$233,000
SOLD JUL 22, 2025

1331 Devon Ln Harrisonburg, VA 22801

3 Beds
1.5 Baths
1,254 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$186 Per Sq Ft

3% Below List Price

22 Days on Market

About This Home

As of July 2025

Investment opportunity near JMU! This 3-bedroom, 1.5-bath end-unit townhome is located just half a mile from campus and is fully leased through late July 2026, generating $23,199 annual income. Situated on a spacious lot, the property features a rear deck and convenient access to university amenities. This excellent location is near dining, JMU's Sentara Park, and more, making it a good addition to your investment portfolio.

Last Agent to Sell the Property

Kemper Funkhouser

Funkhouser Real Estate Group License #0225073408 Listed on: 05/12/2025

Last Buyer's Agent

Duncan Rutherford

Real Broker LLC License #0225240181

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,996

Year Built

  • Built in 1970

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Property Attached
  • Block Foundation
  • Stick Built Home

Interior Spaces

  • 1,254 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Stone Spring Elementary School
  • Skyline Middle School
  • Rocktown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Devonshire Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 092 D 12

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,996

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Parcel Number: 092 D 12
  • Property Sub Type: Attached
  • LotSizeAcres: 0.11
  • Subdivision Name: DEVONSHIRE VILLAGE
  • Above Grade Finished Sq Ft: 1254.0
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • PreviousStandardStatus: Pending
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1254.0
  • Stories: 2

Exterior Features

  • Disclosures: Seller Disclosure
  • Common Walls: End Unit
  • Construction Type: Stick Built
  • Foundation Details: Block

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Stone Spring
  • Middle Or Junior School: Skyline

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Zoning Description: R-3 Medium Density Residential

Rental Info

  • LeaseAmount: 2025.0

Building Info

  • Year Built: 1970

Tax Info

  • Year: 2025
  • Tax Annual Amount: 1996.0

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • HighSchool: Rocktown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2025
Closed on
Jun 18, 2025
Sold by
Devon Lane 131-133 Llc
Bought by
Pontiac Properties Llc
Seller's Agent
Kemper Funkhouser
Funkhouser Real Estate Group
Buyer's Agent
Duncan Rutherford
Real Broker LLC
List Price
$240,000
Sold Price
$233,000
Premium/Discount to List
-$7,000
-2.92%
Views
37
Current Estimated Value
$240,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,124
Avg. Annual Appreciation
6.34%
Original Mortgage
$186,400
Outstanding Balance
$185,924
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving
Estimated Equity
$54,200

Purchase Details

Closed on
Dec 27, 2017
Sold by
Davis Bruce Garland and Davis Elizabeth Irby
Bought by
Devon Lane 131 133 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,500
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 2009
Sold by
Reynolds S Eugene and Reynolds Irene
Bought by
Davis Bruce G and Davis Elizabeth I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Deed $233,000 None Listed On Document
Deed $233,000 None Listed On Document
Deed $256,900 None Available
Deed -- West View Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $186,400 Credit Line Revolving
Closed $186,400 Credit Line Revolving
Previous Owner $205,500 Credit Line Revolving
Previous Owner $95,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2025 07/22/25 Sold $233,000 -2.9% $186 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
05/12/2025 05/12/25 For Sale $240,000 -- $191 / 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
2025 $1,924 $197,600 $34,000 $163,600
2024 $1,924 $190,500 $34,000 $156,500
2023 $0 $175,900 $34,000 $141,900
2022 $0 $156,000 $34,000 $122,000
2021 $1,229 $136,500 $32,000 $104,500
2020 $1,154 $132,800 $32,000 $100,800
2019 $1,127 $129,700 $32,000 $97,700
2018 $876 $128,700 $32,000 $96,700
2017 $876 $128,400 $32,000 $96,400
2016 $876 $121,600 $32,000 $89,600
2015 $876 $121,600 $32,000 $89,600
2014 -- $121,600 $32,000 $89,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 664467

Harrisonburg-Rockingham Association of REALTORS®

APN: 092-D-12