$215,000
SOLD JUN 6, 2025

212 College St Martinsville, VA 24112

-- Bed
-- Bath
2,312 Sq Ft
0.43 Acres

Recently Sold

$93 Per Sq Ft

23% Below List Price

130 Days on Market

Highlights

  • No HOA
  • Storage
  • Ceiling Fan
  • Breakfast Area or Nook
  • Central Air

About This Home

As of June 2025

This property is completely renovated. Features include all new flooring, lighting and paint, and remodeled kitchens. Bathrooms are also updated with new vanities, fixtures and lighting. Other features include two newer heat pumps, a gorgeous covered front porch, oversized bedrooms, tall baseboard and door trim and plenty of parking. All this in a quiet neighborhood with an open field in the front for space and privacy. Property is fully leased.

Last Agent to Sell the Property

Grant Cockrell

RE/MAX ALL STARS License #0225175737 Listed on: 11/22/2024

RE/MAX ALL STARS

Last Buyer's Agent

Grant Cockrell

RE/MAX ALL STARS License #0225175737 Listed on: 11/22/2024

RE/MAX ALL STARS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $297

Year Built

  • Built in 1915

Lot Details

  • 0.43 Acre Lot

Home Design

  • Triplex

Interior Spaces

  • 2,312 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Crawl Space
  • Breakfast Area or Nook

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Insurance Expense $1,000
  • Water Sewer Expense $1,800
  • New Taxes Expense $297
  • Operating Expense $3,097
  • Gross Income $31,740
  • Net Operating Income $28,643

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$297

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Storage
  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Central Cooling, Heat Pump Electric
  • CondoAssocYN: No
  • ExpensesTaxExp: 297.00
  • Major Area: 13 - City of Martinsville
  • NumberLeasedUnits: 3.00
  • NumberUnfurnished: 3.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2025-04-28
  • TotalAnnualExpen: 3097.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 1800.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.43
  • Present Use: Built-As

Building Info

  • Year Built: 1915

Tax Info

  • Taxes (6 mo): 297.00
  • FILLTAXID: 2 (01 )N /30

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Cable TV, Electricity
  • Units In Building: 3.00
  • Multi Family Type: Triplex

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Sold $215,000 0.0% $93 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
04/01/2025 04/01/25 Off Market $215,000 -- --
02/27/2025 02/27/25 Price Changed $225,000 -8.2% $97 / Sq Ft
12/30/2024 12/30/24 Price Changed $245,000 -7.4% $106 / Sq Ft
12/10/2024 12/10/24 Price Changed $264,500 -5.5% $114 / Sq Ft
11/22/2024 11/22/24 For Sale $279,950 +16.6% $121 / Sq Ft
08/15/2024 08/15/24 Sold $240,000 -4.0% $104 / Sq Ft
06/20/2024 06/20/24 For Sale $249,900 -- $108 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 912642

Roanoke Valley Association of REALTORS®