NOT LISTED FOR SALE

518 3rd St Danville, VA 24540

Estimated Value: $96,000 - $119,000

3 Beds
2 Baths
1,960 Sq Ft
$54/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $69,000 $35 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $576/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Separate Outdoor Workshop
  • Fireplace
  • Wood Flooring
  • 1 Car Detached Garage
  • Enclosed Patio or Porch

About This Home

As of November 2021

3BR Home in Great Condition. 2 lots convey

Last Agent to Sell the Property

Diron Clements

WILKINS & CO., REALTORS, INC. License #0225193245 Listed on: 11/11/2021

Last Buyer's Agent

Diron Clements

WILKINS & CO., REALTORS, INC. License #0225193245 Listed on: 11/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $354

Year Built

  • Built in 1942

Lot Details

  • Property is zoned OTR

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cedar

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wood Under Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

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

Outdoor Features

  • Enclosed Patio or Porch
  • Separate Outdoor Workshop

Schools

  • G.L.H. Johnson Elementary School
  • Bonner Middle School
  • GWHS High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Furnace

Home Details

Home Type

Single Family

Est. Annual Taxes

$354

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Road Frontage
  • Road Surface Type: Paved
  • Subdivision Name: No
  • Directions: Third Ave to Glenn St to Third St
  • Above Grade Finished Sq Ft: 1176
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Full, Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 784
  • Fireplace Features: One
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet Over Hardwood, Tile
  • Interior Amenities: 1st Floor Bedroom, Dining Room, 1st Floor Master Bedroom
  • Living Area: 1960

Exterior Features

  • Lot Features: Less than 1 acre
  • Home Warranty: No
  • Construction Type: Cedar
  • Other Structures: Workshop
  • Patio And Porch Features: Back, Porch, Enclosed, Front
  • Property Condition: 75 Plus Years Old
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage-Single Detached, Hard Surface Drive
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup, 1st Floor Laundry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: G.L.H. Johnson
  • High School: Gwhs
  • Middle Or Junior School: Bonner

Lot Info

  • Zoning: OTR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 353.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Nov 2, 2021
Sold by
The Estate Of Barbara R Hunt
Bought by
Mjm Capital Llc
Seller's Agent
Diron Clements
WILKINS & CO., REALTORS, INC.
Buyer's Agent
Diron Clements
WILKINS & CO., REALTORS, INC.
List Price
$69,900
Sold Price
$69,000
Premium/Discount to List
-$900
-1.29%
Current Estimated Value
$105,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,520
Avg. Annual Appreciation
11.41%
Original Mortgage
$55,200
Outstanding Balance
$13,652
Interest Rate
3.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$91,868
Source: Public Records

Range of Values:

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Average Value
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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
Mjm Capital Llc $63,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mjm Capital Llc $55,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $69,000 -1.3% $35 / Sq Ft
11/11/2021 11/11/21 For Sale $69,900 -- $36 / 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 $257 $56,300 $3,000 $53,300
2023 $393 $46,800 $3,000 $43,800
2022 $393 $46,800 $3,000 $43,800
2021 $373 $44,400 $3,000 $41,400
2020 $373 $44,400 $3,000 $41,400
2019 $367 $43,700 $3,000 $40,700
2018 $350 $43,700 $3,000 $40,700
2017 $353 $44,100 $6,000 $38,100
2016 $322 $44,100 $6,000 $38,100
2015 $318 $43,500 $6,000 $37,500
2014 $318 $43,500 $6,000 $37,500
Source: Public Records

Agents Affiliated with this Home

  • Diron Clements

    Seller's Agent in 2021

    Diron Clements

    WILKINS & CO., REALTORS, INC.

    (434) 429-8613

    361 Total Sales

    Diron Clements
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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 64111

APN: 02344

Virginia Danville City County Danville 24540

518 3rd St, Danville, VA

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