Great Investment Property! Convenient location. Built in 1990. Both units occupied with long term tenants.
Sold for $132,000
$132,000
903 Palace Ct, Martinsville, VA 24112
--beds
--baths
1,664sqft
Multi Family
Built in 1990
-- sqft lot
$161,100 Zestimate®
$79/sqft
$1,047 Estimated rent
Home value
$161,100
$129,000 - $197,000
$1,047/mo
Zestimate® history
Owner options
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$820/mo
Est. payment
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$820/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
ALEXANDRA LEE TAYLOR 540-522-8757,
MAC WESTLAND REAL ESTATE GROUP
Bought with:
Non Member Transaction Agent
Non-Member Transaction Office
Source: RVAR,MLS#: 906553
Facts & features
Interior
Heating
- Heat Pump Electric
Cooling
- Central Air
Features
- Has basement: No
Interior area
- Total structure area: 1,664
- Total interior livable area: 1,664 sqft
Property
Parking
- Parking features: Private (1 - 9)
Lot
- Size: 0.28 Acres
Details
- Parcel number: 07 (08 )00 /38
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl
Condition
- Completed
- Year built: 1990
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: $79/sqft
- Tax assessed value: $123,100
- Annual tax amount: $396
- Date on market: 4/10/2024
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2024 | Sold | $132,000-12%$79/sqft |
Source:  RVAR #906553 Report a problem | ||
| 4/10/2024 | Pending sale | $150,000$90/sqft |
Source: RVAR #906553 Report a problem | ||
| 2/9/2024 | Listed for sale | $150,000-81.9%$90/sqft |
Source: MVMLS #141138 Report a problem | ||
| 7/15/2016 | Sold | $828,700$498/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $927 +134.2% | $123,100 +207.8% |
| 2024 | $396 | $40,000 |
| 2023 | $396 -4.8% | $40,000 |
| 2022 | $416 | $40,000 |
| 2021 | $416 -2.1% | $40,000 |
| 2020 | $425 | $40,000 |
| 2019 | -- | $40,000 |
| 2018 | $425 | $40,000 |
| 2017 | $425 | $40,000 |
| 2016 | $425 +0% | $40,000 |
| 2015 | $425 | $40,000 -20% |
| 2014 | $425 | $50,000 |
| 2013 | -- | $50,000 |
| 2012 | -- | $50,000 |
| 2011 | -- | $50,000 |
| 2010 | -- | $50,000 |
Find assessor info on the county website
Neighborhood: 24112
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Nearby schools
GreatSchools rating
- 3/10Albert Harris Elementary SchoolGrades: K-5Distance: 1.7 mi
- 4/10Martinsville Middle SchoolGrades: 6-8Distance: 1.5 mi
- 4/10Martinsville High SchoolGrades: 9-12Distance: 1.9 mi
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- Virginia
- Martinsville City
- Martinsville
- 24112
- 903 Palace Ct
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