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714 Beechnut Lane

714 Beechnut Lane, Martinsville, VA 24112
714 Beechnut Lane has been categorized by the local assessors in Martinsville, VA as a type of property. The building on the property was first built in 1954 and is 72 years old. The building has a total of 100 stories. In addition, 714 Beechnut Lane has 1,628 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 22,216 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The exterior walls of the building are made of . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 714 Beechnut Lane sold most recently in Aug 9, 2021 for a total of $169,900. If you work out the math, that's approximately a cost of $104.36 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $176,616 in taxes each year. 714 Beechnut Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $178,400. If we break it down further, the land itself was valued at $25,000. Improvements to the property, however, were assessed at a total of $153,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Siding

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210628
06/28/2021
4 Bed
3 Bath
2724 ft²
$169,900
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2724 ft²
-
-
Julian Mei
Berry-Elliott, REALTORS


Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 1,628
  • Gross Building Area: 1,628
  • Building Area: 1,628
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,628
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST PARK SD
  • Land Acres: 0000000510
  • Standard Land Use Code: 1999
  • Legal Description 1: LOT 24 SEC 1

Neighborhood

  • School District Name: Martinsville City Public Schools
  • Census Tract: 000500

Zoning

  • Zoning: R-E

Geography

  • Account Number: 000705600
  • Section: 1
  • Parcel: 63 (01 )01 /24
  • Lot: 24
  • Municipality: MARTINSVILLE CITY
  • Latitude: 36.6711
  • Longitude: -79.8507

    Address

  • Full Address: 714 Beechnut Ln
  • Address - House Number: 714
  • Address - Street Name: Beechnut
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Martinsville
  • Carrier Code: C011
  • 4-Digit Zip Code: 5302
  • Zip Code: 24112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $176,616

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 57
  • Final Value: 166,410
  • High Value: 202,001
  • Low Value: 130,818

    Market Valuation

  • Market Total Value: $178,400
  • Market Land Value: $25,000
  • Market Improvement Value: $153,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,400
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $153,400

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202100990

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Martinsville



Similar Buildings

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Frequently Asked Questions

What neighborhood is 714 Beechnut Lane located in?
The 714 Beechnut Lane is a house located in the neighborhood of Martinsville in Martinsville, Martinsville.
What is the average sales price for listings in 714 Beechnut Lane?
The average sales price for units in 714 Beechnut Lane is $0 currently.

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