NOT LISTED FOR SALE

195 Merriman Ln Moneta, VA 24121

Estimated Value: $780,000 - $1,288,000

4 Beds
3 Baths
2,933 Sq Ft
$383/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $1,000,000 $341 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,476/month

9 Days on Market

Highlights

  • 225 Feet of Waterfront
  • Covered Dock
  • Deck
  • Marina
  • Lake View
  • Great Room with Fireplace

About This Home

As of August 2022

Talk about a rare gem is this astonishing waterfront home that rest on one of the best lots on the lake with gorgeous views & over 225 foot water frontage. 4 BR/3BA home has the open living room/kitchen concept, screened in porch & walkout basement. The heart of the house is a huge two story natural stone chimney with two fireplaces, one in the basement & one in the great room. The chimney defines one wall of the great room, soaring to the top of a post and beam vaulted ceiling. The first floor has wide plank oak flooring throughout. Recent updates: high speed internet, new dishwasher, w/dryer, refrigerator in basement, hot water heater, updated wiring & electrical panel, 2BR painted. Home has a double car detached garage & a garage underneath that is perfect for all of your lake toys.

Last Agent to Sell the Property

Peggy Overstreet

LAKE HOMES REALTY, LLC License #0225195570 Listed on: 07/29/2022

Last Buyer's Agent

Peggy Overstreet

LAKE HOMES REALTY, LLC License #0225195570 Listed on: 07/29/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,755

Year Built

  • Built in 1966

Lot Details

  • 1.12 Acre Lot
  • 225 Feet of Waterfront
  • Level Lot

Interior Spaces

  • 1-Story Property
  • Wired For Sound
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Great Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Storage
  • Laundry on main level
  • Lake Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

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

Parking

  • Detached Garage
  • Tuck Under Garage

Outdoor Features

  • Personal Watercraft Lift
  • Boat Hoist or Davit
  • Covered Dock
  • Deck

Schools

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

Utilities

  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • No Home Owners Association
  • Merriman Cove Subdivision

Amenities

  • Restaurant

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,755

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Interior Features: Audio-Video Wired, Cathedral Ceiling, Masonry Fireplace, Storage
  • Heating System: Heat Pump Electric
  • Fireplace(s): Basement, Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Paved Driveway, Screened Porch
  • Views: Lake, Sunset
  • AddlCoveredPrkng: Garage Under
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1579.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2933
  • Internet Access: Cable, DSL
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 225.00
  • LowerBelowGrdFin Sq Ft: 1354.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2022-08-07
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 1579
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2933.00
  • Water Class: Waterfront Property
  • 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: Community System

Association/Amenities

  • Misc Features: Cable TV

Schools

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

Lot Info

  • Lot Description: Level Lot, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.12
  • Lot: 5

Green Features

  • Water Features: Southern Exposure

Building Info

  • Year Built: 1966

Tax Info

  • Taxes (6 mo): 3754.55
  • FILLTAXID: 03102020000

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
Jul 29, 2022
Closed on
Aug 17, 2022
Sold by
Anne And Thomas Mead Realty Trust
Bought by
Dracup Dale S and Haskins Virginia J
Seller's Agent
Peggy Overstreet
LAKE HOMES REALTY, LLC
Buyer's Agent
Peggy Overstreet
LAKE HOMES REALTY, LLC
List Price
$999,950
Sold Price
$1,000,000
Premium/Discount to List
$50
0.005%
Current Estimated Value
$1,124,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,223
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Jun 22, 2005
Sold by
Last Lap Investments Llc
Bought by
Hylton Christopher L and Hylton Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,775
Interest Rate
5.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Dracup Dale S $1,000,000 --
Hylton Christopher L $82,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hylton Christopher L $78,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $1,000,000 0.0% $341 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $999,950 +2.6% $341 / Sq Ft
06/27/2022 06/27/22 Sold $975,000 +2.6% $332 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/08/2022 05/08/22 For Sale $949,950 -- $324 / 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 $4,352 $1,012,200 $340,000 $672,200
2023 $3,755 $615,500 $335,000 $280,500
2022 $3,755 $615,500 $335,000 $280,500
2021 $3,755 $615,500 $335,000 $280,500
2020 $3,755 $615,500 $335,000 $280,500
2019 $3,674 $602,300 $335,000 $267,300
2018 $3,674 $602,300 $335,000 $267,300
2017 $3,313 $609,100 $335,000 $274,100
2016 $3,313 $609,100 $335,000 $274,100
2015 $3,289 $609,100 $335,000 $274,100
2014 $3,289 $609,100 $335,000 $274,100
2013 $3,289 $609,100 $335,000 $274,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 891729

Roanoke Valley Association of REALTORS®

APN: 0310202000