NOT LISTED FOR SALE

1011 Long Island Dr Moneta, VA 24121

Estimated Value: $699,000 - $910,000

3 Beds
2 Baths
1,622 Sq Ft
$496/Sq Ft Est. Value

Last Sold July 16, 2012

Last sale price $233,000 $144 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $4,575/month

46 Days on Market

Highlights

  • 101 Feet of Waterfront
  • No HOA
  • 1 Car Attached Garage
  • Ranch Style House

About This Home

As of July 2012

Property has a great lake view with a covered dock and boat house. Priced well below Franklin Co. tax assessment. Pre-qual with Bank of America required for non-cash offers and proof of funds required for cash offers. Please allow 2-3 days for seller's response.

Last Agent to Sell the Property

Gregg Ayers

PRIME REAL ESTATE SERVICES INC License #0225064347 Listed on: 04/09/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,551

Year Built

  • Built in 1974

Lot Details

  • 0.8 Acre Lot
  • 101 Feet of Waterfront
  • Lot Sloped Down

Parking

  • 1 Car Attached Garage

Home Design

  • 1,622 Sq Ft Home
  • Ranch Style House
  • Slab Foundation

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association
  • Long Island Estates Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 8 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,551

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Cooling System: Heat Pump Electric
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1622.00
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1622
  • LengthOfWaterfront: 101.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2012-05-25
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1622
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1622.00
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Community System

Schools

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

Lot Info

  • Lot Description: Down Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.80
  • Lot: 8

Building Info

  • Year Built: 1974

Tax Info

  • Taxes (6 mo): 1551.00
  • FILLTAXID: 0130203100

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
Apr 9, 2012
Closed on
Sep 12, 2012
Sold by
Horning Jeffrey
Bought by
Horning Jeffrey P and Horning Shannon W
Seller's Agent
Gregg Ayers
PRIME REAL ESTATE SERVICES INC
List Price
$244,900
Sold Price
$233,000
Premium/Discount to List
-$11,900
-4.86%
Current Estimated Value
$804,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,642
Avg. Annual Appreciation
9.89%
Original Mortgage
$240,000
Interest Rate
3.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 9, 2012
Closed on
Jul 5, 2012
Sold by
The Bank Of New York Mellon
Bought by
Horning Jeffrey
Seller's Agent
Gregg Ayers
PRIME REAL ESTATE SERVICES INC
List Price
$244,900
Sold Price
$233,000
Premium/Discount to List
-$11,900
-4.86%

Purchase Details

Closed on
Dec 13, 2004
Sold by
Childress Jerrie Mcdonald
Bought by
Wagner Edward L and Wagner Laurie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Horning Jeffrey P -- None Available
Horning Jeffrey $233,000 None Available
Wagner Edward L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Childress Chad M $629,000
Closed Horning Jeffrey P $150,000
Closed Horning Jeffrey P $50,000
Closed Horning Jeffrey P $240,000
Previous Owner Wagner Edward L $217,000
Previous Owner Alexander Wayne $575,000
Previous Owner Wagner Laurie J $100,000
Previous Owner Wagner Edward L $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2012 07/16/12 Sold $233,000 -4.9% $144 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $244,900 -- $151 / 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 $2,682 $623,700 $181,000 $442,700
2023 $1,979 $324,400 $157,000 $167,400
2022 $1,979 $324,400 $157,000 $167,400
2021 $1,979 $324,400 $157,000 $167,400
2020 $1,979 $324,400 $157,000 $167,400
2019 $1,946 $319,000 $157,000 $162,000
2018 $1,946 $319,000 $157,000 $162,000
2017 $1,755 $323,200 $165,000 $158,200
2016 $1,755 $323,200 $165,000 $158,200
2015 -- $323,200 $165,000 $158,200
2014 -- $323,200 $165,000 $158,200
2013 -- $323,200 $165,000 $158,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Gregg Ayers

    PRIME REAL ESTATE SERVICES INC

    (540) 300-6311

    45 Total Sales

    Gregg Ayers
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 780673

Roanoke Valley Association of REALTORS®

APN: 0130203100

Virginia Franklin County Moneta 24121

1011 Long Island Dr, Moneta, VA

This home is located at 1011 Long Island Dr, Moneta, VA 24121 since 09 April 2012 and is currently estimated at $804,642, approximately $496 per square foot. This property was built in 1974. 1011 Long Island Dr is a home located in Franklin County with nearby schools including Dudley Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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