NOT LISTED FOR SALE

536 Pheasant Run Cir Harrisonburg, VA 22801

Estimated Value: $259,423 - $274,000

4 Beds
2.5 Baths
1,440 Sq Ft
$186/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $239,900 $167 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,651/month

6 Days on Market

Highlights

  • Central Air
  • Heat Pump System
  • Stone Fireplace

About This Home

As of January 2024

Here is a rare opportunity to invest in Pheasant Run! The current going rent is $475 a room but rents are going up to $505 next year. The manufacture date of the HVAC is 2016. The owner paid fees include: HOA (monthly) - $55; Electric Bill consideration - up to $120 per month (usually lower); Water Bill Consideration - up to $60 per month (usually lower); Internet/Cable - $214 per Quarter. The current owner uses Pheasant Run to manage the property and only pays a leasing fee ($160 last year). The current leases are through the current school year. The tenants have not been approached about renewing their lease for the next school year. The bank that holds the lien says the mortgage is assumable. A buyer would have to meet qualifications. The mortgage of just over $100,000 at 5.25% 30 year fixed. You wont want to miss this one!

Last Agent to Sell the Property

Mattias Clymer

Funkhouser Real Estate Group License #0225212451 Listed on: 10/26/2023

Last Buyer's Agent

Brian Ratliff

Old Dominion Realty Inc License #0225214484

Old Dominion Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 1999

Lot Details

  • 2,178 Sq Ft Lot

HOA Fees

  • $55 per month

Home Design

  • Property Attached
  • Slab Foundation
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Keister Elementary School
  • Thomas Harrison Middle School
  • Harrisonburg High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Pheasant Run Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005 G 18

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,759

Year Built

Built in 1999

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Property Type: Residential
  • Parcel Number: 005 G 18
  • Property Sub Type: Attached
  • LotSizeAcres: 0.05
  • Co List Office Mls Id: 6180
  • Subdivision Name: PHEASANT RUN
  • Above Grade Finished Sq Ft: 1440.0
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Stone
  • Living Area: 1440.0
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Composition, Shingle
  • Disclosures: Seller Disclosure
  • Common Walls: 2+ Common Walls
  • Construction Type: Stick Built, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Utilities

  • Heating: Central, Heat Pump
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 55.0

Schools

  • Elementary School: Keister
  • Middle Or Junior School: Thomas Harrison

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Land Lease Expiration Date: 2024-04-26
  • Zoning Description: R-3 Medium Density Residential

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1758.63

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • HighSchool: Harrisonburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Dec 18, 2023
Sold by
Jackson Keith D and Jackson Courtney R
Bought by
Khan Zulfiqar Tariq and Khan Amber
Seller's Agent
Mattias Clymer
Funkhouser Real Estate Group
Buyer's Agent
Brian Ratliff
Old Dominion Realty Inc
List Price
$239,900
Sold Price
$239,900
Views
44
Current Estimated Value
$267,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,956
Avg. Annual Appreciation
6.56%
Original Mortgage
$179,925
Outstanding Balance
$177,598
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$88,799
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
Khan Zulfiqar Tariq $239,900 West View Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Zulfiqar Tariq $179,925
Previous Owner Mansfield Gregory F $98,775
Previous Owner Mansfield Gregory F $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $239,900 0.0% $167 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $239,900 -- $167 / 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
2024 $2,167 $214,600 $32,000 $182,600
2023 $0 $189,100 $32,000 $157,100
2022 $0 $169,700 $32,000 $137,700
2021 $1,359 $151,000 $30,000 $121,000
2020 $1,241 $142,900 $30,000 $112,900
2019 $1,231 $141,700 $30,000 $111,700
2018 $1,002 $139,300 $30,000 $109,300
2017 $1,002 $139,100 $30,000 $109,100
2016 $1,002 $139,100 $30,000 $109,100
2015 $1,002 $139,100 $30,000 $109,100
2014 -- $139,100 $30,000 $109,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 647032

Harrisonburg-Rockingham Association of REALTORS®

APN: 005-G-18