NOT LISTED FOR SALE

1005 Indian Ridge Dr Moneta, VA 24121

Estimated Value: $910,000 - $1,158,000

3 Beds
3.5 Baths
2,964 Sq Ft
$334/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $800,000 $270 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,624/month

6 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Spa
  • Wooded Lot
  • Floating Dock
  • Lake View
  • Ranch Style House

About This Home

As of August 2023

Ideal Smith Mountain Lake getaway, ready for you to enjoy immediately! Close, convenient & just off the main channel, this home is everything you could want in a lake home. Main level offers an open living & dining space with vaulted ceiling and access to the huge screened in back deck overlooking the quiet cove. Off the main common area is a spacious kitchen, laundry facilities, and the 2-car attached garage. Also on the main level are two separate master suites, each with a full private bath and walk in closets. The larger of the two even has its own private deck space! The terrace level has a large family room/den area with sliding doors out to the patio, hot tub area and steps to the lake. Also on this level are a 3rd bedroom, full bath, an additional room suitable for an office

Last Agent to Sell the Property

Dan Vollmer

DWELL License #0225100219 Listed on: 07/17/2023

Last Buyer's Agent

Peggy Overstreet

LAKE HOMES REALTY, LLC License #0225195570

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 2001

Lot Details

  • 0.72 Acre Lot
  • 150 Feet of Waterfront
  • Lot Sloped Down
  • Wooded Lot

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Ranch Style House

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Sliding Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Screened Porch
  • Storage
  • Lake Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Spa
  • Boat Hoist or Davit
  • Floating Dock
  • Patio

Schools

  • Moneta Elementary School
  • Staunton River Middle School
  • Staunton River High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 110

Community Details

Overview

  • Village East HOA
  • Village East Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,280

Year Built

Built in 2001

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Interior Features: Breakfast Area, Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Hot Tub, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Hot Tub, Patio, Screened Porch
  • Views: Lake
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1536.00
  • ExteriorDoors: Insulated, Sliding
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3589
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 150.00
  • LowerBelowGrdFin Sq Ft: 1428.00
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBREntryLvl: 2
  • NumberPrimCovSpaces: 2.00
  • Phone Email: 630-709-8928
  • P O A Condo Contact Name: VIllage East HOA
  • POACondoDues: 550.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2023-07-23
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1536
  • TotalBdrm: 3
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2964.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 625.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 625.00
  • 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: Rear Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Paved Road, Underground Util

Schools

  • Elementary School: Moneta
  • Middle School: Staunton River
  • High School: Staunton River

Lot Info

  • Lot Description: Down Slope, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.72
  • Lot: 110
  • Phase: 1

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 2001

Tax Info

  • Taxes (6 mo): 2280.00
  • FILLTAXID: 24120500

MLS Schools

  • Elementary School: Moneta
  • HighSchool: Staunton River
  • Middle School: Staunton River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Sarver Paul A and Sarver Brenda S
Bought by
Star Bob Llc
Current Estimated Value
$991,430

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 7, 2023
Sold by
For Whom The Brothers Towles Llc
Bought by
Sarver Paula A and Sarver Brenda S
Seller's Agent
Dan Vollmer
DWELL
Buyer's Agent
Peggy Overstreet
LAKE HOMES REALTY, LLC
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%

Purchase Details

Listed on
Aug 7, 2020
Closed on
Jul 29, 2020
Sold by
Roderiue William J
Bought by
For Whom The Brothers Towles Llc
Seller's Agent
Meredith Ford
OUT OF AREA BROKER
Buyer's Agent
Daniel Vollmer
RE/MAX 1st Olympic
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.84%

Purchase Details

Closed on
Jun 8, 2010
Sold by
Aurora Loan Services Llc
Bought by
Roderique William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Coombs Gregory J and Coombs Joan L
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 26, 2007
Sold by
Kerek Robert P and Kerek Roseanne
Bought by
Coombs Gregory J and Coombs Joan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
7.7%
Mortgage Type
New Conventional
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
Star Bob Llc -- None Listed On Document
Sarver Paula A $800,000 First American Title
For Whom The Brothers Towles Llc $500,000 Reliance Title & Stlmnt Llc
Roderique William J $385,000 None Available
Aurora Loan Services Llc $614,164 None Available
Coombs Gregory J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roderique William J $360,000
Previous Owner Roderique William J $308,000
Previous Owner Coombs Gregory J $570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $800,000 +3.2% $270 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $775,000 +55.0% $261 / Sq Ft
08/07/2020 08/07/20 Sold $500,000 0.0% $163 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $500,000 -- $163 / 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
2025 $2,236 $545,400 $120,000 $425,400
2024 $2,236 $545,400 $120,000 $425,400
2023 $2,236 $272,700 $0 $0
2022 $2,280 $228,000 $0 $0
2021 $2,280 $456,000 $120,000 $336,000
2020 $2,280 $456,000 $120,000 $336,000
2019 $2,280 $456,000 $120,000 $336,000
2018 $1,968 $378,500 $120,000 $258,500
2017 $1,968 $378,500 $120,000 $258,500
2016 $1,968 $378,500 $120,000 $258,500
2015 $1,968 $378,500 $120,000 $258,500
2014 $2,027 $389,900 $144,000 $245,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 899970

Roanoke Valley Association of REALTORS®

APN: 241B-3-110