NOT LISTED FOR SALE

526 Fayette St Martinsville, VA 24112

Estimated Value: $44,000 - $93,000

3 Beds
1 Bath
975 Sq Ft
$76/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $60,000 $62 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $426/month

108 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Forced Air Heating System
  • Cottage

About This Home

As of December 2023

Are you looking for a small home in the heart of the city near New College Institute and Uptown Martinsville? This may be the home for you. Schedule your appointment today to see this 2 bedroom 1 bathroom home with full basement and covered front porch. Sq. ft./lot size est. Information taken from tax assessment and/or seller.

Last Agent to Sell the Property

Cathy Spencer

THE SPENCER GROUP REAL ESTATE & AUCTION INC License #0225019646 Listed on: 08/02/2023

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $454

Year Built

  • Built in 1953

Lot Details

  • 0.47 Acre Lot
  • Property is zoned R-C

Home Design

  • Cottage

Interior Spaces

  • 975 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Electric Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 54

Home Details

Home Type

Single Family

Est. Annual Taxes

$454

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: No Cooling System
  • Outside Features: Covered Porch
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 975.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 975
  • Major Area: 13 - City of Martinsville
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2023-11-18
  • Residential Type: Detached
  • Style Of House: Cottage
  • Total Above Grd Fin S Q F T: 975
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 975.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Lot Description: Varied
  • Lot Dimensions: .47
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.47
  • Lot: 54
  • ZoningCode: R-C

Building Info

  • Year Built: 1953

Tax Info

  • Taxes (6 mo): 454.37
  • FILLTAXID: 31(01)00/54

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Dec 12, 2023
Sold by
Foster Henry E
Bought by
Ridgway David
Seller's Agent
Cathy Spencer
THE SPENCER GROUP REAL ESTATE & AUCTION INC
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%
Views
476
Current Estimated Value
$73,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,742
Avg. Annual Appreciation
9.84%
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
Ridgway David $60,000 Commonwealth Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $60,000 -14.3% $62 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $70,000 0.0% $72 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $70,000 -- $72 / Sq Ft
Source: Roanoke Valley 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 $433 $43,700 $7,000 $36,700
2023 $433 $43,700 $7,000 $36,700
2022 $347 $33,400 $7,000 $26,400
2021 $347 $33,400 $7,000 $26,400
2020 $355 $33,400 $7,000 $26,400
2019 $355 $33,400 $7,000 $26,400
2018 $346 $31,800 $7,000 $24,800
2017 $338 $31,800 $7,000 $24,800
2016 $355 $33,400 $7,000 $26,400
2015 $355 $33,400 $7,000 $26,400
2014 $355 $33,400 $7,000 $26,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 900378

Roanoke Valley Association of REALTORS®

APN: 000731600