NOT LISTED FOR SALE

501 Tranquility Rd Moneta, VA 24121

North Shore Area

Estimated Value: $2,144,000 - $3,392,000

4 Beds
4 Baths
3,111 Sq Ft
$934/Sq Ft Est. Value

Sale Details

Date Sold: September 2, 2022

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

Est. 21% increase in value since last sale

Current estimated payment $16,848 / mo

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

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
Not Available
List Price
Sold Price
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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

1.81 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 29, 2022
Sold by
Bought by
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
$2,906,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,475
Avg. Annual Appreciation
5.01%
Original Mortgage
$1,920,000
Outstanding Balance
$1,556,026
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,350,449

Purchase Details

Closed on
Feb 10, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 2016
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Moneta, VA

  • Kyla Steffens Real Estate Agent - KELLER WILLIAMS REALTY LYNCHBURG

    Kyla Steffens

    KELLER WILLIAMS REALTY LYNCHBURG

    (540) 340-9142

    40 Total Sales

    6 in North Shore

    $445K - $1.1M Price Range

    Kyla Steffens
     Section Image
  • Garrison Adams Real Estate Agent - RE/MAX LAKEFRONT REALTY INC

    Garrison Adams

    RE/MAX LAKEFRONT REALTY INC

    (540) 900-2997

    65 Total Sales

    1 in North Shore

    $1,095,000 Price

    Garrison Adams
     Section Image
  • Chris Reavis Real Estate Agent - MKB, REALTORS(r)

    Chris Reavis

    MKB, REALTORS(r)

    (540) 283-5635

    46 Total Sales

    1 in North Shore

    $355,000 Price

    Chris Reavis
     Section Image
  • Dawn Lambert Real Estate Agent - EXP REALTY LLC - SML

    Dawn Lambert

    EXP REALTY LLC - SML

    (540) 787-2817

    123 Total Sales

    39 in North Shore

    $10K - $7M Price Range

    Dawn Lambert
     Section Image
  • Adam Lynch Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Adam Lynch

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 590-5647

    65 Total Sales

    3 in North Shore

    $50K - $430K Price Range

    Adam Lynch
     Section Image
  • Dana Montgomery Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Dana Montgomery

    Responds Quickly

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 900-1958

    82 Total Sales

    23 in North Shore

    $25K - $2.1M Price Range

    Dana Montgomery
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,400,000 Fidelity National Title
$600,000 None Available
$600,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,920,000
Previous Owner $1,200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    86 Total Sales

    Jane Sullivan Horne
    Section Image

  • M

    Buyer's Agent in 2022

    Margaret Craye

    EXP REALTY LLC - SML

    (540) 484-3234

    162 Total Sales

    Margaret Craye
    Section Image
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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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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