NOT LISTED FOR SALE

401 Forest St Martinsville, VA 24112

Estimated Value: $75,000 - $164,000

4 Beds
2 Baths
1,876 Sq Ft
$69/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $50,000 $27 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $764/month

Highlights

  • Wood Flooring
  • Porch
  • Forced Air Heating System
  • Fireplace
  • Window Unit Cooling System
  • Ceiling Fan

About This Home

As of January 2023

Cute two story home located on corner of Princeton and Forest Street. Hardwood floors through most of home, large living and family room found on first floor. Bedrooms on second floor have generous size and closets. Home is in fix up condition

Last Agent to Sell the Property

Rives Coleman

Rives S. Brown REALTOR Brokerage Phone: 2766323463 License #0225041050 Listed on: 10/21/2022

Last Buyer's Agent

Rives Coleman

Rives S. Brown REALTOR Brokerage Phone: 2766323463 License #0225041050 Listed on: 10/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $736

Year Built

  • Built in 1920

Lot Details

  • 10,629 Sq Ft Lot
  • Level Lot

Home Design

  • Metal Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,876 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Rods
  • Walk-Out Basement
  • Gas Range

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Martinsville Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$736

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Martinsville
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1920
  • Attribution Contact: 2766323463
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dryer, Gas Range, Washer, Refrigerator
  • Other Equipment: No Farm Equipment
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Other, Gas
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1876
  • Window Features: Blinds, Rods/Hardware, Window Treatments

Exterior Features

  • Lot Features: Level
  • Waterfront Features: No Surface Water
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Wood Siding
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Window Unit(s), Window Unit Air Conditioner
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Utilities On
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 10628.64
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Jan 10, 2023
Sold by
Monday Eric H
Bought by
King Robert A and Francisco-King Shanna K
Seller's Agent
Rives Coleman
Rives S. Brown REALTOR
Buyer's Agent
Rives Coleman
Rives S. Brown REALTOR
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Current Estimated Value
$129,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,008
Avg. Annual Appreciation
34.29%
Original Mortgage
$40,000
Outstanding Balance
$38,950
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$68,995

Purchase Details

Closed on
Sep 9, 2022
Sold by
Monday J Grady
Bought by
Monday Eric H
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
King Robert A $50,000 --
Monday Eric H $85,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Robert A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Off Market $55,000 -- --
01/12/2023 01/12/23 Sold $50,000 -9.1% $27 / Sq Ft
10/21/2022 10/21/22 For Sale $55,000 -- $29 / 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 $736 $74,300 $8,000 $66,300
2023 $736 $74,300 $8,000 $66,300
2022 $572 $55,000 $8,000 $47,000
2021 $572 $55,000 $8,000 $47,000
2020 $584 $55,000 $8,000 $47,000
2019 $584 $55,000 $8,000 $47,000
2018 $515 $47,000 $8,000 $39,000
2017 $499 $47,000 $8,000 $39,000
2016 $531 $50,000 $8,000 $42,000
2015 $838 $50,000 $8,000 $42,000
2014 $531 $50,000 $8,000 $42,000
Source: Public Records

Agents Affiliated with this Home

  • Rives Coleman

    Seller's Agent in 2023

    Rives Coleman

    Rives S. Brown REALTOR

    (276) 732-2859

    140 Total Sales

    Rives Coleman
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Map

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

MLS Number: 138620

APN: 000328300

Virginia Martinsville County Martinsville 24112

401 Forest St, Martinsville, VA

This home is located at 401 Forest St, Martinsville, VA 24112 since 21 October 2022 and is currently estimated at $129,008, approximately $68 per square foot. This property was built in 1920. 401 Forest St is a home located in Martinsville City with nearby schools including Albert Harris Elementary School, Martinsville Middle School, and Martinsville High School.

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