$150,000
SOLD JUL 24, 2025

112 Ellsworth St Martinsville, VA 24112

4 Beds
2 Baths
2,160 Sq Ft
6,708 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

6% Below List Price

193 Days on Market

Highlights

  • Main Floor Bedroom
  • Cooling Available
  • Ceiling Fan
  • Enclosed Patio or Porch
  • Ceramic Tile Flooring
  • Storm Doors

About This Home

As of July 2025

This versatile duplex offers a fantastic opportunity for investors or those seeking multi-family living. Each unit features 2 bedrooms, 1 bathroom, and 1,080 square feet of living space, along with the convenience of washer/dryer hookups and dishwashers. One unit was renovated in 2023, including the addition of a new heat pump. Both on and off street parking are available. Both units are currently on month-to-month leases, allowing flexibility for owner-occupancy or continued rental income. Whether you choose to live in one unit and rent the other, or rent both for steady income, this property offers incredible potential. Located close to schools, shopping, and local amenities, it is ideally situated for tenants or an owner-occupant. Don't miss out on this income-producing property, schedule your showing today! One owner is a licensed Virginia real estate agent.

Last Agent to Sell the Property

Carrie Kendrick

KW Martinsville Brokerage Phone: 2767887653 License #0225263657 Listed on: 01/10/2025

KW Martinsville

Last Buyer's Agent

Amy Guilliams

KW Martinsville License #0225243027

KW Martinsville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $559

Year Built

  • Built in 1935

Home Design

  • Duplex
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Enclosed Patio or Porch
  • 6,708 Sq Ft Lot

Community Details

  • Martinsville Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$559

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Duplex,Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Martinsville
  • Carport Y N: No
  • Garage Yn: No
  • Structure Type: Duplex
  • Year Built: 1935
  • Attribution Contact: 2767887653
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Electric Range, Refrigerator
  • Other Equipment: No Farm Equipment
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None, Electric
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s)
  • Living Area: 2160

Exterior Features

  • Waterfront Features: No Surface Water
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Enclosed Porch, Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: None, Paved Drive

Utilities

  • Laundry Features: Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump, Other
  • Cooling Y N: Yes
  • Heating: Heat Pump, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 6708.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2022
Sold by
T R Properties Inc
Bought by
Theofilos G Balabanis Trust Fund and George T And Elizabeth P Balabanis Charitable Foundation

Purchase Details

Closed on
Apr 18, 2012
Sold by
Shevos Eric R
Bought by
Tr Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
3.89%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- --
Warranty Deed $30,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $19,500 Land Contract Argmt. Of Sale
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Sold $150,000 +7.2% $69 / Sq Ft
04/24/2025 04/24/25 Off Market $139,900 -- --
02/12/2025 02/12/25 Price Changed $139,900 -6.7% $65 / Sq Ft
01/18/2025 01/18/25 Price Changed $149,900 -6.3% $69 / Sq Ft
01/10/2025 01/10/25 For Sale $159,900 -- $74 / Sq Ft
Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $559 $56,500 $4,000 $52,500
2023 $559 $56,500 $4,000 $52,500
2022 $415 $39,900 $4,000 $35,900
2021 $415 $39,900 $4,000 $35,900
2020 $424 $39,900 $4,000 $35,900
2019 $424 $39,900 $4,000 $35,900
2018 $306 $27,700 $4,000 $23,700
2017 $294 $27,700 $4,000 $23,700
2016 $318 $29,900 $4,000 $25,900
2015 $318 $29,900 $4,000 $25,900
2014 $318 $29,900 $4,000 $25,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 144399

APN: 000559400