NOT LISTED FOR SALE

1038 Capital Hill Rd Moneta, VA 24121

Estimated Value: $333,000 - $531,000

3 Beds
2 Baths
1,752 Sq Ft
$227/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $340,000 $194 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,257/month

107 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Level Lot
  • Detached Garage

About This Home

As of March 2024

Updated one level home that also features a detached 2 car garage w/ studio apartment above. Would make for a nice private residence; plus the property is located in a PLANNED COMMERCIAL DEVELOPMENT, allowing numerous commercial possibilities. Very convenient location between the SML State Park & Downtown Moneta/122. Also, very close to the Smith Mountain Airport as well as Mariners Landing. Home & apartment have been extensively updated over the past 5-8 years approximately. Property has approximately 263' of frontage on state maintained, White House Road & approximately 600' of private road frontage.

Last Agent to Sell the Property

Wil Childress

LAKE RETREAT PROPERTIES INC. License #0225189859 Listed on: 11/02/2023

Last Buyer's Agent

Courtney Greco

EXP REALTY LLC - FOREST License #0225264952

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1987

Lot Details

  • 2.74 Acre Lot
  • Level Lot

Parking

  • Detached Garage

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot New Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,206

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1352.00
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1752
  • LaundryLaundryEntryLevel: 1
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBREntryLvl: 1
  • OtherAboveGrdFin Sq Ft: 400.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2024-02-17
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 1752
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1752.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

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

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.74
  • Lot: New Lot 3

Building Info

  • Year Built: 1987

Tax Info

  • Taxes (6 mo): 1206.00
  • FILLTAXID: 243-6-3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Hunters Trail Farm Llc and Fairtrace Henry T
Bought by
Mills Group Llc
Current Estimated Value
$397,742

Purchase Details

Listed on
Nov 2, 2023
Closed on
Mar 5, 2024
Sold by
Fairtrace Henry T
Bought by
Mills Group Llc
Seller's Agent
Wil Childress
LAKE RETREAT PROPERTIES INC.
Buyer's Agent
Courtney Greco
EXP REALTY LLC - FOREST
List Price
$409,000
Sold Price
$340,000
Premium/Discount to List
-$69,000
-16.87%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$272,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 24, 2019
Closed on
Jun 3, 2019
Sold by
Schmidt Douglas R and Schmidt Sharleen P
Bought by
Fairtrace Henry T and Fairtrace Shirley P
Seller's Agent
Mary Lou McDonald
ML REALTY BROKERED BY MAGNOLIA MOUNTAIN REALTY LLC
Buyer's Agent
Mary Lou McDonald
ML REALTY BROKERED BY MAGNOLIA MOUNTAIN REALTY LLC
List Price
$185,000
Sold Price
$157,500
Premium/Discount to List
-$27,500
-14.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.59%

Purchase Details

Listed on
Dec 7, 2012
Closed on
Jun 11, 2013
Sold by
Presence Crystal and The Peggy Catherine Andresen L
Bought by
Schmidt Douglas R and Schmidt Sharleen P
Seller's Agent
Jeanette Childress
LAKE RETREAT PROPERTIES INC.
Buyer's Agent
Wil Childress
LAKE RETREAT PROPERTIES INC.
List Price
$225,000
Sold Price
$140,000
Premium/Discount to List
-$85,000
-37.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%

Purchase Details

Closed on
Nov 5, 2012
Sold by
Andresen Peggy Catherine
Bought by
Andresen Peggy Catherine and Andresen Peggy Catherine
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
Mills Group Llc -- None Listed On Document
Mills Group Llc $340,000 Anchor Title
Fairtrace Henry T $157,500 Century Title Services Inc
Schmidt Douglas R $140,000 Fidelity Natl Title Ins Co
Andresen Peggy Catherine -- Integrity Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mills Group Llc $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $340,000 -9.3% $194 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/05/2024 02/05/24 Price Changed $375,000 -8.3% $214 / Sq Ft
11/02/2023 11/02/23 For Sale $409,000 +159.7% $233 / Sq Ft
06/10/2019 06/10/19 Sold $157,500 -14.9% $95 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $185,000 +32.1% $112 / Sq Ft
06/19/2013 06/19/13 Sold $140,000 -37.8% $117 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
12/07/2012 12/07/12 For Sale $225,000 -- $188 / 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 $1,077 $262,700 $60,400 $202,300
2024 $1,068 $260,500 $58,200 $202,300
2023 $1,068 $130,250 $0 $0
2022 $1,024 $102,350 $0 $0
2021 $1,024 $204,700 $41,900 $162,800
2020 $537 $107,400 $41,900 $65,500
2019 $537 $107,400 $41,900 $65,500
2018 $613 $117,900 $41,900 $76,000
2017 $613 $117,900 $41,900 $76,000
2016 $613 $117,900 $41,900 $76,000
2015 $613 $117,900 $41,900 $76,000
2014 $522 $100,400 $41,900 $58,500
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2024

    Wil Childress

    LAKE RETREAT PROPERTIES INC.

    (540) 312-7002

    174 Total Sales

    Wil Childress
    Section Image

  • C

    Buyer's Agent in 2024

    Courtney Greco

    EXP REALTY LLC - FOREST

    (919) 389-4951

    21 Total Sales

    Courtney Greco
    Section Image
  • Mary Lou McDonald

    Seller's Agent in 2019

    Mary Lou McDonald

    ML REALTY BROKERED BY MAGNOLIA MOUNTAIN REALTY LLC

    (540) 537-3073

    158 Total Sales

    Mary Lou McDonald
    Section Image

  • J

    Seller's Agent in 2013

    Jeanette Childress

    LAKE RETREAT PROPERTIES INC.

See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 902917

Roanoke Valley Association of REALTORS®

APN: 243-6-3

Virginia Bedford County Moneta 24104

1038 Capital Hill Rd, Moneta, VA

This home is located at 1038 Capital Hill Rd, Moneta, VA 24121 since 02 November 2023 and is currently estimated at $397,742, approximately $227 per square foot. This property was built in 1987. 1038 Capital Hill Rd is a home located in Bedford County with nearby schools including Moneta Elementary School, Staunton River Middle School, and Staunton River 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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