Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
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TAYLOR SPRING
Taylor Spring  •  The Townes at Bluestone
taylor spring
Sales Per Year....
2019 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  9  (ytd)
2018 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  9
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  16
2016 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
 
Median Sales Price....
2019 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $206,000
2018 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $200,000
2017 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $186,250
2016 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 $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....
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Have Questions?  Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.