$1,100,000
SOLD OCT 19, 2020

629 Island Pointe Ln Moneta, VA 24121

4 Beds
3.5 Baths
4,200 Sq Ft
0.56 Acres

Recently Sold

$262 Per Sq Ft

2% Above List Price

2 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Lake View
  • Contemporary Architecture
  • 1 Dock Slip
  • Deck
  • Family Room with Fireplace

About This Home

As of October 2020

Former Charity Home Tour home with incredible views and totally updated. One floor living w/ ash hardwood throughout and lake views from every room. Gourmet kitchen with Thermador appliances, spanish cabinets, large double pantries along with a wet bar. Large Master Bedroom with built in drawers, cabinets, versatile hanging closets along with a washer and dryer. Master Bath has walk-in shower, his & her sinks, and plenty of storage. Bedroom #2 is currently used as a TV Room and office. The views are incredible and there are 2 separate screened porches to capture the cool breezy nights and spectacular sunsets. Lower level has family room, gas fireplace, slate floors with another wet bar. There are 2 large bedrooms with adjoining tiled and fully updated bathrooms.

Last Buyer's Agent

Diana Salyer

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225046633

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,227

Year Built

  • Built in 1990

Lot Details

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

HOA Fees

  • $82 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Drapes & Rods
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Screened Porch
  • Lake Views

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer

Basement

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

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Garage Door Opener
  • Assigned Parking

Outdoor Features

  • Personal Watercraft Lift
  • Party Deck
  • Rip-Rap
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Deck
  • Patio
  • Outdoor Gas Grill

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 24

Community Details

Overview

  • Maureen Baker Association
  • Waverly Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,227

Year Built

Built in 1990

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Interior Features: All Drapes, Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Masonry Fireplace, Walk-in-Closet, Wet Bar
  • Heating System: Heat Pump Electric, Heat Pump Gas
  • Fireplace(s): Family Room, Living Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Cook Top, Dishwasher, Disposer, Down Draft Ventilation, Garage Door Opener, Range Gas, Refrigerator, Wall Oven
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Gas Grill & Line, Patio, Paved Driveway, Screened Porch
  • Views: Lake, Sunset
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 2
  • EntryAboveGrdFin Sq Ft: 2100.00
  • ExteriorDoors: Fiberglass, Wood
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 2
  • Grand Total Attached S Q F T: 4200
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 110.00
  • LowerBelowGrdFin Sq Ft: 2100.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Phone Email: 000000000
  • P O A Condo Contact Name: Maureen Baker
  • POACondoDues: 980.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2020-09-01
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubagentAuthorized: No
  • SubdivisionMap: Waverly
  • Total Above Grd Fin S Q F T: 2100
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4200.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Designated Spaces
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: B-10
  • 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 - 3BR
  • Water Description: Public Water
  • Water Heater Type: Tank

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: 0.56
  • Lot: 24
  • ZoningCode: R1

Green Features

  • Water Features: Cove, Main Channel, Riprap Shoreline

Building Info

  • Year Built: 1990

Tax Info

  • Taxes (6 mo): 5227.00
  • FILLTAXID: 0481002400

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
Apr 8, 2013
Closed on
Jul 26, 2013
Sold by
Wilmington Trust Na
Bought by
Thomas G Kim and Thomas Deborah M
List Price
$689,900
Sold Price
$680,000
Premium/Discount to List
-$9,900
-1.43%
Current Estimated Value
$1,700,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,020,381
Avg. Annual Appreciation
7.49%
Original Mortgage
$430,000
Interest Rate
4.11%
Mortgage Type
New Conventional
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
Special Warranty Deed $680,000 Acquest Title Services Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $499,000 Adjustable Rate Mortgage/ARM
Closed $100,000 Credit Line Revolving
Closed $430,000 New Conventional
Previous Owner $960,000 Adjustable Rate Mortgage/ARM
Previous Owner $240,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $1,100,000 +2.3% $262 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/30/2020 08/30/20 For Sale $1,075,000 +58.1% $256 / Sq Ft
08/09/2013 08/09/13 Sold $680,000 -1.4% $164 / Sq Ft
07/12/2013 07/12/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $689,900 -- $166 / 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 $5,340 $1,241,800 $345,000 $896,800
2023 $5,061 $829,700 $340,000 $489,700
2022 $5,061 $829,700 $340,000 $489,700
2021 $5,061 $829,700 $340,000 $489,700
2020 $5,061 $829,700 $340,000 $489,700
2019 $4,925 $807,400 $340,000 $467,400
2018 $4,925 $807,400 $340,000 $467,400
2017 $4,441 $844,800 $340,000 $504,800
2016 $4,441 $844,800 $340,000 $504,800
2015 -- $844,800 $340,000 $504,800
2014 -- $844,800 $340,000 $504,800
2013 -- $844,800 $340,000 $504,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 872844

Roanoke Valley Association of REALTORS®

APN: 0481002400