NOT LISTED FOR SALE

1104 Indian Ridge Dr Moneta, VA 24121

Estimated Value: $1,650,239 - $1,896,000

6 Beds
7 Baths
9,210 Sq Ft
$195/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $815,000 $88 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $10,252/month

150 Days on Market

Highlights

  • 142 Feet of Waterfront
  • Lake View
  • Contemporary Architecture
  • 1 Dock Slip
  • Deck
  • Family Room with Fireplace

About This Home

As of November 2018

Stunning Post and Beam Lakefront Chalet with Beautiful Wide Water Views Double-Boat Dock w/Party Deck,142ft of Shoreline. 2 Attached Fully Equipped Apartments,each w/bedroom,kitchens&baths.Perfect for Family and Friends and Entertaining Guests or Great Rental Investment Opportunity.Beautiful updated Kitchen w/new appliances,Newly renovated master bath Great Lake Location in lakefront subdivision w/Pavilion,Pool & Tennis. Seller is licensed Real Estate Agent.

Last Agent to Sell the Property

Glenda McDaniel

LONG & FOSTER - SMITH MTN LAKE License #0225154920 Listed on: 05/01/2018

LONG & FOSTER - SMITH MTN LAKE

Co-Listed By

Steven McDaniel

LONG & FOSTER - SMITH MTN LAKE License #0225102154

Last Buyer's Agent

Glenda McDaniel

LONG & FOSTER - SMITH MTN LAKE License #0225154920 Listed on: 05/01/2018

LONG & FOSTER - SMITH MTN LAKE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $4,612

Year Built

  • Built in 1983

Lot Details

  • 0.7 Acre Lot
  • 142 Feet of Waterfront
  • Gentle Sloping Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Cathedral Ceiling
  • Insulated Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Parking Spaces
  • Attached Carport

Outdoor Features

  • Personal Watercraft Lift
  • Party Deck
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 116

Community Details

Overview

  • Village East Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,612

Year Built

Built in 1983

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Interior Features: Cathedral Ceiling, Walk-in-Closet
  • Heating System: Heat Pump Electric, Zoned Heat
  • Fireplace(s): Family Room, Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch, Deck
  • Views: Lake, Sunset
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 2
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 2955.00
  • ExteriorDoors: Insulated
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 2
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 9210
  • HalfBathsHalfBathsEntryLvl: 1
  • HalfBathsHalfBathsUpperLvl: 1
  • Internet Access: Other, See Remarks
  • InternetAccessCurntInternetProv: Satellite
  • LaundryLaundryUpperLevel: 1
  • LengthOfWaterfront: 142.00
  • LowerBelowGrdFin Sq Ft: 2955.00
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • OtherAboveGrdFin Sq Ft: 2500.00
  • POACondoDues: 500.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Carport Attached
  • RatifiedContractDt: 2018-09-28
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: Village East
  • Total Above Grd Fin S Q F T: 6255
  • TotalBdrm: 6
  • TotalBths: 5.20
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 5
  • Total Finished Sq Ft: 9210.00
  • TotalHBaths: 2
  • UpperAboveGrdFin Sq Ft: 800.00
  • Water Class: Waterfront Property
  • WaterDetails: Short Term Rental
  • WaterDetailsChannelMarker: R26
  • WaterDetailsNumberCoveredSlips: 1
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic - 4BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: In-Law Quarters, Satellite Dish

Schools

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

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.70
  • Lot: 116
  • ZoningCode: R1

Building Info

  • Year Built: 1983

Tax Info

  • Taxes (6 mo): 4612.00
  • FILLTAXID: 241B 3 116

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Nov 29, 2018
Sold by
Labrie Ricky L and Labrie Sondra G
Bought by
Irvine John Dale
Seller's Agent
Glenda McDaniel
LONG & FOSTER - SMITH MTN LAKE
Buyer's Agent
Glenda McDaniel
LONG & FOSTER - SMITH MTN LAKE
List Price
$899,500
Sold Price
$815,000
Premium/Discount to List
-$84,500
-9.39%
Current Estimated Value
$1,796,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$981,080
Avg. Annual Appreciation
12.46%
Original Mortgage
$300,000
Outstanding Balance
$264,821
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,554,340

Purchase Details

Listed on
May 1, 2018
Closed on
Oct 30, 2018
Sold by
Nester Michael D and Nester Marianne C
Bought by
Bowser Carl E and Bowser Maryellen F
Seller's Agent
Glenda McDaniel
LONG & FOSTER - SMITH MTN LAKE
Buyer's Agent
Glenda McDaniel
LONG & FOSTER - SMITH MTN LAKE
List Price
$899,500
Sold Price
$815,000
Premium/Discount to List
-$84,500
-9.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$264,821
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,554,340

Purchase Details

Listed on
May 2, 2014
Closed on
Apr 25, 2014
Sold by
Bowser Sallee L and Bowser Sallie L
Bought by
Nester Michael D and Nester Marianne C
Seller's Agent
Mike Pagans
MKB, REALTORS(r) - AT THE LAKE
Buyer's Agent
Benjamin Ferguson
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$797,000
Sold Price
$797,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.50%
Original Mortgage
$607,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage
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
Irvine John Dale $190,000 Sage Title Group Llc
Bowser Carl E $815,000 Attorney
Nester Michael D $797,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irvine John Dale $300,000
Previous Owner Nester Michael D $607,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $815,000 -9.4% $88 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $899,500 +12.9% $98 / Sq Ft
05/02/2014 05/02/14 Sold $797,000 0.0% $87 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $797,000 -- $87 / 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 $5,309 $1,294,900 $450,000 $844,900
2024 $5,309 $1,294,900 $450,000 $844,900
2023 $5,309 $647,450 $0 $0
2022 $4,036 $403,600 $0 $0
2021 $4,036 $807,200 $300,000 $507,200
2020 $4,036 $807,200 $300,000 $507,200
2019 $4,036 $807,200 $300,000 $507,200
2018 $4,796 $922,300 $300,000 $622,300
2017 $4,796 $922,300 $300,000 $622,300
2016 $4,796 $922,300 $300,000 $622,300
2015 $4,796 $922,300 $300,000 $622,300
2014 $5,245 $1,008,600 $315,000 $693,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 847845

Roanoke Valley Association of REALTORS®

APN: 241B-3-116