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Single Family ResidenceResidential
$322,806$182 / 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 66How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $110,000 on May 19, 2017

488 LEES RIDGE RD

MARTINSVILLE, VA 24112
2
Baths
1,772 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.
2.62 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

$323K
$212K low$433K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$110,000 · May 19, 2017
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$322,806
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$258,245

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$753 (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.$135,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$18,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$117,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$135,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$135,600

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.31 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

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.2.62
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Mount Olivet Elementary SchoolB-
Elementary · Grades PK–5 · 1.2 mi
M
Laurel Park Middle SchoolD+
Middle · Grades 6–8 · 1.5 mi
H
Magna Vista High SchoolD+
High · Grades 9–12 · 9.0 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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

488 Lees Ridge 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 94% of homes in Henry County
  • Costs more per square foot than 95% of homes in Martinsville 24112
  • Bigger than 82% of homes in Henry County
  • Has a bigger lot than 87% of homes in Martinsville 24112
  • 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
$31K$458K

This home is worth more than 93% 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$322,806
CheaperTypical $123,513Pricier

Pricier than 93% of homes nearby

Price per ft²$182
CheaperTypical $97Pricier

Pricier than 95% of homes nearby

Living area1,772 ft²
SmallerTypical 1,274 ft²Bigger

Bigger than 77% of homes nearby

Lot size2.62 ac
SmallerTypical 0.48 acBigger

Bigger than 87% of homes nearby

Year built1985
OlderTypical 1963Newer

Newer than 83% of homes nearby

How 488 Lees Ridge Rd ranks against every home in each area.
MeasureThis homeMartinsville 24112Henry County
Estimated valuepricier than$322,80693% of homes94% of homes
Price per ft²pricier than$18295% of homes94% of homes
Living areabigger than1,772 ft²77% of homes82% of homes
Lot sizebigger than2.62 ac87% of homes73% of homes
Year builtnewer than198583% of homes77% of homes

About 488 Lees Ridge Rd

How much is 488 Lees Ridge Rd, Martinsville, VA worth?

The TopHap Estimate for 488 Lees Ridge Rd, Martinsville, VA is $322,806 as of Jul 14, 2026. The likely range is $212,308 to $433,304. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 488 Lees Ridge Rd, Martinsville, VA last sell?

488 Lees Ridge Rd, Martinsville, VA last sold on May 19, 2017 for $110,000, according to the county's recorded deed.

How big is 488 Lees Ridge Rd, Martinsville, VA?

488 Lees Ridge Rd, Martinsville, VA has 2 bathrooms, 1,772 square feet of living space and a 2.62-acre lot.

When was 488 Lees Ridge Rd, Martinsville, VA built?

488 Lees Ridge Rd, Martinsville, VA was built in 1985, making it 41 years old.

What schools serve 488 Lees Ridge Rd, Martinsville, VA?

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

How does 488 Lees Ridge Rd, Martinsville, VA compare to other homes in Martinsville 24112?

Among the 13,261 homes in Martinsville 24112, it is worth more than 93% of them ($322,806 against a typical $123,513), its price per square foot is higher than 95% of them ($182 against a typical $97), it is bigger than 77% of them (1,772 ft² against a typical 1,274 ft²), its lot is bigger than 87% of them (2.62 ac against a typical 0.48 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 94% 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 488 Lees Ridge Rd, Martinsville, VA?

The 2025 property tax bill for 488 Lees Ridge Rd, Martinsville, VA was $753. The county assessed it at $135,600.

Closest homes

More homes in Martinsville 24112

Assigned schools

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