M
Seller's Agent in 2021
Margaret Craye
EXP REALTY LLC - SML
(540) 484-3234
52 in this area
185 Total Sales
588 Lake Edge Dr Moneta, VA 24121
Estimated Value: $1,076,000 - $1,224,000
5
Beds
3
Baths
3,044
Sq Ft
$381/Sq Ft
Est. Value
Highlights
- 110 Feet of Waterfront
- Deck
- In-Law or Guest Suite
- Lake View
- Rear Porch
- Patio
About This Home
As of April 2021A lake lover's perfect home with a super gentle lot and deep water dock! Barely 3 years old, this open floor plan up-to-date property represents the idyllic lake house with transitional architectural design features. Enjoy the tranquility and convenience of the friendly Edgewater community, located on the North Shore of Scruggs Rd. corridor, a hop and a skip from The Waterfront Country Club, and just minutes away from nearby Westlake shopping, healthcare, and amenities. According to Franklin County, rentals of 31+ days could be permitted and this home could thoughtfully accommodate your family on the main level as well as another family below for investment income. Separate living spaces exist on both levels, each with its own kitchen, living, dining, bedrooms, and baths.
Last Agent to Sell the Property
EXP REALTY LLC - SML License #0225212186 Listed on: 03/04/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,567
Year Built
- Built in 2017
Lot Details
- 0.93 Acre Lot
- 110 Feet of Waterfront
- Lot Sloped Down
HOA Fees
- $25 Monthly HOA Fees
Interior Spaces
- 1-Story Property
- Lake Views
- Laundry on main level
Kitchen
- Electric Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- In-Law or Guest Suite
- 3 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Open Parking Spaces
- Assigned Parking
Outdoor Features
- Party Deck
- Rip-Rap
- Boat Hoist or Davit
- Deck
- Patio
- Rear Porch
Schools
- Dudley Elementary School
- Ben Franklin Middle School
- Franklin County High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
- Debbie Dawson Association
- Edgewater Subdivision
Listing and Financial Details
- Tax Lot 33
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2021
Closed on
Mar 25, 2021
Sold by
Welch Michael Scott and Welch Kristin Chvala
Bought by
Kennedy Adam C and Kennedy Andrea M
Seller's Agent
Margaret Craye
EXP REALTY LLC - SML
Buyer's Agent
David Simon
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$719,900
Sold Price
$785,000
Premium/Discount to List
$65,100
9.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,219
Avg. Annual Appreciation
10.72%
Purchase Details
Closed on
Jul 6, 2016
Sold by
Cichocki David R and Neus Ellen M
Bought by
Welch Michael Scott and Welch Kristin Chvala
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kennedy Adam C | $785,000 | Accommodation | |
| Welch Michael Scott | $135,000 | Fidelity National Title Insu |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/13/2021 04/13/21 | Sold | $785,000 | +9.0% | $258 / Sq Ft |
| 03/08/2021 03/08/21 | Pending | -- | -- | -- |
| 03/04/2021 03/04/21 | For Sale | $719,900 | -- | $236 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $4,087 | $950,500 | $182,000 | $768,500 |
| 2023 | $2,593 | $425,100 | $155,000 | $270,100 |
| 2022 | $2,567 | $420,800 | $155,000 | $265,800 |
| 2021 | $2,567 | $420,800 | $155,000 | $265,800 |
| 2020 | $2,567 | $420,800 | $155,000 | $265,800 |
| 2019 | $2,192 | $359,300 | $155,000 | $204,300 |
| 2018 | $2,192 | $359,300 | $155,000 | $204,300 |
| 2017 | $929 | $187,000 | $185,000 | $2,000 |
| 2016 | $836 | $187,000 | $185,000 | $2,000 |
| 2015 | -- | $187,000 | $185,000 | $2,000 |
| 2014 | -- | $187,000 | $185,000 | $2,000 |
| 2013 | -- | $187,000 | $185,000 | $2,000 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Craye
-
David Simon
Buyer's Agent in 2021
David Simon
WAINWRIGHT & CO., REALTORS(r)- LAKE
(434) 426-1520
25 in this area
129 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 877477
APN: 0320000502
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 61 Cove Side Ln
- Lot 1 Windlass Rd
- Lot 8 Southwind Dr
- LOT 10 Southwind Dr
- Lot 2 Windlass Rd
- 0 S Pointe Shore Dr
- Lot 1 S Pointe Shore Dr
- LOT 10 Binnacle Dr
- 0 Leeward Dr
- 90 Waterpoint Dr
- 2434 Bluewater Dr
- 138 Binnacle Dr
- Lot 56 Peaks View Dr
- Lots Scruggs Rd
- 6340 Scruggs Rd
- Lot 45 Farmer's Cir
- lot 86 Winding Waters Dr
- Lot 3 Belvior Cir
- Lot 5 Belvior Cir
- 71 Waterside Cir Unit D-8
- Lot 33 Lake Edge Dr
- Lot 34 Lake Edge Dr
- 570 Lake Edge Dr
- 610 Lake Edge Dr
- 636 Lake Edge Dr
- 27 Lake Edge Dr
- Lot 27 Lake Edge Dr
- Lot 22 Lake Edge Dr
- 61 Cove
- 674 Lake Edge Dr
- 316 Woodland Cove Dr
- Lot 6 Woodland Cove Dr
- Lot 6 Woodland Cove Rd
- 190 Woodland Cove Dr
- 180 Woodland Cove Dr
- 240 Woodland Cove Dr
- Lot 30 Lake Edge Dr
- 160 Woodland Cove Dr
- 103 Cove Side Ln
- Tract G Cove Side Ln