NOT LISTED FOR SALE

520 Park Way Ave Moneta, VA 24121

Estimated Value: $896,000 - $1,586,000

4 Beds
3.5 Baths
4,000 Sq Ft
$322/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $750,000 $188 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,432/month

121 Days on Market

Highlights

  • 88 Feet of Waterfront
  • 1 Dock Slip
  • Deck
  • Community Beach Access
  • Lake View
  • Contemporary Architecture

About This Home

As of June 2015

CUSTOM BUILT/DESIGNED W/F home w/MTN Views. Single Level Living. Must See upgrades, 3 Master/S, office/4th BR (lake views from all BR), fitness/R, GREAT kitchen w/gas stove, granite C/T, customer cabinets, S/S appliances, double oven (convection), beautiful book shelves, lovely maple floors, huge L/level, wet bar, spacious decking, Over Sized 2 car garage, & 12 zone sprinkler system. 3 BR septic.

Co-Listed By

Charlene Jones

RE/MAX LAKEFRONT REALTY INC License #0225062022

RE/MAX LAKEFRONT REALTY INC

Last Buyer's Agent

Jan McGraw

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225051955

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,599

Year Built

  • Built in 2005

Lot Details

  • 1 Acre Lot
  • 88 Feet of Waterfront
  • Level Lot

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Hardboard

Interior Spaces

  • Wet Bar
  • Central Vacuum
  • Bookcases
  • Gas Log Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Intercom
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Schools

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

Utilities

  • Heat Pump System
  • Power Generator

Listing and Financial Details

  • Tax Lot 55

Community Details

Overview

  • No Home Owners Association
  • Park Place Subdivision

Recreation

  • Community Beach Access
  • Marina

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,599

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Gas Log Fireplace, Walk-in-Closet, Wet Bar, Whirlpool Bath
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Central Vacuum, Dishwasher, Disposer, Garage Door Opener, Generator, Intercom, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Gas Grill & Line, Patio, Paved Driveway
  • Views: Lake, Mountain, Sunrise, Sunset
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 2
  • EntryAboveGrdFin Sq Ft: 2200.00
  • ExteriorDoors: Sliding
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 4000
  • HalfBathsHalfBathsEntryLvl: 1
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 88.00
  • LowerBelowGrdFin Sq Ft: 1800.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 2
  • MasterBedroomsMasterBRLowerLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2015-05-13
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: Park Place
  • Total Above Grd Fin S Q F T: 2200
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4000.00
  • TotalHBaths: 1
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: R-17
  • WaterDetailsNumberCoveredSlips: 1
  • WaterDetailsShorelineMgmtPlan: Yes
  • 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

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior, Paved Road

Schools

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

Lot Info

  • Lot Description: Level Lot, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.00
  • Lot: 55
  • ZoningCode: R1

Green Features

  • Water Features: Cove, Riprap Shoreline

Building Info

  • Year Built: 2005

Tax Info

  • Taxes (6 mo): 3599.00
  • FILLTAXID: 0320805600

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
Lilly Darrell W and Lilly Terry F
Bought by
Kraemer Michael D and Kraemer Meghan C
Current Estimated Value
$1,288,087

Purchase Details

Closed on
Sep 21, 2020
Sold by
Jarvi Dana L and Jarvi Dennis J
Bought by
Kraemer Michael D and Kraemer Meghan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 12, 2007
Sold by
Bay Rum Inc
Bought by
Klause Ronald P and Klause Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,500
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Kraemer Michael D -- None Listed On Document
Kraemer Michael D $840,000 Century Title Services Inc
Klause Ronald P $720,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kraemer Michael D $600,000
Previous Owner Klause Ronald P $417,000
Previous Owner Klause Rosalie $239,000
Previous Owner Klause Ronald P $275,800
Previous Owner Klause Ronald P $50,000
Previous Owner Klause Ronald P $575,500
Previous Owner Klause Ronald P $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $750,000 -6.2% $188 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $799,900 -- $200 / 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 $4,961 $1,153,800 $223,800 $930,000
2023 $4,355 $714,000 $252,000 $462,000
2022 $4,355 $714,000 $252,000 $462,000
2021 $4,355 $714,000 $252,000 $462,000
2020 $4,355 $714,000 $252,000 $462,000
2019 $4,291 $703,500 $252,000 $451,500
2018 $4,291 $703,500 $252,000 $451,500
2017 $3,869 $666,400 $252,000 $414,400
2016 $3,869 $666,400 $252,000 $414,400
2015 -- $666,400 $252,000 $414,400
2014 -- $666,400 $252,000 $414,400
2013 -- $666,400 $252,000 $414,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 810816

Roanoke Valley Association of REALTORS®

APN: 0320805600