NOT LISTED FOR SALE

88 Loving Cir Penhook, VA 24137

Estimated Value: $1,463,000 - $1,908,000

4 Beds
3.5 Baths
4,513 Sq Ft
$379/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $790,000 $175 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $9,598/month

Highlights

  • 79 Feet of Waterfront
  • Golf Course Community
  • Lake View
  • Covered Dock
  • Stables
  • Deck

About This Home

As of July 2020

The Waters Edge - Beautiful custom home designed by Antonia Veloso and constructed by B and A Construction. Positioned on a quiet cul-de-sac and cove with wide water views. Hardi plank and stone exterior siding. Open floor plan with beautiful hardwood floors. Expansive ceilings and trays. Crown molding and custom cabinetry and built ins by Bowman. 2 gas log fireplaces, main floor master. New HVAC in July 2017 on main. 2 hot water tanks. Surround sound, exterior and interior speakers, tv (in the great rm) and components to convey. Oversized double car garage, lawn irrigation, and covered screened porch and open decks and patios for your enjoyment. Within minutes to the golf course and clubhouse amenities. Active club membership for $30K within 30 days of closing at Purchasers expense.

Last Agent to Sell the Property

Vicki Millehan

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225015182 Listed on: 12/27/2019

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Vicki Millehan

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225015182 Listed on: 12/27/2019

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,128

Year Built

  • Built in 2008

Lot Details

  • 0.53 Acre Lot
  • 79 Feet of Waterfront
  • Cul-De-Sac
  • Fenced Yard
  • Gentle Sloping Lot

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Hardboard

Interior Spaces

  • Wet Bar
  • Central Vacuum
  • Sound System
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • French Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Screened Porch

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

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

Parking

  • 2 Car Attached Garage
  • 5 Open Parking Spaces
  • Garage Door Opener

Outdoor Features

  • Rip-Rap
  • Boat Hoist or Davit
  • Covered Dock
  • Deck
  • Patio

Schools

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

Horse Facilities and Amenities

  • Stables

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 186

Community Details

Overview

  • No Home Owners Association
  • The Waters Edge Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,128

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Audio-Video Wired, Book Shelves, Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Wet Bar
  • Heating System: Heat Pump Electric, Zoned Heat
  • Fireplace(s): Family Room, Great Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Central Vacuum, Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, In-House Stereo, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric, Zoned Cooling
  • Outside Features: Covered Porch, Deck, Fenced Yard, Patio, Paved Driveway, Screened Porch
  • Views: Lake, Mountain
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 3
  • EntryAboveGrdFin Sq Ft: 2375.00
  • ExteriorDoors: French, Full View
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 2
  • Grand Total Attached S Q F T: 4751
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 78.92
  • LowerBelowGrdFin Sq Ft: 2138.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2020-06-30
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubagentAuthorized: No
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 2375
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4513.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 238.00
  • UncoveredNumberSpaces: 5.00
  • Uncovered Parking: Other
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 238.00
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • 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: Community System
  • Water Heater Type: Tank

Association/Amenities

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

Schools

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

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.53
  • Lot: 186

Green Features

  • Water Features: Cove, Riprap Shoreline

Building Info

  • Year Built: 2008

Tax Info

  • Taxes (6 mo): 5128.27
  • FILLTAXID: 0510610100

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
Dec 27, 2019
Closed on
Jul 20, 2020
Sold by
Yeatts Coleman B and Yeatts Caryl H
Bought by
Smith Howard E and Smith Roben W
Seller's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$899,000
Sold Price
$790,000
Premium/Discount to List
-$109,000
-12.12%
Current Estimated Value
$1,711,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$921,596
Avg. Annual Appreciation
16.00%
Original Mortgage
$600,000
Outstanding Balance
$479,629
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,231,967
Source: Public Records

Range of Values:

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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
Smith Howard E $790,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Howard E $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2020 07/27/20 Sold $790,000 -12.1% $175 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $899,000 -- $199 / 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
2024 $7,447 $1,731,800 $210,000 $1,521,800
2023 $5,083 $833,300 $180,000 $653,300
2022 $5,083 $833,300 $180,000 $653,300
2021 $5,040 $833,300 $180,000 $653,300
2020 $5,040 $826,300 $180,000 $646,300
2019 $5,128 $840,700 $230,000 $610,700
2018 $5,128 $840,700 $230,000 $610,700
2017 $4,624 $706,100 $165,000 $541,100
2016 $4,624 $706,100 $165,000 $541,100
2015 -- $706,100 $165,000 $541,100
2014 -- $706,100 $165,000 $541,100
2013 -- $706,100 $165,000 $541,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 865574

Roanoke Valley Association of REALTORS®

APN: 0510610100