$555,000
SOLD NOV 21, 2016

578 Island Pointe Ln Moneta, VA 24121

4 Beds
3 Baths
2,623 Sq Ft
0.56 Acres

Recently Sold

$212 Per Sq Ft

5% Below List Price

12 Days on Market

Highlights

  • 151 Feet of Waterfront
  • Lake View
  • Ranch Style House
  • 1 Dock Slip
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of October 2022

Comfortable home on a gently sloped lot in the prestigious, highly desirable Waverly community, property has a large natural beach area and a wonderful wide water view, home has large partially covered deck across the back with a second deck below, open floor plan with the master BR and 2 other bedrooms on the main level, lower level is 50 percent finished with a large family room, Bedroom, full bath and wetbar, property has a large natural wooded area on right and is located within an easy walk of the community clubhouse/pool/tennis court complex, this waterfront home is a great price in this high-end community.

Last Agent to Sell the Property

Eric Fansler

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225083679 Listed on: 08/25/2016

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Co-Listed By

Tom Fansler

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225062675

Last Buyer's Agent

Penny Hodges

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225126556

WAINWRIGHT & CO., REALTORS(r)- LAKE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,974

Year Built

  • Built in 1993

Lot Details

  • 0.56 Acre Lot
  • 151 Feet of Waterfront
  • Gentle Sloping Lot
  • Wooded Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Stone Siding

Interior Spaces

  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Heatilator
  • Fireplace Features Blower Fan
  • Bay Window
  • Great Room with Fireplace
  • Sun or Florida Room
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Rip-Rap
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Covered patio or porch

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 13

Community Details

Overview

  • Waverly Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,974

Year Built

Built in 1993

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Interior Features: Book Shelves, Cathedral Ceiling, Ceiling Fan, Skylight, Whirlpool Bath
  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room
  • Type: Residential
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Bay Window, Covered Porch, Patio, Paved Driveway, Sunroom
  • Views: Lake, Sunset
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 1
  • EntryAboveGrdFin Sq Ft: 1750.00
  • ExteriorDoors: Metal
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3500
  • Internet Access: Cable, DSL
  • InternetAccessCurntInternetProv: CenturyLink
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 151.00
  • LowerBelowGrdFin Sq Ft: 873.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • POACondoDues: 100.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2016-09-06
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Waverly
  • Total Above Grd Fin S Q F T: 1750
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2623.00
  • TotalUnfin Sq Ft: 877.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 877.00
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: B 10A
  • WaterDetailsNumberCoveredSlips: 1
  • 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: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Fireplace Blower, Paved Road, Satellite Dish, Underground Util

Schools

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

Green Features

  • Energy Features: Heatolater
  • Water Features: Cove, Riprap Shoreline

Lot Info

  • Lot Description: Gentle Slope, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.56
  • Lot: 13
  • ZoningCode: R-1

Building Info

  • Year Built: 1993

Tax Info

  • Taxes (6 mo): 2974.00
  • FILLTAXID: 0481001300

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
Jun 13, 2024
Sold by
Daniels Christopher V and Daniels Amber Nicole
Bought by
Island Pointe Properties Llc
Total Days on Market
12
Current Estimated Value
$1,365,826

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
-4.33%
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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Range of Values:

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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: 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 $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

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 829840

Roanoke Valley Association of REALTORS®

APN: 0481001300