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1125 Fairgrounds Ln, Suffolk, VA, 23434

4beds
3baths
1,573sqft
$350,000
$223price/sqft
$2,538/moest. monthly cost
$101,520/yrincome needed

About This Home

Welcome home to this beautifully maintained 4-bedroom, 3-bath residence in the highly desirable Fairgrounds Station neighborhood. Designed for both comfort and convenience, this home features a main-level bedroom and a full hall bath great for guests or multi-generational living. The spacious living room flows seamlessly into the dining area and an inviting kitchen, complete with a stunning backsplash, stylish pendant lighting, and updated faucets throughout. Step outside and enjoy peaceful pond views with a charming fountain, or relax on the welcoming front porch or spacious back deck. Conveniently located just minutes from downtown, restaurants, shopping, and everyday amenities, this home offers the perfect blend of location and lifestyle. Don't miss your opportunity to make this exceptional home yours schedule your private showing today before it's gone!

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

4/10
3/10
Lakeland High SchoolGrades 9-124.4 mi

Construction

Condition

  • Year built: 2016

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range,Refrigerator,Gas Water Heater
  • Laundry features: Dryer Hookup,Washer Hookup

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Walk-In Closet(s),Ceiling Fan(s)
  • Flooring: Carpet,Laminate/LVP
  • Attic: Pull Down Stairs

Heating & Cooling

  • Heating features: Heat Pump,Programmable Thermostat
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total interior livable area: 1,573 sqft

Property

Details

  • Parcel number: 34G24FG19

Features

  • Stories: 2
  • Pool features: None
  • Patio & porch: Deck,Porch
  • Fencing: None
  • Waterfront features: Not Waterfront

Parking

  • Total spaces: 2
  • Parking features: 2 Space,Driveway,On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Hurricane
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$169$2,028
Property Taxes $398$4,776
Electricity $202$2,433
Total$2,538$30,456
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,017/yr
40% on housing$76,140/yr
45% on housing$67,680/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$223This listing

vs Other Active Listings

Avg $/sqft

ZIP 23434$156
Suffolk City$178

vs Homes Sold Last Month

Median $/sqft

ZIP 23434$194
Suffolk City$194

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentJames Lemar
BrokerageWeichert Realtors-KBL Company

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