$680,000
SOLD AUG 9, 2013

629 Island Pointe Ln Moneta, VA 24121

3 Beds
4.5 Baths
4,154 Sq Ft
0.6 Acres

Recently Sold

$164 Per Sq Ft

1% Below List Price

95 Days on Market

Highlights

  • 95 Feet of Waterfront
  • Spa
  • Deck
  • 2 Dock Slips
  • Lake View
  • Contemporary Architecture

About This Home

As of October 2020

Incredible opportunity to live in the Waverly. Home features 2 fabulous glass Florida rooms to capture the magnificent views of Smith Mountain Lake. Great entertainment space on both levels, granite counters, multiple decks, hot tub on master deck, incredible dock and well appointed lawn with sprinkler system. Property sold ''As Is - Where Is''.

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $4,560

Year Built

  • Built in 1990

Lot Details

  • 0.6 Acre Lot
  • 95 Feet of Waterfront
  • Gentle Sloping Lot

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • French Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sun or Florida Room
  • Lake Views
  • Alarm System
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Basement

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

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Spa
  • Personal Watercraft Lift
  • Boat Hoist or Davit
  • 2 Dock Slips
  • Covered Dock
  • Balcony
  • Deck
  • Rear Porch

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 24

Community Details

Overview

  • Waverly Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,560

Year Built

Built in 1990

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Interior Features: Alarm, Ceiling Fan, Gas Log Fireplace, Hot Tub
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room, Living Room
  • Type: Residential
  • Has Basement: Walkout - Full
  • Cooling System: Heat Pump Electric
  • Outside Features: Balcony, Deck, Paved Driveway, Sunroom
  • Views: Lake
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 1
  • EntryAboveGrdFin Sq Ft: 2077.00
  • ExteriorDoors: French, Wood
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 2
  • Grand Total Attached S Q F T: 4154
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 95.00
  • LowerBelowGrdFin Sq Ft: 2077.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • POACondoDues: 840.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2013-07-12
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Contemporary
  • Total Above Grd Fin S Q F T: 2077
  • TotalBdrm: 3
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 4154.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Off Street Parking
  • WaterAccOnlyB: Deed/Assgn Dock
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: B10A
  • WaterDetailsNumberCoveredSlips: 2
  • 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: Rear Porch, Side Porch

Utilities

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

Association/Amenities

  • Misc Features: Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.60
  • Lot: 24
  • ZoningCode: R1

Green Features

  • Water Features: Cove, Main Channel, Southern Exposure

Building Info

  • Year Built: 1990

Tax Info

  • Taxes (6 mo): 4560.00
  • 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%
Total Days on Market
95
Current Estimated Value
$1,733,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,053,660
Avg. Annual Appreciation
8.19%
Original Mortgage
$430,000
Interest Rate
4.11%
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 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: 791382

Roanoke Valley Association of REALTORS®

APN: 0481002400