$136,000
SOLD SEP 26, 2024

321 Floral Ave Unit 323 Danville, VA 24541

9 Beds
6 Baths
2,553 Sq Ft
5,619 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

9% Above List Price

10 Days on Market

About This Home

As of March 2025

Investor special. This is a multifamily property featuring two spacious units, each with 4 bedrooms and 2 baths. Perfect for investors, offering great rental potential and a prime location! Being sold AS IS.

Last Agent to Sell the Property

Ashley Wilson

WILKINS & CO., REALTORS, INC. Brokerage Phone: 4347974007 License #0225263926 Listed on: 08/30/2024

Last Buyer's Agent

Non Member Mls

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $380

Year Built

  • Built in 1940

Lot Details

  • 5,619 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,553 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Schools

  • Forest Hills Elementary School
  • O. Trent Bonner Middle School
  • GWHS High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for grounds care
  • Assessor Parcel Number 23506

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$380

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.129
  • Subdivision Name: N/A
  • Directions: Take Central Blvd. take a right onto Watson Street,take a left on Marshall Terr, right on Floral Ave house is on left
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 1940
  • Attribution Contact: 4347974007
  • Special Features: None

Interior Features

  • Owner Pays: Grounds Care
  • Total Bedrooms: 9
  • Flooring: Wood
  • Living Area: 2553

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: None
  • Property Condition: 75 Plus Years Old
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: One Car/Unit, On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Radiator
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Forest Hills
  • High School: Gwhs
  • Middle Or Junior School: O. Trent Bonner

Lot Info

  • Lot Size Sq Ft: 5619.24
  • Parcel #: 23506
  • Zoning: OTR Old Town Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 2
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 380
  • Tax Book Number: D13/3949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Feb 5, 2025
Sold by
Aj1 Re Llc
Bought by
Gerrells William Tyler
Seller's Agent
Grant Cockrell
RE/MAX ALL STARS
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$269,950
Sold Price
$250,000
Premium/Discount to List
-$19,950
-7.39%
Views
19
Current Estimated Value
$252,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,002
Avg. Annual Appreciation
-0.52%
Original Mortgage
$245,471
Outstanding Balance
$245,063
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$4,481

Purchase Details

Listed on
Aug 30, 2024
Closed on
Sep 13, 2024
Sold by
Mathew David and Cherry Paula Eileen
Bought by
Aji Re Llc
Seller's Agent
Ashley Wilson
WILKINS & CO., REALTORS, INC.
Buyer's Agent
Non Member Mls
NON MEMBER OFFICE
List Price
$125,000
Sold Price
$136,000
Premium/Discount to List
$11,000
8.8%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
275.65%
Original Mortgage
$139,997
Interest Rate
6.09%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 24, 2013
Sold by
Moss Trustee Marvin L and Marvin L Moss Trust
Bought by
Mathew David
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 Type Sale Price Title Company
Bargain Sale Deed $250,000 Fidelity National Title
Deed $136,000 Colonial Title
Special Warranty Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,471 FHA
Previous Owner $139,997 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $250,000 0.0% $98 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
11/25/2024 11/25/24 Price Changed $249,950 -7.4% $98 / Sq Ft
11/19/2024 11/19/24 For Sale $269,950 +98.5% $106 / Sq Ft
09/26/2024 09/26/24 Sold $136,000 +8.8% $53 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $125,000 -- $49 / 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 $896 $108,000 $6,300 $101,700
2023 $588 $70,000 $6,300 $63,700
2022 $588 $70,000 $6,300 $63,700
2021 $582 $69,300 $6,300 $63,000
2020 $582 $69,300 $6,300 $63,000
2019 $573 $68,200 $6,300 $61,900
2018 $546 $68,200 $6,300 $61,900
2017 $534 $66,800 $6,300 $60,500
2016 $488 $66,800 $6,300 $60,500
2015 $521 $71,300 $6,300 $65,000
2014 $521 $71,300 $6,300 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 71267

APN: 23506