NOT LISTED FOR SALE

40 Windlass Point Dr Moneta, VA 24121

Estimated Value: $618,000 - $727,000

2 Beds
3.5 Baths
2,016 Sq Ft
$333/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $355,000 $176 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,005/month

26 Days on Market

Highlights

  • 1 Dock Slip
  • Lake View
  • Deck
  • Dudley Elementary School Rated A-
  • Waterfront
  • 1 Car Attached Garage

About This Home

As of February 2021

Three level Townhouse with OPEN WATER VIEWS of Smith Mountain Lake. Furnished with 1 car garage & deeded covered boat slip. Convenient location to shopping, medical & restaurant.

Last Agent to Sell the Property

Tim Basham

RE/MAX LAKEFRONT REALTY INC License #0225037339 Listed on: 11/18/2020

RE/MAX LAKEFRONT REALTY INC

Last Buyer's Agent

Deborah Beran

DEB BERAN PROPERTIES License #0225040422

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,174

Year Built

  • Built in 1984

Lot Details

  • Waterfront
  • Gentle Sloping Lot

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2,016 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Rip-Rap
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Deck

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

  • Researching Association
  • Fairway Bay Subdivision

Listing and Financial Details

  • Tax Lot 3

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,174

Year Built

Built in 1984

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Interior Features: Ceiling Fan, Gas Log Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Townhouse
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Range Hood, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Paved Driveway
  • Views: Lake
  • EntryAboveGrdFin Sq Ft: 784.00
  • Entry Below Grd Fin S Q F T: 616
  • ExteriorDoors: Sliding
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Phone Email: Researching
  • P O A Condo Contact Name: Researching
  • POACondoDues: 275.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Attached
  • Total Above Grd Fin S Q F T: 1400
  • TotalBdrm: 2
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2016.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 616.00
  • WaterAccOnlyB: Deed/Assgn Dock
  • Water Class: Waterfront Property
  • WaterDetailsNumberCoveredSlips: 1
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Paved Road

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Lot: 3

Green Features

  • Water Features: Main Channel, Riprap Shoreline

Building Info

  • Year Built: 1984

Tax Info

  • Taxes (6 mo): 2174.00

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
Nov 18, 2020
Closed on
Feb 19, 2021
Sold by
Nash Brett M
Bought by
Hedding Thomas Alan and Evans Leslie Susan
Seller's Agent
Tim Basham
RE/MAX LAKEFRONT REALTY INC
Buyer's Agent
Deborah Beran
DEB BERAN PROPERTIES
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Current Estimated Value
$671,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,190
Avg. Annual Appreciation
14.00%
Original Mortgage
$284,000
Outstanding Balance
$253,203
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$417,987

Purchase Details

Closed on
Jul 27, 2016
Sold by
Lynch Charles E
Bought by
Nash Brett M
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
Hedding Thomas Alan $355,000 Fidelity National Ttl Ins Co
Nash Brett M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedding Thomas Alan $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $355,000 -5.3% $176 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $375,000 -- $186 / 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 $2,558 $594,800 $90,000 $504,800
2024 $2,558 $594,800 $90,000 $504,800
2023 $2,174 $356,400 $80,000 $276,400
2022 $2,174 $356,400 $80,000 $276,400
2021 $2,174 $356,400 $80,000 $276,400
2020 $2,174 $356,400 $80,000 $276,400
2019 $1,727 $283,100 $80,000 $203,100
2018 $1,727 $283,100 $80,000 $203,100
2017 $1,557 $250,200 $65,000 $185,200
2016 $1,557 $250,200 $65,000 $185,200
2015 $1,351 $250,200 $65,000 $185,200
2014 $1,351 $250,200 $65,000 $185,200
2013 $1,351 $250,200 $65,000 $185,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 875187

Roanoke Valley Association of REALTORS®

APN: 0310702200