$1,566,000
SOLD FEB 25, 2025

90 Southern Key Moneta, VA 24121

4 Beds
3 Baths
2,961 Sq Ft
0.54 Acres

Recently Sold

$529 Per Sq Ft

4% Above List Price

5 Days on Market

Highlights

  • 166 Feet of Waterfront
  • 2 Dock Slips
  • Deck
  • Dudley Elementary School Rated A-
  • Lake View
  • Contemporary Architecture

About This Home

As of February 2025

A rare opportunity to own a lakefront residence in one of SML's most sought after neighborhoods - Southwind Key. Located off lower Scruggs Road and the lower Blackwater, this home sits on a deep-water bay and offers one of the best long water views on the lake, with mountain and sunrise views. Flat and short walk to the dock with covered sitting area, jet ski lift, boathouse, and 2 covered slips. Recent major home upgrades include custom kitchen(2023), dining, great room, foyer, basement, cedar lined closet, home office, decking / custom railing, roll out awning, HVAC and humidifier(2021) and septic system(2024). Numerous other upgrades and convenience touches have been made. Please see documents for more details.

Last Agent to Sell the Property

Eric Fansler

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225083679 Listed on: 01/08/2025

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Co-Listed By

Tom Fansler

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225062675

Last Buyer's Agent

Tricia Johnson

PROPERTY NAVIGATORS LLC License #0225079258

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,731

Year Built

  • Built in 1997

Lot Details

  • 0.54 Acre Lot
  • 166 Feet of Waterfront
  • Gentle Sloping Lot
  • Property is zoned A1

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Hardboard

Interior Spaces

  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Bay Window
  • Storage
  • Lake Views
  • Alarm System

Kitchen

  • Built-In Oven
  • Electric Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Personal Watercraft Lift
  • Rip-Rap
  • Dock has a Storage Area
  • 2 Dock Slips
  • Covered Dock
  • Deck
  • Front Porch

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 22

Community Details

Overview

  • Gene Ervin Association
  • Southwind Key Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,731

Year Built

Built in 1997

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Interior Features: Alarm, All Drapes, Book Shelves, Cathedral Ceiling, Ceiling Fan, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Range Hood, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Bay Window, Deck, Paved Driveway
  • Views: Lake, Sunrise
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1930.00
  • ExteriorDoors: Full View, Screen
  • FullBathsFullBathsLowerLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 166.00
  • LowerBelowGrdFin Sq Ft: 1031.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Phone Email: ervin4735@rcn.com / 610-704-6522
  • P O A Condo Contact Name: Gene Ervin
  • POACondoDues: 760.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • Primary Covered Parking S Q F T: 517
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: Southwind Key
  • Total Above Grd Fin S Q F T: 1930
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2961.00
  • TotalUnfin Sq Ft: 146.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 146.00
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: B10
  • WaterDetailsNumberCoveredSlips: 2
  • WaterDetailsShorelineMgmtPlan: Yes
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Underground Util

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.54
  • Lot: 22
  • ZoningCode: A1

Green Features

  • Water Features: Cove, Riprap Shoreline

Building Info

  • Year Built: 1997

Tax Info

  • Taxes (6 mo): 4731.00

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 8, 2025
Closed on
Feb 3, 2025
Sold by
Beals Robert E and Beals Beth M
Bought by
Elsey Linda
Seller's Agent
Eric Fansler
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Tricia Johnson
PROPERTY NAVIGATORS LLC
List Price
$1,499,900
Sold Price
$1,566,000
Premium/Discount to List
$66,100
4.41%
Views
12
Current Estimated Value
$1,623,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,824
Avg. Annual Appreciation
4.31%

Purchase Details

Listed on
Apr 24, 2014
Closed on
Oct 29, 2014
Sold by
Ibaugh Warren G
Bought by
Beals Robert E and Beals Beth M
Seller's Agent
Eric Fansler
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Dave Gresham
SMITH MOUNTAIN LAKE REALTY LLC
List Price
$749,000
Sold Price
$675,000
Premium/Discount to List
-$74,000
-9.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$540,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Ibaugh Warren G and Ibaugh Virginia R
Bought by
Ibaugh Warren G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $1,566,000 Fidelity National Title
Deed $675,000 First American Title Ins Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $540,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2025 02/25/25 Sold $1,566,000 +4.4% $529 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $1,499,900 +122.2% $507 / Sq Ft
12/11/2014 12/11/14 Sold $675,000 -9.9% $205 / Sq Ft View Prior Sale
10/06/2014 10/06/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $749,000 -- $227 / 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
2025 $4,534 $1,054,490 $310,000 $744,490
2024 $4,521 $1,051,500 $310,000 $741,500
2023 $4,099 $672,000 $305,000 $367,000
2022 $4,099 $672,000 $305,000 $367,000
2021 $4,099 $672,000 $305,000 $367,000
2020 $4,099 $672,000 $305,000 $367,000
2019 $3,972 $651,200 $305,000 $346,200
2018 $3,972 $651,200 $305,000 $346,200
2017 $3,582 $653,200 $305,000 $348,200
2016 $3,582 $653,200 $305,000 $348,200
2015 -- $653,200 $305,000 $348,200
2014 -- $653,200 $305,000 $348,200
2013 -- $653,200 $305,000 $348,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 913445

Roanoke Valley Association of REALTORS®

APN: 0481302200