NOT LISTED FOR SALE

Estimated Value: $1,053,043

4 Beds
4.5 Baths
4,554 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: June 5, 2023

Last sale price $740,000 $162 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,124 / mo

135 Days on Market

Highlights

  • Water Access
  • Wooded Lot
  • Community Pool
  • Lake View
  • Cathedral Ceiling
  • Tennis Courts

About This Home

As of June 2023

Destined to enrich your life, this Smith Mountain Lake water access home with seasonal lake views has all of the amenities the prestigious Waverly subdivision offers: a waterfront clubhouse, community pool, leased covered boat slip options, both tennis and pickleball courts, a three-acre park, and over two miles of paved walking paths. Active Clubs. Active Community. Instant friends. This special place, 245 Waverly, is centrally located to all SML has to offer by both land and water, and is a haven for your day-to-day living that will align with your wants and needs.This home is understated in its elegance and has well-appointed finishes in excellent condition: Solid Oak Flooring. Solid Cherry Cabinetry. Granite. Soaring Ceilings. Multiple Covered Sitting Porches. Main Level Master.

Last Agent to Sell the Property

Margaret Craye

EXP REALTY LLC - SML License #0225212186 Listed on: 12/13/2022

EXP REALTY LLC - SML

Last Buyer's Agent

MARGARET CRAYE

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,213

Year Built

  • Built in 2004

Lot Details

  • 31,799 Sq Ft Lot
  • Wooded Lot
  • Property is zoned R1

HOA Fees

  • $82 Monthly HOA Fees

Home Design

  • Stone Siding
  • Hardboard

Interior Spaces

  • 1.5-Story Property
  • Central Vacuum
  • Wired For Sound
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Lake Views
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • In-Law or Guest Suite

Basement

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

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating
  • Heat Pump System
  • Heating System Uses Gas
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 33

Community Details

Overview

  • Maurean Baker Association
  • Waverly Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,213

Year Built

Built in 2004

Lot Details

0.73 Acres

HOA Fees

$82 per month

Listing Details

  • Interior Features: Audio-Video Wired, Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace
  • Heating System: Gas - Propane, Heat Pump Electric, Zoned Heat
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Central Vacuum, Cook Top, Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Paved Driveway
  • Views: Lake
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1885.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel Available
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1443.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Phone Email: mbaker@ams-va.com | (540) 296-0991
  • P O A Condo Contact Name: Maurean Baker
  • POACondoDues: 82.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 3111
  • TotalBdrm: 4
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 4554.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1226.00
  • WaterAccOnlyAAccessOnOffSite: On Site
  • WaterAccOnlyB: Other - See Remarks
  • Water Class: Water Access Only
  • 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: Community System
  • Water Heater Type: Tank

Association/Amenities

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

Lot Info

  • Lot Description: Varied, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.73
  • Lot: 33
  • ZoningCode: R1

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 2004

Tax Info

  • Taxes (6 mo): 3212.88

MLS Schools

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

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 13, 2022
Closed on
Jun 2, 2023
Sold by
Bought by
Seller's Agent
Margaret Craye
EXP REALTY LLC - SML
Buyer's Agent
Margaret Craye
EXP REALTY LLC - SML
List Price
$749,900
Sold Price
$740,000
Premium/Discount to List
-$9,900
-1.32%
Views
494
Current Estimated Value
$1,053,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,043
Avg. Annual Appreciation
11.58%
Original Mortgage
$130,000
Outstanding Balance
$125,104
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$927,939

Purchase Details

Closed on
Sep 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.12%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$740,000 Old Republic National Title
-- --
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
Open $130,000
Previous Owner $406,000
Previous Owner $175,000
Previous Owner $256,500
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
06/05/2023 06/05/23 Sold $740,000 -1.3% $162 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
12/13/2022 12/13/22 For Sale $749,900 -- $165 / 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
2025 $3,176 $738,600 $90,000 $648,600
2024 $3,176 $738,600 $90,000 $648,600
2023 $3,213 $526,700 $85,000 $441,700
2022 $3,213 $526,700 $85,000 $441,700
2021 $3,213 $526,700 $85,000 $441,700
2020 $3,213 $526,700 $85,000 $441,700
2019 $3,142 $515,100 $85,000 $430,100
2018 $3,142 $515,100 $85,000 $430,100
2017 $2,833 $533,900 $85,000 $448,900
2016 $2,833 $533,900 $85,000 $448,900
2015 $2,883 $533,900 $85,000 $448,900
2014 $2,883 $533,900 $85,000 $448,900
2013 $2,883 $533,900 $85,000 $448,900
Source: Public Records

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 894847

Roanoke Valley Association of REALTORS®

APN: 0481011600

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