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712 Circle Court

712 Circle Court, Martinsville, VA 24112
Property in Martinsville
Sold Feb 27, 2019
$84,000
$74,000 by 3rd Party Individual
Mortgage
Sold Jun 04, 2013
$15,000
Local assessors in Martinsville, VA have categorized 712 Circle Court as a residential type of property. The home was built in 1942 and is 82 years old. The property's lot size has been calculated to be 10,237 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 712 Circle Court has a total of 1,069 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Lots of brick were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 712 Circle Court was last sold in Feb 27, 2019 for $84,000. According to our calculations, that's $75.47 per sqft. Prior to that sales transaction, the property was sold for $15,000 in Jan 1, 1970. Current property owners are expected to pay $902 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 712 Circle Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $91,100. To break that down further, the land itself was valued at $6,000. While improvements to the property were assessed at a total of $85,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Bedroom Count: 0
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,237
  • Total Building Area: 1,113
  • Gross Building Area: 1,113
  • Building Area: 1,113
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,069
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 25

Ownership

  • Current Owner : SHARPE BENJAMIN F
  • Previous Owner : MARTIN TIMOTHY D
  • Previous Owner 2: PORTER JEFFREY L
  • Owner Before Previous Owner: VA HOUSING DEVEL AUTHORITY

Neighborhood

  • School District Name: Martinsville City Public Schools
  • Census Tract: 000300

Zoning

  • Zoning: R-N

Geography

  • Account Number: 000770200
  • Parcel: 53 (08 )00 /25
  • Lot: 25
  • Municipality: MARTINSVILLE CITY
  • Latitude: 36.6789
  • Longitude: -79.8599

    Address

  • Full Address: 712 Circle Ct
  • Address - House Number: 712
  • Address - Street Name: Circle
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Martinsville
  • Carrier Code: C016
  • 4-Digit Zip Code: 3936
  • Zip Code: 24112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $902
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 57
  • Final Value: 89,256
  • High Value: 108,346
  • Low Value: 70,165

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $74,000
  • First Open Lien Mortgage Lender: 3RD PARTY INDIVIDUAL
  • First Open Lien Mortgage Recording Date: Feb 27, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $74,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $91,100
  • Market Land Value: $6,000
  • Market Improvement Value: $85,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,100
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $85,100

    Sales

  • Current Sale Contract Date: Feb 27, 2019
  • Current Sale Recording Date: Feb 27, 2019
  • Current Sale Transaction ID: 11589112236
  • Current Sale Price: $84,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190000217
  • Previous Sale Recording Date: Jun 04, 2013
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 3RD PARTY INDIVIDUAL
  • First Mortgage Transaction Date: Feb 27, 2019
  • First Mortgage Loan Amount: $74,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Martinsville



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Frequently Asked Questions

What neighborhood is 712 Circle Court located in?
The 712 Circle Court is a located in the neighborhood of Martinsville in Martinsville, Martinsville.
What is the average sales price for listings in 712 Circle Court?
The average sales price for units in 712 Circle Court is $0 currently.

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