$82,400
SOLD FEB 13, 2025

53 Fairfield Ave Danville, VA 24541

2 Beds
1 Bath
996 Sq Ft
0.3 Acres

Recently Sold

$83 Per Sq Ft

8% Below List Price

62 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Central Air
  • Covered patio or porch
  • 1-Story Property
  • Heating System Uses Natural Gas

About This Home

As of February 2025

GREAT OPPORTUNITY TO OBTAIN SCHOOLFIELD RENTAL LOCATED WITHIN 1.5 MILES CAESARS CASINO. GOOD CONDITION, TENANT OCCUPIED. ONLY QUALIFIED BUYERS SCHEDULE SHOWINGS. SOLD "AS IS" CONDITION. REASONABLE OFFERS ONLY!! All information provided by public records and Seller. Buyer to verify all information.

Last Agent to Sell the Property

Debra Fugate

RAMSEY YEATTS & ASSOCIATES, REALTORS Brokerage Phone: 4344326000 License #0225221383 Listed on: 11/14/2024

Last Buyer's Agent

Non Member Mls

NON MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $247

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot
  • Property is zoned OTR

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 996 Sq Ft Home
  • 1-Story Property
  • Electric Range
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • No Driveway

Outdoor Features

  • Covered patio or porch

Schools

  • Schoolfield Elementary School
  • Bonner Middle School
  • GWHS High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Furnace

Community Details

  • Schoolfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 51984

Home Details

Home Type

Single Family

Est. Annual Taxes

$247

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.295
  • Road Surface Type: Paved
  • Subdivision Name: Schoolfield
  • Directions: W Main St, left onto Wood Ave, left onto Baltimore Ave, right onto Fairfield Ave, house on right
  • Above Grade Finished Sq Ft: 996
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1940
  • Attribution Contact: 4344326000
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 996

Exterior Features

  • Lot Features: Less than 1 acre
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch, Covered
  • Property Condition: 75 Plus Years Old
  • Roof: 6 to 10 Years Old

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Schoolfield
  • High School: Gwhs
  • Middle Or Junior School: Bonner

Lot Info

  • Lot Size Sq Ft: 12850.2
  • Parcel #: 51984
  • Zoning: OTR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 246.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Feb 10, 2025
Sold by
Phelps Richard E and Phelps Louise D
Bought by
Small Dream Homebuyers Llc
Seller's Agent
Debra Fugate
RAMSEY YEATTS & ASSOCIATES, REALTORS
Buyer's Agent
Non Member Mls
NON MEMBER OFFICE
List Price
$89,900
Sold Price
$82,400
Premium/Discount to List
-$7,500
-8.34%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.27%
Original Mortgage
$62,000
Outstanding Balance
$61,896
Interest Rate
6.91%
Estimated Equity
$28,628
Source: Public Records

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Range of Values:

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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
Bargain Sale Deed $82,400 Fidelity National Title
Bargain Sale Deed $82,400 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $62,000 No Value Available
Closed $62,000 No Value Available
Open $100,000 New Conventional
Closed $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Rent $1,095 0.0% --
02/13/2025 02/13/25 Sold $82,400 -8.3% $83 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
11/14/2024 11/14/24 For Sale $89,900 -- $90 / 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 $360 $43,400 $5,700 $37,700
2023 $249 $29,700 $5,700 $24,000
2022 $249 $29,700 $5,700 $24,000
2021 $234 $27,900 $5,700 $22,200
2020 $234 $27,900 $5,700 $22,200
2019 $232 $27,600 $5,700 $21,900
2018 $221 $27,600 $5,700 $21,900
2017 $222 $27,800 $5,700 $22,100
2016 $203 $27,800 $5,700 $22,100
2015 $209 $28,600 $5,700 $22,900
2014 $209 $28,600 $5,700 $22,900
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2025

    Hometown Holdings

    IVY REALTY OF ROANOKE LLC

    (540) 777-3711

    18 Total Sales

    Hometown Holdings
    Section Image
  • Debra Fugate

    Seller's Agent in 2025

    Debra Fugate

    RAMSEY YEATTS & ASSOCIATES, REALTORS

    (434) 799-6200

    185 Total Sales

    Debra Fugate
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member Mls

    NON MEMBER OFFICE

See All Agents

Map

Source: Dan River Region Association of REALTORS®

MLS Number: 73557

APN: 51984

Virginia Danville City County Danville 24541

53 Fairfield Ave, Danville, VA

This home is located at 53 Fairfield Ave, Danville, VA 24541 and is currently priced at $82,400, approximately $82 per square foot. This property was built in 1940. 53 Fairfield Ave is a home located in Danville City with nearby schools including Sacred Heart Catholic School, Epiphany Episcopal School, and White Oak School.

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