NOT LISTED FOR SALE

2177 N Main St Danville, VA 24540

Estimated Value: $59,000 - $1,304,000

4 Beds
2 Baths
2,374 Sq Ft
$208/Sq Ft Est. Value

Last Sold January 14, 2020

Last sale price $29,000 $12 Per Sq Ft

Est. 1,605% increase in value since last sale

Current estimated payment $2,639/month

8 Days on Market

Highlights

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

About This Home

As of January 2020

Investment Package! Start your rental business today! Selling 5 properties together for one price. 123 Fuller currently rented at $500/month with new roof and new HVAC, 889 Glendale Ave empty, 618/620 Oxford Duplex both sides rented $400/month and $300/month, 2177 N. Main Street Duplex both sides rented $475/month and $480/month, 203 Kinzer empty. Selling as is.

Last Agent to Sell the Property

Kelly Jones

HAUSER REALTY GROUP License #0225213465 Listed on: 12/02/2019

Last Buyer's Agent

Christen Hammock

WILKINS & CO., REALTORS, INC. License #0225240498

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $483

Year Built

  • Built in 1954

Lot Details

  • 0.48 Acre Lot

Home Design

  • Duplex
  • New Roof
  • Brick Exterior Construction

Interior Spaces

  • 2,374 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • G.L.H. Johnson Elementary School
  • Bonner Middle School
  • GWHS High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Furnace

Listing and Financial Details

  • The owner pays for water

Community Details

Overview

  • 2 Units
  • North Main Subdivision

Building Details

  • New Taxes Expense $40
  • Gross Income $11,460
  • Net Operating Income $11,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$483

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.48
  • Subdivision Name: North Main
  • Directions: From Riverside Dr take a left onto N. main street duplex on the left
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Appliances: Two Bedrom Unit(Refrigerator,Range)
  • Owner Pays: Water
  • Total Bedrooms: 4
  • Door Features: Two Bedrom Unit(Storm Doors)
  • Flooring: Wall/Wall Carpet, Wood, Vinyl
  • Living Area: 2374

Exterior Features

  • Construction Type: Brick
  • Exterior Features: None
  • Property Condition: 41 to 75 Years Old
  • Roof: New

Garage/Parking

  • Attached Garage: No
  • Parking Features: Two Cars/Unit

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: G.L.H. Johnson
  • High School: Gwhs
  • Middle Or Junior School: Bonner

Lot Info

  • Lot Size Sq Ft: 20908.8
  • Parcel #: 0
  • Zoning: OTR
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 11460
  • Property Net Operating Income: 11460
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • New Taxes Expense: 40.31
  • Tax Annual Amount: 483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Jan 8, 2020
Sold by
Parker Road Llc
Bought by
Elkins Rental Llc
Seller's Agent
Kelly Jones
HAUSER REALTY GROUP
Buyer's Agent
Christen Hammock
WILKINS & CO., REALTORS, INC.
List Price
$173,000
Sold Price
$29,000
Premium/Discount to List
-$144,000
-83.24%
Current Estimated Value
$494,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,333
Avg. Annual Appreciation
63.20%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elkins Rental Llc $145,000 All Va Title & Escrow Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2020 01/14/20 Sold $29,000 -83.2% $12 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
12/02/2019 12/02/19 For Sale $173,000 -- $73 / 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 $557 $67,100 $5,500 $61,600
2023 $470 $55,900 $5,500 $50,400
2022 $470 $55,900 $5,500 $50,400
2021 $472 $56,200 $5,500 $50,700
2020 $472 $56,200 $5,500 $50,700
2019 $480 $57,200 $5,500 $51,700
2018 $458 $57,200 $5,500 $51,700
2017 $567 $70,900 $8,200 $62,700
2016 $518 $70,900 $8,200 $62,700
2015 $568 $77,800 $8,200 $69,600
2014 $568 $77,800 $8,200 $69,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Dan River Region Association of REALTORS®

MLS Number: 60409

APN: 01489