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Sold for $161,000
  • $161,000

    50 Old Preston Rd, Martinsville, VA 24112

    3beds
    1,008sqft
    Residential
    Built in 1950
    6.1 Acres Lot
    $-- Zestimate®
    $160/sqft
    $1,259 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,259/mo

    Zestimate® history
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    What's special

    UNDER CONTRACT! Nestled on approx. 6 peaceful acres, this charming 1950-built home offers a wonderful opportunity to own a true family homestead filled with years of memories. The covered front porch is a great place to sit with some sweet iced tea & enjoy the evening's breeze. With 1,008 sq. ft. of living space, the home features 3 bedrooms, 1 bath, a living room, den, & a spacious kitchen with abundant countertop space & cabinetry—ideal for everyday living & gathering. While the interior reflects its original era & is ready for your personal updates, the home provides a start with practical features, including a dirt cellar that houses the water heater, heating system, well pressure tank, & breaker box. A new septic system installed in 2024 adds peace of mind for years to come. The exterior is low-maintenance with vinyl siding and a durable metal roof, and the expansive yard offers plenty of room to enjoy gardening, or recreation. Several outbuildings on the property provide excellent storage or workshop space. Conveniently located near Blue Ridge Regional Airport and Spencer-Penn Centre, this property combines rural tranquility with accessibility to local amenities. Whether you're looking to restore a beloved home place or create something new, this property offers space, potential, & a setting that's hard to find. Property info per owner &/or assessor. Buyer to verify to their satisfaction. Property SOLD AS IS, seller will not make repairs. Some photos virtually staged.

    Zillow last checked:

    Listing updated:

    Listed by:

    Angie Ancheta,

    Piedmont Realty

    Bought with:

    Lindsey Wilson Puckett, 0225196695

    Four Rivers Realty, LLC

    Source: MVMLS,MLS#: 150027

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Heat Pump
    Cooling
    • Electric
    Appliances
    • Included: As Is, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
    Features
    • Ceiling Fan(s)
    • Flooring: Vinyl, Wood
    • Basement: Cellar
    • Attic: Pull Down Stairs
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,008
    • Total interior livable area: 1,008 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport Double, Detached, Gravel
    • Has garage: Yes
    • Carport spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    Lot
    • Size: 6.1 Acres
    • Features: Level
    Details
    • Additional structures: Outbuilding
    • Parcel number: 190470000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential
    Materials
    • Vinyl Siding
    • Roof: Metal
    Condition
    • Year built: 1950

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available, Propane

    Community & HOA

    Community
    • Subdivision: Horsepasture
    Location
    • Region: Martinsville

    Financial & listing details

    • Price per square foot: $160/sqft
    • Tax assessed value: $60,900
    • Annual tax amount: $338
    • Date on market: 4/12/2026

    Price history

    DateEventPrice
    7/7/2026Sold$161,000-4.7%$160/sqft
    Source: MVMLS #150027 Report a problem
    4/24/2026Pending sale$169,000$168/sqft
    Source: MVMLS #150027 Report a problem
    4/13/2026Listed for sale$169,000$168/sqft
    Source: MVMLS #150027 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$338 +63.4%$60,900
    2024$207 -38.8%$60,900
    2023$338 $60,900
    2022$338 $60,900
    2021$338 -0.8%$60,900 -0.8%
    2020$341 $61,400
    2019$341 -44.5%$61,400
    2018$614 -98.2%$61,400
    2017$34,077 +11.5%$61,400 -1.9%
    2016$30,549 $62,600
    2015$30,549 $62,600
    2014$30,549 +9900%$62,600
    2013$305 -0.7%$62,600
    2012$308 -99%--
    2011$30,774 --
    Find assessor info on the county website

    Neighborhood: 24112

    Nearby schools

    GreatSchools rating
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