NOT LISTED FOR SALE

60 Bay Front Rd Penhook, VA 24137

Estimated Value: $1,554,000 - $2,128,000

5 Beds
6 Baths
4,500 Sq Ft
$398/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2021

Last sale price $1,400,000 $311 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,062 / mo

26 Days on Market

Highlights

  • Lake Front
  • Contemporary Architecture
  • Wood Flooring
  • Property is near golf course and clubhouse
  • Great Room with Fireplace
  • Main Floor Bedroom

About This Home

As of November 2021

Extraordinary lakefront home located in the prestigious private waterfront community... The Waters Edge. The grand entry w/soaring ceilings & walls of windows provides an impressive first impression. Home offers 4,500 sq. ft. Oversized triple-car garage, open floor plan, single level living, extra lot for a total of 1.17 ac., & 389 ft. of waterfront. 5 BR w/2 master suites, 4 full BA, & 2 half-BA. Gourmet kitchen w/SS appl. & granite C/Tops, eat-in-kitchen, living room & family room w/gas FP, great room, recreation room, wet bar w/Indian marble C/tops, & work room. Expansive E/Level deck & patio for entertaining. Heated floors in BA on main level. Amazing lake views, boat lift & 2 Jet Ski lifts. Amenities available: golf, restaurant, tennis, pickleball, fitness room, pool, & Equestrian

Last Agent to Sell the Property

Charlene Jones

Re/Max Lakefront Realty License #0225062022 Listed on: 09/30/2021

Re/Max Lakefront Realty

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,153

Year Built

  • Built in 1996

Lot Details

  • 1.17 Acre Lot
  • Lake Front

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Game Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Workshop

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Location

  • Property is near golf course and clubhouse

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0510706200

Community Details

Overview

  • The Waters Edge Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,153

Year Built

Built in 1996

Lot Details

1.17 Acres

HOA Fees

$15 per month

Listing Details

  • FILLACRES: 1.1700
  • AssocFeeOptional: Required
  • Directions: From HFB, S-122 S. L-616, R-834, L-40, L-645, L-626, L-610, L-Cross Harbour, L-Bay Front to home on the Right.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 50965.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 0510706200
  • Year Built: 1996
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Contemporary
  • Officeden Len: 18.000
  • Officeden Wid: 19.000
  • Foyer Area: 96.000000
  • Laundryroom Dim: 4.000 x 9.000
  • Laundryroom Len: 4.000
  • Living Room Dim: 17.000 x 26.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 26.000
  • Masterbedroom Area: 280.000000
  • Master Bedroom Dim: 14.000 x 20.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 20.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 6.00
  • Bathrooms Display: 6 (4 2)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • Legal Description: Lot 157 & 158 Sec. 2 The Waters Edge Tax ID's 0510706200 & 0510706300
  • Reciprocal Listing: No
  • Second Bedroom: 17x34 Level: Level 2 Above Grade
  • Second Bedroom Area: 578.000000
  • Third Bedroom: 11x16 Level: Level 2 Above Grade
  • Third Bedroom Area: 176.000000
  • Fourth Bedroom: 14x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 168.000000
  • Fifth Bedroom: 14x25 Level: Below Grade
  • Fifth Bedroom Area: 350.000000
  • Above Grade Finished Sq Ft: 2500.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: None
  • Has Basement: Exterior Entrance, Finished, Game Room, Interior Entrance, Walkout, Workshop
  • Flooring: Carpet, Ceramic Tile, Wood
  • Year Built Exception: 0
  • Den: 18x19 Level: Level 1 Above Grade
  • Family Room: 17x38 Level: Below Grade
  • Fireplace: 2 Fireplaces, Gas Log, Great Room, Living Room
  • Formal Dining: 14x15 Level: Level 1 Above Grade
  • Foyer: 8x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Level 3 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Level 3 Half Bathroom: 1
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Walk-In Closet(s)
  • Dining Kitchen: 14x18 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Laundry Room: 4x9 Level: Level 1 Above Grade
  • Living Room: 17x26 Level: Level 1 Above Grade
  • Master Bedroom: 14x20 Level: Level 1 Above Grade
  • Rec Room: 14x25 Level: Below Grade
  • Den Area: 342.000000
  • FamilyRoom Area: 646.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 252.000000
  • Laundry Room Area: 36.000000
  • LivingRoom Area: 442.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Area: 350.000000
  • Rec Room Dim: 14.000 x 25.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 157 & 158
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Tennis Courts Nearby, Lake Front, Club House Nearby, Golf Nearby

Garage/Parking

  • Attached Garage: 3 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 180.00
  • Subdivision Complex: The Waters Edge

Schools

  • School District: Other

Lot Info

  • Lot Sq Ft: 4500.00

Tax Info

  • Estimated Taxes: 5153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 22, 2021
Sold by
Bias James Robert Juan and Bias Peggy Sue
Bought by
Good Steven Spencer and Good Joan M
Seller's Agent
Charlene Jones
Re/Max Lakefront Realty
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$1,599,000
Sold Price
$1,400,000
Premium/Discount to List
-$199,000
-12.45%
Current Estimated Value
$1,793,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,123
Avg. Annual Appreciation
5.69%
Original Mortgage
$840,000
Outstanding Balance
$768,749
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,024,374

Purchase Details

Listed on
Jan 18, 2017
Closed on
Jan 23, 2018
Sold by
Brown Mary Darnella C
Bought by
Bias James Robert Bias and Bias Peggy Sue
Seller's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Charlene Jones
RE/MAX LAKEFRONT REALTY INC
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.35%
Original Mortgage
$300,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2010
Sold by
Brown Jerry K and Brown Mary C
Bought by
Brown Mary Darnella C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Good Steven Spencer $1,400,000 Century Title Services Inc
Bias James Robert Bias $560,000 Fidelity National Title Insu
Brown Mary Darnella C -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Good Steven Spencer $840,000
Previous Owner Bias James Robert Bias $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $1,400,000 -12.4% $311 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $1,599,000 +185.5% $355 / Sq Ft
02/16/2018 02/16/18 Sold $560,000 -6.7% $124 / Sq Ft View Prior Sale
01/12/2018 01/12/18 Pending -- -- --
01/18/2017 01/18/17 For Sale $599,900 -- $133 / Sq Ft
Source: Lynchburg 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 $5,806 $1,350,160 $217,000 $1,133,160
2024 $5,686 $1,322,400 $217,000 $1,105,400
2023 $3,823 $626,800 $167,000 $459,800
2022 $3,823 $626,800 $167,000 $459,800
2021 $3,823 $626,800 $167,000 $459,800
2020 $3,823 $626,800 $167,000 $459,800
2019 $4,094 $671,200 $230,000 $441,200
2018 $4,094 $671,200 $230,000 $441,200
2017 $4,487 $740,500 $140,000 $600,500
2016 $4,487 $740,500 $140,000 $600,500
2015 -- $740,500 $140,000 $600,500
2014 -- $740,500 $140,000 $600,500
2013 -- $740,500 $140,000 $600,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 334422

APN: 0510706200

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