NOT LISTED FOR SALE

223 Locust Ln Danville, VA 24540

Estimated Value: $111,000 - $129,000

2 Beds
1 Bath
1,089 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $119,000 $109 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $666/month

94 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Ceiling Fan
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of October 2024

A great investment opportunity awaits! This 2 bedroom, 1 bathroom home has been updated within the last few months with new waterproof LVP floors, freshly painted, new countertops in kitchen, and new bottom cabinets. In the last few years, the roof, electrical, and windows were updated by previous owner. The bathroom renovation was just completed (8/23/24). This house is being sold as-is.

Last Agent to Sell the Property

Kelly Oakes

ESKEY & ASSOCIATES REALTY Brokerage Phone: 4347974663 License #0225248309 Listed on: 07/03/2024

Last Buyer's Agent

Non Member Mls

NON MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $450

Year Built

  • Built in 1940

Lot Details

  • 9,052 Sq Ft Lot
  • Property is zoned OTR

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,089 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Crawl Space
  • Electric Range
  • Washer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace

Listing and Financial Details

  • Assessor Parcel Number 02542

Home Details

Home Type

Single Family

Est. Annual Taxes

$450

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2078
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: Riverside Dr., left on Locust Lane, house on the left
  • Above Grade Finished Sq Ft: 1089
  • Architectural Style: Traditional
  • Carport Y N: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1940
  • Attribution Contact: 4347974663
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1089

Exterior Features

  • Lot Features: Less than 1 acre
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Property Condition: 75 Plus Years Old
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, Hard Surface Drive

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Natural Gas, Furnace, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 9051.768
  • Parcel #: 02542
  • Zoning: OTR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Oct 9, 2024
Sold by
Jaimes Family Rental Llc
Bought by
Dreamrentals Wyoming Llc
Seller's Agent
Kelly Oakes
ESKEY & ASSOCIATES REALTY
Buyer's Agent
Non Member Mls
NON MEMBER OFFICE
List Price
$119,000
Sold Price
$119,000
Views
60
Current Estimated Value
$120,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,042
Avg. Annual Appreciation
0.83%
Original Mortgage
$89,250
Outstanding Balance
$88,312
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$31,730

Purchase Details

Listed on
Aug 15, 2023
Closed on
Nov 29, 2023
Sold by
Bennett Hope M
Bought by
Jaimes Family Rental Llc
Seller's Agent
Helen McKenzie
JACOBS REAL ESTATE
Buyer's Agent
Kelly Oakes
WILKINS & CO., REALTORS, INC.
List Price
$70,000
Sold Price
$79,000
Premium/Discount to List
$9,000
12.86%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.83%
Original Mortgage
$63,200
Interest Rate
6.81%
Mortgage Type
New Conventional
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
Dreamrentals Wyoming Llc $119,000 All Virginia Title
Jaimes Family Rental Llc $79,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dreamrentals Wyoming Llc $89,250
Previous Owner Jaimes Family Rental Llc $63,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2024 10/10/24 Sold $119,000 0.0% $109 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
07/04/2024 07/04/24 For Sale $119,000 +50.6% $109 / Sq Ft
12/20/2023 12/20/23 Sold $79,000 +12.9% $73 / Sq Ft View Prior Sale
08/19/2023 08/19/23 For Sale $70,000 -- $64 / 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 $461 $55,600 $3,000 $52,600
2023 $175 $41,600 $3,000 $38,600
2022 $349 $41,600 $3,000 $38,600
2021 $354 $42,100 $3,000 $39,100
2020 $354 $42,100 $3,000 $39,100
2019 $348 $41,400 $3,000 $38,400
2018 $331 $41,400 $3,000 $38,400
2017 $344 $43,000 $4,500 $38,500
2016 $314 $43,000 $4,500 $38,500
2015 $321 $44,000 $4,500 $39,500
2014 $321 $44,000 $4,500 $39,500
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: 69995

APN: 02542