Instant Equity Opportunity Built in 2001, this 1,778 sq ft brick home with a 1,300 sq ft finished walk-out lower level and an oversized two-car garage sits on 1.67 acres. The property has been forsaken in recent years, and major updates are needed, including roof, HVAC, deck, and main-level flooring (estimated at approximately $60,000). Homes of similar size, acreage, and age that have been updated typically resell in the $429,000–$449,000 range, creating a clear path to instant equity for investors or buyers wanting to personalize a home to their taste. The home offers modern-era construction, brick exterior, generous square footage, and usable acreage. Although the county lists the home as a 1-story, the property includes a full finished walk-out lower level that is above grade on three sides. This is not a traditional underground basement — it functions as true living space with windows, light, and direct outdoor access.
Closed
$275,000
3950 Happy Valley Rd, Keezletown, VA 22832
3beds
3,078sqft
Single Family Residence
Built in 2001
1.67 Acres Lot
$346,000 Zestimate®
$89/sqft
$2,281 Estimated rent
Home value
$346,000
$329,000 - $363,000
$2,281/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Greg Pfaff 540-560-3833,
Kline May Realty
Bought with:
Jo Plaster, 0225213447
Funkhouser: East Rockingham
Source: CAAR,MLS#: 673609
Originating MLS: Harrisonburg-Rockingham Area Association of REALTORS
Originating MLS: Harrisonburg-Rockingham Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric, Forced Air, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Electric Range, Microwave, Refrigerator, Dryer, Washer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Double Vanity, Primary Downstairs, Walk-In Closet(s), Breakfast Area, Eat-in Kitchen, Kitchen Island, Recessed Lighting, Vaulted Ceiling(s)
- Flooring: Carpet, Ceramic Tile, Hardwood
- Windows: Double Pane Windows, Insulated Windows, Tilt-In Windows
- Basement: Exterior Entry,Full,Finished,Interior Entry,Unfinished,Walk-Out Access
Interior area
- Total structure area: 3,556
- Total interior livable area: 3,078 sqft
- Finished area above ground: 1,778
- Finished area below ground: 1,300
Property
Parking
- Total spaces: 2
- Parking features: Attached, Basement, Electricity, Garage, Oversized, Garage Faces Side
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch, Deck, Porch, Wood
- Pool features: None
- Has view: Yes
- View description: Mountain(s), Trees/Woods
Lot
- Size: 1.67 Acres
- Features: Garden, Open Lot, Secluded
Details
- Parcel number: 111/ A/ / 61/ A
- Zoning description: A-2 Agricultural General
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Brick, Stick Built
- Foundation: Block
- Roof: Composition,Shingle
Condition
- Fixer
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Conventional Sewer
- Water: Private, Well
- Utilities for property: Cable Available, Other
Community & neighborhood
Community
- Community features: None
Location
- Region: Keezletown
- Subdivision: NONE
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Sold | $275,000-16.7%$89/sqft |
Source:  CAAR #673609 Report a problem | ||
| 3/2/2026 | Pending sale | $330,000$107/sqft |
Source: CAAR #673609 Report a problem | ||
| 2/25/2026 | Listed for sale | $330,000+46.7%$107/sqft |
Source: CAAR #673609 Report a problem | ||
| 3/22/2021 | Sold | $225,000$73/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,132 | $313,500 |
| 2023 | $2,132 | $313,500 |
| 2022 | $2,132 +28.8% | $313,500 +40.1% |
| 2021 | $1,655 | $223,700 |
| 2020 | $1,655 | $223,700 |
| 2019 | $1,655 | $223,700 |
| 2018 | $1,655 +7.9% | $223,700 +2.1% |
| 2017 | $1,534 | $219,200 |
| 2016 | $1,534 +4.5% | $219,200 |
| 2015 | $1,469 +4.7% | $219,200 |
| 2014 | $1,403 | $219,200 +1.4% |
| 2013 | -- | $216,100 |
| 2012 | -- | $216,100 |
| 2011 | -- | $216,100 |
| 2010 | -- | $216,100 |
Find assessor info on the county website
Neighborhood: 22832
Nearby schools
GreatSchools rating
- 3/10Cub Run Elementary SchoolGrades: PK-5Distance: 4.2 mi
- 7/10Montevideo Middle SchoolGrades: 6-8Distance: 4 mi
- 5/10Spotswood High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Cub Run (Rockingham)
- Middle: Montevideo
- High: Spotswood
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
- Rockingham County
- Penn Laird
- 22832
- 3950 Happy Valley Rd