416 W Market St Harrisonburg, VA 22801
Waterman Neighborhood
--
Bed
--
Bath
1,900
Sq Ft
5,227
Sq Ft Lot
About This Home
As of April 2025Versatile and affordably priced. Two spacious two bedroom apartments with separate electric and heat (hot water heat - such a warm, non dust raising heat). Abundance of natural light - tall ceilings - level back yard - 2 car parking spaces off street in front. First floor currently leased at $915 monthly/ lease ending last July 2025 - upstairs available for new owner to take as their residence - or to lease out and pay good part of their mortgage. Increase of rental income viewed as very realistic. Very convenient location - close to Memorial Hall and downtown. Built in 1926 with craftmanship care. Some pretty hardwood floors first floor; second floor carpeted or laminate. Quite the find in Harrisonburg. (Please note - measurement/sq. footage are approximate - purchaser - measuring for yourself is encouraged and welcomed.)
Last Agent to Sell the Property
Sheridan Real Estate License #0225110356 Listed on: 01/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,663
Year Built
- Built in 1926
Home Design
- 1,900 Sq Ft Home
- Duplex
- Poured Concrete
Schools
- Waterman Elementary School
- Thomas Harrison Middle School
- Harrisonburg High School
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
Additional Features
- Electric Range
- 5,227 Sq Ft Lot
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 035 Q 27
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2025
Closed on
Mar 19, 2025
Sold by
Hopkins-Garriss Harvey M and Hopkins-Garriss Nancy R
Bought by
Hairston Paul
Seller's Agent
Margaret Sheridan
Sheridan Real Estate
Buyer's Agent
Richard Peterson
Trobaugh Group
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Total Days on Market
46
Views
107
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
-$8,570
Avg. Annual Appreciation
-6.50%
Original Mortgage
$248,200
Outstanding Balance
$247,990
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$83,440
Purchase Details
Closed on
Jan 12, 2005
Sold by
Miller Samuel and Miller Viola B
Bought by
Hopkins Garriss Harvey M and Hopkins Garriss Nancy R
Similar Homes in the area
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 | $340,000 | None Listed On Document | |
| Deed | $340,000 | None Listed On Document | |
| Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $248,200 | New Conventional | |
| Closed | $248,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | Sold | $340,000 | -2.9% | $179 / Sq Ft |
| 03/04/2025 03/04/25 | Pending | -- | -- | -- |
| 01/17/2025 01/17/25 | For Sale | $350,000 | -- | $184 / 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 | $2,547 | $252,200 | $52,800 | $199,400 |
| 2023 | $2,095 | $218,200 | $48,400 | $169,800 |
| 2022 | $1,735 | $186,600 | $44,000 | $142,600 |
| 2021 | $1,565 | $173,900 | $44,000 | $129,900 |
| 2020 | $1,461 | $167,100 | $44,000 | $123,100 |
| 2019 | $1,455 | $166,400 | $44,000 | $122,400 |
| 2018 | $1,111 | $164,300 | $44,000 | $120,300 |
| 2017 | $1,111 | $152,300 | $44,000 | $108,300 |
| 2016 | $1,111 | $152,300 | $44,000 | $108,300 |
| 2015 | $1,111 | $154,300 | $44,000 | $110,300 |
| 2014 | $1,065 | $154,300 | $44,000 | $110,300 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Margaret Sheridan
Sheridan Real Estate
(540) 649-1405
1 in this area
50 Total Sales
-
Buyer's Agent in 2025
Richard Peterson
Trobaugh Group
(540) 908-8926
1 in this area
20 Total Sales
Map
Source: Harrisonburg-Rockingham Association of REALTORS®
MLS Number: 660187
APN: 035-Q-27
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