A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
LIBERTY SQUARE
Avalon Woods • Beacon Hill Townes • Harmony Heights • Liberty Square
Sales Per Year....
| 2025 | 0 (ytd) | |
| 2024 |
|
3 |
| 2023 |
|
7 |
| 2022 |
|
11 |
| 2021 |
|
16 |
| 2020 |
|
14 |
| 2019 |
|
14 |
Median Sales Price....
| 2025 | $0 | |
| 2024 |
|
$255,000 |
| 2023 |
|
$249,000 |
| 2022 |
|
$220,000 |
| 2021 |
|
$211,500 |
| 2020 |
|
$185,000 |
| 2019 |
|
$167,250 |
Sample Liberty Square Investment Analysis....
| Property Details | ||
| Purchase Price | $255,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,350 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $15,552 | |
| Expense (Annual) | ||
| Real Estate Taxes | $2,295 | estimate based on median sales price |
| Repairs | $675 | estimate based on typical property condition |
| Association Dues | $600 | estimated to be $50 per month |
| Property Management | $0 | assuming self management |
| Insurance | $918 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $4,588 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $15,552 | |
| - Operating Expenses | - $4,588 | |
| Net Operating Income | $10,964 | |
| - Annual Debt Service | - $17,340 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-6,376 | |
Sales in the Past 36 Months....
| Jun 28, 2024 | 1425 Founders Way, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,408 SF | $255,000 |
| Jun 10, 2024 | 1403 Founders Way, Harrisonburg, VA 22801 | 3 BR | 2 BA | 1,408 SF | $252,000 |
| Mar 29, 2024 | 1032 Betsy Ross Ct, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,888 SF | $270,000 |
| Dec 15, 2023 | 1363 Goldfinch Dr, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,408 SF | $261,000 |
| Aug 18, 2023 | 1044 Alexander Hamilton Ln, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,276 SF | $225,000 |
| Jul 10, 2023 | 1038 Alexander Hamilton Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,292 SF | $245,000 |
| Jun 12, 2023 | 1238 Settlers Ln, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,292 SF | $254,000 |
| May 1, 2023 | 1414 Founders Way, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,088 SF | $279,000 |
| Mar 23, 2023 | 1116 Patrick Henry Pl, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,292 SF | $239,500 |
| Jan 13, 2023 | 1042 Betsy Ross Ct, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 1,904 SF | $249,000 |
| Oct 10, 2022 | 1288 Settlers Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,408 SF | $242,000 |
| Sep 20, 2022 | 1248 Settlers Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,292 SF | $220,000 |
| Aug 11, 2022 | 1030 John Paul Jones Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,408 SF | $237,000 |
| Jul 1, 2022 | 1046 Betsy Ross Ct, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,788 SF | $246,000 |
| Jul 1, 2022 | 1330 Goldfinch Dr, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,408 SF | $237,000 |
| May 4, 2022 | 1117 Paul Revere Ct, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,292 SF | $216,100 |
| Feb 28, 2022 | 1042 Molly Pitcher Pl, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,408 SF | $223,000 |
| Feb 28, 2022 | 1114 Patrick Henry Pl, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,276 SF | $207,000 |
| Feb 24, 2022 | 1112 Patrick Henry Pl, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,276 SF | $202,000 |
| Feb 18, 2022 | 1234 Settlers Ln, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,276 SF | $206,000 |
| Feb 10, 2022 | 1059 Alexander Hamilton Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,292 SF | $209,000 |
Current Listings....
There are no properties on the market right now!
Neighborhood Map....