$1,622,000
SOLD APR 30, 2025

243 Compass Cove Cir Moneta, VA 24121

4 Beds
3.5 Baths
4,441 Sq Ft
0.52 Acres

Recently Sold

$365 Per Sq Ft

7% Below List Price

47 Days on Market

Highlights

  • 82 Feet of Waterfront
  • Floating Dock
  • Deck
  • Dudley Elementary School Rated A-
  • Lake View
  • Family Room with Fireplace

About This Home

As of April 2025

Perched on the shores of Smith Mountain Lake in the prestigious Compass Cove community, this custom-built lakefront retreat is a showcase of impeccable design, thoughtful craftsmanship, and timeless elegance.Panoramic lake and mountain views fill the home through floor-to-ceiling windows, featuring motorized blinds on the main level and newly added window film in the living room for enhanced comfort and privacy. Outside, a lush, newly established lawn complements the professionally landscaped grounds and private dock creating a picturesque waterfront escape. The dock includes a versatile lift that can accommodate a boat or jet ski.The two-story great room exudes sophistication with curved wooden beams, a dramatic spiral staircase, and a stunning stone fireplace.

Last Agent to Sell the Property

Teresa Grant

KELLER WILLIAMS REALTY LYNCHBURG License #0225087218 Listed on: 01/28/2025

KELLER WILLIAMS REALTY LYNCHBURG

Last Buyer's Agent

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,320

Year Built

  • Built in 2015

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 26x23.50
  • 82 Feet of Waterfront
  • Gentle Sloping Lot
  • Garden
  • Property is zoned R1

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Stone Siding
  • Hardboard

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Insulated Doors
  • Family Room with Fireplace
  • 3 Fireplaces
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

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
  • Floating Dock
  • Deck
  • Patio
  • Outdoor Grill

Schools

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

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Underground Utilities
  • Power Generator
  • Tankless Water Heater
  • Propane Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Compass Cove Homeowner's Association Inc. Association
  • Compass Cove Subdivision

Listing and Financial Details

  • Tax Lot 36

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,320

Year Built

Built in 2015

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Interior Features: Breakfast Area, Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Walk-in-Closet, Wet Bar
  • Heating System: Heat Pump Electric, Other - See Remarks
  • Fireplace(s): Family Room, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Generator, Microwave Oven (Built In), Other - See Remarks, Range Gas, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric, Other - See Remarks, Zoned Cooling
  • Outside Features: Deck, Garden Space, Outdoor Barbeque, Patio, Paved Driveway, Screened Porch, Sunroom
  • Views: Lake, Mountain, Sunrise
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 2402.00
  • ExteriorDoors: Insulated, Wood
  • Fireplace Number Fireplaces: 3
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable, DSL
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 82.00
  • LowerBelowGrdFin Sq Ft: 1327.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Phone Email: 000-000-0000
  • P O A Condo Contact Name: Compass Cove Homeowner's Association Inc.
  • POACondoDues: 400.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 3114
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4441.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 569.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 569.00
  • UpperAboveGrdFin Sq Ft: 712.00
  • WaterAccOnlyAAccessOnOffSite: On Site
  • WaterAccOnlyB: Deed/Assgn Dock
  • Water Class: Waterfront Property
  • Water Htr Energy: Propane
  • 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: Community System
  • Water Heater Type: Tank-less

Association/Amenities

  • Misc Features: Cable TV, In-Law Quarters, Paved Road, Underground Util

Green Features

  • Energy Features: Fireplace Insert
  • Water Features: Cove

Lot Info

  • Lot Description: Gentle Slope, Views
  • Lot Dimensions: 26x23.50
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.52
  • Lot: 36
  • ZoningCode: R1

Building Info

  • Year Built: 2015

Tax Info

  • Taxes (6 mo): 8320.00

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
Jan 28, 2025
Closed on
Apr 29, 2025
Sold by
Seabright Jason F and Seabright Vickie L
Bought by
Forrest Charles Tyler and Lintz Trisha Jo
Seller's Agent
Teresa Grant
KELLER WILLIAMS REALTY LYNCHBURG
Buyer's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$1,750,000
Sold Price
$1,622,000
Premium/Discount to List
-$128,000
-7.31%
Views
138
Current Estimated Value
$1,786,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,127
Avg. Annual Appreciation
15.76%
Original Mortgage
$1,216,500
Outstanding Balance
$1,210,027
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$597,516

Purchase Details

Listed on
Mar 5, 2021
Closed on
Jul 26, 2021
Sold by
Price Clifford M
Bought by
Seabright Jason F and Seabright Vickie L
Seller's Agent
Christy Crouch
RE/MAX ALL POINTS
Buyer's Agent
Rick Carroll
RE/MAX LAKEFRONT REALTY INC
List Price
$1,399,999
Sold Price
$1,380,000
Premium/Discount to List
-$19,999
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$900,000
Interest Rate
2.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Bargain Sale Deed $1,622,000 Fidelity National Title
Bargain Sale Deed $1,622,000 Fidelity National Title
Deed $1,380,000 Anchor Title Sml Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,216,500 New Conventional
Closed $1,216,500 New Conventional
Previous Owner $900,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2025 04/30/25 Sold $1,622,000 -4.0% $365 / Sq Ft
03/16/2025 03/16/25 Pending -- -- --
03/02/2025 03/02/25 Price Changed $1,690,000 -3.4% $381 / Sq Ft
01/28/2025 01/28/25 For Sale $1,750,000 +26.8% $394 / Sq Ft
07/28/2021 07/28/21 Sold $1,380,000 -1.4% $326 / Sq Ft View Prior Sale
05/11/2021 05/11/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $1,399,999 -- $330 / Sq Ft
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 $8,320 $1,934,900 $244,000 $1,690,900
2024 $8,320 $1,934,900 $244,000 $1,690,900
2023 $8,579 $1,406,400 $252,000 $1,154,400
2022 $8,579 $1,406,400 $252,000 $1,154,400
2021 $8,579 $1,406,400 $252,000 $1,154,400
2020 $8,579 $1,406,400 $252,000 $1,154,400
2019 $5,946 $974,700 $252,000 $722,700
2018 $5,946 $974,700 $252,000 $722,700
2017 $5,361 $971,000 $255,000 $716,000
2016 $5,361 $971,000 $255,000 $716,000
2015 -- $971,000 $255,000 $716,000
2014 -- $288,100 $251,500 $36,600
2013 -- $288,100 $251,500 $36,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 913893

Roanoke Valley Association of REALTORS®

APN: 0481403600