A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
TAYLOR SPRING
Taylor Spring • The Townes at Bluestone
Sales Per Year....
| 2018 |
|
2 (ytd) |
| 2017 |
|
15 |
| 2016 |
|
14 |
| 2015 |
|
8 |
| 2014 |
|
12 |
Median Sales Price....
| 2018 |
|
$196,450 |
| 2017 |
|
$186,500 |
| 2016 |
|
$180,500 |
| 2015 |
|
$175,250 |
| 2014 |
|
$173,500 |
Sample Taylor Spring Investment Analysis....
| Property Details | ||
| Purchase Price | $193,500 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,200 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $13,824 | |
| Expense (Annual) | ||
| Real Estate Taxes | $1,645 | estimate based on median sales price |
| Repairs | $600 | estimate based on typical property condition |
| Association Dues | $660 | estimated to be $55 per month |
| Property Management | $0 | assuming self management |
| Insurance | $697 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $3,701 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $13,824 | |
| - Operating Expenses | - $3,701 | |
| Net Operating Income | $10,123 | |
| - Annual Debt Service | - $10,368 | financing 80% of the purchase price at 5.4% |
| Cash Flow Before Taxes | $-245 | |
Sales in the Past 36 Months....
| May 16, 2018 | 2906 Crystal Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,458 SF | $195,000 | |
| May 14, 2018 | 3081 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,869 SF | $197,900 | |
| Nov 17, 2017 | 3057 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 3 BA | 1,902 SF | $195,000 | |
| Nov 3, 2017 | 2911 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,872 SF | $199,889 | |
| Oct 23, 2017 | 2947 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,505 SF | $192,000 | |
| Sep 29, 2017 | 1394 Verdant Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,502 SF | $179,000 | |
| Sep 29, 2017 | 1390 Verdant Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,229 SF | $177,000 | |
| Sep 29, 2017 | 1441 Natural Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,428 SF | $183,000 | |
| Sep 27, 2017 | 2978 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,428 SF | $186,000 | |
| Sep 12, 2017 | 1447 Flowing Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,876 SF | $199,200 | |
| Sep 1, 2017 | 2975 Taylor Spring Ln, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 1,900 SF | $186,000 | |
| Jun 26, 2017 | 3035 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 2,264 SF | $196,000 | |
| May 8, 2017 | 3053 Taylor Spring Ln, Harrisonburg, VA 22801 | 3 BR | 3 BA | 1,890 SF | $186,500 | |
| May 2, 2017 | 2882 Crystal Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,786 SF | $195,000 | |
| Mar 24, 2017 | 3005 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,524 SF | $181,000 | |
| Feb 10, 2017 | 1417 Flowing Spring Rd, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 2,142 SF | $192,000 | |
| Jan 20, 2017 | 1458 Miller Spring Ct, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,400 SF | $180,000 | |
| Dec 15, 2016 | 1413 Flowing Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,701 SF | $187,000 | |
| Nov 30, 2016 | 2931 Taylor Spring Ln, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,382 SF | $162,500 | |
| Nov 16, 2016 | 3013 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,878 SF | $186,500 | |
| Sep 30, 2016 | 3035 Taylor Spring Ln, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 1,974 SF | $192,900 | |
| Sep 23, 2016 | 3038 Crystal Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,950 SF | $193,500 | |
| Sep 16, 2016 | 3077 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,778 SF | $174,200 | |
| Sep 12, 2016 | 2935 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,521 SF | $176,000 | |
| Aug 25, 2016 | 2974 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 3 BA | 2,142 SF | $185,000 | |
| Jun 24, 2016 | 1450 Miller Spring Ct, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,386 SF | $166,900 | |
| Jun 3, 2016 | 2947 Taylor Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,327 SF | $155,000 | |
| May 31, 2016 | 3078 Crystal Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,827 SF | $198,900 | |
| May 16, 2016 | 2972 Crystal Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,428 SF | $185,000 | |
| Apr 6, 2016 | 1410 Verdant Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,502 SF | $169,000 | |
| Mar 22, 2016 | 2902 Crystal Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,436 SF | $166,000 | |
| Oct 21, 2015 | 2967 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,698 SF | $182,000 | |
| Aug 14, 2015 | 3009 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,428 SF | $172,000 | |
| Aug 7, 2015 | 1428 Verdant Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,428 SF | $178,500 | |
| Jul 16, 2015 | 2952 Crystal Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,502 SF | $170,000 | |
| Jun 30, 2015 | 2886 Crystal Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,662 SF | $161,500 |
Current Listings....
1446 Miller Spring Ct
3 Beds • 2 Baths • 2 Half Baths
2,040 livable square feet
$192,000 (For Sale)
Listing By: RE/MAX Performance Realty
Neighborhood Map....