Looking to live in the country but only be minutes from schools, shopping, and restaurants? Look no further! Set on a beautiful and mostly level lot with several fruit trees and grape vines just minutes from Downtown Farmville is where you will find this well maintained cozy ranch home. Step inside this inviting home you’ll find 3 bedrooms, 1 bath, real hardwood floors, formal dining room, replacement windows & more. The partial walkout basement offers additional space for storage, flex space, or future expansion. There’s plenty of room in the 24' x 24' detached outbuilding with electricity to store your vehicles, boats/kayaks, & collectables. Enjoy walking, running, or biking The High Bridge Trail which is just around the corner and fishing or kayaking at the Sandy River Reservoir which is a stone's throw away. Located close to Hwy 460 where you can easily commute to Richmond, Petersburg, Lynchburg, and beyond. The quaint Village of Rice will welcome you with all it has to offer! This charming home has been lovingly maintained and is awaiting its new owner!
Looking to live in the country but only be minutes from schools, shopping, and restaurants? Look no further! Set on a beautiful and mostly level lot with several fruit trees and grape vines just minutes from Downtown Farmville is where you will find this well maintained cozy ranch home. Step inside this inviting home you'll find 3 bedrooms, 1 bath, real hardwood floors, formal dining room, replacement windows & more. The partial walkout basement offers additional space for storage, flex space, or future expansion. There's plenty of room in the 24' x 24' detached outbuilding with electricity to store your vehicles, boats/kayaks, & collectables. Enjoy walking, running, or biking The High Bridge Trail which is just around the corner and fishing or kayaking at the Sandy River Reservoir which is a stone's throw away. Located close to Hwy 460 where you can easily commute to Richmond, Petersburg, Lynchburg, and beyond. The quaint Village of Rice will welcome you with all it has to offer! This charming home has been lovingly maintained and is awaiting its new owner!
CVRMLS #2117773
Jan 7, 2022
Sold
$167,500
$153/sq ft
Jun 11, 2021
Listed
$169,900
$156/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$675 (+18.7%)
$24,000 + $144,800
$168,800
2024
$569
$17,000 + $92,400
$109,400
2023
$569 (+8.3%)
$17,000 + $92,400
$109,400
2021
$525 (+13.3%)
$17,000 + $92,400
$109,400
2020
$464
$15,000 + $75,900
$90,900
2019
$464
$15,000 + $75,900
$90,900
2018
$464
$15,000 + $75,900
$90,900
2017
$464 (+0.1%)
$15,000 + $75,900
$90,900
2016
$463 (−2.9%)
$15,000 + $75,900
$90,900
2014
$477 (+12.0%)
$12,000 + $89,500
$101,500
2013
$426
$12,000 + $89,500
$101,500
Tax history for 1587 Fairlea Rd
Year
Property tax
Land + Additions
Assessment*
2025
$675 (+18.7%)
$24,000 + $144,800
$168,800
2024
$569
$17,000 + $92,400
$109,400
2023
$569 (+8.3%)
$17,000 + $92,400
$109,400
2021
$525 (+13.3%)
$17,000 + $92,400
$109,400
2020
$464
$15,000 + $75,900
$90,900
2019
$464
$15,000 + $75,900
$90,900
2018
$464
$15,000 + $75,900
$90,900
2017
$464 (+0.1%)
$15,000 + $75,900
$90,900
2016
$463 (−2.9%)
$15,000 + $75,900
$90,900
2014
$477 (+12.0%)
$12,000 + $89,500
$101,500
2013
$426
$12,000 + $89,500
$101,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
1972
Sq. Ft.
1,092
Year built
1964
Style
Single Family Residential
County
Prince Edward County
APN
040 A 36
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 2.5
Parking
Features: Detached, Garage
Interior
Bathroom Information
# of Full Bathrooms: 1
Room Information
# of Rooms (Total): 5
Has Basement
Basement Information: Partial, Walk-Out Access
Room 1 Information
Full Bath
Description: Tub & Shower
Level: First
Room 2 Information
Bedroom 3
Description: Wood Floors
Level: First
Dimensions: 9.9 x 12.6
Length: 9.9
Width: 12.6
Room 3 Information
Bedroom 2
Description: Wood Floors
Level: First
Dimensions: 11.9 x 12.6
Length: 11.9
Width: 12.6
Room 4 Information
Description: Wood Floors
Level: First
Dimensions: 11.6 x 12.6
Length: 11.6
Width: 12.6
Room 5 Information
Kitchen
Description: New Vinyl Floor
Level: First
Dimensions: 9.4 x 12.6
Length: 9.4
Width: 12.6
Room 6 Information
Dining Room
Description: Wood Floors
Level: First
Dimensions: 10.1 x 12.6
Length: 10.1
Width: 12.6
Room 7 Information
Living Room
Description: Wood Floors
Level: First
Dimensions: 17.4 x 12.6
Length: 17.4
Width: 12.6
Laundry Information
Features: Washer Hookup, Dryer Hookup
Equipment
Appliances: Electric Water Heater, Refrigerator, Stove
Interior Features
Flooring: Vinyl, Wood
Other Features: Bedroom on Main Level, Laminate Counters, Wired for Data
Exterior
Building Information
Stories: 1
Stories (Total): 1
Year Built Details: Actual
Roof Details: Composition, Shingle
Construction Details: Aluminum Siding, Frame
Exterior Features
Exterior Features: Out Building(s)
Other Structures: Outbuilding
Lot Information
Lot Size Area: 1
Lot Size Acres: 1
Lot Features: Fruit Trees, Level
Property Information
Below Grade Unfinished Area: 727
Above Grade Finished Area: 1,092
Resale
Financial
Assessments and Fees
Assessed Value: $109,400
Tax Information
Annual Tax Amount: $514
Tax Year: 2020
Utilities
Utility Information
Sewer: Septic Tank
Water Source: Well
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air, Oil
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,092
Stories: —
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1964
Year Renovated: 1972
County: Prince Edward County
APN: 040 A 36
Home facts updated by county records on Aug 3, 2026
Around this home
Schools
Prince Edward Elementary School
Public PreK-4 • Assigned • 5.9mi
4/10
Prince Edward Middle School
Public 5-8 • Assigned • 5.9mi
2/10
Prince Edward County High School
Public 9-12 • Assigned • 5.9mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
4/10 Wind Factor
12% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Rice, VA • 23966
Average low and high temperatures (°F)
45
26
51
31
68
42
75
51
77
55
87
66
90
71
82
64
79
60
71
48
63
40
49
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 4.9 hours in December, which is comparable to the
U.S. average for solar exposure.