Sold
Last Sold Price
6 beds2 baths2,230 sqft
778 Foley Rd, Harrisonburg, VA 22801
Multi FamilyProperty Type
1.13 acresLot Size
1960Year Built
$141/sq ftPrice per sq ft

Description

Remarkable development opportunity near JMU, large home and separate two bed room apartment with a two car garage all sitting on 1.13 of R3 development land. Well located and in the middle of a mix of student and non student high density housing, this parcel lays well for future development with the benefit of immediate income of $700/month from the apartment and a 4 bedroom house that can be separately rented. Property sold "as, is" Tenant has no existing lease, would like to stay and has been renting...Remarkable development opportunity near JMU, large home and separate two bed room apartment with a two car garage all sitting on 1.13 of R3 development land. Well located and in the middle of a mix of student and non student high density housing, this parcel lays well for future development with the benefit of immediate income of $700/month from the apartment and a 4 bedroom house that can be separately rented. Property sold "as, is" Tenant has no existing lease, would like to stay and has been renting for 15 years.
  • Listed by: Craig Anders 540.383.6054 craig.anders@cottonwood.com Brokerage DRE #0226004616 • Cottonwood Commercial LLC
Listing closed: 08/05/2022 12:00 AM • Source: CAAR, MLS#: 626533

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Location

Listing Courtesy of Cottonwood Commercial LLC, Craig Anders

Sold By Cottonwood Commercial LLC, Craig Anders

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Payment Calculator

$1,915 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,682

Property Taxes

$233

HOA Dues

$0

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Property Information for 778 Foley Road

Property Details
Building Information
  • Residences: 2
  • Year Built: 1960
  • Lot Size: 1.13 AC / 49,222 SF
Summary
Location and General Information
  • Directions: Foley Road off Reservoir St.
  • Latitude: 38.420999
  • Longitude: -78.85822671
  • Road Frontage Type: Public Road
  • Water Source: Public
  • Year Built: 1960
Taxes and HOA
  • Association: No
  • Tax Annual Amount: $2,800
  • Tax Legal Description: QUADRANT 3 SS FOLEY RD
  • Tax Year: 2022
Parking
  • Attached Garage: No
School Information
  • Elementary School: Stone Spring
  • High School: Harrisonburg
  • Middle Or Junior School: Skyline
Property
Lot Information
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area Source: Public Records
  • Below Grade Finished Area Source: Public Records
  • Below Grade Unfinished Area Source: Public Records
  • Building Area Source: Public Records
  • Living Area: 2230.0
  • Living Area Source: Public Records
  • Lot Size Acres: 1.13
Property and Assessments
  • New Construction: No
  • Parcel Number: 084 C 14
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Multi Family
  • Property Type: Residential
  • Zoning Description: R-3 Multifamily Residential
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
Interior and Exterior Features
Exterior Features
  • Foundation Details: Block
Interior Features
  • Basement: Partial
  • Basement: Yes
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil
  • Heating: Yes
  • Spa: No
Multi Family
Multi Family Information
  • Number Of Units Total: 2
Unit 1
  • Unit Type Area: 2319.0
  • Unit Type Area Units: Square Feet
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Type: Four Bedroom Or More
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Area: 950.0
  • Unit Type Area Units: Square Feet
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Two Bedroom
  • Unit Type Units Total: 1
Room Information
Room Information
  • Human Modified: No
Rental
Rent Information
  • Lease Considered: No
  • Tenant Pays: Electricity, Snow Removal

Property History for 778 Foley Road

DateEvent & SourcePriceAppreciation
Aug 5, 2022

Sold

Harrisonburg-Rockingham AOR #626533

$315,000—
Aug 5, 2022

Sold

CAAR #626533

$315,000—
Feb 15, 2022

Listed (Active)

Harrisonburg-Rockingham AOR #626533

$425,000—
DateEvent & SourcePrice
08/05/2022

Sold

Harrisonburg-Rockingham AOR #626533

$315,000
08/05/2022

Sold

CAAR #626533

$315,000
02/15/2022

Listed (Active)

Harrisonburg-Rockingham AOR #626533

$425,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 778 Foley Road

Taxable ValueLand$95,000Additions$256,200Total$351,200
Tax Record2024$3,491 ($291 / month)
Home Facts
Beds3Total Finished SqFt2,319 SqFtAbove Grade Finished SqFt2,319 SqFtStories2Lot Size49,266 SqFtStyleSingle Family ResidenceYear Built1960ZoningMULTI DWELL RCountyHARRISONBURG CITYAPN084 C 14

Schools near 778 Foley Road

This home is within Harrisonburg City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Stone Spring Elementary School
PublicPK to 5

Skyline Middle School
Public6 to 8

Harrisonburg High School
Public9 to 12

Rocktown High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 778 Foley Road, Harrisonburg, VA 22801
$315,000
6
2
2,230
49,222
$193,000
2
654
14,810
–
–
3
1,480
4,000
$154,900
3
960
18,295
$179,644
3
1,260
3,920
$190,000
4
1,285
17,424

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cottonwood Commercial LLC, Craig Anders

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.