NOT LISTED FOR SALE

71 Penhook Point Penhook, VA 24137

Estimated Value: $930,000 - $1,774,000

4 Beds
3 Baths
3,598 Sq Ft
$375/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $543,000 $151 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $7,393/month

158 Days on Market

Highlights

  • 225 Feet of Waterfront
  • Covered Dock
  • Deck
  • Gretna Elementary School Rated A-
  • Lake View
  • Wood Burning Stove

About This Home

As of May 2020

Unending views from this level lot. Savor the setting sun from your dock or deck. Four bedrooms with ample room for family and friends. Entertainment areas on entry level as well as walk out basement. Large storage building attached to covered parking area. A large front yard for outside games and gatherings. Ample parking in back with room for expansion. Definitely worth a look.

Last Agent to Sell the Property

Rick Carroll

RE/MAX LAKEFRONT REALTY INC License #0225176592 Listed on: 10/31/2019

RE/MAX LAKEFRONT REALTY INC

Last Buyer's Agent

Fred Cuffari

SMITH MTN LAKE HOMES BROKERED BY BUYERS AGCY OF SML License #0225214857

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,556

Year Built

  • Built in 1989

Lot Details

  • 0.93 Acre Lot
  • 225 Feet of Waterfront
  • Level Lot
  • Garden

Home Design

  • Stone Siding

Interior Spaces

  • 3,598 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Drapes & Rods
  • Living Room with Fireplace
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 6 Open Parking Spaces
  • 2 Parking Spaces
  • Detached Carport Space
  • Off-Street Parking

Outdoor Features

  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • Covered Dock
  • Deck
  • Shed
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,556

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Breakfast Area, Cathedral Ceiling, Ceiling Fan, Fireplace Screen, Indirect Lighting, Wood Stove
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Garden Space, Paved Driveway, Storage Shed
  • Views: Lake, Sunset
  • EntryAboveGrdFin Sq Ft: 1357.00
  • ExteriorDoors: Full View, Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • Internet Access: Undetermined
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 225.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • OtherAboveGrdFin Sq Ft: 1799.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • SubagentAuthorized: Yes
  • Total Above Grd Fin S Q F T: 3598
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3598.00
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 442.00
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Paved Road

Lot Info

  • Lot Description: Level Lot, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.93

Green Features

  • Water Features: Point, Riprap Shoreline

Building Info

  • Year Built: 1989

Tax Info

  • Taxes (6 mo): 3556.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Jun 11, 2020
Sold by
Dudley Virginia H
Bought by
Crites James W and Crites Rebecca T
Seller's Agent
Rick Carroll
RE/MAX LAKEFRONT REALTY INC
Buyer's Agent
Fred Cuffari
SMITH MTN LAKE HOMES BROKERED BY BUYERS AGCY OF SML
List Price
$585,000
Sold Price
$543,000
Premium/Discount to List
-$42,000
-7.18%
Current Estimated Value
$1,349,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,539
Avg. Annual Appreciation
17.42%
Original Mortgage
$430,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2019
Closed on
May 5, 2020
Sold by
Breeden Dorcas M
Bought by
Crites James W and Crites Rebecca T
Seller's Agent
Rick Carroll
RE/MAX LAKEFRONT REALTY INC
Buyer's Agent
Fred Cuffari
SMITH MTN LAKE HOMES BROKERED BY BUYERS AGCY OF SML
List Price
$585,000
Sold Price
$543,000
Premium/Discount to List
-$42,000
-7.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Crites James W -- Century Title Services Inc
Crites James W $543,000 Century Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crites James W $430,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2020 05/08/20 Sold $543,000 -7.2% $151 / Sq Ft
04/06/2020 04/06/20 Pending -- -- --
10/31/2019 10/31/19 For Sale $585,000 -- $163 / 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
2025 $4,124 $959,000 $387,000 $572,000
2024 $4,124 $959,000 $387,000 $572,000
2023 $3,944 $646,500 $355,000 $291,500
2022 $3,944 $646,500 $355,000 $291,500
2021 $3,944 $646,500 $355,000 $291,500
2020 $3,944 $646,500 $355,000 $291,500
2019 $3,557 $583,100 $305,000 $278,100
2018 $3,557 $583,100 $305,000 $278,100
2017 $3,207 $562,100 $305,000 $257,100
2016 $3,207 $562,100 $305,000 $257,100
2015 $3,035 $562,100 $305,000 $257,100
2014 $3,035 $562,100 $305,000 $257,100
2013 $3,035 $562,100 $305,000 $257,100
Source: Public Records

Agents Affiliated with this Home

  • Rick Carroll

    Seller's Agent in 2020

    Rick Carroll

    RE/MAX

    21 Total Sales

    Rick Carroll
    Section Image
  • Fred Cuffari

    Buyer's Agent in 2020

    Fred Cuffari

    SMITH MTN LAKE HOMES BROKERED BY BUYERS AGCY OF SML

    (540) 676-2542

    166 Total Sales

    Fred Cuffari
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 864529

Roanoke Valley Association of REALTORS®

APN: 0500000301

Virginia Pittsylvania County Penhook 24137

71 Penhook Point, Penhook, VA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes