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201 Fairway Dr

Locust Grove, VA 22508

5 bd 3 ba 2,586 sqft Built 2022 Lot 7,405 sqft single_family
Most recent sale
$422,000
Feb 15, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 15, 2023 Sold $422,000 BrightMLS
Jan 10, 2023 Price changed $409,700 BrightMLS
Dec 6, 2022 Price changed $419,700 BrightMLS
Oct 14, 2022 Listed $429,700 BrightMLS
Feb 14, 2022 Sold $68,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $302,000 $92,400 $394,400 $2,445
2024 $302,000 $92,400 $394,400 $2,012
2023 $238,300 $30,000 $268,300 $2,012
2022 $22,000 $22,000 $165
2021 $22,000 $22,000 $158
2020 $22,000 $22,000 $158
2019 $22,000 $22,000 $176
2018 $22,000 $22,000 $176
2017 $22,000 $22,000 $176
2016 $22,000 $22,000 $176
2015 $20,000 $20,000 $160
2014 $20,000 $20,000 $160
2013 $20,000 $20,000 $144
2012 $20,000 $20,000 $144
2011 $95,000 $95,000 $465
2010 $95,000 $95,000 $465
2009 $95,000 $95,000 $446
2008 $95,000 $95,000 $446
2007 $95,000 $95,000 $399

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,586 sqft
Lot size
7,405 sqft
ZIP code
22508
City
Locust Grove
Street
Fairway Dr
Coordinates
38.33826, -77.74926

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,879
Gross rental yield
11.03%
Implied cap rate
7.17%
Trend-extrapolated value

Frequently asked questions

When did 201 Fairway Dr last sell?
201 Fairway Dr most recently sold on Feb 15, 2023 for $422,000.
What is the current tax assessment for 201 Fairway Dr?
The most recent total assessment for 201 Fairway Dr (year 2025) is $394,400 with $2,445 in property tax.
How does 201 Fairway Dr's assessment compare to its last sale price?
The current assessment is 6.5% below the last sale price of $422,000.
When was 201 Fairway Dr built?
201 Fairway Dr was built in 2022.
How does 201 Fairway Dr compare to others on Fairway Dr?
We track 8 other properties on Fairway Dr. Browse the list under "Other properties on Fairway Dr" to compare beds, baths, and sale history.
What are the property facts for 201 Fairway Dr?
201 Fairway Dr is a 5 bed, 3 bath, 2,586 sqft, 7,405 sqft lot single_family.
Is 201 Fairway Dr a flip candidate?
Yes — 201 Fairway Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 201 Fairway Dr a tax-appeal candidate?
No — 201 Fairway Dr 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
-5.4%
Implied 1-yr
-21.6%
2026 Q3
$324.3K
2026 Q4
$312.8K
ZIP 22508 — Median Price History + Forecast

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