NOT LISTED FOR SALE

1222 Cutlass Rd Moneta, VA 24121

Estimated Value: $250,000 - $333,000

2 Beds
2 Baths
1,075 Sq Ft
$259/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $163,000 $152 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,520/month

722 Days on Market

Highlights

  • Community Beach Access
  • Water Access
  • No HOA
  • Boat Dock
  • Deck
  • Log Cabin

About This Home

As of September 2019

MOTIVATED Seller has receipts over $100,000 that he has put into the property. Park your plane yards from your patio. This private and peaceful A-Frame is located right on the runway of the SML Airport. Fly in and stay over night, have your boat in a leased slip at Mariners Landing or Port Side. 2 bedroom 2 full bathrooms move in ready. Community boat ramp and several acres of community woods with trails. 200 amp Electric. Permanent deeded parking tie down/ use of runway. Upgraded septic. New items: roof, a/c system, kitchen, circular driveway, insulated drywall. Refinished oak floors, fully furnished, flat screen TVs, E-ZGO golf cart with custom trailer/garage.

Last Agent to Sell the Property

Berkley Furgurson

ML REALTY License #0225191915 Listed on: 08/22/2017

Co-Listed By

Mary Lou McDonald

ML REALTY BROKERED BY MAGNOLIA MOUNTAIN REALTY LLC License #0225059567

Last Buyer's Agent

Berkley Furgurson

ML REALTY License #0225191915 Listed on: 08/22/2017

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $500

Year Built

  • Built in 1970

Lot Details

  • 0.66 Acre Lot
  • Gentle Sloping Lot

Home Design

  • Log Cabin

Interior Spaces

  • 1,075 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Shared Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot E2

Community Details

Overview

  • No Home Owners Association
  • Pirates Cove Subdivision

Amenities

  • Restaurant

Recreation

  • Boat Dock
  • Community Beach Access

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$500

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher
  • Cooling System: Heat Pump Electric
  • Outside Features: Balcony, Deck
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 717.00
  • ExteriorDoors: Full View, Sliding
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 1075
  • Internet Access: Undetermined
  • Major Area: 06 - Bedford County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2019-08-14
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1075
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1075.00
  • UpperAboveGrdFin Sq Ft: 358.00
  • WaterAccOnlyAAccessOnOffSite: On Site
  • WaterAccOnlyB: Community Dock, Other - See Remarks
  • 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: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic - 2BR
  • Water Description: Shared Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: 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: 0.66
  • Lot: E2

Building Info

  • Year Built: 1970

Tax Info

  • Taxes (6 mo): 500.00
  • FILLTAXID: 243A1 2 E2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Updike Ralph J and Updike Jacqueline Kay
Bought by
Gruff John
Current Estimated Value
$278,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$187,480
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$90,781

Purchase Details

Listed on
Aug 22, 2017
Closed on
Sep 10, 2019
Sold by
West Michael and West Susan
Bought by
Updike Ralph J and Updike Jacqeline Kay
Seller's Agent
Berkley Furgurson
ML REALTY
Buyer's Agent
Berkley Furgurson
ML REALTY
List Price
$169,000
Sold Price
$163,000
Premium/Discount to List
-$6,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$130,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
Guthrie Edward J
Bought by
West Michael and West Susan
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
Gruff John $240,000 Investors Title
Updike Ralph J $163,000 Century Title Services Inc
West Michael $79,500 Century Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gruff John $190,000
Previous Owner Updike Ralph J $130,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $163,000 -3.6% $152 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/22/2017 08/22/17 For Sale $169,000 -- $157 / 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 $589 $143,700 $50,000 $93,700
2024 $589 $143,700 $50,000 $93,700
2023 $589 $71,850 $0 $0
2022 $600 $60,000 $0 $0
2021 $600 $120,000 $35,000 $85,000
2020 $600 $120,000 $35,000 $85,000
2019 $600 $120,000 $35,000 $85,000
2018 $628 $120,700 $35,000 $85,700
2017 $628 $120,700 $35,000 $85,700
2016 $628 $120,700 $35,000 $85,700
2015 $628 $120,700 $35,000 $85,700
2014 $539 $103,700 $25,000 $78,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 840663

Roanoke Valley Association of REALTORS®

APN: 243A1-2-E2