NOT LISTED FOR SALE

162 Lake Dr Luray, VA 22835

Estimated Value: $266,306 - $289,000

2 Beds
1 Bath
784 Sq Ft
$354/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $238,500 $304 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,381/month

21 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Baseboard Heating
  • Concrete Block With Brick

About This Home

As of August 2023

BACK ON MARKET DUE TO NO FAULT OF SELLER. IN ITS FIRST WEEKENEND ON THE MARKET WE RECIEVED MULTIPLE OFFERS. Successful Airbnb/Short Term Rental home sold turnkey and fully furnished with the right offer!! Have your own cabin to retreat to or make a great investment - lots of possibilities here. No HOA! Many updates have been completed in the last few years to make this rental as successful as it has become. Page Valley Estates is tucked in the mountains of Luray and is just moments from the Shenandoah River. There is a spacious deck great for entertaining or having a cook-out. Enjoy a cozy campfire by the fire pit or in the winter relax by the warmth of the fireplace! Peace and quiet are easily found here - reach out to your Realtor today to see this gem in person! Comes furnished at the right price! Less than 20 minutes to Luray, two hours to DC!

Last Agent to Sell the Property

Gordon Cowan

Weichert Realtors Nancy Beahm Real Estate License #0225242767 Listed on: 07/21/2023

Weichert Realtors Nancy Beahm Real Estate

Last Buyer's Agent

Michael Cook

EXP REALTY LLC

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $694

Year Built

  • Built in 1963

Lot Details

  • 0.32 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Schools

  • Springfield Elementary School
  • Luray Middle School
  • Luray High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Wood
  • Septic Tank

Community Details

  • Page Valley Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14A1 1 33

Home Details

Home Type

Single Family

Est. Annual Taxes

$694

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 784
  • Below Grade Total Sq Ft: 784
  • L V T Date: 07/21/2023
  • Parcel Number: 14A1 1 33
  • Price Per Sq Ft: 304.21
  • Property Included: Property comes fully furnished with the right offer.
  • Total Sq Ft: 1568
  • Total Unfinished Sq Ft: 784
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: PAGE VALLEY ESTATES
  • Comments: No
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Unfinished Below Grade Sq Ft: 784
  • Total Finished Sq Ft: 784
  • Above Grade Finished Sq Ft: 784
  • Foundation: Concrete Block
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number Beds: 2
  • Full Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.32

Garage/Parking

  • Garage: Yes
  • Garage Features: Detached
  • Number of Car Spaces: 1

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard, Wood
  • Sewer/Septic System: Septic Tank
  • Water: Community Water

Building Info

  • Year Built: 1963

Tax Info

  • Year: 2021
  • Taxes: 694

MLS Schools

  • HighSchool: Luray
  • Middle School: Luray
  • Elementary School: Springfield (Page)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Sep 14, 2023
Sold by
Sullivan Darryl J
Bought by
Kt3 Llc
Seller's Agent
Gordon Cowan
Weichert Realtors Nancy Beahm Real Estate
Buyer's Agent
Michael Cook
EXP REALTY LLC
List Price
$235,000
Sold Price
$238,500
Premium/Discount to List
$3,500
1.49%
Views
77
Current Estimated Value
$255,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,190
Avg. Annual Appreciation
6.43%
Original Mortgage
$178,875
Outstanding Balance
$175,249
Interest Rate
7.2%
Mortgage Type
Construction
Estimated Equity
$102,404

Purchase Details

Closed on
Nov 22, 1993
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kt3 Llc $238,500 --
-- $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kt3 Llc $178,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2023 08/14/23 Sold $238,500 +1.5% $304 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $235,000 0.0% $300 / Sq Ft
08/05/2023 08/05/23 Price Changed $235,000 +4.4% $300 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $225,000 -- $287 / 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 $694 $95,100 $20,000 $75,100
2024 $694 $95,100 $20,000 $75,100
2023 $694 $95,100 $20,000 $75,100
2022 $694 $95,100 $20,000 $75,100
2021 $694 $95,100 $20,000 $75,100
2020 $643 $88,100 $20,000 $68,100
2019 $643 $88,100 $20,000 $68,100
2018 $617 $88,100 $20,000 $68,100
2017 $581 $88,100 $20,000 $68,100
2016 $581 $88,100 $20,000 $68,100
2015 $541 $84,600 $20,000 $64,600
2014 $541 $84,600 $20,000 $64,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 643935

Harrisonburg-Rockingham Association of REALTORS®

APN: 14A1-1-33