NOT LISTED FOR SALE

72 Saddleridge Dr Penhook, VA 24137

Estimated Value: $2,231,000 - $4,156,000

4 Beds
5 Baths
5,362 Sq Ft
$573/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $2,975,000 $555 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $16,821/month

3 Days on Market

Highlights

  • 93 Feet of Waterfront
  • Golf Course Community
  • New Construction
  • 1 Dock Slip
  • Public Beach
  • Lake View

About This Home

As of August 2024

NEW CONSTRUCTION! Waterfront home in The Water's Edge. Outstanding quality construction. Upscale FinishesThroughout. Tremendous architectural details. All top of the line appliances, custom cabinets with hand glazed finishes. Two primary suites; one on main level.Four Bedrooms plus Flex Rooms ideal for hobbies, exercise, overflow, etc. Elevator. Three Car Garage. Lower level wet bar/kitchen for guests.Huge level lot withIncredible hard scapes including fire pit, plus great yard space for kids to enjoy. See interactive floor plans, photos, and home report for additional details.Another luxury home built be DLS Construction for Earle MacKenzie, known throughout the community for outstanding service and great relationships. Everyone who has bought a home he built says he goes above

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 06/28/2024

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 06/28/2024

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,700

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.8 Acre Lot
  • 93 Feet of Waterfront
  • Public Beach
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • Wet Bar
  • Wired For Sound
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Compactor

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

Outdoor Features

  • Personal Watercraft Lift
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 430

Community Details

Overview

  • The Waters Edge Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,700

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Interior Features: Audio-Video Wired, Masonry Fireplace, Other - See Remarks, Wet Bar
  • Heating System: Heat Pump Electric, Other - See Remarks, Zoned Heat
  • Fireplace(s): Living Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Compacter, Cook Top, Dishwasher, Microwave Oven (Built In), Other - See Remarks, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric, Zoned Cooling
  • Outside Features: Covered Porch, Other - See Remarks, Paved Driveway
  • Views: Lake, Mountain
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 2584.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 92.54
  • LowerBelowGrdFin Sq Ft: 2008.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRLowerLvl: 1
  • NumberPrimCovSpaces: 3.00
  • Phone Email: wepoatreasurer@gmail.com
  • POACondoDues: 222.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 3354
  • TotalBdrm: 4
  • TotalBths: 3.20
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 5362.00
  • TotalHBaths: 2
  • UpperAboveGrdFin Sq Ft: 770.00
  • Water Class: Waterfront Property
  • WaterDetailsNumberCoveredSlips: 1
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water
  • Water Heater Type: Tank-less

Association/Amenities

  • Misc Features: Cul-de-sac, New Construction, Other - See Remarks, Underground Util

Lot Info

  • Lot Description: Level Lot, Other - See Remarks
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.80
  • Lot: 430

Green Features

  • Water Features: Beach, Cove

Building Info

  • Year Built: 2024

Tax Info

  • Taxes (6 mo): 4700.00

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
Jun 28, 2024
Closed on
Jul 29, 2024
Sold by
Mackenzie Earle A
Bought by
Sycamore Heritage Llc
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
$2,975,000
Sold Price
$2,975,000
Views
7
Current Estimated Value
$3,070,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,498
Avg. Annual Appreciation
2.19%

Purchase Details

Closed on
Jan 12, 2021
Sold by
Lopresti Glynn C and Lopresti Michelle M
Bought by
Mackenzie Earle A

Purchase Details

Closed on
Mar 28, 2007
Sold by
Sml Associates Llc
Bought by
Lopresti Glynn C and Lopresti Michelle M
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

Date Buyer Sale Price Title Company
Sycamore Heritage Llc $2,975,000 Fidelity National Title
Mackenzie Earle A $300,000 Fidelity National Ttl Ins Co
Lopresti Glynn C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2024 08/01/24 Sold $2,975,000 0.0% $555 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $2,975,000 -- $555 / 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 $8,957 $2,083,090 $310,000 $1,773,090
2024 $4,684 $1,089,200 $310,000 $779,200
2023 $2,119 $347,300 $300,000 $47,300
2022 $2,070 $339,300 $300,000 $39,300
2021 $2,070 $339,300 $300,000 $39,300
2020 $2,070 $339,300 $300,000 $39,300
2019 $2,070 $339,300 $300,000 $39,300
2018 $2,070 $339,300 $300,000 $39,300
2017 $1,866 $240,800 $200,000 $40,800
2016 $1,866 $240,800 $200,000 $40,800
2015 -- $240,800 $200,000 $40,800
2014 -- $240,800 $200,000 $40,800
2013 -- $240,800 $200,000 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 908884

Roanoke Valley Association of REALTORS®

APN: 0511004300