$450,000
SOLD JUN 20, 2025

811 Main St Danville, VA 24541

8 Beds
-- Bath
6,756 Sq Ft
0.35 Acres

Recently Sold

$67 Per Sq Ft

24% Below List Price

136 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • Heating Available
  • Window Unit Cooling System

About This Home

As of June 2025

Theres historic charm at Elm Court! Nestled in the heart of Danville, Virginia, Elm Court is a beautifully preserved historic property that combines timeless charm with modern functionality. Once a grand single-family residence, this iconic home has been transformed into a 4-unit duplex, offering both character and income potential. The property features impressive architectural details, including intricate woodwork, soaring ceilings, and large windows that bathe the interiors in natural light. Located on Main Street, Elm Court provides easy access to downtown Danville, with shops, restaurants, and cultural attractions just a short distance away. With a history dating back to the early 20th century, Elm Court presents a rare opportunity to own a piece of Danville's rich heritage while enjoying the benefits of multi-family living. Whether you're looking for a turn-key investment or a stunning historic property to call home, Elm Court is the perfect blend of old-world charm and modern convenience. All units currently rented producing a great income. You could live here for free and rent the other units to support expenses! Schedule a tour today, 48 hours notice appreciated!

Last Agent to Sell the Property

Jeremy Holt

Oak River Realty - South Boston Brokerage Phone: License #0225232246 Listed on: 02/03/2025

Last Buyer's Agent

Non Member Non Member

Non-Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1857

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 72 x 209

Parking

  • Open Parking

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 8 Bedrooms
  • 6,756 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Schools

  • Forest Hills Elementary School
  • Bonner Middle School
  • George Washington High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for gas, heating, water, management, grounds care, snow removal
  • Assessor Parcel Number 24820

Property Details

Home Type

Multi-Family

Year Built

Built in 1857

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Lot Size: 72 x 209
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Attached Units, Apartment House
  • Year Built: 1857
  • Attribution Contact: 0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Electric Water Heater, Two Bedroom (Refrigerator), Two Bedroom (Range)
  • Owner Pays: Gas, Heating, Water, Management, Grounds Care, Snow Removal
  • Total Bedrooms: 8
  • Flooring: Hardwood
  • Living Area: 6756

Exterior Features

  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Two Bedroom (Balcony/Patio), Two Bedroom (Porch)
  • Property Condition: 76+ Years
  • Roof: 11-15, Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: On Street, Other-See Remarks

Utilities

  • Laundry Features: W/D Hookup (Two Bedroom), Individual Laundry Facility
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Boiler
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas Company: Natural Gas

Schools

  • Elementary School: Forest Hills Elementary
  • High School: George Washington High School
  • Middle Or Junior School: Bonner Middle

Lot Info

  • Lot Size Sq Ft: 15246
  • Parcel #: 24820
  • Zoning: MR

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 4
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Jun 12, 2025
Sold by
Lawson Carol Ann G and Raab Anne S
Bought by
James Dwayne
Seller's Agent
Jeremy Holt
Oak River Realty - South Boston
Buyer's Agent
Non Member Non Member
Non-Member
List Price
$595,000
Sold Price
$450,000
Premium/Discount to List
-$145,000
-24.37%
Views
77
Current Estimated Value
$450,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307
Avg. Annual Appreciation
0.12%
Original Mortgage
$427,500
Outstanding Balance
$426,392
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$23,915
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Deed $450,000 Commonwealth Land Title Insura
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $450,000 -17.4% $67 / Sq Ft
04/08/2025 04/08/25 Price Changed $545,000 -8.4% $81 / Sq Ft
02/03/2025 02/03/25 For Sale $595,000 -- $88 / Sq Ft
Source: Southern Piedmont Land & Lake 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
2025 $732 $228,400 $16,100 $212,300
2024 $732 $228,400 $16,100 $212,300
2023 $1,227 $146,100 $16,100 $130,000
2022 $1,227 $146,100 $16,100 $130,000
2021 $1,200 $142,800 $16,100 $126,700
2020 $1,200 $142,800 $16,100 $126,700
2019 $1,177 $140,100 $16,100 $124,000
2018 $1,121 $140,100 $16,100 $124,000
2017 $1,109 $138,600 $16,100 $122,500
2016 $1,012 $138,600 $16,100 $122,500
2015 $1,021 $139,900 $16,100 $123,800
2014 $1,021 $139,900 $16,100 $123,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Piedmont Land & Lake Association of REALTORS®

MLS Number: 70756

APN: 24820