NOT LISTED FOR SALE

385 Lakemount Dr Moneta, VA 24121

Estimated Value: $781,344 - $1,057,000

4 Beds
2 Baths
2,254 Sq Ft
$420/Sq Ft Est. Value

Sale Details

Date Sold: August 7, 2020

Last sale price $602,000 $267 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,212 / mo

3 Days on Market

Highlights

  • 260 Feet of Waterfront
  • Docks
  • Lake View
  • Dudley Elementary School Rated A-
  • Horses Allowed On Property
  • 5.1 Acre Lot

About This Home

As of August 2020

Enjoy Private on the Waters of Smith Mountain Lake! 5 acres of seclusion with 260 feet of waterfrontage on Smith Mountain Lake! This completely renovated home with large dock, new floor, new cabinets, new granite, new roof, new HVAC. Open floor plan, tasteful colors, beautiful views of Smith Mtn Lake, stainless steel appliances, finished basement and easy walk to water with large sundeck! 5 minutes by boat to Bridgewater Plaza and 5 minute drive by land to Westlake, Fantastic location! Won't last long at the affordable price!

Last Agent to Sell the Property

Tricia Johnson

PROPERTY NAVIGATORS LLC License #0225079258 Listed on: 07/03/2020

Last Buyer's Agent

Barbara Johnston

SOUTH LAKE REAL ESTATE LLC License #0225041984

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1991

Lot Details

  • 5.1 Acre Lot
  • 260 Feet of Waterfront
  • Gentle Sloping Lot

Home Design

  • Cottage

Interior Spaces

  • Ceiling Fan
  • Sliding Doors
  • Storage
  • Laundry on main level
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

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

Basement

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

Outdoor Features

  • Party Deck
  • Rip-Rap
  • Boat Hoist or Davit
  • Docks
  • Deck
  • Patio
  • Shed
  • Front Porch

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

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

Community Details

Overview

  • No Home Owners Association

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 1991

Lot Details

5.1 Acres

Listing Details

  • Interior Features: Ceiling Fan, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Range Hood, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Patio, Storage Shed
  • Views: Lake
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1288.00
  • ExteriorDoors: Full View, Sliding
  • FullBathsFullBathsLowerLvl: 1
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 260.00
  • LowerBelowGrdFin Sq Ft: 966.00
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Cottage
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1288
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2254.00
  • Water Class: Waterfront Property
  • WaterDetails: Short Term Rental
  • 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

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Horses Permitted

Lot Info

  • Lot Description: Gentle Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 5.10

Green Features

  • Water Features: Main Channel, Riprap Shoreline

Building Info

  • Year Built: 1991

Tax Info

  • Taxes (6 mo): 1800.00

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
Jul 22, 2025
Sold by
Lindquist Robert A
Bought by
Lindquist Robert A and Lindquist Steven Howard
Current Estimated Value
$946,336

Purchase Details

Closed on
Oct 3, 2023
Sold by
Angle Sheila T
Bought by
Angle Sheila T and Angle Brian E

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 5, 2020
Sold by
The Bottom Group Llc
Bought by
Lindquist Robert A
Seller's Agent
Tricia Johnson
PROPERTY NAVIGATORS LLC
Buyer's Agent
Barbara Johnston
SOUTH LAKE REAL ESTATE LLC
List Price
$599,900
Sold Price
$602,000
Premium/Discount to List
$2,100
0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$510,400
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2018
Sold by
Bottomley Group Llc
Bought by
Snapp Danielle G

Purchase Details

Closed on
Jun 1, 2016
Sold by
Bupp Preston L and Bupp Helen J
Bought by
Cit Bank N A
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
Lindquist Robert A -- Court Street Title
Lindquist Robert A -- Court Street Title
Angle Sheila T -- None Listed On Document
Lindquist Robert A $602,000 Fidelity National Ttl Ins Co
Snapp Danielle G $175,000 None Available
Cit Bank N A $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lindquist Robert A $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $602,000 +0.4% $267 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $599,900 +185.7% $266 / Sq Ft
09/06/2016 09/06/16 Sold $210,000 +45.6% $163 / Sq Ft View Prior Sale
07/29/2016 07/29/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $144,200 -- $112 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $2,742 $637,600 $232,000 $405,600
2024 $2,742 $637,600 $232,000 $405,600
2023 $2,529 $414,600 $175,000 $239,600
2022 $2,529 $414,600 $175,000 $239,600
2021 $2,529 $414,600 $175,000 $239,600
2020 $2,529 $414,600 $175,000 $239,600
2019 $1,693 $277,500 $175,000 $102,500
2018 $1,693 $277,500 $175,000 $102,500
2017 $1,526 $433,500 $245,000 $188,500
2016 $1,526 $433,500 $245,000 $188,500
2015 $2,341 $433,500 $245,000 $188,500
2014 $2,341 $433,500 $245,000 $188,500
2013 $2,341 $433,500 $245,000 $188,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 870995

Roanoke Valley Association of REALTORS®

APN: 0150005204

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