318 Farrar St Danville, VA 24540
4
Beds
2
Baths
2,040
Sq Ft
0.3
Acres
Highlights
- Traditional Architecture
- Fireplace
- Forced Air Heating and Cooling System
- Wood Flooring
About This Home
As of April 2025Investor Special – Over 2,000 Sq Ft in Danville, VA! Selling As-Is! Unlock the potential in this spacious 3-bedroom, 2-bathroom home boasting 2,000+ sq ft of opportunity! Whether you're looking to expand your rental portfolio or start your real estate journey, this is the deal you've been waiting for. Potential monthly income of $1,165 based on current Fair Market Rent in the area! SOLD AS-IS – bring your vision and turn this solid home into a cash-flowing asset. Features a package unit HVAC, ample living space, and a layout ideal for renters or resale. Conveniently located in Danville, VA – a growing market with great long-term potential. Investor's Dream – Renovate, rent, or flip – the choice is yours! Don't miss out on this Diamond in the rough.
Last Agent to Sell the Property
HAUSER REALTY GROUP Brokerage Email: 4347923000, kellihauser@comcast.net License #0225213465 Listed on: 04/11/2025
Last Buyer's Agent
Non Member Mls
NON MEMBER OFFICE
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $312
Lot Details
- 0.3 Acre Lot
- Property is zoned OTR
Parking
- No Garage
Home Design
- Traditional Architecture
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2,040 Sq Ft Home
- 2-Story Property
- Fireplace
- Wood Flooring
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Stoop
Schools
- Woodberry Hills Elementary School
- Westwood Middle School
- GWHS High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 02357
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 17, 2019
Sold by
Vaughan Stuart Wayne
Bought by
Epi Rentals Llc and Journey Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
3.5%
Purchase Details
Closed on
Oct 11, 2019
Sold by
Sre Llc
Bought by
Vaughan Stuart Wayne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
3.5%
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 |
|---|---|---|---|
| Bargain Sale Deed | $25,000 | All Virginia Title | |
| Warranty Deed | $25,000 | All Va Title & Escrow Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $24,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Sale | $170,000 | +240.0% | $83 / Sq Ft |
| 04/28/2025 04/28/25 | Sold | $50,000 | -16.5% | $25 / Sq Ft |
| 04/15/2025 04/15/25 | Pending | -- | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $59,900 | -- | $29 / 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 | $312 | $37,600 | $1,900 | $35,700 |
| 2023 | $208 | $24,800 | $1,900 | $22,900 |
| 2022 | $208 | $24,800 | $1,900 | $22,900 |
| 2021 | $214 | $25,500 | $1,900 | $23,600 |
| 2020 | $214 | $25,500 | $1,900 | $23,600 |
| 2019 | $217 | $25,800 | $1,900 | $23,900 |
| 2018 | $206 | $25,800 | $1,900 | $23,900 |
| 2017 | $215 | $26,900 | $3,700 | $23,200 |
| 2016 | $196 | $26,900 | $3,700 | $23,200 |
| 2015 | $200 | $27,400 | $3,700 | $23,700 |
| 2014 | $200 | $27,400 | $3,700 | $23,700 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2025
Laura Coles
BHHS Dawson Ford Garbee-Forest
-
K
Seller's Agent in 2025
Kelly Jones
HAUSER REALTY GROUP
-
N
Buyer's Agent in 2025
Non Member Mls
NON MEMBER OFFICE
Map
Source: Dan River Region Association of REALTORS®
MLS Number: 74104
APN: 02357
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