$1,075,000
SOLD MAR 3, 2025

265 Marvin Gardens Dr Moneta, VA 24121

5 Beds
3 Baths
3,456 Sq Ft
0.67 Acres

Recently Sold

$311 Per Sq Ft

10% Below List Price

39 Days on Market

Highlights

  • 124 Feet of Waterfront
  • Lake View
  • Ranch Style House
  • Covered Dock
  • Deck
  • Cathedral Ceiling

About This Home

As of March 2025

This waterfront home is situated in the premier Park Place Subdivision on SmithMountain Lake. Located on a quiet cove, perfect for boating, swimming, kayaking, andpaddle boarding. Nestled in a peaceful cul-de-sac with direct water access, it's Ideal forthose who enjoy lakeside living. This house is in great condition, featuring high-endfinishes, hardwood floors, modern appliances and elegant fixtures with a spacious splitbedroom, open concept floor plan. The lower-level family room with wet bar walks out to a full-length patio with an easy walk to the dock, no steps. The dock has two lifts with an automatic boat cover. The Franklin County Community Park with sandy beach,fishing pier and trails is located within the neighborhood. Convenient to restaurants,shopping, and

Last Agent to Sell the Property

Angie McGhee

MKB, REALTORS(r) - FRANKLIN CO License #0225095935 Listed on: 01/03/2025

MKB, REALTORS(r)  - FRANKLIN CO

Last Buyer's Agent

Kem Cobb

ELITE REALTY License #0225050447

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,690

Year Built

  • Built in 2002

Lot Details

  • 0.67 Acre Lot
  • 124 Feet of Waterfront
  • Cul-De-Sac
  • Level Lot
  • Garden

Home Design

  • Ranch Style House
  • Hardboard

Interior Spaces

  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Sliding Doors
  • Storage
  • Laundry on main level
  • Lake Views

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Dock has a Storage Area
  • Boat Hoist or Davit
  • Covered Dock
  • Deck
  • Patio

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Park Place Subdivision

Listing and Financial Details

  • Tax Lot Rev Lot 119

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,690

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Indirect Lighting, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Central Vacuum, Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Garden Space, Patio, Paved Driveway
  • Views: Lake
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1728.00
  • ExteriorDoors: French, Sliding
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3456
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 124.00
  • LowerBelowGrdFin Sq Ft: 1728.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2025-02-11
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Park Place
  • Total Above Grd Fin S Q F T: 1728
  • TotalBdrm: 5
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3456.00
  • Uncovered Parking: Off Street Parking
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • 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
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.67
  • Lot: Rev Lot 119

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 2002

Tax Info

  • Taxes (6 mo): 3690.00
  • FILLTAXID: 0320812300

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
Mar 4, 2025
Closed on
Feb 28, 2025
Sold by
Bower Joanne F and Houpt Joanne B
Bought by
Sand Times Ss Llc
Seller's Agent
Kem Cobb
Elite Realty
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$1,075,000
Sold Price
$1,075,000
Total Days on Market
39
Views
1
Current Estimated Value
$1,119,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,633
Avg. Annual Appreciation
3.57%

Purchase Details

Listed on
Jul 1, 2016
Closed on
Feb 13, 2017
Sold by
Mcdonald Timothy Y and Mcdonald Lisa W
Bought by
Bower Joanne F
Seller's Agent
Jan McGraw
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Jody Lyons
LYONS TEAM, REALTORS(r)
List Price
$599,900
Sold Price
$563,000
Premium/Discount to List
-$36,900
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$165,000
Interest Rate
4.2%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2008
Sold by
Mckelvey James K and Mckelvey Patricia
Bought by
Mcdonald Timothy J and Mcdonald Lisa W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Deed $1,075,000 Old Republic National Title
Deed $563,000 Fidelity National Title Comp
Deed $529,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,000 FHA
Previous Owner $397,000 New Conventional
Previous Owner $409,000 New Conventional
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 Sold $1,075,000 0.0% $311 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $1,075,000 0.0% $311 / Sq Ft
03/03/2025 03/03/25 Sold $1,075,000 -10.3% $311 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $1,199,000 +113.0% $347 / Sq Ft
02/17/2017 02/17/17 Sold $563,000 -6.2% $163 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
07/01/2016 07/01/16 For Sale $599,900 -- $174 / 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 $3,692 $858,500 $150,000 $708,500
2023 $3,108 $509,500 $145,000 $364,500
2022 $3,108 $509,500 $145,000 $364,500
2021 $3,108 $509,500 $145,000 $364,500
2020 $3,108 $509,500 $145,000 $364,500
2019 $2,935 $481,100 $145,000 $336,100
2018 $2,935 $481,100 $145,000 $336,100
2017 $2,646 $471,900 $145,000 $326,900
2016 $2,646 $471,900 $145,000 $326,900
2015 $2,548 $471,900 $145,000 $326,900
2014 $2,548 $471,900 $145,000 $326,900
2013 $2,548 $471,900 $145,000 $326,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 913382

Roanoke Valley Association of REALTORS®

APN: 0320812300