NOT LISTED FOR SALE

8761 Chatham Rd Martinsville, VA 24112

Estimated Value: $329,000 - $508,000

3 Beds
3 Baths
3,008 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $26,000 $9 Per Sq Ft

Est. 1,497% increase in value since last sale

Current estimated payment $2,288/month

76 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Main Floor Bedroom
  • Spring on Lot
  • Wood Flooring
  • Porch

About This Home

As of August 2018

10 acres with a 1.5 story home. A Must See! Basement unfinished area could easily be finished with ceilings and carpet. (Does have heat & air) Poly steel walls in basement. Fireplace is also wood burning. New HP 2 yrs old. 440 volt electric system. 2 horse stalls. Joins Leatherwood Creek. Lot size and sq.ft. est.

Last Agent to Sell the Property

Ronnie Spencer

The Spencer Group R.E. & Auction Brokerage Phone: 2766385222 License #0225078004 Listed on: 06/08/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,141

Year Built

  • Built in 2000

Lot Details

  • 10 Acre Lot
  • Home fronts a stream
  • Hunting Land
  • Fenced
  • Level Lot
  • Property is in very good condition
  • Property is zoned A-1 Agr

Home Design

  • Permanent Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,008 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Blinds
  • Family Room Downstairs
  • Living Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Spring on Lot
  • Deck
  • Patio
  • Outbuilding
  • Porch

Schools

  • Axton Elementary School
  • Laurel Park Middle School
  • Magna Vista High School

Farming

  • Equipment Barn
  • Pasture

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • Martinsville Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,141

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 10
  • Subdivision Name: Martinsville
  • Directions: Chatham Rd. for 8 miles, property on left, turn onto gravel driveway
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 2000
  • RoomBedroomLevel: Second
  • RoomBathroomLevel: Second
  • Attribution Contact: 2766385222
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is, Microwave, Refrigerator, Washer, Dryer, Electric Range, Self Cleaning Oven, Dishwasher, Exhaust Fan
  • Other Equipment: Satellite Dish, No Farm Equipment
  • Has Basement: Other, Full, Partially Finished, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: 1, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Wood, Carpet, Ceramic Tile, Tile
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s), Walk-In Closet(s), Cathedral Ceiling(s)
  • Living Area: 3008
  • Window Features: Blinds, Window Treatments, Double Pane Windows
  • Living Room Living Room Level: First
  • Room Family Room Level: Basement

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Hunting, Pasture
  • Waterfront Features: Creek, Spring, Stream
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Permanent
  • Other Structures: Outbuilding, Barn(s), Stable(s), Equipment Shed
  • Patio And Porch Features: Deck, Porch, Patio
  • Property Condition: Very Good
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: None, Gravel Drive

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central-Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump, Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Utilities On
  • Water Source: Well

Schools

  • Elementary School: Axton
  • High School: Magna Vista
  • Middle Or Junior School: Laurel Park

Lot Info

  • Lot Size Sq Ft: 435600
  • Wooded Area: 261360
  • Zoning: A-1 Agr
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 13, 2018
Sold by
Robertson Timothy D
Bought by
Strum Jason L and Strum Pamela S
Seller's Agent
Ronnie Spencer
The Spencer Group R.E. & Auction
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$415,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,289
Avg. Annual Appreciation
6.66%
Original Mortgage
$208,000
Outstanding Balance
$180,640
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$234,649

Purchase Details

Closed on
Feb 5, 2008
Sold by
Robertson Timothy D and Robertson Sarah F
Bought by
Robertson Timothy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,400
Interest Rate
6.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Strum Jason L $260,000 Attorney
Robertson Timothy D $165,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strum Jason L $208,000
Previous Owner Robertson Timothy D $165,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2018 08/24/18 Sold $26,000 -90.0% $9 / Sq Ft View Prior Sale
08/24/2018 08/24/18 Sold $260,000 -6.8% $86 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
07/25/2018 07/25/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $279,000 +7.3% $93 / Sq Ft
06/08/2018 06/08/18 For Sale $260,000 -- $86 / 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
2025 $1,141 $210,300 $16,000 $194,300
2024 $1,141 $210,300 $16,000 $194,300
2023 $1,141 $210,300 $16,000 $194,300
2022 $1,141 $210,300 $16,000 $194,300
2021 $1,141 $210,300 $16,000 $194,300
2020 $1,129 $208,200 $14,500 $193,700
2019 $904 $167,600 $14,500 $153,100
2018 $904 $167,600 $14,500 $153,100
2017 $904 $167,600 $14,500 $153,100
2016 $728 $153,800 $14,500 $139,300
2015 $75,054 $153,800 $14,500 $139,300
2014 $75,054 $153,800 $14,500 $139,300
Source: Public Records

Agents Affiliated with this Home

  • Cathy Spencer

    Seller's Agent in 2018

    Cathy Spencer

    THE SPENCER GROUP RE AND AUCTION

    (276) 732-8772

    421 Total Sales

    Cathy Spencer
    Section Image
  • Ronnie Spencer

    Seller's Agent in 2018

    Ronnie Spencer

    The Spencer Group R.E. & Auction

    (276) 732-8772

    47 Total Sales

    Ronnie Spencer
    Section Image

  • N

    Buyer's Agent in 2018

    Non Member Mls

    NON MEMBER OFFICE

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Map

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

MLS Number: 132390

APN: 190000003

Virginia Henry County Martinsville 24112

8761 Chatham Rd, Martinsville, VA

Not Listed for Sale

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