NOT LISTED FOR SALE

60 Island Bay Ct Penhook, VA 24137

Estimated Value: $1,747,000 - $2,457,000

4 Beds
6 Baths
5,477 Sq Ft
$397/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $1,022,900 $187 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $12,306/month

Highlights

  • 185 Feet of Waterfront
  • Golf Course Community
  • Contemporary Architecture
  • Floating Dock
  • Lake View
  • Living Room with Fireplace

About This Home

As of April 2018

Incredible architecturally designed waterfront home in The Water's Edge. Features tall stacked stone fireplace, huge walls of windows, coffered ceilings and covered porches. Decorated in rich warm tones w/ four bedrooms plus bonus room, four full and two half bathes. Office/study, formal dining, laundry room and main level master overlooking the lake w fireplace plus covered porch. Two en suite guest rooms upstairs and unfinished area. Lower level with large Family Room, Wetbar, Bonus Room and another spacious en suite guest room. Large unfinished storage room with endless potential. Level lot provides easy walk to lake/dock. Amazing sunsets! Large wide cove with tremendous views. Active club membership.

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 06/23/2017

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Sonya Dickinson

MKB, REALTORS(r) License #0225055485

MKB, REALTORS(r)

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1992

Lot Details

  • 0.51 Acre Lot
  • 185 Feet of Waterfront
  • Cul-De-Sac
  • Level Lot

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Dryvit Stucco

Interior Spaces

  • Wet Bar
  • Bookcases
  • Fireplace Features Masonry
  • French Doors
  • Living Room with Fireplace
  • 3 Fireplaces
  • Recreation Room with Fireplace
  • Storage
  • Lake Views

Kitchen

  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • 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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Personal Watercraft Lift
  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • Floating Dock
  • Covered Patio or Porch

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 58

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

$7,000

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Masonry Fireplace, Other - See Remarks, Storage, Wet Bar
  • Heating System: Heat Pump Electric, Other - See Remarks
  • Fireplace(s): Living Room, Master Bedroom, Recreation Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Other - See Remarks, Range Gas, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Other - See Remarks, Patio, Paved Driveway
  • Views: Lake, Sunset
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 1
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 2346.00
  • ExteriorDoors: French, Full View
  • Fireplace Number Fireplaces: 3
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 5477
  • HalfBathsHalfBathsEntryLvl: 1
  • HalfBathsHalfBathsLowerLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 185.46
  • LowerBelowGrdFin Sq Ft: 1555.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2018-03-02
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubagentAuthorized: No
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 3922
  • TotalBdrm: 4
  • TotalBths: 4.20
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 5477.00
  • TotalHBaths: 2
  • UpperAboveGrdFin Sq Ft: 1576.00
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

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

Schools

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

Lot Info

  • Lot Description: Level Lot, Other - See Remarks
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.51
  • Lot: 58

Green Features

  • Water Features: Cove, Riprap Shoreline

Building Info

  • Year Built: 1992

Tax Info

  • Taxes (6 mo): 7000.00
  • FILLTAXID: 0510605800

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Apr 2, 2018
Sold by
Perry Mary Catherine and Perry Gerald E
Bought by
Campbell Kimberly S
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Sonya Dickinson
MKB, REALTORS(r)
List Price
$1,200,000
Sold Price
$1,022,900
Premium/Discount to List
-$177,100
-14.76%
Current Estimated Value
$2,173,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,150,272
Avg. Annual Appreciation
9.88%
Original Mortgage
$453,100
Outstanding Balance
$396,418
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$1,657,067

Purchase Details

Listed on
Jun 22, 2012
Closed on
Jun 27, 2012
Sold by
Franklin Community Bank Na
Bought by
Perry Gerald E and Perry Mary Catherine
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
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
Original Mortgage
$850,000
Interest Rate
3.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 6, 2012
Sold by
Bender Margaret E and Bender Bruce F
Bought by
Franklin Community Bank Na

Purchase Details

Closed on
Jun 12, 2006
Sold by
Bales William B and Bales Marga L
Bought by
Bender Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,408,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Campbell Kimberly S $1,022,900 Fidelity National Title
Perry Gerald E -- None Available
Franklin Community Bank Na $1,200,000 None Available
Bender Margaret E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Kimberly S $453,100
Previous Owner Perry Gerald E $850,000
Previous Owner Bender Margaret E $1,408,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2018 04/23/18 Sold $1,022,900 -14.8% $187 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
06/23/2017 06/23/17 For Sale $1,200,000 +41.2% $219 / Sq Ft
06/29/2012 06/29/12 Sold $850,000 -10.5% $155 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
06/22/2012 06/22/12 For Sale $950,000 -- $173 / Sq Ft
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 $8,718 $2,027,500 $335,000 $1,692,500
2023 $6,737 $1,104,500 $305,000 $799,500
2022 $6,737 $1,104,500 $305,000 $799,500
2021 $6,737 $1,104,500 $305,000 $799,500
2020 $6,737 $1,104,500 $305,000 $799,500
2019 $7,413 $1,215,300 $380,000 $835,300
2018 $7,413 $1,215,300 $380,000 $835,300
2017 $6,684 $1,254,700 $455,000 $799,700
2016 $6,684 $1,254,700 $455,000 $799,700
2015 -- $1,254,700 $455,000 $799,700
2014 -- $1,254,700 $455,000 $799,700
2013 -- $1,254,700 $455,000 $799,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 838846

Roanoke Valley Association of REALTORS®

APN: 0510605800