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614 Old Forge Way

Madison, VA 22727

3 bd 4 ba 2,948 sqft Built 2020 Lot 132,510 sqft single_family
Most recent sale
$600,000
Oct 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 18, 2022 Sold $600,000 MLS #VAMA2000816
Sep 13, 2022 Listed $589,000 MLS #VAMA2000816
Dec 3, 2018 Sold $37,000 MLS #1000075903
Jun 29, 2018 Sold $37,000 Public Record
Mar 10, 2018 Relisted $42,000 MLS #1000075903
Mar 3, 2018 Listing removed $42,000 BrightMLS
Jan 8, 2018 Relisted $42,000 MLS #1000075903
Jan 3, 2018 Listing removed $42,000 BrightMLS
May 2, 2017 Listed $42,000 MLS #1000075903

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $561,000 $98,300 $659,300 $4,878
2023 $398,400 $74,300 $472,700 $3,497
2022 $398,400 $74,300 $472,700 $3,497
2021 $398,400 $74,300 $472,700 $3,498
2020 $111,900 $74,300 $186,200 $1,322
2019 $111,900 $74,300 $186,200 $450
2018 $70,400 $70,400 $479
2017 $70,400 $70,400 $479
2016 $70,400 $70,400 $479
2014 $70,400 $70,400 $479
2013 $70,400 $70,400 $472
2012 $100,400 $100,400 $532
2011 $100,400 $100,400 $502
2010 $100,400 $100,400 $442
2009 $100,400 $100,400 $442

Property facts

Year built
2020
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
2,948 sqft
Lot size
132,510 sqft
ZIP code
22727
City
Madison
Street
Old Forge Way
Coordinates
38.36712, -78.21221

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,422
Gross rental yield
8.84%
Implied cap rate
5.75%
Trend-extrapolated value

Frequently asked questions

When did 614 Old Forge Way last sell?
614 Old Forge Way most recently sold on Oct 18, 2022 for $600,000.
What is the current tax assessment for 614 Old Forge Way?
The most recent total assessment for 614 Old Forge Way (year 2025) is $659,300 with $4,878 in property tax.
How does 614 Old Forge Way's assessment compare to its last sale price?
The current assessment is 9.9% above the last sale price of $600,000.
When was 614 Old Forge Way built?
614 Old Forge Way was built in 2020.
How does 614 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 614 Old Forge Way?
614 Old Forge Way is a 3 bed, 4 bath, 2,948 sqft, 132,510 sqft lot single_family.
Is 614 Old Forge Way a flip candidate?
No — 614 Old Forge Way does not appear in our flips dataset.
Is 614 Old Forge Way a tax-appeal candidate?
No — 614 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 valuation
Quarterly trend
+7.4%
Implied 1-yr
+29.7%
2025 Q4
$900.9K
2026 Q1
$946K
ZIP 22727 — Median Price History + Forecast

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