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....
| 2019 |
|
9 (ytd) |
| 2018 |
|
9 |
| 2017 |
|
16 |
| 2016 |
|
14 |
| 2015 |
|
8 |
Median Sales Price....
| 2019 |
|
$206,000 |
| 2018 |
|
$200,000 |
| 2017 |
|
$186,250 |
| 2016 |
|
$180,500 |
| 2015 |
|
$175,250 |
Sample Taylor Spring Investment Analysis....
| Property Details | ||
| Purchase Price | $205,500 | 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 | $1,747 | 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 | $740 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $3,847 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $13,824 | |
| - Operating Expenses | - $3,847 | |
| Net Operating Income | $9,977 | |
| - Annual Debt Service | - $11,136 | financing 80% of the purchase price at 5.5% |
| Cash Flow Before Taxes | $-1,159 | |
Sales in the Past 36 Months....
| Oct 18, 2019 | 2991 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,882 SF | $206,300 | |
| Sep 26, 2019 | 3070 Crystal Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,882 SF | $210,000 | |
| Jul 12, 2019 | 2922 Crystal Spring Ln, Harrisonburg, VA 22801 | 4 BR | 3.5 BA | 2,142 SF | $212,500 | |
| Jun 25, 2019 | 2865 Taylor Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,883 SF | $206,000 | |
| Jun 25, 2019 | 2948 Crystal Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,510 SF | $199,900 | |
| Jun 21, 2019 | 1443 Miller Spring Ct, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,803 SF | $205,000 | |
| May 31, 2019 | 3053 Diamond Spring Ln, Harrisonburg, VA 22801 | 4 BR | 2.5 BA | 1,834 SF | $203,650 | |
| Apr 10, 2019 | 2881 Taylor Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,393 SF | $203,300 | |
| Feb 1, 2019 | 1428 Verdant Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,428 SF | $211,150 | |
| Dec 20, 2018 | 3078 Crystal Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,834 SF | $205,000 | |
| Oct 25, 2018 | 2951 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 3 BA | 1,800 SF | $202,000 | |
| Oct 15, 2018 | 1446 Miller Spring Ct, Harrisonburg, VA 22801 | 3 BR | 3 BA | 2,040 SF | $186,000 | |
| Jul 11, 2018 | 2955 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,622 SF | $200,000 | |
| Jun 29, 2018 | 1405 Flowing Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,767 SF | $200,500 | |
| Jun 18, 2018 | 2971 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,428 SF | $198,000 | |
| Jun 15, 2018 | 3089 Diamond Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,850 SF | $205,000 | |
| 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 15, 2017 | 2971 Crystal Spring Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,583 SF | $180,500 | |
| 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 |
Current Listings....
3027 Taylor Spring Ln
2 Beds • 2 Baths • 1 Half Baths
1,386 livable square feet
$189,900 (For Sale)
Listing By: Cottonwood Commercial LLC
2873 Taylor Springs Rd
3 Beds • 2 Baths • 1 Half Baths
1,386 livable square feet
$195,900 (For Sale)
Listing By: Kline May Realty
Neighborhood Map....