NOT LISTED FOR SALE

550 Peake Mountain Rd Harrisonburg, VA 22802

Estimated Value: $263,000 - $305,000

3 Beds
1 Bath
960 Sq Ft
$292/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $219,900 $229 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,566/month

1 Day on Market

Highlights

  • Concrete Block With Brick
  • 1-Story Property
  • Forced Air Heating System
  • Turner Ashby High School Rated A-

About This Home

As of July 2021

Secluded ranch house that has been totally renovated with new paint, kitchen, appliances, flooring has been refinished, and many more great features. Plenty of yard space for a garden. Great starter home.

Last Agent to Sell the Property

Chad Branson

Old Dominion Realty Inc License #0225093865 Listed on: 05/10/2021

Old Dominion Realty Inc

Last Buyer's Agent

Travis Bowman

Old Dominion Realty Inc License #0225175908

Old Dominion Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,057

Year Built

  • 1972

Lot Details

  • 1.17 Acre Lot
  • Property is zoned A-2 Agricultural General

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 90-(7)-L7B

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,057

Year Built

1972

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 960
  • Below Grade Total Sq Ft: 960
  • L V T Date: 05/11/2021
  • Parcel Number: 90-(7)-L7B
  • Price Per Sq Ft: 229.06
  • Property Included: Range, Refrigerator, microwave, dishwasher
  • Total Sq Ft: 1920
  • Total Unfinished Sq Ft: 960
  • Type of Construction: On Site Built
  • Zoning: A-2 Agricultural General
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Unfinished Below Grade Sq Ft: 960
  • Basement Type: Full, Unfinished
  • Total Finished Sq Ft: 960
  • Above Grade Finished Sq Ft: 960
  • Basement: Yes
  • Foundation: Concrete Block
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number Beds: 3
  • Full Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 1.17

Utilities

  • Heating: Forced Air, Oil
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

  • Elementary School: Mountain View (Rockingham)
  • Middle School: Wilbur S. Pence
  • High School: Turner Ashby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 23, 2021
Sold by
Premier Renovation And Construction Llc
Bought by
Fisher Michael W
Seller's Agent
Chad Branson
Old Dominion Realty Inc
Buyer's Agent
Travis Bowman
Old Dominion Realty Inc
List Price
$219,900
Sold Price
$219,900
Current Estimated Value
$279,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,963
Avg. Annual Appreciation
6.50%
Original Mortgage
$114,900
Outstanding Balance
$104,705
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$181,629

Purchase Details

Listed on
Aug 5, 2020
Closed on
Oct 7, 2020
Sold by
Cascade Funding Mortgage Trust Hb3
Bought by
Premier Renovation And Construction Llc
Seller's Agent
Gary Mitchell
Massanutten Realty
Buyer's Agent
Chad Branson
Old Dominion Realty Inc
List Price
$92,500
Sold Price
$101,250
Premium/Discount to List
$8,750
9.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
202.82%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fisher Michael W $219,900 Stewart Title Guaranty Co
Premier Renovation And Construction Llc $101,250 Gemini Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Michael W $114,900
Previous Owner Sions Mary K $209,700
Previous Owner Sions Mary K $6,800
Previous Owner Sions Mary K $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $219,900 0.0% $229 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $219,900 +117.2% $229 / Sq Ft
10/29/2020 10/29/20 Sold $101,250 +9.5% $105 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $92,500 -- $96 / 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 $1,057 $155,500 $25,000 $130,500
2024 $1,057 $155,500 $25,000 $130,500
2023 $1,057 $155,500 $25,000 $130,500
2022 $1,057 $155,500 $25,000 $130,500
2021 $735 $99,300 $25,000 $74,300
2020 $735 $99,300 $25,000 $74,300
2019 $0 $99,300 $25,000 $74,300
2018 $0 $99,300 $25,000 $74,300
2017 $719 $97,100 $25,000 $72,100
2016 $0 $97,100 $25,000 $72,100
2015 -- $97,100 $25,000 $72,100
2014 -- $97,100 $25,000 $72,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 617335

Harrisonburg-Rockingham Association of REALTORS®

APN: 90-7-L7B