$50,000
SOLD DEC 10, 2024

150 Gray St Danville, VA 24541

5 Beds
2 Baths
2,068 Sq Ft
7,893 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

33% Below List Price

68 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Cooling Available
  • High Ceiling
  • Front Porch
  • Space Heater

About This Home

As of December 2024

Location location location! This house has had many renovations started and is needing a motivated buyer with a vision to bring it up to its full potential. This property is conveniently located to downtown Danville and only a short walk to many of Danville's up and coming attractions. Don't miss this opportunity!

Last Agent to Sell the Property

Justin Johnson

ESKEY & ASSOCIATES REALTY Brokerage Phone: 4347974663 License #0225246498 Listed on: 10/03/2024

Last Buyer's Agent

Katrina Fields

EXP Realty LLC License #0225245511

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $93

Year Built

  • Built in 1920

Lot Details

  • 7,893 Sq Ft Lot
  • Property is zoned OTR Old Town Residential

Home Design

  • Metal Roof
  • Cement Siding

Interior Spaces

  • 2,068 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

  • Forest Hills Elementary School
  • Westwood Middle School
  • GWHS High School

Utilities

  • Cooling Available
  • Space Heater

Listing and Financial Details

  • Assessor Parcel Number 25231

Home Details

Home Type

Single Family

Est. Annual Taxes

$93

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1812
  • Road Surface Type: Paved
  • Subdivision Name: No Subdivision
  • Directions: Central Blvd., left on Main St., Right on Gray St., sign on right at property.
  • Above Grade Finished Sq Ft: 2068
  • Architectural Style: Two Story
  • Carport Y N: No
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 1920
  • Attribution Contact: 4347974663
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: One
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: High Ceilings
  • Living Area: 2068

Exterior Features

  • Lot Features: Less than 1 acre
  • Home Warranty: No
  • Construction Type: Cement Siding
  • Patio And Porch Features: Porch, Front
  • Property Condition: 75 Plus Years Old
  • Roof: 26 Plus Years Old, Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Space Heater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Forest Hills
  • High School: Gwhs
  • Middle Or Junior School: Westwood

Lot Info

  • Lot Size Sq Ft: 7893.072
  • Parcel #: 25231
  • Zoning: OTR Old Town Residential
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Dec 9, 2024
Sold by
Allahabi Nabil
Bought by
Zutrey Properties Llc
Seller's Agent
Justin Johnson
ESKEY & ASSOCIATES REALTY
Buyer's Agent
Katrina Fields
EXP Realty LLC
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%
Views
121
Current Estimated Value
$58,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,667
Avg. Annual Appreciation
26.50%
Original Mortgage
$110,400
Outstanding Balance
$109,695
Interest Rate
6.54%
Mortgage Type
Construction
Estimated Equity
-$51,028

Purchase Details

Closed on
Mar 30, 2023
Sold by
John M Stoneburner Declaration Of Trust
Bought by
Allahabi Nabil
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $50,000 All Virginia Title
Bargain Sale Deed $50,000 All Virginia Title
Bargain Sale Deed $5,000 All-Virginia Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,400 Construction
Closed $110,400 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Sold $50,000 -33.3% $24 / Sq Ft
10/03/2024 10/03/24 For Sale $75,000 -- $36 / Sq Ft
Source: Dan River Region Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $93 $11,200 $2,500 $8,700
2023 $120 $14,300 $2,500 $11,800
2022 $120 $14,300 $2,500 $11,800
2021 $122 $14,500 $2,500 $12,000
2020 $122 $14,500 $2,500 $12,000
2019 $129 $15,400 $2,500 $12,900
2018 $123 $15,400 $2,500 $12,900
2017 $139 $17,400 $3,800 $13,600
2016 $127 $17,400 $3,800 $13,600
2015 $123 $16,800 $3,800 $13,000
2014 $123 $16,800 $3,800 $13,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 72385

APN: 25231