1111 Smith Lake Rd
Martinsville, VA 24112
3 bd 2 ba 1,184 sqft Built 1997 Lot 871 sqft townhomes
Most recent sale
$55,000
Aug 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 4, 2025 | Listed for rent | $1,400 | TurboTenant |
| Mar 3, 2025 | Listed for rent | $1,500 | TurboTenant |
| Oct 10, 2024 | Sold | $109,900 | Roanoke |
| Aug 20, 2024 | Price changed | $109,900 | DanRiver |
| Aug 6, 2024 | Price changed | $115,000 | Roanoke |
| Aug 6, 2024 | Listed | $115,000 | DanRiver |
| Jul 8, 2024 | Listed | $119,900 | Roanoke |
| Aug 2, 2022 | Sold | $55,000 | Public Record |
| Jul 1, 2022 | Listed | $69,900 | MLS #137235 |
| Sep 7, 2017 | Listing removed | $69,900 | Martinsville |
| Mar 24, 2017 | Listed | $69,900 | MLS #130754 |
| Oct 26, 2011 | Sold | $50,000 | Public Record |
| Mar 1, 2010 | Listing removed | $52,500 | Martinsville |
| Aug 31, 2009 | Listed | $52,500 | MLS #120546 |
| Apr 25, 2002 | Sold | $45,000 | Public Record |
| Jun 27, 1997 | Sold | $78,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $101,100 | $6,500 | $107,600 | $810 |
| 2023 | $48,000 | $2,000 | $50,000 | $495 |
| 2022 | $48,000 | $2,000 | $50,000 | $519 |
| 2021 | $48,000 | $2,000 | $50,000 | $319 |
| 2020 | $48,000 | $2,000 | $50,000 | $331 |
| 2019 | $48,000 | $2,000 | $50,000 | $531 |
| 2017 | $48,000 | $2,000 | $50,000 | $531 |
| 2016 | $48,000 | $2,000 | $50,000 | $531 |
| 2015 | $48,000 | $2,000 | $50,000 | $531 |
| 2014 | $48,000 | $2,000 | $50,000 | $531 |
Property facts
Year built
1997
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,184 sqft
Lot size
871 sqft
ZIP code
24112
City
Martinsville
Street
Smith Lake Rd
Coordinates
36.67210, -79.86574
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
$330
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1111 Smith Lake Rd last sell?
1111 Smith Lake Rd most recently sold on Aug 2, 2022 for $55,000.
What is the current tax assessment for 1111 Smith Lake Rd?
The most recent total assessment for 1111 Smith Lake Rd (year 2025) is $107,600 with $810 in property tax.
How does 1111 Smith Lake Rd's assessment compare to its last sale price?
The current assessment is 95.6% above the last sale price of $55,000.
When was 1111 Smith Lake Rd built?
1111 Smith Lake Rd was built in 1997.
How does 1111 Smith Lake Rd compare to others on Smith Lake Rd?
We track 8 other properties on Smith Lake Rd. Browse the list under "Other properties on Smith Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 1111 Smith Lake Rd?
1111 Smith Lake Rd is a 3 bed, 2 bath, 1,184 sqft, 871 sqft lot townhomes.
Is 1111 Smith Lake Rd a flip candidate?
No — 1111 Smith Lake Rd does not appear in our flips dataset.
Is 1111 Smith Lake Rd a tax-appeal candidate?
No — 1111 Smith Lake 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 Smith Lake Rd