Scott P. Rogers, Funkhouser Real Estate Group
540-578-0102, scott@FunkhouserGroup.com
Scott P. Rogers    Funkhouser Real Estate Group    540-578-0102
A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
 
1440 Devon Ln
Harrisonburg, VA
Sold for $195,000 on 8/2/2021
 
Rare opportunity to become part of the privately owned section of Foxhill Townhomes. This home is cash flow positive, and is an end unit, with a partially unfinished basement space, 4BRs, 2BAs, 2 living room areas and a walk in laundry room. Home has had these same tenants for the last few years, as many of the individuals will stay multiple years so this landlord kept the rent the same each year they renewed. The HOA dues are $450/Qtr, but they have already incorporated the roofing replacement into this amount and the new roofs are being installed on all of the privately owned rows this month (July 2021). The HOA dues have not been increased for many years. They were $390 for the first two quarters of 2021, and the increase will be implemented for Qtrs 3 & 4. The rental fees vary greatly within this community, with rent income up to $475/pp/month not including utilities in the privately owned section of Foxhill. There is a corporate Foxhill and they do charge more but include utilities and sometimes furnishings.
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Basic Transaction Details
1440 Devon Ln, Harrisonburg, VA
4 BR  •  2 BA  •  1,504 SF  •  0.09 acres  •  circa 1997
Sold for $195,000 on 8/2/2021
Listed by Funkhouser Real Estate Group
Timeline of the Sale
07/05/2021   Listed for $199,900
07/09/2021   Under Contract
8/2/2021   Sold for $195,000
Stats of the Sale
Under Contract after 4 Days on Market
Sold for 97.5% of Final List Price
Sales Price Ranking: #1065 (of 1,065) in past year
Location, Location, Location
 
Photos - Worth A Thousand Words
 
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