NOT LISTED FOR SALE

409 5th St Martinsville, VA 24112

Estimated Value: $109,000 - $121,000

3 Beds
1 Bath
1,080 Sq Ft
$108/Sq Ft Est. Value

Last Sold May 02, 2019

Last sale price $50,000 $46 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $670/month

166 Days on Market

Highlights

  • Ranch Style House
  • Fireplace
  • Cooling Available
  • Wood Flooring
  • Storm Windows
  • 1 Attached Carport Space

About This Home

As of May 2019

Neat brick ranch with carport and paved drive. Eat in kitchen . Hardwood floors throughout except bath. Kitchen has wood laminate. Heat pump with oil backup. Full basement (waterproof on 3 sides). With extreme rain one side can get small amount of water. Has sump pump. Sq, ft, lot size est. Information from tax assessment and/or seller.

Last Agent to Sell the Property

Cathy Spencer

THE SPENCER GROUP RE AND AUCTION Listed on: 11/16/2018

Last Buyer's Agent

Non Member Mls

NON MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $510

Year Built

  • Built in 1958

Lot Details

  • 10,803 Sq Ft Lot
  • Property is zoned R-C

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Windows
  • Electric Range
  • Washer Hookup

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Outdoor Features

  • Stoop

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System

Home Details

Home Type

Single Family

Est. Annual Taxes

$510

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.248
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Directions: From Fayette St., turn onto Roundabout, then left on A Street, then right on Fifth
  • Above Grade Finished Sq Ft: 1080
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Closed
  • Fireplace: Yes
  • Flooring: Wood, Laminate, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s)
  • Living Area: 1080
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Less than 1 acre
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding, Vinyl Siding
  • Patio And Porch Features: Stoop
  • Property Condition: 41 to 75 Years Old
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport-Single Attached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Oil, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 10802.88
  • Zoning: R-C
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 509.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2018
Closed on
May 2, 2019
Sold by
Hobson Henry Patricia P
Bought by
Young Samuel
Seller's Agent
Cathy Spencer
THE SPENCER GROUP RE AND AUCTION
Buyer's Agent
Non Member Mls
NON MEMBER OFFICE
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Current Estimated Value
$116,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,799
Avg. Annual Appreciation
13.94%
Original Mortgage
$40,000
Outstanding Balance
$35,096
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$81,703
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
Young Samuel $50,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Samuel $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2019 05/02/19 Sold $50,000 -16.5% $46 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
11/16/2018 11/16/18 For Sale $59,900 -- $55 / Sq Ft
Source: Dan River Region 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 $673 $111,600 $19,500 $92,100
2024 $673 $68,000 $6,000 $62,000
2023 $673 $68,000 $6,000 $62,000
2022 $518 $49,800 $6,000 $43,800
2021 $518 $49,800 $6,000 $43,800
2020 $529 $49,800 $6,000 $43,800
2019 $529 $49,800 $6,000 $43,800
2018 $524 $48,000 $6,000 $42,000
2017 $510 $48,000 $6,000 $42,000
2016 $538 $50,700 $6,000 $44,700
2015 $538 $50,700 $6,000 $44,700
2014 $538 $50,700 $6,000 $44,700
Source: Public Records

Agents Affiliated with this Home

  • Cathy Spencer

    Seller's Agent in 2019

    Cathy Spencer

    THE SPENCER GROUP RE AND AUCTION

    (276) 732-8772

    424 Total Sales

    Cathy Spencer
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member Mls

    NON MEMBER OFFICE

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 58826

APN: 000621600

Virginia Martinsville County Martinsville 24112

409 5th St, Martinsville, VA

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