This home offers lots of potential, front and rear access with off street parking, 2 bedrooms, dining, update kitchen, fenced in back yard with a small shop and a larger one out front that would be a great craft, woodworking, hobby shop and there is also attic space that was used as a bedroom at one time, no access currently. Parcel is zoned OT-R, a single family zoning classification. Thorough research there is a record where the front building was used for business purposes in 2003, but no record more current, and the city has no record of it being used legally as a residence. The OT-R zoning classification allows no more than one single family dwelling per parcel and would not allow the front building to be used for anything more than storage.
Sold for $55,000
$55,000
520 3rd Ave, Danville, VA 24540
2beds
1,368sqft
Single Family Residence
Built in 1929
0.32 Acres Lot
$106,900 Zestimate®
$40/sqft
$1,073 Estimated rent
Home value
$106,900
$87,000 - $127,000
$1,073/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Bob Jacobs 434-793-4840,
JACOBS REAL ESTATE
Bought with:
Bob Jacobs, 0225105768
JACOBS REAL ESTATE
Source: Dan River Region AOR,MLS#: 69539
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Basement
- Area: 0
Heating
- Furnace, Natural Gas
Cooling
- Central Air
Appliances
- Included: None
- Laundry: Electric Dryer Hookup, Washer Hookup, 1st Floor Laundry
Features
- 1st Floor Bedroom, Cable TV
- Flooring: Wall/Wall Carpet, Hardwood, Laminate
- Basement: None
- Attic: Access Only
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,368
- Total interior livable area: 1,368 sqft
- Finished area above ground: 1,368
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage, No Carport
Features
- Levels: One
- Patio & porch: Patio, Porch, Front, Side Porch
- Exterior features: None
- Fencing: Fenced Yard
Lot
- Size: 0.32 Acres
Details
- Parcel number: 04552
- Zoning: OTR
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Composition
Condition
- 75 Plus Years Old
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Danville
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2024 | Sold | $55,000+14.8%$40/sqft |
Source:  Dan River Region AOR #69539 Report a problem | ||
| 4/9/2024 | Pending sale | $47,900$35/sqft |
Source: Dan River Region AOR #69539 Report a problem | ||
| 3/14/2024 | Listed for sale | $47,900-33.8%$35/sqft |
Source: Dan River Region AOR #69539 Report a problem | ||
| 1/31/2024 | Sold | $72,400-19.5%$53/sqft |
Source: Public Record Report a problem | ||
| 1/10/2024 | Price change | $89,900-10%$66/sqft |
Source: Dan River Region AOR #68943 Report a problem | ||
| 11/29/2023 | Price change | $99,900-9.1%$73/sqft |
Source: Dan River Region AOR #68943 Report a problem | ||
| 10/25/2023 | Listed for sale | $109,900$80/sqft |
Source: Dan River Region AOR #68943 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $347 | $41,800 |
| 2024 | $347 +9.6% | $41,800 +10.9% |
| 2023 | $317 | $37,700 |
| 2022 | $317 +1.9% | $37,700 +1.9% |
| 2021 | $311 | $37,000 |
| 2020 | $311 -0.8% | $37,000 -0.8% |
| 2019 | $313 +5% | $37,300 |
| 2018 | $298 -4.8% | $37,300 -4.8% |
| 2017 | $314 +9.6% | $39,200 |
| 2016 | $286 +0.3% | $39,200 +0.3% |
| 2015 | $285 | $39,100 |
| 2014 | $285 -1.5% | $39,100 |
| 2013 | $290 -11.4% | -- |
| 2012 | $327 -0.2% | -- |
| 2011 | $328 | -- |
| 2009 | -- | -- |
| 2007 | $343 +0% | -- |
| 2006 | $343 +1.4% | -- |
| 2005 | $338 | -- |
| 2004 | $338 +2.8% | -- |
| 2003 | $329 | -- |
Find assessor info on the county website
Neighborhood: 24540
Nearby schools
GreatSchools rating
- 1/10G.L.H. Johnson Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Westwood Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10George Washington High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Johnson
- Middle: Bonner
- 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
- 520 3rd Ave
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