$375,000
SOLD OCT 6, 2023

1641 Smithland Rd Harrisonburg, VA 22802

1.8 Acres
$208,333 Price per Acre
78,408 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

50% Below List Price

2,212 Days on Market

Highlights

  • Partially Wooded Lot
  • Timber
  • 1-minute walk to Smithland Road Dog Park

About This Lot

As of August 2024

1.8 Acres of development potential. Lots of road frontage with great visibility - Good location on Smithland Road. Per the City of Harrisonburg rezoning is an option to medium density mixed residential, R5, high density residential, R6 or R7 mixed use. Existing dwelling sold "as is", stone home. Bridge construction beside the property, across I-81, to being Fall 2022 per VDOT (article attached)

Last Agent to Sell the Property

Corri Collins

Weichert Realtors Nancy Beahm Real Estate License #0225083119 Listed on: 08/07/2017

Weichert Realtors Nancy Beahm Real Estate

Last Buyer's Agent

Emily Harris-Henry

Harman Realty Inc License #0225253703

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,000

Lot Details

  • 1.8 Acre Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned R-1 Single Family Residential

Parking

  • Driveway

Schools

  • Smithland Elementary School
  • Skyline Middle School
  • Harrisonburg High School

Additional Features

  • Timber
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 063 B 3, 063 B 4

Property Details

Property Type

Land

Est. Annual Taxes

$2,000

Lot Details

0

Listing Details

  • Class: LAND
  • Property Type: Development
  • L V T Date: 08/09/2017
  • Parcel Number: 063 B 3, 063 B 4
  • Price Per Sq Ft: 208333.33
  • Zoning: R-1 Single Family Residential
  • Best Use: Commercial Development, Multi-Family, Residential
  • Current Use: Vacant
  • Road Street: Paved, Public Rd
  • Timber: Mixed
  • Comments: No
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Lot Improvements: Manager's Residence, Shed

Interior Features

  • Land Description: Partly Cleared, Partly Wooded

Exterior Features

  • Number Of Acres: 1.8

Garage/Parking

  • Driveway: Yes

Utilities

  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer Available
  • Water: Public Water Available
  • Electric: Routed to Property

Schools

  • Elementary School: Smithland
  • Middle School: Skyline
  • High School: Harrisonburg

Lot Info

  • Deed Book: 4358
  • Deed Book Page: 425

Tax Info

  • Year: 2023
  • Taxes: 2000

MLS Schools

  • HighSchool: Harrisonburg
  • Middle School: Skyline
  • Elementary School: Smithland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Oct 4, 2023
Sold by
Lowell Miller Trust
Bought by
Harris-Henry Emily S and Raju Praveen
Seller's Agent
Corri Collins
Weichert Realtors Nancy Beahm Real Estate
Buyer's Agent
Emily Harris-Henry
Harman Realty Inc
List Price
$750,000
Sold Price
$375,000
Premium/Discount to List
-$375,000
-50%
Current Estimated Value
$339,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,806
Avg. Annual Appreciation
-5.17%
Original Mortgage
$300,000
Outstanding Balance
$295,022
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$44,172
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $375,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2024 08/06/24 Sold $319,900 0.0% $199 / Sq Ft
03/31/2024 03/31/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $319,900 -14.7% $199 / Sq Ft
10/06/2023 10/06/23 Sold $375,000 0.0% $233 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $375,000 -50.0% $233 / Sq Ft
08/07/2017 08/07/17 For Sale $750,000 -- $466 / 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 $3,753 $371,600 $224,200 $147,400
2023 $1,928 $200,800 $66,000 $134,800
2022 $1,551 $166,800 $60,000 $106,800
2021 $1,416 $157,300 $60,000 $97,300
2020 $1,361 $153,400 $60,000 $93,400
2019 $1,361 $153,400 $60,000 $93,400
2018 $1,063 $150,100 $60,000 $90,100
2017 $1,063 $147,600 $60,000 $87,600
2016 $1,063 $147,600 $60,000 $87,600
2015 $1,063 $147,600 $60,000 $87,600
2014 -- $155,000 $60,000 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 565610

Harrisonburg-Rockingham Association of REALTORS®

APN: 063-B-3