For sale

$164,900

505 Forest St, Martinsville, VA 24112

2beds

1,052sqft

$1,091/mo

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Residential

Built in 1936

0.29 Acres Lot

$157,300 Zestimate^®

$157/sqft

$-- HOA

What's special

Lots of updatesMetal roofReplacement windowsGrey laminate flooring

This home can be described as CHARMING! It is conveniently located in the city close to all amenities yet you have plenty of privacy & room for a garden in the fenced back yard. The interior is fresh and clean, recently painted and lots of updates. The grey laminate flooring just adds to the charm of this home. Everything is located on the main floor leaving lots of room for storage in the basement. The replacement windows, metal roof & heat-pump are added bonus for energy efficiency. Don't miss your chance to call this home yours!

130 days

105

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Heat Pump

Cooling

Heat Pump

Appliances

Included: As Is, Electric Range, Refrigerator, Electric Water Heater

Features

1st Floor Bedroom
Flooring: Ceramic Tile, Laminate, Vinyl, Wood
Doors: Storm Door(s)
Basement: Crawl Space,Partial,Unfinished,Walk-Out Access
Attic: Crawl Space
Number of fireplaces: 1
Fireplace features: 1

Interior area

Total structure area: 1,052
Total interior livable area: 1,052 sqft

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Property

Parking

Parking features: No Garage

Features

Fencing: Privacy

Lot

Size: 0.29 Acres
Features: Level

Details

Additional structures: Outbuilding
Parcel number: 000772700

Construction

Type & style

Home type: SingleFamily
Property subtype: Residential

Materials

Vinyl Siding
Roof: Metal

Condition

Year built: 1936

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected

Community & HOA

Community

Subdivision: Martinsville

Location

Region: Martinsville

Financial & listing details

Price per square foot: $157/sqft
Tax assessed value: $87,900
Annual tax amount: $662
Date on market: 3/26/2026
Electric utility on property: Yes

Estimated market value

$157,300

$149,000 - $165,000

$1,221/mo

Price history

Date	Event	Price
3/26/2026	Listed for sale	$164,900+6.4%$157/sqft
Source: MVMLS #149968 Report a problem
6/12/2024	Sold	$155,000+3.4%$147/sqft
Source: RVAR #906987 Report a problem
5/9/2024	Pending sale	$149,900$142/sqft
Source: MVMLS #141276 Report a problem
3/21/2024	Listed for sale	$149,900+465.7%$142/sqft
Source: MVMLS #141276 Report a problem
7/6/2018	Sold	$26,500$25/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$662 -18%	$87,900 +7.7%
2024	$808 +107.6%	$81,600 +107.6%
2023	$389 +24.7%	$39,300 +31%
2022	$312	$30,000
2021	$312 -2.1%	$30,000
2020	$319	$30,000
2019	--	$30,000 -16.9%
2018	$383 -85%	$36,100
2017	$2,559 +30%	$36,100 -5%
2016	$1,969 +40.4%	$38,000
2015	$1,403	$38,000
2014	$1,403	$38,000

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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