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Single Family ResidentialResidential
$146,243$55 / 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 84How 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

505 RIVES RD

MARTINSVILLE, VA 24112
0
Baths
2,661 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.
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
1929
Year BuiltThe year the home was originally built, according to county records.

Valuation

$146K
$122K low$170K high

Tax & Assessment

Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$183,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$19,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$164,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$183,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$183,900

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.0.21

Transaction History(1)

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 · 0.5 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

505 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.

  • Worth more than 69% of homes in Martinsville city County
  • Costs less per square foot than 86% of homes in Martinsville 24112
  • Bigger than 92% of homes in Martinsville 24112
  • Has a smaller lot than 84% of homes in Martinsville 24112
  • Older than 93% 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 63% 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$146,243
CheaperTypical $119,943Pricier

Pricier than 63% of homes nearby

Price per ft²$55
CheaperTypical $95Pricier

Pricier than 14% of homes nearby

Living area2,661 ft²
SmallerTypical 1,272 ft²Bigger

Bigger than 92% of homes nearby

Lot size0.21 ac
SmallerTypical 0.49 acBigger

Bigger than 16% of homes nearby

Year built1929
OlderTypical 1963Newer

Newer than 7% of homes nearby

How 505 Rives Rd ranks against every home in each area.
MeasureThis homeMartinsville 24112Martinsville city County
Estimated valuepricier than$146,24363% of homes69% of homes
Price per ft²pricier than$5514% of homes24% of homes
Living areabigger than2,661 ft²92% of homes90% of homes
Lot sizebigger than0.21 ac16% of homes31% of homes
Year builtnewer than19297% of homes9% of homes

About 505 Rives Rd

How much is 505 Rives Rd, Martinsville, VA worth?

The TopHap Estimate for 505 Rives Rd, Martinsville, VA is $146,243 as of Oct 21, 2026. The likely range is $122,465 to $170,021. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 505 Rives Rd, Martinsville, VA last sell?

505 Rives Rd, Martinsville, VA last sold on Jun 18, 2009, according to the county's recorded deed.

How big is 505 Rives Rd, Martinsville, VA?

505 Rives Rd, Martinsville, VA has 2,661 square feet of living space and a 0.21-acre lot.

When was 505 Rives Rd, Martinsville, VA built?

505 Rives Rd, Martinsville, VA was built in 1929, making it 97 years old.

What schools serve 505 Rives Rd, Martinsville, VA?

505 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 505 Rives Rd, Martinsville, VA compare to other homes in Martinsville 24112?

Among the 13,266 homes in Martinsville 24112, it is worth more than 63% of them ($146,243 against a typical $119,943), its price per square foot is higher than 14% of them ($55 against a typical $95), it is bigger than 92% of them (2,661 ft² against a typical 1,272 ft²), its lot is bigger than 16% of them (0.21 ac against a typical 0.49 ac) and it is newer than 7% of them (1929 against a typical 1963). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

More homes on Rives Rd

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Assigned schools

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