NOT LISTED FOR SALE

301 Chestnut Point Dr Hardy, VA 24101

Estimated Value: $793,000 - $1,098,000

3 Beds
3.5 Baths
3,120 Sq Ft
$306/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $850,000 $272 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,543/month

5 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 1 Dock Slip
  • Lake View
  • Dudley Elementary School Rated A-
  • Greenhouse
  • Deck

About This Home

As of April 2024

Discover your piece of paradise at Smith Mountain Lake! Experience serenity & the breathtaking open-concept Lake Home - stunning views of the sunshine & the lake. As you step inside, the allure of the lake draws you in. The spacious layout with a wall of windows allows natural light to fill the space, instantly calming your senses. From the inviting entry to the expansive decks overlooking the lakeside, relaxation awaits at every turn. Spend evenings admiring the stars from the dock, creating unforgettable memories with loved ones. Nestled in the Chestnut Pointe, this idyllic retreat provides the perfect setting to unwind. This home offers tranquility & convenience. It is conveniently located near Westlake Retail by land & just a stone's throw away from the Bridge & restaurants by water.

Last Agent to Sell the Property

Deborah Beran

DEB BERAN PROPERTIES License #0225040422 Listed on: 02/23/2024

Last Buyer's Agent

Glenda McDaniel

LONG & FOSTER - SMITH MTN LAKE License #0225154920

LONG & FOSTER - SMITH MTN LAKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,941

Year Built

  • Built in 1997

Lot Details

  • 0.73 Acre Lot
  • 100 Feet of Waterfront
  • Gentle Sloping Lot
  • Garden
  • Property is zoned 24101

Home Design

  • Contemporary Architecture

Interior Spaces

  • Gas Log Fireplace
  • Insulated Doors
  • Great Room with Fireplace
  • Storage
  • Lake Views
  • Partial Basement

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Outdoor Features

  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Deck
  • Greenhouse
  • Shed
  • Rear Porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Chestnut Pointe Subdivision

Listing and Financial Details

  • Tax Lot 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,941

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Interior Features: Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Garden Space, Greenhouse, Other - See Remarks, Storage Shed
  • Views: Lake
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1560.00
  • ExteriorDoors: Insulated
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 2
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Other, See Remarks
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 100.00
  • LowerBelowGrdFin Sq Ft: 1560.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: Chestnut Pointe
  • Total Above Grd Fin S Q F T: 1560
  • TotalBdrm: 3
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3120.00
  • TotalHBaths: 1
  • Uncovered Parking: Designated Spaces
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: R37
  • WaterDetailsNumberCoveredSlips: 1
  • 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: Rear Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Satellite Dish

Lot Info

  • Lot Description: Gentle Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.73
  • Lot: 10
  • ZoningCode: 24101

Green Features

  • Water Features: Cove, Riprap Shoreline

Building Info

  • Year Built: 1997

Tax Info

  • Taxes (6 mo): 4941.00

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
Feb 23, 2024
Closed on
Apr 22, 2024
Sold by
Johnson Laurie and Stokes William
Bought by
Gerbers Todd David and Gerbers Kimberly Renee
Seller's Agent
Deborah Beran
DEB BERAN PROPERTIES
Buyer's Agent
Glenda McDaniel
LONG & FOSTER - SMITH MTN LAKE
List Price
$850,000
Sold Price
$850,000
Views
10
Current Estimated Value
$1,014,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,439
Avg. Annual Appreciation
6.96%
Original Mortgage
$765,000
Outstanding Balance
$752,560
Interest Rate
6.75%
Mortgage Type
Construction
Estimated Equity
$202,344
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gerbers Todd David $850,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerbers Todd David $765,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2024 04/29/24 Sold $850,000 0.0% $272 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $850,000 -- $272 / 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
2025 $3,488 $811,200 $152,000 $659,200
2024 $811,200 $811,200 $152,000 $659,200
2023 $3,072 $503,600 $145,000 $358,600
2022 $3,031 $503,600 $145,000 $358,600
2021 $2,919 $478,600 $145,000 $333,600
2020 $2,919 $478,600 $145,000 $333,600
2019 $1,098 $462,100 $145,000 $317,100
2018 $2,819 $462,100 $145,000 $317,100
2017 $2,542 $466,000 $145,000 $321,000
2016 $2,542 $466,000 $145,000 $321,000
2015 $2,516 $466,000 $145,000 $321,000
2014 $2,516 $466,000 $145,000 $321,000
2013 $2,516 $466,000 $145,000 $321,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 905230

Roanoke Valley Association of REALTORS®

APN: 0150600800