NOT LISTED FOR SALE

140 Lockport Ct Moneta, VA 24121

Estimated Value: $3,275,000 - $3,311,890

4 Beds
4.5 Baths
6,535 Sq Ft
$504/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $2,890,000 $442 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $19,103/month

22 Days on Market

Highlights

  • 447 Feet of Waterfront
  • Golf Course Community
  • Fireplace in Kitchen
  • 1 Dock Slip
  • Lake View
  • Deck

About This Home

As of May 2022

You must experience this fabulous Waterfront Home, perfectly positioned on a partial point lot, in the prestigious Waverly community. The moment you walk through the door, The Wow factor of Smith Mountain Lake is before you. This property is beautifully landscaped, conveniently located in the Scruggs Rd. corridor & convenient to groceries, restaurants, medical facilities, golf & Franklin County Park & Beach. This home is an entertainer's dream, w/ Great architect details! It offers amazing covered decks, a screened porch & 3 car garage! A Large gourmet kitchen with Butler's pantry & lovely Master suite w/ fireplace, private balcony, dressing room & laundry. On the lower level are 3 spacious guest suites, family room w/ wet bar, workshop & lots of storage room. You'll access the dock

Last Agent to Sell the Property

Genie Rust

SETTLELAND & REALTY LLC License #0225193101 Listed on: 04/11/2022

Last Buyer's Agent

Debbie Shelton

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225083584

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,433

Year Built

  • Built in 1997

Lot Details

  • 0.97 Acre Lot
  • 447 Feet of Waterfront
  • Gentle Sloping Lot

HOA Fees

  • $138 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • Wet Bar
  • Bookcases
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 5 Fireplaces
  • Screened Porch
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

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
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Gas
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 26A

Community Details

Overview

  • Maureen Baker Association
  • Waverly Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,433

Year Built

Built in 1997

Lot Details

0

HOA Fees

$138 per month

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Gas Log Fireplace, Walk-in-Closet, Wet Bar
  • Heating System: Gas - Propane, Heat Pump Electric
  • Fireplace(s): Kitchen, Living Room, Master Bedroom
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Paved Driveway, Screened Porch
  • Views: Lake, Sunset
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 3688.00
  • Fireplace Number Fireplaces: 5
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 3
  • Grand Total Attached S Q F T: 6535
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 447.00
  • LowerBelowGrdFin Sq Ft: 2847.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 3.00
  • Phone Email: 540-296-0991
  • P O A Condo Contact Name: Maureen Baker
  • POACondoDues: 1650.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2022-05-03
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubagentAuthorized: No
  • SubdivisionMap: Waverly
  • Total Above Grd Fin S Q F T: 3688
  • TotalBdrm: 4
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 6535.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Water Class: Waterfront Property
  • WaterDetailsNumberCoveredSlips: 1
  • WaterDetailsShorelineMgmtPlan: Yes
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Other - See Remarks

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water
  • Water Heater Type: Tank-less

Association/Amenities

  • Misc Features: Cable TV, Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.97
  • Lot: 26A

Green Features

  • Water Features: Point

Building Info

  • Year Built: 1997

Tax Info

  • Taxes (6 mo): 10433.00
  • FILLTAXID: 0481007300

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
Apr 11, 2022
Closed on
May 18, 2022
Sold by
Eonta Properties Llc
Bought by
Jason And Rachel Hines Family Revocable Trust
Seller's Agent
Genie Rust
SETTLELAND & REALTY LLC
Buyer's Agent
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$2,890,000
Sold Price
$2,890,000
Current Estimated Value
$3,295,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,630
Avg. Annual Appreciation
4.26%

Purchase Details

Listed on
Mar 19, 2014
Closed on
May 7, 2014
Sold by
Hinson James N and Hinson Colette F
Bought by
Eonta Properties Llc
Buyer's Agent
Genie Rust
SETTLELAND & REALTY LLC
List Price
$1,749,000
Sold Price
$1,749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$1,000,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jason And Rachel Hines Family Revocable Trust $2,890,000 Fidelity National Title
Eonta Properties Llc $1,749,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eonta Properties Llc $1,000,000
Previous Owner Hinson James N $50,000
Previous Owner Hinson James N $641,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $2,890,000 0.0% $442 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $2,890,000 +65.2% $442 / Sq Ft
06/05/2014 06/05/14 Sold $1,749,000 0.0% $268 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $1,749,000 -- $268 / 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 $12,113 $2,816,900 $560,000 $2,256,900
2023 $10,433 $1,710,400 $480,000 $1,230,400
2022 $10,433 $1,710,400 $480,000 $1,230,400
2021 $10,433 $1,710,400 $480,000 $1,230,400
2020 $10,433 $1,710,400 $480,000 $1,230,400
2019 $10,060 $1,649,100 $480,000 $1,169,100
2018 $10,060 $1,649,100 $480,000 $1,169,100
2017 $9,070 $1,673,800 $480,000 $1,193,800
2016 $9,070 $1,673,800 $480,000 $1,193,800
2015 $7,355 $1,673,800 $480,000 $1,193,800
2014 $7,355 $1,673,800 $480,000 $1,193,800
2013 $7,355 $1,362,000 $480,000 $882,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 888507

Roanoke Valley Association of REALTORS®

APN: 0481007300