NOT LISTED FOR SALE

140 Pine Lake Rd Danville, VA 24541

-- Bed
-- Bath
7,200 Sq Ft
2.51 Acres

Last Sold March 30, 2018

Last sale price $312,000 $43 Per Sq Ft

41 Days on Market

Highlights

  • Tile Flooring
  • 1-Story Property
  • Laundry Facilities
  • Stony Mill Elementary School Rated A-
  • Central Air
  • Heating Available

About This Home

As of March 2018

Excellent investment opportunity with 100% current occupancy and solid rental history. 8 unit apartment complex in Pittsylvania County but still convenient to Danville. Tunstall School District. 4-1 bedroom 1 bath units and 4- 2 bedroom 1 bath units w small laundry house for tenants. 2.5 acres with additional space for expansion of more units, public water and sewer, new netal roof in 2015.

Last Agent to Sell the Property

Ramsey Yeatts

RAMSEY YEATTS & ASSOCIATES, REALTORS License #0225104144 Listed on: 02/07/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,478

Year Built

  • Built in 1976

Lot Details

  • 2.51 Acre Lot

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 7,200 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Tile

Schools

  • Stony Mill Elementary School
  • Tunstall Middle School
  • Tunstall High School

Utilities

  • Central Air
  • Heating Available
  • Furnace
  • Septic Tank

Community Details

  • 8 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for water, sewer
  • Assessor Parcel Number 1378626289 and 1378629200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,478

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Attached Units
  • Prop. Type: Residential Income
  • Lot Size Acres: 2.51
  • Road Surface Type: Paved
  • Subdivision Name: No
  • Directions: 58 West from Danville to intersection of Pine Lake Rd and Martinsville Highway. Property on Right.
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Appliances: One Bedroom Unit(Refrigerator,Range), Two Bedrom Unit(Refrigerator,Range)
  • Owner Pays: Water, Sewer
  • Flooring: Wall/Wall Carpet, Tile
  • Living Area: 7200

Exterior Features

  • Construction Type: Brick
  • Property Condition: 41 to 75 Years Old
  • Roof: Metal, 1 to 5 Years Old

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot

Utilities

  • Laundry Features: Common Laundry Facilities
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer, Septic Tank
  • Water Source: Public

Schools

  • Elementary School: Stony Mill
  • High School: Tunstall
  • Middle Or Junior School: Tunstall

Lot Info

  • Lot Size Sq Ft: 109335.6
  • Parcel #: 1378626289 and 1378629200
  • Zoning: RMF
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months,Month To Month

Multi Family

  • Number Of Units Total: 8
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1478
  • Tax Book Number: LR13/046

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $312,000 -2.5% $43 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $320,000 -- $44 / Sq Ft
Source: Dan River Region Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 57484