NOT LISTED FOR SALE

1420 Merriman Way Rd Moneta, VA 24121

Estimated Value: $471,922 - $728,000

3 Beds
3 Baths
3,635 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 23, 2012

Last sale price $168,500 $46 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $3,316/month

237 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Garden Bath
  • Community Lake
  • Storm Windows
  • Zoned Heating and Cooling

About This Home

As of May 2012

Charming Cape Cod located at Smith Mountain Lake area within 2 miles to Hales Ford Bridge and Smith Mtn Lake. 3 bedrooms, 2 full baths on main floor and 1 full baths upstairs, level 1.06 acre lot, unfinished basement with 2 car garage, finished sq footage upstairs for office and rec room. Home has a lot to offer and priced below assessment value.

Last Agent to Sell the Property

Wendy Witt

Wendy Witt Realty Co License #0225081001 Listed on: 09/29/2011

Wendy Witt Realty Co

Co-Listed By

Scott Fogleman

eXp Realty LLC-Stafford License #0225195155

Last Buyer's Agent

K. Michael Maloney

Keller Williams Richmond West License #0225176521

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 2004

Lot Details

  • 1.06 Acre Lot
  • Property is zoned A1

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 3,635 Sq Ft Home
  • 1.5-Story Property
  • Walk-Out Basement
  • Attic Access Panel
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Garden Bath

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Garage
  • Basement Garage
  • Garage Door Opener

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 2004

Lot Details

0

Listing Details

  • FILLACRES: 1.0600
  • Directions: 460W to left on 122 about 18.6 miles then left on Merriman Way Road go about 1.4 miles home on right
  • Lot Measurement: Acres
  • Lot Sq Ft: 46174.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2004
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: One and One Half
  • Dwelling Styles: Cape Cod
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 19.000 x 12.000
  • Livingroom Len: 19.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 14.000 x 12.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 14.000 x 15.000
  • Other Room1 Area: 196.000000
  • Other Room1 Len: 14.000
  • Other Room2 Area: 322.000000
  • Other Room2 Len: 23.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: RT 666 TRACT C-1
  • Reciprocal Listing: No
  • Second Bedroom: 13x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 130.000000
  • Third Bedroom: 12x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 2635.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Access
  • Has Basement: Garage, Walkout
  • Breakfast Area: 12x12 Level: Level 1 Above Grade
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Deck: 11x8 Level: Level 1 Above Grade
  • Family Room: 12x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Drywall, Garden Tub, Main Level Bedroom, Smoke Alarm
  • Dining Kitchen: 15x9 Level: Level 1 Above Grade
  • Laundry: Laundry Closet, Main Level
  • Living Room: 19x12 Level: Level 1 Above Grade
  • Master Bedroom: 14x12 Level: Level 1 Above Grade
  • Office: 14x15 Level: Level 2 Above Grade
  • Other Room 1: 14x14 Level: Level 2 Above Grade
  • Other Room 2: 23x14 Level: Level 2 Above Grade
  • Additional Room 1 Description: Room
  • Additional Room 2 Description: Room
  • FamilyRoom Area: 144.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 135.000000
  • LivingRoom Area: 228.000000
  • Office Area: 210.000000
  • Est Other Room1 Dim: 14.000 x 14.000
  • Est Other Room2 Dim: 23.000 x 14.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Storm Windows, Lake Nearby

Garage/Parking

  • Garage Spaces: Garage Door Opener, In Basement
  • Garage Area: 528.000000
  • Garage Dim: 22.000 x 24.000
  • GarageLen: 22.000
  • GarageWid: 24.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Other

Lot Info

  • Lot Sq Ft: 3635.00
  • Zoning: A1

Tax Info

  • Estimated Taxes: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2011
Closed on
May 11, 2012
Sold by
Lyon David Randall and Lyon Crystal Danette
Bought by
Davis Allen W
Seller's Agent
Wendy Witt
Wendy Witt Realty Co
Buyer's Agent
K. Michael Maloney
Keller Williams Richmond West
List Price
$184,000
Sold Price
$168,500
Premium/Discount to List
-$15,500
-8.42%
Current Estimated Value
$610,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,731
Avg. Annual Appreciation
10.05%
Original Mortgage
$165,447
Outstanding Balance
$114,630
Interest Rate
3.9%
Mortgage Type
FHA
Estimated Equity
$495,601

Purchase Details

Closed on
Nov 20, 2006
Sold by
Fandel William C and Fandel Catherine A
Bought by
Lyon David Randall and Lyon Crystal Danette
Source: Public Records

Range of Values:

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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
Davis Allen W $168,500 Fidelity National Title Ins
Lyon David Randall $186,375 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Allen W $165,447
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2012 05/23/12 Sold $168,500 0.0% $64 / Sq Ft View Prior Sale
05/23/2012 05/23/12 Sold $168,500 -8.4% $46 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
02/22/2012 02/22/12 Pending -- -- --
09/29/2011 09/29/11 For Sale $184,000 +9.9% $51 / Sq Ft
06/15/2011 06/15/11 For Sale $167,500 -- $64 / Sq Ft
Source: Lynchburg 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 $1,273 $296,100 $37,000 $259,100
2023 $1,273 $208,700 $30,000 $178,700
2022 $1,273 $208,700 $30,000 $178,700
2021 $1,273 $208,700 $30,000 $178,700
2020 $1,273 $208,700 $30,000 $178,700
2019 $1,168 $191,500 $30,000 $161,500
2018 $1,168 $191,500 $30,000 $161,500
2017 $1,053 $177,500 $30,000 $147,500
2016 $1,053 $177,500 $30,000 $147,500
2015 -- $177,500 $30,000 $147,500
2014 -- $177,500 $30,000 $147,500
2013 -- $177,500 $30,000 $147,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 268915

APN: 0150008109E