NOT LISTED FOR SALE

1623 Cutlass Rd Moneta, VA 24121

Moneta Area

Estimated Value: $695,000 - $1,099,000

2 Beds
2 Baths
1,800 Sq Ft
$467/Sq Ft Est. Value

Sale Details

Date Sold: February 8, 2012

Last sale price $259,900 $144 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $4,803 / mo

7 Days on Market

Highlights

  • 74 Feet of Waterfront
  • Covered Dock
  • Cape Cod Architecture
  • Moneta Elementary School Rated 9+
  • Lake View
  • Deck

About This Home

As of February 2012

Bank Owned.Beautiful interior design. 9' ceilings,island kitchen w/lots of cabinets.Main level master BR suite w/whirlpool bath.Additional unfin. area framed in upper level.Boat dock w/party dock.Bank selling as is,makes no warranties/representations.Well permit not completed per Health Department.Unfin. sq. ft. in upper level estimated.

Last Agent to Sell the Property

GEORGE LOYD

LAKE & LAND REALTY Listed on: 12/29/2011

Co-Listed By

CINDY LOYD

LAKE & LAND REALTY License #0225 175849

Last Buyer's Agent

JOANN VAN VECHTEN

LONG & FOSTER - SMITH MTN LAKE License #0225082367

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,575

Year Built

  • Built in 2006

Lot Details

  • 23,958 Sq Ft Lot
  • 74 Feet of Waterfront
  • Gentle Sloping Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Cape Cod Architecture

Interior Spaces

  • 1,800 Sq Ft Home
  • Wet Bar
  • Bay Window
  • Lake Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Party Deck
  • Covered Dock
  • Deck

Schools

  • Moneta Elementary School
  • Staunton River Middle School
  • Staunton River High School

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 1

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,575

Year Built

Built in 2006

Lot Details

0.55 Acres

Listing Details

  • Interior Features: Walk-in-Closet, Wet Bar, Whirlpool Bath
  • Heating System: Heat Pump Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Bay Window, Deck
  • Views: Lake
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1800.00
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 74.00
  • Major Area: 06 - Bedford County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Cape Cod
  • SubagentAuthorized: No
  • SubdivisionMap: Andrews and Graves
  • Total Above Grd Fin S Q F T: 1800
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1800.00
  • TotalUnfin Sq Ft: 1000.00
  • Unfinished Attached S Q F T Upper S Q F T Unfin Old: 1000.00
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Private Septic - 2BR
  • Water Description: Private Well

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.55
  • Lot: 1
  • ZoningCode: R1

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 2006

Tax Info

  • Taxes (6 mo): 1575.00

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2011
Closed on
Feb 3, 2012
Sold by
Franklin Community Bank Na
Bought by
Seller's Agent
GEORGE LOYD
LAKE & LAND REALTY
Buyer's Agent
JOANN VAN VECHTEN
LONG & FOSTER - SMITH MTN LAKE
List Price
$279,900
Sold Price
$259,900
Premium/Discount to List
-$20,000
-7.15%
Current Estimated Value
$841,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,100
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Dec 8, 2011
Sold by
Miller James E and Miller Melissa M
Bought by
Franklin Community Bank N A

Purchase Details

Closed on
May 31, 2005
Sold by
Finch Judy Fay and Harper Judy Finch
Bought by
Miller James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$259,900 Fidelity National Title Ins
Franklin Community Bank N A $248,007 Rocky Mount Title
Miller James E -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $275,000
Previous Owner Miller James E $228,000
Previous Owner Miller James E $145,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/08/2012 02/08/12 Sold $259,900 -7.1% $144 / Sq Ft
01/05/2012 01/05/12 Pending -- -- --
12/29/2011 12/29/11 For Sale $279,900 -- $156 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,695 $413,400 $120,000 $293,400
2025 $1,695 $413,400 $120,000 $293,400
2024 $1,695 $413,400 $120,000 $293,400
2023 $1,695 $206,700 $0 $0
2022 $1,542 $154,200 $0 $0
2021 $1,542 $308,400 $100,000 $208,400
2020 $1,542 $308,400 $100,000 $208,400
2019 $1,542 $308,400 $100,000 $208,400
2018 $1,587 $305,200 $100,000 $205,200
2017 $1,587 $305,200 $100,000 $205,200
2016 $1,587 $305,200 $100,000 $205,200
2015 $1,587 $305,200 $100,000 $205,200
2014 $1,822 $350,400 $135,000 $215,400
Source: Public Records

Agents Affiliated with this Home

  • GL

    Seller's Agent in 2012

    GEORGE LOYD

    LAKE & LAND REALTY

  • CL

    Seller Co-Listing Agent in 2012

    CINDY LOYD

    LAKE & LAND REALTY

  • JV

    Buyer's Agent in 2012

    JOANN VAN VECHTEN

    LONG & FOSTER - SMITH MTN LAKE

  • WV

    Buyer Co-Listing Agent in 2012

    Wayne Van Vechten

    LONG & FOSTER - SMITH MTN LAKE

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 777347

Roanoke Valley Association of REALTORS®

APN: 243A1-1-1

Virginia Bedford County Moneta 24121

1623 Cutlass Rd, Moneta, VA

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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