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.
Single-familyProperty Type
2001Year Built
1.67 acresLot Size
$89Price/Sq.Ft.
2 car garageParking
Listed by Greg Pfaff• Kline May Realty
Bought with Jo Plaster• Funkhouser: East Rockingham
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Market trends in 22846, VA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
99.8%
+1.3% MoM
Median sale price
$493K
$62K MoM
Avg. days on market
73d
25 days MoM
Recently sold homes
14
1 MoM
Provided by Redfin
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Rental estimate
Est. $2,828 per month, based on comparable rentals
Sale and tax history for 3950 Happy Valley Rd
Sale History
Tax History
Date
Event
Price
HRAR #673609
May 27, 2026
Sold
$275,000
$89/sq ft
Mar 2, 2026
Contingent
—
Feb 25, 2026
Listed
$330,000
$107/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$2,255 (+5.8%)
$48,300 + $265,200
$313,500
2025
$2,132
$48,300 + $265,200
$313,500
2024
$2,132
$48,300 + $265,200
$313,500
2023
$2,132
$48,300 + $265,200
$313,500
2022
$2,132 (+28.8%)
$48,300 + $265,200
$313,500
2021
$1,655
$45,000 + $178,700
$223,700
2020
$1,655
$45,000 + $178,700
$223,700
2019
$1,655
$45,000 + $178,700
$223,700
2018
$1,655 (+2.1%)
$45,000 + $178,700
$223,700
2017
$1,622 (+5.7%)
$45,000 + $178,700
$223,700
2016
$1,534 (+9.4%)
$45,000 + $174,200
$219,200
2014
$1,402
$45,000 + $174,200
$219,200
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1.67 Acres
Year renovated
—
Sq. Ft.
1,778
Year built
2001
Style
Single Family Residential
County
Rockingham County
APN
111 A 61 A
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 29, 2026.
A2
General Agricultural District
The A-2 district is designed to implement the comprehensive plan goals related to the preservation of the county's agricultural industry, economy, and rural character. This is achieved by giving preference to uses that conserve agricultural and forestall land, protect water and air quality, and conserve water and other natural and ecological resources.
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Greenhouse / nursery
Religious facility
Housing-Single unit
Fire house
Police station
Property details
Parking
Garage Information
Has Garage
AttachedGarageYN: Yes
Garage Spaces: 2
Parking Information
Parking Features: Attached, Basement, Electricity, Garage, Oversized, Garage Faces Side
Patio And Porch Features: Rear Porch, Deck, Porch, Wood
Property Information
Property Sub Type: Detached
Property Sub Type Additional: Detached
PropertyAttachedYN: No
Property Condition: Fixer
Levels: One
Above Grade Finished Area: 1,778
AboveGradeFinishedAreaUnits: Square Feet
AboveGradeFinishedAreaSource: Public Records
Above Grade Unfinished Area Source: Public Records
Below Grade Finished Area: 1,300
BelowGradeFinishedAreaUnits: Square Feet
BelowGradeFinishedAreaSource: Public Records
Below Grade Unfinished Area Source: Public Records
Land Information
Pasture Area: 1
Lot Information
Lot Size Acres: 1.67
Lot Features: Garden, Open Lot, Secluded
Financial
Tax Information
Tax Annual Amount: $2,131
Parcel Number: 111/ A/ / 61/ A
Tax Year: 2026
Utilities
Utility Information
Utilities: Cable Available, Other
Sewer: Conventional Sewer
Water Source: Private, Well
Heating & Cooling
Has Cooling
Cooling: Central Air, Heat Pump
Has Heating
Heating: Central, Electric, Forced Air, Heat Pump
Location
School Information
Elementary School: Cub Run (Rockingham)
Middle Or Junior School: Montevideo
High School: Spotswood
Location Information
Unparsed Address: 3950 HAPPY VALLEY RD
Directions: From Harrisonburg take Route 33 East Left onto Indian Trail Road. Right onto Mountain Valley Road at Redeemer school Take Mountain Valley Road to a right onto Happy Valley Road about 1.0 mile on right just past Hickory Hill Farm
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,778
Stories: 1.0
Lot Size: 1.67 acres
Style: Single Family Residential
Year Built: 2001
Year Renovated: —
County: Rockingham County
APN: 111 A 61 A
Home facts updated by county records on Jun 29, 2026
Around this home
Schools
Cub Run Elementary School
Public PreK-5 • Assigned • 4.2mi
3/10
Montevideo Middle School
Public 6-8 • Assigned • 4.0mi
6/10
Spotswood High School
Public 9-12 • Assigned • 3.6mi
7/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
1% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 95° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Keezletown, VA • 22832
Average low and high temperatures (°F)
38
22
45
28
62
39
70
49
71
53
82
63
85
68
78
61
75
57
67
45
56
38
44
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
73/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$386,000 – $467,000
Sell confidently with a local market expert in Keezletown.