NOT LISTED FOR SALE

501 Tranquility Rd Moneta, VA 24121

Estimated Value: $2,823,000 - $3,440,000

4 Beds
4 Baths
3,111 Sq Ft
$973/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $2,400,000 $771 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $16,567/month

43 Days on Market

Highlights

  • 213 Feet of Waterfront
  • Floating Dock
  • Lake View
  • Dudley Elementary School Rated A-
  • Spa
  • 1.81 Acre Lot

About This Home

As of September 2022

VIEWS! VIEWS! VIEWS! Breathtaking views of Smith Mountain and miles of water from this extraordinary lakefront home. Located on one of the best lots on Smith Mountain Lake! Incredible attention to detail. Casual coastal/mountain retreat feel. Comfortable and easy. Relaxed. Warm. Literally views of the lake from everywhere! All on one level! Ready to Move In! An inviting front porch leads into to a Spacious Great Room in the center of the home with a huge stone fireplace, tall wood ceiling, and a wall of windows and doors overlooking the lake and mountains. Open Kitchen with high end appliances inc double ovens, 6 burner gas cooktop, professional ice machine, brick backsplash and quartz counters. Expansive Covered Porch overlooking mountains and water features Wood Ceiling, Large Stone

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 06/30/2022

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Margaret Craye

EXP REALTY LLC - SML License #0225212186

EXP REALTY LLC - SML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,400

Year Built

  • Built in 2018

Lot Details

  • 1.81 Acre Lot
  • 213 Feet of Waterfront
  • Level Lot

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Stone Siding
  • Hardboard

Interior Spaces

  • 3,111 Sq Ft Home
  • Furnished
  • Bookcases
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Great Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Crawl Space

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • Floating Dock
  • Covered Dock

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,400

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Cathedral Ceiling, Masonry Fireplace, Other - See Remarks
  • Heating System: Gas - Propane, Heat Pump Electric
  • Fireplace(s): Great Room, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Other - See Remarks, Range Hood, Refrigerator, Wall Oven
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch, Hot Tub, Other - See Remarks, Screened Porch
  • Views: Lake, Mountain, Sunrise
  • BedroomsBREntryLevel: 4
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 3111.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 2
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 213.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 3.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Other - See Remarks
  • Total Above Grd Fin S Q F T: 3111
  • TotalBdrm: 4
  • TotalBths: 4.00
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 3111.00
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Furnished, Other - See Remarks

Lot Info

  • Lot Description: Level Lot, Other - See Remarks
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.81

Green Features

  • Water Features: Main Channel, Riprap Shoreline

Rental Info

  • Tenant: Owner sometimes

Building Info

  • Year Built: 2018

Tax Info

  • Taxes (6 mo): 6400.00

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
Jun 30, 2022
Closed on
Aug 29, 2022
Sold by
Linderman Properties Llc
Bought by
Skolrood Mark R and Skolrood Susan S
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Margaret Craye
EXP REALTY LLC - SML
List Price
$2,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$100,000
-4%
Current Estimated Value
$3,027,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,960
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
Feb 10, 2017
Sold by
Itac 368 Llc
Bought by
Linderman Properties Llc

Purchase Details

Closed on
Sep 12, 2016
Sold by
Bowles W Kelvin and Bowles Jane H
Bought by
Itac 368 Llc
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
Skolrood Mark R $2,400,000 Fidelity National Title
Linderman Properties Llc $600,000 None Available
Itac 368 Llc $600,000 Fidelity National Title Insu
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2022 09/02/22 Sold $2,400,000 -4.0% $771 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $2,500,000 -- $804 / 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 $10,119 $2,353,200 $618,500 $1,734,700
2024 $10,119 $2,353,200 $618,500 $1,734,700
2023 $6,631 $1,087,100 $511,500 $575,600
2022 $6,631 $1,087,100 $511,500 $575,600
2021 $6,631 $1,087,100 $511,500 $575,600
2020 $6,631 $1,087,100 $511,500 $575,600
2019 $5,555 $910,700 $361,500 $549,200
2018 $2,641 $432,900 $361,500 $71,400
2017 $1,983 $362,000 $358,000 $4,000
2016 $1,991 $362,000 $358,000 $4,000
2015 $1,955 $362,000 $358,000 $4,000
2014 $1,955 $362,000 $358,000 $4,000
2013 $1,955 $362,000 $358,000 $4,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jane Sullivan Horne

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 493-1690

    16 in this area

    101 Total Sales

    Jane Sullivan Horne
    Section Image

  • M

    Buyer's Agent in 2022

    Margaret Craye

    EXP REALTY LLC - SML

    (540) 484-3234

    49 in this area

    178 Total Sales

    Margaret Craye
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 890924

Roanoke Valley Association of REALTORS®

APN: 0480004203

Virginia Franklin County Moneta 24121

501 Tranquility Rd, Moneta, VA

Not Listed for Sale

Detached

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