NOT LISTED FOR SALE

807 Royal Dr Martinsville, VA 24112

Estimated Value: $91,000 - $124,000

-- Bed
2 Baths
1,536 Sq Ft
$67/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $69,000 $45 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $596/month

57 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Carpet
  • Porch
  • Ceiling Fan
  • Heat Pump System

About This Home

As of April 2022

INVESTORS, take a look! 2 Bedroom/1 Bath duplex located in Martinsville with long term tenants, gravel parking lot, new back deck for each unit, creek located in backyard. Call for an appointment to see inside! All information taken from the tax ticket and per seller. Being sold "AS IS"

Last Agent to Sell the Property

Sarah Baker

Cockram Realty, LLC Brokerage Phone: 2766291363 License #0225218090 Listed on: 02/02/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $396

Year Built

  • Built in 1991

Lot Details

  • 0.68 Acre Lot
  • Property is in good condition

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 1,536 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Parking

  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Martinsville Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$396

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 0.680
  • Subdivision Name: Martinsville
  • Directions: From Kings Mtn Rd, Left on Clearview, Left on Royal
  • Building Stories: 1
  • Year Built: 1991
  • Attribution Contact: 2766291363
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1536

Exterior Features

  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch, Deck
  • Property Condition: Good
  • Roof: Composition

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel Drive

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: 29620.8
  • Zoning: R-N
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Apr 4, 2022
Sold by
Brittle Rentals Llc
Bought by
Legacy Rei Llc
Seller's Agent
Sarah Baker
Cockram Realty, LLC
List Price
$69,000
Sold Price
$69,000
Current Estimated Value
$103,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,437
Avg. Annual Appreciation
12.65%
Original Mortgage
$58,650
Outstanding Balance
$55,503
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$47,934

Purchase Details

Listed on
Jul 1, 2020
Closed on
Jul 14, 2020
Sold by
Shupe Karen L
Bought by
Brittle Rentals Llc
Buyer's Agent
Sarah Baker
Cockram Realty, LLC
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.59%
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
Legacy Rei Llc $69,000 Hance John P
Brittle Rentals Llc $50,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legacy Rei Llc $58,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $69,000 0.0% $45 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $69,000 +38.0% $45 / Sq Ft
07/17/2020 07/17/20 Sold $50,000 0.0% $33 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $50,000 -- $33 / 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 $396 $40,000 $6,000 $34,000
2023 $396 $40,000 $6,000 $34,000
2022 $416 $40,000 $6,000 $34,000
2021 $416 $40,000 $6,000 $34,000
2020 $425 $40,000 $6,000 $34,000
2019 $425 $40,000 $6,000 $34,000
2018 $2,733 $40,000 $6,000 $34,000
2017 $425 $40,000 $6,000 $34,000
2016 $2,737 $40,000 $6,000 $34,000
2015 $2,089 $40,000 $6,000 $34,000
2014 $825 $50,000 $6,000 $44,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sarah Baker

    Cockram Realty, LLC

    (276) 340-7811

    163 Total Sales

    Sarah Baker
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Map

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

MLS Number: 136688

APN: 000288800

Virginia Martinsville County Martinsville 24112

807 Royal Dr, Martinsville, VA

This home is located at 807 Royal Dr, Martinsville, VA 24112 since 02 February 2022 and is currently estimated at $103,437, approximately $67 per square foot. This property was built in 1991. 807 Royal Dr 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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