NOT LISTED FOR SALE

85 Lands End Rd Penhook, VA 24137

Estimated Value: $1,547,000 - $2,150,000

4 Beds
5 Baths
4,427 Sq Ft
$399/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2016

Last sale price $675,000 $152 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $10,296 / mo

25 Days on Market

Highlights

  • 91 Feet of Waterfront
  • Golf Course Community
  • Lake View
  • Floating Dock
  • Public Beach
  • Deck

About This Home

As of December 2016

Lindal Cedar Contemporary Waterfront Home Located in The Water's Edge. Sandy beach. Level point lot w phenominal sunset views. Private setting. South side of Smith Mountain Lake ideal for NC buyers. Priced below assessed value ($889,700). Great value for someone willing to do updating and renovations. Adjoining lot available separately. Call for details.

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 10/17/2016

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $4,893

Year Built

  • Built in 1991

Lot Details

  • 23,087 Sq Ft Lot
  • 91 Feet of Waterfront
  • Public Beach
  • Cul-De-Sac
  • Level Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Contemporary Architecture

Interior Spaces

  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Great Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Sun or Florida Room
  • Lake Views
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Personal Watercraft Lift
  • Boat Hoist or Davit
  • Floating Dock
  • Covered Dock
  • Deck
  • Patio
  • Front 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 134

Community Details

Overview

  • No Home Owners Association
  • The Waters Edge Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,893

Year Built

Built in 1991

Lot Details

0.53 Acres

Listing Details

  • Interior Features: Book Shelves, Cathedral Ceiling, Ceiling Fan, Masonry Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room, Recreation Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Cook Top, Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Other - See Remarks, Patio, Sunroom
  • Views: Lake, Sunset
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 2484.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • HalfBathsHalfBathsUpperLvl: 1
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 91.05
  • LowerBelowGrdFin Sq Ft: 1943.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubagentAuthorized: No
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 2484
  • TotalBdrm: 4
  • TotalBths: 3.20
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4427.00
  • TotalHBaths: 2
  • 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: Front Porch, Rear Porch

Utilities

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

Association/Amenities

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.53
  • Lot: 134

Green Features

  • Water Features: Beach, Point

Building Info

  • Year Built: 1991

Tax Info

  • Taxes (6 mo): 4893.00

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 17, 2016
Closed on
Nov 28, 2016
Sold by
Merritt Invetments Llc
Bought by
Waters Kevin Lee and Waters Mary Louise
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$700,000
Sold Price
$675,000
Premium/Discount to List
-$25,000
-3.57%
Current Estimated Value
$1,796,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,121,063
Avg. Annual Appreciation
10.71%
Original Mortgage
$540,000
Outstanding Balance
$434,006
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$1,333,745
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
Waters Kevin Lee $675,000 Fidelity National Title Insu
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 Waters Kevin Lee $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2016 12/14/16 Sold $675,000 -3.6% $152 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $700,000 -18.6% $158 / Sq Ft
08/15/2013 08/15/13 Sold $860,000 -3.9% $194 / Sq Ft View Prior Sale
07/11/2013 07/11/13 Pending -- -- --
06/01/2012 06/01/12 For Sale $895,000 -- $202 / Sq Ft
Source: Roanoke Valley 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 $6,681 $1,553,700 $389,500 $1,164,200
2024 $6,681 $1,553,700 $389,500 $1,164,200
2023 $5,041 $826,400 $327,000 $499,400
2022 $5,041 $826,400 $327,000 $499,400
2021 $5,041 $826,400 $327,000 $499,400
2020 $5,041 $826,400 $327,000 $499,400
2019 $5,664 $928,500 $380,000 $548,500
2018 $5,664 $928,500 $380,000 $548,500
2017 $4,893 $845,100 $380,000 $465,100
2016 $4,893 $845,100 $380,000 $465,100
2015 $4,564 $845,100 $380,000 $465,100
2014 $4,564 $845,100 $380,000 $465,100
2013 $4,564 $845,100 $380,000 $465,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jane Sullivan Horne

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 493-1690

    39 in this area

    91 Total Sales

    Jane Sullivan Horne
    Section Image
  • Vicki Millehan

    Seller's Agent in 2013

    Vicki Millehan

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 520-2401

    91 in this area

    198 Total Sales

    Vicki Millehan
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 831326

Roanoke Valley Association of REALTORS®

APN: 0510703900

Virginia Franklin County Penhook 24137

85 Lands End Rd, Penhook, VA

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.

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