For sale

$175,000

740 Chestnut Knob Rd, Martinsville, VA 24112

3beds

960sqft

$1,155/mo

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Single Family Residence

Built in 1972

0.4 Acres Lot

$171,900 Zestimate^®

$182/sqft

$-- HOA

What's special

Fresh paint throughoutSpacious level yardBrand-new heat pumpNew roofNew energy-efficient windows

Completely renovated and move-in ready! This beautifully updated one-level ranch offers the convenience of single-level living with the peace and privacy of a natural setting. Surrounded by woods across the street and behind the home, you'll enjoy a quiet atmosphere while still being close to everyday conveniences. Inside, you'll find fresh paint throughout, durable luxury vinyl plank flooring, and a bright, modern feel from room to room. Major updates include a brand-new heat pump, new roof, and new energy-efficient windows. Outside, the spacious level yard is perfect for children, pets, gardening, entertaining, or simply relaxing outdoors. Whether you're a first-time homebuyer, downsizing, or looking for a low-maintenance home with modern updates, this turnkey property is ready to welcome you home. Call your realtor today to schedule a private showing.

1 day

107

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: E

Bedroom 2

Level: E

Bedroom 3

Level: E

Eat in kitchen

Level: E

Laundry

Level: E

Living room

Level: E

Heating

Heat Pump Electric

Cooling

Heat Pump Electric

Features

Windows: Tilt-In
Has basement: No
Has fireplace: No

Interior area

Total structure area: 960
Total interior livable area: 960 sqft
Finished area above ground: 960

Property

Lot

Size: 0.4 Acres
Features: Level, Wooded

Details

Parcel number: 51.4(061 )000 /003
Zoning: S-R Sub Res

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl

Condition

Completed
Year built: 1972

Utilities & green energy

Electric: 0 Phase

Community & HOA

Community

Subdivision: N/A

HOA

Has HOA: No

Location

Region: Martinsville

Financial & listing details

Price per square foot: $182/sqft
Tax assessed value: $44,000
Annual tax amount: $387
Date on market: 8/14/2026

Estimated market value

$171,900

$163,000 - $180,000

$1,299/mo

Price history

Date	Event	Price
8/5/2026	Listed for sale	$175,000+165.2%$182/sqft
Source: MVMLS #150456 Report a problem
8/28/2025	Sold	$66,000-12%$69/sqft
Source: MVMLS #145200 Report a problem
8/14/2025	Pending sale	$75,000$78/sqft
Source: MVMLS #145200 Report a problem
8/13/2025	Listed for sale	$75,000$78/sqft
Source: MVMLS #145200 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$244	$44,000
2024	$244	$44,000
2023	$244	$44,000
2022	$244	$44,000
2021	$244 -0.7%	$44,000 -0.7%
2020	$246	$44,300
2019	$246 -44.5%	$44,300
2018	$443 -98.2%	$44,300
2017	$24,587 +11%	$44,300 -2.4%
2016	$22,155	$45,400
2015	$22,155	$45,400
2014	$22,155 +49463.8%	$45,400
2013	$45 -80.3%	$45,400
2012	$227 -99%	--
2011	$22,678	--