NOT LISTED FOR SALE

401 2nd St Martinsville, VA 24112

Estimated Value: $89,000 - $115,000

3 Beds
1.5 Baths
1,449 Sq Ft
$73/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $85,000 $59 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $631/month

100 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Living Room
  • 1 Fireplace
  • Cooling Available
  • Bathroom on Main Level

About This Home

As of August 2021

Must call 276-340-2960 for appt to show; recently updated kitchen, some bathroom updating (please look at photos!); refinished hardwood floors; newly painted interior; high ceilings and large rooms. Excellent price for what this house has to offer, including a great front porch! The basement gets water sometimes during heavy rains.

Last Agent to Sell the Property

Mary Rives Brown

Berry-Elliott, REALTORS Brokerage Phone: 2766561111 License #0225040974 Listed on: 04/24/2021

Last Buyer's Agent

Tinsley Brazauskas

Berry-Elliott, REALTORS License #225239291

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $698

Year Built

  • Built in 1947

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 50 x 75
  • Property is in good condition
  • Property is zoned R-C

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Lead Paint Disclosure

Interior Spaces

  • 1,449 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Porch

Schools

  • Albert Harris Elementary School
  • Martinsville City Middle School
  • Martinsville High School

Utilities

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

Community Details

  • Martinsville Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$698

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 50 x 75
  • Subdivision Name: Martinsville
  • Directions: From 220 US Bus, turn on to Fayette St, head towards Koehler, take a left on Second Street and the house will be on the left
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1947
  • Kitchen Level: First
  • RoomBedroomLevel: Second
  • RoomBathroomLevel: Second
  • Attribution Contact: 2766561111
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is, Electric Range, Dishwasher
  • Other Equipment: No Farm Equipment
  • Has Basement: Partial, Walk-Out Access, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1449
  • Living Room Living Room Level: First
  • Bathroom 1 Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Waterfront Features: No Surface Water
  • Disclosures: Lead Paint
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Porch
  • Property Condition: Good
  • 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
  • Cooling Y N: Yes
  • Heating: Baseboard, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Utilities On
  • Water Source: Public

Schools

  • Elementary School: Albert Harris
  • High School: Martinsville
  • Middle Or Junior School: Martinsville City

Lot Info

  • Lot Size Sq Ft: 3750
  • Zoning: R-C
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Aug 6, 2021
Sold by
Garcia Jose A Leon
Bought by
Philpott Gregory S
Seller's Agent
Mary Rives Brown
Berry-Elliott, REALTORS
Buyer's Agent
Tinsley Brazauskas
Berry-Elliott, REALTORS
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$105,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,203
Avg. Annual Appreciation
6.31%
Original Mortgage
$72,250
Outstanding Balance
$65,935
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$43,032

Purchase Details

Listed on
Nov 27, 2017
Closed on
Aug 29, 2018
Sold by
Hairston Charlotte L
Bought by
Garcia Jose A Leon
Seller's Agent
Terry Mason
Rives S. Brown REALTOR
Buyer's Agent
Terry Mason
Rives S. Brown REALTOR
List Price
$53,000
Sold Price
$53,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.43%
Original Mortgage
$50,350
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2006
Sold by
Equicredit Corp Of America
Bought by
Hairston Charlotte L

Purchase Details

Closed on
Jun 22, 2006
Sold by
Wittstadt Titl Escrow Co Llc
Bought by
Equicredut Corp Of America
Source: Public Records

Range of Values:

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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
Philpott Gregory S $85,000 None Listed On Document
Garcia Jose A Leon $53,000 Attorney
Hairston Charlotte L $26,000 --
Equicredut Corp Of America $63,611 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philpott Gregory S $72,250
Previous Owner Garcia Jose A Leon $50,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $85,000 0.0% $59 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $85,000 +60.4% $59 / Sq Ft
08/29/2018 08/29/18 Sold $53,000 0.0% $37 / Sq Ft
07/22/2018 07/22/18 Pending -- -- --
11/27/2017 11/27/17 For Sale $53,000 -- $37 / 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 $698 $70,500 $3,000 $67,500
2023 $698 $70,500 $3,000 $67,500
2022 $531 $51,100 $3,000 $48,100
2021 $531 $51,100 $3,000 $48,100
2020 $543 $51,100 $3,000 $48,100
2019 $543 $51,100 $3,000 $48,100
2018 $496 $45,200 $3,000 $42,200
2017 $480 $45,200 $3,000 $42,200
2016 $512 $48,200 $6,000 $42,200
2015 $512 $48,200 $6,000 $42,200
2014 $516 $48,600 $6,000 $42,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 135741

APN: 000102200