506 3rd Ave, Danville, VA 24540 Property Records

Danville City property record for 506 3rd Ave, Danville, VA 24540

Property Summary

Property Type	Duplex
Details	2 bd · 2 ba · 1,277 sqft · built 1950
Lot Size	0.28 acres (12,197 sqft)
Owner	Company Name on Record
Last Sale	$30,500 (Jun 2020)
Tax Bill	$343 (2026)
Deeds & Mortgages	Jun 2020 Sale & Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`02220`

Property Details

APN / Parcel Number

Primary APN	`02220`
Alternative APN	`137727`

Interior

Bedrooms	2 Beds
Full Baths	2 Baths
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,277 sqft Total Area
1st Floor Area	2,770 sqft
Interior Walls	Plaster

Exterior

Year Built	Built 1950
Effective Year Built	Effective 1950
Architectural Style	Conventional
Exterior Material	Other
Roof Material	Composition Shingle
Lot Area	12,197 sqft (0.28 acres)
Lot Dimensions	136 ft deep x 86 ft wide
Porch	Open Porch
Porch Area	216 sqft

Utilities, Heating & Cooling

Heating System	HVAC
Sewer	Connected

Location & Zoning

Street Address	506 3RD AVE
City	DANVILLE
State	VA
Zip	24540-2604
Property Category	Residential
Property Type	Residential > Multi-Unit > Duplex
Local Zoning Code	OLD TOWN R
Legal Description	84 FT NO 3B THIRD AVE
Jurisdiction	DANVILLE CITY VA
Township / Civil Division	DANVILLE
Census Block Group	1
Census Block	1010
Census Tract	300

Owner

Source: Danville City records, as of October 9, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	8640 MARTINSVILLE HWY, DANVILLE, VA 24541-8608
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 26, 2020 · Amount on Record
Deed Sale	Jun 26, 2020 · Amount on Record
Deed Document Number	20202225
Record Updated	Oct 29, 2026

June 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	DANVILLE CITY VA
Recording Date	Jun 26, 2020
Property Address	504 3RD AVE, DANVILLE, VA 24540-2604
Document Number	0200002225
Instrument Date	Jun 12, 2020
Instrument	200002225
Transaction Type	Transfer
Record Updated	Nov 6, 2023

Transaction

Amount	Amount Recorded
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	8640 MARTINSVILLE HWY, DANVILLE, VA 24541-8608

Mortgage

Document Number	0200002226
Date	Jun 26, 2020
Instrument	200002226

Lender

Name	VIRGINIA BANK & TRUST

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	181 Months
Due	Jul 1, 2035

Interest

Rate Type	Adjustable Rate
Rate	2.75%

Tax Assessment & Valuation

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	$343.00 (+2.08%)	$41,400 (+2.22%) Land $3,600 Building $37,800	$41,400 (+2.22%) Land $3,600 Building $37,800
2025	$336.00 (+27.76%)	$40,500 (+24.62%) Land $3,600 Building $36,900	$40,500 (+24.62%) Land $3,600 Building $36,900
2023		$32,500 Land $3,600 Building $28,900	$32,500 Land $3,600 Building $28,900
2021	$263.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

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 minimal risk
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

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

Wildfire Risk	Low lower than 95% of the US · lower than 97.5% of Virginia
Wildfire Likelihood	Under 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.

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