Seller's Agent in 2022
Craig Alexander
Coldwell Banker Premier
(540) 671-6082
12 in this area
108 Total Sales
Estimated Value: $194,000 - $230,613
--
Bed
2
Baths
2,283
Sq Ft
$93/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Electric Baseboard Heater
- Dwelling with Rental
- Forced Air Heating System
About This Home
As of September 2022*Investor opportunity in the town of Luray - within walking distance of downtown and the Hawksbill Greenway. Make this your very own home and rent out the cottage - or - turn all 3 units into vacation rentals - or - keep the 2 existing tenants and live/rent in the upstairs unit. *Tons of potential *Property is in need of some repairs - will need cash or conventional loan *With full occupancy, property was earning $1500/month in income. *Each tenant pays electric - landlord provides water, sewer, & trash *Saturday showings only to accommodate tenant schedules
Last Agent to Sell the Property
Coldwell Banker Premier License #0225171903 Listed on: 08/02/2022
Last Buyer's Agent
Will Dudley
Bill Dudley & Associates Real Estate, Inc
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,377
Year Built
- Built in 1930
Lot Details
- 0.25 Acre Lot
- Property is in average condition
Home Design
- 2,283 Sq Ft Home
- Colonial Architecture
- Farmhouse Style Home
- Dwelling with Rental
- Permanent Foundation
- Aluminum Siding
Parking
- 5 Parking Spaces
- 5 Driveway Spaces
- On-Street Parking
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- 3 Units
- 2-Story Building
Listing and Financial Details
- Tax Lot 107
- Assessor Parcel Number 42A3 A 107
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2021
Closed on
Jul 6, 2021
Sold by
Travis Hoke
Bought by
Hansinger Nicholas P and Rubino Anna L
Seller's Agent
Lauren Reed
Funkhouser Real Estate Group
Buyer's Agent
Lauren Reed
Funkhouser Real Estate Group
List Price
$170,000
Sold Price
$193,000
Premium/Discount to List
$23,000
13.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,307
Avg. Annual Appreciation
2.34%
Original Mortgage
$138,750
Outstanding Balance
$126,167
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$86,140
Purchase Details
Closed on
Jan 19, 1990
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 |
|---|---|---|---|
| Hansinger Nicholas P | $193,000 | -- | |
| -- | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hansinger Nicholas P | $138,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2022 09/19/22 | Sold | $150,000 | -16.7% | $66 / Sq Ft |
| 09/15/2022 09/15/22 | Pending | -- | -- | -- |
| 08/29/2022 08/29/22 | Price Changed | $180,000 | -7.7% | $79 / Sq Ft |
| 08/02/2022 08/02/22 | For Sale | $195,000 | +1.0% | $85 / Sq Ft |
| 07/07/2021 07/07/21 | Sold | $193,000 | +13.5% | $85 / Sq Ft |
| 04/20/2021 04/20/21 | Pending | -- | -- | -- |
| 04/13/2021 04/13/21 | For Sale | $170,000 | -- | $74 / Sq Ft |
Source: Bright MLS
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 | $998 | $136,700 | $25,000 | $111,700 |
| 2024 | $998 | $136,700 | $25,000 | $111,700 |
| 2023 | $998 | $136,700 | $25,000 | $111,700 |
| 2022 | $998 | $136,700 | $25,000 | $111,700 |
| 2021 | $998 | $136,700 | $25,000 | $111,700 |
| 2020 | $986 | $135,000 | $25,000 | $110,000 |
| 2019 | $986 | $135,000 | $25,000 | $110,000 |
| 2018 | $945 | $135,000 | $25,000 | $110,000 |
| 2017 | $891 | $135,000 | $25,000 | $110,000 |
| 2016 | $891 | $135,000 | $25,000 | $110,000 |
| 2015 | $905 | $141,400 | $25,000 | $116,400 |
| 2014 | $905 | $141,400 | $25,000 | $116,400 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Alexander
-
W
Buyer's Agent in 2022
Will Dudley
Bill Dudley & Associates Real Estate, Inc
-
Lauren Reed
Seller's Agent in 2021
Lauren Reed
Funkhouser Real Estate Group
(540) 742-3996
188 in this area
398 Total Sales
Map
Source: Bright MLS
MLS Number: VAPA2001500
APN: 42A3-A-107
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