NOT LISTED FOR SALE

901 Forest Lake Dr Martinsville, VA 24112

Estimated Value: $156,000 - $212,000

5 Beds
1 Bath
1,660 Sq Ft
$111/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $145,720 $88 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,088/month

122 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2022

Tastefully remodeled from the entry to the full basement, new plumbing, new windows, all new kitchen & bathroom, new flooring tile, refinished hardwoods, new paint & more. This home is a must see. Seller will contribute up to $4,000 towards appliances with acceptable offer.

Last Agent to Sell the Property

Thurston Ford, I I

REALSTAR, REALTORS(r) LLC License #0225077174 Listed on: 05/13/2022

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $353

Year Built

  • Built in 1992

Lot Details

  • 0.3

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

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

Additional Features

  • 0.3 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 72

Home Details

Home Type

Single Family

Est. Annual Taxes

$353

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Heating System: Forced Air Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 960.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1920
  • LowerBelowGrdFin Sq Ft: 700.00
  • Major Area: 13 - City of Martinsville
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2022-09-12
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 960
  • TotalBdrm: 5
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1660.00
  • TotalUnfin Sq Ft: 260.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 260.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.30
  • Lot: 72

Building Info

  • Year Built: 1992

Tax Info

  • Taxes (6 mo): 353.00
  • FILLTAXID: 000906900

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
May 13, 2022
Closed on
Oct 27, 2022
Sold by
Stellar Noble Llc
Bought by
Moore Savanna M
Seller's Agent
Thurston Ford, I I
REALSTAR, REALTORS(r) LLC
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$149,000
Sold Price
$145,720
Premium/Discount to List
-$3,280
-2.2%
Current Estimated Value
$184,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,379
Avg. Annual Appreciation
7.37%
Original Mortgage
$143,079
Outstanding Balance
$138,748
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$38,695

Purchase Details

Closed on
Sep 14, 2020
Sold by
Walker Erma G and Gilbert William L
Bought by
Stellar Noble Llc

Purchase Details

Closed on
May 27, 2015
Sold by
Brim Lisa G
Bought by
Walker Erma G and Gilbert William L
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
Moore Savanna M $145,720 Commonwealth Land Title
Stellar Noble Llc $20,000 American Title & Settlement
Walker Erma G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Savanna M $143,079
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold $145,720 -2.2% $88 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $149,000 -- $90 / 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 $965 $97,500 $8,000 $89,500
2023 $965 $97,500 $8,000 $89,500
2022 $666 $64,100 $8,000 $56,100
2021 $666 $64,100 $8,000 $56,100
2020 $681 $64,100 $8,000 $56,100
2019 $681 $64,100 $8,000 $56,100
2018 $677 $62,700 $8,000 $54,700
2017 $666 $62,700 $8,000 $54,700
2016 $687 $64,700 $8,000 $56,700
2015 $687 $64,700 $8,000 $56,700
2014 -- $64,700 $8,000 $56,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Thurston Ford, I I

    REALSTAR, REALTORS(r) LLC

    (540) 776-0606

    37 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Non Member Transaction Agent

    Non-Member Transaction Office

See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 889464

Roanoke Valley Association of REALTORS®

APN: 000906900

Virginia Martinsville County Martinsville 24112

901 Forest Lake Dr, Martinsville, VA

This home is located at 901 Forest Lake Dr, Martinsville, VA 24112 since 13 May 2022 and is currently estimated at $184,099, approximately $110 per square foot. This property was built in 1992. 901 Forest Lake Dr is a home located in Martinsville City with nearby schools including Albert Harris Elementary School, Martinsville Middle School, and Martinsville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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