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Sold for $468,000 on 07/31/24
  • $468,000

    850 Gangplank Rd UNIT 311, Moneta, VA 24121

    2beds
    1,040sqft
    Condominium
    Built in 1985
    -- sqft lot
    $506,000 Zestimate®
    $450/sqft
    $1,724 Estimated rent

    Home value

    $506,000

    $364,000 - $708,000

    $1,724/mo

    Zestimate® history
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    What's special

    New Refrigerator Installed 5/24!! Capture this rare opportunity to move in and /or invest to a 2 bedroom, 2 full bath, PARKING LOT LEVEL (entrance to unit) condominium with spectacular views in the Waterfront Community at Smith Mountain Lake, VA! Enjoy wide-water, breathtaking views from your deck or screened-in-porch. The covered, deeded boat slip with a huge community party deck are part of this condo home. The walkable community has an HOA and provides lawn care as well as building and dock maintenance for an easy , lake-living lifestyle. Optional golf and pool membership are available at The Waterfront Country Club providing golf, tennis, pickleball, pool, fitness room, fine dining and a cocktail lounge overlooking the 18th hole. The HOA takes care of everything outside the walls of the unit. There are three buildings each with 18 units for 54 total units. There are 4 different layouts which yields four different assessment percentages. Building 300 is the lowest. Slips are deeded. The docks and decks are commonly owned. Rentals are allowed and subject to Franklin County rules and regulations. Owners in the building are renting for $200+ per night on VRBO. Owners are ready for offers!

    Zillow last checked: 8 hours ago

    Listing updated: September 28, 2024 at 02:01pm

    Listed by:

    COLLEEN MARSTON 540-204-3417,

    LONG & FOSTER - SMITH MTN LAKE

    Bought with:

    PEG WHEELER, 0225253630

    DEB BERAN PROPERTIES

    Source: RVAR,MLS#: 907292MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump Electric
    Cooling
    • Heat Pump Electric
    Appliances
    • Included: Dryer, Washer, Dishwasher, Microwave, Electric Range, Refrigerator
    Features
    • Flooring: Carpet, Ceramic Tile
    • Windows: Screens, Storm Window(s)
    • Has basement: No
    Interior area
    • Total structure area: 1,040
    • Total interior livable area: 1,040 sqft
    • Finished area above ground: 1,040

    Property

    Parking
    • Parking features: Off Street
    • Has uncovered spaces: Yes
    Features
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Waterfront, Main Channel
    • Body of water: Smith Mtn Lake
    Lot
    • Features: Cleared
    Details
    • Parcel number: 0310317200
    • Zoning: RPD

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Cement Block, Wood
    Condition
    • Completed
    • Year built: 1985

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Community System
    • Utilities for property: Cable Connected, Underground Utilities, Cable

    Community & neighborhood

    Community
    • Community features: Golf
    Location
    • Region: Moneta
    • Subdivision: The Waterfront

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $499 monthly

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/31/2024Sold$468,000$450/sqft
    Source: RVAR #907292
    7/11/2024Pending sale$468,000$450/sqft
    Source: RVAR #907292
    5/3/2024Price change$468,000-1.5%$450/sqft
    Source: RVAR #907292
    4/22/2024Listed for sale$475,000+88.5%$457/sqft
    Source: Owner
    5/13/2016Sold$252,000$242/sqft
    Source: RVAR #819771

    Public tax history

    YearProperty taxesTax assessment
    2025$1,833 $426,300
    2024$1,833 +13.1%$426,300 +60.4%
    2023$1,621 $265,700

    Find assessor info on the county website

    Neighborhood: 24121

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Dudley
    • Middle: Ben Franklin Middle
    • High: Franklin County

    Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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