NOT LISTED FOR SALE

124 Lookout Pointe Dr Moneta, VA 24121

Estimated Value: $872,000 - $1,343,000

3 Beds
3.5 Baths
3,500 Sq Ft
$342/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $705,000 $201 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,875/month

100 Days on Market

Highlights

  • 125 Feet of Waterfront
  • 1 Dock Slip
  • Lake View
  • Community Beach Access
  • Golf Course Community
  • Deck

About This Home

As of September 2019

Perfectly positioned, this property offers STUNNING WIDE WATER VIEW from almost every room! There is nothing else quite like this currently on the market. Wake up every morning to the sun rising over the water with mountain views to your right and left, of Peaks of Otter and Smith Mountain. You'll appreciate that the major maintenance items have already been done for you here, with NEW HVAC installed in 2017, NEW ROOF in 2012, New composite decking and railings in 2019 and all new exterior paint just completed! Located in a quiet neighborhood, private culdesac, close to all of Westlake conveniences with a front row seat to all the annual lake events; July 4th fireworks, fishing tournaments, Pirate weekend, etc. Great bass and striper fishing in deep water off the single slip dock.

Last Agent to Sell the Property

Jada Turner

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225194874 Listed on: 05/07/2019

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Jada Turner

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225194874 Listed on: 05/07/2019

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,822

Year Built

  • Built in 1993

Lot Details

  • 0.51 Acre Lot
  • 125 Feet of Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • Ceiling Fan
  • Fireplace Features Masonry
  • Insulated Doors
  • Living Room with Fireplace
  • Storage
  • Laundry on main level
  • Lake Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Basement

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

Outdoor Features

  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Deck

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 9

Community Details

Overview

  • No Home Owners Association
  • Lookout Pointe Subdivision

Recreation

  • Community Beach Access
  • Golf Course Community

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,822

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Masonry Fireplace, Storage
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck
  • Views: Lake
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 2
  • EntryAboveGrdFin Sq Ft: 1862.00
  • ExteriorDoors: Insulated
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 2
  • Grand Total Attached S Q F T: 3500
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 125.00
  • LowerBelowGrdFin Sq Ft: 1638.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2019-08-15
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: Lookout Pointe
  • Total Above Grd Fin S Q F T: 1862
  • TotalBdrm: 3
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3500.00
  • TotalHBaths: 1
  • Water Class: Waterfront Property
  • 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

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Paved Road

Schools

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

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.51
  • Lot: 9
  • ZoningCode: A-1

Green Features

  • Water Features: Main Channel

Building Info

  • Year Built: 1993

Tax Info

  • Taxes (6 mo): 3821.65
  • FILLTAXID: 0320400900

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2020
Sold by
Martin Dean A and Martin Mitzi M
Bought by
Martin Dean Allen and Martin Mitzi Mcneil
Current Estimated Value
$1,197,950

Purchase Details

Listed on
May 7, 2019
Closed on
Sep 5, 2019
Sold by
Heider John R and Heider Pamela A
Bought by
Martin Dean A and Martin Mitzi M
Seller's Agent
Jada Turner
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Jada Turner
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$729,000
Sold Price
$705,000
Premium/Discount to List
-$24,000
-3.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$564,000
Outstanding Balance
$497,159
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$811,988

Purchase Details

Closed on
Sep 1, 2010
Sold by
National Residential Asset Corp
Bought by
Heider John R and Heider Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2006
Sold by
Reid Charles M
Bought by
Lowe Rodger D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Martin Dean Allen -- None Available
Martin Dean A $705,000 Acquisition Ttl & Setmnt Agc
Heider John R $564,136 --
Lowe Rodger D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Dean A $384,400
Open Martin Dean A $564,000
Previous Owner Heider John R $417,000
Previous Owner Lowe Rodger D $648,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $705,000 -3.3% $201 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $729,000 -- $208 / 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 $4,337 $1,008,600 $280,000 $728,600
2023 $4,404 $721,900 $275,000 $446,900
2022 $4,404 $721,900 $275,000 $446,900
2021 $4,404 $721,900 $275,000 $446,900
2020 $4,404 $721,900 $275,000 $446,900
2019 $3,822 $626,500 $275,000 $351,500
2018 $3,822 $626,500 $275,000 $351,500
2017 $3,446 $633,100 $275,000 $358,100
2016 $3,446 $633,100 $275,000 $358,100
2015 $3,419 $633,100 $275,000 $358,100
2014 $3,419 $633,100 $275,000 $358,100
2013 $3,419 $633,100 $275,000 $358,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 858936

Roanoke Valley Association of REALTORS®

APN: 0320400900