Opportunity awaits with this unique property situated on approximately 1 acre featuring two dwellings in Henry County. The primary home offers 2 bedrooms, 1 bathroom, and approximately 712 square feet of living space, with a welcoming front porch and peaceful rural surroundings. The property also includes an additional structure that has already been gutted, providing a blank canvas ready for your vision. Ideal for creating an in-law suite, guest cottage, rental unit, studio, or private office space. The main home was previously rented for $1,200 per month, making this an excellent opportunity for investors, house hackers, or multi-generational living. With two structures and plenty of potential, this property offers flexibility and room to create additional value. Bring your ideas and unlock the possibilities this property has to offer. Property has been surveyed. Additional dwelling has its own address: 16805 A L Philpott Hwy.
Sold for $120,000
Zestimate®
$120,000
16783 A L Philpott Hwy, Martinsville, VA 24112
2beds
712sqft
Residential
Built in 1948
1 Acres Lot
$120,000 Zestimate®
$169/sqft
$946 Estimated rent
Home value
$120,000
Estimated sales range
Not available
$946/mo
Zestimate® history
Owner options
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$946/mo
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$946/mo
Rent Zestimate®
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$557/mo
Est. payment
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$557/mo
Est. payment
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List your homeWhat's special
Peaceful rural surroundingsWelcoming front porch
Zillow last checked:
Listing updated:
Listed by:
Priscilla Oropeza,
Divine Fog Realty Company
Bought with:
Felicia Hirshfeld, 0225267304
Sarver Properties
Source: MVMLS,MLS#: 149904
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: As Is, Dryer, Refrigerator, Oven, Electric Water Heater
- Laundry: Dryer H/U, Washer Hookup
Features
- 1st Floor Bedroom, Ceiling Fan(s)
- Flooring: Vinyl
- Basement: Crawl Space
- Attic: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 712
- Total interior livable area: 712 sqft
Property
Parking
- Parking features: No Garage, Gravel
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Handicap Accessible
Features
- Patio & porch: Deck, Porch
Lot
- Size: 1 Acres
- Features: Level
Details
- Parcel number: 061800001
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Year built: 1948
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Subdivision: Horsepasture
Location
- Region: Martinsville
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $50,800
- Annual tax amount: $282
- Date on market: 3/11/2026
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Sold | $120,000-14.2%$169/sqft |
Source: MVMLS #149904 Report a problem | ||
| 7/8/2026 | Pending sale | $139,900$196/sqft |
Source: MVMLS #149904 Report a problem | ||
| 4/24/2026 | Price change | $139,900-3.5%$196/sqft |
Source: MVMLS #149904 Report a problem | ||
| 4/23/2026 | Listed for sale | $144,900$204/sqft |
Source: MVMLS #149904 Report a problem | ||
| 4/14/2026 | Pending sale | $144,900$204/sqft |
Source: MVMLS #149904 Report a problem | ||
| 3/11/2026 | Listed for sale | $144,900+11.5%$204/sqft |
Source: MVMLS #149904 Report a problem | ||
| 9/19/2025 | Listing removed | $130,000$183/sqft |
Source: MVMLS #144469 Report a problem | ||
| 7/7/2025 | Price change | $130,000-7.1%$183/sqft |
Source: MVMLS #144469 Report a problem | ||
| 6/12/2025 | Price change | $140,000-5.4%$197/sqft |
Source: MVMLS #144469 Report a problem | ||
| 5/19/2025 | Price change | $148,000-0.7%$208/sqft |
Source: MVMLS #144469 Report a problem | ||
| 3/3/2025 | Price change | $149,000-6.8%$209/sqft |
Source: MVMLS #144469 Report a problem | ||
| 2/3/2025 | Listed for sale | $159,900-8.6%$225/sqft |
Source: MVMLS #144469 Report a problem | ||
| 6/4/2024 | Listing removed | -- |
Source: MVMLS Report a problem | ||
| 1/25/2024 | Price change | $175,000+105.9%$246/sqft |
Source: MVMLS #141091 Report a problem | ||
| 2/14/2023 | Listed for sale | $85,000+68.7%$119/sqft |
Source: MVMLS #138955 Report a problem | ||
| 1/19/2023 | Sold | $50,400$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $282 | $50,800 |
| 2024 | $282 +59.2% | $50,800 +59.2% |
| 2023 | $177 | $31,900 |
| 2022 | $177 | $31,900 |
| 2021 | $177 -2.4% | $31,900 -2.4% |
| 2020 | $181 | $32,700 |
| 2019 | -- | $32,700 |
| 2018 | $327 -98.2% | $32,700 |
| 2017 | $18,149 +11% | $32,700 -2.4% |
| 2016 | $16,348 | $33,500 |
| 2015 | $16,348 | $33,500 |
| 2014 | $16,348 +9900% | $33,500 |
| 2013 | $163 -3.4% | $33,500 |
| 2012 | $169 -99% | -- |
| 2011 | $16,928 | -- |
Find assessor info on the county website
Neighborhood: 24112
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Nearby schools
GreatSchools rating
- 5/10Carver Elementary SchoolGrades: PK-5Distance: 2.5 mi
- 3/10Laurel Park Middle SchoolGrades: 6-8Distance: 9.4 mi
- 3/10Magna Vista High SchoolGrades: 9-12Distance: 4.1 mi
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- Virginia
- Henry County
- Martinsville
- 24112
- 16783 A L Philpott Hwy
