A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
HUNTERS RIDGE
Hunters Ridge • Camden Townes • Fox Hill • Madison Manor • Pheasant Run • Campus View Condos
Sales Per Year....
| 2025 | 2 (ytd) | |
| 2024 | 4 | |
| 2023 |
|
17 |
| 2022 |
|
15 |
| 2021 |
|
20 |
| 2020 |
|
20 |
| 2019 |
|
18 |
| 2018 |
|
16 |
| 2017 |
|
31 |
| 2016 |
|
19 |
| 2015 |
|
17 |
| 2014 | 6 | |
| 2013 |
|
13 |
| 2012 |
|
7 |
| 2011 |
|
8 |
| 2010 |
|
18 |
| 2009 | 4 | |
| 2008 |
|
26 |
| 2007 |
|
40 |
| 2006 |
|
32 |
| 2005 |
|
61 |
Median Sales Price....
| 2025 |
|
$224,500 |
| 2024 |
|
$168,725 |
| 2023 |
|
$155,000 |
| 2022 |
|
$135,000 |
| 2021 |
|
$112,450 |
| 2020 |
|
$88,000 |
| 2019 |
|
$80,300 |
| 2018 |
|
$74,400 |
| 2017 |
|
$62,500 |
| 2016 |
|
$53,000 |
| 2015 |
|
$46,000 |
| 2014 |
|
$42,000 |
| 2013 |
|
$56,250 |
| 2012 |
|
$70,000 |
| 2011 |
|
$49,200 |
| 2010 |
|
$65,000 |
| 2009 |
|
$94,000 |
| 2008 |
|
$101,000 |
| 2007 |
|
$100,000 |
| 2006 |
|
$99,950 |
| 2005 |
|
$89,900 |
Sample Hunters Ridge Investment Analysis....
| Property Details | ||
| Purchase Price | $210,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $900 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $10,368 | |
| Expense (Annual) | ||
| Real Estate Taxes | $1,890 | estimate based on median sales price |
| Repairs | $900 | estimate based on typical property condition |
| Association Dues | $3,000 | estimated to be $250 per month |
| Property Management | $0 | assuming self management |
| Insurance | $756 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $6,646 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $10,368 | |
| - Operating Expenses | - $6,646 | |
| Net Operating Income | $3,722 | |
| - Annual Debt Service | - $14,280 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-10,558 | |
Sales in the Past 36 Months....
| Sep 12, 2025 | 1388 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $239,000 |
| Jan 22, 2025 | 1380 Hunters Rd, Harrisonburg, VA 22801 | 4 BR | 2 BA | 982 SF | $210,000 |
| Oct 31, 2024 | 1360 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $195,000 |
| Jun 3, 2024 | 1336 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $157,450 |
| Apr 12, 2024 | 1366 Hunters Ridge Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 862 SF | $180,000 |
| Jan 8, 2024 | 1372 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 1 BA | 837 SF | $144,000 |
| Nov 6, 2023 | 1384 Hunters Rd, Harrisonburg, VA 22801 | 3 BR | 2 BA | 982 SF | $159,000 |
| Nov 3, 2023 | 1372 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 1 BA | 837 SF | $130,000 |
| Sep 29, 2023 | 1345 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $219,000 |
| Aug 11, 2023 | 1366 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 837 SF | $159,900 |
| Jul 12, 2023 | 1330 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $150,000 |
| May 31, 2023 | 1348 Hunters Rd, Harrisonburg, VA 22801 | 5 BR | 3 BA | 1,277 SF | $209,900 |
| May 30, 2023 | 1372 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 1 BA | 837 SF | $130,000 |
| May 26, 2023 | 1366 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 862 SF | $154,000 |
| May 26, 2023 | 1384 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $159,900 |
| May 26, 2023 | 1396 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $159,900 |
| May 10, 2023 | 1348 Hunters Rd, Harrisonburg, VA 22801 | 5 BR | 3 BA | 1,277 SF | $209,900 |
| May 2, 2023 | 1348 Hunters Rd, Harrisonburg, VA 22801 | 3 BR | 3 BA | 1,277 SF | $209,900 |
| Apr 7, 2023 | 1336 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 1,012 SF | $155,000 |
| Mar 31, 2023 | 1360 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 1,012 SF | $155,000 |
| Mar 3, 2023 | 1340 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $140,000 |
| Jan 25, 2023 | 1340 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $140,000 |
| Jan 9, 2023 | 1366 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 837 SF | $128,000 |
| Nov 11, 2022 | 1384 Hunters Rd, Harrisonburg, VA 22801 | 2 BR | 2 BA | 982 SF | $140,000 |
Current Listings....
There are no properties on the market right now!
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