51 LESTER ST
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Location
51 LESTER ST
City, State, Zip
, VA 24112
Mblu
33/ 03/ B/ 08/
Acct#
000010800
Owner
CITY OF MARTINSVILLE ECONOMIC DEVELOPEME
Total Market Value
$332,800
PID
3600
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2025$179,300$153,500$332,800

Owner of Record
OwnerCITY OF MARTINSVILLE ECONOMIC DEVELOPEME
Co-Owner
Care Of
Address55 W CHURCH ST
MARTINSVILLE, VA 24112
Sale Price$400,000
Book & Page 90: LR Post2000/LR202500507
Sale Date05/16/2025

Ownership History
Ownership History
OwnerSale PriceBook & PageSale Date
CITY OF MARTINSVILLE ECONOMIC DEVELOPEME$400,00090: LR Post2000/LR20250050705/16/2025
MARTINSVILLE METHODIST PROPERTIES INC$090: LR Post2000/LR17000096710/27/2017
MARTINSVILLE METHODIST PROPERTIES INC$090: LR Post2000/GM00/0000110/27/2017
FIRST UNITED METHODIST CHURCH$275,00060: LR1942-2000/DB 255/47901/09/1998
J R J INVESTMENT CORPORATION$200,00060: LR1942-2000/DB 186/39606/01/1989
AMERICAN FURNITURE CO INC$060: LR1942-2000/DB 096/30607/08/1969

Building Information
Building 1 : Section 1
Year Built: 1929
Living Area: 97,799
Building Percent Good: 25
Building Attributes
FieldDescription
StyleWarehouse
ModelCommercial
GradeFAIR - 10%
Stories2.00
Exterior Wall 2 
Interior Wall 1CINDER BLOCK
Foundation Type 1CONC
Foundation Type 2 
Interior Floor 1CONCRETE
Full Baths0
Sketch FactorUse Effective Area
Roof CoverBUILT UP
Central HeatNo
DistrictLester St Commercial
Half Baths0
Extra Fixtures0
Interior Wall 2 
Split LevelNo
Split FoyerNo
Fuel TypeGAS
Exterior Wall 1BRICK
Central ACNo
Bedrooms0
Total Rooms0
Wall Height 
Fireplaces0
Chimneys0
Basement TypeNONE
Central AC Size0
Living Area0
Central AC Pct0
Exterior CondFair
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
1ST1st Floor 97,799 97,799
   97,799 97,799

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code8000
DescriptionCommercial Exempt  
ZoneC-UB
Neighborhood
Land Line Valuation
Size (Acres)2.84
Frontage
Depth
Total Market Land$153,500

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeBldg #
097OB-PAVEMENT  10000.00 UNITS1
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$179,300$153,500$332,800
2024$239,700$41,800$281,500

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