A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
HUNTERS RIDGE
Hunters Ridge • Camden Townes • Fox Hill • Madison Manor • Pheasant Run • Campus View Condos
Sales Per Year....
| 2021 | 1 (ytd) | |
| 2020 |
|
20 |
| 2019 |
|
18 |
| 2018 |
|
16 |
| 2017 |
|
31 |
| 2016 |
|
19 |
| 2015 |
|
17 |
| 2014 |
|
6 |
| 2013 |
|
13 |
| 2012 |
|
7 |
| 2011 |
|
8 |
| 2010 |
|
18 |
| 2009 |
|
4 |
| 2008 |
|
26 |
| 2007 |
|
40 |
Median Sales Price....
| 2021 |
|
$85,000 |
| 2020 |
|
$88,000 |
| 2019 |
|
$80,300 |
| 2018 |
|
$74,400 |
| 2017 |
|
$62,500 |
| 2016 |
|
$53,000 |
| 2015 |
|
$46,000 |
| 2014 |
|
$42,000 |
| 2013 |
|
$56,250 |
| 2012 |
|
$70,000 |
| 2011 |
|
$49,200 |
| 2010 |
|
$65,000 |
| 2009 |
|
$94,000 |
| 2008 |
|
$101,000 |
| 2007 |
|
$100,000 |
Sample Hunters Ridge Investment Analysis....
| Property Details | ||
| Purchase Price | $88,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $800 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $9,216 | |
| Expense (Annual) | ||
| Real Estate Taxes | $757 | estimate based on median sales price |
| Repairs | $800 | estimate based on typical property condition |
| Association Dues | $3,000 | estimated to be $250 per month |
| Property Management | $0 | assuming self management |
| Insurance | $317 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $4,974 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $9,216 | |
| - Operating Expenses | - $4,974 | |
| Net Operating Income | $4,242 | |
| - Annual Debt Service | - $3,900 | financing 80% of the purchase price at 3.75% |
| Cash Flow Before Taxes | $342 | |
Sales in the Past 36 Months....
| Jan 8, 2021 | 1396 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $85,000 | |
| Dec 30, 2020 | 1342 Hunters Rd, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,012 SF | $92,500 | |
| Nov 25, 2020 | 1336 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 1,012 SF | $90,000 | |
| Nov 23, 2020 | 1390 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $89,900 | |
| Oct 28, 2020 | 1396 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $89,000 | |
| Sep 28, 2020 | 1342 Hunters Rd, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,012 SF | $109,900 | |
| Aug 24, 2020 | 1396 Hunters Rd, Harrisonburg, VA 22801 | 4 BR | 2 BA | 953 SF | $80,000 | |
| Jul 24, 2020 | 1372 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 1 BA | 800 SF | $65,000 | |
| Jul 24, 2020 | 1372 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 1 BA | 800 SF | $75,000 | |
| Jul 9, 2020 | 1366 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 837 SF | $83,000 | |
| Jun 18, 2020 | 1396 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $75,000 | |
| Jun 18, 2020 | 1390 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $74,000 | |
| May 15, 2020 | 1366 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 837 SF | $90,000 | |
| May 4, 2020 | 1360 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $80,000 | |
| May 4, 2020 | 1390 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $80,000 | |
| Apr 10, 2020 | 1384 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $90,000 | |
| Mar 18, 2020 | 1360 Hunters Rd, Harrisonburg, VA 22801 | 3 BR | 2 BA | 982 SF | $90,000 | |
| Mar 16, 2020 | 1340 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $88,000 | |
| Mar 16, 2020 | 1348 Hunters Rd, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,012 SF | $90,000 | |
| Mar 6, 2020 | 1336 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 1,012 SF | $88,000 | |
| Feb 28, 2020 | 1340 Hunters Rd, Harrisonburg, VA 22801 | 3 BR | 2 BA | 982 SF | $87,500 | |
| Nov 30, 2019 | 1380 Hunters Rd, Harrisonburg, VA 22801 | 3 BR | 2 BA | 953 SF | $79,000 | |
| Nov 15, 2019 | 1390 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $80,000 | |
| Oct 31, 2019 | 1340 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $84,000 | |
| Sep 18, 2019 | 1380 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $80,600 | |
| Sep 10, 2019 | 1360 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $89,900 | |
| Aug 30, 2019 | 1384 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $80,000 | |
| Aug 30, 2019 | 1372 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 1 BA | 837 SF | $73,500 | |
| Jul 19, 2019 | 1346 Hunters Rd, Harrisonburg, VA 22801 | 4 BR | 2 BA | 982 SF | $92,000 | |
| May 22, 2019 | 1384 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $84,000 | |
| May 19, 2019 | 1390 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $85,000 | |
| May 17, 2019 | 1396 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $80,000 | |
| May 1, 2019 | 1380 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $81,500 | |
| Apr 30, 2019 | 1366 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 837 SF | $78,000 | |
| Apr 30, 2019 | 1384 Hunters Rd, Harrisonburg, VA 22801 | 4 BR | 2 BA | 953 SF | $88,000 | |
| Apr 19, 2019 | 1380 Hunters Rd, Harrisonburg, VA 22801 | 4 BR | 2 BA | 953 SF | $70,000 | |
| Apr 16, 2019 | 1348 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 1,012 SF | $71,800 | |
| Apr 16, 2019 | 1346 Hunters Rd, Harrisonburg, VA 22801 | 4 BR | 2 BA | 982 SF | $71,800 | |
| Jan 25, 2019 | 1348 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 1,012 SF | $82,380 | |
| Oct 31, 2018 | 1390 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $82,000 | |
| Sep 12, 2018 | 1390 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 953 SF | $80,000 | |
| Jul 31, 2018 | 1346 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $75,000 | |
| Jul 16, 2018 | 1342 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 1,012 SF | $80,000 | |
| Jun 15, 2018 | 1396 Hunters Rd, Harrisonburg, VA 22801 | 4 BR | 2 BA | 953 SF | $87,500 | |
| May 31, 2018 | 1340 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $77,000 | |
| Apr 9, 2018 | 1336 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 1,012 SF | $75,000 | |
| Apr 3, 2018 | 1372 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 1 BA | 837 SF | $70,000 | |
| Mar 30, 2018 | 1348 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 1,012 SF | $69,610 | |
| Mar 15, 2018 | 1330 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 1,012 SF | $73,800 | |
| Feb 28, 2018 | 1372 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 1 BA | 837 SF | $64,100 | |
| Feb 28, 2018 | 1330 Hunters Rd, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,012 SF | $71,500 | |
| Feb 28, 2018 | 1342 Hunters Rd, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,012 SF | $71,500 | |
| Feb 28, 2018 | 1346 Hunters Rd, Harrisonburg, VA 22801 | 4 BR | 2 BA | 982 SF | $71,500 | |
| Feb 16, 2018 | 1330 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 1,012 SF | $75,000 |
Current Listings....
Neighborhood Map....