For sale

$80,000

506 Fayette St, Martinsville, VA 24112

3beds

1,563sqft

$543/mo

Get pre-qualified

Single Family Residence

Built in 1955

7,405 Square Feet Lot

$-- Zestimate^®

$51/sqft

$-- HOA

What's special

Dining roomConvenient half bath

Welcome to this charming 3 bedroom, 1.5 bath residence situated in the city of Martinsville. A grand large staircase greets you in the foyer leading to a functional main level featuring a bright living room, dining room, kitchen and a convenient half bath. Upstairs you will find 3 bedrooms and a full bath. The exterior features a nice sized backyard- perfect for entertaining , along with a detached garage for added storage. Don't miss this opportunity to own a delightful home in a central location! Some photos may be digitally enhanced. Information taken from tax assessment and/or seller. Buyer/Buyer Agent to verify. Albert Harris Elem. Martinsville Middle Martinsville High School

138 days

1,412

64

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Bedroom 1

Level: U

Bedroom 2

Level: U

Bedroom 3

Level: U

Dining room

Level: E

Foyer

Level: E

Living room

Level: E

Heating

Forced Air Oil

Cooling

None

Appliances

Included: Electric Range

Features

Flooring: Carpet, Ceramic Tile, Wood
Has basement: Yes
Has fireplace: No

Interior area

Total structure area: 2,456
Total interior livable area: 1,563 sqft
Finished area above ground: 1,563

Property

Parking

Total spaces: 1
Parking features: Detached
Has garage: Yes
Covered spaces: 1

Lot

Size: 7,405 Square Feet

Details

Parcel number: 31/01/00/12 13

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape Cod
Property subtype: Single Family Residence

Materials

Brick

Condition

Completed
Year built: 1955

Utilities & green energy

Electric: 0 Phase
Sewer: Public Sewer

Community & HOA

Community

Subdivision: N/A

HOA

Has HOA: No

Location

Region: Martinsville

Financial & listing details

Price per square foot: $51/sqft
Tax assessed value: $90,900
Annual tax amount: $684
Date on market: 3/27/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,341/mo

Price history

Date	Event	Price
4/15/2026	Listed for sale	$80,000$51/sqft
Source: MVMLS #149979 Report a problem
4/3/2026	Pending sale	$80,000$51/sqft
Source: RVAR #925915 Report a problem
3/27/2026	Listed for sale	$80,000+180.7%$51/sqft
Source: MVMLS #149979 Report a problem
7/19/2023	Sold	$28,500-18.6%$18/sqft
Source: Public Record Report a problem
5/17/2023	Listed for sale	$35,000$22/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$685 +14.3%	$90,900 +50.2%
2024	$599	$60,500
2023	$599 +29.7%	$60,500 +36.3%
2022	$462	$44,400
2021	$462 -2.1%	$44,400
2020	$472	$44,400
2019	--	$44,400 +2.8%
2018	$459	$43,200
2017	$459 -6.7%	$43,200 -6.7%
2016	$492 -44.3%	$46,300
2015	$884	$46,300 -0.2%
2014	$884	$46,400
2013	--	$46,400 -1.9%
2012	--	$47,300
2011	--	$47,300 -6.7%
2010	--	$50,700