NOT LISTED FOR SALE

85 Milestone Ln Penhook, VA 24137

Estimated Value: $851,842 - $1,128,000

5 Beds
5 Baths
3,518 Sq Ft
$281/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $650,000 $185 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,409/month

Highlights

  • Boat Ramp
  • Water Access
  • 2 Car Attached Garage
  • Covered Dock
  • Cottage

About This Home

As of November 2020

Impeccably maintained with upgrades throughout this move-in ready home! Views of the golf course and lake from covered front porch and wrap around deck. Gourmet kitchen including professional series gas cooktop, double wall oven, warming drawer, beverage cooler, granite counters and abundant cabinets. Hard wood floors throughout main level. Main level master suite with walk-in closet, large master bath with his/hers vanities, private water closet, steam shower, fireplace. Great room with fireplace, easy access to deck and office/sitting area. Abundant windows. Two upstairs bedrooms and full bathroom with tiled tub surround. Basement has 2 additional bedrooms, 1 full and 1 half bath, bar area, family room with stacked stone fireplace, built-ins, utility area, game/flex space and laundry

Last Agent to Sell the Property

Non Member Transaction Agent

Non-Member Transaction Office Listed on: 10/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,966

Year Built

  • Built in 2005

Lot Details

  • 0.29 Acre Lot
  • Property is zoned RPD

Parking

  • 2 Car Attached Garage

Home Design

  • Cottage

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level

Basement

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

Outdoor Features

  • Water Access
  • Covered Dock

Schools

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

Utilities

  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Tax Lot 2-A

Community Details

Overview

  • Property has a Home Owners Association
  • The Waters Edge Subdivision

Recreation

  • Boat Ramp
  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,966

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Heat Pump Electric
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 1650.00
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1268.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: Yes
  • Primary Covered Parking S Q F T: 484
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Cottage
  • SubdivisionMap: Golfers Crossing
  • Total Above Grd Fin S Q F T: 2250
  • TotalBdrm: 5
  • TotalBths: 3.20
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3518.00
  • TotalHBaths: 2
  • TotalUnfin Sq Ft: 382.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 382.00
  • UpperAboveGrdFin Sq Ft: 600.00
  • WaterAccOnlyB: Community Boat Ramp, Community Dock, Deed/Assgn Dock
  • Water Class: Water Access Only
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.29
  • Lot: 2-A
  • ZoningCode: RPD

Building Info

  • Year Built: 2005

Tax Info

  • Taxes (6 mo): 2966.00

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 6, 2020
Closed on
Nov 19, 2020
Sold by
Caldarella Rocco J and Waddell Wendie J
Bought by
Cochran Kenneth Thomas and Cochran Paige Kemp
Seller's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$987,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,961
Avg. Annual Appreciation
8.30%
Original Mortgage
$505,000
Outstanding Balance
$448,352
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$539,609

Purchase Details

Closed on
Dec 14, 2011
Sold by
Bank Of America
Bought by
Caldarella Rocco J and Waddell Wendie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2005
Sold by
Willard Construction Of Roanoke Valley I
Bought by
Arigo Robert J and Mills Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.78%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cochran Kenneth Thomas $650,000 Old Republic Natl Ttl Ins
Caldarella Rocco J $487,500 None Availabale
Arigo Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Kenneth Thomas $505,000
Previous Owner Caldarella Rocco J $390,000
Previous Owner Arigo Robert J $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $650,000 0.0% $185 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $650,000 -- $185 / 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 $3,347 $778,400 $77,000 $701,400
2024 $3,675 $778,400 $77,000 $701,400
2023 $2,966 $486,300 $63,500 $422,800
2022 $2,966 $486,300 $63,500 $422,800
2021 $2,966 $486,300 $63,500 $422,800
2020 $2,966 $486,300 $63,500 $422,800
2019 $3,038 $498,000 $83,500 $414,500
2018 $3,038 $498,000 $83,500 $414,500
2017 $2,739 $566,100 $83,500 $482,600
2016 $2,739 $566,100 $83,500 $482,600
2015 $3,057 $566,100 $83,500 $482,600
2014 $3,057 $566,100 $83,500 $482,600
2013 $3,057 $566,100 $83,500 $482,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 875200

Roanoke Valley Association of REALTORS®

APN: 0511100300

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