NOT LISTED FOR SALE

1129 Cherokee Trail Martinsville, VA 24112

Estimated Value: $159,000 - $237,481

4 Beds
2.5 Baths
2,513 Sq Ft
$80/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $105,000 $42 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,206/month

27 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Wood Flooring
  • 2 Fireplaces
  • Cooling Available

About This Home

As of November 2022

Home with lots of room. Walking distance to Lake Lanier.

Last Agent to Sell the Property

Richard Sarver

The Spencer Group R.E. & Auction Brokerage Phone: 2766385222 License #0225089078 Listed on: 08/04/2022

Last Buyer's Agent

Rives Coleman

Rives S. Brown REALTOR License #0225041050

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1956

Lot Details

  • 0.65

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Driveway
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,513 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Storm Doors
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • 0.65 Acre Lot

Community Details

  • Forest Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,273

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Forest Park
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1956
  • Attribution Contact: 2766385222
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is, Electric Range, Dishwasher, Refrigerator
  • Other Equipment: No Farm Equipment
  • Has Basement: Block, Walk-Out Access, Full, Partially Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: 2, Electric
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood, Laminate
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s)
  • Living Area: 2513

Exterior Features

  • Waterfront Features: No Surface Water
  • Home Warranty: No
  • Construction Type: Wood Siding, Brick, Vinyl Siding
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Garage, Under, Paved Drive
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 28314
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Nov 17, 2022
Sold by
Wilson Darrell C
Bought by
Bowles Quirk Properties Llc
Seller's Agent
Richard Sarver
The Spencer Group R.E. & Auction
Buyer's Agent
Rives Coleman
Rives S. Brown REALTOR
List Price
$105,000
Sold Price
$105,000
Current Estimated Value
$201,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,870
Avg. Annual Appreciation
24.40%
Original Mortgage
$84,000
Outstanding Balance
$81,893
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$110,771
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bowles Quirk Properties Llc $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowles Quirk Properties Llc $84,000
Previous Owner Amos Edwin H $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $105,000 0.0% $42 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $105,000 -- $42 / Sq Ft
Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,273 $128,600 $25,000 $103,600
2023 $1,273 $128,600 $25,000 $103,600
2022 $1,027 $98,800 $25,000 $73,800
2021 $1,027 $98,800 $25,000 $73,800
2020 $1,049 $98,800 $25,000 $73,800
2019 $1,049 $98,800 $25,000 $73,800
2018 $1,181 $108,600 $25,000 $83,600
2017 $1,153 $108,600 $25,000 $83,600
2016 $1,208 $113,700 $25,000 $88,700
2015 $1,208 $113,700 $25,000 $88,700
2014 $1,209 $113,800 $25,000 $88,800
Source: Public Records

Agents Affiliated with this Home

  • Richard Sarver

    Seller's Agent in 2022

    Richard Sarver

    The Spencer Group R.E. & Auction

    (276) 732-3187

    254 Total Sales

    Richard Sarver
    Section Image
  • Rives Coleman

    Buyer's Agent in 2022

    Rives Coleman

    Rives S. Brown REALTOR

    (276) 732-2859

    140 Total Sales

    Rives Coleman
    Section Image
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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 137354

APN: 000689500

Virginia Martinsville County Martinsville 24112

1129 Cherokee Trail, Martinsville, VA

This home is located at 1129 Cherokee Trail, Martinsville, VA 24112 since 04 August 2022 and is currently estimated at $201,870, approximately $80 per square foot. This property was built in 1956. 1129 Cherokee Trail is a home located in Martinsville City with nearby schools including Patrick Henry Elementary School, Martinsville Middle School, and Martinsville High School.

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