NOT LISTED FOR SALE

Estimated Value: $395,000 - $423,173

3 Beds
2.5 Baths
1,866 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $393,660 $211 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,656/month

116 Days on Market

Highlights

  • Central Air
  • 2 Car Garage
  • Heating System Uses Natural Gas
  • Spotswood High School Rated A-

About This Home

As of May 2023

NEW Townhome in desirable Preston Lake showcasing views of the lush landscaping and all within walking distance to the clubhouse, swimming pool, park and playground. Each townhome is individually designed and thoughtfully crafted with a modern yet timeless touch. This charming and bright home is filled with luxury finishes featuring stone countertops, stainless steel appliances, gas cooking, nine foot ceilings, detached two car garage with private courtyard and much more. Move-In Ready! *Pictures are of the model home, will be built similar to.

Last Agent to Sell the Property

Michael Pugh

Old Dominion Realty Inc License #0225107646 Listed on: 01/05/2023

Old Dominion Realty Inc

Last Buyer's Agent

Sandy Martin

Kline May Realty License #0225002665

Kline May Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,219

Year Built

  • Built in 2022

Lot Details

  • 8,712 Sq Ft Lot

HOA Fees

  • $230 per month

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Property Attached
  • Poured Concrete
  • Shingle Siding
  • Stick Built Home

Interior Spaces

  • 1,866 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Cub Run Elementary School
  • Montevideo Middle School
  • Spotswood High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Built by EVERGREENE HOMES
  • Preston Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number Lot 13C

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,219

Year Built

Built in 2022

Lot Details

0

HOA Fees

$230 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Parcel Number: Lot 13C
  • Property Sub Type: Attached
  • LotSizeAcres: 0.2
  • Co List Office Mls Id: 6175
  • Subdivision Name: PRESTON LAKE
  • Above Grade Finished Sq Ft: 1866.0
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Special Features: NewHome

Interior Features

  • Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1866.0
  • Stories: 2

Exterior Features

  • Builder Name: EVERGREENE HOMES
  • Common Walls: 2+ Common Walls
  • Construction Type: Fiber Cement, Stick Built, Shingle Siding
  • Foundation Details: Poured

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Natural Gas
  • Utilities: Cable Available, High Speed Internet Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 230.0

Schools

  • Elementary School: Cub Run (Rockingham)
  • Middle Or Junior School: Montevideo

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Land Lease Expiration Date: 2024-04-30
  • Zoning Description: R-4 Residential Planned Community

Building Info

  • Year Built: 2022

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • HighSchool: Spotswood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
May 30, 2023
Sold by
Mlk Preston Lake Llc
Bought by
Prevatte Cheryl Ann
Seller's Agent
Michael Pugh
Old Dominion Realty Inc
Buyer's Agent
Sandy Martin
Kline May Realty
List Price
$398,660
Sold Price
$393,660
Premium/Discount to List
-$5,000
-1.25%
Views
44
Current Estimated Value
$411,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,633
Avg. Annual Appreciation
1.98%
Original Mortgage
$323,660
Outstanding Balance
$315,348
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$95,945

Purchase Details

Closed on
Dec 11, 2012
Sold by
Redus Va Housing Llc
Bought by
Mlk Preston Lake Llc

Purchase Details

Closed on
Feb 3, 2011
Sold by
Lewis William K
Bought by
Redus Va Housing Llc
Source: Public Records

Range of Values:

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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
Prevatte Cheryl Ann $393,660 Centerview Title
Mlk Preston Lake Llc $2,000,000 Valley Southern Title
Redus Va Housing Llc $3,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prevatte Cheryl Ann $323,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $393,660 -1.3% $211 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $398,660 -- $214 / 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 $2,219 $320,700 $55,000 $265,700
2024 $2,219 $320,700 $55,000 $265,700
2023 $450 $55,000 $55,000 $0
2022 $374 $55,000 $55,000 $0
2021 $407 $55,000 $55,000 $0
2020 $407 $55,000 $55,000 $0
2019 $407 $55,000 $55,000 $0
2018 $407 $55,000 $55,000 $0
2017 $407 $55,000 $55,000 $0
2016 $385 $55,000 $55,000 $0
2015 $369 $55,000 $55,000 $0
2014 $352 $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 637557

Harrisonburg-Rockingham Association of REALTORS®

APN: 125A-3-L13C