706 Pace St
Martinsville, VA 24112
2 bd 1 ba 734 sqft Built 1945 Lot 7,405 sqft single_family
Most recent sale
$57,500
Mar 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 29, 2022 | Sold | $57,500 | MLS #886957 |
| Mar 4, 2022 | Price changed | $69,900 | MLS #64411 |
| Feb 15, 2022 | Listed | $74,900 | MLS #64411 |
| Feb 14, 2022 | Listed | $74,900 | MLS #136719 |
| May 13, 2020 | Sold | $26,000 | Public Record |
| Dec 15, 2016 | Listing removed | $11,700 | Martinsville |
| Dec 14, 2016 | Price changed | $11,700 | MLS #130112 |
| Nov 9, 2016 | Price changed | $12,600 | MLS #130112 |
| Oct 11, 2016 | Price changed | $13,500 | MLS #130112 |
| Sep 9, 2016 | Listed | $14,400 | MLS #130112 |
| Mar 23, 2010 | Sold | $37,000 | Public Record |
| Mar 1, 2010 | Listing removed | $39,000 | Martinsville |
| Oct 9, 2009 | Listed | $39,000 | MLS #120691 |
| Oct 27, 1995 | Sold | $33,000 | Public Record |
| Oct 1, 1995 | Sold | $33,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $43,100 | $12,800 | $55,900 | $421 |
| 2023 | $41,200 | $4,000 | $45,200 | $447 |
| 2022 | $23,200 | $4,000 | $27,200 | $282 |
| 2021 | $23,200 | $4,000 | $27,200 | $282 |
| 2020 | $23,200 | $4,000 | $27,200 | $289 |
| 2019 | $23,200 | $4,000 | $27,200 | $289 |
| 2017 | $18,900 | $4,000 | $22,900 | $243 |
| 2016 | $19,800 | $4,000 | $23,800 | $253 |
| 2015 | $19,800 | $4,000 | $23,800 | $253 |
| 2014 | $21,900 | $4,000 | $25,900 | $275 |
Property facts
Year built
1945
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
734 sqft
Lot size
7,405 sqft
ZIP code
24112
City
Martinsville
Street
Pace St
Coordinates
36.67522, -79.86469
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$345
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 706 Pace St last sell?
706 Pace St most recently sold on Mar 29, 2022 for $57,500.
What is the current tax assessment for 706 Pace St?
The most recent total assessment for 706 Pace St (year 2025) is $55,900 with $421 in property tax.
How does 706 Pace St's assessment compare to its last sale price?
The current assessment is 2.8% below the last sale price of $57,500.
When was 706 Pace St built?
706 Pace St was built in 1945.
How does 706 Pace St compare to others on Pace St?
We track 6 other properties on Pace St. Browse the list under "Other properties on Pace St" to compare beds, baths, and sale history.
What are the property facts for 706 Pace St?
706 Pace St is a 2 bed, 1 bath, 734 sqft, 7,405 sqft lot single_family.
Is 706 Pace St a flip candidate?
Yes — 706 Pace St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 706 Pace St a tax-appeal candidate?
No — 706 Pace St 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
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