NOT LISTED FOR SALE

1089 Bluewater Dr Unit 509 Moneta, VA 24121

Estimated Value: $188,084 - $214,000

1 Bed
1 Bath
546 Sq Ft
$300/mo HOA Fee

Last Sold September 25, 2020

Last sale price $94,000 $172 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,460/month

170 Days on Market

Highlights

  • Boat Dock
  • Lake View
  • Deck
  • In Ground Pool
  • Waterfront
  • Furnished

About This Home

As of September 2020

Great opportunity to own lake front furnished condo at Smith Mountain Lake!! On-site amenities include Olympic-sizeswimming pool, tennis, picnic cabana, boat ramp/trailer storage and laundry facilities.

Co-Listed By

CAROLYN G PRUETT

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225135715

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

CAROLYN G PRUETT

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225135715

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $550

Year Built

  • Built in 1985

Lot Details

  • Waterfront
  • Cleared Lot

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 546 Sq Ft Home
  • Furnished
  • Storage
  • Lake Views

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Docks
  • Deck
  • Covered patio or porch
  • Outdoor Grill

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 509

Community Details

Overview

  • Stripers Landing Subdivision

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$550

Year Built

Built in 1985

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Interior Features: Storage
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Range Electric, Range Hood, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, In-Ground Pool, Outdoor Barbeque, Tennis Court
  • Views: Lake
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 546.00
  • ExteriorDoors: Wood
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 546
  • Internet Access: Cable
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • POACondoDues: 300.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-08-12
  • Residential Type: Attached
  • SubdivisionMap: Stripers Landing
  • Total Above Grd Fin S Q F T: 546
  • TotalBdrm: 1
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 546.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • WaterAccOnlyAAccessOnOffSite: On Site
  • WaterAccOnlyB: Community Dock
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Community System
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Furnished, Paved Road

Schools

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

Lot Info

  • Lot Description: Cleared
  • Property Group Id: 19990816212109142258000000
  • Lot: 509
  • ZoningCode: RPD

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 550.00
  • FILLTAXID: 0470917800

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
Feb 24, 2020
Closed on
Sep 16, 2020
Sold by
Rhoads Gregory P and Rhoads Arleen
Bought by
Cash Jeffery and Cash Amanda
Buyer's Agent
CAROLYN G PRUETT
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$99,000
Sold Price
$94,000
Premium/Discount to List
-$5,000
-5.05%
Current Estimated Value
$198,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,521
Avg. Annual Appreciation
14.99%
Original Mortgage
$81,000
Outstanding Balance
$72,693
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$112,664

Purchase Details

Closed on
May 15, 2007
Sold by
Pratt Michael D and Pratt Glenda C
Bought by
Rhoads Gregory P and Rhoads Arleen
Source: Public Records

Range of Values:

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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
Cash Jeffery $90,000 Anchor Title Sml Llc
Rhoads Gregory P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cash Jeffery $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $94,000 -5.1% $172 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $99,000 -- $181 / 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 $765 $177,800 $35,000 $142,800
2023 $538 $88,200 $20,000 $68,200
2022 $538 $88,200 $20,000 $68,200
2021 $538 $88,200 $20,000 $68,200
2020 $538 $88,200 $20,000 $68,200
2019 $537 $88,000 $20,000 $68,000
2018 $537 $88,000 $20,000 $68,000
2017 $484 $95,400 $25,000 $70,400
2016 $484 $95,400 $25,000 $70,400
2015 -- $95,400 $25,000 $70,400
2014 -- $95,400 $25,000 $70,400
2013 -- $95,400 $25,000 $70,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 867160

Roanoke Valley Association of REALTORS®

APN: 0470917800