NOT LISTED FOR SALE

400 Spinnaker Way Moneta, VA 24121

Estimated Value: $215,000 - $254,000

1.6 Acres
$143,081 Price per Acre
69,696 Sq Ft Lot

Last Sold January 28, 2022

Last sale price $117,000 $87 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,271/month

3 Days on Market

Highlights

  • Boat Dock
  • Mountain View
  • Level Lot
  • Water Access
  • Garage

About This Lot

As of January 2022

Nice private lot located in Snug Harbor. This lot formally had a 4 bedroom 2.5 bath home on it but no longer does due to a fire. The foundation for the former home is still present and can be used to place a modular home or rebuild on. Existing is a large two car garage with a 2 bedroom. 1 bath apartment over it. The lot also features a large paved driveway, two sheds with electric and a gazebo with a beautiful brick oven and outdoor stainless steel grill. There are two wells on the property, one of which is currently full functional. New water system and split function HVAC unit to the apartment and the garage. There is also an osmosis system in place. The back yard has been recently fully fenced in as well. Lots of opportunity in a desired subdivision with community lake access!

Last Agent to Sell the Property

Lindsey Carroll

COLDWELL BANKER TOWNSIDE, REALTORS(r) License #0225209718 Listed on: 09/16/2021

COLDWELL BANKER TOWNSIDE, REALTORS(r)

Last Buyer's Agent

Alla Scott

COLDWELL BANKER TOWNSIDE, REALTORS(r) License #0225215407

COLDWELL BANKER TOWNSIDE, REALTORS(r)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,124

Lot Details

  • 1.6 Acre Lot
  • Property fronts a private road
  • 0.5 Acres are fenced
  • Level Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Garage

Schools

  • Moneta Elementary School
  • Staunton River Middle School
  • Staunton River High School

Additional Features

  • Mountain Views
  • Mobile Home Allowed
  • Underground Utilities

Listing and Financial Details

  • Legal Lot and Block 16 / 6

Community Details

Overview

  • Liz, Jkg Accounting Association
  • Snug Harbor Subdivision

Recreation

  • Boat Dock
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,124

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Type: Land
  • Views: Mountain
  • CondoAssocYN: No
  • ElectricDescription: Below Ground
  • Internet Access: Other, See Remarks
  • Land Sub Type: Residential - Single Family
  • Major Area: 06 - Bedford County
  • Phone Email: elizabeth@jkgaccounting.com
  • P O A Condo Contact Name: Liz, JKG Accounting
  • POATerms: Annual
  • Hoa2 Or Poa: Yes
  • RatifiedContractDt: 2021-09-19
  • WaterAccessOnlyB: Community Dock
  • Water Class: Water Access Only
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Underground Util

Schools

  • Elementary School: Moneta
  • Middle School: Staunton River
  • High School: Staunton River

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope, Level
  • Total Acreage: 1.60
  • Lot: 16
  • Fenced Acres: 0.50
  • Cleared Acres: 1.60
  • Land Type: Lot

Tax Info

  • Taxes (6 mo): 1124.50
  • FILLTAXID: 23208600

MLS Schools

  • Elementary School: Moneta
  • HighSchool: Staunton River
  • Middle School: Staunton River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Jan 27, 2022
Sold by
Guzman Jose J and Guzman Jose J
Bought by
Lynn Heather Nicole and Groah Ryan Daniel
Seller's Agent
Lindsey Carroll
COLDWELL BANKER TOWNSIDE, REALTORS(r)
Buyer's Agent
Alla Scott
COLDWELL BANKER TOWNSIDE, REALTORS(r)
List Price
$114,000
Sold Price
$117,000
Premium/Discount to List
$3,000
2.63%
Current Estimated Value
$228,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,929
Avg. Annual Appreciation
19.77%
Original Mortgage
$99,450
Outstanding Balance
$91,971
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$136,958

Purchase Details

Listed on
Jul 5, 2016
Closed on
Oct 26, 2017
Sold by
Wilkinson Herman E and Wilkinson Linda
Bought by
Guzman Jose J and Guzman Samantha L
Seller's Agent
Pat Bailey
CB SALES AND RENTALS INC
Buyer's Agent
Debra Giles
EXP REALTY LLC - STAFFORD
List Price
$220,000
Sold Price
$228,800
Premium/Discount to List
$8,800
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.79%
Original Mortgage
$224,655
Interest Rate
4.37%
Mortgage Type
FHA
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
Lynn Heather Nicole $117,000 Fidelity National Title
Guzman Jose J $228,000 First Choice Title & Stlmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Heather Nicole $99,450
Previous Owner Guzman Jose J $224,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2022 01/28/22 Sold $117,000 +2.6% $87 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $114,000 -50.2% $84 / Sq Ft
11/21/2017 11/21/17 Sold $228,800 +4.0% $73 / Sq Ft View Prior Sale
10/13/2017 10/13/17 Pending -- -- --
07/05/2016 07/05/16 For Sale $220,000 -- $70 / 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 $472 $115,000 $45,000 $70,000
2024 $472 $115,000 $45,000 $70,000
2023 $472 $57,500 $0 $0
2022 $1,125 $112,450 $0 $0
2021 $1,125 $224,900 $35,000 $189,900
2020 $1,125 $224,900 $35,000 $189,900
2019 $1,125 $224,900 $35,000 $189,900
2018 $955 $183,700 $27,000 $156,700
2017 $955 $183,700 $27,000 $156,700
2016 $955 $183,700 $27,000 $156,700
2015 $955 $183,700 $27,000 $156,700
2014 $956 $183,800 $27,000 $156,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 883832

Roanoke Valley Association of REALTORS®

APN: 232-1-6-16