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$5,897.00

0.52 acres | Residential Zoning

Located in beautiful south-central Virginia is this stunning lot. Covered with mature, shade giving trees, this 22,651 sq. ft. parcel is on the northeast edge of Danville, a bustling community. There is a river just north of the property and a paved road leading in. Power is available and there are several neighbors nearby. From beautiful nature walks, to a vibrant night life, this area has it all. Seize this deal before it’s gone.

Land Specifics

Property Number 10923
Size 0.52 acres
Dimensions 213' x 201' x 124' x 100'
Road Access Paved Road
Slope Description Sloped
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
Other Maps

Additional Information

Assessor Parcel Number (APN) 74210
Estimated Annual Taxes $9.60
Legal Description

All that certain lot or parcel of land, together with any improvements thereon and appurtenances thereunto belonging, situate in the City of Danville, Virginia (having been annexed from the County of Pittsylvania, Virginia on January 1, 1988) and more particularly described as: BEGINNING at an iron in the northern margin of the Old Ringgold Road, at a corner with James Stone, as shown on the hereinafter described map; thence along said road N 80 deg 03' W 95.7 feet to an old iron road at a corner with Robert Mitchell; thence N 3 deg 21' E 192 feet to an iron; thence S 88 deg 59' E 126.4 feet to an iron at corner with James Stone; thence with his line, S 12 deg 01' W 212 feet to an iron in margin of said road at the point and place of beginning. All of which is shown on map showing Lot 5 of W. B. Motley Estate made July 1, 1949 by E.L. Moore, CLS, recorded in the Clerk's Office of the Circuit court of Pittsylvania County Virginia in Deed Book 452 at Page 62; and BEING IN FACT the same property conveyed to James Stone and Leola Stone, husband and wife, with the right of survivorship from l.B. Motley et als by deed dated May 17, 1963 recorded in the aforesadi Clerk's office in Deed Book 452, at page 60, to which map and deed reference is hereby made for a more particular description of the property herein conveyed.

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Finance Terms

Purchase Price $5,897.00
Interest Rate 9.7%
Loan Term 4 years
Total Monthly Payment $155.73

Due Today

Down Payment $149.00
Document Fee $149.00
Transfer Tax $5.90
Total Due Today: $303.90

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Purchase Price $5,897.00
Your Pay in Full Discount -$1,179.40
Your Price Today = $4,717.60
Document Fee + $149.00
Transfer Tax + $5.90
Total Due Today $4,872.50
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