NOT LISTED FOR SALE

1005 Long Island Dr Moneta, VA 24121

Estimated Value: $632,352 - $794,000

3 Beds
2 Baths
2,200 Sq Ft
$327/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $400,000 $182 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,079/month

92 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Lake View
  • No HOA
  • Floating Dock
  • Whirlpool Bathtub
  • Cottage

About This Home

As of November 2020

Excellent location for this Great Lake Escape at Smith Mt Lake Enjoy some of the best sunset views in This cozy lake cottage. Main floor features nicely decorated living room , kitchen, breakfast space and dining room. 2 Bdr, 1 bth with walkin Tile Shower. Large deck area with trex decking. Walk out level features large open family room with built in shelving. Additional bedroom used as master with adjoining bathroom and washer dryer area. Large deck area leading to steps to stationary dock and floater. 3 proposed covered dock plans . Great location by land and water to all the lake amenities. Minutes to shopping , Westlake, and Hales Ford Bridge area. Just bring your bags and enjoy lake living.

Last Agent to Sell the Property

Julie Link

RE/MAX LAKEFRONT REALTY INC License #0225066201 Listed on: 06/01/2020

RE/MAX LAKEFRONT REALTY INC

Last Buyer's Agent

David Simon

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225104207

WAINWRIGHT & CO., REALTORS(r)- LAKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,782

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot
  • 60 Feet of Waterfront

Home Design

  • Cottage

Interior Spaces

  • Drapes & Rods
  • Sliding Doors
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Floating Dock
  • Covered Patio or Porch
  • Shed

Schools

  • Dudley Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Heat Pump System
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Long Island Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,782

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Breakfast Area, Whirlpool Bath
  • Heating System: Heat Pump Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Gas
  • Outside Features: Covered Porch, Patio, Paved Driveway, Storage Shed
  • Views: Lake, Sunset
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 1
  • EntryAboveGrdFin Sq Ft: 1100.00
  • ExteriorDoors: Full View, Sliding
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2200
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: shentel
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 60.00
  • LowerBelowGrdFin Sq Ft: 1100.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRLowerLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-09-01
  • Residential Type: Detached
  • Style Of House: Cottage
  • Total Above Grd Fin S Q F T: 1100
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2200.00
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Designated Spaces
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Public Water
  • Water Heater Type: Tank-less

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Paved Road

Schools

  • Elementary School: Dudley
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.28
  • Lot: 9

Green Features

  • Water Features: Main Channel

Building Info

  • Year Built: 1971

Tax Info

  • Taxes (6 mo): 1782.00
  • FILLTAXID: 0130203001A

MLS Schools

  • Elementary School: Dudley
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Nov 9, 2020
Sold by
Morris Susan M and Morris Wayne M
Bought by
Swanson Sara M
Seller's Agent
Julie Link
RE/MAX LAKEFRONT REALTY INC
Buyer's Agent
David Simon
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$409,900
Sold Price
$400,000
Premium/Discount to List
-$9,900
-2.42%
Current Estimated Value
$720,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,338
Avg. Annual Appreciation
12.02%
Original Mortgage
$360,000
Outstanding Balance
$325,424
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$367,438
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
Swanson Sara M $400,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Sara M $360,000
Previous Owner Morris Susan M $119,294
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $400,000 -2.4% $182 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $409,900 -- $186 / 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 $2,224 $517,100 $181,000 $336,100
2023 $1,829 $299,900 $147,500 $152,400
2022 $1,829 $299,900 $147,500 $152,400
2021 $1,799 $299,900 $147,500 $152,400
2020 $1,799 $294,900 $147,500 $147,400
2019 $1,782 $292,100 $147,500 $144,600
2018 $1,782 $292,100 $147,500 $144,600
2017 $1,607 $297,000 $149,000 $148,000
2016 $1,607 $297,000 $149,000 $148,000
2015 $1,604 $297,000 $149,000 $148,000
2014 $1,604 $297,000 $149,000 $148,000
2013 $1,604 $297,000 $149,000 $148,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 869885

Roanoke Valley Association of REALTORS®

APN: 0130203001A