NOT LISTED FOR SALE

850 Gangplank Rd Unit 303 Moneta, VA 24121

Estimated Value: $462,000 - $505,000

2 Beds
2 Baths
1,040 Sq Ft
$483/mo HOA Fee

Last Sold February 23, 2024

Last sale price $464,950 $447 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,235/month

1 Day on Market

Highlights

  • Boat Ramp
  • Lake View
  • Screened Porch
  • Golf Course Community
  • Waterfront
  • Ceiling Fan

About This Home

As of February 2024

Enjoy spectacular wide water and mountain views of the main channel from inside and outdoors under your covered porch and screened porch. Just step right out onto the lovely landscaped yard. Beautiful 2 bedroom 2 bath unit with open floor plan. Condo has had over $50,000 in renovations in last 5 years including flooring, lighting, paint, white kitchen cabinets, granite countertops, backsplash, LG appliances, HVAC and both bathrooms have been renovated. Also offers a deeded covered boat slip with boat lift and a huge community party deck. Just move in and immediately start enjoying no maintenance lake living! Parking and elevator makes easy access. Exceptional location. Optional golf and pool membership available in neighborhood at The Waterfront Country Club.

Last Agent to Sell the Property

Susan Jones

LONG & FOSTER - ROANOKE OFFICE License #0225052658 Listed on: 02/07/2024

LONG & FOSTER - ROANOKE  OFFICE

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 1985

Lot Details

  • Waterfront
  • Cleared Lot

HOA Fees

  • $483 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1,040 Sq Ft Home
  • Ceiling Fan
  • Screened Porch
  • Lake Views

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Party Deck
  • Boat Hoist or Davit

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 303

Community Details

Overview

  • Rlm Associates/Lee Merritt Association
  • The Waterfront Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Golf Course Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,552

Year Built

Built in 1985

Lot Details

0

HOA Fees

$483 per month

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Screened Porch
  • Views: Lake
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: Yes
  • EntryAboveGrdFin Sq Ft: 1040.00
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1040
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Phone Email: 5405989450 | Merritt@RLMassociates.com
  • P O A Condo Contact Name: RLM Associates/Lee Merritt
  • POACondoDues: 483.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2024-02-08
  • Residential Type: Attached
  • Style Of House: Other - See Remarks
  • SubdivisionMap: The Waterfront
  • Total Above Grd Fin S Q F T: 1040
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1040.00
  • WaterAccOnlyB: Community Boat Ramp, Community Dock, Deed/Assgn Dock
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Community System
  • 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

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Lot: 303
  • Phase: 3

Green Features

  • Water Features: Main Channel

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 1551.84
  • FILLTAXID: 0310316500

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
Feb 7, 2024
Closed on
Feb 22, 2024
Sold by
Humbert Donald A and Humbert Tracy B
Bought by
Tenser James H
Seller's Agent
Susan Jones
LONG & FOSTER - ROANOKE OFFICE
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$474,950
Sold Price
$464,950
Premium/Discount to List
-$10,000
-2.11%
Views
8
Current Estimated Value
$478,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,342
Avg. Annual Appreciation
4.34%

Purchase Details

Listed on
Aug 16, 2019
Closed on
Feb 12, 2020
Sold by
Harris Bonnie P
Bought by
Humbert Donald A and Humbert Tracy B
Seller's Agent
Monica Nicely
KELLER WILLIAMS REALTY ROANOKE
Buyer's Agent
Susan Jones
LONG & FOSTER - ROANOKE OFFICE
List Price
$295,464
Sold Price
$286,250
Premium/Discount to List
-$9,214
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$245,258
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2017
Closed on
Oct 17, 2017
Sold by
Ely Anita M and Ely Seth H
Bought by
Harris Bonnie P
Seller's Agent
Lynn Martin
MKB, REALTORS(r)
Buyer's Agent
Ashley Beason
WAINWRIGHT & CO., REALTORS(r)
List Price
$266,000
Sold Price
$252,000
Premium/Discount to List
-$14,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tenser James H $464,950 Priority Title
Humbert Donald A $286,250 First American Title Ins Co
Harris Bonnie P $252,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Humbert Donald A $245,258
Previous Owner Harris Bonnie P $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $464,950 -2.1% $447 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $474,950 +65.9% $457 / Sq Ft
02/28/2020 02/28/20 Sold $286,250 -3.1% $275 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $295,464 +17.2% $284 / Sq Ft
11/30/2017 11/30/17 Sold $252,000 -5.3% $242 / Sq Ft
10/08/2017 10/08/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $266,000 -- $256 / 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 $1,814 $421,800 $108,000 $313,800
2023 $1,552 $254,400 $105,000 $149,400
2022 $1,552 $254,400 $105,000 $149,400
2021 $1,552 $254,400 $105,000 $149,400
2020 $1,552 $254,400 $105,000 $149,400
2019 $1,573 $257,800 $104,000 $153,800
2018 $1,573 $257,800 $104,000 $153,800
2017 $1,418 $236,000 $79,000 $157,000
2016 $1,418 $236,000 $79,000 $157,000
2015 $1,274 $236,000 $79,000 $157,000
2014 $1,274 $236,000 $79,000 $157,000
2013 $1,274 $236,000 $79,000 $157,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 904847

Roanoke Valley Association of REALTORS®

APN: 0310316500