NOT LISTED FOR SALE

131 Clinton St Harrisonburg, VA 22802

Estimated Value: $323,000 - $401,836

5 Beds
4 Baths
4,598 Sq Ft
$79/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $290,000 $63 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,084/month

200 Days on Market

About This Home

As of February 2024

An investment opportunity awaits! This spacious duplex in Harrisonburg city offers strong rental income potential. Offering a generous layout with two separate units. One unit boasts four bedrooms, providing ample space for tenants, while the other unit offers a cozy one-bedroom layout with a full bathroom. This duplex will appeal to a wide range of potential tenants which could enhance your rental income. Prime location, ample parking with more possibilities make this a no brainer! Don't let this investment opportunity go by the way side. Schedule a showing today!

Last Agent to Sell the Property

Kozhin Ahmad

Harman Realty Inc License #0225241065 Listed on: 05/18/2023

Last Buyer's Agent

Kozhin Ahmad

Harman Realty Inc License #0225241065 Listed on: 05/18/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,546

Year Built

  • Built in 1950

Lot Details

  • 0.31 Acre Lot

Home Design

  • 4,598 Sq Ft Home
  • Duplex
  • Block Foundation

Schools

  • Waterman Elementary School
  • Thomas Harrison Middle School
  • Harrisonburg High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heat Pump System

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for electricity, sewer, water
  • Assessor Parcel Number 041 F 8 9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,546

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Parcel Number: 041 F 8 9
  • Property Sub Type: Duplex
  • LotSizeAcres: 0.31
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 6156
  • Subdivision Name: NONE
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer
  • Basement: Finished, Walk-Out Access
  • Living Area: 4598.0

Exterior Features

  • Roof: Composition, Shingle
  • Foundation Details: Block

Utilities

  • Heating: Forced Air
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Heat Pump, Window Unit(s)
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Waterman
  • Middle Or Junior School: Thomas Harrison

Lot Info

  • Land Lease Expiration Date: 2023-12-14
  • Zoning Description: R-2 Residential

Rental Info

  • Owner Pays: Electricity, Sewer, Water
  • LeaseAmount: 2550.0

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2546.34

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Harrisonburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Feb 12, 2024
Sold by
Qambari Rasheed Q and Qambari Samira K
Bought by
K & M Rental Llc
Seller's Agent
Kozhin Ahmad
Harman Realty Inc
Buyer's Agent
Kozhin Ahmad
Harman Realty Inc
List Price
$354,900
Sold Price
$290,000
Premium/Discount to List
-$64,900
-18.29%
Views
538
Current Estimated Value
$330,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,459
Avg. Annual Appreciation
9.78%
Original Mortgage
$290,400
Outstanding Balance
$281,910
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$50,739
Source: Public Records

Range of Values:

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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
K & M Rental Llc $290,000 West View Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & M Rental Llc $290,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $290,000 -18.3% $63 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $354,900 -- $77 / Sq Ft
Source: Harrisonburg-Rockingham 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
2024 $3,392 $335,800 $55,000 $280,800
2023 $3,176 $330,800 $55,000 $275,800
2022 $2,546 $273,800 $50,000 $223,800
2021 $2,210 $245,500 $50,000 $195,500
2020 $1,961 $221,000 $50,000 $171,000
2019 $1,742 $195,600 $50,000 $145,600
2018 $1,341 $190,600 $50,000 $140,600
2017 $1,341 $186,300 $50,000 $136,300
2016 $1,341 $186,300 $50,000 $136,300
2015 $1,341 $186,300 $50,000 $136,300
2014 -- $186,300 $50,000 $136,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 641826

Harrisonburg-Rockingham Association of REALTORS®

APN: 041 F 8 9