NOT LISTED FOR SALE

Estimated Value: $81,000 - $350,000

0.84 Acre
$256,548 Price per Acre
36,590 Sq Ft Lot

Sale Details

Date Sold: July 26, 2024

Last sale price $65,000

Est. 232% increase in value since last sale

Current estimated payment $1,216 / mo

76 Days on Market

Highlights

  • 25 Feet of Waterfront
  • Community Boat Dock
  • Lake View
  • Dudley Elementary School Rated A-

About This Lot

As of July 2024

You can now afford a waterfront lot on Smith Mountain Lake. The owner is including two lots. Lot 52 is waterfront and has a floating dock which is sold as-is. Lot 51 is a lake access lot which can use the common area for use of the community day dock and boat ramp. The old mobile home has been cleared off the lot. Public water available. New septic will have to be installed by the buyer. There was a shared septic with the neighbor but we can not find a copy of the septic permit. Only 5 minutes to the Westlake shopping area!

Last Agent to Sell the Property

Phyllis Johnson

RE/MAX LAKEFRONT REALTY INC License #0225113616 Listed on: 05/03/2024

RE/MAX LAKEFRONT REALTY INC

Co-Listed By

Casey Johnson

RE/MAX LAKEFRONT REALTY INC License #0225217325

Last Buyer's Agent

Tony Seifred

MKB, REALTORS(r) - AT THE LAKE License #0225082689

MKB, REALTORS(r) - AT THE LAKE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $300

Lot Details

  • 36,590 Sq Ft Lot
  • 25 Feet of Waterfront
  • Property is zoned RC1

HOA Fees

  • $6 Monthly HOA Fees

Schools

  • Dudley Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Additional Features

  • Lake Views
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 51 & 52

Community Details

Overview

  • Lakewood Service Corp Association
  • Lakewood Forest Subdivision

Recreation

  • Community Boat Dock
  • Floating Dock

Property Details

Property Type

Land

Est. Annual Taxes

$300

Lot Details

0.84 Acres

HOA Fees

$6 per month

Listing Details

  • Type: Land
  • Views: Lake
  • CondoAssocYN: Yes
  • ElectricDescription: Available
  • Land Sub Type: Residential - Single Family
  • LengthOfWaterfront: 25.00
  • Major Area: 04 - Franklin County
  • Phone Email: 540-721-4803
  • P O A Condo Contact Name: Lakewood Service Corp
  • POATerms: Annual
  • Hoa2 Or Poa: Yes
  • WaterAccessOnlyB: Comm Boat Ramp, Community Dock
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: None
  • Water Description: Public Water

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Total Acreage: 0.84
  • Lot: 51 & 52
  • Land Type: Lot
  • ZoningCode: RC1

Tax Info

  • Taxes (6 mo): 300.00

MLS Schools

  • Elementary School: Dudley
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2025
Sold by
Bought by
Current Estimated Value
$215,500

Purchase Details

Listed on
May 3, 2024
Closed on
Jul 26, 2024
Sold by
Bought by
Seller's Agent
Phyllis Johnson
RE/MAX LAKEFRONT REALTY INC
Buyer's Agent
Tony Seifred
MKB, REALTORS(r) - AT THE LAKE
List Price
$89,999
Sold Price
$65,000
Premium/Discount to List
-$24,999
-27.78%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$411,000 Old Republic National Title In
$65,000 Pike Title
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $65,000 -27.8% --
07/18/2024 07/18/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $89,999 -- --
Source: Roanoke Valley Association of REALTORS®

Tax 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.

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 $435 $101,200 $100,000 $1,200
2024 $435 $101,200 $100,000 $1,200
2023 $587 $96,200 $95,000 $1,200
2022 $587 $96,200 $95,000 $1,200
2021 $587 $96,200 $95,000 $1,200
2020 $587 $96,200 $95,000 $1,200
2019 $587 $96,200 $95,000 $1,200
2018 $587 $96,200 $95,000 $1,200
2017 $529 $96,200 $95,000 $1,200
2016 $529 $96,200 $95,000 $1,200
2015 -- $96,200 $95,000 $1,200
2014 -- $96,200 $95,000 $1,200
2013 -- $96,200 $95,000 $1,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 907298

Roanoke Valley Association of REALTORS®

APN: 0310105000

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