242 Lipton Ln Danville, VA 24541
3
Beds
2.5
Baths
1,975
Sq Ft
6,534
Sq Ft Lot
Highlights
- Recreation Room
- Great Room
- Storm Windows
- Main Floor Bedroom
- Fireplace
- Storage Room
About This Home
As of March 2023Nice large home conveniently located close to schools, shopping and medical offices. Freshly painted and new carpeting...move in ready! 3 Bedrooms, 2.5 baths, large family room in basement with gas fireplace!
Last Agent to Sell the Property
RAMSEY YEATTS & ASSOCIATES, REALTORS License #0225221383 Listed on: 03/26/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $718
Year Built
- Built in 1971
Lot Details
- 6,534 Sq Ft Lot
- Property is zoned R1
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Fireplace
- Great Room
- Recreation Room
- Storage Room
- Washer and Electric Dryer Hookup
- Partially Finished Basement
- Laundry in Basement
- Storm Windows
Kitchen
- Electric Range
- Dishwasher
Flooring
- Wall to Wall Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
Parking
- No Garage
- Driveway
Outdoor Features
- Stoop
Schools
- Park Avenue Elementary School
- Westwood Middle School
- GWHS High School
Utilities
- Central Air
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2023
Closed on
Mar 22, 2023
Sold by
Secretary/Housing & Urban Dev
Bought by
Saleem Sheza and Saleem Wasi Bin
Seller's Agent
Helen McKenzie
JACOBS REAL ESTATE
Buyer's Agent
Helen McKenzie
JACOBS REAL ESTATE
List Price
$113,000
Sold Price
$113,000
Views
377
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,099
Avg. Annual Appreciation
21.94%
Original Mortgage
$109,610
Outstanding Balance
$107,147
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$75,489
Purchase Details
Closed on
Nov 3, 2022
Sold by
Citizens Bank Na
Bought by
Secretary Of Housing And Urban Development
Purchase Details
Closed on
Oct 17, 2022
Sold by
Samuel I White Pc
Bought by
Citizens Bank Na
Purchase Details
Closed on
Jul 22, 2021
Sold by
Samuel I White Pc
Bought by
Citizens Bank Na
Purchase Details
Listed on
Mar 26, 2018
Closed on
Jun 15, 2018
Sold by
Lovelace Bevin
Bought by
Bass Sara L
Seller's Agent
Debra Fugate
RAMSEY YEATTS & ASSOCIATES, REALTORS
List Price
$94,900
Sold Price
$92,500
Premium/Discount to List
-$2,400
-2.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$90,811
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 18, 2017
Sold by
Lovelace Adam and Lovelace Bevin
Bought by
Lovelace Bevin
Similar Homes in Danville, VA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $113,000 | Commonwealth Land Title Ins | |
| Deed | $144,840 | -- | |
| Trustee Deed | $144,840 | -- | |
| Trustee Deed | $69,300 | None Available | |
| Warranty Deed | $92,500 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $109,610 | New Conventional | |
| Previous Owner | $90,811 | FHA | |
| Previous Owner | $17,000 | Stand Alone Second | |
| Previous Owner | $89,100 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2023 03/29/23 | Sold | $113,000 | 0.0% | $57 / Sq Ft |
| 01/23/2023 01/23/23 | Pending | -- | -- | -- |
| 01/14/2023 01/14/23 | For Sale | $113,000 | +22.2% | $57 / Sq Ft |
| 06/15/2018 06/15/18 | Sold | $92,500 | -2.5% | $47 / Sq Ft |
| 06/13/2018 06/13/18 | Pending | -- | -- | -- |
| 03/26/2018 03/26/18 | For Sale | $94,900 | -- | $48 / Sq Ft |
Source: Dan River Region Association of REALTORS®
Tax History Compared to Growth
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 | $847 | $102,000 | $4,300 | $97,700 |
| 2023 | $801 | $95,400 | $4,300 | $91,100 |
| 2022 | $801 | $95,400 | $4,300 | $91,100 |
| 2021 | $771 | $91,800 | $4,300 | $87,500 |
| 2020 | $771 | $91,800 | $4,300 | $87,500 |
| 2019 | $753 | $89,700 | $4,300 | $85,400 |
| 2018 | $718 | $89,700 | $4,300 | $85,400 |
| 2017 | $786 | $98,300 | $4,300 | $94,000 |
| 2016 | $718 | $98,300 | $4,300 | $94,000 |
| 2015 | $743 | $101,800 | $4,300 | $97,500 |
| 2014 | $743 | $101,800 | $4,300 | $97,500 |
Source: Public Records
Agents Affiliated with this Home
-
Helen McKenzie
H
Seller's Agent in 2023
Helen McKenzie
JACOBS REAL ESTATE
(434) 793-4840
129 Total Sales
-
Debra Fugate
Seller's Agent in 2018
Debra Fugate
RAMSEY YEATTS & ASSOCIATES, REALTORS
(434) 799-6200
182 Total Sales
Map
Source: Dan River Region Association of REALTORS®
MLS Number: 57749
APN: 56149
Nearby Homes
- 119 Martin Ave
- 25 Baldwin St
- 0 Riverside Dr
- 0 Rosemary Ln
- 225 Stonegate Way
- 217 Stonegate Way
- 127 Concord St
- 217 Fairmont Cir
- 140 Camden St
- 105 Huntington Place
- 207 Stanley Dr
- 270 Cambridge Cir
- 530 Rosemary Ln
- 133 Sheffield Dr
- 1244 Westover Dr
- 301 Sheffield Dr
- 48 Oak Ridge Ave
- 180 Wood Ave
- 106 Newbury Way
- 11.3 Blair Loop Rd