7 months on rocket

1027 Waterwheel Dr, Moneta, VA, 24121

$1,250,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath, 2 Partial
3,000 SqFt
$417/SqFt
House

Location

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1027 Waterwheel Dr, Moneta$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNot Applicable, N/A
Year BuiltNew Const., 1981
HeatingHeat Pump
CoolingHeat Pump
BasementYes
WaterfrontSouthern Exposure
ViewLake
MLS #906250
Lot Size0.64 Acres
StatusActive

About 1027 Waterwheel Dr

Lakefront Investment Property, Great Location. Zoned Commercial includes four Covered Docks w/lifts Building is divided into an upper and lower apartment/office with two meters. Perfect for office or for Partnership, Family or Friends to Purchaser for investment/apartments. Currently on a septic system, but Public Sewer is available for hookup. Great Visibility from Main Route 122 . Electronic Sign Conveys, Lower Level has private parking and upper level has private parking. All Inspections are for Purchasers Benefit at Purchasers Cost.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1981
  • Stories: 1
  • Living Area: 3,000 SqFt

Listing Office:

  • Office Name: LONG & FOSTER - SMITH MTN LAKE

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Tile - i.e. ceramic

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Southern Exposure
  • View: Lake
  • Exterior: Sunroom

Parking Information:

  • Parking: Not Applicable, N/A

Lot Features

Lot Information:

  • Lot Size: 0.64 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Cross Halesford Bridge from Franklin County onto Bedford County, turn Right onto Waterwheel to property on Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $417/SqFt

Tax Information:

  • Annual Amount: $2,703
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Moneta, VA.

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Moneta, VA

City

Med. Sold Price

$526.9K

Med. Price/SqFt

$298

Avg. Days On Market

58

# of Sold Homes

29

1027 Waterwheel Dr vs Moneta

234 DAYS ON ROCKET

+176 Days

$1,250,000

+$723K More

$417/SqFt

+$118 More

KEY TAKEAWAY

This property is $723K more than the Median Sold Price and $118/SqFt more than other homes in Moneta, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #906250

Listing Office:

  • Office Name: LONG & FOSTER - SMITH MTN LAKE

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,703$540,600
2020$2,703$540,600
2019$2,703$540,600

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-332949
6
/10

  • Moneta Elementary School

  • 12718 Moneta Rd

  • 3.75 miles

  • Public District Grades PK-5

school-card-donut-332950
7
/10

  • Dudley Elementary School

  • 7250 Brooks Mill Rd

  • 6.85 miles

  • Public District Grades PK-5

school-card-donut-332951
6
/10

  • Burnt Chimney Elementary School

  • 80 Burnt Chimney Rd

  • 9.13 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,986. Typical income of Moneta, VA residents is between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1027 Waterwheel Dr

What is the listing price of this property?

The listing price of 1027 Waterwheel Dr property is $1,250,000.

What type of property is this?

The property 1027 Waterwheel Dr is a house located in Moneta, Virginia, 24121.

Is this property for sale now?

Active Listing: 1027 Waterwheel Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,703 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1027 Waterwheel Dr has 3 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 1027 Waterwheel Dr is 3,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1027 Waterwheel Dr is 1981.

Rocket Homes›Virginia›Bedford County›Moneta›24121›1027 Waterwheel Dr

This home is located at 1027 Waterwheel Dr in Moneta, VA and zip code 24121. This 3,000 square foot home, which was built in 1981, sits on a 0.64 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $1,250,000.

While more than 7 listings in Moneta, VA in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 16 were sold below. The number of listings in Moneta, VA increased by 14% between September 2024 and October 2024. In October 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $526,975.

From Rocket Homes Real Estate and based on county public records data.

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