$350,000
SOLD MAY 26, 2020

850 Gangplank Rd Unit 315 Moneta, VA 24121

3 Beds
3 Baths
1,331 Sq Ft
1,045 Sq Ft Lot

Recently Sold

$263 Per Sq Ft

9% Below List Price

5 Days on Market

Highlights

  • Boat Dock
  • Lake View
  • Deck
  • Golf Course Community
  • Waterfront
  • Cathedral Ceiling

About This Home

As of June 2025

Beautiful Lake and Mountain Views From this Updated 3 Bedroom 3 Bath Unit. This Property is Located in one of Smith Mountain Lakes Most desirable, Private Water front Communities. The Condo is Furnished and Move in ready. The Kitchen has Been Updated with Granite Counter Tops and Stainless Steel Appliances. The Main Level has an open Floor Plan, The Master bedroom and Bathroom is on the Main Level, you also have a Second Bedroom and Bathroom on the Main Level. The Washer and Dryer are on the Main Level. Upstairs you have a Third Bedroom and Bathroom. The Building has an Elevator and Basic Cable TV are Included in the Monthly HOA. You have a Screened in Porch and an open Deck and a Deeded Covered Boat Slip.Amenities Available are Golf, Tennis, Pool, Fitness Center and Restaurant.

Last Agent to Sell the Property

Benny Hagy

RE/MAX 8 License #0225062724 Listed on: 04/23/2020

RE/MAX 8

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,882

Year Built

  • Built in 1985

Lot Details

  • Waterfront
  • Gentle Sloping Lot

Property Views

  • Lake
  • Mountain

Home Design

  • Slab Foundation

Interior Spaces

  • 1,331 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Party Deck
  • Boat Hoist or Davit
  • Floating Dock
  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 315

Community Details

Overview

  • Property has a Home Owners Association
  • Cindybasber@Rlmassociates.Net Association
  • Gangplank Pointe Subdivision

Recreation

  • Boat Dock
  • Golf Course Community
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,882

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Cathedral Ceiling, 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, Deck, Paved Driveway
  • Views: Lake, Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • BedroomsBRUpperLevel: 1
  • EntryAboveGrdFin Sq Ft: 1040.00
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 1331
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • MasterBedroomsMasterBRUpperLvl: 1
  • Phone Email: 413-422-3534
  • P O A Condo Contact Name: CindyBasber@RLMAssociates.net
  • POACondoDues: 467.00
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-04-28
  • Residential Type: Attached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1331
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 1331.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Designated Spaces
  • UpperAboveGrdFin Sq Ft: 291.00
  • WaterAccOnlyB: Community Dock
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Community System
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Lot: 315
  • Phase: 3

Green Features

  • Water Features: Main Channel

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 1882.00
  • FILLTAXID: 0310316700

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 7, 2025
Closed on
Jun 23, 2025
Sold by
Kovarik Living Trust and Kovarik Daniel G
Bought by
Kessler Keith A and Kessler Patricia M
Seller's Agent
Van Casteel Daniel
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Kendra Porter
VIRGINIA REALTY GROUP
List Price
$679,950
Sold Price
$650,000
Premium/Discount to List
-$29,950
-4.4%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.68%
Original Mortgage
$570,000
Outstanding Balance
$569,515
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$63,148

Purchase Details

Listed on
Apr 23, 2020
Closed on
May 14, 2020
Sold by
Radford James W
Bought by
Kovarik Daniel G and Kovarik Ruth A
Seller's Agent
Benny Hagy
RE/MAX 8
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%

Purchase Details

Closed on
Jul 6, 2005
Sold by
Treblig Enterprises Inc
Bought by
Radford James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2005
Sold by
Reynolds Charles R
Bought by
Treblig Enterprises Inc
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
Deed $650,000 Pike Title
Deed $650,000 Pike Title
Deed $350,000 Acquisition Ttl & Setmnt Agc
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $570,000 VA
Closed $570,000 VA
Previous Owner $354,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $650,000 -1.5% $488 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/27/2025 05/27/25 Price Changed $659,950 -2.9% $496 / Sq Ft
05/07/2025 05/07/25 For Sale $679,950 +94.3% $511 / Sq Ft
05/26/2020 05/26/20 Sold $350,000 -9.1% $263 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $385,000 -- $289 / 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 $2,203 $512,400 $108,000 $404,400
2023 $1,966 $322,300 $105,000 $217,300
2022 $1,966 $322,300 $105,000 $217,300
2021 $1,966 $322,300 $105,000 $217,300
2020 $1,966 $322,300 $105,000 $217,300
2019 $1,993 $326,800 $104,000 $222,800
2018 $1,993 $326,800 $104,000 $222,800
2017 $1,797 $306,600 $79,000 $227,600
2016 $1,797 $306,600 $79,000 $227,600
2015 -- $306,600 $79,000 $227,600
2014 -- $306,600 $79,000 $227,600
2013 -- $306,600 $79,000 $227,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 868835

Roanoke Valley Association of REALTORS®

APN: 0310316700