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Single Family ResidentialResidential
$100,751$116 / 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 58How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $85,000 on Nov 21, 2024

501 RIVES RD

MARTINSVILLE, VA 24112
0
Baths
866 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.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.
1938
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$101K
$58K low$143K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$85,000 · Nov 21, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$653 (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.$86,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$16,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$69,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$50,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$86,700

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyMARTINSVILLE CITY
Lot (acres)The size of the land the home sits on, from county records.0.15
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

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
Patrick Henry Elementary SchoolD
Elementary · Grades KG–5 · 0.4 mi
M
Martinsville Middle SchoolD+
Middle · Grades 6–8 · 0.7 mi
H
Martinsville High SchoolD
High · Grades 9–12 · 1.0 mi

District: Martinsville City 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

501 Rives 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.

  • Costs more per square foot than 81% of homes in Martinsville city County
  • Smaller than 90% of homes in Martinsville 24112
  • Has a smaller lot than 95% of homes in Martinsville 24112
  • Older than 88% 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
$27K$440K

This home is worth more than 40% 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$100,751
CheaperTypical $119,943Pricier

Pricier than 40% of homes nearby

Price per ft²$116
CheaperTypical $95Pricier

Pricier than 70% of homes nearby

Living area866 ft²
SmallerTypical 1,272 ft²Bigger

Bigger than 10% of homes nearby

Lot size0.15 ac
SmallerTypical 0.49 acBigger

Bigger than 5% of homes nearby

Year built1938
OlderTypical 1963Newer

Newer than 12% of homes nearby

How 501 Rives Rd ranks against every home in each area.
MeasureThis homeMartinsville 24112Martinsville city County
Estimated valuepricier than$100,75140% of homes48% of homes
Price per ft²pricier than$11670% of homes81% of homes
Living areabigger than866 ft²10% of homes14% of homes
Lot sizebigger than0.15 ac5% of homes11% of homes
Year builtnewer than193812% of homes17% of homes

About 501 Rives Rd

How much is 501 Rives Rd, Martinsville, VA worth?

The TopHap Estimate for 501 Rives Rd, Martinsville, VA is $100,751 as of Oct 21, 2026. The likely range is $58,318 to $143,184. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 501 Rives Rd, Martinsville, VA last sell?

501 Rives Rd, Martinsville, VA last sold on Nov 21, 2024 for $85,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 501 Rives Rd, Martinsville, VA?

501 Rives Rd, Martinsville, VA has 866 square feet of living space and a 0.15-acre lot.

When was 501 Rives Rd, Martinsville, VA built?

501 Rives Rd, Martinsville, VA was built in 1938, making it 88 years old. The building has 1 story.

What schools serve 501 Rives Rd, Martinsville, VA?

501 Rives Rd, Martinsville, VA is assigned to Patrick Henry Elementary School (elementary), rated D; Martinsville Middle School (middle), rated D+; Martinsville High School (high), rated D. All sit in Martinsville City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 501 Rives Rd, Martinsville, VA compare to other homes in Martinsville 24112?

Among the 13,266 homes in Martinsville 24112, it is worth more than 40% of them ($100,751 against a typical $119,943), its price per square foot is higher than 70% of them ($116 against a typical $95), it is bigger than 10% of them (866 ft² against a typical 1,272 ft²), its lot is bigger than 5% of them (0.15 ac against a typical 0.49 ac) and it is newer than 12% of them (1938 against a typical 1963). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 501 Rives Rd, Martinsville, VA?

The 2025 property tax bill for 501 Rives Rd, Martinsville, VA was $653. The county assessed it at $86,700.

More homes on Rives Rd

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More homes in Martinsville 24112

Assigned schools

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