Seller's Agent in 2023
Lauren Reed
Funkhouser Real Estate Group: Luray
(540) 742-3996
190 in this area
400 Total Sales
3
Beds
1
Bath
2,652
Sq Ft
3,920
Sq Ft Lot
Highlights
- Porch
- Forced Air Heating System
- Baseboard Heating
About This Home
As of October 2023Calling all investors, you are not going to want to miss this one! This 3-unit apartment building in the heart of downtown Luray is full of possibilities. The property is zoned B-1 and located on a quiet street. The lower apartment is an efficiency unit which is currently being operated as a successful short-term rental (and comes fully furnished). The two additional apartments could be either long-term or short-term rentals. The upper two apartments each contain three bedrooms and one-and-a-half bathrooms, and one even comes fully furnished. Two garage spaces and a common laundry room offer additional benefits for tenants. Recent improvements to the property include a new roof, new gutters, and new roof vents. Additionally, a new 3T 14 SEER central HVAC system for all three units and new LG mini-splits in the lower apartment add to the comfort. This property is located directly across from the Hawksbill Greenway, Ruffner Plaza, and all that downtown Luray has to offer. Do not miss out on this incredible investment opportunity in the heart of downtown Luray with views of the Hawksbill Creek!
Last Agent to Sell the Property
Funkhouser Real Estate Group: Luray License #0225248751 Listed on: 10/02/2023
Last Buyer's Agent
Funkhouser Real Estate Group: Luray License #0225248751 Listed on: 10/02/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,849
Year Built
- Built in 1949
Lot Details
- 3,920
Home Design
- 2,652 Sq Ft Home
- Triplex
- Block Foundation
- Stone Foundation
Schools
- Luray Elementary And Middle School
- Luray High School
Utilities
- Ductless Heating Or Cooling System
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Propane
- Baseboard Heating
Additional Features
- Porch
- 3,920 Sq Ft Lot
Community Details
- 3 Units
- Town Of Luray Subdivision
Listing and Financial Details
- The owner pays for insurance, taxes
- Assessor Parcel Number 42A11-A-171A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 16, 2007
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | $180,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/24/2023 10/24/23 | Sold | $350,000 | -6.7% | $132 / Sq Ft |
| 10/05/2023 10/05/23 | Pending | -- | -- | -- |
| 10/02/2023 10/02/23 | For Sale | $375,000 | +63.0% | $141 / Sq Ft |
| 06/16/2021 06/16/21 | Sold | $230,000 | +18.3% | $87 / Sq Ft |
| 06/07/2021 06/07/21 | Pending | -- | -- | -- |
| 06/02/2021 06/02/21 | For Sale | $194,500 | -- | $73 / Sq Ft |
Source: Harrisonburg-Rockingham Association of REALTORS®
Tax History Compared to Growth
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 | $1,331 | $182,300 | $40,000 | $142,300 |
| 2024 | $1,331 | $182,300 | $40,000 | $142,300 |
| 2023 | $1,331 | $182,300 | $40,000 | $142,300 |
| 2022 | $1,331 | $182,300 | $40,000 | $142,300 |
| 2021 | $1,331 | $182,300 | $40,000 | $142,300 |
| 2020 | $1,323 | $181,300 | $40,000 | $141,300 |
| 2019 | $1,324 | $181,300 | $40,000 | $141,300 |
| 2018 | $1,269 | $181,300 | $40,000 | $141,300 |
| 2017 | $1,197 | $181,300 | $40,000 | $141,300 |
| 2016 | $1,197 | $181,300 | $40,000 | $141,300 |
| 2015 | $995 | $155,500 | $35,000 | $120,500 |
| 2014 | $995 | $155,500 | $35,000 | $120,500 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Reed
-
Bryce Rowland
Seller's Agent in 2021
Bryce Rowland
Coldwell Banker (NRT-Southeast-MidAtlantic)
(202) 302-0437
6 in this area
53 Total Sales
Map
Source: Harrisonburg-Rockingham Association of REALTORS®
MLS Number: 646213
APN: 42A11 A 171A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 102 S Hawksbill St
- 100 Rae Ct
- 66 N Broad St
- 220 Mechanic St
- 144 S Court St
- 148 S Court St
- 152 S Court St
- 123 E Main St
- 115 E Page St
- 422 Mechanic St
- 156 S Court St
- 2 Terrace Ln
- 62 Rosser Dr
- 2 Greenfield Rd
- 111 Seventh Ave
- 0 Cottage Dr
- 133 Painters Woods Rd
- 18 Greenfield Rd
- 4 Cottage Dr
- 750 W Main St