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Single Family ResidenceResidential
$188,705$158 / 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 86How 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

723 PACE ST

FRANKLIN, VA 23851
2
Beds
1
Baths
1,194 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.
0.35 ac
Lot SizeThe size of the land the home sits on, from county records.
2005
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$189K
$162K low$215K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,928 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$187,140 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$24,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$162,640
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$156,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$187,140

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyFRANKLIN CITY
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2012
Lot (acres)The size of the land the home sits on, from county records.0.35
ConstructionThe main material the home's frame and walls are built from.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Heat Pump
CoolingThe type of cooling or air conditioning in the home.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.No Garage
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 80 ft²

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

E
S.P. Morton Elementary SchoolF
Elementary · Grades PK–6 · 0.7 mi
M
Franklin High SchoolD-
Middle · Grades 7–12 · 1.6 mi

District: Franklin City Public Schools

Neighborhood · ZIP 23851These 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.112
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.76
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.29

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.87%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
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.13,151
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.115 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$63,657
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$77,404
Average tempThe average temperature here across a full year.59°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

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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

723 Pace St 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 73% of homes in Franklin city County
  • Smaller than 75% of homes in Franklin 23851
  • Newer than 91% of homes in Franklin city County

What homes are worth in Franklin 23851

Each bar is how many homes fall in that price range. The marker is this home.

This home
$53K$544K

This home is worth more than 37% of homes in Franklin 23851.

How it measures up in Franklin 23851

The dot is this home. The mark in the middle is the typical home in Franklin 23851.

Estimated value$188,705
CheaperTypical $234,778Pricier

Pricier than 37% of homes nearby

Price per ft²$158
CheaperTypical $143Pricier

Pricier than 63% of homes nearby

Living area1,194 ft²
SmallerTypical 1,652 ft²Bigger

Bigger than 25% of homes nearby

Lot size0.35 ac
SmallerTypical 0.49 acBigger

Bigger than 36% of homes nearby

Year built2005
OlderTypical 1973Newer

Newer than 87% of homes nearby

How 723 Pace St ranks against every home in each area.
MeasureThis homeFranklin 23851Franklin city County
Estimated valuepricier than$188,70537% of homes42% of homes
Price per ft²pricier than$15863% of homes73% of homes
Living areabigger than1,194 ft²25% of homes26% of homes
Lot sizebigger than0.35 ac36% of homes53% of homes
Year builtnewer than200587% of homes91% of homes

About 723 Pace St

How much is 723 Pace St, Franklin, VA worth?

The TopHap Estimate for 723 Pace St, Franklin, VA is $188,705 as of Oct 21, 2026. The likely range is $162,324 to $215,086. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 723 Pace St, Franklin, VA last sell?

723 Pace St, Franklin, VA last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 723 Pace St, Franklin, VA?

723 Pace St, Franklin, VA has 2 bedrooms, 1 bathrooms, 1,194 square feet of living space and a 0.35-acre lot.

When was 723 Pace St, Franklin, VA built?

723 Pace St, Franklin, VA was built in 2005, making it 21 years old. The building has 1 story.

What schools serve 723 Pace St, Franklin, VA?

723 Pace St, Franklin, VA is assigned to S.P. Morton Elementary School (elementary), rated F; Franklin High School (middle), rated D-. All sit in Franklin City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 723 Pace St, Franklin, VA compare to other homes in Franklin 23851?

Among the 4,981 homes in Franklin 23851, it is worth more than 37% of them ($188,705 against a typical $234,778), its price per square foot is higher than 63% of them ($158 against a typical $143), it is bigger than 25% of them (1,194 ft² against a typical 1,652 ft²), its lot is bigger than 36% of them (0.35 ac against a typical 0.49 ac) and it is newer than 87% of them (2005 against a typical 1973). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 723 Pace St, Franklin, VA?

The 2026 property tax bill for 723 Pace St, Franklin, VA was $1,928. The county assessed it at $187,140.

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