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580 River Oak Drive

580 River Oak Drive, Danville, VA 24541
Property in Danville
Sold Dec 08, 2020
$630,000
$504,000 by First Citizens Bank & Trust Co
Mortgage
Sold May 15, 2012
$95,000
580 River Oak Drive in Danville, VA was first built in 2013 and is 11 years old. This has been categorized as a residential property type. It is a single story home. 580 River Oak Drive has 3,602 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 741,827 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 879 sqft. As for heating, the home is utilizing a gas heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 580 River Oak Drive sold most recently in Oct 15, 2020 for a total of $630,000. If you work out the math, that's approximately a cost of $174.90 per sqft. Before that, the property was also sold for $95,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,885 in taxes each year. 580 River Oak Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $581,600. If we break it down further, the land itself was valued at $87,000. Improvements to the property, however, were assessed at a total of $494,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,800
  • Garage Type: Attached
  • Garage Square Area: 879
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 741,827
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,602
  • Gross Building Area: 3,602
  • Building Area: 3,602
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 3,602
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HERMITAGE DRIVE
  • Land Acres: 17.03
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 17.019 AC NO 2 RIVER OAK DR & HERMITAGE DR

Ownership

  • Current Owner : HARDWAY CHAD M
  • Current Owner 2: HARDWAY MELISSA R
  • Previous Owner : ALVAREZ ORLANDO M
  • Previous Owner 2: ALVAREZ OLGA E
  • Owner Before Previous Owner: RIVER LANDING LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Danville City Public Schools
  • Census Tract: 000900

Zoning

  • Zoning: THRESHOLD

Geography

  • Parcel: 57663
  • Latitude: 36.5714
  • Longitude: -79.4559

    Address

  • Full Address: 580 River Oak Dr
  • Address - House Number: 580
  • Address - Street Name: River Oak
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Danville
  • Carrier Code: C046
  • 4-Digit Zip Code: 5820
  • Zip Code: 24541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,885

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $504,000
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Dec 08, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $504,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $581,600
  • Market Land Value: $87,000
  • Market Improvement Value: $494,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $581,600
  • Assessed Land Value: $87,000
  • Assessed Improvements Value: $494,600

    Sales

  • Current Sale Contract Date: Oct 15, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Transaction ID: 11808077138
  • Current Sale Price: $630,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200004564
  • Previous Sale Recording Date: May 15, 2012
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Dec 08, 2020
  • First Mortgage Loan Amount: $504,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Danville



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Frequently Asked Questions

What neighborhood is 580 River Oak Drive located in?
The 580 River Oak Drive is a located in the neighborhood of Danville in Danville, Danville.
What is the average sales price for listings in 580 River Oak Drive?
The average sales price for units in 580 River Oak Drive is $0 currently.

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