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708 Pace St

Martinsville, VA 24112

2 bd 1 ba 672 sqft Built 1945 Lot 7,405 sqft single_family
Most recent sale
$40,550
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $40,550 MLS #888123
Mar 30, 2022 Listed $35,000 MLS #64628
Aug 12, 2015 Listing removed $27,500 Martinsville
Jan 7, 2015 Listing removed $27,500 Martinsville
Dec 11, 2014 Listing removed $27,500 Martinsville
Jun 18, 2014 Listed $27,500 MLS #127125
Jun 11, 2014 Listing removed $27,500 Martinsville
Jun 10, 2013 Listed $27,500 MLS #125711
Oct 27, 1997 Sold $37,000 Public Record
Jan 23, 1996 Sold $34,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $28,600 $12,900 $41,500 $312
2023 $29,900 $4,000 $33,900 $335
2022 $21,500 $4,000 $25,500 $265
2021 $21,500 $4,000 $25,500 $265
2020 $20,400 $4,000 $24,400 $259
2019 $20,400 $4,000 $24,400 $259
2017 $18,700 $4,000 $22,700 $241
2016 $19,500 $4,000 $23,500 $249
2015 $19,500 $4,000 $23,500 $249
2014 $22,000 $4,000 $26,000 $276

Property facts

Year built
1945
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
672 sqft
Lot size
7,405 sqft
ZIP code
24112
City
Martinsville
Street
Pace St
Coordinates
36.67516, -79.86454

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$243
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value

Frequently asked questions

When did 708 Pace St last sell?
708 Pace St most recently sold on Apr 29, 2022 for $40,550.
What is the current tax assessment for 708 Pace St?
The most recent total assessment for 708 Pace St (year 2025) is $41,500 with $312 in property tax.
How does 708 Pace St's assessment compare to its last sale price?
The current assessment is 2.3% above the last sale price of $40,550.
When was 708 Pace St built?
708 Pace St was built in 1945.
How does 708 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 708 Pace St?
708 Pace St is a 2 bed, 1 bath, 672 sqft, 7,405 sqft lot single_family.
Is 708 Pace St a flip candidate?
No — 708 Pace St does not appear in our flips dataset.
Is 708 Pace St a tax-appeal candidate?
No — 708 Pace St 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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