NOT LISTED FOR SALE

140 Sailors Cove Dr Unit 1224 Moneta, VA 24121

Estimated Value: $346,000 - $375,000

1 Bed
1 Bath
675 Sq Ft
$361/mo HOA Fee

Last Sold March 09, 2021

Last sale price $240,000 $356 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,345/month

2 Days on Market

Highlights

  • Public Beach
  • Deck
  • Furnished
  • Waterfront
  • Cathedral Ceiling
  • Tennis Courts

About This Home

As of March 2021

Fully furnished top floor unit at Bernard's Landing with amazing views of Smith Mountain Lake. This unit has updated cabinets with granite countertops, stainless steel appliances, added stone fireplace, epanded door casing for laundry, and newly painted. It also has high ceilings with skylights or natural light. Bernard's Landing is conveniently located within 20 minutes of Westlake, near grocery and retail shops. The amenities include: 3 pools ( 1 indoor), tennis, pickleball, and basketball courts, playground, clubhouse and event space for social activities, beach area, sauna, steam room, fitness center, and a racketball court. Short-term rentals are allowed if you are looking for an investment property with income potential. Day docks are available for use and boat slips rental.

Last Agent to Sell the Property

Denise Thruston

KELLER WILLIAMS REALTY LYNCHBURG License #0225175195 Listed on: 01/22/2021

KELLER WILLIAMS REALTY LYNCHBURG

Last Buyer's Agent

Donna Greer

MKB, REALTORS(r) - AT THE LAKE License #0225085661

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 1985

Lot Details

  • Waterfront
  • Public Beach

HOA Fees

  • $361 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Hardboard

Interior Spaces

  • 675 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Insulated Doors
  • Great Room with Fireplace
  • Property Views

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • No Wake Zone
  • Rip-Rap
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

Overview

  • J. Pace Association
  • Bernards Landing Subdivision

Amenities

  • Restaurant

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,054

Year Built

Built in 1985

Lot Details

0

HOA Fees

$361 per month

Listing Details

  • Interior Features: Cathedral Ceiling, Masonry Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room
  • Type: Residential
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 675.00
  • ExteriorDoors: Full View, Insulated
  • 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
  • MasterBedroomsMasterBRUpperLvl: 1
  • Phone Email: 540 721-2762
  • P O A Condo Contact Name: J. Pace
  • POACondoDues: 361.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-01-24
  • Residential Type: Attached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 675
  • TotalBdrm: 1
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 675.00
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Community System
  • Water Description: Community System

Association/Amenities

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

Schools

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

Lot Info

  • Lot Description: Level Lot, Views
  • Property Group Id: 19990816212109142258000000

Green Features

  • Water Features: Beach, Cove, Main Channel, No Wake Area, Riprap Shoreline

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 1054.00
  • FILLTAXID: 0480513200

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
Jan 22, 2021
Closed on
Mar 8, 2021
Sold by
Farley Theresa J
Bought by
Lipes William N and Gertz Genelle C
Seller's Agent
Denise Thruston
KELLER WILLIAMS REALTY LYNCHBURG
Buyer's Agent
Donna Greer
MKB, REALTORS(r) - AT THE LAKE
List Price
$230,000
Sold Price
$240,000
Premium/Discount to List
$10,000
4.35%
Current Estimated Value
$355,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,583
Avg. Annual Appreciation
9.02%
Original Mortgage
$184,000
Outstanding Balance
$165,691
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$189,892

Purchase Details

Closed on
Oct 20, 2017
Sold by
Farley David and Farley Theresa J
Bought by
Farley Theresa J

Purchase Details

Listed on
Feb 27, 2012
Closed on
Jan 3, 2014
Sold by
Husted Stewart W and Husted Kathy Lixey
Bought by
Farley David and Farley Theresa J
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$189,900
Sold Price
$168,000
Premium/Discount to List
-$21,900
-11.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$134,400
Interest Rate
4.75%
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
Lipes William N $240,000 Saga Title Group Llc
Farley Theresa J -- None Available
Farley David $168,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipes William N $184,000
Previous Owner Farley Theresa J $132,000
Previous Owner Farley David $134,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $240,000 +4.3% $356 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $230,000 +36.9% $341 / Sq Ft
01/14/2014 01/14/14 Sold $168,000 -11.5% $220 / Sq Ft
11/06/2013 11/06/13 Pending -- -- --
02/27/2012 02/27/12 For Sale $189,900 -- $249 / 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 $1,100 $180,300 $75,000 $105,300
2022 $1,100 $180,300 $75,000 $105,300
2021 $1,100 $180,300 $75,000 $105,300
2020 $1,100 $180,300 $75,000 $105,300
2019 $872 $143,000 $64,000 $79,000
2018 $872 $143,000 $64,000 $79,000
2017 $787 $164,900 $84,000 $80,900
2016 $787 $164,900 $84,000 $80,900
2015 $890 $164,900 $84,000 $80,900
2014 $890 $164,900 $84,000 $80,900
2013 $890 $164,900 $84,000 $80,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 876496

Roanoke Valley Association of REALTORS®

APN: 0480513200