NOT LISTED FOR SALE

318 Lafayette Ave Martinsville, VA 24112

Estimated Value: $158,000 - $245,000

3 Beds
1 Bath
1,389 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $50,000 $36 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $1,061/month

851 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Storm Windows
  • Main Floor Bedroom
  • Porch
  • Double Pane Windows

About This Home

As of June 2014

This is a lovely, one-owner home located on 1 and 1/2 lots that has been lovingly lived in and cared for. Just one example is that the roof underlay is tongue-in-groove. This would be perfect for all kinds of buyers. There is lots of room in this home - a really good-sized living room and dining room, a large kitchen with lots of cabinets, and there is a beautiful, knotty-pine paneled room that features a fireplace and can either be used as a bedroom or a den. In addition to all of this, there is a cheerful sun room and a large unfinished basement for the washer, dryer, and lots and lots of storage. The side-by-side refrigerator and washer and dryer are negotiable. This beautiful home is priced below the tax assessment. A lease purchase may be considered-ask your agent to inquire for y

Last Agent to Sell the Property

Mary Rives Brown

Berry-Elliott, REALTORS Brokerage Phone: 2766561111 License #0225040974 Listed on: 10/29/2011

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 105x278x109x251
  • Property is in very good condition
  • Property is zoned S-R Sub Res

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,389 Sq Ft Home
  • 1 Fireplace
  • Double Pane Windows
  • Rods
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Single Oven
  • Electric Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Block Basement Construction

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Porch

Schools

  • Collinsville Primary/John Redd Elementary School
  • Fieldale-Collinsville Middle School
  • Bassett High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Martinsville Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 105x278x109x251
  • Subdivision Name: Martinsville
  • Directions: From Commonwealth Blvd., turn right at the stoplight onto 220 North, go over the bridge, turn right on Lafayette beside D & B Motors.
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1951
  • Kitchen Level: First
  • RoomBedroomLevel: First
  • RoomBathroomLevel: First
  • Attribution Contact: 2766561111
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is, Electric Range, Single Oven
  • Other Equipment: No Farm Equipment
  • Has Basement: Block, No Inside Entry, Exterior Entry, Partial, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 1389
  • Window Features: Double Pane Windows, Rods/Hardware, Storm Window(s), Window Treatments
  • Living Room Living Room Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Waterfront Features: No Surface Water
  • Disclosures: Lead Paint
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Porch
  • Property Condition: Very Good
  • Roof: Composition

Garage/Parking

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

Utilities

  • Laundry Features: Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central-Electric
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Utilities On
  • Water Source: Public

Schools

  • Elementary School: Collinsville Primary/John Redd
  • High School: Bassett
  • Middle Or Junior School: Fieldale-Collinsville

Lot Info

  • Lot Size Sq Ft: 30056.4
  • Zoning: S-R Sub Res
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2011
Closed on
May 20, 2014
Sold by
Beard Alvia B
Bought by
Bullock Fay W
Seller's Agent
Mary Rives Brown
Berry-Elliott, REALTORS
List Price
$50,000
Sold Price
$50,000
Current Estimated Value
$201,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,500
Avg. Annual Appreciation
12.85%
Original Mortgage
$52,244
Outstanding Balance
$39,950
Interest Rate
4.42%
Estimated Equity
$161,550
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bullock Fay W $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bullock Fay W $52,244
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2014 06/17/14 Sold $50,000 0.0% $36 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
10/29/2011 10/29/11 For Sale $50,000 -- $36 / 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
2025 $24 $4,400 $4,400 $0
2024 $24 $4,400 $4,400 $0
2023 $24 $4,400 $4,400 $0
2022 $24 $4,400 $4,400 $0
2021 $24 $4,400 $4,400 $0
2020 $24 $4,400 $4,400 $0
2019 $24 $4,400 $4,400 $0
2018 $2,442 $4,400 $4,400 $0
2017 $2,442 $4,400 $4,400 $0
2016 $2,147 $4,400 $4,400 $0
2015 $2,147 $4,400 $4,400 $0
2014 $2,147 $4,400 $4,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Rives Brown

    Seller's Agent in 2014

    Mary Rives Brown

    Berry-Elliott, REALTORS

    (276) 340-2960

    61 Total Sales

    Mary Rives Brown
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Map

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

MLS Number: 123553

APN: 012090000

Virginia Henry County Martinsville 24112

318 Lafayette Ave, Martinsville, VA

Not Listed for Sale

Detached

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