NOT LISTED FOR SALE

140 Sailors Cove Dr Unit 1221 Moneta, VA 24121

Estimated Value: $345,930 - $398,000

1 Bed
1 Bath
675 Sq Ft
$453/mo HOA Fee

Last Sold April 07, 2023

Last sale price $295,000 $437 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,495/month

17 Days on Market

Highlights

  • Community Beach Access
  • Public Beach
  • Furnished
  • Boat Dock
  • Lake View
  • Community Pool

About This Home

As of April 2023

Don't miss out on this rare opportunity to own a top level, fully furnished condominium at desirable Bernards Landing! Great investment or vacation property. Condo offers breathtaking views of the lake and the mountains! Easy walk to the beach. Enjoy all the wonderful amenities including 2 outdoor pools and 1 indoor pool, beach, clubhouse, restaurant, tennis and basketball courts, exercise room & more. Day dock available for boat or you may lease a slip at the marina. Rentals are permitted. POA fees cover water, sewer, cable and internet.

Last Agent to Sell the Property

Kevin Pellant

WAINWRIGHT & CO., REALTORS(r) License #0225213289 Listed on: 02/07/2023

WAINWRIGHT & CO., REALTORS(r)

Last Buyer's Agent

Kevin Pellant

WAINWRIGHT & CO., REALTORS(r) License #0225213289 Listed on: 02/07/2023

WAINWRIGHT & CO., REALTORS(r)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1985

Lot Details

  • Public Beach

HOA Fees

  • $453 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Slab Foundation

Interior Spaces

  • 675 Sq Ft Home
  • Furnished
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Floating Dock
  • Balcony
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Community Details

Overview

  • Jennifer Pace Association
  • Bernards Landing Subdivision

Recreation

  • Boat Dock
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,160

Year Built

Built in 1985

Lot Details

0

HOA Fees

$453 per month

Listing Details

  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: A
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Balcony, Storage Shed
  • Views: Lake, Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: Yes
  • EntryAboveGrdFin Sq Ft: 675.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 675
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Phone Email: 540-721-2762
  • P O A Condo Contact Name: Jennifer Pace
  • POACondoDues: 453.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2023-02-24
  • Residential Type: Attached
  • Style Of House: Other - See Remarks
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 675
  • TotalBdrm: 1
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 675.00
  • WaterAccOnlyAAccessOnOffSite: On Site
  • WaterAccOnlyB: Community Dock
  • Water Class: Waterfront Property
  • WaterDetails: Short Term Rental
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Community System
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Furnished, Maint-Free Exterior

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000

Green Features

  • Water Features: Beach, Cove

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 1160.00
  • FILLTAXID: 0480512900

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
Jun 30, 2017
Closed on
Jul 19, 2017
Sold by
140 Sailor S Cove Llc
Bought by
Lacey Justin R
Buyer's Agent
Robert Middleton Jr.
BERNARDS REALTY COMPANY INC.
List Price
$179,500
Sold Price
$175,000
Premium/Discount to List
-$4,500
-2.51%
Current Estimated Value
$350,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,344
Avg. Annual Appreciation
9.07%
Original Mortgage
$115,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 29, 2013
Sold by
Cooper Barbara B
Bought by
140 Sailors Cove Llc
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
Lacey Justin R $175,000 None Available
140 Sailors Cove Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drinkard William W $221,250
Closed Lacey Justin R $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $295,000 -3.3% $437 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $305,000 +74.3% $452 / Sq Ft
08/28/2017 08/28/17 Sold $175,000 -2.5% $259 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $179,500 -- $266 / 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 $1,280 $297,600 $78,000 $219,600
2023 $1,032 $176,600 $75,000 $101,600
2022 $1,077 $176,600 $75,000 $101,600
2021 $1,077 $176,600 $75,000 $101,600
2020 $1,077 $176,600 $75,000 $101,600
2019 $850 $139,400 $64,000 $75,400
2018 $850 $139,400 $64,000 $75,400
2017 $767 $161,200 $84,000 $77,200
2016 $767 $161,200 $84,000 $77,200
2015 -- $161,200 $84,000 $77,200
2014 -- $161,200 $84,000 $77,200
2013 -- $161,200 $84,000 $77,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kevin Pellant

    WAINWRIGHT & CO., REALTORS(r)

    (540) 597-6367

    6 in this area

    30 Total Sales

    Section Image

  • N

    Seller Co-Listing Agent in 2017

    Non Member Transaction Agent

    Non-Member Transaction Office

  • R

    Buyer's Agent in 2017

    Robert Middleton Jr.

    BERNARDS REALTY COMPANY INC.

    (540) 420-3127

    6 in this area

    7 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 895826

Roanoke Valley Association of REALTORS®

APN: 0480512900

Virginia Franklin County Moneta 24121

140 Sailors Cove Dr Unit 1221, Moneta, VA

This home is located at 140 Sailors Cove Dr Unit 1221, Moneta, VA 24121 since 07 February 2023 and is currently estimated at $367,983, approximately $545 per square foot. This property was built in 1985. 140 Sailors Cove Dr Unit 1221 is a home located in Franklin County with nearby schools including Dudley Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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