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$6,697.00

0.28 acres | Residential Zoning

Small town charm in the heart of Southern Virginia. This sprawling 12,196 sq. ft. lot is two lots sold in one package. Just over a quarter acre and ready for your forever home, there is a chain link fence surrounding the lot. Located in a charming neighborhood in-between Danville and Schoolfield. Just 1 mile from Dan River and up the street from Danville Community College. The property is cleared with a few trees lining the back. There is a paved road leading in, with all utilities provided. The larger city of Greensboro, North Carolina is 43 miles away. This property won’t last long. Act now!

Land Specifics

Property Number 11226
Size 0.28 acres
Dimensions 100' x 121'
Road Access Paved Road
Slope Description Mostly Flat
Zoning Residential
Zoning Code OT-R (Old Town Residential)
Zoning Definition

OT-R (Old Town Residential): Permitted uses include Single family detached dwellings, Accessory uses, limited to detached carport and garages, tool sheds, children's playhouses and play structures, and dog houses, Churches and places of worship, Home occupations, Public parks and playgrounds. Uses permitted by special permit include Attached residential (townhouse dwellings) Bed and breakfast inn, or tourist home (as defined), Daycare centers (adult and child), Group home, Family day care home, Post-release housing, and more. Maximum Density Five (5.0) dwelling units per net developable acre. Lot Size Requirements. Minimum lot area: A. Conventional single-family lot: 6500 square feet. B. Duplex lot (1 attached unit/lot): Interior lot: 4000 square feet. Corner lot: 4500 square feet. Bulk Regulations: 1. Height: Residential building height: 35 feet (principal and accessory uses). Accessory structures: 24 feet. 2. Minimum yard requirements: Single Family Front 20 ft, Side 10 ft, Rear 25 ft. Duplex Front 25 ft, Side 12 ft, Rear 25 ft. 3. A maximum floor area ratio equal to 0.25 shall apply to uses other than residential.

On Property Usage/Potential
Nearby Usage

Location

County Danville
State Virginia
Property Video Tour
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Additional Information

Assessor Parcel Number (APN) 25321 AND 25038
Estimated Annual Taxes $45.50
Legal Description

Lots Nos 8a and 9A fronting 50 feet each on the southern margin of Juless Street as shown on Map showing Change in Lots for Giles E and Doris S Milton dated February 21, 1981, prepared by HS Peirce, surveyor, recorded in the Clerk's Office of the Circuit Court of the City of Danville, Virginia, in Map Book 16, at page 49; and BEING IN FACT the same property conveyed to Giles E Milton and Doris S Milton from John J Neal Jr et al, by deed dated October 6, 1980, recorded in the aforesaid Clerk's office in Deed Book 636, at page 158, to which map and deed reference is here made for a more particular description of the property herein conveyed. Giles E Milton died February 23, 1989, thereby vesting Doris S Milton with fee simple title by provision of the survivorship clause in the aforesaid deed. Doris Stephens Milton, the same person as Doris S Milton, died testate October 21, 2015, with her last will and testament having been duly probated and recorded in the aforesaid Clerk's Office as part of Court File 150000276 by which she devised the herein conveyed property to the trustee of the testemantary trust established therein. John E. Stephens qualified as Trustee of the Trust created under the will of Doris Stephens Milton, deceased, on May 9 2017 as part of Court File No. 17000145. John E. Stephens, trustee of the Testamentary Trusted created under the will of Doris Stephens Milton, deceased, conveyed said property to Carysfort Reef LLC, a Wyoming limited liability company by Deed of Bargain and Sale made march 4, 2019 and recorded March 8, 2019 as Instrument No. 19-962 in the records of the City of Danville, Virginia.

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Finance Terms

Purchase Price $6,697.00
Interest Rate 9.7%
Loan Term 4 years 6 months
Total Monthly Payment $163.89

Due Today

Down Payment $149.00
Document Fee $149.00
Transfer Tax $6.70
Total Due Today: $304.70

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Purchase Price $6,697.00
Your Pay in Full Discount -$1,339.40
Your Price Today = $5,357.60
Document Fee + $149.00
Transfer Tax + $6.70
Total Due Today $5,513.30
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