NOT LISTED FOR SALE

1575 Merriman Way Rd Moneta, VA 24121

Estimated Value: $1,383,000 - $1,761,000

5 Beds
4.5 Baths
4,940 Sq Ft
$319/Sq Ft Est. Value

Last Sold November 23, 2022

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

Est. 17% increase in value since last sale

Current estimated payment $8,762/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
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 2189.00
  • ExteriorDoors: French, Full View
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 577.00
  • LowerBelowGrdFin Sq Ft: 820.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRUpperLvl: 1
  • OtherAboveGrdFin Sq Ft: 350.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • 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

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

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
$1,574,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,027
Avg. Annual Appreciation
5.38%
Original Mortgage
$647,200
Outstanding Balance
$627,603
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$946,424

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
2.54%

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 $647,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

    30 in this area

    295 Total Sales

    Tricia Johnson
    Section Image
  • Mark Wolford

    Buyer's Agent in 2022

    Mark Wolford

    RE/MAX

    2 in this area

    48 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

    51 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

    76 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

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