See Home Value
Penhook 24137
530 Silver Tee DR
$2,295,000*
House - Off Market

530 Silver Tee DR

Penhook, VA 24137
bedrooms
3 Beds
bathrooms
5 Baths
square feet
4590 Sqft
$2,066,000 - $2,524,000
Reference Base Price*
0.00%
Since Dec 1, 2023
National-US
Primary Model
Sold Jan 24, 2005
Transfer
$960,000 by Flick Mortgage Investors Inc
Mortgage Due Feb 01, 2035

About This Property

The Waters Edge-  Breathtaking views of Smith Mountain and wide Channel views.  Large windows make up the majority of the rear of this home and provide a grand view of the lake and surrounding mountain views. This home provides  4 masonry fireplaces, cathedral ceilings, hardwood, tile & vinyl floors, spacious bedrooms and large living areas. The outdoor living space has lots of room for entertaining including a party deck over the dock and covered porch for your enjoyment.  Beautiful sunrise views.  There is great golf in The Waters Edge with an  Active club membership available for $35K within 30 days of closing to McConnell Golf.  Other amenities include pickleball, tennis, swimming, dining, exercise, boat ramp, trailer storage and equestrian center.

The manager has listed the unit size as 4590 square feet.
Unit Size
4,590Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$500
Property Type
House
Property Taxes
$5,546
HOA Dues
$190
Year Built
1992

Price History

Date / Event Date Event Price
Nov 29, 2023 No longer available -
No longer available
Nov 2, 2023 Listed $2,295,000
Listed

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 2,280
  • Garage Type: Mixed use
  • Garage Square Area: 765
  • Parking Space Count: 2
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 24,581
  • Total Building Area: 2,805
  • Building Area: 2,805
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,805
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WATERS EDG
  • Land Acres: 0.564
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: WATERS EDGE LOT 200 SEC 3

Ownership

  • Current Owner : WILLIS ROGER L
  • Current Owner 2: WILLIS SUSAN H
  • Previous Owner : DALY DONALD D
  • Previous Owner 2: DALY ANNE H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust

Neighborhood

  • School District Name: Franklin County Public Schools
  • Census Tract: 020102

Zoning

  • Zoning: RPD

Geography

  • Section: 3
  • Parcel: 051 06-115 00
  • Lot: 200
  • Municipality: UNION HALL
  • Latitude: 37.0273
  • Longitude: -79.6103

    Address

  • Full Address: 530 Silver Tee Dr
  • Address - House Number: 530
  • Address - Street Name: Silver Tee
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Penhook
  • Carrier Code: R003
  • 4-Digit Zip Code: 5255
  • Zip Code: 24137

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,546

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 1,526,304
  • High Value: 1,916,422
  • Low Value: 1,136,186

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: FLICK MORTGAGE INVESTORS INC
  • First Open Lien Mortgage Recording Date: Jan 24, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $960,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2035
  • Second Open Lien Mortgage Lender: NATIONAL BANK OF COMMERCE
  • Second Open Lien Mortgage Recording Date: Jan 24, 2005
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $240,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2035

    Market Valuation

  • Market Total Value: $909,100
  • Market Land Value: $389,000
  • Market Improvement Value: $520,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $909,100
  • Assessed Land Value: $389,000
  • Assessed Improvements Value: $520,100

    Sales

  • Current Sale Contract Date: Jan 19, 2005
  • Current Sale Recording Date: Jan 24, 2005
  • Current Sale Transaction ID: 1058798523
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 050000908

    Last Sale Mortgage

  • First Mortgage Lender: FLICK MORTGAGE INVESTORS INC
  • First Mortgage Transaction Date: Jan 24, 2005
  • First Mortgage Loan Amount: $960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Feb 01, 2035
  • Second Mortgage Lender: NATIONAL BANK OF COMMERCE
  • Second Mortgage Transaction Date: Jan 24, 2005
  • Second Current Mortgage Financing Type: Variable
  • Second Mortgage Loan Amount: $240,000
  • Second Mortgage Terms: 120
  • Second Mortgage Loan Type: Credit Line (Revolving)
  • Second Mortgage Loan Due Date: Jan 14, 2015

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

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

About Penhook


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Frequently Asked Questions

When was property at 530 Silver Tee Drive built and last sold?
The property at 530 Silver Tee Drive was built in 1992 and last sold on Jan 19, 2005 for $0.
How much is this home worth?
The estimated value of the home located at 530 Silver Tee Drive is $2,281,013.
What are some comparable homes to 530 Silver Tee Drive?
There are currently no comparable homes to 530 Silver Tee Drive.

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