NOT LISTED FOR SALE

Estimated Value: $296,000 - $349,000

4 Beds
2 Baths
2,838 Sq Ft
$116/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2024

Last sale price $285,000 $100 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,884 / mo

133 Days on Market

Highlights

  • 4.31 Acre Lot
  • Window Unit Cooling System
  • Heating System Uses Natural Gas

About This Home

As of October 2024

Current owners got zoning changed to RM-3 which makes this an ideal (and rare) multi-family housing property. RM-3 allows up to 8 units per building (which would mean 62 units plus the home in place). This property is one of the only properties with this zoning, which makes it the ideal property for investors and builders looking to expand the housing options in Danville. At this price point, land cost per unit is under $5300 at 62 units.

Last Agent to Sell the Property

Amanda Morris

Rector Hayden Realtors License #221738 Listed on: 07/01/2024

Rector Hayden Realtors

Last Buyer's Agent

Sondra Browning

CENTURY 21 Advantage Realty License #221410

CENTURY 21 Advantage Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 4.31 Acre Lot

Home Design

  • 2,838 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Hogsett/Jennie Rogers Elementary School
  • Bate Middle School
  • Danville High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 62 Units
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045-000-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

4.31 Acres

Listing Details

  • Property Type: Residential Income
  • Structure Type: Other
  • Year Built: 1922
  • New Construction: No
  • Cooling:Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 2838.0
  • Lot Size Area: 4.31

Exterior Features

  • List Price: 315000.0

Utilities

  • Heating: Natural Gas
  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Yes

Schools

  • Elementary School: Hogsett/Jennie Rogers(Legacy)
  • High School: Danville
  • Middle or Junior School: Bate

Lot Info

  • Lot Size Acres: 4.31
  • Lot Size Sq Ft: 187744.0
  • Parcel Number: 045-000-001
  • Zoning Description: RM-3

Multi Family

  • Number of Units Total: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2025
Sold by
Edwards Tara C and Edwards Montgomery S
Bought by
Jls Investments Llc
Current Estimated Value
$328,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$225,872
Interest Rate
0.55%
Mortgage Type
Construction
Estimated Equity
$102,957

Purchase Details

Listed on
Jul 1, 2024
Closed on
Oct 4, 2024
Sold by
Old Shakertown Llc
Bought by
Edwards Tara C
Seller's Agent
Amanda Morris
Rector Hayden Realtors
Buyer's Agent
Sondra Browning
CENTURY 21 Advantage Realty
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$270,750
Interest Rate
0.64%
Mortgage Type
New Conventional
Source: Public Records
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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
Jls Investments Llc $285,000 Attorney Only
Edwards Tara C $285,000 The Land Group Llc
Moore Clay P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jls Investments Llc $228,000
Previous Owner Edwards Tara C $270,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $285,000 -9.5% $100 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $315,000 -3.1% $111 / Sq Ft
07/01/2024 07/01/24 For Sale $325,000 0.0% $115 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $325,000 -- $115 / Sq Ft
Source: ImagineMLS (Bluegrass 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 $1,357 $285,000 $0 $0
2024 $740 $150,000 $0 $0
2023 $8 $150,000 $0 $0
2022 $441 $85,000 $0 $0
2021 $445 $85,000 $0 $0
2020 $442 $85,000 $0 $0
2019 $440 $85,000 $0 $0
2015 $275 $95,000 $95,000 $0
2012 $275 $95,000 $95,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24007923

ImagineMLS (Bluegrass REALTORS®)

APN: 045-000-001

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