$1,250,000
SOLD SEP 13, 2021

1359 Nicholas Ln Moneta, VA 24121

6 Beds
5.5 Baths
4,231 Sq Ft
1 Acres

Recently Sold

$295 Per Sq Ft

15% Above List Price

6 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • No HOA
  • Lake View
  • Contemporary Architecture
  • Walk-In Closet

About This Home

As of January 2025

Incredible opportunity for investors and/or SML enthusiasts w/ this custom lakefront home; built for lake lifeand large groups given the rare 8-bed septic. Wall of windows w/ cedar shiplap cathedral ceilings welcome you for immediate WOW factor along w/ rustic stone gas FP. A gourmet kitchenw/ bar, granite tops and upgraded apps.Master suites on main/upper levelsw/ tubs, custom tile showers andgranite tops. LL features two ensuite bedrooms and rec space overlooking lake w/ extra fridge. Great location byboat or land, close to wineries,restaurants & grocery. To cap off, a deep water double slip dock w/ party deck forfully enjoying lake time. Short termrental grossing $140k/year!Comes furnished ready to enjoy.

Last Agent to Sell the Property

David Sweeney

USREALTY.COM LLP - HOUSEPAD License #0225243285 Listed on: 07/27/2021

Last Buyer's Agent

Jim Singleton

BUYERS AGENCY OF SMITH MOUNTAIN LAKE LLC License #0225080027

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,456

Year Built

  • Built in 2009

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 100x423
  • 100 Feet of Waterfront

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Built-In Oven
  • Electric Range
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 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

Outdoor Features

  • Party Deck
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,456

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Walk-in-Closet
  • Heating System: Forced Air Electric, Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Freezer, Microwave Oven (Built In), Range Electric, Refrigerator, Wall Oven
  • Cooling System: Central Cooling
  • Outside Features: Deck, Patio
  • Views: Lake, Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 2
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 1600.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 2
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 4231
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 100.00
  • LowerBelowGrdFin Sq Ft: 1559.00
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-08-02
  • Residential Type: Detached
  • Style Of House: Contemporary
  • Total Above Grd Fin S Q F T: 2672
  • TotalBdrm: 6
  • TotalBths: 5.10
  • TotalFBaths: 5
  • Total Finished Sq Ft: 4231.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1072.00
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

Schools

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

Lot Info

  • Lot Description: Views
  • Lot Dimensions: 100X423
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.00
  • Lot: 1

Building Info

  • Year Built: 2009

Tax Info

  • Taxes (6 mo): 3456.00
  • 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

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Range of Values:

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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: 882355

Roanoke Valley Association of REALTORS®

APN: 241-A-6D