A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
PHEASANT RUN
Hunters Ridge • Camden Townes • Fox Hill • Madison Manor • Pheasant Run • Campus View Condos
Sales Per Year....
| 2025 | 0 (ytd) | |
| 2024 |
|
2 |
| 2023 |
|
1 |
| 2022 |
|
1 |
| 2021 | 0 | |
| 2020 |
|
2 |
| 2019 |
|
3 |
| 2018 |
|
3 |
| 2017 |
|
7 |
| 2016 |
|
5 |
| 2015 |
|
9 |
| 2014 |
|
1 |
| 2013 |
|
2 |
| 2012 |
|
2 |
| 2011 |
|
5 |
| 2010 |
|
1 |
| 2009 | 0 | |
| 2008 | 0 | |
| 2007 |
|
1 |
| 2006 | 0 | |
| 2005 | 0 |
Median Sales Price....
| 2025 | $0 | |
| 2024 |
|
$251,950 |
| 2023 |
|
$212,000 |
| 2022 |
|
$235,000 |
| 2021 | $0 | |
| 2020 |
|
$163,750 |
| 2019 |
|
$160,000 |
| 2018 |
|
$150,000 |
| 2017 |
|
$148,000 |
| 2016 |
|
$140,400 |
| 2015 |
|
$142,500 |
| 2014 |
|
$145,000 |
| 2013 |
|
$145,950 |
| 2012 |
|
$147,900 |
| 2011 |
|
$145,000 |
| 2010 |
|
$144,500 |
| 2009 | $0 | |
| 2008 | $0 | |
| 2007 |
|
$163,500 |
| 2006 | $0 | |
| 2005 | $0 |
Sample Pheasant Run Investment Analysis....
| Property Details | ||
| Purchase Price | $264,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,900 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $21,888 | |
| Expense (Annual) | ||
| Real Estate Taxes | $2,376 | estimate based on median sales price |
| Repairs | $1,900 | estimate based on typical property condition |
| Association Dues | $660 | estimated to be $55 per month |
| Property Management | $0 | assuming self management |
| Insurance | $950 | estimate based on recent trends |
| Utilities | $1,800 | |
| Advertising | $100 | estimate |
| Total Operating Expenses | $7,786 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $21,888 | |
| - Operating Expenses | - $7,786 | |
| Net Operating Income | $14,102 | |
| - Annual Debt Service | - $17,952 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-3,850 | |
Sales in the Past 36 Months....
| Aug 6, 2024 | 577 Pheasant Run Cir, Harrisonburg, VA 22801 | 4 BR | 2.5 BA | 1,440 SF | $264,000 |
| Jan 29, 2024 | 536 Pheasant Run Cir, Harrisonburg, VA 22801 | 4 BR | 2.5 BA | 1,440 SF | $239,900 |
| Jan 6, 2023 | 1740 Ashford Ct, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,440 SF | $212,000 |
| Aug 31, 2022 | 532 Pheasant Run Cir, Harrisonburg, VA 22801 | 4 BR | 2.5 BA | 1,440 SF | $235,000 |
Current Listings....
There are no properties on the market right now!
Neighborhood Map....