NOT LISTED FOR SALE

150 Island Rd Hardy, VA 24101

Estimated Value: $570,020 - $747,000

4 Beds
2 Baths
1,703 Sq Ft
$372/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $415,000 $244 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,595/month

2 Days on Market

Highlights

  • 131 Feet of Waterfront
  • Lake View
  • Family Room with Fireplace
  • Floating Dock
  • Deck
  • Ranch Style House

About This Home

As of June 2021

Welcome to Smith Mountain Lake. Enjoy the lake at an affordable price in this cute lake cottage waiting for your personal touch. Located in a deep water cove and a short distance by boat to Indian Point marina. Local shopping is just minutes away. Your dock is just steps away from the patio. Don't wait, enjoy the lake this summer!

Last Agent to Sell the Property

Christina Defibaugh

ZENITH HORIZON REALTY LLC License #0225093070 Listed on: 04/30/2021

Last Buyer's Agent

Josh Dix

RE/MAX ALL STARS License #0225212870

RE/MAX ALL STARS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,639

Year Built

  • Built in 1980

Lot Details

  • 0.7 Acre Lot
  • 131 Feet of Waterfront
  • Gentle Sloping Lot
  • Cleared Lot
  • Property is zoned R1

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House

Interior Spaces

  • Ceiling Fan
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Lake Views
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Party Deck
  • Rip-Rap
  • Boat Hoist or Davit
  • Floating Dock
  • Deck

Schools

  • Burnt Chimney Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 20

Community Details

Overview

  • No Home Owners Association
  • Pagan Isle Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,639

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Baseboard Electric
  • Fireplace(s): Family Room, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Refrigerator
  • Cooling System: Window A/C
  • Outside Features: Deck
  • Views: Lake
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 2
  • EntryAboveGrdFin Sq Ft: 864.00
  • ExteriorDoors: Sliding, Wood
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 1703
  • Internet Access: Other, See Remarks
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 131.00
  • LowerBelowGrdFin Sq Ft: 839.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-05-02
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • SubdivisionMap: Pagan Island
  • Total Above Grd Fin S Q F T: 864
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1703.00
  • Uncovered Parking: Off Street Parking
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Paved Road

Schools

  • Elementary School: Burnt Chimney
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Lot Description: Cleared, Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.70
  • Lot: 20
  • ZoningCode: R1

Green Features

  • Water Features: Cove, Riprap Shoreline

Building Info

  • Year Built: 1980

Tax Info

  • Taxes (6 mo): 1639.04
  • FILLTAXID: 0150105200

MLS Schools

  • Elementary School: Burnt Chimney
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 1, 2021
Sold by
Martin John M and Martin Neal A
Bought by
Metzger Michael Nicholas and Metzger Chenxi Liu
Seller's Agent
Christina Defibaugh
ZENITH HORIZON REALTY LLC
Buyer's Agent
Josh Dix
RE/MAX ALL STARS
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$634,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,005
Avg. Annual Appreciation
8.23%
Original Mortgage
$332,000
Outstanding Balance
$303,838
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$278,343
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
Metzger Michael Nicholas $415,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metzger Michael Nicholas $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $415,000 0.0% $244 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $415,000 -- $244 / 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 $2,000 $465,100 $172,000 $293,100
2023 $1,556 $255,100 $150,000 $105,100
2022 $1,556 $255,100 $150,000 $105,100
2021 $1,562 $256,100 $150,000 $106,100
2020 $1,562 $256,100 $150,000 $106,100
2019 $1,529 $250,700 $150,000 $100,700
2018 $1,529 $250,700 $150,000 $100,700
2017 $1,379 $252,700 $150,000 $102,700
2016 $1,379 $252,700 $150,000 $102,700
2015 -- $252,700 $150,000 $102,700
2014 -- $252,700 $150,000 $102,700
2013 -- $252,700 $150,000 $102,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 879330

Roanoke Valley Association of REALTORS®

APN: 0150105200