$1,500,000
SOLD OCT 13, 2022

121 Spinnaker Sail Ct Moneta, VA 24121

5 Beds
4.5 Baths
4,720 Sq Ft
0.73 Acres

Recently Sold

$318 Per Sq Ft

6% Below List Price

6 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Contemporary Architecture
  • Tennis Courts
  • Property is near a clubhouse
  • Living Room with Fireplace

About This Home

As of October 2022

Luxurious classic lakefront home perfectly situated on .73 aces in one of SML most sought after WF communities...Waverly. The home features 5 BR, 4.5 BA, 3 car garage w/an apartment above. Perfect home for entertaining. Wall to Ceilings Windows! Entry/L features living room, w/gas FT, dining area, a beautiful appointed kitchen w/SS appliances, gas cooktop, Eat In Kitchen, screened in porch, master suite, laundry room. Upper/L 2 BRs & BA. Lower/L features family room w/gas FP, Rec Room w/wet bar, BA, & BR. 3 car oversized garage w/apartment-master suite & great room area. New paved Driveway, oversize dock, 2 covered slips, boat house, & sundeck w/amazing mountain views, & 110 ft. of WF. Fire pit, decks, & patio. Amenities include a clubhouse, tennis/pickle ball courts, pool, & gazebo

Last Agent to Sell the Property

Charlene Jones

Re/Max Lakefront Realty License #0225062022 Listed on: 08/30/2022

Re/Max Lakefront Realty

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 0.73 Acre Lot
  • Lake Front

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 4,720 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Screened Porch
  • Water Views

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement

Parking

  • Garage
  • Garage Door Opener

Utilities

  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Tennis Courts
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 0481010000

Community Details

Overview

  • Waverly Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • FILLACRES: 0.7300
  • AssocFeeOptional: Required
  • Directions: Directions: HFB, R-122, L on Scruggs Road, R on Island Pointe Ln (Waverly), L on Waverly Lane, L on Spinnaker Sail Ct, Home is on L.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 31799.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 0481010000
  • Year Built: 2000
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Contemporary
  • Foyer Area: 30.000000
  • Laundryroom Dim: 8.000 x 8.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 12.000 x 12.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 12.000 x 14.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 5.00
  • Bathrooms Display: 5 (4 1)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • Legal Description: Lot 17 Sec 4 Waverly Tax ID #0481010000
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 12x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 144.000000
  • Fourth Bedroom: 10x10 Level: Below Grade
  • Fourth Bedroom Area: 100.000000
  • Fifth Bedroom: 12x12 Level: Level 3 Above Grade
  • Fifth Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 3210.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Gas, Refrigerator, Wall Oven, Washer
  • Has Attic: None
  • Has Basement: Exterior Entrance, Fireplace, Full, Walkout
  • Flooring: Carpet, Tile, Wood
  • Year Built Exception: 0
  • Family Room: 12x12 Level: Below Grade
  • Fireplace: 2 Fireplaces, Living Room, Other
  • Foyer: 5x6 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Level 3 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Apartment, Cable Available, Ceiling Fan(s), Main Level Bedroom, Master Bed w/ Bath, Walk-In Closet(s), Wet Bar
  • Dining Kitchen: 12x14 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Laundry Room: 8x8 Level: Level 1 Above Grade
  • Living Room: 12x12 Level: Level 1 Above Grade
  • Master Bedroom: 12x14 Level: Level 1 Above Grade
  • Rec Room: 10x10 Level: Level 3 Above Grade
  • FamilyRoom Area: 144.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 168.000000
  • Laundry Room Area: 64.000000
  • LivingRoom Area: 144.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Area: 100.000000
  • Rec Room Dim: 10.000 x 10.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 17
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Water View, Pool Nearby, Paved Drive, Screened Porch, Tennis Courts, Tennis Courts Nearby, Lake Front, Lake Nearby, Club House Nearby

Garage/Parking

  • Garage Spaces: Garage Door Opener
  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Gas, Tankless

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 500.00
  • Subdivision Complex: Waverly

Schools

  • School District: Other
  • School District: Other

Lot Info

  • Lot Sq Ft: 4720.00

Tax Info

  • Estimated Taxes: 52795

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Oct 13, 2022
Sold by
Bryant Chanses R
Bought by
Stark Stephen William and Muhari-Stark Edit
Seller's Agent
Charlene Jones
Re/Max Lakefront Realty
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$1,599,950
Sold Price
$1,500,000
Premium/Discount to List
-$99,950
-6.25%
Current Estimated Value
$1,813,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,326
Avg. Annual Appreciation
4.26%

Purchase Details

Listed on
Aug 27, 2019
Closed on
Dec 8, 2019
Sold by
Nadler Alex J and Nadler Velinda A
Bought by
Bryant Chanses R
Buyer's Agent
Charlene Jones
RE/MAX LAKEFRONT REALTY INC
List Price
$995,000
Sold Price
$935,000
Premium/Discount to List
-$60,000
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.75%
Original Mortgage
$654,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Moneta, VA

  • 350 Tracy Dr, Moneta, VA 24121

    $1,194,000

    • 6 Beds
    • 2.5 Baths
    • 3,739 Sq Ft
    • 350 Tracy Dr
    • Moneta, VA

    Welcome to Lakeside Living at its finest on Smith Mountain Lake! Nestled on a beautifully flat, pancake-level lot, this property offers over 200 feet of PRISTINE shoreline and DEEP WATER, making it ideal for swimming, boating, and soaking up the sun. A brand-new, oversized 2-slip dock has just been COMPLETED just in time for summer enjoyment!!! Located on a wide open section of the main channel,

    Tricia Johnson PROPERTY NAVIGATORS LLC

    Section Image
  • 40 Spinnaker Run Ct, Moneta, VA 24121

    $1,799,900

    • 4 Beds
    • 3.5 Baths
    • 4,079 Sq Ft
    • 40 Spinnaker Run Ct
    • Moneta, VA

    This maintenance free Dryvit home with a natural sandy beach is located on a cul-de sac on a half acre lot in the Spinnaker Run community off Scruggs Rd. The property has an uncompromised long water, full mountain view. The back of the house faces the wide water with 2 levels of decks/porches (over 1500 ft2) covering the width of the home with wonderful open and covered seating areas. Top deck

    Eric Fansler BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Section Image
  • 620 Winding Waters Dr, Moneta, VA 24121

    $1,425,000

    • 3 Beds
    • 4 Baths
    • 4,500 Sq Ft
    • 620 Winding Waters Dr
    • Moneta, VA

    LOCATION! LOCATION! LOCATION! AND GREAT OPEN WATER VIEWS!- This 4,500 FSF, SML waterfront home with its 197 feet of waterfrontage and two large covered boat slips and two large floating docks is ideally located just inside the Winding Waters ''No Wake Buoys'' off of the lake's main channel between Halesford Bridge and the Virginia State Park. The property offers very convenient, centrally-located

    Norman Mattson RE/MAX LAKEFRONT REALTY INC

    Section Image
  • 104 Lookout Pointe Dr, Moneta, VA 24121

    $1,399,900

    • 4 Beds
    • 4 Baths
    • 4,101 Sq Ft
    • 104 Lookout Pointe Dr
    • Moneta, VA

    Exceptional Opportunity - Approved Short-Term Rental in Franklin County!Welcome to this stunning custom-built waterfront home--a rare gem officially approved for short-term rentals, making it an incredible investment or luxury retreat! Ideally located just minutes from Westlake for dining, shopping, and medical services, and mere seconds from the popular ''S'' curve channel with a short boat ride

    Tricia Johnson PROPERTY NAVIGATORS LLC

    Section Image
  • 202 Lake Pine Dr, Moneta, VA 24121

    $1,595,000

    • 3 Beds
    • 3.5 Baths
    • 3,772 Sq Ft
    • 202 Lake Pine Dr
    • Moneta, VA

    WOW is the best word to describe this level WF Lot with sunset views! This spectacular Waterfront home recently was fully renovated with new windows, doors, siding, heat pumps, electrical and plumbing as well as all new appliances, kitchen and bath cabinetry light fixtures and flooring. All composite decking on all decks. This home features three covered decks with metal ceilings. Full concrete

    Pat Bailey CB SALES AND RENTALS INC

    Section Image
  • 138 Binnacle Dr, Moneta, VA 24121

    $1,185,000

    • 4 Beds
    • 5 Baths
    • 6,556 Sq Ft
    • 138 Binnacle Dr
    • Moneta, VA

    Luxury, space, and location--this one has it all! Tucked at the end of a cul-de-sac with no HOA, this 6,556 sqft gem features 4 bedrooms, 3.2 baths, 4 fireplaces, and incredible indoor-outdoor living. Enjoy a 3-car garage + 2-car carport, covered Trex deck, patio with fireplace, and hot tub! The fully finished basement is perfect for guests or multi-gen living with its own kitchen, laundry, and

    Marlee Russell NEST REALTY ROANOKE

    Section Image
  • 428 Anchor Dr, Moneta, VA 24121

    $1,565,000

    • 5 Beds
    • 4.5 Baths
    • 3,786 Sq Ft
    • 428 Anchor Dr
    • Moneta, VA

    Wow, wow, WOW -- opportunities like this are so rare!Welcome to your dream getaway in Franklin County, NO HOMEOWNERS ASSOCIATION, perfectly positioned with DIRECT SUNRISE and on the 6th hole of the prestigious Waterfront Golf Course. This short-term rentable, fully furnished contemporary charmer is ideal for multi-family ownership, full-time living, or a high-performing rental investment.

    Jada Turner BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Section Image
  • 1359 Nicholas Ln, Moneta, VA 24121

    $1,739,900

    • 6 Beds
    • 5.5 Baths
    • 5,303 Sq Ft
    • 1359 Nicholas Ln
    • Moneta, VA

    Incredible opportunity for investors and/or SML enthusiasts. Built for lake life and large groups given the rare 8 bedroom septic. This waterfront home has breathtaking views and a peaceful setting, perfect for personal use or rental income. The open-concept main level features floor-to-ceiling windows, a cozy fireplace, and a spacious kitchen/dining area. Main-level primary suite with en suite

    Kem Cobb ELITE REALTY

    Section Image
  • 106 Catlett Ct, Moneta, VA 24121

    $1,599,000

    • 4 Beds
    • 2 Baths
    • 3,061 Sq Ft
    • 106 Catlett Ct
    • Moneta, VA

    Beautiful waterfront home on Smith Mountain Lake in Moneta, VA, tucked in a quiet cul-de-sac in Bedford County. This 4-bedroom, 2-bath home offers flexibility with space for a potential 5th bedroom. Enjoy breathtaking lake views from both levels, with large windows and sliders framing some of the most gorgeous and colorful sunsets you've ever seen. Main level features 3 bedrooms, a full bath, gas

    Adam Stinespring Keller Williams

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $1,500,000 Old Republic National Title
Deed $935,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $654,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $1,500,000 -6.2% $318 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $1,599,950 +71.1% $339 / Sq Ft
01/13/2020 01/13/20 Sold $935,000 -6.0% $234 / Sq Ft
12/01/2019 12/01/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $995,000 -- $249 / Sq Ft
Source: Lynchburg 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 $6,246 $1,452,600 $300,000 $1,152,600
2023 $5,280 $865,500 $295,000 $570,500
2022 $5,280 $865,500 $295,000 $570,500
2021 $5,280 $865,500 $295,000 $570,500
2020 $5,280 $865,500 $295,000 $570,500
2019 $5,200 $852,400 $295,000 $557,400
2018 $5,200 $852,400 $295,000 $557,400
2017 $4,688 $862,400 $295,000 $567,400
2016 $4,688 $862,400 $295,000 $567,400
2015 -- $862,400 $295,000 $567,400
2014 -- $860,100 $295,000 $565,100
2013 -- $860,100 $295,000 $565,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 340243

APN: 0481010000