$1,510,000
SOLD OCT 14, 2022

578 Island Pointe Ln Moneta, VA 24121

4 Beds
3 Baths
2,623 Sq Ft
1.2 Acres

Recently Sold

$576 Per Sq Ft

8% Above List Price

1 Day on Market

Highlights

  • Lake Front
  • Ranch Style House
  • Great Room with Fireplace
  • Water Access
  • Wood Flooring
  • Formal Dining Room

About This Home

As of October 2022

Step inside this totally remodeled home & prepared to be WOWED! The Beautiful Sunset views and gentle sloping lot with a sandy beach makes this the perfect year round or weekend getaway lake home. You'll have the privacy since adjoining lot is included. You'll feel the comfort and warmth of a totally updated and modernized home. I'm talking old cedar siding removed and replaced with Hardi-Plank, new Trex decking at home and dock, beautiful hardwood floors, total new kitchen design that will knock your socks off, 4 bedrooms (one has custom built Murphy bed), 3 baths, whole house generator, tile showers, ship lap ceilings, to many changes to note. Lower level rec room w/ pool table, air hockey, & football table. Theatre room with Palliser furniture. Wet bar w/ full size refrigerator!

Last Agent to Sell the Property

Meredith Ford

OUT OF AREA BROKER Listed on: 10/13/2022

Last Buyer's Agent

Kelly Mann

Lynchburg's Finest Team LLC License #0225218033

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,022

Year Built

  • Built in 1993

Lot Details

  • 1.2 Acre Lot
  • Lake Front
  • Landscaped

HOA Fees

  • $169 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,623 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Water Access

Utilities

  • Heat Pump System
  • Underground Utilities
  • Power Generator
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0481001300

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,022

Year Built

Built in 1993

Lot Details

0

HOA Fees

$169 per month

Listing Details

  • FILLACRES: 1.2000
  • AssocFeeOptional: Required
  • Directions: From HFB, S of Rt 122, L on 616 Scruggs Rd, R- Waverly on Island Pointe Lane, property on right
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 52272.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 0481001300
  • Year Built: 1993
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 8.000 x 8.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 195.000000
  • Master Bedroom Dim: 15.000 x 13.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 120.000000
  • Other Room1 Len: 15.000
  • Other Room2 Area: 120.000000
  • Other Room2 Len: 15.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: WAVERLY, Section 1 Lot 13 & Lot 12
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 12x14 Level: Level 1 Above Grade
  • Third Bedroom Area: 168.000000
  • Fourth Bedroom: 14x14 Level: Below Grade
  • Fourth Bedroom Area: 196.000000
  • Above Grade Finished Sq Ft: 1750.00
  • ApplianceConvey: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Generator, Microwave, Range-Elec, Refrigerator, Wall Oven, Washer
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance, Walkout
  • Flooring: Tile, Wood
  • Year Built Exception: 0
  • Deck: 24x12 Level: Level 1 Above Grade
  • Family Room: 24x24 Level: Below Grade
  • Fireplace: 1 Fireplace, Gas Log, Great Room
  • Formal Dining: 12x12 Level: Level 1 Above Grade
  • Foyer: 0x0 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 24x18 Level: Level 1 Above Grade
  • Interior Amenities: Ceiling Fan(s), Great Room, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Pantry, Rods, Security System, Separate Dining Room, Skylights, Smoke Alarm, Tile Bath(s)
  • Dining Kitchen: 16x18 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Second Floor, Separate Laundry Rm., Washer Connections
  • Laundry Room: 8x8 Level: Level 1 Above Grade
  • Master Bedroom: 15x13 Level: Level 1 Above Grade
  • Other Room 1: 15x8 Level: Level 1 Above Grade
  • Other Room 2: 15x8 Level: Level 1 Above Grade
  • Additional Room 1 Description: Additional deck
  • Additional Room 2 Description: Additional deck
  • FamilyRoom Area: 576.000000
  • GreatRoom Area: 432.000000
  • Livinggreat Room Dim: 24.000 x 18.000
  • Kitchen Area: 288.000000
  • Laundry Room Area: 64.000000
  • Est Other Room1 Dim: 15.000 x 8.000
  • Est Other Room2 Dim: 15.000 x 8.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 12 & 13
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Landscaped, Undergrnd Utilities, Lake Front, Water Access

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 418.000000
  • Garage Dim: 22.000 x 19.000
  • GarageLen: 22.000
  • GarageWid: 19.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 2022.00

Schools

  • School District: Other
  • School District: Other

Lot Info

  • Lot Sq Ft: 2623.00

Tax Info

  • Estimated Taxes: 4022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2024
Sold by
Daniels Christopher V and Daniels Amber Nicole
Bought by
Island Pointe Properties Llc
Current Estimated Value
$1,369,402

Purchase Details

Listed on
Oct 13, 2022
Closed on
Oct 13, 2022
Sold by
Reed Kinzy Dale and Reed Beverly D
Bought by
Daniels Christopher V and Daniels Amber Nicole
Seller's Agent
Meredith Ford
OUT OF AREA BROKER
Buyer's Agent
Kelly Mann
Lynchburg's Finest Team LLC
List Price
$1,399,999
Sold Price
$1,510,000
Premium/Discount to List
$110,001
7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.40%
Original Mortgage
$1,283,500
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2016
Closed on
Oct 3, 2016
Sold by
Hummel Frank K and Hummel Betty J
Bought by
Reed Kinzy Dale and Reed Beverly D
Seller's Agent
Eric Fansler
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Penny Hodges
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$587,000
Sold Price
$555,000
Premium/Discount to List
-$32,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.49%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Bargain Sale Deed $1,510,000 Old Republic National Title
Deed $555,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,283,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $1,510,000 0.0% $576 / Sq Ft
10/14/2022 10/14/22 Sold $1,510,000 +7.9% $576 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $1,399,999 0.0% $534 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $1,399,999 +152.3% $534 / Sq Ft
11/21/2016 11/21/16 Sold $555,000 -5.5% $212 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $587,000 -- $224 / Sq Ft
Source: Lynchburg 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 $3,807 $885,300 $260,000 $625,300
2023 $3,679 $603,100 $255,000 $348,100
2022 $3,679 $603,100 $255,000 $348,100
2021 $3,679 $603,100 $255,000 $348,100
2020 $3,679 $603,100 $255,000 $348,100
2019 $3,629 $594,900 $255,000 $339,900
2018 $3,629 $594,900 $255,000 $339,900
2017 $2,974 $576,700 $285,000 $291,700
2016 $2,974 $576,700 $285,000 $291,700
2015 -- $576,700 $285,000 $291,700
2014 -- $576,700 $285,000 $291,700
2013 -- $576,700 $285,000 $291,700
Source: Public Records

Agents Affiliated with this Home

  • Penny Hodges

    Seller's Agent in 2022

    Penny Hodges

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 493-9800

    16 in this area

    107 Total Sales

    Penny Hodges
    Section Image
  • Meredith Ford

    Seller's Agent in 2022

    Meredith Ford

    OUT OF AREA BROKER

    (434) 385-8760

    51 in this area

    2,716 Total Sales

    Meredith Ford
    Section Image

  • K

    Buyer's Agent in 2022

    Kelly Mann

    LYNCHBURGS FINEST TEAM LLC

    (434) 944-2371

    3 in this area

    117 Total Sales

    Kelly Mann
    Section Image
  • Eric Fansler

    Seller's Agent in 2016

    Eric Fansler

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 871-8655

    43 in this area

    102 Total Sales

    Eric Fansler
    Section Image
  • Tom Fansler

    Seller Co-Listing Agent in 2016

    Tom Fansler

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 871-8355

    36 in this area

    91 Total Sales

    Tom Fansler
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 340982

APN: 0481001300

Virginia Franklin County Moneta 24121

578 Island Pointe Ln, Moneta, VA

This home is located at 578 Island Pointe Ln, Moneta, VA 24121 and is currently priced at $1,510,000, approximately $575 per square foot. This property was built in 1993. 578 Island Pointe Ln is a home located in Franklin County with nearby schools including Dudley Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

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