536 Pheasant Run Cir

About This Home

Here is a rare opportunity to invest in Pheasant Run! The current going rent is $475 a room but rents are going up to $505 next year. The manufacture date of the HVAC is 2016. The owner paid fees include: HOA (monthly) - $55; Electric Bill consideration - up to $120 per month (usually lower); Water Bill Consideration - up to $60 per month (usually lower); Internet/Cable - $214 per Quarter. The current owner uses Pheasant Run to manage the property and only pays a leasing fee ($160 last year). The current leases are through the current school year. The tenants have not been approached about renewing their lease for the next school year. The bank that holds the lien says the mortgage is assumable. A buyer would have to meet qualifications. The mortgage of just over $100,000 at 5.25% 30 year fixed. You wont want to miss this one!

Timeline of the Sale

1. Oct 26, 2023Listed for $239,900
2. Nov 1, 2023Under contract after 6 days on the market
3. Jan 29, 2024Sold for $239,900

Details

Sold Price

$239,900

Sold Date

Jan 29, 2024

List Price

$239,900

Sold Price vs. List Price

100%

Days On Market

6

Price Per Square Foot

$167

Sales Price Rank

#850 of 1,061 in the prior year

Bedrooms

4

Bathrooms

2.5

Square Feet

1,440

Year Built

1999

Lot Size

0.05 acres

Garage

No

Home Type

Attached

Subdivision

Pheasant Run

MLS #

647032

Schools

• ElementaryKeister
• MiddleThomas Harrison
• HighHarrisonburg

Location