$250,000
SOLD MAR 12, 2025

321 Floral Ave Unit 323 Danville, VA 24541

-- Bed
-- Bath
2,553 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

7% Below List Price

31 Days on Market

Highlights

  • No HOA
  • Storage
  • Laundry Facilities
  • Breakfast Area or Nook
  • Ceiling Fan

About This Home

As of March 2025

Property is Preapproved - Attention investors. .. this is a wonderful opportunity to own a turnkey duplex that the seller has gotten preapproved for a loan with a national lender. No W2 or Tax returns needed. Worried about property management? The seller can connect you with a professional property management company in the area that is interested in managing. Not an investor, live in one of the apts and rent out the other and have almost all of your monthly payment paid for. This property is completely renovated on both sides. Features include all new flooring, lighting and paint, 3 large BRs per side (one on the entry level on both sides), large dining rooms and beautiful remodeled kitchens. Bathrooms are also updated with new vanities, fixtures and lighting and both have a laundry

Last Agent to Sell the Property

Grant Cockrell

RE/MAX ALL STARS License #0225175737 Listed on: 11/19/2024

RE/MAX ALL STARS

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,553 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Crawl Space
  • Breakfast Area or Nook

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $2,000
  • New Taxes Expense $896
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$896

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Storage
  • Heating System: Radiator Gas Heat
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Window A/C
  • CondoAssocYN: No
  • ExpensesTaxExp: 896.00
  • Major Area: 15 - City of Danville
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2024-12-20
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Laundry Facility

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.13
  • Present Use: Built-As

Building Info

  • Year Built: 1940

Tax Info

  • Taxes (6 mo): 896.00
  • FILLTAXID: 1607022000028000

Multi Family

  • Tenant Pays: All Utilities
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

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: Roanoke Valley 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

  • Grant Cockrell

    Seller's Agent in 2025

    Grant Cockrell

    RE/MAX

    (540) 580-8232

    190 Total Sales

    Grant Cockrell
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member Transaction Agent

    Non-Member Transaction Office

  • A

    Seller's Agent in 2024

    Ashley Wilson

    WILKINS & CO., REALTORS, INC.

    (434) 797-4007

    27 Total Sales

    Ashley Wilson
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member Mls

    NON MEMBER OFFICE

See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 912545

Roanoke Valley Association of REALTORS®

APN: 23506

Virginia Danville City County Danville 24541

321 Floral Ave Unit 323, Danville, VA

This home is located at 321 Floral Ave Unit 323, Danville, VA 24541 and is currently priced at $250,000, approximately $97 per square foot. This property was built in 1940. 321 Floral Ave Unit 323 is a home located in Danville City with nearby schools including Sacred Heart Catholic School, Epiphany Episcopal School, and White Oak School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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