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311 Fairway Dr

Locust Grove, VA 22508

3 bd 2 ba 1,144 sqft Built 1997 Lot 16,240 sqft single_family
Most recent sale
$267,000
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $267,000 MLS #VAOR2002348
Jul 19, 2022 Relisted $266,900 MLS #VAOR2002348
Jun 9, 2022 Listed $256,900 MLS #VAOR2002348

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $159,600 $92,400 $252,000 $1,562
2024 $159,600 $92,400 $252,000 $1,121
2023 $119,500 $30,000 $149,500 $1,121
2022 $119,500 $30,000 $149,500 $1,121
2021 $119,500 $30,000 $149,500 $1,076
2020 $119,500 $30,000 $149,500 $1,076
2019 $105,100 $32,000 $137,100 $1,102
2018 $105,100 $32,000 $137,100 $1,102
2017 $105,100 $32,000 $137,100 $1,102
2016 $105,100 $32,000 $137,100 $1,102
2015 $92,300 $30,000 $122,300 $983
2014 $92,300 $30,000 $122,300 $983
2013 $92,300 $30,000 $122,300 $881
2012 $92,300 $30,000 $122,300 $881
2011 $120,000 $105,000 $225,000 $1,103
2010 $120,000 $105,000 $225,000 $1,103
2009 $120,000 $105,000 $225,000 $1,058
2008 $120,000 $105,000 $225,000 $1,058
2007 $120,000 $105,000 $225,000 $945

Property facts

Year built
1997
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,144 sqft
Lot size
16,240 sqft
ZIP code
22508
City
Locust Grove
Street
Fairway Dr
Coordinates
38.33952, -77.74721

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
$1,716
Gross rental yield
7.71%
Implied cap rate
5.01%
Trend-extrapolated value

Frequently asked questions

When did 311 Fairway Dr last sell?
311 Fairway Dr most recently sold on Oct 17, 2022 for $267,000.
What is the current tax assessment for 311 Fairway Dr?
The most recent total assessment for 311 Fairway Dr (year 2025) is $252,000 with $1,562 in property tax.
How does 311 Fairway Dr's assessment compare to its last sale price?
The current assessment is 5.6% below the last sale price of $267,000.
When was 311 Fairway Dr built?
311 Fairway Dr was built in 1997.
How does 311 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 311 Fairway Dr?
311 Fairway Dr is a 3 bed, 2 bath, 1,144 sqft, 16,240 sqft lot single_family.
Is 311 Fairway Dr a flip candidate?
No — 311 Fairway Dr does not appear in our flips dataset.
Is 311 Fairway Dr a tax-appeal candidate?
No — 311 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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