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Single Family ResidenceResidential
$423,050$217 / 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 61How 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
Last sold for $15,000 on Mar 19, 1992

531 VARLEY LN

MARTINSVILLE, VA 24112
3
Beds
2
Baths
1,953 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.
5.1 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.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$423K
$259K low$587K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$15,000 · Mar 19, 1992

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$958 (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.$172,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$23,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$149,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$172,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$172,700

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.27 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.5.10
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
Mount Olivet Elementary SchoolB-
Elementary · Grades PK–5 · 1.1 mi
M
Laurel Park Middle SchoolD+
Middle · Grades 6–8 · 1.5 mi
H
Magna Vista High SchoolD+
High · Grades 9–12 · 8.9 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

531 Varley Ln 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.

  • Among the most valuable homes in Henry County
  • Among the highest price per square foot in Martinsville 24112
  • Bigger than 87% of homes in Henry County
  • Has a bigger lot than 93% 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
$25K$428K

This home is worth more than 98% 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$423,050
CheaperTypical $119,056Pricier

Pricier than 98% of homes nearby

Price per ft²$217
CheaperTypical $93Pricier

Pricier than almost all homes nearby

Living area1,953 ft²
SmallerTypical 1,275 ft²Bigger

Bigger than 82% of homes nearby

Lot size5.1 ac
SmallerTypical 0.49 acBigger

Bigger than 93% of homes nearby

Year built1993
OlderTypical 1963Newer

Newer than 89% of homes nearby

How 531 Varley Ln ranks against every home in each area.
MeasureThis homeMartinsville 24112Henry County
Estimated valuepricier than$423,05098% of homesalmost all homes
Price per ft²pricier than$217almost all homes98% of homes
Living areabigger than1,953 ft²82% of homes87% of homes
Lot sizebigger than5.1 ac93% of homes85% of homes
Year builtnewer than199389% of homes86% of homes

About 531 Varley Ln

How much is 531 Varley Ln, Martinsville, VA worth?

The TopHap Estimate for 531 Varley Ln, Martinsville, VA is $423,050 as of Aug 30, 2026. The likely range is $258,972 to $587,128. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 531 Varley Ln, Martinsville, VA last sell?

531 Varley Ln, Martinsville, VA last sold on Mar 19, 1992 for $15,000, according to the county's recorded deed.

How big is 531 Varley Ln, Martinsville, VA?

531 Varley Ln, Martinsville, VA has 3 bedrooms, 2 bathrooms, 1,953 square feet of living space and a 5.10-acre lot.

When was 531 Varley Ln, Martinsville, VA built?

531 Varley Ln, Martinsville, VA was built in 1993, making it 33 years old.

What schools serve 531 Varley Ln, Martinsville, VA?

531 Varley Ln, 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 531 Varley Ln, Martinsville, VA compare to other homes in Martinsville 24112?

Among the 13,261 homes in Martinsville 24112, it is worth more than 98% of them ($423,050 against a typical $119,056), its price per square foot is higher than almost all of them ($217 against a typical $93), it is bigger than 82% of them (1,953 ft² against a typical 1,275 ft²), its lot is bigger than 93% of them (5.1 ac against a typical 0.49 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 almost all 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 531 Varley Ln, Martinsville, VA?

The 2025 property tax bill for 531 Varley Ln, Martinsville, VA was $958. The county assessed it at $172,700.

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