5507 Lee Hwy
Fairfield, VA 24435
2 bd 1 ba 1,680 sqft Built 1860 Lot 21,780 sqft single_family
Most recent sale
$50,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2022 | Sold | $50,000 | MLS #605102 |
| Apr 27, 2022 | Listed | $59,900 | MLS #605102 |
| Jul 31, 2021 | Listed | $59,900 | MLS #620614 |
| Dec 10, 2020 | Price changed | $59,900 | MLS #135202 |
| Sep 3, 2020 | Price changed | $67,900 | MLS #135202 |
| Jun 18, 2020 | Listed | $72,900 | MLS #605102 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $112,400 | $30,000 | $142,400 | $911 |
| 2022 | $39,100 | $20,000 | $59,100 | $437 |
| 2021 | $39,100 | $20,000 | $59,100 | $437 |
| 2020 | $39,100 | $20,000 | $59,100 | $437 |
| 2019 | $39,100 | $20,000 | $59,100 | $431 |
| 2018 | $39,100 | $20,000 | $59,100 | $413 |
| 2017 | $39,100 | $20,000 | $59,100 | $413 |
| 2016 | $59,900 | $35,000 | $94,900 | $697 |
| 2015 | $59,900 | $35,000 | $94,900 | $678 |
| 2014 | $59,900 | $35,000 | $94,900 | $678 |
| 2012 | $59,900 | $35,000 | $94,900 | $607 |
Property facts
Year built
1860
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,680 sqft
Lot size
21,780 sqft
ZIP code
24435
City
Fairfield
Street
Lee Hwy
Coordinates
37.87922, -79.29119
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5507 Lee Hwy last sell?
5507 Lee Hwy most recently sold on May 2, 2022 for $50,000.
What is the current tax assessment for 5507 Lee Hwy?
The most recent total assessment for 5507 Lee Hwy (year 2025) is $142,400 with $911 in property tax.
How does 5507 Lee Hwy's assessment compare to its last sale price?
The current assessment is 184.8% above the last sale price of $50,000.
When was 5507 Lee Hwy built?
5507 Lee Hwy was built in 1860.
How does 5507 Lee Hwy compare to others on Lee Hwy?
We track 8 other properties on Lee Hwy. Browse the list under "Other properties on Lee Hwy" to compare beds, baths, and sale history.
What are the property facts for 5507 Lee Hwy?
5507 Lee Hwy is a 2 bed, 1 bath, 1,680 sqft, 21,780 sqft lot single_family.
Is 5507 Lee Hwy a flip candidate?
No — 5507 Lee Hwy does not appear in our flips dataset.
Is 5507 Lee Hwy a tax-appeal candidate?
Yes — 5507 Lee Hwy appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.6%
Implied 1-yr
+6.3%
2026 Q1
$348.2K
2026 Q2
$353.2K
ZIP 24435 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lee Hwy