NOT LISTED FOR SALE

340 Lakecrest Dr Hardy, VA 24101

Estimated Value: $780,000 - $947,000

3 Beds
3 Baths
2,528 Sq Ft
$338/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $750,000 $297 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,028/month

6 Days on Market

Highlights

  • 328 Feet of Waterfront
  • 2 Dock Slips
  • Deck
  • Windy Gap Elementary School Rated A-
  • Lake View
  • Cathedral Ceiling

About This Home

As of October 2023

This Pointe Lot overlooking the main channel offers over 300' of shoreline with a gentle walk to a covered Cabana equipped with a mini refrigerator, storage area, fire pit, tons of seating, and a swing overlooking gorgeous lake views! A few steps away is a 2-slip covered dock and a spacious stationary dock in a private, deep water cove perfect for fishing, swimming, and floating. This home offers 2 bedrooms and 2 full baths on the main level, cathedral ceilings, and an open floor plan in the great room, kitchen, & dining with two sets of double doors leading to the deck! The terrace level offers a 3rd bedroom with a full bath, a family room, and a second full kitchen! Most furnishings convey, minus sentimental and personal items! This home offers stunning sunrise and lake views!

Last Listed By

Teresa Grant

KELLER WILLIAMS REALTY LYNCHBURG License #0225087218 Listed on: 08/15/2023

KELLER WILLIAMS REALTY LYNCHBURG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1998

Lot Details

  • 0.87 Acre Lot
  • 328 Feet of Waterfront
  • Cul-De-Sac
  • Gentle Sloping Lot
  • Garden

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • Off-Street Parking

Interior Spaces

  • 1-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Doors
  • Storage
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • No Wake Zone
  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 2 Dock Slips
  • Deck
  • Covered patio or porch
  • Gazebo

Schools

  • Windy Gap Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

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

Community Details

  • Lynville On The Lake Subdivision

Listing and Financial Details

  • Tax Lot 21

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,150

Year Built

Built in 1998

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Cathedral Ceiling, Ceiling Fan, Storage
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Garden Space, Gazebo, Patio
  • Views: Lake, Sunrise
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1288.00
  • ExteriorDoors: Fiberglass, Insulated
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2576
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 328.00
  • LowerBelowGrdFin Sq Ft: 1240.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • POACondoDues: 240.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2023-09-04
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 1288
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2528.00
  • TotalUnfin Sq Ft: 48.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 48.00
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: R61
  • WaterDetailsNumberCoveredSlips: 2
  • 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: Side Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

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

Schools

  • Elementary School: Windy Gap
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Lot Description: Gentle Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.87
  • Lot: 21

Green Features

  • Water Features: No Wake Area, Point, Riprap Shoreline

Building Info

  • Year Built: 1998

Tax Info

  • Taxes (6 mo): 2150.00
  • FILLTAXID: 0120111100

MLS Schools

  • Elementary School: Windy Gap
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Oct 13, 2023
Sold by
Cummings Kenneth E
Bought by
Bailey David and Bailey Linda
Seller's Agent
Teresa Grant
KELLER WILLIAMS REALTY LYNCHBURG
Buyer's Agent
Peg Wheeler
DEB BERAN PROPERTIES
List Price
$700,000
Sold Price
$750,000
Premium/Discount to List
$50,000
7.14%
Total Days on Market
6
Views
16
Current Estimated Value
$855,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,184
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Aug 27, 2015
Sold by
Cummings Kenneth Earl
Bought by
Weaver David Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2009
Sold by
Bcw Sml Llc
Bought by
Cummings Kenneth Earl and Weaver David Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2005
Sold by
Cummings Kenneth Earl and Weaver David Dale
Bought by
Bcwsml Llc

Purchase Details

Closed on
Oct 4, 2005
Sold by
Hemberg R Norman and Hemberg Jean R
Bought by
Cummings Kenneth Earl and Weaver David Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Bailey David $750,000 Court Street Title
Weaver David Dale $65,000 None Available
Cummings Kenneth Earl -- --
Bcwsml Llc -- --
Cummings Kenneth Earl $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weaver David Dale $287,500
Previous Owner Weaver David D $320,000
Previous Owner Cummings Kenneth Earl $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $750,000 +7.1% $297 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $700,000 -- $277 / 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 $3,201 $744,300 $255,000 $489,300
2023 $2,150 $352,500 $150,000 $202,500
2022 $2,150 $352,500 $150,000 $202,500
2021 $2,150 $352,500 $150,000 $202,500
2020 $2,150 $352,500 $150,000 $202,500
2019 $2,114 $346,500 $150,000 $196,500
2018 $2,114 $346,500 $150,000 $196,500
2017 $1,906 $313,800 $140,000 $173,800
2016 $1,906 $313,800 $140,000 $173,800
2015 -- $313,800 $140,000 $173,800
2014 -- $313,800 $140,000 $173,800
2013 -- $307,300 $140,000 $167,300
Source: Public Records

Agents Affiliated with this Home

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Source: Roanoke Valley Association of REALTORS®

MLS Number: 900814

Roanoke Valley Association of REALTORS®

APN: 0120111100