NOT LISTED FOR SALE
-- Bed
-- Bath
3,200 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: November 6, 2023

Last sale price $525,000 $164 Per Sq Ft

42 Days on Market

About This Home

As of November 2023

This exceptional multifamily property presents an ideal investment opportunity, strategically located in close proximity to downtown Harrisonburg, and I-81 access. Boasting a duplex configuration, this property offers both comfort and potential income generation. Each side of the duplex has spacious layout featuring 5 bedrooms and 2 bathrooms, providing ample room for occupants.The inclusion of a washer and dryer in each unit adds to the convenience and desirability of this property. For investors seeking a property with low maintenance concerns, this duplex offers the assurance of recent updates. Fresh paint and newly replaced carpeting provide a fresh and inviting atmosphere, enhancing the property's aesthetic appeal. Moreover, the full unit roof replacement within the last two years and the HVAC replacement in unit B during 2022 underline the commitment to ensuring the property's structural integrity and energy efficiency. Plus there is no HOA!

Last Agent to Sell the Property

Nico Iglesias

Rocktown Realty License #0225224136 Listed on: 08/18/2023

Last Buyer's Agent

Brad Cohen

Connexa Real Estate License #0225217866

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,232

Year Built

  • Built in 1989

Lot Details

  • 10,454

Home Design

  • 3,200 Sq Ft Home
  • Duplex
  • Block Foundation
  • Vinyl Siding

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Washer and Dryer Hookup
  • 10,454 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, sewer, water
  • Assessor Parcel Number 51660-027 S 38-A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,232

Year Built

Built in 1989

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Parcel Number: 51660-027 S 38-A
  • Property Sub Type: Duplex
  • LotSizeAcres: 0.24
  • Road Frontage Type: Public Road
  • Subdivision Name: NONE
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer
  • Basement: Crawl Space
  • Living Area: 3200.0

Exterior Features

  • Roof: Composition, Shingle
  • Disclosures: Seller Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Block

Utilities

  • Heating: Heat Pump
  • Utilities: Cable Available, Fiber Optic Available, Satellite Internet Available
  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Spotswood (Harrisonburg)
  • Middle Or Junior School: Thomas Harrison

Lot Info

  • Zoning Description: R-3 Multifamily Residential

Rental Info

  • Owner Pays: Common Area Maintenance, Insurance, Sewer, Water
  • LeaseAmount: 4000.0

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3231.9

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Harrisonburg

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Nov 3, 2023
Sold by
Bought by
Seller's Agent
Nico Iglesias
Rocktown Realty
Buyer's Agent
Brad Cohen
Connexa Real Estate
List Price
$559,000
Sold Price
$525,000
Premium/Discount to List
-$34,000
-6.08%
Views
328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Outstanding Balance
$383,062
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.12%
Mortgage Type
Commercial
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 None Listed On Document
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $393,750
Previous Owner $188,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Sold $525,000 -6.1% $164 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $559,000 -- $175 / Sq Ft
Source: Harrisonburg-Rockingham Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,363 $432,000 $74,300 $357,700
2024 $4,363 $432,000 $74,300 $357,700
2021 $3,232 $359,100 $67,600 $291,500
2020 $2,967 $338,000 $67,600 $270,400
2019 $2,967 $338,000 $67,600 $270,400
2018 $2,434 $338,000 $67,600 $270,400
2017 $2,434 $338,000 $67,600 $270,400
2016 $2,434 $338,000 $67,600 $270,400
2015 $2,434 $338,000 $67,600 $270,400
2014 $2,332 $338,000 $67,600 $270,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 644916

Harrisonburg-Rockingham Association of REALTORS®

APN: 027 S 38-A

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