NOT LISTED FOR SALE

1429 Merriman Way Rd Moneta, VA 24121

Estimated Value: $694,000

3 Beds
1.5 Baths
1,404 Sq Ft
$494/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $470,000 $335 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,923/month

Highlights

  • 361 Feet of Waterfront
  • Lake View
  • Secluded Lot
  • Floating Dock
  • 17.85 Acre Lot
  • Wooded Lot

About This Home

As of January 2021

Older home with acreage and waterfrontage. Several older buildings on the property. Being sold in as is condition. Listed and sold same day!

Last Agent to Sell the Property

Pat Bailey

CB SALES AND RENTALS INC License #0225040287 Listed on: 09/09/2020

Last Buyer's Agent

Pat Bailey

CB SALES AND RENTALS INC License #0225040287 Listed on: 09/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1980

Lot Details

  • 17.85 Acre Lot
  • 361 Feet of Waterfront
  • Secluded Lot
  • Wooded Lot
  • Property is zoned A1

Parking

  • Attached Carport

Home Design

  • Ranch Style House

Interior Spaces

  • 1,404 Sq Ft Home
  • Sliding Doors
  • Lake Views
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Floating Dock
  • Side Porch

Schools

  • Dudley Elementary School
  • Staunton River Middle School
  • Staunton River High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,754

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Heating System: Forced Air Oil
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Partial
  • Cooling System: Central Cooling
  • Views: Lake
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1404.00
  • ExteriorDoors: Sliding
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1404
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryUpperLevel: 1
  • LengthOfWaterfront: 361.00
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • RatifiedContractDt: 2020-09-09
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: Yes
  • Total Above Grd Fin S Q F T: 1404
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1404.00
  • TotalHBaths: 1
  • 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

Exterior Features

  • Porch: Side Porch

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Secluded, Wooded
  • Lot Dimensions: see plat
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 17.85
  • ZoningCode: A1

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 1980

Tax Info

  • Taxes (6 mo): 3754.00
  • FILLTAXID: 01500008300

MLS Schools

  • Elementary School: Dudley
  • HighSchool: Staunton River
  • Middle School: Staunton River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Bailey Patricia C and Bailey Jessica L
Bought by
Bailey Patricia C and Bailey Jessica L
Current Estimated Value
$694,000

Purchase Details

Closed on
May 3, 2021
Sold by
Bailey Patricia C
Bought by
Bailey Patricia C and Bailey Jessica L

Purchase Details

Closed on
Apr 20, 2021
Sold by
Bailey Patricia C
Bought by
Bailey Patricia C and Bailey Jessica L

Purchase Details

Listed on
Sep 9, 2020
Closed on
Jan 25, 2021
Sold by
Maas William Gordon and Clingenpeel Gayle Maas
Bought by
Bailey Patricia C
Seller's Agent
Pat Bailey
CB SALES AND RENTALS INC
Buyer's Agent
Pat Bailey
CB SALES AND RENTALS INC
List Price
$499,900
Sold Price
$470,000
Premium/Discount to List
-$29,900
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$446,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2006
Sold by
Maas Shelby B
Bought by
Swartz Richard L and Swartz Jennifer M
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
Bailey Patricia C -- None Available
Bailey Patricia C -- None Available
Bailey Patricia C $100 None Listed On Document
Bailey Patricia C -- None Available
Bailey Patricia C $470,000 None Listed On Document
Swartz Richard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Patricia C $408,500
Closed Bailey Patricia C $77,000
Previous Owner Bailey Patricia C $446,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $470,000 -6.0% $335 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $499,900 -- $356 / 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 $1,786 $201,700 $201,700 $0
2023 $1,596 $261,600 $200,600 $61,000
2022 $1,596 $261,600 $200,600 $61,000
2021 $2,782 $456,100 $393,500 $62,600
2020 $2,782 $456,100 $393,500 $62,600
2019 $2,791 $457,500 $393,500 $64,000
2018 $2,791 $457,500 $393,500 $64,000
2017 $2,516 $682,500 $617,000 $65,500
2016 $2,516 $682,500 $617,000 $65,500
2015 $3,686 $682,500 $617,000 $65,500
2014 $3,686 $682,500 $617,000 $65,500
2013 $3,686 $682,500 $617,000 $65,500
Source: Public Records

Agents Affiliated with this Home

  • Pat Bailey

    Seller's Agent in 2021

    Pat Bailey

    CB SALES AND RENTALS INC

    (540) 874-5249

    12 in this area

    101 Total Sales

    Pat Bailey
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 873157

Roanoke Valley Association of REALTORS®

APN: 0150008300

Virginia Franklin County Moneta 24121

1429 Merriman Way Rd, Moneta, VA

This home is located at 1429 Merriman Way Rd, Moneta, VA 24121 since 09 September 2020 and is currently estimated at $694,000, approximately $494 per square foot. This property was built in 1980. 1429 Merriman Way Rd 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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