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925 Mulberry Rd, Martinsville, VA, 24112

5beds
3baths
2,865sqft
$350,000
$122price/sqft
$2,598/moest. monthly cost
$103,920/yrincome needed

About This Home

Welcome to this charming Tudor-style home on historic Mulberry Rd in Martinsville, VA--where timeless 1940's character meets modern updates. The non-traditional floor plan is like the marriage of a 3 story home & split level, with a renovated lower-level kitchen and living space that feels bright, open, and inviting--offering a unique alternative to traditional floor plans, perfect for people who don't want to worry about their guests seeing their ''messy kitchen''. Featuring 5 bedrooms and 2.5 bathrooms, this spacious home offers flexibility for everyday living, guests, or income potential. The renovated kitchen blends classic charm with modern convenience, while original details throughout preserve the home's unique character. Enjoy the attached carport that doubles as a cozy outdoor seating area, plus a lower-level patio perfect for relaxing or entertaining. Set on an open front yard and a peaceful wooded backyard, this property offers the peace of being surrounded by nature while also being in a well established walkable neighborhood. Located just a short walk to Lake Lanier and minutes from Forest Park Country Club. You'll love the lifestyle this location provides. The roof is approximately 2 years old, adding peace of mind for future homeowners. Bonus opportunity: the current owner has successfully rented rooms on Airbnb, offering added income potential. Don't miss your chance to own a piece of Martinsville history with modern comfort and investment potential.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

6/10
3/10
Martinsville High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1940

Materials

  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Electric Range,Refrigerator

Basement

  • Has basement: Yes

Bedroom1

  • Level: E

Bedroom2

  • Level: E

Bedroom3

  • Level: U

Bedroom4

  • Level: U

Bedroom5

  • Level: L

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Den

  • Level: L

Dining Room

  • Level: L

Features

  • Flooring: Ceramic Tile,Vinyl,Wood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 1,146
  • Finished area above ground: 1,719

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 2,865
  • Total interior livable area: 2,865 sqft

Kitchen

  • Level: L

Laundry

  • Level: L

Living Room

  • Level: E

Property

Details

  • Parcel number: 54/ 01/ D/ 04/

Features

  • Patio & porch: Patio

Lot

  • Lot size: 0.57 Acres
  • Features: Sloped Down
  • Lot size dimensions: 254x98

Parking

  • Total spaces: 2
  • Parking features: Attached Carport
  • Covered spaces: 2
  • Carport: Yes

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

  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Strong Wind
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 $1,769$21,228
Home Insurance *$269$3,228
Property Taxes $285$3,420
Electricity $275$3,311
Total$2,598$31,176
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$89,074/yr
40% on housing$77,940/yr
45% on housing$69,280/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

$122This listing

vs Other Active Listings

Avg $/sqft

ZIP 24112$100
Martinsville City$69

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
2026-03-25Listed for sale$350,000
2026-03-20Listing removed--
2025-11-18Price change$425,000
2025-11-14Listed for sale$389,000
2024-08-08Listing removed$149,900
2022-05-18Sold$129,000
2022-01-28Pending sale$149,900
2022-01-28Contingent$149,900
2022-01-22Listed for sale$149,900
2021-12-07Listing removed--
2021-10-11Listed for sale$149,900

For Sale by Agent

AgentTONYA DEANN BREDAMUS, KW MARTINSVILLE
BrokerageKW MARTINSVILLE

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