928 Banks Rd Martinsville, VA 24112
Estimated Value: $105,000 - $113,000
--
Bed
4
Baths
1,852
Sq Ft
$59/Sq Ft
Est. Value
Highlights
- Cooling Available
- Heat Pump System
- 1-Story Property
- Carpet
About This Home
As of May 2014Well maintained investment located within the city Limits of Martinsville. Great Price!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $495
Year Built
- Built in 1987
Lot Details
- Property is in good condition
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 4 Bathrooms
- 1,852 Sq Ft Home
- 1-Story Property
Flooring
- Carpet
- Vinyl
Basement
- Block Basement Construction
- Crawl Space
Parking
- Driveway
- Open Parking
Utilities
- Cooling Available
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
- Martinsville Subdivision
Listing and Financial Details
- Total Actual Rent $9,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 23, 2021
Sold by
Little Rush and Little Margaret
Bought by
Raintree Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,762
Outstanding Balance
$156,918
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$37,858
Purchase Details
Listed on
Aug 7, 2013
Closed on
May 1, 2014
Sold by
Williams Ebb H
Bought by
Little Rush
List Price
$45,000
Sold Price
$45,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Raintree Properties Llc | $170,762 | Attorney | |
| Little Rush | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Raintree Properties Llc | $170,762 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2014 05/02/14 | Sold | $45,000 | 0.0% | $24 / Sq Ft |
| 04/19/2014 04/19/14 | Pending | -- | -- | -- |
| 08/07/2013 08/07/13 | For Sale | $45,000 | -- | $24 / Sq Ft |
Source: Martinsville, Henry & Patrick Counties Association of REALTORS®
Tax History Compared to Growth
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 | $495 | $50,000 | $10,000 | $40,000 |
| 2023 | $495 | $50,000 | $10,000 | $40,000 |
| 2022 | $520 | $50,000 | $10,000 | $40,000 |
| 2021 | $520 | $50,000 | $10,000 | $40,000 |
| 2020 | $531 | $50,000 | $10,000 | $40,000 |
| 2019 | $531 | $50,000 | $10,000 | $40,000 |
| 2018 | $531 | $50,000 | $10,000 | $40,000 |
| 2017 | $531 | $50,000 | $10,000 | $40,000 |
| 2016 | $531 | $50,000 | $10,000 | $40,000 |
| 2015 | $531 | $50,000 | $10,000 | $40,000 |
| 2014 | $319 | $60,000 | $10,000 | $50,000 |
Source: Public Records
Map
Source: Martinsville, Henry & Patrick Counties Association of REALTORS®
MLS Number: 125943
APN: 000956300
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