NOT LISTED FOR SALE

1503 Sam Lions Trail Martinsville, VA 24112

Estimated Value: $201,000 - $306,000

4 Beds
2.5 Baths
2,096 Sq Ft
$122/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $220,000 $105 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,539/month

49 Days on Market

Highlights

  • Home fronts a pond
  • Main Floor Bedroom
  • Views
  • Wood Flooring
  • Cooling Available
  • Attic Fan

About This Home

As of September 2023

Beautiful view of Lake Lanier. 4 bedroom home with a bedroom and laundry on the main floor. Large eat in kitchen with additional dining room. Family room with fireplace. Sunroom over looking the lake. Beautiful Hardwood flooring throughout most of the home. Both levels of home has its own heat pump (2 years old) There is a separate building with electricity and AC that would be a perfect space for those that work from home. Storage space under home in addition to the storage building.

Last Agent to Sell the Property

Patti Johnson

Adams Realty,Inc. Brokerage Phone: 2766475277 License #0225053583 Listed on: 08/06/2023

Co-Listed By

Cynthia Gammons

Adams Realty,Inc. Brokerage Phone: 2766475277 License #0225099225

Last Buyer's Agent

Non Member Office

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1964

Lot Details

  • 0.41 Acre Lot
  • Home fronts a pond

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,096 Sq Ft Home
  • Ceiling Fan
  • Fireplace Features Masonry
  • Crawl Space
  • Attic Fan
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Outbuilding

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Forest Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,694

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Co List Office Mls Id: 173
  • Co List Office Phone: 276-647-5277
  • Subdivision Name: Forest Park
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1964
  • Attribution Contact: 2766475277
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is, Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Other Equipment: No Farm Equipment
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 1, Masonry, Electric
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s)
  • Living Area: 2096

Exterior Features

  • Lot Features: Views
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Outbuilding
  • Roof: Composition

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size Sq Ft: 18033.84
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2023
Closed on
Sep 27, 2023
Sold by
Gass James C and Gass Carina Janea
Bought by
Johnston Felicia and Compeau Ryan
Seller's Agent
Patti Johnson
Adams Realty,Inc.
Buyer's Agent
Non Member Office
Non Member Office
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Views
114
Current Estimated Value
$256,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,475
Avg. Annual Appreciation
13.54%
Original Mortgage
$216,015
Outstanding Balance
$212,722
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$67,305

Purchase Details

Listed on
Nov 18, 2020
Closed on
Feb 23, 2021
Sold by
Balabanis Theofilos G and Balabanis Ruby Gentry
Bought by
Gass James C and Gass Carina Janea
Seller's Agent
Rod Berry
Berry-Elliott, REALTORS
Buyer's Agent
Rives Coleman
Rives S. Brown REALTOR
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.08%
Original Mortgage
$136,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2020
Sold by
Harri Thomas Franklin
Bought by
Balabanis Theofilos G and Balabanis Ruby Gentry
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 Buyer Sale Price Title Company
Johnston Felicia $220,000 Performance Title & Settlement
Gass James C $160,000 Attorney
Balabanis Theofilos G $125,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Felicia $216,015
Previous Owner Gass James C $136,000
Previous Owner Milstead Walter $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2023 10/08/23 Off Market $225,000 -- --
09/27/2023 09/27/23 Sold $220,000 -2.2% $105 / Sq Ft
08/06/2023 08/06/23 For Sale $225,000 +40.6% $107 / Sq Ft
02/23/2021 02/23/21 Sold $160,000 0.0% $76 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $160,000 -- $76 / 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 $1,694 $171,100 $20,000 $151,100
2023 $1,694 $171,100 $20,000 $151,100
2022 $1,337 $128,600 $20,000 $108,600
2021 $1,337 $128,600 $20,000 $108,600
2020 $1,366 $128,600 $20,000 $108,600
2019 $1,366 $128,600 $20,000 $108,600
2018 $1,348 $124,400 $20,000 $104,400
2017 $1,321 $124,400 $20,000 $104,400
2016 $1,375 $129,500 $20,000 $109,500
2015 $1,375 $129,500 $20,000 $109,500
2014 $1,368 $128,800 $20,000 $108,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 139635

APN: 000545400