For sale

$240,000

187 Valley Mill Rd, Winchester, VA 22602

2beds

997sqft

$1,542/mo

Get pre-qualified

Single Family Residence

Built in 1953

7,841 Square Feet Lot

$234,700 Zestimate^®

$241/sqft

$-- HOA

What's special

Lvp flooring throughoutSpacious flat yard

Great investment opportunity for this centrally located rambler! Just minutes from Route 7 and I-81, this property offers convenient access to shopping, restaurants, and everyday amenities. The current tenant is under lease through 11/13/26, providing immediate rental income for an investor. With some sweat equity and a few updates, there is potential to increase the rental income significantly. Looking for a home of your own? This property could also be a great opportunity for a first-time homebuyer looking to build equity and make it their own. The home features LVP flooring throughout and a spacious, flat yard with plenty of room to enjoy the outdoors. Whether you're looking to add to your investment portfolio or find a home with room to grow, this one is worth a look!

23 days
1,521
61

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Heating

Forced Air, Natural Gas

Cooling

None

Appliances

Included: Electric Water Heater

Features

Combination Kitchen/Dining
Has basement: No
Has fireplace: No

Interior area

Total structure area: 997
Total interior livable area: 997 sqft
Finished area above ground: 997

Property

Parking

Parking features: Off Street

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 7,841 Square Feet

Details

Additional structures: Above Grade
Parcel number: 44329
Zoning: RA
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch/Rambler
Property subtype: Single Family Residence

Materials

Stucco
Foundation: Slab

Condition

New construction: No
Year built: 1953

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None Available

HOA

Has HOA: No

Location

Region: Winchester

Financial & listing details

Price per square foot: $241/sqft
Tax assessed value: $92,900
Annual tax amount: $473
Date on market: 8/29/2026
Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple

Estimated market value

$234,700

$223,000 - $246,000

$1,712/mo

Price history

Date	Event	Price
8/29/2026	Listed for sale	$240,000+53.8%$241/sqft
Source: Bright MLS #VAFV2044388 Report a problem
5/25/2007	Sold	$156,000$156/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$778 +18.7%	$162,000 +26.1%
2024	$655	$128,500
2023	$655 +95.2%	$128,500 +16.7%
2022	$336	$110,100
2021	$336 -46.6%	$110,100 +6.9%
2020	$628 -50%	$103,000
2019	$1,257 +119.1%	$103,000 +9.6%
2018	$573 +1.7%	$94,000
2017	$564 +16.6%	$94,000 +16.6%
2016	$484 +7.1%	$80,600
2015	$451 +92.6%	$80,600 +2.3%
2014	$234	$78,800
2013	--	$78,800 -1.6%
2012	--	$80,100
2011	--	$80,100 -13.8%
2010	--	$92,900
2009	--	$92,900 -20.8%
2008	--	$117,300
2007	--	$117,300