$116,500
SOLD MAY 27, 2016

506 Fairmont Ave Winchester, VA 22601

1.21 Acres
$96,281 Price per Acre
52,708 Sq Ft Lot

Recently Sold

7% Below List Price

36 Days on Market

About This Lot

As of March 2025

Substantial lot (1.21 acres) with mature deciduous trees near the heart of Historic Winchester. Easy walk along tree shaded streets to the library, shopping, walking mall and entertainment. This is a rare opportunity to purchase a property of this size in the city. Lot measures 125.74 feet (street frontage) by 431.76 feet (depth). See Plat attached in "documents" section

Last Agent to Sell the Property

Dallas Croft

Samson Properties License #0225158804 Listed on: 04/07/2016

Samson Properties

Last Buyer's Agent

Alan Good

Colony Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,138

Lot Details

  • 1.21 Acre Lot
  • No Building Permits
  • Property is zoned LR

Schools

  • Daniel Morgan Middle School
  • John Handley High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4374

Property Details

Property Type

Land

Est. Annual Taxes

$1,138

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Remarks Public: Substantial lot (1.21 acres) with mature deciduous trees near the heart of Historic Winchester. Easy walk along tree shaded streets to the library, shopping, walking mall and entertainment. This is a rare opportunity to purchase a property of this size in the city. Lot measures 125.74 feet (street frontage) by 431.76 feet (depth). See Plat attached in "documents" section
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 2.38
  • Street Number Modifier: 506

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: WINCHESTER CITY PUBLIC SCHOOLS
  • Middle School: DANIEL MORGAN
  • High School: JOHN HANDLEY
  • School District Key: 121141714472
  • High School: JOHN HANDLEY
  • Middle Or Junior School: DANIEL MORGAN

Lot Info

  • Lot Size Acres: 1.21
  • Lot Size Area: 52577
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 52577.00
  • Possible Use: Residential
  • Year Assessed: 2015
  • Zoning: LR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1137.50
  • Assessor Parcel Number: 4374
  • Tax Page Number: 3104
  • Tax Year: 2015
  • Close Date: 05/27/2016

MLS Schools

  • School District Name: WINCHESTER CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Mar 3, 2025
Sold by
Warren Donald K
Bought by
Lewis Chad and Lewis Kelly
Seller's Agent
Gail Farrace
Colony Realty
Buyer's Agent
Dan Whitacre
Colony Realty
List Price
$159,900
Sold Price
$147,000
Premium/Discount to List
-$12,900
-8.07%
Views
183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
197.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 $147,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $235,000 +59.9% --
03/03/2025 03/03/25 Sold $147,000 -1.9% --
08/15/2024 08/15/24 Price Changed $149,900 -6.3% --
03/05/2024 03/05/24 For Sale $159,900 +39.2% --
07/11/2017 07/11/17 Sold $114,900 0.0% --
05/22/2017 05/22/17 Pending -- -- --
05/18/2017 05/18/17 Price Changed $114,900 -8.1% --
05/01/2017 05/01/17 Price Changed $125,000 -10.7% --
02/03/2017 02/03/17 For Sale $139,900 +20.1% --
05/27/2016 05/27/16 Sold $116,500 -6.8% --
05/13/2016 05/13/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $125,000 -- --
Source: Bright MLS

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
2025 -- $62,500 $62,500 $0
2024 $0 $62,500 $62,500 $0
2023 $519 $62,500 $62,500 $0
2022 $581 $62,500 $62,500 $0
2021 $581 $62,500 $62,500 $0
2020 $581 $62,500 $62,500 $0
2019 $2,626 $62,500 $62,500 $0
2018 $569 $62,500 $62,500 $0
2017 $1,138 $125,000 $125,000 $0
2016 $1,138 $125,000 $125,000 $0
2015 $1,138 $125,000 $125,000 $0
2014 $594 $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003889619

Bright MLS

APN: 153-01-B-37A