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Sold for $385,000
  • $385,000

    318 Fairfield Ln, Troutville, VA 24175

    4beds
    2,680sqft
    Single Family Residence
    Built in 1973
    0.56 Acres Lot
    $387,900 Zestimate®
    $144/sqft
    $2,432 Estimated rent

    Home value

    $387,900

    Estimated sales range

    Not available

    $2,432/mo

    Zestimate® history
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    What's special

    Replacement tilt-in windows throughoutStorage buildingLarge flat private yardExpansive deckHickory hardwood floorsUnbelievable walk in closet
    Beautifully maintained open floorplan ranch, hickory hardwood floors and a spacious great room centered around a granite island. Updated kitchen with stainless steel appliances. Hall bath features a skylight for added natural light. The generous primary suite includes a sitting area and a remodeled bath with soaking tub & tiled shower. It also includes an unbelievable walk in closet that you have to see to believe. A flexible bonus room on the lower level can function as a 4th bedroom or office. Replacement tilt-in windows throughout. Enjoy the large, flat, private yard from the 3-season sunroom or the expansive deck. Property includes a storage building and two driveways providing ample parking for extra vehicles, RV, or boat. Click on the ''more'' button for an info sheet on all updates There is a neighborhood lake (Rainbow Forest Lake), that the family can play in, swim in and fish in. Membership is voluntary and only $125 a year for the entire household. Stone paver firepit installed in backyard in 2019, Upgraded ceiling fans in every bedroom all with wireless remotes, Upgraded several light switches and outlets in various locations throughout the house some are smart switches. Completely remodeled the master bedroom suite to include new laminate plank flooring, accent wall, new electrical wiring throughout with new outlets and switches, electric fireplace installed, constructed a walk-in closet inside the master suite with shelving, cabinets, and clothes rods. All in 2020 Eliminated a closet in basement living room and replaced the flooring in that area with Vinyl plank flooring to facilitate a more open floorplan and spot for desk allowing easy chair rolling in 2026. Installed a 25 ft. flagpole in front yard complete with hardwired and switched dusk till dawn floodlights in 2020, 5 exterior ring cameras included with sale, Dusk till dawn porch lights at front and bottom side doors, replaced worn deck boards on the back deck, repainted rails, and repainted boards with Behr deck over for longevity in 2026. Gas log (LP) fireplaces in both upstairs and downstairs living rooms, Gas range (LP) added in 2024, LP tank is owned, not rented, Heat pump was just checked and recharged in 2025. Two storage rooms under deck accessible from outside under deck, two door large entrance shed less then 10 years old in back yard with loft for even more storage, Washer and dryer less then 6 years old conveys, 1.5 inch faux wood levlor blinds throughout house, 2018 new water heater, 2018 granite, 2009 roof, 2010, 3 ton heat pump.

    Zillow last checked:

    Listing updated:

    Listed by:

    JOHN WESLEY SMITH 540-580-9318,

    WEST LAKE REAL ESTATE

    Bought with:

    ASHLEY RENEE RAMSEY, 0225209735

    REAL BROKER LLC - MCLEAN

    Source: RVAR,MLS#: 925581MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard Electric, Heat Pump Electric
    Cooling
    • Ductless, Heat Pump Electric
    Appliances
    • Included: Dryer, Washer, Dishwasher, Electric Range
    Features
    • Flooring: Wood
    • Has basement: Yes
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 3,122
    • Total interior livable area: 2,680 sqft
    • Finished area above ground: 1,576
    • Finished area below ground: 1,104

    Property

    Parking
    • Parking features: Attached Carport
    • Has carport: Yes
    Features
    • Waterfront features: Pond
    Lot
    • Size: 0.56 Acres
    • Features: Level
    Details
    • Parcel number: 108A(1)141

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick
    Condition
    • Completed
    • Year built: 1973

    Utilities & green energy

    • Electric: 0 Phase
    • Water: Other - See Remarks
    • Utilities for property: DSL

    Community & HOA

    Community
    • Features: Beach Access
    • Subdivision: Rainbow Forest
    HOA
    • Has HOA: No
    Location
    • Region: Troutville

    Financial & listing details

    • Price per square foot: $144/sqft
    • Tax assessed value: $351,100
    • Annual tax amount: $2,457
    • Date on market: 3/17/2026

    Price history

    DateEventPrice
    6/8/2026Sold$385,000-2.5%$144/sqft
    Source: RVAR #925581 Report a problem
    3/31/2026Pending sale$394,950$147/sqft
    Source: RVAR #925581 Report a problem
    3/17/2026Listed for sale$394,950+61.2%$147/sqft
    Source: RVAR #925581 Report a problem
    5/24/2019Sold$245,000-2%$91/sqft
    Source: RVAR #856579 Report a problem
    4/18/2019Pending sale$249,950$93/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS - NORTH #856579 Report a problem
    4/5/2019Price change$249,950-2%$93/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS - NORTH #856579 Report a problem
    3/19/2019Price change$254,950-1.9%$95/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS - NORTH #856579 Report a problem
    3/4/2019Listed for sale$259,950$97/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS - NORTH #856579 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,458 $351,100
    2024$2,458 +29.9%$351,100 +46.6%
    2023$1,892 $239,500
    2022$1,892 -99.2%$239,500
    2021$239,500 +12558.2%$239,500
    2020$1,892 +24.9%$239,500 +24.9%
    2018$1,514 $191,700
    2017$1,514 $191,700
    2016$1,514 $191,700 +1.1%
    2015$1,514 +10.9%$189,600
    2014$1,365 $189,600
    2010$1,365 $189,600
    Find assessor info on the county website

    Neighborhood: 24175

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Colonial
    • Middle: Read Mountain
    • High: Lord Botetourt

    Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $387,900
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