NOT LISTED FOR SALE

217 Broad St Danville, VA 24541

Estimated Value: $89,266 - $134,000

2 Beds
2 Baths
1,867 Sq Ft
$61/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $71,000 $38 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $618/month

30 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Asbestos

About This Home

As of August 2022

GREAT OPPORTUNITY Don't miss this one!!!Just around the corner from Main streets fabulous restaurants, and within walking distance of Downtown, Averett, and Casino!! Property zoned duplex or could be converted back to its original zoning SFR, 217 is the main unit has new central heat no more than 2 years old, the water heater is also no more than 2 years old and feeds both units, there are both units have separate gas and electric meters, gutters installed 6 months ago. There are 2 gorgeous fireplaces, and a few rooms still offer hardwoods that could be refinished, each unit has it own laundry area, full baths, & access to the level, fenced-in back yard. The home was rented as a single family residence, tenant recently moved out. PROPERTY IS BEING SOLD AS-IS.

Last Agent to Sell the Property

Helen McKenzie

JACOBS REAL ESTATE License #0225105768 Listed on: 05/20/2022

Last Buyer's Agent

Helen McKenzie

JACOBS REAL ESTATE License #0225105768 Listed on: 05/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $191

Year Built

  • Built in 1940

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Metal Roof
  • Asbestos

Interior Spaces

  • 1,867 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 22698

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$191

Year Built

Built in 1940

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Sub Type: Attached Units
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Subdivision Name: No Subdivision
  • Directions: VA-413 N/Memorial Dr toward Downtown, turn right onto Cleveland St, slight left onto Broad St, destination will be on the right
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Owner Pays: None
  • Total Bedrooms: 2
  • Flooring: Hardwood, Vinyl, Wood
  • Living Area: 1867

Exterior Features

  • Construction Type: Asbestos
  • Property Condition: 41 to 75 Years Old
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: One Car/Unit

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 22698
  • Zoning: OTR
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 2
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 191
  • Tax Book Number: D15/4590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2024
Sold by
New Life Properties Ii Llc
Bought by
217 Broad Trust and John
Current Estimated Value
$114,067

Purchase Details

Listed on
May 20, 2022
Closed on
Aug 17, 2022
Sold by
West Martin C
Bought by
New Life Properties Ii Llc
Seller's Agent
Helen McKenzie
JACOBS REAL ESTATE
Buyer's Agent
Helen McKenzie
JACOBS REAL ESTATE
List Price
$65,000
Sold Price
$71,000
Premium/Discount to List
$6,000
9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%
Original Mortgage
$121,500
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 6, 2015
Closed on
Dec 9, 2015
Sold by
Davis Linda Adkins
Bought by
West Martin C
List Price
$21,900
Sold Price
$17,000
Premium/Discount to List
-$4,900
-22.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.82%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
217 Broad Trust -- None Listed On Document
New Life Properties Ii Llc $71,000 New Title Company Name
West Martin C $17,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner New Life Properties Ii Llc $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2022 08/17/22 Sold $71,000 +9.2% $38 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $65,000 +282.4% $35 / Sq Ft
12/11/2015 12/11/15 Sold $17,000 -22.4% $9 / Sq Ft View Prior Sale
11/11/2015 11/11/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $21,900 -- $12 / Sq Ft
Source: Dan River Region Association of REALTORS®

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
2025 $383 $46,100 $4,200 $41,900
2024 $383 $46,100 $4,200 $41,900
2023 $178 $21,200 $4,200 $17,000
2022 $178 $21,200 $4,200 $17,000
2021 $191 $22,700 $4,200 $18,500
2020 $191 $22,700 $4,200 $18,500
2019 $186 $22,100 $4,200 $17,900
2018 $177 $22,100 $4,200 $17,900
2017 $120 $15,000 $4,200 $10,800
2016 $110 $15,000 $4,200 $10,800
2015 $124 $17,000 $4,200 $12,800
2014 $124 $17,000 $4,200 $12,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 64880

APN: 22698

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