NOT LISTED FOR SALE

408 1st St Martinsville, VA 24112

Estimated Value: $80,000 - $108,000

3 Beds
2 Baths
2,094 Sq Ft
$44/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $179,900 $86 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $546/month

18 Days on Market

Highlights

  • Wood Flooring
  • Cul-De-Sac
  • Cooling Available
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Patio

About This Home

As of December 2023

Welcome to the lovely and meticulously updated 408 1st Street, Martinsville! This home offers refinished hardwood floors, granite countertops, completely renovated bathrooms and an almost fully finished basement. The double carport will lead you into the modern kitchen with walk-in pantry and brand new appliances. The open concept living room/dining space will make your guests feel warm and welcomed. In the lower level you will find a family room, large bedroom and full bath. Walk out from the basement to your perfectly flat and private backyard space. This home has ample storage throughout. Call today to schedule your showing! Lot size, square footage and dimensions estimated.

Last Agent to Sell the Property

Amy Guilliams

KW Martinsville Brokerage Phone: 2767887653 License #0225243027 Listed on: 11/17/2023

KW Martinsville

Last Buyer's Agent

Jewell Drewery

Rives S. Brown REALTOR License #0225255017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $524

Year Built

  • Built in 1951

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Composition Roof
  • Stone Exterior Construction

Interior Spaces

  • 2,094 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Martinsville Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$524

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Martinsville
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1951
  • Attribution Contact: 2767887653
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Microwave, Electric Range, Refrigerator, Exhaust Fan
  • Other Equipment: No Farm Equipment
  • Has Basement: Full, Partially Finished, Walk-Out Access, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None, Electric
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s)
  • Living Area: 2094

Exterior Features

  • Lot Features: Cul-De-Sac, Level
  • Waterfront Features: No Surface Water
  • Home Warranty: No
  • Construction Type: Stone
  • Patio And Porch Features: Patio
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Garage, Built-In, Paved Drive, Paved Asphalt Drive
  • Total Parking Spaces: 1

Utilities

  • Cooling: Heat Pump
  • 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: 21605.76
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Dec 14, 2023
Sold by
Freway Investment Group Llc
Bought by
Taylor Deja
Seller's Agent
Amy Guilliams
KW Martinsville
Buyer's Agent
Jewell Drewery
Rives S. Brown REALTOR
List Price
$169,900
Sold Price
$179,900
Premium/Discount to List
$10,000
5.89%
Views
27
Current Estimated Value
$92,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,585
Avg. Annual Appreciation
-32.31%
Original Mortgage
$176,641
Outstanding Balance
$174,134
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
-$81,819

Purchase Details

Closed on
Feb 3, 2023
Sold by
Lampkins-Hackney Ruth Evette
Bought by
Freway Investment Group Llc
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
Taylor Deja $179,900 Commonwealth Land Title
Freway Investment Group Llc $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Deja $176,641
Previous Owner Lampkins Hackney Ruth Evette $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Off Market $169,900 -- --
12/14/2023 12/14/23 Sold $179,900 +5.9% $86 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $169,900 -- $81 / 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 $524 $52,900 $3,000 $49,900
2023 $524 $52,900 $3,000 $49,900
2022 $348 $33,500 $3,000 $30,500
2021 $348 $33,500 $3,000 $30,500
2020 $356 $33,500 $3,000 $30,500
2019 $356 $33,500 $3,000 $30,500
2018 $8,706 $34,700 $3,000 $31,700
2017 $369 $34,700 $3,000 $31,700
2016 $6,908 $37,000 $6,000 $31,000
2015 $6,052 $37,000 $6,000 $31,000
2014 $4,471 $37,200 $6,000 $31,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 140960

APN: 000285200