Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
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 A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com 

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TAYLOR SPRING
Taylor Spring  •  The Townes at Bluestone
taylor spring
Sales Per Year....
2018 Townhouse Sale  2  (ytd)
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  15
2016 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  14
2015 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  8
2014 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  12
 
Median Sales Price....
2018 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $196,450
2017 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $186,500
2016 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $180,500
2015 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $175,250
2014 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $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....
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Have Questions?  Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.