 | $580,000 | $1,161,100 |
| 2015 | $9,249 | $1,741,100 | $580,000 | $1,161,100 |
| 2014 | $9,249 | $1,741,100 | $580,000 | $1,161,100 |
| 2013 | $9,249 | $1,712,700 | $580,000 | $1,132,700 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Shelton
-
Jan McGraw
Buyer's Agent in 2023
Jan McGraw
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
(540) 400-9882
4 in this area
32 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 894527
APN: 0510912300
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