NOT LISTED FOR SALE

516 Periwinkle Rd Moneta, VA 24121

Estimated Value: $1,275,000 - $1,503,794

4 Beds
3.5 Baths
3,740 Sq Ft
$364/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $710,000 $190 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,513/month

110 Days on Market

Highlights

  • 317 Feet of Waterfront
  • 2 Dock Slips
  • Lake View
  • Dudley Elementary School Rated A-
  • Spa
  • 2.06 Acre Lot

About This Home

As of June 2019

Lakefront Brick Contemporary Ranch nestled on a beautiful 2 Acre gentle wooded lot. Great location convenient to shopping and dining. Entry level master suite & Studio/office, , Large open kitchen with Island, Open Dining Room,Breakfast Bay overlooking the lake, Screen Porch, Sunroom, Lower Level Family Rm & 2nd master suite, Lots of Storage plus workshop with exterior entrance, Beautiful Gazebo, , Hot Tub, Covered Boatdock RV hookups, 10x16 concrete slab, 3'0 Doors, Triple Garage,, Generator, Irrigation.

Last Agent to Sell the Property

Glenda McDaniel

LONG & FOSTER - SMITH MTN LAKE License #0225154920 Listed on: 01/11/2019

LONG & FOSTER - SMITH MTN LAKE

Last Buyer's Agent

Vicki Millehan

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225015182

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,737

Year Built

  • Built in 2001

Lot Details

  • 2.06 Acre Lot
  • 317 Feet of Waterfront
  • Level Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Sliding Doors
  • Insulated Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Sun or Florida Room
  • Lake Views
  • Alarm System
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet

Basement

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

Outdoor Features

  • Spa
  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 2 Dock Slips
  • Covered Dock
  • Deck
  • Front Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakeland Park Subdivision

Listing and Financial Details

  • Tax Lot 1-A

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,737

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Interior Features: Alarm, Breakfast Area, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Heat Pump Electric, Heat Pump Gas, Zoned Heat
  • Fireplace(s): Family Room, Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric, Zoned Cooling
  • Outside Features: Deck, Hot Tub, Sunroom
  • Views: Lake
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 2385.00
  • ExteriorDoors: Insulated, Sliding
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 2
  • HalfBathsHalfBathsEntryLvl: 1
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 317.00
  • LowerBelowGrdFin Sq Ft: 1355.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRLowerLvl: 1
  • NumberPrimCovSpaces: 3.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: Lakeland Park
  • Total Above Grd Fin S Q F T: 2385
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3740.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 813.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 813.00
  • Water Class: Waterfront Property
  • WaterDetailsNumberCoveredSlips: 2
  • Water Htr Energy: Propane
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Paved Road, Underground Util

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.06
  • Lot: 1-A
  • ZoningCode: R1

Green Features

  • Water Features: Riprap Shoreline, Southern Exposure

Building Info

  • Year Built: 2001

Tax Info

  • Taxes (6 mo): 3737.00

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
Jan 11, 2019
Closed on
Jun 20, 2019
Sold by
Herndon Kenneth V and Herndon Margaret W
Bought by
Oliver Lawrence T and Oliver Catherine K
Seller's Agent
Glenda McDaniel
LONG & FOSTER - SMITH MTN LAKE
Buyer's Agent
Vicki Millehan
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$745,000
Sold Price
$710,000
Premium/Discount to List
-$35,000
-4.7%
Current Estimated Value
$1,363,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,199
Avg. Annual Appreciation
10.47%
Original Mortgage
$674,500
Outstanding Balance
$587,504
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$775,695

Purchase Details

Closed on
Mar 3, 2015
Sold by
Herndon Kenneth V and Herndon Margaret W
Bought by
K And M Herndon Family Llc

Purchase Details

Closed on
Dec 5, 2014
Sold by
Herndon Kenneth V and Herndon Margaret W
Bought by
Herndon Kenneth and Herndon Margaret W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2012
Sold by
Herndon Kenneth V and Herndon Margaret W
Bought by
Herndon Kenneth and Herndon Margaret W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Oliver Lawrence T $710,000 None Available
Herndon Kenneth V -- None Available
K And M Herndon Family Llc -- None Available
Herndon Kenneth -- National Title Insurance
Herndon Kenneth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Lawrence T $674,500
Previous Owner Herndon Kenneth $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2019 06/21/19 Sold $710,000 -4.7% $190 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $745,000 -- $199 / 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 $4,709 $1,095,100 $307,300 $787,800
2024 $4,709 $1,095,100 $307,300 $787,800
2023 $4,424 $725,300 $265,300 $460,000
2022 $4,424 $725,300 $265,300 $460,000
2021 $4,424 $725,300 $265,300 $460,000
2020 $4,424 $725,300 $265,300 $460,000
2019 $3,930 $644,300 $265,300 $379,000
2018 $3,930 $644,300 $265,300 $379,000
2017 $3,544 $620,600 $260,000 $360,600
2016 $3,544 $620,600 $260,000 $360,600
2015 $3,284 $608,100 $260,000 $348,100
2014 $3,284 $608,100 $260,000 $348,100
2013 $3,284 $608,100 $260,000 $348,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 855133

Roanoke Valley Association of REALTORS®

APN: 0300101000