A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
HARMONY HEIGHTS
Avalon Woods • Beacon Hill Townes • Harmony Heights • Liberty Square
Sales Per Year....
| 2024 |
|
2 (ytd) |
| 2023 |
|
7 |
| 2022 |
|
9 |
| 2021 |
|
9 |
| 2020 |
|
9 |
| 2019 |
|
6 |
| 2018 |
|
11 |
Median Sales Price....
| 2024 |
|
$318,500 |
| 2023 |
|
$240,000 |
| 2022 |
|
$295,000 |
| 2021 |
|
$213,000 |
| 2020 |
|
$188,500 |
| 2019 |
|
$193,750 |
| 2018 |
|
$159,000 |
Sample Harmony Heights Investment Analysis....
| Property Details | ||
| Purchase Price | $240,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,300 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $14,976 | |
| Expense (Annual) | ||
| Real Estate Taxes | $2,160 | estimate based on median sales price |
| Repairs | $650 | estimate based on typical property condition |
| Association Dues | $540 | estimated to be $45 per month |
| Property Management | $0 | assuming self management |
| Insurance | $864 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $4,314 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $14,976 | |
| - Operating Expenses | - $4,314 | |
| Net Operating Income | $10,662 | |
| - Annual Debt Service | - $16,320 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-5,658 | |
Sales in the Past 36 Months....
| Apr 15, 2024 | 2083 Buttonwood Ct, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,260 SF | $350,000 |
| Mar 4, 2024 | 2291 Lake Terrace Dr, Harrisonburg, VA 22801 | 3 BR | 2 BA | 1,302 SF | $287,000 |
| Dec 26, 2023 | 1320 Old Windmill Cir, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,412 SF | $235,000 |
| Oct 20, 2023 | 1242 Old Windmill Cir, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,400 SF | $240,000 |
| Jun 9, 2023 | 1202 Old Windmill Cir, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,400 SF | $238,000 |
| May 11, 2023 | 1318 Old Windmill Cir, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,400 SF | $246,000 |
| May 10, 2023 | 1665 Buttonwood Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,000 SF | $192,000 |
| Mar 24, 2023 | 2291 Lake Terrace Dr, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,302 SF | $275,000 |
| Jan 13, 2023 | 2152 Lake Terrace Dr, Harrisonburg, VA 22801 | 4 BR | 3 BA | 2,268 SF | $345,000 |
| Oct 3, 2022 | 1662 Buttonwood Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 864 SF | $175,000 |
| Sep 12, 2022 | 2142 Lake Terrace Dr, Harrisonburg, VA 22801 | 3 BR | 2 BA | 1,788 SF | $361,560 |
| Aug 19, 2022 | 1958 Buttonwood Ct, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,760 SF | $299,500 |
| Jul 28, 2022 | 1986 Buttonwood Ct, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,630 SF | $295,000 |
| Jun 30, 2022 | 2260 Lake Terrace Dr, Harrisonburg, VA 22801 | 2 BR | 2 BA | 1,654 SF | $340,000 |
| Jun 30, 2022 | 2339 Virginia Ave, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,600 SF | $266,000 |
| Jun 27, 2022 | 1950 Buttonwood Ct, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,630 SF | $299,900 |
| Jun 24, 2022 | 1921 Buttonwood Ct, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 2,270 SF | $291,500 |
| Jun 21, 2022 | 1242 Old Windmill Cir, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,400 SF | $222,500 |
| Dec 27, 2021 | 1663 Buttonwood Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 972 SF | $155,000 |
| Nov 30, 2021 | 2053 Buttonwood Ct, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,216 SF | $275,000 |
| Sep 17, 2021 | 1310 Old Windmill Cir, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,412 SF | $213,000 |
| Jul 26, 2021 | 2009 Buttonwood Ct, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,104 SF | $267,000 |
| Jul 7, 2021 | 1661 Buttonwood Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 972 SF | $155,000 |
| Jul 6, 2021 | 1316 Old Windmill Cir, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,412 SF | $201,000 |
| Apr 27, 2021 | 2061 Buttonwood Ct, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,228 SF | $250,000 |
Current Listings....
There are no properties on the market right now!
Neighborhood Map....