$565,000
SOLD JUN 24, 2025

4508 N Lee Hwy Fairfield, VA 24435

5 Beds
5 Baths
3,516 Sq Ft
20 Acres

Recently Sold

$161 Per Sq Ft

16% Below List Price

29 Days on Market

About This Home

As of June 2025

Spacious and versatile, this solid brick ranch offers 5 bedrooms, 3 full baths, and 2 half baths, all nestled on 20 rolling acres. A private studio-style bedroom and bath are located above the garage--ideal for guests or creative space. The walk-out basement is a fully finished living area with a den, dining space, kitchen, bedroom, and full bath--perfect for multi-generational living or rental potential. Outside, a massive 3-bay garage provides ample room for equipment or hobbies and could easily be converted to accommodate farm animals. Enjoy peaceful country living with room to grow, explore, and create your own retreat.

Last Agent to Sell the Property

Kathleen Kellett

Long & Foster - Staunton Listed on: 05/06/2025

Last Buyer's Agent

Will Moore

James Wm. Moore Real Estate Co.

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,178

Year Built

1972

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From I-81 S, take exit 400 for VA-710 toward Fairfield, follow US-11 for 3.3 miles, make a U-turn and the property will be on your right.
  • HistoricProperty: No
  • Listing Member Name: KATHLEEN KELLETT-WARD
  • Listing Office Short Id: LAFR
  • Open House Office I D: 20141118174130830158000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: JWMJ
  • Selling Office Short Id: 78
  • Subdivision Yn: No
  • TotalFinSFApx: 3516.00
  • Year Built: 1972
  • Taxes Dollars: 2829.18
  • TotalAcresApx: 20.00
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 463800.00
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Front
  • Building Style: Detached Units
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Finished, Full, Heated, Interior Access, Walkout
  • Full Bathrooms: 3.00
  • Updated Floor: Ceramic Tile, Vinyl, Wood
  • Floor Other: Linoleum
  • Half Bathrooms: 2
  • Appliances: As Is, Dishwasher, Disposal, Dryer Hookup, Electric Range, Oven, Washer Hookup, Wood Stove
  • Has Attic: None
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 3 or More, Gas, Wood Stove
  • Interior Amenities: Storage, Workshop
  • Lower Floor 1 Bedrooms: 18

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck-Rear, Deck-Side, Fireplace, Porch-Front, Storage Building
  • Roof: Shingle
  • Street: Lee Hwy
  • Tax Rate: 0.61/100
  • Flood Zone: Other (Use Remarks)
  • Out Buildings: Garage, Workshop
  • Topography: Open, Rolling, Views
  • Exterior Features: Paved Driveway, Porch, Storage Shed, Workshop

Garage/Parking

  • Garage Spaces: Attached, Detached, Double, Storage, Workshop

Utilities

  • Cooling: Central Cooling
  • Heating: Baseboard Electric, Electric, Wood Stove
  • Sewer: Existing Septic
  • Utilities Available: Cable, Electric, Public Water
  • Water: Public Water, Well
  • Water Heater: Electric
  • Domestic Water Other: Well-inactive

Schools

  • Elementary School: Fairfield
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Fairfield
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: Yes
  • Zoning: Agricultural
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 51-5-A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2025
Closed on
Jun 24, 2025
Sold by
Franklin Donald E and Franklin Carol Z
Bought by
Wade Kenneth J and Wade Dale Sue
Seller's Agent
Kathleen Kellett
Long & Foster - Staunton
Buyer's Agent
Will Moore
James Wm. Moore Real Estate Co.
List Price
$675,000
Sold Price
$565,000
Premium/Discount to List
-$110,000
-16.3%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.58%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $565,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Sold $565,000 -9.6% $161 / Sq Ft
06/04/2025 06/04/25 Pending -- -- --
05/21/2025 05/21/25 Price Changed $625,000 -7.4% $178 / Sq Ft
05/06/2025 05/06/25 For Sale $675,000 -- $192 / Sq Ft
Source: Rockbridge Highlands REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,178 $463,800 $188,500 $275,300
2023 $2,178 $463,800 $188,500 $275,300
2022 $1,876 $360,200 $168,500 $191,700
2021 $1,876 $360,200 $168,500 $191,700
2020 $1,876 $360,200 $168,500 $191,700
2019 $1,851 $360,200 $168,500 $191,700
2018 $1,775 $360,200 $168,500 $191,700
2017 $1,775 $360,200 $168,500 $191,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 139244

APN: 51 5 A