NOT LISTED FOR SALE

896 Monroe St Danville, VA 24541

Estimated Value: $132,752 - $168,000

3 Beds
2 Baths
1,552 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $160,000 $103 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $831/month

83 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Heat Pump System
  • Cooling Available
  • Laundry Facilities

About This Home

As of April 2024

ATTENTION Investors!! Income producing duplex just one block from Historic Millionaires Row in Danville. Convenient to Averett University, Sovah Hospital and the future Caesars Casino, downtown amenities - shopping ,dining ,bike and walking trails, and parks. Newly renovated including: roof, gutters,siding, windows, doors, cabinetry, appliances, flooring, metal roof, HVAC, plumbing, electrical and so much more. Monthly income potential $2,000+ per month. Dedicated off street parking and shared laundry space in basement. Don't miss this amazing opportunity to become an investor in beautiful Southside Virginia.

Last Agent to Sell the Property

Whitney Doss

KELLER WILLIAMS Brokerage Phone: 4345349113 License #0225251494 Listed on: 02/05/2024

KELLER WILLIAMS

Last Buyer's Agent

Diron Clements

WILKINS & CO., REALTORS, INC. License #0225193245

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $153

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Parking Lot

Home Design

  • Duplex
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,552 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Forest Hills Elementary School
  • Westwood Middle School
  • GWHS High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 22468

Community Details

Building Details

  • Insurance Expense $95
  • Maintenance Expense $38
  • New Taxes Expense $13
  • Operating Expense $1,750
  • Gross Income $19,200
  • Net Operating Income $17,449

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$153

Year Built

Built in 1910

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Subdivision Name: N/A
  • Directions: From Main St at Millionaires Row, turn right onto Chestnut Pl, right on Grove St, left on Calvary, right on Monroe.
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1910
  • Attribution Contact: 4345349113
  • Special Features: None

Interior Features

  • Appliances: Efficiency Unit(Refrigerator,Range), One Bedroom Unit(Refrigerator,Range), Two Bedrom Unit(Refrigerator,Range)
  • Owner Pays: None
  • Total Bedrooms: 3
  • Door Features: Efficiency Unit(Storm Doors), One Bedroom Unit(Storm Doors), Two Bedrom Unit(Storm Doors)
  • Flooring: Vinyl, Hardwood
  • Living Area: 1552

Exterior Features

  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Efficiency Unit(Porch), One Bedroom Unit(Porch), Two Bedrom Unit(Porch)
  • Property Condition: 75 Plus Years Old
  • Roof: 1 to 5 Years Old, Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Two Cars/Unit, Parking Lot

Utilities

  • Laundry Features: Common Laundry Facilities
  • Cooling: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Forest Hills
  • High School: Gwhs
  • Middle Or Junior School: Westwood

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 22468
  • Zoning: OLD TOWN RESIDENTIAL
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19200
  • Insurance Expense: 95
  • Maintenance Expense: 38
  • Property Net Operating Income: 17449
  • Annual Operating Expense: 1750.08
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • New Taxes Expense: 13
  • Tax Annual Amount: 153
  • Tax Book Number: D21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Apr 26, 2024
Sold by
Martin West Living Trust and West Martin
Bought by
Greene Property Holdings Llc
Seller's Agent
Whitney Doss
KELLER WILLIAMS
Buyer's Agent
Diron Clements
WILKINS & CO., REALTORS, INC.
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Views
66
Current Estimated Value
$152,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,562
Avg. Annual Appreciation
-2.53%
Original Mortgage
$120,000
Outstanding Balance
$117,981
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$34,457

Purchase Details

Closed on
Aug 5, 2021
Sold by
Arielkingdomholdings12 Llc
Bought by
West Martin and The Martin West Living Trust

Purchase Details

Closed on
Nov 3, 2017
Sold by
Harris Malloy T
Bought by
Arielkingdomholdings12 Llc A Virginia Li
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Greene Property Holdings Llc $160,000 Stewart Title
West Martin $24,000 Attorney
Arielkingdomholdings12 Llc A Virginia Li $3,500 All Va Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Property Holdings Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2024 04/29/24 Sold $160,000 -3.0% $103 / Sq Ft
02/05/2024 02/05/24 For Sale $165,000 -- $106 / Sq Ft
Source: Dan River Region Association of REALTORS®

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 $460 $90,000 $1,500 $88,500
2024 $460 $20,800 $1,500 $19,300
2023 $144 $17,200 $1,500 $15,700
2022 $144 $17,200 $1,500 $15,700
2021 $154 $18,300 $1,500 $16,800
2020 $154 $18,300 $1,500 $16,800
2019 $149 $17,700 $1,500 $16,200
2018 $142 $17,700 $1,500 $16,200
2017 $127 $15,900 $1,500 $14,400
2016 $116 $15,900 $1,500 $14,400
2015 $118 $16,200 $1,500 $14,700
2014 $118 $16,200 $1,500 $14,700
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2024

    Whitney Doss

    KELLER WILLIAMS

    (434) 203-1983

    129 Total Sales

    Whitney Doss
    Section Image
  • Diron Clements

    Buyer's Agent in 2024

    Diron Clements

    WILKINS & CO., REALTORS, INC.

    (434) 429-8613

    349 Total Sales

    Diron Clements
    Section Image
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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 69335

APN: 22468

Virginia Danville City County Danville 24541

896 Monroe St, Danville, VA

Not Listed for Sale

MultiFamily

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