1206 Lanier Rd
Martinsville, VA 24112
3 bd 3 ba 2,640 sqft Built 1977 Lot 32,234 sqft single_family
Most recent sale
$177,375
Mar 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 23, 2024 | Sold | $215,000 | Public Record |
| Sep 20, 2024 | Sold | $215,000 | Roanoke |
| Aug 31, 2024 | Listed | $215,000 | Roanoke |
| Jul 23, 2024 | Price changed | $215,000 | Martinsville |
| Apr 10, 2024 | Listed | $219,900 | Martinsville |
| Aug 29, 2022 | Sold | $75,000 | Public Record |
| Mar 1, 2022 | Sold | $177,375 | MLS #885922 |
| Feb 28, 2022 | Sold | $177,375 | Public Record |
| Dec 18, 2021 | Listed | $179,000 | MLS #64235 |
| Jul 18, 2019 | Sold | $99,900 | Public Record |
| May 8, 2019 | Listed | $109,900 | MLS #133510 |
| Mar 1, 2019 | Sold | $35,000 | Public Record |
| Jan 24, 2019 | Listed | $55,000 | MLS #133118 |
| Sep 1, 1989 | Sold | $80,600 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $168,300 | $30,800 | $199,100 | $1,499 |
| 2023 | $155,400 | $10,000 | $165,400 | $1,637 |
| 2022 | $104,900 | $10,000 | $114,900 | $1,194 |
| 2021 | $104,900 | $10,000 | $114,900 | $1,194 |
| 2020 | $105,100 | $10,000 | $115,100 | $1,222 |
| 2019 | $105,100 | $10,000 | $115,100 | $1,222 |
| 2017 | $106,200 | $10,000 | $116,200 | $1,234 |
| 2016 | $101,900 | $10,000 | $111,900 | $1,188 |
| 2015 | $101,900 | $10,000 | $111,900 | $1,188 |
| 2014 | $101,700 | $10,000 | $111,700 | $1,186 |
Property facts
Year built
1977
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,640 sqft
Lot size
32,234 sqft
ZIP code
24112
City
Martinsville
Street
Lanier Rd
Coordinates
36.66070, -79.85754
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,064
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1206 Lanier Rd last sell?
1206 Lanier Rd most recently sold on Mar 1, 2022 for $177,375.
What is the current tax assessment for 1206 Lanier Rd?
The most recent total assessment for 1206 Lanier Rd (year 2025) is $199,100 with $1,499 in property tax.
How does 1206 Lanier Rd's assessment compare to its last sale price?
The current assessment is 12.2% above the last sale price of $177,375.
When was 1206 Lanier Rd built?
1206 Lanier Rd was built in 1977.
How does 1206 Lanier Rd compare to others on Lanier Rd?
We track 8 other properties on Lanier Rd. Browse the list under "Other properties on Lanier Rd" to compare beds, baths, and sale history.
What are the property facts for 1206 Lanier Rd?
1206 Lanier Rd is a 3 bed, 3 bath, 2,640 sqft, 32,234 sqft lot single_family.
Is 1206 Lanier Rd a flip candidate?
Yes — 1206 Lanier Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1206 Lanier Rd a tax-appeal candidate?
No — 1206 Lanier Rd 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
Other properties on Lanier Rd