NOT LISTED FOR SALE

327 Lake Dr Luray, VA 22835

Estimated Value: $353,000 - $356,890

3 Beds
2 Baths
1,656 Sq Ft
$214/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $345,000 $208 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,912/month

141 Days on Market

Highlights

  • Water Views
  • Living Room with Fireplace
  • 1-Story Property
  • Wood Burning Stove
  • Concrete Block With Brick
  • Central Air

About This Home

As of April 2024

BACK ON THE MARKET Here is your opportunity to obtain the "lake house" a successful short term rental sold turn key furnished. Featuring 3 bedrooms 2 bathrooms and a open concept great for entertaining. Large 25x27 living room. A wall of glass separates you from a large deck that overlooks the lake. All the comforts of home including cell service make this the ideal spot for a relaxing getaway that is just a short walk from the Shenandoah River and National forest. Updates include a Brand New Metal roof installed in 20023, 2017 heat pump and a recent bathroom addition. Historical income of appx $40,000 yearly!

Last Agent to Sell the Property

Nick Whitelock

Massanutten Realty License #0225203811 Listed on: 10/03/2023

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,020

Year Built

  • Built in 1953

Lot Details

  • 0.5 Acre Lot
  • Native Plants

Home Design

  • Concrete Block With Brick
  • Vinyl Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Water Views
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Green Features

Schools

  • Luray Elementary And Middle School
  • Luray High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include road maint
  • Page Valley Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14A1-1-20

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,020

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1656
  • Design: Bungalow
  • L V T Date: 10/03/2023
  • Nameof Property: The Lake House
  • Parcel Number: 14A1-1-20
  • Price Per Sq Ft: 208.33
  • Property Excluded: only items to be removed will be a few personal items and pieces of artwork
  • Property Included: Property sold furnished including appliances, only items to be removed will be a few personal items and pieces of artwork
  • Total Sq Ft: 1656
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: PAGE VALLEY ESTATES
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Wood Burning
  • Laundry: Dryer, Washer
  • Total Finished Sq Ft: 1656
  • Above Grade Finished Sq Ft: 1656
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Cabinets Counters: Formica Counter
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number Beds: 3
  • Full Bathrooms: 2
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.5
  • View: Water View

Utilities

  • Cooling: Central AC
  • Heating: Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Installed Engineered
  • Water: Community Water

Condo/Co-op/Association

  • HOA/COA Amenities: None
  • Association Fee: HOA
  • Association Includes: Road Maint

Green Features

  • Green Features: Yes
  • Green Lot: Native Plants

Building Info

  • Year Built: 1953

Tax Info

  • Year: 2022
  • Taxes: 1020

MLS Schools

  • HighSchool: Luray
  • Middle School: Luray
  • Elementary School: Luray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 12, 2020
Sold by
Davis Christina A
Bought by
327 Lake Drive Llc
Seller's Agent
Chase Louderback
Funkhouser Real Estate Group: Luray
Buyer's Agent
Nick Whitelock
Massanutten Realty
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$354,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,945
Avg. Annual Appreciation
21.11%

Purchase Details

Closed on
Jun 13, 2005
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
327 Lake Drive Llc $125,000 --
-- $160,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $345,000 +4.6% $208 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
10/25/2023 10/25/23 For Sale $329,900 0.0% $199 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $329,900 +163.9% $199 / Sq Ft
08/13/2020 08/13/20 Sold $125,000 -3.8% $75 / Sq Ft View Prior Sale
06/23/2020 06/23/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $129,900 -- $78 / 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 $899 $123,100 $30,000 $93,100
2024 $899 $123,100 $30,000 $93,100
2023 $899 $123,100 $30,000 $93,100
2022 $899 $123,100 $30,000 $93,100
2021 $899 $123,100 $30,000 $93,100
2020 $1,020 $139,700 $25,000 $114,700
2019 $1,020 $139,700 $25,000 $114,700
2018 $978 $139,700 $25,000 $114,700
2017 $922 $139,700 $25,000 $114,700
2016 $922 $139,700 $25,000 $114,700
2015 $984 $153,700 $25,000 $128,700
2014 $984 $153,700 $25,000 $128,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 646227

Harrisonburg-Rockingham Association of REALTORS®

APN: 14A1-1-20