Back on the market through no fault of the sellers. This great tenant-occupied home is in a great location. Close to bus line and shopping/dining. Wonderful porch for enjoying your morning coffee. Long-term tenant who wants to stay. Don't let this one get away.
Sold for $55,000
$55,000
502 Locust Ln, Danville, VA 24540
2beds
978sqft
Single Family Residence
Built in 1916
4,173.05 Square Feet Lot
$56,700 Zestimate®
$56/sqft
$992 Estimated rent
Home value
$56,700
Estimated sales range
Not available
$992/mo
Zestimate® history
Owner options
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$992/mo
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$992/mo
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$263/mo
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Zillow last checked:
Listing updated:
Listed by:
Julie Hughes 434-429-2487,
WILKINS & CO., REALTORS, INC.
Bought with:
Kelly Riddle, 0225213465
HAUSER REALTY GROUP
Source: Dan River Region AOR,MLS#: 74309
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Basement
- Area: 0
Heating
- Furnace, Natural Gas, Electric
Cooling
- Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator
Features
- Dining Room
- Flooring: Carpet Over Hardwood, Vinyl, Hardwood
- Basement: Crawl Space
- Attic: Access Only
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 978
- Total interior livable area: 978 sqft
- Finished area above ground: 978
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage, No Carport
Features
- Levels: One
- Patio & porch: Porch, Front
Lot
- Size: 4,173 sqft
- Features: Less than 1 acre
Details
- Parcel number: 00715
- Zoning: OLD TOWN RESIDENTIAL
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Composition
Condition
- 75 Plus Years Old
- New construction: No
- Year built: 1916
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Danville
- Subdivision: No Subdivision
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listing removed | $1,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/15/2026 | Listed for rent | $1,000+100%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/6/2025 | Sold | $55,000-8.2%$56/sqft |
Source:  Dan River Region AOR #74309 Report a problem | ||
| 10/15/2025 | Contingent | $59,900$61/sqft |
Source: Dan River Region AOR #74309 Report a problem | ||
| 7/14/2025 | Listed for sale | $59,900$61/sqft |
Source: Dan River Region AOR #74309 Report a problem | ||
| 6/17/2025 | Contingent | $59,900$61/sqft |
Source: Dan River Region AOR #74309 Report a problem | ||
| 5/21/2025 | Listed for sale | $59,900+377.3%$61/sqft |
Source: Dan River Region AOR #74309 Report a problem | ||
| 8/21/2019 | Listing removed | $500$1/sqft |
Source: Wilkins & Co Realtors Report a problem | ||
| 8/13/2019 | Listed for rent | $500$1/sqft |
Source: Wilkins & Co Realtors Report a problem | ||
| 5/4/2011 | Sold | $12,550$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $192 0% | $23,100 |
| 2024 | $192 +14.7% | $23,100 +16.1% |
| 2023 | $167 | $19,900 |
| 2022 | $167 +12.4% | $19,900 +12.4% |
| 2021 | $149 | $17,700 |
| 2020 | $149 -1.7% | $17,700 -1.7% |
| 2019 | $151 +5% | $18,000 |
| 2018 | $144 -5.3% | $18,000 -5.3% |
| 2017 | $152 | $19,000 |
| 2016 | $152 +7.3% | $19,000 -2.1% |
| 2015 | $142 | $19,400 |
| 2014 | $142 -5.4% | $19,400 |
| 2013 | $150 | -- |
| 2012 | $150 -5.1% | -- |
| 2011 | $158 | -- |
| 2009 | -- | -- |
Find assessor info on the county website
Neighborhood: 24540
Nearby schools
GreatSchools rating
- 3/10Woodberry Hills Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Westwood Middle SchoolGrades: 6-8Distance: 1 mi
- 2/10George Washington High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Woodberry Hills
- Middle: Westwood
- High: Gwhs
Source: Dan River Region AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Virginia
- Danville City
- Danville
- 24540
- 502 Locust Ln
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