$740,000
SOLD JUN 25, 2018

1359 Nicholas Ln Moneta, VA 24121

6 Beds
5.5 Baths
3,768 Sq Ft
1 Acres

Recently Sold

$196 Per Sq Ft

7% Below List Price

94 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Lake View
  • Contemporary Architecture
  • 2 Dock Slips
  • Deck
  • Great Room with Fireplace

About This Home

As of January 2025

Incredible Contemporary waterfront home. Note: this home has a 8 BR septic permit. Open Great room with vaulted wood planked ceilings, stone fireplace, and partial wrap around decking overlooking Smith Mountain Lake. On the main level there is also a formal Dining area, powder room, hardwood floors throughout, Spacious Master Bedroom with beautiful ceramic tile shower. Upper level affords 3 Bedrooms (1 is a Master BR) and 2 full baths. Lower level offers Recreation room with fireplace,3rd Master suite for a total of 2 full bathrooms and a laundry area. INVESTORS : This home has been a vacation rental producing over 55K in 2017. Currently on rental with leases for 2018 in place. 8 BR Septic permit in place. Purchaser must assume leases.

Last Agent to Sell the Property

Pat Bailey

CB SALES AND RENTALS INC License #0225040287 Listed on: 02/27/2018

Last Buyer's Agent

Pat Bailey

CB SALES AND RENTALS INC License #0225040287 Listed on: 02/27/2018

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,755

Year Built

  • Built in 2009

Lot Details

  • 1 Acre Lot
  • 100 Feet of Waterfront
  • Property fronts a private road
  • Gentle Sloping Lot

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Hardboard

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Sliding Doors
  • Insulated Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Lake Views

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer

Basement

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

Outdoor Features

  • Rip-Rap
  • Boat Hoist or Davit
  • 2 Dock Slips
  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,755

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Patio, Paved Driveway
  • Views: Lake
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 2
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 1559.00
  • ExteriorDoors: Insulated, Sliding
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 2
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 3768
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Undetermined
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 100.00
  • LowerBelowGrdFin Sq Ft: 1359.00
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBREntryLvl: 1
  • MasterBedroomsMasterBRLowerLvl: 1
  • MasterBedroomsMasterBRUpperLvl: 1
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2018-06-01
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: 241 A 6D
  • Total Above Grd Fin S Q F T: 2409
  • TotalBdrm: 6
  • TotalBths: 5.10
  • TotalFBaths: 5
  • Total Finished Sq Ft: 3768.00
  • TotalHBaths: 1
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 850.00
  • Water Class: Waterfront Property
  • WaterDetails: Short Term Rental
  • WaterDetailsNumberCoveredSlips: 2
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic- 5BR+
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Private Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Views
  • Lot Dimensions: see tax map
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.00
  • Lot: 1

Green Features

  • Water Features: Cove, Riprap Shoreline

Rental Info

  • Tenant: vacation rentals call agent

Building Info

  • Year Built: 2009

Tax Info

  • Taxes (6 mo): 3755.00
  • FILLTAXID: 90510146

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Jan 14, 2025
Sold by
Lake Escapes Llc
Bought by
Miller Michael
Seller's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Kem Cobb
ELITE REALTY
List Price
$1,689,000
Sold Price
$1,689,000
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$450,000
Outstanding Balance
$448,797
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,290,892

Purchase Details

Listed on
Jul 27, 2021
Closed on
Sep 1, 2021
Sold by
Beville Michael R and Beville Kelsey A
Bought by
Lake Escapes Llc
Seller's Agent
David Sweeney
USREALTY.COM LLP - HOUSEPAD
Buyer's Agent
Jim Singleton
BUYERS AGENCY OF SMITH MOUNTAIN LAKE LLC
List Price
$1,090,000
Sold Price
$1,250,000
Premium/Discount to List
$160,000
14.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%

Purchase Details

Listed on
Feb 27, 2018
Closed on
Jun 18, 2018
Sold by
Merrills Craig C
Bought by
Beville Michael R and Beville Kelsey A
Seller's Agent
Pat Bailey
CB SALES AND RENTALS INC
Buyer's Agent
Pat Bailey
CB SALES AND RENTALS INC
List Price
$799,900
Sold Price
$740,000
Premium/Discount to List
-$59,900
-7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.68%
Original Mortgage
$592,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $1,689,000 Investors Title
Warranty Deed $1,250,000 Attorney
Warranty Deed $740,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $592,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Price Changed $1,739,900 -0.6% $328 / Sq Ft
07/26/2025 07/26/25 For Sale $1,749,900 0.0% $330 / Sq Ft
07/08/2025 07/08/25 Off Market $1,749,900 -- --
06/11/2025 06/11/25 Price Changed $1,749,900 0.0% $330 / Sq Ft
05/28/2025 05/28/25 For Sale $1,750,000 +3.6% $330 / Sq Ft
01/23/2025 01/23/25 Sold $1,689,000 0.0% $318 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $1,689,000 +35.1% $318 / Sq Ft
09/13/2021 09/13/21 Sold $1,250,000 +14.7% $295 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $1,090,000 +47.3% $258 / Sq Ft
06/25/2018 06/25/18 Sold $740,000 -7.5% $196 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $799,900 -- $212 / 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 $3,935 $959,700 $300,000 $659,700
2023 $3,935 $479,850 $0 $0
2022 $3,457 $345,650 $0 $0
2021 $3,457 $691,300 $220,000 $471,300
2020 $3,457 $691,300 $220,000 $471,300
2019 $3,457 $691,300 $220,000 $471,300
2018 $3,551 $682,900 $220,000 $462,900
2017 $3,551 $682,900 $220,000 $462,900
2016 $3,551 $682,900 $220,000 $462,900
2015 $3,551 $682,900 $220,000 $462,900
2014 $3,212 $617,700 $234,000 $383,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 845468

Roanoke Valley Association of REALTORS®

APN: 241-A-6D