Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$68,708$72 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 63How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

481 SUMMIT RD

MARTINSVILLE, VA 24112
2
Baths
960 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.49 ac
Lot SizeThe size of the land the home sits on, from county records.
1985
Year BuiltThe year the home was originally built, according to county records.

Valuation

$69K
$44K low$94K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$153 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$27,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$7,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$20,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$27,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$27,600

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyHenry
Lot (acres)The size of the land the home sits on, from county records.0.49
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Rich Acres Elementary SchoolA-
Elementary · Grades PK–5 · 2.7 mi
H
Magna Vista High SchoolD+
High · Grades 9–12 · 4.7 mi
M
Laurel Park Middle SchoolD+
Middle · Grades 6–8 · 7.8 mi

District: Henry County Public Schools

Neighborhood · ZIP 24112These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.109
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.54

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.86%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.19%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.30,634
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.200 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$48,767
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$63,907
Average tempThe average temperature here across a full year.56°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

Owner Tools

Do you own this home?
Claim this home

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

481 Summit Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 78% of homes in Martinsville 24112
  • Costs less per square foot than 82% of homes in Henry County
  • Smaller than 82% of homes in Henry County
  • Has a smaller lot than 83% of homes in Henry County
  • Newer than 83% of homes in Martinsville 24112

What homes are worth in Martinsville 24112

Each bar is how many homes fall in that price range. The marker is this home.

This home
$26K$438K

This home is worth more than 22% of homes in Martinsville 24112.

How it measures up in Martinsville 24112

The dot is this home. The mark in the middle is the typical home in Martinsville 24112.

Estimated value$68,708
CheaperTypical $118,581Pricier

Pricier than 22% of homes nearby

Price per ft²$72
CheaperTypical $92Pricier

Pricier than 29% of homes nearby

Living area960 ft²
SmallerTypical 1,269 ft²Bigger

Bigger than 20% of homes nearby

Lot size0.49 ac
SmallerTypical 0.49 acBigger

Bigger than 50% of homes nearby

Year built1985
OlderTypical 1963Newer

Newer than 83% of homes nearby

How 481 Summit Rd ranks against every home in each area.
MeasureThis homeMartinsville 24112Henry County
Estimated valuepricier than$68,70822% of homes22% of homes
Price per ft²pricier than$7229% of homes18% of homes
Living areabigger than960 ft²20% of homes18% of homes
Lot sizebigger than0.49 ac50% of homes17% of homes
Year builtnewer than198583% of homes77% of homes

About 481 Summit Rd

How much is 481 Summit Rd, Martinsville, VA worth?

The TopHap Estimate for 481 Summit Rd, Martinsville, VA is $68,708 as of Aug 30, 2026. The likely range is $43,515 to $93,901. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 481 Summit Rd, Martinsville, VA last sell?

481 Summit Rd, Martinsville, VA last sold on Nov 27, 2001, according to the county's recorded deed.

How big is 481 Summit Rd, Martinsville, VA?

481 Summit Rd, Martinsville, VA has 2 bathrooms, 960 square feet of living space and a 0.49-acre lot.

When was 481 Summit Rd, Martinsville, VA built?

481 Summit Rd, Martinsville, VA was built in 1985, making it 41 years old.

What schools serve 481 Summit Rd, Martinsville, VA?

481 Summit Rd, Martinsville, VA is assigned to Rich Acres Elementary School (elementary), rated A-; Magna Vista High School (high), rated D+; Laurel Park Middle School (middle), rated D+. All sit in Henry County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 481 Summit Rd, Martinsville, VA compare to other homes in Martinsville 24112?

Among the 13,261 homes in Martinsville 24112, it is worth more than 22% of them ($68,708 against a typical $118,581), its price per square foot is higher than 29% of them ($72 against a typical $92), it is bigger than 20% of them (960 ft² against a typical 1,269 ft²), its lot is bigger than 50% of them (0.49 ac against a typical 0.49 ac) and it is newer than 83% of them (1985 against a typical 1963). Measured against all of Henry County, it is worth more than 22% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 481 Summit Rd, Martinsville, VA?

The 2025 property tax bill for 481 Summit Rd, Martinsville, VA was $153. The county assessed it at $27,600.

More homes on Summit Rd

Closest homes

More homes in Martinsville 24112

Assigned schools

Explore the area

See this home in context

Open 481 Summit Rd on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map