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Single Family ResidenceResidential
$168,474$131 / 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 60How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $85,500 on Oct 6, 2003

487 CHESTNUT KNOB RD

MARTINSVILLE, VA 24112
3
Beds
2
Baths
1,288 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.
0.89 ac
Lot SizeThe size of the land the home sits on, from county records.
1993
Year BuiltThe year the home was originally built, according to county records.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$168K
$102K low$235K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$85,500 · Oct 6, 2003

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$438 (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.$79,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$9,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$69,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$79,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$79,000

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.0.89
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 SchoolB
Elementary · Grades PK–5 · 2.1 mi
H
Magna Vista High SchoolD+
High · Grades 9–12 · 3.7 mi
M
Laurel Park Middle SchoolD+
Middle · Grades 6–8 · 7.7 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%

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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

487 Chestnut Knob 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 more than 73% of homes in Martinsville 24112
  • Costs more per square foot than 80% of homes in Martinsville 24112
  • Has a bigger lot than 69% of homes in Martinsville 24112
  • Newer than 89% 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$429K

This home is worth more than 73% 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$168,474
CheaperTypical $115,018Pricier

Pricier than 73% of homes nearby

Price per ft²$131
CheaperTypical $91Pricier

Pricier than 80% of homes nearby

Living area1,288 ft²
SmallerTypical 1,272 ft²Bigger

Bigger than 51% of homes nearby

Lot size0.89 ac
SmallerTypical 0.48 acBigger

Bigger than 69% of homes nearby

Year built1993
OlderTypical 1963Newer

Newer than 89% of homes nearby

How 487 Chestnut Knob Rd ranks against every home in each area.
MeasureThis homeMartinsville 24112Henry County
Estimated valuepricier than$168,47473% of homes71% of homes
Price per ft²pricier than$13180% of homes73% of homes
Living areabigger than1,288 ft²51% of homes52% of homes
Lot sizebigger than0.89 ac69% of homes37% of homes
Year builtnewer than199389% of homes85% of homes

About 487 Chestnut Knob Rd

How much is 487 Chestnut Knob Rd, Martinsville, VA worth?

The TopHap Estimate for 487 Chestnut Knob Rd, Martinsville, VA is $168,474 as of Sep 24, 2026. The likely range is $101,506 to $235,442. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 487 Chestnut Knob Rd, Martinsville, VA last sell?

487 Chestnut Knob Rd, Martinsville, VA last sold on Oct 6, 2003 for $85,500, according to the county's recorded deed.

How big is 487 Chestnut Knob Rd, Martinsville, VA?

487 Chestnut Knob Rd, Martinsville, VA has 3 bedrooms, 2 bathrooms, 1,288 square feet of living space and a 0.89-acre lot.

When was 487 Chestnut Knob Rd, Martinsville, VA built?

487 Chestnut Knob Rd, Martinsville, VA was built in 1993, making it 33 years old.

What schools serve 487 Chestnut Knob Rd, Martinsville, VA?

487 Chestnut Knob Rd, Martinsville, VA is assigned to Rich Acres Elementary School (elementary), rated B; 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 487 Chestnut Knob Rd, Martinsville, VA compare to other homes in Martinsville 24112?

Among the 13,261 homes in Martinsville 24112, it is worth more than 73% of them ($168,474 against a typical $115,018), its price per square foot is higher than 80% of them ($131 against a typical $91), it is bigger than 51% of them (1,288 ft² against a typical 1,272 ft²), its lot is bigger than 69% of them (0.89 ac against a typical 0.48 ac) and it is newer than 89% of them (1993 against a typical 1963). Measured against all of Henry County, it is worth more than 71% 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 487 Chestnut Knob Rd, Martinsville, VA?

The 2025 property tax bill for 487 Chestnut Knob Rd, Martinsville, VA was $438. The county assessed it at $79,000.

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