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503 Milnwood Rd

Farmville, VA 23901

3 bd 4 ba 3,510 sqft Built 1954 Lot 24,829 sqft single_family
Most recent sale
$247,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $247,000 Public Record
May 18, 2022 Price changed $254,900 MLS #48485
May 7, 2022 Price changed $259,900 MLS #337104
Mar 23, 2022 Listed $269,900 MLS #48485
Jun 13, 2018 Sold $125,000 Public Record
Mar 29, 2014 Listing removed $139,950 Farmville
Jul 6, 2013 Listed $139,950 MLS #33333
May 28, 2013 Listing removed $149,900 Farmville
Apr 11, 2013 Price changed $149,900 MLS #32162
Nov 28, 2012 Listing removed $165,000 Farmville
Nov 27, 2012 Listed $165,000 MLS #32162
Jun 2, 2012 Listed $165,000 MLS #31441

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $246,100 $30,000 $276,100 $1,104
2023 $174,900 $25,000 $199,900 $1,039
2021 $160,500 $25,000 $185,500 $890
2020 $133,600 $38,500 $172,100 $877
2019 $133,600 $38,500 $172,100 $877
2018 $133,600 $25,000 $158,600 $808
2017 $133,600 $25,000 $158,600 $808
2016 $133,600 $25,000 $158,600 $808
2015 $133,600 $25,000 $158,600 $777
2014 $142,100 $51,600 $193,700 $910
2013 $142,100 $51,600 $193,700 $813
2010 $142,100 $51,600 $193,700 $813
2008 $116,900 $17,500 $134,400 $766

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
3,510 sqft
Lot size
24,829 sqft
ZIP code
23901
City
Farmville
Street
Milnwood Rd
Coordinates
37.28699, -78.37965

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,482
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 503 Milnwood Rd last sell?
503 Milnwood Rd most recently sold on Jun 29, 2022 for $247,000.
What is the current tax assessment for 503 Milnwood Rd?
The most recent total assessment for 503 Milnwood Rd (year 2025) is $276,100 with $1,104 in property tax.
How does 503 Milnwood Rd's assessment compare to its last sale price?
The current assessment is 11.8% above the last sale price of $247,000.
When was 503 Milnwood Rd built?
503 Milnwood Rd was built in 1954.
How does 503 Milnwood Rd compare to others on Milnwood Rd?
We track 8 other properties on Milnwood Rd. Browse the list under "Other properties on Milnwood Rd" to compare beds, baths, and sale history.
What are the property facts for 503 Milnwood Rd?
503 Milnwood Rd is a 3 bed, 4 bath, 3,510 sqft, 24,829 sqft lot single_family.
Is 503 Milnwood Rd a flip candidate?
No — 503 Milnwood Rd does not appear in our flips dataset.
Is 503 Milnwood Rd a tax-appeal candidate?
No — 503 Milnwood Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.0%
Implied 1-yr
-3.8%
2026 Q3
$291.1K
2026 Q4
$288.1K
ZIP 23901 — Median Price History + Forecast

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