$607,500
SOLD MAR 14, 2017

70 Lake Forest Terrace Moneta, VA 24121

4 Beds
3.5 Baths
3,217 Sq Ft
0.97 Acres

Recently Sold

$189 Per Sq Ft

16% Below List Price

621 Days on Market

Highlights

  • 107 Feet of Waterfront
  • Lake View
  • Contemporary Architecture
  • 2 Dock Slips
  • Deck
  • Wooded Lot

About This Home

As of May 2024

Water view from every room. Hardwood, Tile and Carpet. Fireplace. Marble Countertops, gas cooking (Tank Passes) Paver Walkway to Large Double Boathouse. Large Balcony, Bedroom or Office. Walk in Attic. Great Construction. Professional Landscaping .Deep clean water. Home inspection completed & all repairs made. Radon Mitigation already installed. Bradford already ok'd no wood destroying insects.

Last Agent to Sell the Property

Mary Lou McDonald

ML REALTY BROKERED BY MAGNOLIA MOUNTAIN REALTY LLC License #0225059567

Last Buyer's Agent

Phyllis Johnson

RE/MAX LAKEFRONT REALTY INC License #0225113616

RE/MAX LAKEFRONT REALTY INC

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,241

Year Built

  • Built in 1991

Lot Details

  • 0.97 Acre Lot
  • 107 Feet of Waterfront
  • Gentle Sloping Lot
  • Wooded Lot

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • Cathedral Ceiling
  • Heatilator
  • Gas Log Fireplace
  • Drapes & Rods
  • Insulated Doors
  • Great Room with Fireplace
  • Screened Porch
  • Lake Views
  • Alarm System

Kitchen

  • Built-In Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Rip-Rap
  • Boat Hoist or Davit
  • 2 Dock Slips
  • Covered Dock
  • Deck
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 8

Community Details

Overview

  • Waverly Subdivision

Recreation

  • Community Pool
  • Trails

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,241

Year Built

Built in 1991

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Interior Features: Alarm, All Drapes, Cathedral Ceiling, Gas Log Fireplace, Whirlpool Bath
  • Heating System: Heat Pump Electric, Heat Pump Gas
  • Fireplace(s): Great Room
  • Type: Residential
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Patio, Paved Driveway, Screened Porch
  • Views: Lake, Sunset
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 1
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 1372.00
  • ExteriorDoors: Insulated
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 3217
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Undetermined
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 107.00
  • LowerBelowGrdFin Sq Ft: 650.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • OtherAboveGrdFin Sq Ft: 150.00
  • POACondoDues: 55.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2017-01-19
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: Waverly
  • Total Above Grd Fin S Q F T: 2567
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3217.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1045.00
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: B10
  • 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: PrivSept-permit unav
  • Water Description: Community System
  • 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

Green Features

  • Energy Features: 2 X 6 Exterior Walls, Heatolater
  • Water Features: Cove, Riprap Shoreline

Lot Info

  • Lot Description: Gentle Slope, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.97
  • Lot: 8

Building Info

  • Year Built: 1991

Tax Info

  • Taxes (6 mo): 3241.00
  • FILLTAXID: 0481005500

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
May 24, 2024
Closed on
May 13, 2024
Sold by
Johnson Steven Kirk and Steven Kirk Johnson Revocable Trust
Bought by
Freire Otavio and Freire Cassandra D
Seller's Agent
Phyllis Johnson
RE/MAX LAKEFRONT REALTY INC
Buyer's Agent
David Simon
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$1,450,000
Sold Price
$1,450,000
Total Days on Market
621
Views
2
Current Estimated Value
$1,548,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,234
Avg. Annual Appreciation
6.71%
Original Mortgage
$766,000
Outstanding Balance
$758,722
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$789,512

Purchase Details

Closed on
Apr 13, 2023
Sold by
Johnson Steven K and Johnson Lynne A
Bought by
Steven Kirk Johnson Revocable Trust and Lynne Ann Johnson Revocable Trust

Purchase Details

Listed on
May 9, 2015
Closed on
Mar 1, 2017
Sold by
Wessel John J
Bought by
Johnson Steven K and Johnson Lynne A
Seller's Agent
Mary Lou McDonald
ML REALTY BROKERED BY MAGNOLIA MOUNTAIN REALTY LLC
Buyer's Agent
Phyllis Johnson
RE/MAX LAKEFRONT REALTY INC
List Price
$719,000
Sold Price
$607,500
Premium/Discount to List
-$111,500
-15.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Original Mortgage
$10,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2006
Sold by
Muldoon William E and Muldoon Marion F
Bought by
Wessel John J and Wessel Elaine

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,450,000 Fidelity National Title
Gift Deed -- None Listed On Document
Deed $600,000 Old Republic National Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $766,000 New Conventional
Previous Owner $481,500 New Conventional
Previous Owner $10,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $1,450,000 0.0% $473 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $1,450,000 +138.7% $473 / Sq Ft
03/14/2017 03/14/17 Sold $607,500 -15.5% $189 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
05/09/2015 05/09/15 For Sale $719,000 -- $224 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $4,279 $995,100 $265,000 $730,100
2023 $4,016 $658,400 $260,000 $398,400
2022 $4,016 $658,400 $260,000 $398,400
2021 $4,016 $658,400 $260,000 $398,400
2020 $4,016 $658,400 $260,000 $398,400
2019 $3,972 $651,200 $260,000 $391,200
2018 $3,972 $651,200 $260,000 $391,200
2017 $3,582 $623,200 $260,000 $363,200
2016 $3,582 $623,200 $260,000 $363,200
2015 -- $623,200 $260,000 $363,200
2014 -- $623,200 $260,000 $363,200
2013 -- $623,200 $260,000 $363,200
Source: Public Records

Source: Roanoke Valley Association of REALTORS®

MLS Number: 814910

Roanoke Valley Association of REALTORS®

APN: 0481005500