This incredible 2 level house with a fully finished basement apartment has ample living space and tons of charm! There’s also a two bedroom cottage in the back yard. It has a total of 7 bedrooms and 5 bathrooms. It’s an incredible rental property, currently operating as triplex, generating three rental incomes with the opportunity to create a fourth unit. For anyone who's looking for an investment opportunity this place could be the one! It’s currently rented under market value with good room to increase the rent. It has great potential, don't miss out on this investment opportunity!
Closed
$271,000
505 4th St, Luray, VA 22835
7beds
3,600sqft
Single Family Residence
Built in 1977
0.32 Acres Lot
$403,500 Zestimate®
$75/sqft
$2,799 Estimated rent
Home value
$403,500
$367,000 - $444,000
$2,799/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tony Santos 540-908-6299,
Keller Williams Alliance
Bought with:
Unrepresented Buyer
UnrepresentedBuyer
Source: CAAR,MLS#: 649490
Originating MLS: Harrisonburg-Rockingham Area Association of REALTORS
Originating MLS: Harrisonburg-Rockingham Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air, Heat Pump
Features
- Primary Downstairs
- Basement: Exterior Entry,Full,Finished,Heated,Interior Entry,Walk-Out Access
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
- Finished area above ground: 2,600
- Finished area below ground: 1,000
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.32 Acres
Details
- Parcel number: 42A1118884, 42A1118883
- Zoning description: R-4 High Density Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stick Built
- Foundation: Block
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Other
Community & neighborhood
Location
- Region: Luray
- Subdivision: CITY OF LURAY
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2024 | Sold | $271,000-4.9%$75/sqft |
Source:  CAAR #649490 Report a problem | ||
| 2/22/2024 | Pending sale | $285,000$79/sqft |
Source: HRAR #649490 Report a problem | ||
| 2/11/2024 | Listed for sale | $285,000+320.7%$79/sqft |
Source: HRAR #649490 Report a problem | ||
| 8/27/1993 | Sold | $67,750$19/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,611 | $220,700 |
| 2023 | $1,611 | $220,700 |
| 2022 | $1,611 | $220,700 |
| 2021 | $1,611 | $220,700 |
| 2020 | $1,611 +15.7% | $220,700 +15.7% |
| 2019 | $1,392 | $190,700 |
| 2018 | $1,392 +10.6% | $190,700 |
| 2017 | $1,259 | $190,700 |
| 2016 | $1,259 | $190,700 -15.9% |
| 2015 | $1,259 -13.3% | $226,800 |
| 2014 | $1,452 | $226,800 |
| 2013 | -- | $226,800 |
| 2012 | -- | $226,800 |
| 2011 | -- | $226,800 +6% |
| 2010 | -- | $214,000 |
| 2009 | -- | $214,000 |
| 2007 | -- | $214,000 +6% |
| 2006 | -- | $201,900 +61.9% |
| 2005 | -- | $124,700 |
| 2004 | -- | $124,700 |
| 2003 | -- | $124,700 +17.1% |
| 2002 | -- | $106,500 |
| 2001 | -- | $106,500 |
Find assessor info on the county website
Neighborhood: 22835
Nearby schools
GreatSchools rating
- 3/10Luray Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Luray Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Luray High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Luray
- Middle: Luray
- High: Luray
Source: CAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Virginia
- Page County
- Luray
- 22835
- 505 4th St
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