5525 N Lee Hwy Fairfield, VA 24435
4
Beds
2
Baths
2,257
Sq Ft
1
Acres
Highlights
- Fireplace in Bedroom
- Wood Flooring
- Bonus Room
- Wood Burning Stove
- Main Floor Primary Bedroom
- Living Room
About This Home
As of October 2024Historic Property in the town of Fairfield on 3 lots, Zoned B1. Main house was originally known as The Bank of Fairfield built in 1816 (possibly earlier) then added onto in later years for a rustic residence, with multiple brick fireplaces, a large country kitchen with 4 - 5 bedrooms, 2 full bathrooms, a music room/parlor, great room for entertaining, beautiful views from the back yard deck and a 10 ft x 14 ft storage shed. This home is from a bygone era and can be brought back to it's former glory with some elbow-grease and imagination, possibly making a quaint B & B. Call your buyer's agent for a showing today!
Last Agent to Sell the Property
OLD DOMINION REALTY INC - AUGUSTA License #0225 243 833 Listed on: 08/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $873
Year Built
- Built in 1816
Lot Details
- 1 Acre Lot
- Gentle Sloping Lot
- Property is zoned B-1 Business General
Home Design
- Brick Exterior Construction
- Brick Foundation
- Metal Roof
Interior Spaces
- 2-Story Property
- Wood Burning Stove
- Wood Burning Fireplace
- Entrance Foyer
- Great Room with Fireplace
- Living Room
- Bonus Room
- Partial Basement
- Fireplace in Kitchen
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Fireplace in Bedroom
- 2 Full Bathrooms
- Primary bathroom on main floor
Laundry
- Dryer
- Washer
Schools
- Fairfield Elementary School
- Rockbridge Middle School
- Rockbridge High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Wood
- Baseboard Heating
- Septic Tank
- Fiber Optics Available
Listing and Financial Details
- Assessor Parcel Number 390A-1-37; 390A-1-39; 390A-1-41
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2024
Closed on
Oct 22, 2024
Sold by
Robertson Olantha C
Bought by
Harris Mary E
Seller's Agent
Cheryl Tsakis
OLD DOMINION REALTY INC - AUGUSTA
Buyer's Agent
Mary Beth Harris
JAMES RIVER REALTY
List Price
$229,500
Sold Price
$220,000
Premium/Discount to List
-$9,500
-4.14%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,374
Avg. Annual Appreciation
3.94%
Similar Home in Fairfield, VA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $220,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $220,000 | -4.1% | $97 / Sq Ft |
| 08/27/2024 08/27/24 | Pending | -- | -- | -- |
| 08/21/2024 08/21/24 | For Sale | $229,500 | -- | $102 / Sq Ft |
Source: Charlottesville Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,150 | $188,600 | $30,000 | $158,600 |
| 2023 | $1,150 | $188,600 | $30,000 | $158,600 |
| 2022 | $254 | $171,400 | $30,000 | $141,400 |
| 2021 | $254 | $171,400 | $30,000 | $141,400 |
| 2020 | $254 | $171,400 | $30,000 | $141,400 |
| 2019 | $250 | $171,400 | $30,000 | $141,400 |
| 2018 | $1,200 | $171,400 | $30,000 | $141,400 |
| 2017 | $1,200 | $171,400 | $30,000 | $141,400 |
| 2016 | $1,080 | $147,000 | $35,000 | $112,000 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cheryl Tsakis
Seller's Agent in 2024
Cheryl Tsakis
OLD DOMINION REALTY INC - AUGUSTA
(540) 836-9219
4 in this area
59 Total Sales
-
Mary Beth Harris
Buyer's Agent in 2024
Mary Beth Harris
JAMES RIVER REALTY
(540) 460-0753
8 in this area
187 Total Sales
Map
Source: Charlottesville Area Association of REALTORS®
MLS Number: 656075
APN: 39A-1-37
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