NOT LISTED FOR SALE

442 1st St Shenandoah, VA 22849

Estimated Value: $636,020

4 Beds
3.5 Baths
3,000 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $427,000 $142 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,453/month

329 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Granite Countertops
  • Concrete Block With Brick

About This Home

As of October 2022

Income-producing investor special! Located in the heart of the Town of Shenandoah with views of Massanutten Mountain and the Shenandoah River, this multi-use building is currently being used as two separate Airbnb units and a speech therapy office. Being sold turnkey with most furnishings, except a few stored personal items. The bottom left is set up as a medical office but could easily be converted to retail space or a spa/massage/beauty salon. The bottom right has a studio unit with a full kitchen and bathroom as well as a queen bed and a living room area. Accessed through the right side, the upstairs of the unit is a full living area with 3 bedrooms and 2 full bathrooms, with an open floor-plan and access to the fenced backyard. Perfect for larger Airbnb parties or could be used as a primary residence.

Last Agent to Sell the Property

Andrea Dorman

Old Dominion Realty Crossroads License #0225229625 Listed on: 10/14/2021

Last Buyer's Agent

Brad Reese

Melinda Beam Shenandoah Valley Real Estate License #0225230205

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $501

Year Built

  • Built in 1933

Lot Details

  • 3,485 Sq Ft Lot
  • Property is zoned C-1 Commercial

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 2-Story Property
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Schools

  • Shenandoah Elementary School
  • Page Middle School
  • Page High School

Utilities

  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 102A3-1-B-2A

Home Details

Home Type

Single Family

Est. Annual Taxes

$501

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 3100
  • Above Grade Unfinished Sq Ft: 100
  • L V T Date: 10/14/2021
  • Parcel Number: 102A3-1-B-2A
  • Price Per Sq Ft: 142.33
  • Property Included: All kitchen appliances, most furniture and decor minus a few stored personal items, grill, playset.
  • Total Sq Ft: 3100
  • Total Unfinished Sq Ft: 100
  • Type of Construction: On Site Built
  • Zoning: C-1 Commercial
  • Subdivision: NONE
  • Comments: No
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Laundry: Dryer, Washer
  • Total Finished Sq Ft: 3000
  • Above Grade Finished Sq Ft: 3000
  • Foundation: Concrete Block
  • Kitchen Cabinets Counters: Granite
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3.5
  • Number Beds: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.08

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Shenandoah
  • Middle School: Page
  • High School: Page

Building Info

  • Year Built: 1933

Tax Info

  • Year: 2021
  • Taxes: 500.78

MLS Schools

  • HighSchool: Page
  • Middle School: Page
  • Elementary School: Shenandoah

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Oct 12, 2022
Sold by
Building At 442 Llc
Bought by
Depot At Shenandoah Llc
Seller's Agent
Andrea Dorman
Old Dominion Realty Crossroads
Buyer's Agent
Brad Reese
Melinda Beam Shenandoah Valley Real Estate
List Price
$495,000
Sold Price
$427,000
Premium/Discount to List
-$68,000
-13.74%
Current Estimated Value
$636,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,020
Avg. Annual Appreciation
14.57%
Original Mortgage
$362,950
Outstanding Balance
$352,721
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$283,299

Purchase Details

Closed on
Jun 19, 2012

Purchase Details

Closed on
Oct 3, 2008
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
Depot At Shenandoah Llc $427,000 --
-- $10,000 --
-- $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Depot At Shenandoah Llc $362,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $427,000 0.0% $142 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
12/29/2021 12/29/21 Off Market $427,000 -- --
10/14/2021 10/14/21 For Sale $495,000 -- $165 / 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 $772 $105,800 $20,000 $85,800
2024 $772 $105,800 $20,000 $85,800
2023 $772 $105,800 $20,000 $85,800
2022 $772 $105,800 $20,000 $85,800
2021 $772 $105,800 $20,000 $85,800
2020 $501 $68,600 $17,400 $51,200
2019 $501 $68,600 $17,400 $51,200
2018 $480 $68,600 $17,400 $51,200
2017 $383 $68,600 $17,400 $51,200
2016 $383 $58,000 $17,400 $40,600
2015 $371 $58,000 $17,400 $40,600
2014 $347 $58,000 $17,400 $40,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 623204

Harrisonburg-Rockingham Association of REALTORS®

APN: 102A3-1-B-2A