NOT LISTED FOR SALE

220 Walnut Trace Dr Hardy, VA 24101

Estimated Value: $1,146,000 - $1,295,000

4 Beds
4 Baths
3,600 Sq Ft
$338/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $995,000 $276 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,949/month

7 Days on Market

Highlights

  • 147 Feet of Waterfront
  • Lake View
  • Contemporary Architecture
  • 1 Dock Slip
  • Deck
  • Cathedral Ceiling

About This Home

As of September 2022

Beautiful log home on Smith Mountain Lake with long channel views and deep water at the newly expanded dock, upgraded with Azek decking and 2 pwc ramps. Enjoy the warm feel of the interior with solid oak floors, tongue & groove cathedral ceiling and wall of windows with UV film and solar shades facing the lake. Recent interior updates include new stainless steel range and hood, dish washer, full size washer/dryer, Wisler water treatment and reverse osmosis, upgraded well pump, HVAC replaced 2019 and interior painted 2020. The exterior has been stripped and stained, the decking is maintenance free Azek, along with the stairway to the firepit and dock, and the irrigation system uses lake water for all landscaping, including deck drip lines.

Last Agent to Sell the Property

Debbie Shelton

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225083584 Listed on: 08/09/2022

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Luke Schmidt

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225250131

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,904

Year Built

  • Built in 2006

Lot Details

  • 1.34 Acre Lot
  • 147 Feet of Waterfront
  • Cul-De-Sac
  • Lot Sloped Down
  • Property is zoned R1

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Log Cabin
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Personal Watercraft Lift
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Walnut Run Subdivision

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,904

Year Built

Built in 2006

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Wet Bar
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Range Hood, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Paved Driveway, Storage Shed
  • Views: Lake
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1800.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 2
  • Grand Total Attached S Q F T: 3600
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 147.00
  • LowerBelowGrdFin Sq Ft: 1800.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • POACondoDues: 75.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2022-08-16
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: Walnut Run
  • Total Above Grd Fin S Q F T: 1800
  • TotalBdrm: 4
  • TotalBths: 4.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 3600.00
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: R49
  • WaterDetailsNumberCoveredSlips: 1
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • 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: Cul-de-sac, Paved Road

Schools

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

Lot Info

  • Lot Description: Down Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.34
  • Lot: 1
  • ZoningCode: R1

Green Features

  • Water Features: Main Channel

Building Info

  • Year Built: 2006

Tax Info

  • Taxes (6 mo): 3904.00
  • FILLTAXID: 0030111900

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Sep 11, 2022
Sold by
Lansing Brian C and Lansing Maura L
Bought by
Rexrode Benjamin Lee and Rexrode Mary Elizabeth
Seller's Agent
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Luke Schmidt
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$1,217,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,354
Avg. Annual Appreciation
4.24%
Original Mortgage
$647,200
Outstanding Balance
$626,882
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$499,611

Purchase Details

Listed on
Mar 25, 2015
Closed on
May 24, 2016
Sold by
Choate Laton E and Choate Barbara
Bought by
Lansing Brian C and Scott Maura L
Seller's Agent
Karlen Tinti
MKB, REALTORS(r) - AT THE LAKE
Buyer's Agent
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$649,900
Sold Price
$640,000
Premium/Discount to List
-$9,900
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$480,000
Interest Rate
3.57%
Mortgage Type
New Conventional
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
Rexrode Benjamin Lee $995,000 Anchor Title
Lansing Brian C $640,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rexrode Benjamin L $193,429
Open Rexrode Benjamin Lee $647,200
Previous Owner Lansing Brian C $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $995,000 0.0% $276 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $995,000 +55.5% $276 / Sq Ft
06/21/2016 06/21/16 Sold $640,000 -1.5% $178 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
03/25/2015 03/25/15 For Sale $649,900 -- $181 / 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 $4,337 $1,008,600 $206,800 $801,800
2023 $4,030 $660,600 $201,800 $458,800
2022 $4,030 $660,600 $201,800 $458,800
2021 $4,030 $660,600 $201,800 $458,800
2020 $4,021 $660,600 $201,800 $458,800
2019 $3,916 $641,900 $201,800 $440,100
2018 $3,908 $640,700 $201,800 $438,900
2017 $3,524 $517,100 $205,000 $312,100
2016 $3,524 $517,100 $205,000 $312,100
2015 $2,792 $517,100 $205,000 $312,100
2014 $2,792 $517,100 $205,000 $312,100
2013 $2,792 $517,100 $205,000 $312,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 892041

Roanoke Valley Association of REALTORS®

APN: 0030111900