NOT LISTED FOR SALE

60 Oak Point Dr Moneta, VA 24121

Estimated Value: $1,391,603 - $1,791,000

4 Beds
3.5 Baths
3,815 Sq Ft
$412/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $750,000 $197 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $8,939/month

Highlights

  • 133 Feet of Waterfront
  • Lake View
  • Family Room with Fireplace
  • 1 Dock Slip
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of March 2020

Take a closer look... this is the lake home you've been waiting for!! Custom, quality construction, one owner home in a stable, invest-able community with million plus homes and just minutes from everything you need and want by land and water. Nestled in a wooded setting, the trees provide privacy, surrounded by nature that you'll love enjoying from either your sun room or screened porch. Three master suites plus a fourth bedroom (currently being used as an office) that is connected to a half bath on the entry level; all optimal for everyday living and guest space. The party deck is optimal for sunbathing, relaxing or just making memories with your friends and family. Make it yours today!

Last Agent to Sell the Property

Jada Turner

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225194874 Listed on: 12/01/2019

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

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

  • $4,016

Year Built

  • Built in 2000

Lot Details

  • 1.59 Acre Lot
  • 133 Feet of Waterfront
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Bookcases
  • Cathedral Ceiling
  • French Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sun or Florida Room
  • Screened Porch
  • Lake Views

Kitchen

  • Built-In Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Party Deck
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Riverbay Subdivision

Listing and Financial Details

  • Tax Lot 21

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,016

Year Built

Built in 2000

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Interior Features: Book Shelves, Cathedral Ceiling, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room, Living Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Freezer, Garage Door Opener, Microwave Oven (Built In), Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Other - See Remarks, Screened Porch, Sunroom
  • Views: Lake
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 2
  • EntryAboveGrdFin Sq Ft: 2283.00
  • ExteriorDoors: French
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 2
  • Grand Total Attached S Q F T: 4326
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 133.00
  • LowerBelowGrdFin Sq Ft: 1532.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • MasterBedroomsMasterBRLowerLvl: 2
  • NumberPrimCovSpaces: 2.00
  • POACondoDues: 500.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2020-02-22
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubagentAuthorized: No
  • SubdivisionMap: Riverbay
  • Total Above Grd Fin S Q F T: 2283
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3815.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 511.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 511.00
  • Water Class: Waterfront Property
  • 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

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Handicap Access, Private Road

Schools

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

Lot Info

  • Lot Description: Varied, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.59
  • Lot: 21
  • ZoningCode: R-1

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 2000

Tax Info

  • Taxes (6 mo): 4016.00
  • FILLTAXID: 0140102300

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
Dec 1, 2019
Closed on
Mar 9, 2020
Sold by
Dice Kenneth E and Dice Barbara J
Bought by
Frate Richard Steven and Frate Cynthia L
Seller's Agent
Jada Turner
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Penny Hodges
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Current Estimated Value
$1,571,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$821,401
Avg. Annual Appreciation
12.86%
Original Mortgage
$280,000
Interest Rate
3.4%
Mortgage Type
New Conventional
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
Frate Richard Steven $750,000 Acquisition Title And Setmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frate Richard Steven $266,900
Closed Frate Richard Steven $280,000
Previous Owner Dice Kenneth E $77,952
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $750,000 -3.2% $197 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
12/01/2019 12/01/19 For Sale $775,000 -- $203 / 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 $4,817 $1,120,300 $295,000 $825,300
2023 $4,157 $681,500 $290,000 $391,500
2022 $4,157 $681,500 $290,000 $391,500
2021 $4,094 $671,100 $290,000 $381,100
2020 $4,094 $671,100 $290,000 $381,100
2019 $3,952 $647,800 $290,000 $357,800
2018 $3,952 $647,800 $290,000 $357,800
2017 $3,563 $625,200 $290,000 $335,200
2016 $3,563 $625,200 $290,000 $335,200
2015 -- $625,200 $290,000 $335,200
2014 -- $625,200 $290,000 $335,200
2013 -- $625,200 $290,000 $335,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 865194

Roanoke Valley Association of REALTORS®

APN: 0140102300