1587 Fairlea Rd
Rice, VA 23966
3 bd 1 ba 1,092 sqft Built 1964 Lot 43,560 sqft single_family
Most recent sale
$167,500
Jan 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 7, 2022 | Sold | $167,500 | MLS #2117773 |
| Sep 14, 2021 | Price changed | $169,900 | MLS #47387 |
| Aug 23, 2021 | Price changed | $179,900 | MLS #47387 |
| Aug 2, 2021 | Price changed | $189,900 | MLS #47387 |
| Jun 11, 2021 | Listed | $197,000 | MLS #47387 |
| Oct 10, 2017 | Sold | $115,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $144,800 | $24,000 | $168,800 | $675 |
| 2023 | $92,400 | $17,000 | $109,400 | $568 |
| 2021 | $92,400 | $17,000 | $109,400 | $525 |
| 2020 | $75,900 | $15,000 | $90,900 | $464 |
| 2019 | $75,900 | $15,000 | $90,900 | $464 |
| 2018 | $75,900 | $15,000 | $90,900 | $464 |
| 2017 | $75,900 | $15,000 | $90,900 | $464 |
| 2016 | $75,900 | $15,000 | $90,900 | $464 |
| 2015 | $75,900 | $15,000 | $90,900 | $445 |
| 2014 | $89,500 | $12,000 | $101,500 | $477 |
| 2013 | $89,500 | $12,000 | $101,500 | $426 |
| 2010 | $89,500 | $12,000 | $101,500 | $426 |
| 2008 | $62,100 | $8,000 | $70,100 | $400 |
Property facts
Year built
1964
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,092 sqft
Lot size
43,560 sqft
ZIP code
23966
City
Rice
Street
Fairlea Rd
Coordinates
37.26933, -78.29870
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,638
Gross rental yield
11.73%
Implied cap rate
7.63%
Trend-extrapolated value
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Frequently asked questions
When did 1587 Fairlea Rd last sell?
1587 Fairlea Rd most recently sold on Jan 7, 2022 for $167,500.
What is the current tax assessment for 1587 Fairlea Rd?
The most recent total assessment for 1587 Fairlea Rd (year 2025) is $168,800 with $675 in property tax.
How does 1587 Fairlea Rd's assessment compare to its last sale price?
The current assessment is 0.8% above the last sale price of $167,500.
When was 1587 Fairlea Rd built?
1587 Fairlea Rd was built in 1964.
How does 1587 Fairlea Rd compare to others on Fairlea Rd?
We do not currently track other properties on Fairlea Rd.
What are the property facts for 1587 Fairlea Rd?
1587 Fairlea Rd is a 3 bed, 1 bath, 1,092 sqft, 43,560 sqft lot single_family.
Is 1587 Fairlea Rd a flip candidate?
No — 1587 Fairlea Rd does not appear in our flips dataset.
Is 1587 Fairlea Rd a tax-appeal candidate?
No — 1587 Fairlea Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.5%
2026 Q2
$291.5K
2026 Q3
$296.4K
ZIP 23966 — Median Price History + Forecast
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