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Sold for $13,000
  • $13,000

    7 Spencer St, Martinsville, VA 24112

    2beds
    760sqft
    Residential
    Built in 1961
    4,356 Square Feet Lot
    $-- Zestimate®
    $17/sqft
    $938 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $938/mo

    Zestimate® history
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    What's special

    Attention investors, builders, and renovators! This property offers an opportunity to redevelop or rebuild on an established residential lot in Martinsville. The existing home has sustained significant fire damage and will require extensive renovation. Situated on a 4,182 sq. ft. lot, the property provides a blank canvas for your vision and future improvements. Conveniently located near local amenities, shopping, dining, and major roadways, this property presents potential for those seeking their next investment project. Buyers are encouraged to perform their own due diligence regarding the condition of the structure, zoning, and intended use. Property is being sold strictly as-is, where-is. Seller will make no repairs, warranties, or representations regarding the condition of the property. Enter structure at your own risk. Buyer to verify all information and conduct independent inspections and due diligence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Priscilla Oropeza,

    EXP Realty LLC

    Bought with:

    Priscilla Oropeza, 0225262557

    EXP Realty LLC

    Source: MVMLS,MLS#: 150227

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Floor Furnace
    Cooling
    • Window Unit(s)
    Appliances
    • Included: As Is, Gas Water Heater
    Features
    • 1st Floor Bedroom
    • Flooring: Concrete
    • Basement: None
    • Attic: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 760
    • Total interior livable area: 760 sqft

    Property

    Parking
    • Parking features: No Garage
    Lot
    • Size: 4,356 Square Feet
    Details
    • Parcel number: 000506000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential
    Materials
    • Block
    • Roof: Composition
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: Martinsville
    Location
    • Region: Martinsville

    Financial & listing details

    • Price per square foot: $17/sqft
    • Tax assessed value: $28,100
    • Annual tax amount: $212
    • Date on market: 5/30/2026

    Price history

    DateEventPrice
    8/21/2026Listing removed$17,500$23/sqft
    Source: eXp Realty #150227 Report a problem
    8/20/2026Pending sale$17,500+34.6%$23/sqft
    Source: MVMLS #150227 Report a problem
    8/18/2026Sold$13,000-25.7%$17/sqft
    Source: MVMLS #150227 Report a problem
    6/22/2026Price change$17,500-22.2%$23/sqft
    Source: MVMLS #150227 Report a problem
    6/8/2026Price change$22,500-24.7%$30/sqft
    Source: MVMLS #150227 Report a problem
    5/30/2026Listed for sale$29,900$39/sqft
    Source: MVMLS #150227 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$212 +18.8%$28,100 +56.1%
    2024$178 $18,000
    2023$178 +21.6%$18,000 +27.7%
    2022$147 $14,100
    2021$147 -4.1%$14,100 -2.1%
    2020$153 $14,400
    2019-- $14,400 +7.5%
    2018$142 $13,400
    2017$142 -5%$13,400 -5%
    2016$150 $14,100
    2015$150 $14,100
    2014$150 $14,100
    Find assessor info on the county website

    Neighborhood: 24112

    Nearby schools

    GreatSchools rating