Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
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THE TOWNES AT BLUESTONE
Taylor Spring  •  The Townes at Bluestone
the townes at bluestone
Sales Per Year....
2021 Townhouse Sale  Townhouse Sale  6  (ytd)
2020 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  24
2019 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  26
2018 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  24
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  20
2016 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  11
2015 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  12
 
Median Sales Price....
2021 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $279,450
2020 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $254,088
2019 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $241,867
2018 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $229,500
2017 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $215,000
2016 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $207,250
2015 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $193,650


Sample The Townes at Bluestone Investment Analysis....
Property Details
Purchase Price $277,000 based on median sales price
 
Income (Annual)
Monthly Rental Rate $1,500 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $17,280     
 
Expense (Annual)
Real Estate Taxes $2,382 estimate based on median sales price
Repairs $750 estimate based on typical property condition
Association Dues $360 estimated to be $30 per month
Property Management $0 assuming self management
Insurance $997 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $4,589  
 
Cash Flow Before Tax
Gross Operating Income $17,280  
 - Operating Expenses  - $4,589  
Net Operating Income $12,691     
 - Annual Debt Service  - $12,276 financing 80% of the purchase price at 3.75%
Cash Flow Before Taxes    $415     
Sales in the Past 36 Months....
Aug 9, 2021 2223 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,650 SF $288,000
Jun 21, 2021 353 Blue Stone Hills Dr, Harrisonburg, VA 22801 3 BR 3.5 BA 2,400 SF $269,900
Apr 28, 2021 360 Blue Stone Hills Dr, Harrisonburg, VA 22801 3 BR 3.5 BA 2,196 SF $279,900
Apr 20, 2021 2189 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,676 SF $260,000
Apr 14, 2021 2212 Lapis Ln, Harrisonburg, VA 22801 3 BR 3 BA 2,032 SF $280,000
Mar 19, 2021 2195 Deyerle Ave, Harrisonburg, VA 22801 2 BR 3.5 BA 2,000 SF $279,000
Nov 27, 2020 2210 Lapis Ln, Harrisonburg, VA 22801 3 BR 3 BA 2,032 SF $280,000
Nov 24, 2020 2242 Lapis Ln, Harrisonburg, VA 22801 3 BR 3 BA 2,160 SF $277,000
Oct 28, 2020 2232 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $252,500
Sep 28, 2020 2246 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $259,900
Sep 25, 2020 2214 Lapis Ln, Harrisonburg, VA 22801 3 BR 3 BA 2,160 SF $267,000
Aug 25, 2020 2208 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $295,044
Aug 20, 2020 2238 Lapis Ln, Harrisonburg, VA 22801 3 BR 3.5 BA 2,466 SF $259,900
Aug 10, 2020 2210 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $241,000
Aug 4, 2020 344 Sapphire Dr, Harrisonburg, VA 22801 3 BR 3.5 BA 2,448 SF $266,100
Jul 31, 2020 2212 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $261,064
Jul 24, 2020 2216 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $275,683
Jul 17, 2020 2214 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $255,175
Jul 1, 2020 348 Sapphire Dr, Harrisonburg, VA 22801 3 BR 3 BA 2,466 SF $253,000
Jun 1, 2020 2236 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $248,500
May 29, 2020 2219 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $252,980
May 26, 2020 348 Blue Stone Hills Dr, Harrisonburg, VA 22801 2 BR 2.5 BA 1,674 SF $234,900
May 22, 2020 2211 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $261,000
May 21, 2020 2211 Lapis Ln, Harrisonburg, VA 22801 3 BR 3 BA 2,448 SF $257,350
Apr 17, 2020 2217 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $223,000
Apr 3, 2020 2213 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $225,000
Mar 27, 2020 2215 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $232,000
Mar 13, 2020 2223 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $225,000
Mar 6, 2020 2225 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $243,800
Mar 6, 2020 2221 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $234,800
Dec 30, 2019 2247 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $240,775
Dec 27, 2019 2241 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $254,135
Dec 23, 2019 2249 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $249,300
Dec 13, 2019 2243 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $242,955
Dec 9, 2019 2245 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $239,155
Nov 15, 2019 383 Blue Stone Hills Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 2,365 SF $260,000
Oct 31, 2019 2230 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $242,470
Oct 18, 2019 2226 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $246,800
Oct 16, 2019 2222 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $251,875
Oct 15, 2019 2224 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $253,060
Oct 9, 2019 2228 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $238,850
Oct 9, 2019 2232 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $239,000
Aug 26, 2019 372 Tanzanite Dr, Harrisonburg, VA 22801 3 BR 3 BA 2,144 SF $252,000
Aug 15, 2019 2230 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $244,500
Aug 6, 2019 374 Blue Stone Hills Dr, Harrisonburg, VA 22801 4 BR 3.5 BA 2,208 SF $257,400
Aug 1, 2019 2233 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $215,600
Jul 26, 2019 2235 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $213,100
Jul 25, 2019 2231 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $238,250
Jul 23, 2019 2237 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $238,350
Jul 12, 2019 380 Blue Stone Hills Dr, Harrisonburg, VA 22801 3 BR 3 BA 2,000 SF $239,900
May 20, 2019 2238 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $244,800
May 15, 2019 2244 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $239,300
May 15, 2019 2240 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $241,825
May 9, 2019 2242 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $241,909
Apr 26, 2019 2236 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $233,000
Feb 21, 2019 314 Sapphire Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $226,000
Dec 21, 2018 312 Sapphire Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $238,550
Dec 18, 2018 316 Sapphire Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $232,870
Dec 14, 2018 310 Sapphire Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $246,659
Nov 29, 2018 318 Sapphire Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $209,900
Nov 29, 2018 320 Sapphire Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $244,398
Current Listings....
There are no properties on the market right now!
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Have Questions?  Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.