NOT LISTED FOR SALE

990 Lakemount Dr Moneta, VA 24121

Estimated Value: $1,093,000 - $1,742,000

4 Beds
3.5 Baths
3,697 Sq Ft
$348/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $1,230,000 $333 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,994/month

3 Days on Market

Highlights

  • 110 Feet of Waterfront
  • 1 Dock Slip
  • Deck
  • Dudley Elementary School Rated A-
  • Lake View
  • Contemporary Architecture

About This Home

As of April 2024

Enjoy the Peaceful Water Views from this well maintained and updated lakefront home. Just minutes away from Bridgewater Plaza. As you enter through the front door you are greeted with a large open format style great room, dining area and eat in kitchen along with a stonewall fireplace located in the center. Looking out the back you will have a large multi-level open deck with a retractable awning overlooking a magnificent lake view. Down the hallway you will have a half bathroom, laundry and a spacious master suite. 2 more bedrooms with a connected bathroom. Going downstairs you have another living room and a room (decorated as a bedroom), a full bath and large storage room. The oversized 3 car garage and workshop is heated and cooled. Outside, the front yard has an abundance of trees and

Last Agent to Sell the Property

Daniel Scott

MKB, REALTORS(r) - AT THE LAKE License #0225224316 Listed on: 03/11/2024

Last Buyer's Agent

Deborah Beran

DEB BERAN PROPERTIES License #0225040422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,944

Year Built

  • Built in 1987

Lot Details

  • 0.86 Acre Lot
  • 110 Feet of Waterfront
  • Cul-De-Sac
  • Gentle Sloping Lot
  • Property is zoned R1

Home Design

  • Contemporary Architecture

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 6 Open Parking Spaces
  • 3 Parking Spaces
  • Tuck Under Garage
  • Off-Street Parking

Outdoor Features

  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered 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 Details

  • No Home Owners Association
  • Lakemount Subdivision

Listing and Financial Details

  • Tax Lot 27

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,944

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Gas Log Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Paved Driveway
  • Views: Lake
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1901.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 110.00
  • LowerBelowGrdFin Sq Ft: 1045.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRLowerLvl: 1
  • NumberPrimCovSpaces: 3.00
  • OtherBelowGrdFin Sq Ft: 751.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 751
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubdivisionMap: Lakemount
  • Total Above Grd Fin S Q F T: 1901
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3697.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 37.00
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 37.00
  • WaterAccOnlyAAccessOnOffSite: On Site
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: R30
  • WaterDetailsNumberCoveredSlips: 1
  • WaterDetailsShorelineMgmtPlan: Y
  • 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: Rear Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cul-de-sac, Paved Road

Lot Info

  • Lot Description: Gentle Slope, Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.86
  • Lot: 27
  • ZoningCode: R1

Green Features

  • Water Features: Riprap Shoreline

Building Info

  • Year Built: 1987

Tax Info

  • Taxes (6 mo): 4944.26

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
Mar 11, 2024
Closed on
Apr 26, 2024
Sold by
Bowman Kurt Brian and Bowman Shawn Ann
Bought by
Lackey Timothy Michael and Lackey Michelle Dionne
Seller's Agent
Daniel Scott
MKB, REALTORS(r) - AT THE LAKE
Buyer's Agent
Deborah Beran
DEB BERAN PROPERTIES
List Price
$1,150,000
Sold Price
$1,230,000
Premium/Discount to List
$80,000
6.96%
Views
10
Current Estimated Value
$1,288,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,150
Avg. Annual Appreciation
2.67%

Purchase Details

Listed on
Jul 1, 2019
Closed on
Aug 1, 2019
Sold by
Patitucci Richard C and Patitucci Susan L
Bought by
Bowman Kurt Brian and Bowman Shawn Ann
Seller's Agent
Glenda McDaniel
LONG & FOSTER - SMITH MTN LAKE
List Price
$639,500
Sold Price
$640,000
Premium/Discount to List
$500
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%
Original Mortgage
$480,000
Interest Rate
3.7%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Lackey Timothy Michael $1,230,000 Court Street Title
Lackey Timothy Michael $1,230,000 Court Street Title
Bowman Kurt Brian $640,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowman Kurt Brian $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2024 04/26/24 Sold $1,230,000 +7.0% $333 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $1,150,000 +79.7% $311 / Sq Ft
08/15/2019 08/15/19 Sold $640,000 +0.1% $160 / Sq Ft View Prior Sale
07/07/2019 07/07/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $639,500 -- $160 / 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
2025 $3,486 $810,600 $210,000 $600,600
2024 $3,486 $810,600 $210,000 $600,600
2023 $3,888 $637,300 $205,000 $432,300
2022 $3,888 $637,300 $205,000 $432,300
2021 $3,888 $637,300 $205,000 $432,300
2020 $3,888 $637,300 $205,000 $432,300
2019 $3,165 $518,800 $205,000 $313,800
2018 $3,165 $518,800 $205,000 $313,800
2017 $2,853 $525,300 $205,000 $320,300
2016 $2,853 $525,300 $205,000 $320,300
2015 $2,837 $525,300 $205,000 $320,300
2014 $2,837 $525,300 $205,000 $320,300
2013 $2,837 $525,300 $205,000 $320,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 905660

Roanoke Valley Association of REALTORS®

APN: 0150304800