See Home Value
Pittsylvania 24137
484 Lake Point DR
$1,178,566*
House - Off Market

484 Lake Point DR

Penhook, VA 24137
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3534 Sqft
$765,000 - $935,000
Reference Base Price*
38.65%
Since Aug 1, 2020
National-US
Primary Model
Sold Aug 21, 2020
$775,000
$465,000 by Loandepot.com Llc
Mortgage

About This Property

When you think of a lake house, this comes to mind! A-frame with soaring windows and spacious open floor plan. Just steps from the shoreline of Smith Mountain Lake on a level lot, and water 28 feet deep at the dock. Situated near the end of a peninsula with a huge water view. The upper deck spans the entire lake side of the house with a Florida room at one end, and a full waterproof patio on the lower level awaits your family gatherings. Lots of storage space for your water toys, a workshop and a single car garage on the lower level. Being sold turn key.

The manager has listed the unit size as 3534 square feet.
Unit Size
3,534Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$241
Property Type
House
Property Taxes
$4,080
HOA Dues
-
Year Built
1977

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold to Erik Mccrae Ross, Jennifer ... $775,000
Sold to Erik Mccrae Ross, Jennifer ...
Jul 9, 2020 No longer available -
No longer available
May 29, 2020 Price Decreased $850,000
↓ $49K (5.5%)
Price Decreased
Apr 17, 2020 Listed $899,000
Listed
Nov 3, 2019 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 2,336
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 1,652
  • Building Area: 1,652
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,652
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: PALOMA (0618)
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALOMA SUBD LOT 14 .48 AC

Ownership

  • Current Owner : ROSS ERIK MCCRAE
  • Current Owner 2: ROSS JENNIFER LYNN
  • Previous Owner : WHEELER BONNIE JEAN

Neighborhood

  • School District Name: Pittsylvania County Public Schools
  • Census Tract: 010302

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: DB1066/334
  • Account Number: 249577
  • District: 6
  • Parcel: 1563-23-1478
  • Lot: 14
  • Municipality: CALLANDS-GRETNA
  • Latitude: 37.0222
  • Longitude: -79.5986

    Address

  • Full Address: 484 Lake Point Dr
  • Address - House Number: 484
  • Address - Street Name: Lake Point
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Penhook
  • Carrier Code: R003
  • 4-Digit Zip Code: 2106
  • Zip Code: 24137

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,200
  • Tax Rate Code Area: REAL ESTAT

    Appraisal Valuation

  • Standard Deviation: 0.256
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 63
  • Final Value: 959,104
  • High Value: 1,204,718
  • Low Value: 713,491

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Aug 21, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $465,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $658,100
  • Market Land Value: $400,000
  • Market Improvement Value: $258,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $658,100
  • Assessed Land Value: $400,000
  • Assessed Improvements Value: $258,100

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Transaction ID: 11786135372
  • Current Sale Price: $775,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200004095

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Aug 21, 2020
  • First Mortgage Loan Amount: $465,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pittsylvania


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Frequently Asked Questions

When was property at 484 Lake Point Drive built and last sold?
The property at 484 Lake Point Drive was built in 1977 and last sold on Aug 13, 2020 for $775,000.
How much is this home worth?
The estimated value of the home located at 484 Lake Point Drive is $839,732.
What are some comparable homes to 484 Lake Point Drive?
There are currently no comparable homes to 484 Lake Point Drive.

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