$118,000
SOLD MAY 6, 2024

517 Locust Ln Danville, VA 24540

3 Beds
3 Baths
1,800 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

13% Below List Price

61 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Bungalow
  • Main Floor Primary Bedroom
  • Laundry Room
  • Dining Room

About This Home

As of May 2024

Listed AS IS, this Danville gem in a tranquil neighborhood blends historic allure with modern updates. Original wooden floors, treated for durability, span both levels. Bathrooms are renovated with mold-resistant materials and waterproof laminate flooring, mirroring the kitchen's new aesthetic—complete with cabinets, countertops, and a gas oven. Windows are freshly replaced, enhancing the kitchen's remodel. The unfinished basement holds vast potential for customization. While minor repairs are needed, this property presents a unique opportunity to finalize a masterpiece. Its blend of maintained character and substantial upgrades offers a solid foundation for further enhancements or to enjoy as-is. Welcome to a home that promises the charm of the past with the convenience of modern living.

Last Agent to Sell the Property

David Totten

EXP Realty LLC Brokerage Phone: 7036653362 License #0225217883 Listed on: 02/20/2024

EXP Realty LLC

Last Buyer's Agent

Derek Duncan

Realstar REALTORS LLC License #0225245678

Realstar REALTORS LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $148

Year Built

  • Built in 1947

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned OLD TOWN RESIDENTIAL

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1.5-Story Property
  • Dining Room
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • No Garage
  • Shared Driveway
  • Open Parking

Outdoor Features

  • Front Porch

Schools

  • Johnson Elementary School
  • O. Trent Bonner Middle School
  • GWHS High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 03451

Home Details

Home Type

Single Family

Est. Annual Taxes

$148

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Frontage Type: Road Frontage
  • Road Surface Type: Paved
  • Subdivision Name: No Subdivision
  • Directions: Riverside Dr to Locust Ln, house will be on the left about a mile up.
  • Above Grade Finished Sq Ft: 1800
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1947
  • Attribution Contact: 7036653362
  • Special Features: None

Interior Features

  • Appliances: Gas Range, Microwave
  • Other Equipment: Satellite Dish
  • Has Basement: Partial, Partially Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 300
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Master Bedroom, Dining Room
  • Living Area: 1800

Exterior Features

  • Lot Features: Less than 1 acre
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Porch, Front
  • Property Condition: 75 Plus Years Old
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, No Carport, Shared Driveway

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, 1st Floor Laundry, Laundry Room
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Johnson
  • High School: Gwhs
  • Middle Or Junior School: O. Trent Bonner

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 03451
  • Zoning: OLD TOWN RESIDENTIAL
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
May 3, 2024
Sold by
Iwall Llc
Bought by
Riggins Samantha
Seller's Agent
David Totten
EXP Realty LLC
Buyer's Agent
Derek Duncan
Realstar REALTORS LLC
List Price
$135,000
Sold Price
$118,000
Premium/Discount to List
-$17,000
-12.59%
Views
182
Current Estimated Value
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,000
Avg. Annual Appreciation
40.64%

Purchase Details

Listed on
Dec 14, 2020
Closed on
Jan 18, 2021
Sold by
Strickland Walter
Bought by
Iwall Llc
List Price
$27,000
Sold Price
$25,000
Premium/Discount to List
-$2,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.27%

Purchase Details

Listed on
Sep 28, 2020
Closed on
Nov 16, 2020
Sold by
Pritchett Etrulia and Pritchett Clyde
Bought by
Strickland Walter
Seller's Agent
Rick Fain
JEFF DAVIS & ASSOCIATES, LLC
List Price
$29,000
Sold Price
$23,000
Premium/Discount to List
-$6,000
-20.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.92%
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
Deed $118,000 First American Title
Warranty Deed $25,000 Virginia Title Center Llc
Warranty Deed $23,000 Virginia Title Center
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $118,000 -8.5% $66 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
03/23/2024 03/23/24 Price Changed $129,000 -4.4% $72 / Sq Ft
02/23/2024 02/23/24 For Sale $135,000 +440.0% $75 / Sq Ft
01/21/2021 01/21/21 Sold $25,000 -7.4% $14 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $27,000 +17.4% $15 / Sq Ft
11/16/2020 11/16/20 Sold $23,000 -20.7% $13 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $29,000 -- $16 / 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
2024 $169 $20,300 $2,400 $17,900
2023 $150 $17,800 $2,400 $15,400
2022 $150 $17,800 $2,400 $15,400
2021 $149 $17,700 $2,400 $15,300
2020 $149 $17,700 $2,400 $15,300
2019 $225 $26,800 $2,400 $24,400
2018 $214 $26,800 $2,400 $24,400
2017 $238 $29,700 $3,700 $26,000
2016 $217 $29,700 $3,700 $26,000
2015 $232 $31,800 $3,700 $28,100
2014 $374 $51,200 $3,700 $47,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 69424

APN: 03451