$58,000
SOLD AUG 15, 2025

324 E Thomas St Danville, VA 24540

-- Bed
-- Bath
2,464 Sq Ft
3,624 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

17% Below List Price

10 Days on Market

About This Home

As of August 2025

Prime investor opportunity! This duplex is a diamond in the rough, offering major upside potential with a value-add renovation. Currently priced below market, it's perfect for investors looking to force appreciation and boost cash flow. Strong rental demand in the area ensures high returns once updated. Bring your contractor and turn this into a high-performing asset—ideal for building long-term wealth!

Last Agent to Sell the Property

Ivy Stewart

Real Broker LLC Brokerage Email: membership@therealbrokerage.com License #0225272928 Listed on: 07/14/2025

Real Broker LLC

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $122

Year Built

  • Built in 1908

Lot Details

  • 3,624 Sq Ft Lot
  • Level Lot

Parking

  • No Garage

Home Design

  • Fire Rated Drywall
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,464 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops

Schools

  • Forest Hills Elementary School
  • Westwood Middle School
  • George Washington High School

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 02992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$122

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1908
  • Attribution Contact: membership@therealbrokerage.com
  • Lot Size Acres: 0.0832
  • Ownership: Other
  • Subdivision Name: None
  • Architectural Style: Two Story, Low Rise
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Actual
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Other
  • Basement YN: No
  • Below Grade Sq Ft: 1232.0
  • Interior Amenities: Laminate Counters
  • Living Area: 2464.0
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Level
  • Waterfront: No
  • Disclosures: Familial Relation, Owner Is Listing Agent
  • Construction Type: Drywall, Other, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage, None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Westwood

Lot Info

  • Parcel Number: 02992
  • Zoning Description: OTR

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 122.02

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Forest Hills
  • High School: George Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2025
Closed on
Aug 13, 2025
Sold by
Is Contracting Llc
Bought by
Curtis Investment Holdings Llc
Seller's Agent
Ivy Stewart
Real Broker LLC
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$70,000
Sold Price
$58,000
Premium/Discount to List
-$12,000
-17.14%
Views
63
Current Estimated Value
$60,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,484
Avg. Annual Appreciation
12.73%

Purchase Details

Closed on
May 31, 2025
Sold by
Stewart Allen Eugene
Bought by
Is Contracting Llc

Purchase Details

Closed on
Mar 6, 2018
Sold by
Davis Rental Real Estate Inc A Virginia
Bought by
Richmond Wholesale Deals Llc A Virginia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deed $58,000 Investors Title
Deed $58,000 Investors Title
Gift Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Warranty Deed $9,000 All Va Title & Escrow Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Sold $58,000 -17.1% $24 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $70,000 -- $28 / Sq Ft
Source: Central Virginia Regional MLS

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
2025 $122 $14,700 $1,000 $13,700
2024 $122 $14,700 $1,000 $13,700
2023 $102 $12,200 $1,000 $11,200
2022 $102 $12,200 $1,000 $11,200
2021 $108 $12,900 $1,000 $11,900
2020 $108 $12,900 $1,000 $11,900
2019 $112 $13,300 $1,000 $12,300
2018 $106 $13,300 $1,000 $12,300
2017 $111 $13,900 $2,000 $11,900
2016 $101 $13,900 $2,000 $11,900
2015 $100 $13,700 $2,000 $11,700
2014 $100 $13,700 $2,000 $11,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2519781

Central Virginia Regional MLS

APN: 02992