487 Old Forge Way, Madison, VA 22727 Property Records

Madison County property record for 487 Old Forge Way, Madison, VA 22727

Property Summary

Property Type	Single Family Home
Details	4 bd · 2 ba · 2,334 sqft · built 2001
Lot Size	3.04 acres (132,597 sqft)
Owner	2 Individual Names on File
Last Sale	$425,000 (Sep 2022)
Tax Bill	$2,483 (2026)
Deeds & Mortgages	Sep 2022 Sale & Construction Loan Jul 2020 Sale & Construction Loan
Flood Zone	Zone X (minimal risk)
APN	`49-(5)-232`

Property Details

APN / Parcel Number

Primary APN	`49-(5)-232`
Alternative APN	`6943`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Half Baths	1 Half Bath
Total Rooms	8 Rooms
Stories	2 Stories
Building Area	2,334 sqft Living Area
1st Floor Area	1,664 sqft
Flooring	Wood
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2001
Effective Year Built	Effective 2001
Exterior Material	Vinyl
Construction Type	Brick
Roof Type	Gable
Roof Material	Composition Shingle
Lot Area	132,597 sqft (3.04 acres)
Terrain	Rolling
Garage Area	726 sqft
Driveway	Driveway
Parking Spaces	1 Parking Space

Exterior Amenities

Porch	Slab
Porch Area	192 sqft
Deck Area	262 sqft
Balcony Area	20 sqft
Shed	1 Shed

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Heat Pump
Heating Fuel	Electric
Sewer	Septic
Water Source	Well

Location & Zoning

Account Number	6943
Street Address	487 OLD FORGE WAY
City	MADISON
State	VA
Zip	22727-4378
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	A1
Legal Description	IN 220001388 3.044 AC 49(5)-232 MALVERN
Legal Subdivision	MILTON TERRY ESTS
Jurisdiction	MADISON VA
Township / Civil Division	LOCUST DALE
Census Block Group	1
Census Block	1010
Census Tract	930102

Owner

487 Old Forge Way is owned and occupied by two individuals who bought it in September 2022.

Source: Madison County records, as of August 28, 2026

Owner of Record	2 Individual Names on File
Mailing Address	487 OLD FORGE WAY, MADISON, VA 22727-4378
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Sep 20, 2022	Bargain and Sale Deed, Construction Loan · Construction Mortgage MOVEMENT MORTGAGE LLC
Jul 29, 2020	Bargain and Sale Deed, Construction Loan · Construction Mortgage FULTON BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 20, 2022 · Amount on File
Deed Sale	Sep 20, 2022 · Amount on File
Prior Sale	Jul 29, 2020 · Amount on File
Deed Document Number	20221388
Record Updated	Oct 29, 2026

September 2022: Bargain and Sale Deed, Construction Loan

Document Type	Bargain and Sale Deed
Jurisdiction	MADISON VA
Recording Date	Sep 20, 2022
Property Address	487 OLD FORGE WAY, MADISON, VA 22727-4378
Document Number	0220001388
Map Reference	DD 126 PG 511
Instrument Date	Sep 19, 2022
Instrument	220001388
Transaction Type	Construction Loan
Record Updated	Dec 14, 2023
Title Company	WFT NATIONAL TITLE, WFG NATIONAL TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$425.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	487 OLD FORGE WAY, MADISON, VA 22727-4378

Mortgage

Document Number	0220001389
Date	Sep 20, 2022
Instrument	220001389

Lender

Name	MOVEMENT MORTGAGE LLC

Agreement

Type	Construction Mortgage
Amount	Amount on Record

July 2020: Bargain and Sale Deed, Construction Loan

Document Type	Bargain and Sale Deed
Jurisdiction	MADISON VA
Recording Date	Jul 29, 2020
Property Address	487 OLD FORGE WAY, MADISON, VA 22727-4378
Document Number	0200001119
Map Reference	DD 126 PG 511
Instrument Date	Jul 27, 2020
Instrument	200001119
Transaction Type	Construction Loan
Record Updated	Dec 14, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$328.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	487 OLD FORGE WAY, MADISON, VA 22727-4378

Mortgage

Document Number	0200001120
Date	Jul 29, 2020
Instrument	200001120

Lender

Name	FULTON BANK

Agreement

Type	Construction Mortgage
Amount	Amount on Record

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

The 2026 property tax bill for 487 Old Forge Way was $2,483.

Source: Madison County assessment roll, as of August 28, 2026

Property Jurisdictions

Type	Name
State	Virginia
County	Madison County
Unified School District	Madison County Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$2,483.00	$468,500 Land $98,400 Building $370,100	$468,500 Land $98,400 Building $370,100
2023	$2,134.00	$288,400 Land $74,300 Building $214,100	$288,400 Land $74,300 Building $214,100

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 487 Old Forge Way in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective April 29, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 487 Old Forge Way is low, with a 0.02% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 71% of Virginia
Wildfire Likelihood	0.02% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 23 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	1,200 / 35
Firefly Fiber Broadband Fiber	1,000 / 1,000
Virginia Broadband Fixed Wireless · not low latency	100 / 25

Cell Coverage

4G LTE (outdoors only), no 5G reported

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