NOT LISTED FOR SALE

704 Prospect Hill Dr Martinsville, VA 24112

Estimated Value: $137,000 - $221,000

3 Beds
2 Baths
1,426 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $165,000 $116 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,070/month

52 Days on Market

Highlights

  • Ranch Style House
  • Cooling Available
  • 1 Attached Carport Space
  • Front Porch
  • Tile Flooring
  • Dining Room

About This Home

As of June 2023

Welcome to 704 Prospect Hill Drive! This beautifully renovated brick home is located in the poplar Druid Hills subdivision and so convenient to all of Martinsville and surrounding areas amenities including Lake Lanier! New bright modern flooring throughout, fresh paint, new appliances, new led lighting, the primary has it own on-suite, and this home offers lots of closet storage, not to mention the huge storage building in the large level back yard that will be wonderful for entertaining!! The pictures speak for themselves, Don't let this gem get away!!

Last Agent to Sell the Property

Helen McKenzie

JACOBS REAL ESTATE Brokerage Phone: 4347934840 License #0225105768 Listed on: 04/23/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $953

Year Built

  • Built in 1953

Lot Details

  • 0.31 Acre Lot
  • Property is zoned R-N

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,426 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Oven

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer Hookup

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Driveway

Outdoor Features

  • Outbuilding
  • Front Porch

Schools

  • Patrick Henry Elementary School
  • Martinsville Middle School
  • Martinsville High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Community Details

  • Druid Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000408400

Home Details

Home Type

Single Family

Est. Annual Taxes

$953

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Road Surface Type: Paved
  • Subdivision Name: Druid Hills
  • Directions: US-58 BUS-4.5 mi-Turn left onto Brookdale St-1.0 mi-Turn right toward Spruce St-89 ft- Turn left onto Spruce St-0.2 mi Turn right onto Prospect Hill Dr Destination will be on the right
  • Above Grade Finished Sq Ft: 1426
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1953
  • Attribution Contact: 4347934840
  • Special Features: None

Interior Features

  • Appliances: Oven, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Laminate
  • Interior Amenities: Cable TV, 1st Floor Master Bedroom, Dining Room
  • Living Area: 1426

Exterior Features

  • Lot Features: Less than 1 acre
  • Home Warranty: No
  • Construction Type: Brick
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Front
  • 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, Hard Surface Drive
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Washer Hookup, 1st Floor Laundry
  • Cooling: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Patrick Henry
  • High School: Martinsville
  • Middle Or Junior School: Martinsville

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Additional Parcels Description: 7165
  • Parcel #: 000408400
  • Zoning: R-N
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 953

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2023
Closed on
Jun 14, 2023
Sold by
Og Capital Llc
Bought by
Donaldson Michael C and Moye-Donaldson Marva L
Seller's Agent
Helen McKenzie
JACOBS REAL ESTATE
List Price
$165,000
Sold Price
$165,000
Views
66
Current Estimated Value
$179,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,021
Avg. Annual Appreciation
2.94%
Original Mortgage
$5,775
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2022
Closed on
Jan 25, 2023
Sold by
Ngm Llc
Bought by
Og Capital Llc
Seller's Agent
Abby Manasco
GIBSON REALTY & ASSOCIATES, INC.
Buyer's Agent
Non Member Mls
NON MEMBER OFFICE
List Price
$110,000
Sold Price
$92,000
Premium/Discount to List
-$18,000
-16.36%
Views
189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
430.70%

Purchase Details

Closed on
Jun 11, 2020
Sold by
Wade Jesse H and Wade Gayle P
Bought by
Ngm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,630
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 10, 2015
Sold by
Nguyen Quang and Nguyen Hue
Bought by
Nguyen John Kiet
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
Donaldson Michael C $165,000 None Listed On Document
Donaldson Michael C $165,000 None Listed On Document
Og Capital Llc $92,000 Old Republic Title
Ngm Llc $230,000 Attorney
Nguyen John Kiet $15,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Donaldson Michael C $5,775
Open Donaldson Michael C $162,011
Closed Donaldson Michael C $162,011
Previous Owner Ngm Llc $207,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $165,000 0.0% $116 / Sq Ft
04/24/2023 04/24/23 For Sale $165,000 +79.3% $116 / Sq Ft
02/09/2023 02/09/23 Sold $92,000 -16.4% $65 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
09/19/2022 09/19/22 For Sale $110,000 -- $77 / 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
2024 $1,131 $114,200 $12,000 $102,200
2023 $1,131 $114,200 $12,000 $102,200
2022 $953 $91,700 $12,000 $79,700
2021 $953 $91,700 $12,000 $79,700
2020 $974 $91,700 $12,000 $79,700
2019 $974 $91,700 $12,000 $79,700
2018 $985 $91,100 $12,000 $79,100
2017 $968 $91,100 $12,000 $79,100
2016 $1,003 $94,400 $12,000 $82,400
2015 $1,003 $94,400 $12,000 $82,400
2014 $1,004 $94,500 $12,000 $82,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 66106

APN: 000408400