NOT LISTED FOR SALE

405 Richmond Ave Unit 407 Danville, VA 24540

Estimated Value: $66,000 - $125,000

1 Bed
2 Baths
1,612 Sq Ft
$54/Sq Ft Est. Value

About This Home

This home is located at 405 Richmond Ave Unit 407, Danville, VA 24540 and is currently estimated at $87,000, approximately $53 per square foot. 405 Richmond Ave Unit 407 is a home located in Danville City with nearby schools including White Oak School and Epiphany Episcopal School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Lumbu Managements Llc
Bought by
M & M Signature Homes Llc
Current Estimated Value
$87,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
5.17%

Purchase Details

Closed on
Jun 23, 2022
Sold by
Lumbu Managements Llc
Bought by
Lumbu Managements Llc

Purchase Details

Closed on
Nov 5, 2021
Sold by
Jones Fred and Neal Linda Owens
Bought by
Lumbu Managements Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
M & M Signature Homes Llc $36,000 Impact Title & Settlement Llc
Lumbu Managements Llc -- Opn Law Plc
Lumbu Managements Llc $20,500 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed M & M Signature Homes Llc $26,000
Source: Public Records

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 $192 $23,100 $900 $22,200
2023 $70 $16,600 $900 $15,700
2022 $70 $16,600 $900 $15,700
2021 $136 $16,200 $900 $15,300
2020 $136 $16,200 $900 $15,300
2019 $144 $17,100 $900 $16,200
2018 $137 $17,100 $900 $16,200
2017 $151 $18,900 $1,800 $17,100
2016 $138 $18,900 $1,800 $17,100
2015 $134 $18,400 $1,800 $16,600
2014 $134 $18,400 $1,800 $16,600
Source: Public Records

Map

Virginia Danville City County Danville 24540

405 Richmond Ave Unit 407, Danville, VA

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