NOT LISTED FOR SALE

424 Memorial Dr Danville, VA 24541

Danville Area

Estimated Value: $5,640,588

Studio
-- Baths
657,307 Sq Ft
$9/Sq Ft Est. Value

About This Home

This home is located at 424 Memorial Dr, Danville, VA 24541 and is currently priced at $5,640,588, approximately $8 per square foot. 424 Memorial Dr is a home located in Danville City with nearby schools including Sacred Heart Catholic School, White Oak School, and Epiphany Episcopal School.

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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2025
Sold by
White Mill Apartments Llc and White Mill Shell & Commercial Llc
Bought by
Current Estimated Value
$5,640,588

Purchase Details

Closed on
Dec 15, 2022
Sold by
424 Memorial Drive Llc
Bought by
White Mill Shell & Commercial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2022
Sold by
424 Memorial Drive Llc
Bought by
Industrial Development Authority Of Danville

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2017
Sold by
Industural Development Authority Of Danv
Bought by
424 Memorial Drive Llc A Virginia Limite

Purchase Details

Closed on
Jun 9, 2017
Sold by
White Mill Development Llc A Delaware Li
Bought by
Industrial Develoment Authority Of Danvi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
4.03%
Mortgage Type
Commercial
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
White Mill Shell & Commercial Llc -- First American Title
White Mill Apartments Llc -- First American Title
White Mill Unit 3 Llc -- First American Title
Industrial Development Authority Of Danville -- --
424 Memorial Drive Llc A Virginia Limite -- None Available
Industrial Develoment Authority Of Danvi $3,000,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,840,000
Previous Owner White Mill Unit 3 Llc $5,456,941
Previous Owner White Mill Unit 3 Llc $3,918,216
Previous Owner White Mill Unit 3 Llc $21,000,000
Previous Owner Industrial Develoment Authority Of Danvi $1,350,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $93,934 $22,634,700 $510,800 $22,123,900
2024 $93,934 $6,040,900 $510,800 $5,530,100
2023 $9,184 $1,093,300 $510,800 $582,500
2022 $9,965 $1,407,500 $825,000 $582,500
2021 $11,293 $1,344,400 $825,000 $519,400
2020 $11,293 $1,344,400 $825,000 $519,400
2019 $11,022 $1,312,100 $825,000 $487,100
2018 $10,497 $1,312,100 $825,000 $487,100
2017 $10,510 $1,313,700 $825,000 $488,700
2016 $9,590 $1,313,700 $825,000 $488,700
2015 $9,506 $1,302,200 $825,000 $477,200
2014 $10,792 $1,478,300 $1,001,100 $477,200
Source: Public Records

Map

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