NOT LISTED FOR SALE

24 Watchtower Dr Moneta, VA 24121

Estimated Value: $1,245,000 - $1,671,000

0.49 Acres
$3,154,612 Price per Acre
21,344 Sq Ft Lot

Last Sold May 07, 2021

Last sale price $190,000

Est. 714% increase in value since last sale

Current estimated payment $8,529/month

75 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Dudley Elementary School Rated A-
  • Gentle Sloping Lot

About This Lot

As of May 2021

Nestled in the heart of Smith Mountain Lake this great lot is the best value out there!! 200 feet of waterfront, deep water, convenient location to the YMCA (featuring indoor tennis, gym, basketball court), restaurants, shopping and walking trails -- all this with privacy! Public water and sewer hook up fee has already been paid by the seller. Property has been cleared and ready for your New Home!

Last Agent to Sell the Property

Sonya Dickinson

MKB, REALTORS(r) License #0225055485 Listed on: 01/11/2021

MKB, REALTORS(r)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $990

Lot Details

  • 0.49 Acre Lot
  • 200 Feet of Waterfront
  • Gentle Sloping Lot

HOA Fees

  • $42 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • Lakewatch Homeowners Association
  • Lakewatch Plantation Subdivision

Listing and Financial Details

  • Tax Lot 24

Property Details

Property Type

Land

Est. Annual Taxes

$990

Lot Details

0.49 Acres

HOA Fees

$42 per month

Listing Details

  • Type: Land
  • ElectricDescription: Below Ground
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • Land Sub Type: Residential - Single Family
  • LengthOfWaterfront: 200.00
  • Major Area: 04 - Franklin County
  • Phone Email: jstroebel1951@gmail.com
  • P O A Condo Contact Name: Lakewatch Homeowners Association
  • POATerms: Annual
  • Hoa2 Or Poa: Yes
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Community System
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV Avail

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope
  • Total Acreage: 0.49
  • Lot: 24
  • Land Type: Lot

Green Features

  • Water Features: Cove

Tax Info

  • Taxes (6 mo): 990.00

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

Closed on
Dec 22, 2015
Sold by
Fstn Inc
Bought by
Reith Timothy P
Current Estimated Value
$1,545,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.98%
Mortgage Type
Unknown
Source: Public Records

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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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
Reith Timothy P $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Reith Timothy P $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $190,000 -5.0% --
03/27/2021 03/27/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $199,950 -- --
Source: Roanoke Valley Association of REALTORS®

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
2025 $6,290 $1,462,700 $208,000 $1,254,700
2024 $8,067 $1,462,700 $208,000 $1,254,700
2023 $2,162 $354,500 $205,000 $149,500
2022 $2,596 $425,600 $205,000 $220,600
2021 $2,596 $425,600 $205,000 $220,600
2020 $2,596 $425,600 $205,000 $220,600
2019 $5,079 $832,600 $154,000 $678,600
2018 $2,311 $378,800 $154,000 $224,800
2017 $1,216 $193,000 $193,000 $0
2016 $825 $193,000 $193,000 $0
2015 $1,042 $193,000 $193,000 $0
2014 $1,042 $193,000 $193,000 $0
2013 $1,042 $193,000 $193,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 876193

Roanoke Valley Association of REALTORS®

APN: 0150700300

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