NOT LISTED FOR SALE

1348 Merriman Way Rd Moneta, VA 24121

Estimated Value: $467,000 - $809,000

4 Beds
2.5 Baths
2,560 Sq Ft
$235/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $395,000 $154 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,407/month

19 Days on Market

Highlights

  • 6 Acre Lot
  • No HOA
  • Breakfast Area or Nook
  • Deck
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of October 2021

Enjoy your privacy and also have Smith Mountain Lake public access/ramp just minutes away!! This magnificent propertyoffers 6 acres of nice laying, partially wooded land along with a gorgeous home boasting an enormous wrap around rocking chair front porch and two level decking overlooking the expansive backyard. The immaculate, well-maintained home has beautiful hardwood floors, brand new carpet throughout the upstairs, an open concept great room/kitchen with stainless steel appliances, spacious bedrooms, firepit, NEW ROOF and it's move-in ready. Get in to see this before it is gone!

Last Agent to Sell the Property

Tammy Pence

MKB, REALTORS(r) - AT THE LAKE License #0225244762 Listed on: 08/27/2021

Last Buyer's Agent

Jason Abshire

RE/MAX ALL STARS License #0225233702

RE/MAX ALL STARS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1999

Lot Details

  • 6 Acre Lot
  • Level Lot
  • Cleared Lot

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Sliding Doors
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,261

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Ceiling Fan, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRUpperLevel: 4
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1200.00
  • ExteriorDoors: Sliding
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 2560
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-09-15
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2560
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2560.00
  • TotalHBaths: 1
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1360.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Other - See Remarks

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior, Paved Road

Schools

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

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 6.00

Building Info

  • Year Built: 1999

Tax Info

  • Taxes (6 mo): 1261.48
  • FILLTAXID: 0150008110

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 27, 2021
Closed on
Oct 18, 2021
Sold by
Hayes Eric V
Bought by
Cole Tonia E and Cole Jason E
Seller's Agent
Tammy Pence
MKB, REALTORS(r) - AT THE LAKE
Buyer's Agent
Jason Abshire
RE/MAX ALL STARS
List Price
$399,990
Sold Price
$395,000
Premium/Discount to List
-$4,990
-1.25%
Current Estimated Value
$601,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,888
Avg. Annual Appreciation
11.09%
Original Mortgage
$327,000
Outstanding Balance
$299,485
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$292,758

Purchase Details

Listed on
May 13, 2013
Closed on
Dec 5, 2013
Sold by
Blankenship Walter E and Blankenship Jerilyn
Bought by
Hayes Eric
Buyer's Agent
Mike Pagans
MKB, REALTORS(r) - AT THE LAKE
List Price
$205,000
Sold Price
$189,000
Premium/Discount to List
-$16,000
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$192,857
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2012
Closed on
Jan 17, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Blankenship Walter E and Blankenship Jerilyn
Seller's Agent
Bill Kern
MKB, REALTORS(r)
List Price
$99,900
Sold Price
$78,100
Premium/Discount to List
-$21,800
-21.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
156.04%

Purchase Details

Closed on
Jun 14, 2012
Sold by
Samuel I White Pc
Bought by
Light Dennis B and Light Dennis Bruce
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
Cole Tonia E $395,000 Old Republic Natl Ttl Ins Co
Hayes Eric $189,000 Fidelity National Title
Blankenship Walter E $78,100 None Available
Light Dennis B $189,154 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Tonia E $327,000
Previous Owner Hayes Eric V $29,000
Previous Owner Hayes Eric $192,857
Previous Owner Light Dennis B $193,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $395,000 -1.2% $154 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $399,990 +111.6% $156 / Sq Ft
01/07/2014 01/07/14 Sold $189,000 -7.8% $74 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $205,000 +162.5% $80 / Sq Ft
01/29/2013 01/29/13 Sold $78,100 -21.8% $21 / Sq Ft
01/10/2013 01/10/13 Pending -- -- --
11/20/2012 11/20/12 For Sale $99,900 -- $27 / 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 $1,607 $373,700 $62,000 $311,700
2023 $1,261 $206,800 $55,000 $151,800
2022 $1,261 $206,800 $55,000 $151,800
2021 $1,261 $206,800 $55,000 $151,800
2020 $1,261 $206,800 $55,000 $151,800
2019 $1,104 $181,000 $55,000 $126,000
2018 $1,104 $181,000 $55,000 $126,000
2017 $996 $180,000 $55,000 $125,000
2016 $996 $180,000 $55,000 $125,000
2015 $972 $180,000 $55,000 $125,000
2014 $972 $180,000 $55,000 $125,000
2013 $972 $180,000 $55,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 883302

Roanoke Valley Association of REALTORS®

APN: 0150008110