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Backup Offers

115 Locust Ln, Danville, VA, 24540

$79,900

Home List Price

$949*

Closing Credit

0 Baths
2,255 SqFt
$35/SqFt
Multi

Location

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115 Locust Ln, Danville$79,900

Buyer Closing Credits

$949*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive
Year Built1929
HeatingFloor Furnace
CoolingWindow Unit(s)
MLS #355507
Lot Size0.21 Acres
StatusAccepting Backup Offers
(Actv 1st RghtofRefus)

About 115 Locust Ln

Attention Investors! Duplex offered! With a little sweat equity, this could be a good cash flow property. Property being sold strictly AS IS.

Property Details

Property Features

Property Information:

  • Year Built: 1929
  • Living Area: 2,255 SqFt

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (434) 534-9113
  • Listing Agent: DH Powell

Interior Features

Interior Information:

  • Flooring Type: Vinyl, Wood Floors

Exterior Features

Parking Information:

  • Parking: Paved Drive

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From Riverside turn on Locust Lane.

Price Information

Listing Price Info

Price Summary:

  • List Price: $79,900
  • Price Per SqFt: $35/SqFt

Tax Information:

  • Annual Amount: $433
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Danville, VA.

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Danville, VA

City

Med. List Price

$139.9K

Med. Price/SqFt

$100

Avg. Days On Market

65

# of Sold Homes

4

115 Locust Ln vs Danville

47 DAYS ON ROCKET

-18 Days

$79,900

-$60K Less

$35/SqFt

-$66 Less

KEY TAKEAWAY

This property is $60K less than the Median List Price and $66/SqFt less than other homes in Danville, VA.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #355507

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (434) 534-9113
  • Listing Agent: DH Powell

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 8:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$433$51,600
2020$433$51,600
2019$412$49,000
2018$392$49,000

History based on county public records data.

Payment Calculator

$466

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4231675
2
/10

  • Woodberry Hills Elementary School

  • 614 Audubon Dr

  • 0.72 miles

  • Public District Grades KG-3

school-card-donut-4231676
1
/10

  • G.L.H. Johnson Elementary School

  • 680 Arnett Blvd

  • 1.34 miles

  • Public District Grades KG-3

school-card-donut-4231677
5
/10

  • Forest Hills Elementary School

  • 155 Mountain View Ave

  • 1.77 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,683. Most Danville, VA residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Danville›24540›115 Locust Ln

This home is located at 115 Locust Ln in Danville, VA and zip code 24540. This 2,255 square foot home, which was built in 1929, sits on a 0.21 acre lot. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $79,900.

The number of listings in Danville, VA increased by 31.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 65 days, the median list price was $139,900.

From Rocket Homes Real Estate and based on county public records data.

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