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881 Joseph Martin Hwy

Martinsville, VA 24112

3 bd 2 ba 1,305 sqft Built 1950 Lot 43,560 sqft single_family
Most recent sale
$135,000
Dec 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 10, 2021 Sold $135,000 MLS #880892
Sep 4, 2021 Price changed $139,900 MLS #63386
Jun 14, 2021 Listed $155,000 MLS #63386

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $71,800 $10,000 $81,800 $453
2022 $71,800 $10,000 $81,800 $453
2021 $71,800 $10,000 $81,800 $454
2020 $68,600 $10,000 $78,600 $436
2019 $68,600 $10,000 $78,600 $436
2018 $68,600 $10,000 $78,600 $436
2017 $68,600 $10,000 $78,600 $436
2016 $70,700 $10,000 $80,700 $394
2015 $70,700 $10,000 $80,700 $394
2014 $70,700 $10,000 $80,700 $394

Property facts

Year built
1950
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,305 sqft
Lot size
43,560 sqft
ZIP code
24112
City
Martinsville
Street
Joseph Martin Hwy
Coordinates
36.63913, -79.87670

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 881 Joseph Martin Hwy last sell?
881 Joseph Martin Hwy most recently sold on Dec 10, 2021 for $135,000.
What is the current tax assessment for 881 Joseph Martin Hwy?
The most recent total assessment for 881 Joseph Martin Hwy (year 2025) is $81,800 with $453 in property tax.
How does 881 Joseph Martin Hwy's assessment compare to its last sale price?
The current assessment is 39.4% below the last sale price of $135,000.
When was 881 Joseph Martin Hwy built?
881 Joseph Martin Hwy was built in 1950.
How does 881 Joseph Martin Hwy compare to others on Joseph Martin Hwy?
We track 8 other properties on Joseph Martin Hwy. Browse the list under "Other properties on Joseph Martin Hwy" to compare beds, baths, and sale history.
What are the property facts for 881 Joseph Martin Hwy?
881 Joseph Martin Hwy is a 3 bed, 2 bath, 1,305 sqft, 43,560 sqft lot single_family.
Is 881 Joseph Martin Hwy a flip candidate?
No — 881 Joseph Martin Hwy does not appear in our flips dataset.
Is 881 Joseph Martin Hwy a tax-appeal candidate?
No — 881 Joseph Martin Hwy is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.7%
Implied 1-yr
+18.6%
2026 Q2
$257K
2026 Q3
$266.2K
ZIP 24112 — Median Price History + Forecast

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