NOT LISTED FOR SALE

520 Calypso Rd Moneta, VA 24121

Estimated Value: $1,676,435 - $2,008,000

4 Beds
3 Baths
4,501 Sq Ft
$397/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $830,000 $184 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $10,527/month

593 Days on Market

Highlights

  • 105 Feet of Waterfront
  • 1 Dock Slip
  • Cape Cod Architecture
  • Community Beach Access
  • Lake View
  • Fireplace in Primary Bedroom

About This Home

As of May 2017

Grand entrance with breathtaking views of lake and mountains in beautiful Montego Bay. Very flat professionally landscaped lot w/a 7% grade to the lake. Entertainers dream kitchen, double oven, granite throughout and a versatile floor plan. Master bedroom w/ tray ceilings on main level for easy one level living. Office and study and laundry on main level. Wine Rm, Family Room and two bedrooms on lower level w/ plenty of storage throughout along with a sizable workshop. Beautiful deck and covered porch w/ retractable awning.

Wil Childress

LAKE RETREAT PROPERTIES INC. License #0225189859 Listed on: 08/31/2015

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $4,395

Year Built

  • Built in 2003

Lot Details

  • 0.99 Acre Lot
  • 105 Feet of Waterfront
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Dryvit Stucco

Interior Spaces

  • Wired For Sound
  • Bookcases
  • Ceiling Fan
  • Heatilator
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Insulated Doors
  • Great Room with Fireplace
  • Recreation Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces

Outdoor Features

  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • Montego Bay Subdivision

Amenities

  • Restaurant

Recreation

  • Community Beach Access

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,395

Year Built

Built in 2003

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Interior Features: Audio-Video Wired, Book Shelves, Breakfast Area, Ceiling Fan, Gas Log Fireplace
  • Heating System: Heat Pump Electric, Heat Pump Gas
  • Fireplace(s): Great Room, Kitchen, Primary Bedroom, Recreation Room
  • Type: Residential
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Disposer, Freezer, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Paved Driveway
  • Views: Lake, Mountain, Sunrise, Sunset
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 3
  • EntryAboveGrdFin Sq Ft: 2638.00
  • ExteriorDoors: Fiberglass, Insulated
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 5182
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 105.00
  • LowerBelowGrdFin Sq Ft: 1863.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • POACondoDues: 600.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2017-04-15
  • Residential Type: Detached
  • Style Of House: Cape Cod
  • Total Above Grd Fin S Q F T: 2638
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4501.00
  • TotalUnfin Sq Ft: 681.00
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Other
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 681.00
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: R-15
  • WaterDetailsNumberCoveredSlips: 1
  • WaterDetailsShorelineMgmtPlan: YES
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Fireplace Blower, In-Law Quarters, Maint-Free Exterior, Underground Util

Schools

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

Green Features

  • Energy Features: Fireplace Insert, Heatolater
  • Water Features: Cove, Riprap Shoreline, Southern Exposure

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.99
  • Lot: 5

Building Info

  • Year Built: 2003

Tax Info

  • Taxes (6 mo): 4395.00
  • FILLTAXID: 0320700500

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 31, 2015
Closed on
May 5, 2017
Sold by
Buddie Michael Gary and Buddie Anita Latorre
Bought by
Walsh Michael E and Walsh Nancy G
Buyer's Agent
Wil Childress
LAKE RETREAT PROPERTIES INC.
List Price
$894,700
Sold Price
$830,000
Premium/Discount to List
-$64,700
-7.23%
Total Days on Market
593
Current Estimated Value
$1,787,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$957,359
Avg. Annual Appreciation
9.40%
Original Mortgage
$664,000
Outstanding Balance
$562,771
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$1,134,095

Range of Values:

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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
Walsh Michael E $830,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Michael E $664,000
Closed Walsh Michael E $664,000
Previous Owner Buddir Anita Latorre $237,500
Previous Owner Buddie Michael G $239,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $830,000 -7.2% $184 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
08/31/2015 08/31/15 For Sale $894,700 -- $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
2024 $6,806 $1,582,700 $292,000 $1,290,700
2023 $5,222 $856,100 $285,000 $571,100
2022 $5,222 $856,100 $285,000 $571,100
2021 $5,222 $856,100 $285,000 $571,100
2020 $5,222 $856,100 $285,000 $571,100
2019 $5,433 $890,700 $295,000 $595,700
2018 $5,433 $890,700 $295,000 $595,700
2017 $4,899 $813,900 $285,000 $528,900
2016 $4,899 $813,900 $285,000 $528,900
2015 -- $813,900 $285,000 $528,900
2014 -- $813,900 $285,000 $528,900
2013 -- $813,900 $285,000 $528,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 818846

Roanoke Valley Association of REALTORS®

APN: 0320700500