$1,795,000
SOLD SEP 17, 2021

488 Channelview Dr Moneta, VA 24121

6 Beds
4.5 Baths
3,752 Sq Ft
1.01 Acres

Recently Sold

$478 Per Sq Ft

6% Above List Price

4 Days on Market

Highlights

  • 304 Feet of Waterfront
  • Lake View
  • Contemporary Architecture
  • Floating Dock
  • Deck
  • Family Room with Fireplace

About This Home

As of September 2021

Beautiful waterfront home on an acre lot with amazing long wide lake views, huge double slip dock with gazebo, and three car garage. Recent updates to kitchen and bathes. Very desirable open floor plan with walls of windows that bring in lake views from almost every room. Updated modern kitchen cabinets w granite tops, large island, double ovens, cooktop, dishwasher, SubZero refrigerator and walk in pantry. Main level laundry w lakeviews. Living Area inc stone fireplace, stunning wood ceiling that accentuates height and architectural interest, and access to large expansive deck w Brazilian hardwood and see-thru railings overlooking the lake. Large main level master suite and luxurious bath with adjoining office/exercise room overlooking lake and access to beautiful covered porch. Decorated

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 08/25/2021

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Kathryn Sink

SINK REALTY GROUP LLC License #0225088037

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,900

Year Built

  • Built in 1993

Lot Details

  • 1.01 Acre Lot
  • 304 Feet of Waterfront

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Cathedral Ceiling
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Lake Views
  • Alarm System

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Personal Watercraft Lift
  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • Floating Dock
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

  • Cindy Thomas Association
  • Winding Waters Subdivision

Listing and Financial Details

  • Tax Lot 24

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,900

Year Built

Built in 1993

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Interior Features: Alarm, Cathedral Ceiling, Gas Log Fireplace, Other - See Remarks, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Garage Door Opener, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Other - See Remarks, Patio, Paved Driveway
  • Views: Lake
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 3
  • EntryAboveGrdFin Sq Ft: 2252.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 2
  • Grand Total Attached S Q F T: 3941
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 304.40
  • LowerBelowGrdFin Sq Ft: 1500.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 3.00
  • Phone Email: 812-240-3895
  • P O A Condo Contact Name: Cindy Thomas
  • POACondoDues: 120.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2021-08-29
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: Winding Waters
  • Total Above Grd Fin S Q F T: 2252
  • TotalBdrm: 6
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 3752.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 189.00
  • Unfinished Attached S Q F T Entry Below Grd Unfin S Q F T: 189.00
  • Water Class: Waterfront Property
  • 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: Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Other - See Remarks

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.01
  • Lot: 24

Green Features

  • Water Features: Main Channel, Point, Riprap Shoreline

Rental Info

  • Tenant: Owners Fulltime Call L/A

Building Info

  • Year Built: 1993

Tax Info

  • Taxes (6 mo): 5900.00
  • FILLTAXID: 0320302500

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
Aug 25, 2021
Closed on
Sep 10, 2021
Sold by
Snead Glenn S and Vervaet Yvonne M
Bought by
Ferrell Brian Edward and Ferrell Nicole P
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Kathryn Sink
SINK REALTY GROUP LLC
List Price
$1,695,000
Sold Price
$1,795,000
Premium/Discount to List
$100,000
5.9%
Current Estimated Value
$2,263,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,397
Avg. Annual Appreciation
5.72%

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 28, 2018
Sold by
Charlesworth Linda Mazzu
Bought by
Snead Glenn S and Vervaet Yvonne M
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Fred Cuffari
BUYERS AGENCY OF SMITH MOUNTAIN LAKE LLC
List Price
$1,249,000
Sold Price
$1,100,000
Premium/Discount to List
-$149,000
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%
Original Mortgage
$371,900
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 28, 2009
Sold by
Charlesworth John S
Bought by
Charlesworth Linda Mazzu

Purchase Details

Closed on
Sep 4, 2007
Sold by
Jones Thomas J and Jones Karin
Bought by
Charlesworth John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,795,000 Fidelity National Ttl Ins Co
Deed $1,100,000 Century Title Services Inc
Gift Deed -- --
Deed $1,317,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $446,000 New Conventional
Previous Owner $371,900 Credit Line Revolving
Previous Owner $453,100 New Conventional
Previous Owner $350,025 New Conventional
Previous Owner $400,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $1,795,000 +5.9% $478 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $1,695,000 +54.1% $452 / Sq Ft
05/18/2018 05/18/18 Sold $1,100,000 -11.9% $293 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $1,249,000 -- $333 / 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 $6,975 $1,622,100 $514,000 $1,108,100
2023 $6,190 $1,014,800 $461,000 $553,800
2022 $6,190 $1,014,800 $461,000 $553,800
2021 $6,190 $1,014,800 $461,000 $553,800
2020 $6,190 $1,014,800 $461,000 $553,800
2019 $5,585 $915,500 $385,000 $530,500
2018 $5,585 $915,500 $385,000 $530,500
2017 $5,035 $919,300 $385,000 $534,300
2016 $5,035 $919,300 $385,000 $534,300
2015 $4,966 $919,300 $385,000 $534,300
2014 $4,966 $919,300 $385,000 $534,300
2013 $4,966 $919,700 $385,000 $534,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 883204

Roanoke Valley Association of REALTORS®

APN: 0320302500