Seller's Agent in 2025
Ronald Flores
Funkhouser Real Estate Group
(540) 421-2630
19 in this area
306 Total Sales
40 South Ave Unit I Harrisonburg, VA 22801
Pleasant Acres Neighborhood
3
Beds
2
Baths
965
Sq Ft
1986
Built
Highlights
- Main Floor Primary Bedroom
- Central Air
- Heat Pump System
About This Home
As of September 2025Spacious 3-Bedroom, 2-Bath Condo in Prime Location – Investor’s Dream! Don’t miss this rare opportunity! This beautifully maintained 3-bedroom, 2-bathroom condominium offers spacious living in a highly sought-after, convenient location. Perfect for investors or homeowners alike, this unit features an open floor plan, ample natural light, and modern finishes throughout. Located just minutes from shopping, dining, public transit, and major highways, it’s ideal for renters or residents seeking accessibility and comfort. Whether you’re expanding your portfolio or buying your first home, this is a smart investment that won’t last long!
Last Agent to Sell the Property
Funkhouser Real Estate Group License #0225105860 Listed on: 07/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,212
Year Built
- Built in 1986
HOA Fees
- $160 per month
Home Design
- 965 Sq Ft Home
- Property Attached
- Stick Built Home
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Schools
- Keister Elementary School
- Thomas Harrison Middle School
- Harrisonburg High School
Utilities
- Central Air
- Heat Pump System
Community Details
- University Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 019-E- 40I
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2025
Closed on
Sep 4, 2025
Sold by
Flores Ronald and Posada Francisco Rafael
Bought by
Rgb Capital Llc
Seller's Agent
Ronald Flores
Funkhouser Real Estate Group
Buyer's Agent
Duncan Rutherford
Real Broker LLC
List Price
$144,900
Sold Price
$145,000
Premium/Discount to List
$100
0.07%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.39%
Original Mortgage
$130,500
Outstanding Balance
$130,500
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$17,520
Purchase Details
Closed on
Apr 18, 2023
Sold by
North Acton Llc
Bought by
Flores Ronald and Posada Francisco Rafael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $145,000 | Stewart Title | |
| Deed | $145,000 | Stewart Title | |
| Bargain Sale Deed | $115,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,500 | New Conventional | |
| Closed | $130,500 | New Conventional | |
| Previous Owner | $86,250 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Sold | $145,000 | +0.1% | $150 / Sq Ft |
| 07/29/2025 07/29/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | For Sale | $144,900 | -- | $150 / Sq Ft |
Source: Harrisonburg-Rockingham Association of REALTORS®
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 |
|---|---|---|---|---|
| 2024 | $1,204 | $119,200 | $20,000 | $99,200 |
| 2023 | $0 | $104,500 | $16,000 | $88,500 |
| 2022 | $717 | $77,100 | $16,000 | $61,100 |
| 2021 | $518 | $57,600 | $12,000 | $45,600 |
| 2020 | $501 | $57,600 | $12,000 | $45,600 |
| 2019 | $501 | $57,600 | $12,000 | $45,600 |
| 2018 | $356 | $57,600 | $12,000 | $45,600 |
| 2017 | $356 | $49,400 | $12,000 | $37,400 |
| 2016 | $356 | $49,400 | $12,000 | $37,400 |
| 2015 | $356 | $49,400 | $12,000 | $37,400 |
| 2014 | -- | $49,400 | $12,000 | $37,400 |
Source: Public Records
Agents Affiliated with this Home
-
Ronald Flores
-
Duncan Rutherford
Buyer's Agent in 2025
Duncan Rutherford
Real Broker LLC
(540) 607-1532
25 in this area
49 Total Sales
Map
Source: Harrisonburg-Rockingham Association of REALTORS®
MLS Number: 666722
APN: 019-E-40-I
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