NOT LISTED FOR SALE

4588 Old Richmond Rd Danville, VA 24540

Estimated Value: $190,000 - $316,000

3 Beds
2 Baths
1,588 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $307,000 $193 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,543/month

77 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Cooling Available
  • Southside Elementary School Rated A-
  • Fireplace
  • Laundry Room

About This Home

As of May 2024

Country setting with long range views. This brick ranch has been completely remodeled. Updates include new kitchen with quartz countertops and stainless appliances, remodeled baths, new flooring, gas log fireplace with walnut mantle, new lighting, replacement windows, new deck and new heat pump. There is a full unfinished basement, double carport with storage room and did i mention great views. Septic was pumped in January. SELLER IS OFFERING $3,000 TOWARDS CLOSING COST AND 90 DAY FREE LAWN SERVICE WITH AN ACCEPTED OFFER.

Last Agent to Sell the Property

Kevin Amos

ELIZABETH WARE REALTORS Brokerage Phone: 4348350000 License #0225203448 Listed on: 03/13/2024

Last Buyer's Agent

Kelly Oakes

WILKINS & CO., REALTORS, INC. License #0225248309

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 1966

Lot Details

  • 1.86 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,588 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway

Outdoor Features

  • Deck

Schools

  • Kentuck Elementary School
  • Dan River Middle School
  • Dan River High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2339242160

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,065

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.86
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: Riverside Dr to N Main St, Right on Old Richmond Rd, property on the right.
  • Above Grade Finished Sq Ft: 1588
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1966
  • Attribution Contact: 4348350000
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1588

Exterior Features

  • Lot Features: 1-5 acres, Level
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck
  • Property Condition: 41 to 75 Years Old
  • Roof: 11 to 15 Years Old

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Carport-Double Attached, Hard Surface Drive
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: Kentuck
  • High School: Dan River
  • Middle Or Junior School: Dan River

Lot Info

  • Lot Size Sq Ft: 81021.6
  • Additional Parcels Description: 2339231978
  • Parcel #: 2339242160
  • Zoning: R-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 30, 2024
Sold by
Revient Reclaimed Raleigh Llc
Bought by
Ferrell Alexander R
Seller's Agent
Kevin Amos
ELIZABETH WARE REALTORS
Buyer's Agent
Kelly Oakes
WILKINS & CO., REALTORS, INC.
List Price
$349,000
Sold Price
$307,000
Premium/Discount to List
-$42,000
-12.03%
Views
300
Current Estimated Value
$273,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,048
Avg. Annual Appreciation
-3.69%
Original Mortgage
$301,439
Outstanding Balance
$298,951
Interest Rate
7.1%
Mortgage Type
FHA
Estimated Equity
-$5,807

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 16, 2023
Sold by
C-W Inc
Bought by
Revient Reclaimed Raleigh Llc
Seller's Agent
Jay Johnston
WILKINS & CO., REALTORS, INC.
Buyer's Agent
Kevin Amos
ELIZABETH WARE REALTORS
List Price
$179,999
Sold Price
$160,000
Premium/Discount to List
-$19,999
-11.11%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
250.16%

Purchase Details

Listed on
Sep 10, 2013
Closed on
Oct 24, 2013
Sold by
Carter James A
Bought by
C W Inc
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Source: Public Records

Range of Values:

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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
Ferrell Alexander R $307,000 Fidelity National Title
Revient Reclaimed Raleigh Llc $160,000 First American Title
C W Inc $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrell Alexander R $301,439
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $307,000 +2.7% $193 / Sq Ft
04/15/2024 04/15/24 Price Changed $299,000 -6.3% $188 / Sq Ft
04/11/2024 04/11/24 Price Changed $319,000 -3.0% $201 / Sq Ft
04/08/2024 04/08/24 Price Changed $329,000 -2.9% $207 / Sq Ft
04/04/2024 04/04/24 Price Changed $339,000 -2.9% $213 / Sq Ft
03/13/2024 03/13/24 For Sale $349,000 +118.1% $220 / Sq Ft
11/22/2023 11/22/23 Sold $160,000 -11.1% $101 / Sq Ft
10/20/2023 10/20/23 For Sale $179,999 +56.5% $113 / Sq Ft
11/07/2013 11/07/13 Sold $115,000 -17.8% $72 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $139,900 -- $88 / 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
2025 $1,063 $189,800 $18,000 $171,800
2024 $1,063 $189,800 $18,000 $171,800
2023 $1,063 $189,800 $18,000 $171,800
2022 $898 $125,500 $18,000 $107,500
2021 $778 $125,500 $18,000 $107,500
2020 $778 $125,500 $18,000 $107,500
2019 $778 $125,500 $18,000 $107,500
2018 $778 $125,500 $18,000 $107,500
2017 $705 $125,500 $18,000 $107,500
2016 $705 $119,500 $12,000 $107,500
2015 $705 $119,500 $12,000 $107,500
2011 -- $118,000 $10,500 $107,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 69538

APN: 2339-24-2160