NOT LISTED FOR SALE

850 Gangplank Rd Unit 305 Moneta, VA 24121

Estimated Value: $468,000 - $525,000

2 Beds
2 Baths
1,040 Sq Ft
$328/mo HOA Fee

Last Sold July 14, 2020

Last sale price $275,000 $264 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,162/month

147 Days on Market

Highlights

  • 1 Dock Slip
  • Lake View
  • Screened Porch
  • Golf Course Community
  • Waterfront
  • Community Pool

About This Home

As of July 2020

This 2 bed 2 bath condo has great outdoor entertaining area, screened porch & deck! It's just steps away from your deeded dock. Wide & long water views are relaxing. Part of Waterfront CC via membership. Pool, tennis, restaurant, 18 hole golf course, driving range, pickleball, fitness center, fine dining restaurant, cocktail lounge overlooking 18th green, great opportunity to make new friends. This private condo has a great room including dining & kitchen & flows out to your outdoor area. Friends and family are sure to want to come every weekend. H/W in kitchen and foyer . Kitchen & laundry have nice white cabinets. Black refrig, stove, microwave, trash compactor & D/W. Nice size utility room gives you that added storage. Large closets. Was not in rental program but would do well.

Last Agent to Sell the Property

Mary Lou McDonald

ML REALTY BROKERED BY MAGNOLIA MOUNTAIN REALTY LLC License #0225059567 Listed on: 01/24/2020

Last Buyer's Agent

Kathryn Pignatella

FIRST CHOICE REAL ESTATE LLC - HARDY License #0225236405

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1985

Lot Details

  • Waterfront

HOA Fees

  • $328 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces

Home Design

  • Slab Foundation

Interior Spaces

  • 1,040 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Screened Porch
  • Storage
  • Lake Views

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Compactor

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Party Deck
  • Rip-Rap
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Patio

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

Community Details

Overview

  • Rlm Associates Association
  • The Waterfront Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,572

Year Built

Built in 1985

Lot Details

0

HOA Fees

$328 per month

Listing Details

  • Interior Features: Ceiling Fan, Gas Log Fireplace, Storage
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Compacter, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Patio, Screened Porch
  • Views: Lake, Sunset
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1040.00
  • ExteriorDoors: Full View
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1040
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Phone Email: 540-297-7669
  • P O A Condo Contact Name: RLM Associates
  • POACondoDues: 328.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-06-19
  • Residential Type: Attached
  • Total Above Grd Fin S Q F T: 1040
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1040.00
  • UncoveredNumberSpaces: 2.00
  • WaterAccOnlyB: Deed/Assgn Dock
  • Water Class: Waterfront Property
  • WaterDetails: Short Term Rental
  • WaterDetailsChannelMarker: R24
  • WaterDetailsNumberCoveredSlips: 1
  • WaterDetailsRiverOrOther: R24
  • WaterDetailsShorelineMgmtPlan: Yes
  • 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: Rear 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: Varied
  • Property Group Id: 19990816212109142258000000

Green Features

  • Water Features: Main Channel, Riprap Shoreline

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 1572.00
  • FILLTAXID: 0310317100

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
Jan 24, 2020
Closed on
Jul 14, 2020
Sold by
Sewell Christopher A and Sewell Linda M
Bought by
Stone Elly Reid and Stone Wendy Turner
Seller's Agent
Mary Lou McDonald
ML REALTY BROKERED BY MAGNOLIA MOUNTAIN REALTY LLC
Buyer's Agent
Kathryn Pignatella
FIRST CHOICE REAL ESTATE LLC - HARDY
List Price
$274,900
Sold Price
$275,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$496,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,222
Avg. Annual Appreciation
11.50%
Original Mortgage
$261,250
Outstanding Balance
$232,689
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$250,024

Purchase Details

Closed on
Dec 21, 2006
Sold by
Sewell Christopher A and Sewell Linda M
Bought by
Sewell Christopher A and Sewell Linda M

Purchase Details

Closed on
Jul 29, 2005
Sold by
Watts Gordon P and Watts Carole W
Bought by
Watts Gordon P

Purchase Details

Closed on
May 2, 2005
Sold by
Bennett Jackie L and Bennett Janet
Bought by
Sewell Christopher A and Sewell Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Stone Elly Reid $275,000 Old Republic Title Company
Sewell Christopher A -- --
Watts Gordon P -- --
Sewell Christopher A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Elly Reid $261,250
Previous Owner Sewell Christopher A $236,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $275,000 0.0% $264 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $274,900 -- $264 / 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

  • Mary Lou McDonald

    Seller's Agent in 2020

    Mary Lou McDonald

    ML REALTY BROKERED BY MAGNOLIA MOUNTAIN REALTY LLC

    (540) 537-3073

    12 in this area

    154 Total Sales

    Mary Lou McDonald
    Section Image

  • K

    Buyer's Agent in 2020

    Kathryn Pignatella

    FIRST CHOICE REAL ESTATE LLC - HARDY

    (540) 761-1616

    33 in this area

    83 Total Sales

    Kathryn Pignatella
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 866269

Roanoke Valley Association of REALTORS®

APN: 0310317100

Virginia Franklin County Moneta 24121

850 Gangplank Rd Unit 305, Moneta, VA

This home is located at 850 Gangplank Rd Unit 305, Moneta, VA 24121 since 24 January 2020 and is currently estimated at $496,222, approximately $477 per square foot. This property was built in 1985. 850 Gangplank Rd Unit 305 is a home located in Franklin County with nearby schools including Dudley Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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