1881 College Ave

About This Home

Priced at only $499,000 (58% of tax assessed value), this is a very unique opportunity to purchase an estate style property just minutes from Downtown Harrisonburg. This all brick 7,000+ sq ft home is situated on a level one-acre lot and has 5 bedrooms, 5 full bathrooms, and 3 half baths. The views from this property are incredible, and the sunset viewed from the deck or sunroom is sure to inspire! The upstairs is in need of cosmetic repairs and improvements throughout. Photos do not reflect the current condition of the property. The property has experienced damage and is in need of restoration of the lower-level bar/kitchen, great room, bedroom, and study. The lower level presents an opportunity for an income-producing rental with separate entrance and complete amenities for a one bedroom apartment. Check with your lender about rehabilitation loans and other in-house loan options. Property is being sold "AS-IS" and any inspections must be completed prior to an offer. Take advantage of this opportunity to put your personal touch on a prestigious Harrisonburg home with million dollar views!

Timeline of the Sale

1. Jan 19, 2024Listed for $499,000
2. Jan 24, 2024Under contract after 5 days on the market
3. Feb 12, 2024Sold for $536,000

Details

Sold Price

$536,000

Sold Date

Feb 12, 2024

List Price

$499,000

Sold Price vs. List Price

107.4%

Days On Market

5

Price Per Square Foot

$93

Sales Price Rank

#117 of 1,063 in the prior year

Bedrooms

5

Bathrooms

6.5

Square Feet

5,748

Year Built

1989

Lot Size

0.95 acres

Garage

Yes

Home Type

Detached

Subdivision

Harmony Heights

MLS #

648846

Schools

• ElementaryWaterman
• MiddleThomas Harrison
• HighHarrisonburg

Location