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733 Craig St, Martinsville, VA, 24112

2beds
2baths
1,024sqft
$164,900
$161price/sqft
$1,268/moest. monthly cost
$50,720/yrincome needed

About This Home

Walk to Lester Park, minutes to Lake Lanier & Forest Park Country Club, and a fully renovated Tudor for under $200K, this is Martinsville living done right! Fully renovated Tudor just off historic Mulberry Rd. This 2BR/1.5BA home blends classic charm with modern updates and an open floor plan that feels bright, spacious, and move-in ready. The kitchen has butcher block countertops, stainless steel appliances, and a layout perfect for entertaining. Major upgrades include a new roof, flooring, windows, HVAC, and more! Do you need room to grow? The pull-down attic stairs lead to a fully floored space already framed and plumbed for a hidden bedroom and bathroom suite--ideal for a guest space, office, or private retreat. You'll also love the added side storage room for lawn equipment. The unbeatable location near Forest Park Country Club, Uptown Martinsville, shopping, and dining makes this home a true gem. Charming, updated, and full of potential--this one is easy to fall in love with. For added protection & peace of mind the sellers have purchased a One Year Home Warranty through America's Preferred Home Warranty. Schedule your private showing today before this gem is gone

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

6/10
3/10
Martinsville High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1935

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Tudor
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Electric Range,Refrigerator

Basement

  • Has basement: Yes

Bedroom1

  • Level: E

Bedroom2

  • Level: E

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Area

  • Level: E

Features

  • Window features: Tilt-In
  • Flooring: Laminate
  • Finished area above ground: 1,024

Heating & Cooling

  • Heating features: Heat Pump Electric
  • Cooling features: Heat Pump Electric

Interior Area

  • Total structure area: 2,480
  • Total interior livable area: 1,024 sqft

Kitchen

  • Level: E

Laundry

  • Level: E

Living Room

  • Level: E

Property

Details

  • Parcel number: 53(01)00/28

Lot

  • Lot size: 6,098 sqft
  • Features: Sloped Down
  • Lot size dimensions: 118x51

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Ice Storm
Tornado
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $833$9,996
Home Insurance *$126$1,512
Property Taxes $107$1,284
Electricity $202$2,433
Total$1,268$15,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,474/yr
40% on housing$38,040/yr
45% on housing$33,813/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$161This listing

vs Other Active Listings

Avg $/sqft

ZIP 24112$103
Martinsville City$73

vs Homes Sold Last Month

Median $/sqft

ZIP 24112$101
Martinsville City$76

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-24Price change$169,000
2026-04-15Listed for sale$174,900
2025-03-21Sold$155,000
2025-02-11Pending sale$150,000
2025-01-09Price change$150,000
2024-11-23Price change$155,000
2024-11-14Price change$159,000
2024-10-06Listed for sale$165,000
2024-05-01Sold$70,000
2024-04-15Listed for sale$90,321
2024-04-06Pending sale$90,321
2024-04-06Listed for sale$90,321

For Sale by Agent

AgentTONYA DEANN BREDAMUS, KW MARTINSVILLE
BrokerageKW MARTINSVILLE

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