NOT LISTED FOR SALE

916 N Main St Danville, VA 24540

Estimated Value: $78,000 - $110,000

3 Beds
2 Baths
2,152 Sq Ft
$42/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $70,000 $33 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $524/month

44 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Wood Siding

About This Home

As of May 2023

Investment Potential in this large home. Although Zoned Multi-Family, this property is currently one unit. Replacement windows. As in most older homes, few closets but large rooms. Appliances convey. Large front porch and back porch enclosed for laundry area. 200 AMP. Property is being sold in AS IN condition. Buyers and buyers agent to verify internet and cable providers and that all information is correct.

Last Agent to Sell the Property

Debra Fugate

RAMSEY YEATTS & ASSOCIATES, REALTORS Brokerage Phone: 4344326000 License #0225221383 Listed on: 02/07/2023

Last Buyer's Agent

Mary Driskill

HAUSER REALTY GROUP License #0225066695

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $243

Year Built

  • Built in 1938

Lot Details

  • 0.29 Acre Lot

Home Design

  • Metal Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 2,152 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Schools

  • Woodberry Hills Elementary School
  • Bonner Middle School
  • GWHS High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity, heating, water, trash collection
  • Assessor Parcel Number 03439

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$243

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • Subdivision Name: No Subdivision
  • Directions: Up North Main Street property on left before the school
  • Architectural Style: Multi Level
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 1938
  • Attribution Contact: 4344326000
  • Special Features: None

Interior Features

  • Appliances: Three Bedroom Unit(Refrigerator)
  • Owner Pays: Electricity, Heating, Water, Trash Collection
  • Total Bedrooms: 3
  • Door Features: Three Bedroom Unit(Storm Doors)
  • Flooring: Vinyl, Hardwood
  • Living Area: 2152

Exterior Features

  • Construction Type: Wood Siding, Aluminum Siding
  • Patio And Porch Features: Three Bedroom Unit(Porch)
  • Property Condition: 75 Plus Years Old
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Woodberry Hills
  • High School: Gwhs
  • Middle Or Junior School: Bonner

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Parcel #: 03439
  • Zoning: R
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 1
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 242.76
  • Tax Book Number: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Apr 28, 2023
Sold by
Equity Builders And Investment Partners
Bought by
Simmons David
Seller's Agent
Debra Fugate
RAMSEY YEATTS & ASSOCIATES, REALTORS
Buyer's Agent
Mary Driskill
HAUSER REALTY GROUP
List Price
$79,500
Sold Price
$70,000
Premium/Discount to List
-$9,500
-11.95%
Total Days on Market
44
Views
323
Current Estimated Value
$90,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,184
Avg. Annual Appreciation
8.39%
Original Mortgage
$63,000
Outstanding Balance
$61,240
Interest Rate
5.2%
Mortgage Type
New Conventional
Estimated Equity
$23,011

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 14, 2022
Sold by
Phoenix Homes Llc
Bought by
Equity Builders And Investment Partners Llc
Seller's Agent
Hilton Motley
RAMSEY YEATTS & ASSOCIATES, REALTORS
Buyer's Agent
Rick Fain
JEFF DAVIS & ASSOCIATES, LLC
List Price
$39,900
Sold Price
$48,000
Premium/Discount to List
$8,100
20.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.06%
Original Mortgage
$43,200
Interest Rate
3.69%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 13, 2011
Sold by
Black Sub Tr Paul M and J S Jackson Builder Llc
Bought by
Phoenix Homes Llc
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
Simmons David $70,000 Old Republic National Title
Equity Builders And Investment Partners Llc $48,000 New Title Company Name
Phoenix Homes Llc $74,025 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons David $63,000
Previous Owner Equity Builders And Investment Partners Llc $43,200
Previous Owner Js Jackson Builder Llc $173,488
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $70,000 -11.9% $33 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $79,500 +65.6% $37 / Sq Ft
03/21/2022 03/21/22 Sold $48,000 +20.3% $22 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $39,900 -- $19 / 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 $379 $45,700 $1,400 $44,300
2023 $239 $28,500 $1,400 $27,100
2022 $239 $28,500 $1,400 $27,100
2021 $243 $28,900 $1,400 $27,500
2020 $243 $28,900 $1,400 $27,500
2019 $249 $29,600 $1,400 $28,200
2018 $237 $29,600 $1,400 $28,200
2017 $238 $29,800 $2,900 $26,900
2016 $218 $29,800 $2,900 $26,900
2015 $222 $30,400 $2,900 $27,500
2014 $222 $30,400 $2,900 $27,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 65834

APN: 03439