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1359 Old Well Rd

Spencer, VA 24165

4 bd 2 ba 2,424 sqft Built 1988 Lot 111,949 sqft single_family
Most recent sale
$255,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $255,000 MLS #891789
Aug 30, 2022 Price changed $269,900 MLS #891789
Aug 1, 2022 Listed $279,900 MLS #891789
Jul 25, 2022 Price changed $284,999 MLS #891005
Jul 18, 2022 Price changed $294,999 MLS #891005
Jul 2, 2022 Listed $299,999 MLS #891005
Mar 28, 2022 Listed $299,900 MLS #888050
Mar 2, 2010 Listing removed $119,000 Martinsville
Feb 23, 2010 Relisted $119,000 MLS #120582
Feb 19, 2010 Listing removed $119,000 Martinsville
Feb 9, 2010 Relisted $119,000 MLS #120582
Sep 16, 2009 Listing removed $151,500 Martinsville
Sep 10, 2009 Listed $151,500 MLS #120582

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $149,700 $12,800 $162,500 $901
2022 $149,700 $12,800 $162,500 $901
2021 $149,700 $12,800 $162,500 $902
2020 $150,500 $12,800 $163,300 $906
2019 $150,500 $12,800 $163,300 $906
2018 $150,500 $12,800 $163,300 $906
2017 $150,500 $12,800 $163,300 $906
2016 $154,100 $12,800 $166,900 $814
2015 $154,100 $12,800 $166,900 $814
2014 $154,100 $12,800 $166,900 $814

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,424 sqft
Lot size
111,949 sqft
ZIP code
24165
City
Spencer
Street
Old Well Rd
Coordinates
36.59880, -80.01497

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,530
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1359 Old Well Rd last sell?
1359 Old Well Rd most recently sold on Sep 22, 2022 for $255,000.
What is the current tax assessment for 1359 Old Well Rd?
The most recent total assessment for 1359 Old Well Rd (year 2025) is $162,500 with $901 in property tax.
How does 1359 Old Well Rd's assessment compare to its last sale price?
The current assessment is 36.3% below the last sale price of $255,000.
When was 1359 Old Well Rd built?
1359 Old Well Rd was built in 1988.
How does 1359 Old Well Rd compare to others on Old Well Rd?
We track 6 other properties on Old Well Rd. Browse the list under "Other properties on Old Well Rd" to compare beds, baths, and sale history.
What are the property facts for 1359 Old Well Rd?
1359 Old Well Rd is a 4 bed, 2 bath, 2,424 sqft, 111,949 sqft lot single_family.
Is 1359 Old Well Rd a flip candidate?
No — 1359 Old Well Rd does not appear in our flips dataset.
Is 1359 Old Well Rd a tax-appeal candidate?
No — 1359 Old Well Rd 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
+9.2%
Implied 1-yr
+36.8%
2024 Q3
$199.5K
2024 Q4
$212.5K
ZIP 24165 — Median Price History + Forecast

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