NOT LISTED FOR SALE

1575 Merriman Way Rd Moneta, VA 24121

Estimated Value: $1,353,000 - $2,300,000

5 Beds
4.5 Baths
4,940 Sq Ft
$345/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $1,350,000 $273 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,691/month

3 Days on Market

Highlights

  • 577 Feet of Waterfront
  • Barn
  • Newly Remodeled
  • 2 Dock Slips
  • Horses Allowed On Property
  • Lake View

About This Home

As of November 2022

Amazing Renovated Almost like New home, w WIDE WATER VIEWS!!! Privacy retreat on Smith Mountain Lake! This home has it ALL!! Including 576 feet of waterfrontage! Great location by water & by land, just minutes to Westlake, Bridgewater Plaza & dining, shopping, ect. This is a unique property with 5 bedroom & a barn w plenty of storage Golf Cart path w new Stone Stairway to EXTRA LARGE covered boat dock w very deep water. Many Brand new upgrades including, NEW refinished KITCHEN oak cabinets, Fantasy Brown Marble countertops, Designer Swanstone sink & new appliances. Updated flooring -w new flooring & restoration of Large plank Oak & Pine floors in some rooms. Large closets, Replacement windows, 3 NEW Furnances w AC units. Huge natural fireplace, 5 additional acres also available ask!

Last Agent to Sell the Property

Tricia Johnson

PROPERTY NAVIGATORS LLC License #0225079258 Listed on: 09/27/2022

Last Buyer's Agent

Mark Wolford

RE/MAX ALL STARS License #0225170542

RE/MAX ALL STARS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,495

Year Built

  • Built in 1978 | Newly Remodeled

Lot Details

  • 5.91 Acre Lot
  • 577 Feet of Waterfront
  • Gentle Sloping Lot
  • Property is zoned R1

Home Design

  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Bookcases
  • Ceiling Fan
  • Fireplace Features Masonry
  • French Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Sun or Florida Room
  • Storage
  • Laundry on main level
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Basement

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

Outdoor Features

  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 2 Dock Slips
  • Covered Dock
  • Balcony
  • Deck
  • Outdoor Kitchen
  • Shed
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,495

Year Built

Built in 1978 | Newly Remodeled

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Ceiling Fan, Masonry Fireplace, Storage, Walk-in-Closet, Wet Bar
  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Balcony, Barn, Deck, Outdoor Kitchen, Storage Shed, Sunroom
  • Views: Lake, Sunrise
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 1
  • BedroomsBRUpperLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 2189.00
  • ExteriorDoors: French, Full View
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 5688
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 577.00
  • LowerBelowGrdFin Sq Ft: 820.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • MasterBedroomsMasterBRUpperLvl: 1
  • OtherAboveGrdFin Sq Ft: 350.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2022-09-30
  • Residential Type: Detached
  • Style Of House: Contemporary
  • Total Above Grd Fin S Q F T: 4120
  • TotalBdrm: 5
  • TotalBths: 4.10
  • TotalFBaths: 4
  • Total Finished Sq Ft: 4940.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 748.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 748.00
  • UpperAboveGrdFin Sq Ft: 1581.00
  • Water Class: Waterfront Property
  • WaterDetailsNumberCoveredSlips: 2
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Horses Permitted, In-Law Quarters, New Construction

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 5.91
  • Lot: 2
  • ZoningCode: R1

Green Features

  • Water Features: Cove, Riprap Shoreline

Building Info

  • Year Built: 1978

Tax Info

  • Taxes (6 mo): 4495.00
  • FILLTAXID: 0150008400

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
Sep 27, 2022
Closed on
Nov 17, 2022
Sold by
Dwayne C Wolters Dds Plc
Bought by
Woolard Franklin and Woolard Michael
Seller's Agent
Tricia Johnson
PROPERTY NAVIGATORS LLC
Buyer's Agent
Mark Wolford
RE/MAX ALL STARS
List Price
$1,399,900
Sold Price
$1,350,000
Premium/Discount to List
-$49,900
-3.56%
Current Estimated Value
$1,703,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,239
Avg. Annual Appreciation
8.72%
Original Mortgage
$647,200
Outstanding Balance
$628,868
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$1,074,371

Purchase Details

Closed on
Nov 18, 2021
Sold by
Grindstone Partners Llc
Bought by
Dwayne C Wolters Dds Plc

Purchase Details

Listed on
Dec 23, 2020
Closed on
Feb 19, 2021
Sold by
Comer Benjamin B and Comer Sarah R
Bought by
Grindstone Partners Llc
Seller's Agent
Lori Shultz-Moore
NEXTHOME RIGHT CHOICE
Buyer's Agent
Russell Seneff
WOLTZ & ASSOCIATES
List Price
$1,699,800
Sold Price
$1,400,000
Premium/Discount to List
-$299,800
-17.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%

Purchase Details

Closed on
Dec 19, 2020
Sold by
Comer Benjamin B
Bought by
Comer Benjamin B and Comer Katherine A

Purchase Details

Closed on
Dec 18, 2020
Sold by
Tcv Trust And Wealth Management Inc
Bought by
Comer Benjamin B
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
Woolard Franklin $1,350,000 Chicago Title
Bowman Lewis Matthew $380,000 Fidelity National Title
Dwayne C Wolters Dds Plc $908,073 None Available
Grindstone Partners Llc $1,400,000 Fidelity National Ttl Ins Co
Comer Benjamin B -- None Available
Comer Benjamin B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woolard Franklin $95,000
Open Woolard Franklin $647,200
Previous Owner Depierro James F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $1,350,000 -3.6% $273 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $1,399,900 0.0% $283 / Sq Ft
02/26/2021 02/26/21 Sold $1,400,000 -17.6% $374 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $1,699,800 -- $454 / 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 $5,778 $1,343,700 $431,100 $912,600
2023 $4,496 $737,000 $364,100 $372,900
2022 $4,496 $737,000 $364,100 $372,900
2021 $5,718 $937,300 $564,400 $372,900
2020 $5,718 $937,300 $564,400 $372,900
2019 $5,723 $938,200 $564,400 $373,800
2018 $5,723 $938,200 $564,400 $373,800
2017 $5,160 $1,097,000 $717,300 $379,700
2016 $5,160 $1,097,000 $717,300 $379,700
2015 $5,924 $1,097,000 $717,300 $379,700
2014 $5,924 $1,097,000 $717,300 $379,700
2013 $5,924 $1,097,000 $717,300 $379,700
Source: Public Records

Agents Affiliated with this Home

  • Tricia Johnson

    Seller's Agent in 2022

    Tricia Johnson

    PROPERTY NAVIGATORS LLC

    (540) 814-3399

    29 in this area

    296 Total Sales

    Tricia Johnson
    Section Image
  • Mark Wolford

    Buyer's Agent in 2022

    Mark Wolford

    RE/MAX

    2 in this area

    49 Total Sales

    Mark Wolford
    Section Image
  • Lori Shultz-Moore

    Seller's Agent in 2021

    Lori Shultz-Moore

    NEXTHOME RIGHT CHOICE

    (704) 787-3046

    1 in this area

    52 Total Sales

    Lori Shultz-Moore
    Section Image
  • Russell Seneff

    Buyer's Agent in 2021

    Russell Seneff

    WOLTZ & ASSOCIATES

    (540) 342-3593

    7 in this area

    79 Total Sales

    Russell Seneff
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 893257

Roanoke Valley Association of REALTORS®

APN: 0150008400

Virginia Franklin County Moneta 24121

1575 Merriman Way Rd, Moneta, VA

This home is located at 1575 Merriman Way Rd, Moneta, VA 24121 since 27 September 2022 and is currently estimated at $1,703,239, approximately $344 per square foot. This property was built in 1978. 1575 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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