NOT LISTED FOR SALE

721 Chatham Ave Danville, VA 24541

Estimated Value: $38,000 - $299,000

5 Beds
2 Baths
2,066 Sq Ft
$75/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $23,000 $11 Per Sq Ft

Est. 576% increase in value since last sale

Current estimated payment $832/month

87 Days on Market

About This Home

As of November 2023

Back on the Market! Investor's Special! This duplex was rented until 2018 but has fallen in to disrepair and will need extensive restoration prior to occupancy, but a central location near Danville Community College and downtown make this an ideal income generating opportunity!

Last Agent to Sell the Property

Gregory Cable

LONG & FOSTER SMITH MOUNTAIN LAKE Brokerage Phone: 5402974111 License #0225264141 Listed on: 07/24/2023

LONG & FOSTER SMITH MOUNTAIN LAKE

Last Buyer's Agent

Gregory Cable

LONG & FOSTER SMITH MOUNTAIN LAKE Brokerage Phone: 5402974111 License #0225264141 Listed on: 07/24/2023

LONG & FOSTER SMITH MOUNTAIN LAKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $101

Year Built

  • Built in 1920

Lot Details

  • 0.26 Acre Lot
  • Property is zoned OTR Old Town Residential

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,066 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

  • Schoolfield Elementary School
  • O. Trent Bonner Middle School
  • Bonner High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • Schoolfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1610014000006000

Home Details

Home Type

Single Family

Est. Annual Taxes

$101

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • Subdivision Name: Schoolfield
  • Directions: From South Main, east on Kemper Rd, then south on Wooding, and next right onto Chatham Ave.
  • Above Grade Finished Sq Ft: 2066
  • Architectural Style: Multi Level
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 1920
  • Attribution Contact: 5402974111
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: None
  • Living Area: 2066

Exterior Features

  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: None
  • Patio And Porch Features: Multi-Level, Front
  • Property Condition: 41 to 75 Years Old
  • Roof: 16 to 25 Years Old

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 1610014000006000
  • Zoning: OTR Old Town Residential
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 100.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Nov 2, 2023
Sold by
Dva Holdings Llc
Bought by
South Wake Home Solutions Llc
Seller's Agent
Gregory Cable
LONG & FOSTER SMITH MOUNTAIN LAKE
Buyer's Agent
Gregory Cable
LONG & FOSTER SMITH MOUNTAIN LAKE
List Price
$29,900
Sold Price
$23,000
Premium/Discount to List
-$6,900
-23.08%
Views
398
Current Estimated Value
$155,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,553
Avg. Annual Appreciation
155.84%

Purchase Details

Closed on
Feb 19, 2018
Sold by
Simpson Jeffrey James and Simpson Wanda Dale
Bought by
Cd Property Solutions Llc A Virginia Lim
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 Buyer Sale Price Title Company
South Wake Home Solutions Llc $23,000 Stewart Title
Cd Property Solutions Llc A Virginia Lim $7,500 All Va Title & Escrow Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $23,000 -23.1% $11 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $29,900 +30.0% $14 / Sq Ft
10/04/2023 10/04/23 Off Market $23,000 -- --
08/04/2023 08/04/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $29,900 -- $14 / 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 $91 $11,000 $5,600 $5,400
2023 $108 $12,900 $5,600 $7,300
2022 $108 $12,900 $5,600 $7,300
2021 $117 $13,900 $5,600 $8,300
2020 $117 $13,900 $5,600 $8,300
2019 $118 $14,100 $5,600 $8,500
2018 $113 $14,100 $5,600 $8,500
2017 $162 $20,200 $5,600 $14,600
2016 $147 $20,200 $5,600 $14,600
2015 $164 $22,500 $5,600 $16,900
2014 $164 $22,500 $5,600 $16,900
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gregory Cable

    LONG & FOSTER SMITH MOUNTAIN LAKE

    (434) 944-9340

    7 Total Sales

    Gregory Cable
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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 66508

APN: 53605

Virginia Danville City County Danville 24541

721 Chatham Ave, Danville, VA

This home is located at 721 Chatham Ave, Danville, VA 24541 since 24 July 2023 and is currently estimated at $155,553, approximately $75 per square foot. This property was built in 1920. 721 Chatham 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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