$4,000,000
SOLD FEB 13, 2025

624 Arnett Blvd Danville, VA 24540

105 Beds
64 Baths
-- Sq Ft
3 Acres

Recently Sold

18% Below List Price

177 Days on Market

Highlights

  • Cooling System Powered By Gas
  • Baseboard Heating
  • Vinyl Flooring
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

Total of 64 units.57.18 FT PT NOS 1A & 1B ARNETT BLVD,74.6 FT PT NO 1B ARNETT BLVD,179.3 FT PT NOS 1A & 1B ARNETT BLVD,206.13 FT PT NO 3 ARNETT BLVD,65.90 FT NO 1Y ARNETT BLVD,TRACT ON S E SIDE COLONIAL CT,TRACT ON N W SIDE COLONIAL CT,142.08 FT NO 1 COLONIAL CT. Financial documents available upon request with a non disclosure being signed. Information taken from tax records. Buyer should verify all information. Approximate age of constructions 1964-1968 6 Buildings

Last Agent to Sell the Property

Kelli Hauser

HAUSER REALTY GROUP Brokerage Email: 4347923000, kellihauser@comcast.net License #0225055570 Listed on: 02/09/2024

Last Buyer's Agent

Kelli Hauser

HAUSER REALTY GROUP Brokerage Email: 4347923000, kellihauser@comcast.net License #0225055570 Listed on: 02/09/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,348

Year Built

  • Built in 1968

Lot Details

  • 3 Acre Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 105 Bedrooms
  • 64 Bathrooms

Schools

  • Johnson Elementary School
  • Bonner Middle School
  • GWHS High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Baseboard Heating

Community Details

  • 64 Units

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number See Remarks

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,348

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Attached Units,Apartment House,Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 3
  • Road Surface Type: Paved
  • Subdivision Name: No Subdivision
  • Directions: 607,624,627,& 633 Arnett BLVD and 112,121 & 130 Colonial CT. Acres 3+/-
  • Architectural Style: Multi Level
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Year Built: 1968
  • Attribution Contact: 4347923000, kellihauser@comcast.net
  • Special Features: None

Interior Features

  • Owner Pays: Trash Collection
  • Total Bedrooms: 105
  • Flooring: Vinyl

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Property Condition: 41 to 75 Years Old
  • Roof: 1 to 5 Years Old, 16 to 25 Years Old

Garage/Parking

  • Attached Garage: No
  • Parking Features: One Car/Unit, Assigned

Utilities

  • Cooling: Central Air, Electric, Gas
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, Baseboard, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 130680
  • Parcel #: See Remarks
  • Zoning: MR

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 64
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 12348

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
Zdc Danville 64 Llc
Bought by
Arnett Colonial 64 Llc
Current Estimated Value
$3,002,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2016
Sold by
Baldwin Angela Jean and Scearce James David
Bought by
Scearce James D and Scearce Baldwin Angelica Jean
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
Bargain Sale Deed $4,000,000 Old Republic Title
Bargain Sale Deed $4,000,000 Old Republic Title
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,000,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2025 02/13/25 Sold $4,000,000 -17.5% --
09/05/2024 09/05/24 For Sale $4,850,000 0.0% --
08/05/2024 08/05/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $4,850,000 -- --
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 $2,619 $315,500 $18,000 $297,500
2023 $2,612 $310,900 $18,000 $292,900
2022 $2,612 $310,900 $18,000 $292,900
2021 $2,090 $248,800 $18,000 $230,800
2020 $2,029 $241,500 $18,000 $223,500
2019 $2,082 $247,900 $18,000 $229,900
2018 $1,983 $247,900 $18,000 $229,900
2017 $2,057 $257,100 $18,000 $239,100
2016 $1,877 $257,100 $18,000 $239,100
2015 $1,880 $257,500 $18,000 $239,500
2014 $1,880 $257,500 $18,000 $239,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kelli Hauser

    HAUSER REALTY GROUP

    (434) 548-8833

    74 Total Sales

    Kelli Hauser
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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 69355

APN: 01246

Virginia Danville City County Danville 24540

624 Arnett Blvd, Danville, VA

This home is located at 624 Arnett Blvd, Danville, VA 24540 and is currently priced at $4,000,000. This property was built in 1968. 624 Arnett Blvd is a home located in Danville City with nearby schools including Building Blocks Center for Children with Autism and Rivermont School - Dan River.

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