$1,275,000
SOLD SEP 10, 2021

579 Island Pointe Ln Moneta, VA 24121

3 Beds
4 Baths
3,613 Sq Ft
0.65 Acres

Recently Sold

$353 Per Sq Ft

2% Above List Price

Highlights

  • 110 Feet of Waterfront
  • Lake View
  • Living Room with Fireplace
  • 1 Dock Slip
  • Deck
  • Ranch Style House

About This Home

As of September 2021

Welcome to this gorgeous waterfront home located in Waverly, a premier neighborhood at Smith Mountain Lake. Located towards the end of a peninsula, you can enjoy wide water views from the house and dock. Owners can enjoy single level living with the master bedroom & bath, laundry, gourmet kitchen, dining area, living room & a heated/cooled porch on the main level. The lower level has two guest bedrooms, Jack & Jill baths, family room, kitchen area, and storage. The dock is in a protected cove, and features a single boat slip with hoist, a separate catamaran sailboat lift (could be converted for jet skis), and storage bldg. Extensive landscaping has been done to open up the water view from the house, install a stone walkway, and plant flowering shrubs so there's color year round.

Last Agent to Sell the Property

Deborah Beran

DEB BERAN PROPERTIES License #0225040422 Listed on: 07/05/2021

Last Buyer's Agent

Deborah Beran

DEB BERAN PROPERTIES License #0225040422 Listed on: 07/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,312

Year Built

  • Built in 1995

Lot Details

  • 0.65 Acre Lot
  • 110 Feet of Waterfront
  • Gentle Sloping Lot
  • Property is zoned R1

HOA Fees

  • $82 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Living Room with Fireplace
  • 2 Fireplaces
  • Sun or Florida Room
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Personal Watercraft Lift
  • Party Deck
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Deck
  • Covered patio or porch
  • Shed
  • Outdoor Gas Grill

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 26

Community Details

Overview

  • Maureen Baker Association
  • Waverly Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,312

Year Built

Built in 1995

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Interior Features: All Drapes, Book Shelves, Breakfast Area, Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Gas - Propane, Heat Pump Electric
  • Fireplace(s): Basement, Living Room
  • Type: Residential
  • Has Basement: Walkout - Partial
  • Major Appliances: Clothes Dryer, Clothes Washer, Compacter, Cook Top, Dishwasher, Garage Door Opener, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Gas Grill & Line, Patio, Storage Shed, Sunroom
  • Views: Lake
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 2
  • EntryAboveGrdFin Sq Ft: 2205.00
  • ExteriorDoors: Metal
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3613
  • HalfBathsHalfBathsEntryLvl: 1
  • HalfBathsHalfBathsLowerLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 110.00
  • LowerBelowGrdFin Sq Ft: 1408.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Phone Email: mbaker@ams-va.com
  • P O A Condo Contact Name: Maureen Baker
  • POACondoDues: 980.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2021-07-05
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Waverly
  • Total Above Grd Fin S Q F T: 2205
  • TotalBdrm: 3
  • TotalBths: 2.20
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 3613.00
  • TotalHBaths: 2
  • Uncovered Parking: Off Street Parking
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: B10
  • WaterDetailsNumberCoveredSlips: 1
  • WaterDetailsNumberUncoverSlips: 1
  • WaterDetailsShorelineMgmtPlan: YES
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch, Side Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV, Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.65
  • Lot: 26
  • ZoningCode: R1

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 1995

Tax Info

  • Taxes (6 mo): 4312.00
  • FILLTAXID: 0481002600

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
Jul 5, 2021
Closed on
Sep 10, 2021
Sold by
Lilly Darrell W and Lilly Terry F
Bought by
Geihsler Brian E and Geihsler Mary C
Seller's Agent
Deborah Beran
DEB BERAN PROPERTIES
Buyer's Agent
Deborah Beran
DEB BERAN PROPERTIES
List Price
$1,250,000
Sold Price
$1,275,000
Premium/Discount to List
$25,000
2%
Total Days on Market
0
Current Estimated Value
$1,622,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,653
Avg. Annual Appreciation
6.88%
Original Mortgage
$1,020,000
Outstanding Balance
$938,181
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$698,030

Purchase Details

Listed on
Apr 10, 2020
Closed on
Aug 24, 2020
Sold by
Gring David M and Gring Susan D
Bought by
Lilly Darrell W and Lilly Terry F
Buyer's Agent
Deborah Beran
DEB BERAN PROPERTIES
List Price
$849,000
Sold Price
$800,000
Premium/Discount to List
-$49,000
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.23%
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
Deed $1,275,000 Court Street Title
Deed $800,000 Court Street Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,020,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $1,275,000 +2.0% $353 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $1,250,000 +56.3% $346 / Sq Ft
08/31/2020 08/31/20 Sold $800,000 -5.8% $241 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $849,000 -- $256 / 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 $5,374 $1,249,800 $345,000 $904,800
2023 $5,062 $829,800 $340,000 $489,800
2022 $5,062 $829,800 $340,000 $489,800
2021 $5,062 $829,800 $340,000 $489,800
2020 $5,062 $829,800 $340,000 $489,800
2019 $4,312 $706,900 $340,000 $366,900
2018 $4,312 $706,900 $340,000 $366,900
2017 $3,888 $709,000 $335,000 $374,000
2016 $3,888 $709,000 $335,000 $374,000
2015 $3,829 $709,000 $335,000 $374,000
2014 $3,829 $709,000 $335,000 $374,000
2013 $3,829 $709,000 $335,000 $374,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 881683

Roanoke Valley Association of REALTORS®

APN: 0481002600