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121 Tate St, Danville, VA, 24540

$121,000

Home List Price

$1,437*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,700 SqFt
$71/SqFt
House

Location

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121 Tate St, Danville$121,000

Buyer Closing Credits

$1,437*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1919
HeatingOther
CoolingOther
MLS #2430440
Lot Size0.24 Acres
StatusActive

About 121 Tate St

Take advantage of the cheap property taxes and the new CAESARS CASINO to maximize your investment portfolio with 8 rentable units in 4 houses. Discover this beautifully remodeled 1,700 sq ft two-story home offering both classic charm and modern potential. Set on a generous quarter-acre lot (10,328 sq ft) adorned with fruit trees, this property presents multiple opportunities for savvy investors. Property Highlights Versatile 4-bedroom layout with first-floor master suite Recently remodeled interior with preserved hardwood floors Fully equipped with appliances including washer/dryer Efficient dual heating system Durable metal roof Welcoming covered front porch Investment Opportunity Units Rental Breakdown: 2 Bedrooms @ $525 Per month 1 Bedroom in the Back w/ office @$650 Per Month 1 Rear Separate, Detached unit ( when finished) $1,000 Per month Ready-to-convert detached studio perfect for rental income Flexible space for in-law suite or efficiency apartment Multiple bathroom addition potential Separate rear house with kitchen space Private setting with established landscape Location & Amenities Spacious private driveway Fenced yard with mature fruit trees Convenient storage options Well-maintained masonry sidewalks This turnkey property offers immediate rental potential while providing multiple pathways for value appreciation through strategic improvements. Perfect for investors seeking both current income and long-term growth potential in Danville's expanding market.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1919
  • Stories: 2
  • Living Area: 1,700 SqFt

Listing Office:

  • Office Name: Dudley Resources
  • Office Phone: (804) 709-1954
  • Listing Agent: Philip Bonnie

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $121,000
  • Price Per SqFt: $71/SqFt

Tax Information:

  • Annual Amount: $179
  • Tax Year: 2021
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Housing Market Comparison

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

Med. List Price

$139.9K

Med. Price/SqFt

$100

Avg. Days On Market

65

# of Sold Homes

4

121 Tate St vs Danville

34 DAYS ON ROCKET

-31 Days

$121,000

-$18.9K Less

$71/SqFt

-$30 Less

KEY TAKEAWAY

This property is $18.9K less than the Median List Price and $30/SqFt less than other homes in Danville, VA.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2430440

Listing Office:

  • Office Name: Dudley Resources
  • Office Phone: (804) 709-1954
  • Listing Agent: Philip Bonnie

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. 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: 12/26/2024, 2:20:55 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$179$21,300
2020$179$21,300
2019$181$21,500
2018$172$21,500

History based on county public records data.

Payment Calculator

$671

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$429

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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-1649764
1
/10
  • G.L.H. Johnson Elementary School

  • 680 Arnett Blvd

  • 0.88 miles

  • Public District Grades KG-3

school-card-donut-1649765
2
/10
  • Woodberry Hills Elementary School

  • 614 Audubon Dr

  • 1.38 miles

  • Public District Grades KG-3

school-card-donut-1649766
5
/10
  • Forest Hills Elementary School

  • 155 Mountain View Ave

  • 2.98 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,518. Typical income of Danville, VA residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 121 Tate St

What is the listing price of this property?

The listing price of 121 Tate St property is $121,000.

What type of property is this?

The property 121 Tate St is a house located in Danville, Virginia, 24540.

Is this property for sale now?

Active Listing: 121 Tate St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $179 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 121 Tate St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 121 Tate St is 1,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 121 Tate St is 1919.

Rocket HomesVirginiaDanville24540121 Tate St

This home is located at 121 Tate St in Danville, VA and zip code 24540. This 1,700 square foot home, which was built in 1919, sits on a 0.24 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $121,000.

Between October 2024 and November 2024, Danville, VA real estate market has seen increase in the number of listings by 31.8%. In November 2024 median list price was $139,900 and the average listing age was 65 days.

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

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