NOT LISTED FOR SALE

127 Tranquility Rd Moneta, VA 24121

Estimated Value: $2,424,000 - $3,072,000

4 Beds
3.5 Baths
5,409 Sq Ft
$490/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $2,050,000 $379 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $14,765/month

17 Days on Market

Highlights

  • 318 Feet of Waterfront
  • Lake View
  • Deck
  • Floating Dock
  • 2.58 Acre Lot
  • Contemporary Architecture

About This Home

As of October 2021

Exquisite Custom Built Lake Home offers privacy w/2.58 Acres, 318' of Waterfront and a magnificent view of Smith Mountain! This lovely home offers main level living, approx. 5400 Sq. Ft finished, 4 Bedrooms, 3 1/2 Baths. Many upgrades including granite counter tops, irrigation system, alarm system, crown molding, 2 new heat pumps . Formal Dining Room, Breakfast Area, Great Room w/ Deep custom crown molding, wetbar & fireplace. Spacious Master Suite, Office, Family Room w/fireplace, Game Room, 2 Car Garage & Single Car Garage w/huge workshop area. Beautiful entrance into the property with a circular paved driveway w/ custom stone patio in the middle w/outdoor fireplace & water feature that is perfect for entertaining. Gentle sloping point lot to dock w/easy walk to the boathouse.

Last Agent to Sell the Property

Phyllis Johnson

RE/MAX LAKEFRONT REALTY INC License #0225113616 Listed on: 08/01/2021

RE/MAX LAKEFRONT REALTY INC

Co-Listed By

Penny Hodges

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225126556

Last Buyer's Agent

David Simon

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225104207

WAINWRIGHT & CO., REALTORS(r)- LAKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,095

Year Built

  • Built in 2007

Lot Details

  • 2.58 Acre Lot
  • 318 Feet of Waterfront
  • Gentle Sloping Lot
  • Property is zoned A1

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Hardboard

Interior Spaces

  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Storage
  • Alarm System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 3 Car Attached Garage
  • Tuck Under Garage

Outdoor Features

  • Personal Watercraft Lift
  • Boat Hoist or Davit
  • Floating Dock
  • Covered Dock
  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association
  • Bernard Farm Subdivision

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,095

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Interior Features: Alarm, Book Shelves, Breakfast Area, Cathedral Ceiling, Ceiling Fan, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room, Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Gas, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Patio, Paved Driveway
  • Views: Lake, Mountain
  • AddlCoveredPrkng: Garage Under
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 1
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 2244.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 5749
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 318.00
  • LowerBelowGrdFin Sq Ft: 1805.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberAddCovSpaces: 1.00
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2021-08-18
  • Residential Type: Detached
  • Style Of House: Contemporary
  • Total Above Grd Fin S Q F T: 3604
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 5409.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 340.00
  • Unfinished Attached S Q F T Entry Below Grd Unfin S Q F T: 340.00
  • UpperAboveGrdFin Sq Ft: 1360.00
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.58
  • Lot: 8
  • ZoningCode: A1

Green Features

  • Water Features: Point

Building Info

  • Year Built: 2007

Tax Info

  • Taxes (6 mo): 6095.00
  • FILLTAXID: 0481201100

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2021
Closed on
Sep 27, 2021
Sold by
Lockman James L
Bought by
Mulhere Danette E and Mulhere Timothy P
Seller's Agent
Phyllis Johnson
RE/MAX LAKEFRONT REALTY INC
Buyer's Agent
David Simon
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$2,200,000
Sold Price
$2,050,000
Premium/Discount to List
-$150,000
-6.82%
Current Estimated Value
$2,652,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,872
Avg. Annual Appreciation
3.24%

Purchase Details

Closed on
Jul 2, 2005
Sold by
Tyrrell David R and Hafner Lauren L
Bought by
Lockman James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,000
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving
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
Mulhere Danette E $2,050,000 Fidelity National Ttl Ins Co
Lockman James L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lockman James L $836,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $2,050,000 -6.8% $379 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/01/2021 08/01/21 For Sale $2,200,000 -- $407 / 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 $9,054 $2,105,600 $527,800 $1,577,800
2023 $7,012 $1,149,500 $470,800 $678,700
2022 $7,012 $1,149,500 $470,800 $678,700
2021 $7,012 $1,149,500 $470,800 $678,700
2020 $7,012 $1,149,500 $470,800 $678,700
2019 $6,857 $1,124,100 $470,800 $653,300
2018 $6,857 $1,124,100 $470,800 $653,300
2017 $6,183 $1,128,700 $467,600 $661,100
2016 $6,183 $1,128,700 $467,600 $661,100
2015 $6,095 $1,128,700 $467,600 $661,100
2014 $6,095 $1,128,700 $467,600 $661,100
2013 $6,095 $1,128,700 $467,600 $661,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 882543

Roanoke Valley Association of REALTORS®

APN: 0481201100