315 Governors Ln
Martinsville, VA 24112
3 bd 2 ba 1,722 sqft Built 2007 Lot 25,352 sqft single_family
Most recent sale
$269,000
Jun 11, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 26, 2024 | Listed | $359,900 | Martinsville |
| Jun 13, 2021 | Listing removed | — | Martinsville |
| Jun 11, 2021 | Sold | $269,000 | Public Record |
| Apr 23, 2021 | Listed | $299,900 | Martinsville |
| Sep 6, 2010 | Listing removed | $199,000 | Martinsville |
| Jun 7, 2010 | Price changed | $199,000 | Martinsville |
| Feb 13, 2010 | Price changed | $215,000 | Martinsville |
| Apr 4, 2009 | Relisted | $225,000 | Martinsville |
| Feb 21, 2009 | Listing removed | $225,000 | Martinsville |
| Feb 15, 2008 | Listed | $225,000 | Martinsville |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $157,700 | $30,000 | $187,700 | $1,041 |
| 2022 | $157,700 | $30,000 | $187,700 | $1,041 |
| 2021 | $157,700 | $30,000 | $187,700 | $1,041 |
| 2020 | $155,200 | $30,000 | $185,200 | $1,027 |
| 2019 | $155,200 | $30,000 | $185,200 | $1,027 |
| 2018 | $155,200 | $30,000 | $185,200 | $1,027 |
| 2017 | $155,200 | $30,000 | $185,200 | $1,027 |
| 2016 | $158,500 | $30,000 | $188,500 | $919 |
| 2015 | $158,500 | $30,000 | $188,500 | $919 |
| 2014 | $158,500 | $30,000 | $188,500 | $919 |
Property facts
Year built
2007
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,722 sqft
Lot size
25,352 sqft
ZIP code
24112
City
Martinsville
Street
Governors Ln
Coordinates
36.67286, -79.77464
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,583
Gross rental yield
11.52%
Implied cap rate
7.49%
Trend-extrapolated value
—
Frequently asked questions
When did 315 Governors Ln last sell?
315 Governors Ln most recently sold on Jun 11, 2021 for $269,000.
What is the current tax assessment for 315 Governors Ln?
The most recent total assessment for 315 Governors Ln (year 2025) is $187,700 with $1,041 in property tax.
How does 315 Governors Ln's assessment compare to its last sale price?
The current assessment is 30.2% below the last sale price of $269,000.
When was 315 Governors Ln built?
315 Governors Ln was built in 2007.
How does 315 Governors Ln compare to others on Governors Ln?
We do not currently track other properties on Governors Ln.
What are the property facts for 315 Governors Ln?
315 Governors Ln is a 3 bed, 2 bath, 1,722 sqft, 25,352 sqft lot single_family.
Is 315 Governors Ln a flip candidate?
No — 315 Governors Ln does not appear in our flips dataset.
Is 315 Governors Ln a tax-appeal candidate?
No — 315 Governors Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.7%
Implied 1-yr
+18.6%
2026 Q2
$257K
2026 Q3
$266.2K
ZIP 24112 — Median Price History + Forecast
Explore nearby
Geography