NOT LISTED FOR SALE

1178 Cutlass Rd Moneta, VA 24121

Estimated Value: $521,000 - $694,000

5 Beds
2 Baths
4,274 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $399,000 $93 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,216/month

75 Days on Market

Highlights

  • Boat Ramp
  • Water Access
  • Deck
  • Floating Dock
  • Cape Cod Architecture
  • Pond

About This Home

As of June 2021

Beautiful Cape Cod located at the Smith Mountain Lake Airport. Over 1 Acre adjoining the Runway ($20K Value) Deeded access to runway and to add your own hanger on your lot if desired! Low-Maintenance exterior with covered-Deck attached. Watch planes coming and going from your rocking chair porch overlooking waterfall. Great floor-plan and lots of extra room/storage in lower-level.

Last Agent to Sell the Property

REG ANDERSON

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225058223 Listed on: 02/26/2021

Last Buyer's Agent

Krista Leighton

KELLER WILLIAMS REALTY LYNCHBURG License #0225226199

KELLER WILLIAMS REALTY LYNCHBURG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 2008

Lot Details

  • 1.12 Acre Lot
  • Gentle Sloping Lot

Home Design

  • Cape Cod Architecture
  • Stone Siding

Interior Spaces

  • Gas Log Fireplace
  • Insulated Doors
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Tuck Under Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Floating Dock
  • Pond
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Satellite Dish

Listing and Financial Details

  • Tax Lot E8

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Ramp
  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,262

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Paved Driveway
  • BedroomsBREntryLevel: 3
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 1600.00
  • ExteriorDoors: Insulated, Metal
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 4274
  • InternetAccessCurntInternetProv: Excede
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1644.00
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2021-05-12
  • Residential Type: Detached
  • Style Of House: Cape Cod
  • SubdivisionMap: Grubbs Mill CR
  • Total Above Grd Fin S Q F T: 2630
  • TotalBdrm: 5
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 4274.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1030.00
  • WaterAccOnlyB: Community Boat Ramp, Community Dock
  • Water Class: Water Access Only
  • WaterDetails: Short Term Rental
  • 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, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Pond, Satellite Dish, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.12
  • Lot: E8

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 2008

Tax Info

  • Taxes (6 mo): 1262.00
  • FILLTAXID: 243A1 2 E8

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Jun 9, 2021
Sold by
Borgess Stephen W and The Borgess Family Revocable L
Bought by
Pounds Gregory S and Pounds Laura J
Seller's Agent
REG ANDERSON
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Krista Leighton
KELLER WILLIAMS REALTY LYNCHBURG
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$580,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,781
Avg. Annual Appreciation
8.97%
Source: Public Records

Range of Values:

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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
Pounds Gregory S $399,000 Attorney
Borgess Stephen W -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $399,000 0.0% $93 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $399,000 -- $93 / 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 $1,753 $427,500 $50,000 $377,500
2024 $1,753 $427,500 $50,000 $377,500
2023 $1,343 $163,750 $0 $0
2022 $1,255 $125,450 $0 $0
2021 $1,255 $250,900 $40,000 $210,900
2020 $1,255 $250,900 $40,000 $210,900
2019 $1,255 $250,900 $40,000 $210,900
2018 $1,262 $242,600 $40,000 $202,600
2017 $1,262 $242,600 $40,000 $202,600
2016 $1,262 $242,600 $40,000 $202,600
2015 $1,262 $242,600 $40,000 $202,600
2014 $1,252 $240,800 $30,000 $210,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 877289

Roanoke Valley Association of REALTORS®

APN: 243A1-2-E8