NOT LISTED FOR SALE

45 Compass Cove Cir Moneta, VA 24121

Estimated Value: $1,757,127 - $1,918,000

6 Beds
5 Baths
4,216 Sq Ft
$436/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $1,575,000 $374 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,026/month

137 Days on Market

Highlights

  • 95 Feet of Waterfront
  • Marina
  • Golf Course Community
  • Dudley Elementary School Rated A-
  • 1 Dock Slip
  • Public Beach

About This Home

As of September 2023

Harnessing the power of the sun, this luxury Smith Mountain Lake home is fully supported by gathered solar power resultingin zero energy costs annually for the current owners. Here, waterfront living is easily afforded and experienced through gracious living spaces both indoors andout. Upon entering, the interior of this remarkable property offers exemplary mountain and lake views looking out from the mouth of a deep water cove and overthe gentle beach at the shoreline that reaches far and wide over clear, clean water. This is true of nearly every room. Three of the five bedrooms in the main houseare master suites boasting those same incredible views. On the main level, the open concept design, cathedral ceiling, and banks of soaring windows create aseamless integration with your

Last Agent to Sell the Property

Margaret Craye

EXP REALTY LLC - SML License #0225212186 Listed on: 04/06/2023

EXP REALTY LLC - SML

Last Buyer's Agent

Dawn Lambert

EXP REALTY LLC - SML License #0225224587

EXP REALTY LLC - SML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,724

Year Built

  • Built in 2004

Lot Details

  • 0.48 Acre Lot
  • 95 Feet of Waterfront
  • Public Beach
  • Cul-De-Sac
  • Lot Sloped Down
  • Property is zoned R1

HOA Fees

  • $33 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Hardboard

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Sliding Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Eco-Friendly Details

  • Heating system powered by active solar
  • Heating system powered by passive solar

Outdoor Features

  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Covered Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 50

Community Details

Overview

  • Kitty Powers Association
  • Compass Cove Subdivision

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,724

Year Built

Built in 2004

Lot Details

0.48 Acres

HOA Fees

$33 per month

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Active Solar Heat, Gas - Propane, Heat Pump Electric
  • Fireplace(s): Den, Family Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Gas, Range Hood, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Paved Driveway
  • Views: Lake, Mountain, Sunrise, Sunset
  • BedroomsBREntryLevel: 2
  • BedroomsBROtherLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1937.00
  • ExteriorDoors: Full View, Sliding
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 2
  • FullBathsFullBathsOtherLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel Available
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 95.00
  • LowerBelowGrdFin Sq Ft: 1753.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRLowerLvl: 2
  • MasterBedroomsMasterBROtherLvl: 1
  • NumberPrimCovSpaces: 2.00
  • OtherAboveGrdFin Sq Ft: 526.00
  • Phone Email: compasscovehoa@gmail.com
  • P O A Condo Contact Name: Kitty Powers
  • POACondoDues: 400.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • Primary Covered Parking S Q F T: 482
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: 1 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2463
  • TotalBdrm: 6
  • TotalBths: 5.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 5
  • Total Finished Sq Ft: 4216.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • 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: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

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

Green Features

  • Energy Features: Passive Solar Heat
  • Water Features: Beach, Cove, Main Channel, Riprap Shoreline

Lot Info

  • Lot Description: Down Slope, Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.48
  • Lot: 50
  • Phase: 1
  • ZoningCode: R1

Building Info

  • Year Built: 2004

Tax Info

  • Taxes (6 mo): 4724.45

MLS Schools

  • Elementary School: Dudley
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Sep 14, 2023
Sold by
Loughran Anthony W and Loughran Julia J
Bought by
Kocher Kenneth and Kocher Kimberly
Seller's Agent
Margaret Craye
EXP REALTY LLC - SML
Buyer's Agent
Dawn Lambert
EXP REALTY LLC - SML
List Price
$1,750,000
Sold Price
$1,575,000
Premium/Discount to List
-$175,000
-10%
Views
408
Current Estimated Value
$1,837,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,282
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Dec 12, 2008
Sold by
Zechini Daryl Scott and Gay Horace Duane
Bought by
Loughran Anthony W and Loughran Julia J

Purchase Details

Closed on
Jun 2, 2005
Sold by
D S Zechini Construction Inc
Bought by
Zechini Daryl Scott and Gay Horace Duane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
5.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Kocher Kenneth $1,575,000 Old Republic National Title
Kocher Kenneth $1,575,000 Old Republic National Title
Loughran Anthony W $937,500 --
Zechini Daryl Scott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zechini Daryl Scott $710,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $1,575,000 -7.3% $374 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
07/03/2023 07/03/23 Price Changed $1,699,900 -2.9% $403 / Sq Ft
04/06/2023 04/06/23 For Sale $1,750,000 -- $415 / 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 $6,680 $1,553,600 $262,000 $1,291,600
2024 $6,680 $1,553,600 $262,000 $1,291,600
2023 $4,637 $760,100 $255,000 $505,100
2022 $4,724 $774,500 $255,000 $519,500
2021 $4,724 $774,500 $255,000 $519,500
2020 $4,724 $774,500 $255,000 $519,500
2019 $4,569 $749,000 $255,000 $494,000
2018 $4,569 $749,000 $255,000 $494,000
2017 $4,120 $757,300 $255,000 $502,300
2016 $4,120 $757,300 $255,000 $502,300
2015 $4,089 $757,300 $255,000 $502,300
2014 $4,089 $757,300 $255,000 $502,300
2013 $4,089 $757,300 $255,000 $502,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 897211

Roanoke Valley Association of REALTORS®

APN: 0481405000

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