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308 Larboard Drive

308 Larboard Drive, Moneta, VA 24121
House in Franklin
Sold Aug 06, 2021
$825,000
$660,000 by First Horizon Bank
Mortgage Due Sep 01, 2036
Sold May 27, 2005
Transfer
$422,500 by Abn Amro Mortgage Group Inc
Mortgage Due Jun 01, 2035
308 Larboard Drive has been categorized by the local assessors in Moneta, VA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 16 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 308 Larboard Drive has 1,918 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,800 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 35,806 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 529 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 308 Larboard Drive sold most recently in Jul 30, 2021 for a total of $825,000. If you work out the math, that's approximately a cost of $430.14 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,712 in taxes each year. 308 Larboard Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $608,600. If we break it down further, the land itself was valued at $155,000. Improvements to the property, however, were assessed at a total of $453,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 16
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,800
  • Garage Type: Garage
  • Garage Square Area: 529
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 35,806
  • Total Building Area: 1,918
  • Building Area: 1,918
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,918
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE WATER FRON
  • Land Acres: 0.822
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: THE WATER FRONT LOT 49-A SEC 2

Ownership

  • Current Owner : FELDMAN JEROME ALAN
  • Current Owner 2: FELDMAN SHARON GAIL
  • Previous Owner : SCOTT RANDY O
  • Previous Owner 2: SCOTT DEBORA J
  • Owner Before Previous Owner: LOWE RODGER D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin County Public Schools
  • Census Tract: 020104

Zoning

  • Zoning: RPD

Geography

  • Section: 2
  • Parcel: 031 03-053 00
  • Lot: 49-A
  • Municipality: GILLS CREEK
  • Latitude: 37.1046
  • Longitude: -79.6642

    Address

  • Full Address: 308 Larboard Dr
  • Address - House Number: 308
  • Address - Street Name: Larboard
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Moneta
  • Carrier Code: R005
  • 4-Digit Zip Code: 2316
  • Zip Code: 24121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,712

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 1,010,267
  • High Value: 1,216,792
  • Low Value: 803,742

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $660,000
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Loan Amount: $660,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $608,600
  • Market Land Value: $155,000
  • Market Improvement Value: $453,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $608,600
  • Assessed Land Value: $155,000
  • Assessed Improvements Value: $453,600

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11848349185
  • Current Sale Price: $825,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 210007316
  • Previous Sale Recording Date: May 27, 2005
  • Previous Sale Contract Date: May 23, 2005
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON BANK
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $660,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: May 27, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $422,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2035

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 308 Larboard Drive located in?
The 308 Larboard Drive is a house located in the neighborhood of Franklin in North Shore, Moneta.
What is the average sales price for listings in 308 Larboard Drive?
The average sales price for units in 308 Larboard Drive is $825,000 , or $222/sqft. currently.

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