121 Colonial Ct, Danville, VA 24540 Property Records

Danville City property record for 121 Colonial Ct, Danville, VA 24540

Property Summary

Property Type	Quadplex
Details	8,320 sqft · built 1971
Lot Size	0.51 acres (22,216 sqft)
Owner	Company Name on File
Last Sale	$4,000,000 (Feb 2025)
Tax Bill	$1,917 (2026)
Deeds & Mortgages	Jan 2022 Sale & Mortgage
Flood Zone	Zone X (moderate risk)
APN	`51722`

Property Details

APN / Parcel Number

Primary APN	`51722`
Alternative APN	`14391`

Interior

Units	5 Units
Stories	1 Story
Building Area	8,320 sqft Total Area

Exterior

Year Built	Built 1971
Effective Year Built	Effective 1971
Architectural Style	Quadruplex
Exterior Material	Brick Veneer
Lot Area	22,216 sqft (0.51 acres)
Pool Type	Pool Type
Pool Area	240 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Heat Pump

Location & Zoning

Street Address	121 COLONIAL CT
City	DANVILLE
State	VA
Zip	24540-2416
Property Category	Residential
Property Type	Residential > Multi-Unit > Quadplex
Local Zoning Code	MULTI-FAMI
Legal Description	TRACT ON N W SIDE COLONIAL CT
Legal Tract	O
Jurisdiction	DANVILLE CITY VA
Township / Civil Division	DANVILLE
Census Block Group	1
Census Block	1000
Census Tract	300

Owner

121 Colonial Ct, a quadplex, is owned by a company that bought it in February 2025.

Source: Danville City records, as of October 1, 2026

Owner of Record	Company Name on File
Mailing Address	13319 POWAY RD, POWAY, CA 92064-4627
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 14, 2025 · Amount on File
Deed Sale	Feb 14, 2025 · Amount on File
Prior Sale	Jan 26, 2022 · Amount on File
Deed Document Number	2025532
Deed Book / Page	82
Record Updated	Oct 29, 2026

January 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	DANVILLE CITY VA
Recording Date	Jan 26, 2022
Property Address	121 COLONIAL CT, DANVILLE, VA 24540-2416
Document Number	0220000448
Instrument Date	Jan 21, 2022
Instrument	220000448
Transaction Type	Transfer
Record Updated	Feb 23, 2022
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1602 BELLE VIEW BLVD # 3077, 3077, ALEXANDRIA, VA 22307-6531

Mortgage

Document Number	0220000449
Date	Jan 26, 2022
Instrument	220000449

Lender

Name	LIMA ONE CAPITAL LLC

Agreement

Type	Balloon Mortgage
Amount	Amount on Record
Term	361 Months
Due	Feb 1, 2052

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

The 2026 property tax bill for 121 Colonial Ct was $1,917, up 3.1% from the year before.

Source: Danville City assessment roll, as of October 1, 2026

Property Jurisdictions

Type	Name
State	Virginia
Municipality	Danville City
Unified School District	Danville City Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$1,917.00 (+3.06%)	$231,000 (+3.03%) Land $7,500 Building $223,500	$231,000 (+3.03%) Land $7,500 Building $223,500
2025	$1,860.00 (+29.89%)	$224,200 (+29.9%) Land $7,500 Building $216,700	$224,200 (+29.9%) Land $7,500 Building $216,700
2024	$1,432.00 (+17.57%)	$172,600 (+18.95%) Land $7,500 Building $165,100	$172,600 (+18.95%) Land $7,500 Building $165,100
2023	$1,218.00	$145,100 Land $7,500 Building $137,600	$145,100 Land $7,500 Building $137,600
2022	$1,218.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 121 Colonial Ct in Zone X, an area of moderate flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective March 25, 2016 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Nearest Special Flood Hazard Area	Zone AE, within 100 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	14 (2018)
Most Recent Claim	Oct 2018 · Tropical Storm Michael
Claims by Event	Tropical Storm Michael, Oct 2018 · 5 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 121 Colonial Ct is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 71% of Virginia
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF DANVILLE serves 42,590 people · EPA ID VA5590100
Water Source	Surface water
Last State Inspection	Oct 2023
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Total trihalomethanes resolved · Apr 2023
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 374 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless	100 / 20

May also be available: RiverStreet Networks.

Nearby Properties on Colonial Ct

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures