Charming Cottage at Smith Mountain Lake! If you are looking for a great little getaway -THIS IS IT! One-level living with a nice screened-in porch, a great wrap-around deck for enjoying the view of SML, storage buildings for lake toys, a double carport, and so much more! Enjoy your little piece of paradise today!
Property Details
Property Features
Property Information:
Architectural Style: Cottage, Ranch
Year Built: 1968
Living Area: 741 SqFt
Listing Office:
Office Name: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Interior Features
Interior Information:
Appliances: Electric Range, Refrigerator
Basement: Yes
Flooring Type: Wood
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Waterfront: Bay
Exterior: Deck, Screened Porch
Parking Information:
Parking: Carport Detached
Lot Features
Lot Information:
Lot: Gentle Sloping
Lot Size: 1.00 Acres
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Heat Pump
School Info
Assigned Schools Information:
Gretna High School, Public District Grades 9-12
Gretna Middle School, Public District Grades 6-8
Gretna Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From RT 40 Penhook, Rt 645 (Old Mtn Rd), left Smith Mtn Rd, to right on Waterlocked Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $419,000
Price Per SqFt: $565/SqFt
Tax Information:
Annual Amount: $1,301
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Penhook, VA.
This property is $536K less than the Median Sold Price and $197/SqFt more than other homes in Penhook, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #904290
Listing Office:
Office Name: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.
All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.
All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/30/2024, 4:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,301
$190,500
2019
$1,181
$190,500
2018
$1,181
$190,500
2017
$1,181
$190,500
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,159
Per Month
Principal & Interest
$2,092
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,323
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Gretna Elementary School
302 Franklin Blvd S
Distance between this listing and this school13.11 miles
Public District Grades PK-5
Middle School
6
/10
Gretna Middle School
201 Coffey St
Distance between this listing and this school12.86 miles
Public District Grades 6-8
High School
5
/10
Gretna High School
100 Gretna Hawk Cir
Distance between this listing and this school13.17 miles
Public District Grades 9-12
Assigned Schools
6
/10
Gretna Elementary School
302 Franklin Blvd S
Distance between this listing and this school13.11 miles
Public District Grades PK-5
Nearby Schools
7
/10
Glade Hill Elementary School
8081 Old Franklin Trnpk
Distance between this listing and this school9.25 miles
Public District Grades PK-5
7
/10
Dudley Elementary School
7250 Brooks Mill Rd
Distance between this listing and this school9.93 miles
Public District Grades PK-5
Assigned Schools
6
/10
Gretna Middle School
201 Coffey St
Distance between this listing and this school12.86 miles
Public District Grades 6-8
Nearby Schools
4
/10
Staunton River Middle School
1293 Golden Eagle Dr
Distance between this listing and this school15.40 miles
Public District Grades 6-8
5
/10
Benjamin Franklin Middle-West
225 Middle School Rd
Distance between this listing and this school16.37 miles
Public District Grades 7-8
Assigned Schools
5
/10
Gretna High School
100 Gretna Hawk Cir
Distance between this listing and this school13.17 miles
Public District Grades 9-12
Nearby Schools
4
/10
Staunton River High School
1095 Golden Eagle Dr
Distance between this listing and this school15.32 miles
Public District Grades 9-12
3
/10
Franklin County High School
700 Tanyard Rd
Distance between this listing and this school16.13 miles
The neighbors living near this home have an average income of $33,780. Residents of Penhook, VA typically earn less than $35k each year. Most families are married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 281 Waterlocked Rd
What is the listing price of this property?
The listing price of 281 Waterlocked Rd property is $419,000.
What type of property is this?
The property 281 Waterlocked Rd is a house located in Penhook, Virginia, 24137.
Is this property for sale now?
Active Listing: 281 Waterlocked Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 281 Waterlocked Rd are: Gretna Elementary School: GreatSchools Rating 6/10Gretna Middle School: GreatSchools Rating 6/10Gretna High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,301 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 281 Waterlocked Rd has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 281 Waterlocked Rd is 741 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 281 Waterlocked Rd is 1968.
This home is located at 281 Waterlocked Rd in Penhook, VA and zip code 24137. This 741 square foot home, which was built in 1968, sits on a 1.00 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $419,000.
In April 2024, from all listings sold in Penhook, VA there were more than 0 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price. The number of listings in Penhook, VA increased by 41.7% between March 2024 and April 2024.
From Rocket Homes Real Estate and based on county public records data.