NOT LISTED FOR SALE

220 Locust Ln Danville, VA 24540

Estimated Value: $98,000 - $145,000

2 Beds
1 Bath
770 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $125,000 $162 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $671/month

69 Days on Market

Highlights

  • Bungalow
  • Vinyl Plank Flooring
  • 1-Story Property
  • Garden

About This Home

As of August 2024

Discover simplicity and style in this inviting 2-bedroom, 1-bathroom haven! Immerse yourself in the allure of new luxury vinyl plank flooring, offering both durability and aesthetic appeal. Fresh paint breathes new life into every corner, creating a canvas for your personal touch. Stay comfortable year-round with the 2022-installed heat pump, ensuring efficient climate control. With a full basement offering ample storage, organization is effortless. Enjoy the ease of single-level living, perfect for all stages of life. This charming residence promises both comfort and convenience, ready to welcome you home.

Last Agent to Sell the Property

Stacy Powell

Keller Williams License #0225225057 Listed on: 05/10/2024

Keller Williams

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $285

Year Built

  • Built in 1951

Lot Details

  • 10,332 Sq Ft Lot
  • Garden
  • Property is zoned OTR

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1 Full Bathroom
  • 770 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring
  • Basement Fills Entire Space Under The House
  • Attic Access Panel
  • Electric Range
  • Washer and Dryer Hookup

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 00397

Home Details

Home Type

Single Family

Est. Annual Taxes

$285

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Directions: West on Riverside Drive; Left on Locust Lane; house on Right
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1951
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 770.00
  • Architectural Style: Bungalow
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Full
  • Flooring: Vinyl Plank
  • Formal Dining: 10x10.30 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Main Level Bedroom
  • Dining Kitchen: 8.70x10.30 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 18.50x11.30 Level: Level 1 Above Grade
  • Master Bedroom: 11.11x10.10 Level: Level 1 Above Grade
  • Appliances: Range-Elec, Refrigerator
  • Stories: One
  • Second Bedroom: 8.90x13.40 Level: Level 1 Above Grade
  • Room Master Bedroom Area: 112.211000
  • Room Kitchen Area: 89.610000
  • Room Living Room Area: 209.050000
  • Room Bedroom2 Area: 119.260000
  • MasterBedroomDimensions Dim: 11.110 x 10.100
  • Kitchen Dim: 8.700 x 10.300
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 10.100

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: City

Schools

  • Junior High Dist: Other

Lot Info

  • Zoning: OTR
  • Acres: 0.2372
  • Lot Size Sq Ft: 10332.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 00397
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 285

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Aug 6, 2024
Sold by
Dva Holdings Llc
Bought by
Hatcher Sebron
Seller's Agent
Stacy Powell
Keller Williams
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Views
74
Current Estimated Value
$127,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,657
Avg. Annual Appreciation
1.77%
Original Mortgage
$121,250
Outstanding Balance
$119,899
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$7,758

Purchase Details

Closed on
Nov 17, 2021
Sold by
Holley Durend Neal and Holley Landon Wayne
Bought by
Dva Holdings Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Hatcher Sebron $125,000 Fidelity National Title
Dva Holdings Llc $1,798,000 New Title Company Name
Dva Holdings Llc $1,798,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatcher Sebron $121,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $125,000 +4.3% $162 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/10/2024 07/10/24 Price Changed $119,900 -7.7% $156 / Sq Ft
06/21/2024 06/21/24 For Sale $129,900 0.0% $169 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $129,900 -- $169 / Sq Ft
Source: Lynchburg 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 $19 $41,400 $1,900 $39,500
2023 $317 $37,800 $1,900 $35,900
2022 $318 $37,800 $1,900 $35,900
2021 $315 $37,500 $1,900 $35,600
2020 $315 $37,500 $1,900 $35,600
2019 $324 $38,600 $1,900 $36,700
2018 $309 $38,600 $1,900 $36,700
2017 $305 $38,100 $2,900 $35,200
2016 $278 $38,100 $2,900 $35,200
2015 $286 $39,200 $2,900 $36,300
2014 $286 $39,200 $2,900 $36,300
Source: Public Records

Agents Affiliated with this Home

  • Stacy Powell

    Seller's Agent in 2024

    Stacy Powell

    Keller Williams

    (434) 444-1983

    428 Total Sales

    Stacy Powell
    Section Image
  • Meredith Ford

    Buyer's Agent in 2024

    Meredith Ford

    OUT OF AREA BROKER

    (434) 385-8760

    2,742 Total Sales

    Meredith Ford
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 351993

APN: 00397

Virginia Danville City County Danville 24540

220 Locust Ln, Danville, VA

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