NOT LISTED FOR SALE

296 Cove Dr Wirtz, VA 24184

Estimated Value: $778,000 - $1,167,000

4 Beds
2 Baths
2,352 Sq Ft
$414/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $485,000 $206 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,497/month

163 Days on Market

Highlights

  • 531 Feet of Waterfront
  • 1 Dock Slip
  • Contemporary Architecture
  • Marina
  • Lake View
  • Covered Patio or Porch

About This Home

As of March 2016

If you are looking for a lakefront home situated on a beautiful point waterfront lot, great lake views, FLAT LOT, deep water, private, nice dock, remodeled, and approximately 531 ft. of waterfront... then this is the home for you. Priced 39,400 below assessed value. 4 BR, 2 BA.

Co-Listed By

Charlene Jones

RE/MAX LAKEFRONT REALTY INC License #0225062022

RE/MAX LAKEFRONT REALTY INC

Last Buyer's Agent

Tricia Johnson

PROPERTY NAVIGATORS LLC License #0225079258

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,182

Year Built

  • Built in 1970

Lot Details

  • 1.24 Acre Lot
  • 531 Feet of Waterfront
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Lake Views
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 1 Car Attached Garage
  • 4 Open Parking Spaces

Outdoor Features

  • Personal Watercraft Lift
  • Rip-Rap
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Covered Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 32

Community Details

Overview

  • Twin Chimneys Subdivision

Amenities

  • Restaurant

Recreation

  • Marina

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,182

Year Built

Built in 1970

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Interior Features: Ceiling Fan, Gas Log Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Patio, Paved Driveway
  • Views: Lake
  • BedroomsBREntryLevel: 4
  • EntryAboveGrdFin Sq Ft: 1176.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2352
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 531.00
  • LowerBelowGrdFin Sq Ft: 1176.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 1.00
  • POACondoDues: 50.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2016-02-20
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: Twin Chimneys
  • Total Above Grd Fin S Q F T: 1176
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2352.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Other
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: B26
  • WaterDetailsNumberCoveredSlips: 1
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well

Association/Amenities

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

Schools

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

Lot Info

  • Lot Description: Level Lot, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.24
  • Lot: 32
  • ZoningCode: R1

Green Features

  • Water Features: Point, Riprap Shoreline

Rental Info

  • Tenant: Derick and Cheryle

Building Info

  • Year Built: 1970

Tax Info

  • Taxes (6 mo): 3182.00
  • FILLTAXID: 0470200100

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Gibson Jacob E and Gibson Kimberly J
Bought by
Jacob E Gibson Revocable Trust and Kimberly James Gibson Revocable Trust
Current Estimated Value
$974,732

Purchase Details

Listed on
Sep 10, 2015
Closed on
Mar 19, 2016
Sold by
Macshack Properties Llc
Bought by
Gibson Jacob E and Gibson Kimberly J
Buyer's Agent
Tricia Johnson
PROPERTY NAVIGATORS LLC
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$388,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2013
Sold by
Mccarney Michael
Bought by
Macshack Properties Llc
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
Jacob E Gibson Revocable Trust -- None Listed On Document
Gibson Jacob E $485,000 Fidelity National Title Insu
Macshack Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Jacob E $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $485,000 -2.8% $206 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
09/10/2015 09/10/15 For Sale $499,000 -- $212 / 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 $3,904 $908,000 $413,000 $495,000
2023 $3,737 $612,600 $311,000 $301,600
2022 $3,670 $601,700 $311,000 $290,700
2021 $3,170 $519,600 $311,000 $208,600
2020 $3,170 $519,600 $311,000 $208,600
2019 $3,137 $514,300 $311,000 $203,300
2018 $3,137 $514,300 $311,000 $203,300
2017 $2,829 $578,400 $380,000 $198,400
2016 $2,756 $578,400 $380,000 $198,400
2015 $3,123 $578,400 $380,000 $198,400
2014 $3,123 $578,400 $380,000 $198,400
2013 $3,123 $578,400 $380,000 $198,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 819163

Roanoke Valley Association of REALTORS®

APN: 0470200100