A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
CAMPUS VIEW CONDOS
Hunters Ridge • Camden Townes • Fox Hill • Madison Manor • Pheasant Run • Campus View Condos
Sales Per Year....
| 2020 |
|
5 (ytd) |
| 2019 |
|
7 |
| 2018 |
|
8 |
| 2017 |
|
5 |
| 2016 |
|
5 |
| 2015 |
|
6 |
| 2014 |
|
5 |
| 2013 |
|
2 |
| 2012 |
|
4 |
| 2011 |
|
3 |
| 2010 | 0 | |
| 2009 | 0 | |
| 2008 | 0 | |
| 2007 | 0 | |
| 2006 | 0 |
Median Sales Price....
| 2020 |
|
$185,000 |
| 2019 |
|
$176,000 |
| 2018 |
|
$170,450 |
| 2017 |
|
$163,000 |
| 2016 |
|
$156,500 |
| 2015 |
|
$158,700 |
| 2014 |
|
$162,000 |
| 2013 |
|
$158,500 |
| 2012 |
|
$174,250 |
| 2011 |
|
$171,667 |
| 2010 | $0 | |
| 2009 | $0 | |
| 2008 | $0 | |
| 2007 | $0 | |
| 2006 | $0 |
Sample Campus View Investment Analysis....
| Property Details | ||
| Purchase Price | $185,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,800 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $20,736 | |
| Expense (Annual) | ||
| Real Estate Taxes | $1,573 | estimate based on median sales price |
| Repairs | $1,800 | estimate based on typical property condition |
| Association Dues | $2,352 | estimated to be $196 per month |
| Property Management | $0 | assuming self management |
| Insurance | $666 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $6,491 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $20,736 | |
| - Operating Expenses | - $6,491 | |
| Net Operating Income | $14,246 | |
| - Annual Debt Service | - $10,020 | financing 80% of the purchase price at 5.5% |
| Cash Flow Before Taxes | $4,226 | |
Sales in the Past 36 Months....
| Feb 12, 2020 | 510 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $186,000 | |
| Feb 7, 2020 | 520 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $182,500 | |
| Feb 7, 2020 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $195,000 | |
| Jan 31, 2020 | 515 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $185,000 | |
| Jan 13, 2020 | 515 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $185,000 | |
| Nov 26, 2019 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $183,000 | |
| Nov 7, 2019 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $192,000 | |
| Apr 16, 2019 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $178,000 | |
| Feb 28, 2019 | 515 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $176,000 | |
| Feb 27, 2019 | 510 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $175,000 | |
| Jan 31, 2019 | 510 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $173,000 | |
| Jan 31, 2019 | 510 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $175,400 | |
| Dec 3, 2018 | 515 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $172,000 | |
| Oct 15, 2018 | 510 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $167,500 | |
| Sep 3, 2018 | 510 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $165,000 | |
| Aug 24, 2018 | 515 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $168,500 | |
| May 7, 2018 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $173,000 | |
| Mar 13, 2018 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $169,900 | |
| Feb 28, 2018 | 515 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $171,000 | |
| Feb 20, 2018 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $172,000 | |
| Dec 21, 2017 | 515 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $170,500 | |
| Dec 21, 2017 | 515 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $169,999 | |
| Aug 30, 2017 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $163,000 | |
| May 1, 2017 | 510 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $162,000 |
Current Listings....
515 Davis Mills Dr
4 Beds • 4 Baths
1,396 livable square feet
$192,500 (For Sale)
Listing By: Harman Realty Inc
510 Davis Mills Dr
4 Beds • 4 Baths
1,396 livable square feet
$199,900 (For Sale)
Listing By: Rocktown Realty
2455 Campus View Cir
4 Beds • 4 Baths
1,396 livable square feet
$199,900 (For Sale)
Listing By: Rocktown Realty
520 Davis Mill Dr
4 Beds • 4 Baths
1,396 livable square feet
$199,900 (For Sale)
Listing By: Rocktown Realty
Neighborhood Map....