601 Old Forge Way
Madison, VA 22727
4 bd 3 ba 4,037 sqft Built 2002 Lot 175,000 sqft single_family
Most recent sale
$540,000
Jun 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 21, 2024 | Sold | $675,000 | BrightMLS |
| Mar 16, 2024 | Price changed | $699,900 | BrightMLS |
| Mar 12, 2024 | Price changed | $714,900 | BrightMLS |
| Feb 29, 2024 | Listed | $724,900 | BrightMLS |
| Feb 28, 2024 | Listing removed | — | Charlottesville |
| Feb 23, 2024 | Price changed | $735,000 | Charlottesville |
| Feb 16, 2024 | Price changed | $759,000 | Charlottesville |
| Feb 6, 2024 | Listed | $784,000 | Charlottesville |
| Jun 15, 2022 | Sold | $540,000 | Public Record |
| Oct 22, 2021 | Listing removed | — | Charlottesville |
| Sep 9, 2021 | Price changed | $675,000 | Charlottesville |
| Aug 26, 2021 | Price changed | $688,000 | Charlottesville |
| Jun 22, 2021 | Listed | $709,900 | Charlottesville |
| Dec 11, 2014 | Listing removed | $419,900 | MRIS |
| Dec 10, 2014 | Listing removed | $379,900 | Charlottesville |
| Sep 10, 2014 | Listed | $379,900 | Charlottesville |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $530,600 | $105,500 | $636,100 | $4,707 |
| 2023 | $256,900 | $79,600 | $336,500 | $2,490 |
| 2022 | $256,900 | $79,600 | $336,500 | $2,490 |
| 2021 | $256,900 | $79,600 | $336,500 | $2,490 |
| 2020 | $256,900 | $79,600 | $336,500 | $2,389 |
| 2019 | $256,900 | $79,600 | $336,500 | $2,355 |
| 2018 | $238,300 | $88,500 | $326,800 | $2,222 |
| 2017 | $238,300 | $88,500 | $326,800 | $2,222 |
| 2016 | $238,300 | $88,500 | $326,800 | $2,222 |
| 2014 | $238,300 | $88,500 | $326,800 | $2,222 |
| 2013 | $238,300 | $88,500 | $326,800 | $2,189 |
| 2012 | $297,100 | $119,400 | $416,500 | $2,207 |
| 2011 | $297,100 | $119,400 | $416,500 | $2,082 |
| 2010 | $297,100 | $119,400 | $416,500 | $1,832 |
| 2009 | $297,100 | $119,400 | $416,500 | $1,832 |
Property facts
Year built
2002
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
4,037 sqft
Lot size
175,000 sqft
ZIP code
22727
City
Madison
Street
Old Forge Way
Coordinates
38.36738, -78.21420
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,056
Gross rental yield
13.46%
Implied cap rate
8.75%
Trend-extrapolated value
—
Frequently asked questions
When did 601 Old Forge Way last sell?
601 Old Forge Way most recently sold on Jun 15, 2022 for $540,000.
What is the current tax assessment for 601 Old Forge Way?
The most recent total assessment for 601 Old Forge Way (year 2025) is $636,100 with $4,707 in property tax.
How does 601 Old Forge Way's assessment compare to its last sale price?
The current assessment is 17.8% above the last sale price of $540,000.
When was 601 Old Forge Way built?
601 Old Forge Way was built in 2002.
How does 601 Old Forge Way compare to others on Old Forge Way?
We track 8 other properties on Old Forge Way. Browse the list under "Other properties on Old Forge Way" to compare beds, baths, and sale history.
What are the property facts for 601 Old Forge Way?
601 Old Forge Way is a 4 bed, 3 bath, 4,037 sqft, 175,000 sqft lot single_family.
Is 601 Old Forge Way a flip candidate?
Yes — 601 Old Forge Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 601 Old Forge Way a tax-appeal candidate?
No — 601 Old Forge Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.4%
Implied 1-yr
+29.7%
2025 Q4
$900.9K
2026 Q1
$946K
ZIP 22727 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Old Forge Way