515 Memorial Dr, Danville, VA 24541 Property Records

Danville City property record for 515 Memorial Dr, Danville, VA 24541

Property Summary

Property TypeBank, Financial Building
Details2,314 sqft · built 1966
Lot Size0.16 acres (6,970 sqft)
OwnerIndividual Name on File
Last Sale$267,500 (Mar 2022)
Tax Bill$1,289 (2026)
Deeds & MortgagesJul 2023 Sale & Mortgage
Mar 2022 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN10231B

Property Details

APN / Parcel Number

Primary APN10231B
Alternative APN
  • 23779

Interior

Units6840 Units
Stories1 Story
Building Area2,314 sqft Total Area
1st Floor Area2,314 sqft

Exterior

Year BuiltBuilt 1966
Effective Year BuiltEffective 1966
Exterior MaterialBrick
Construction TypeConcrete Block
Fire ResistanceMasonry Walls, Wood Interior
Lot Area6,970 sqft (0.16 acres)
Lot Dimensions114 ft deep x 60 ft wide

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Street Address515 MEMORIAL DR
CityDANVILLE
StateVA
Zip24541-1015
Property CategoryCommercial
Property TypeCommercial > Office > Bank, Financial Building
Local Zoning CodeHIGHWAY RE
Legal Description65.55 FT PT NO 1C BLK M MEMORIAL DR
Legal BlockM
JurisdictionDANVILLE CITY VA
Township / Civil DivisionDANVILLE
Census Block Group2
Census Block2005
Census Tract500

Owner

515 Memorial Dr, a commercial property, is owned by an individual who bought it in March 2022.

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

Owner of RecordIndividual Name on File
Mailing Address428 PINEY FOREST RD, DANVILLE, VA 24540-4011
Owner TypeIndividual

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

DateDocument
Jul 13, 2023Deed, Transfer · Loan Assumption
PARTY III
Mar 7, 2022Warranty Deed, Transfer · Seller Carry-Back
PARTY III

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 7, 2022 · Amount on File
Deed SaleMar 7, 2022 · Amount on File
Prior SaleDec 27, 2010 · Amount on File
Deed Document Number20221077
Record UpdatedOct 29, 2026

July 2023: Deed, Transfer

Document TypeDeed
JurisdictionDANVILLE CITY VA
Recording DateJul 13, 2023
Property Address515 MEMORIAL DR, DANVILLE, VA 24541-1015
Document Number0230002432
Instrument DateJun 2, 2023
Instrument230002432
Transaction TypeTransfer
Record UpdatedAug 9, 2023

Transaction

AmountAmount on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

DateJul 13, 2023
Lender
NamePARTY III
TypePrivate Party
Agreement
TypeLoan Assumption
AmountAmount on Record
Interest
Rate TypeFixed Rate

March 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionDANVILLE CITY VA
Recording DateMar 7, 2022
Property Address515 MEMORIAL DR, DANVILLE, VA 24541-1015
Document Number0220001077
Instrument DateFeb 18, 2022
Instrument220001077
Transaction TypeTransfer
Record UpdatedApr 20, 2022
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address428 PINEY FOREST RD, DANVILLE, VA 24540-4011

Mortgage

Document Number0220001078
DateMar 7, 2022
Instrument220001078
Lender
NamePARTY III
TypePrivate Party
Agreement
TypeSeller Carry-Back
AmountAmount on Record
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

The 2026 property tax bill for 515 Memorial Dr was $1,289, up 6.4% from the year before.

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

Property Jurisdictions

TypeName
StateVirginia
MunicipalityDanville City
Unified School DistrictDanville City Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$1,289.00 (+6.44%)$155,400 (+6.44%) Land $10,300 Building $145,100$155,400 (+6.44%) Land $10,300 Building $145,100
2025$1,211.00$146,000 (-) Land $10,300 Building $135,700$146,000 (-) Land $10,300 Building $135,700
2024$1,211.00 (+110.24%)$146,000 (+6.34%) Land $10,300 Building $135,700$146,000 (+6.34%) Land $10,300 Building $135,700
2023$576.00$137,300 Land $10,300 Building $127,000$137,300 Land $10,300 Building $127,000
2021$1,129.00$134,500 Land $10,300 Building $124,200$134,500 Land $10,300 Building $124,200

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

Flood

FEMA maps place 515 Memorial Dr in Zone X, an area of minimal flood risk, within 500 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 ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force
Nearby Flood Claims11 (1987–2024)
Claims Outside the SFHA4 of 11
Most Recent ClaimJan 2024 · river or lake flooding
Claims by Event
  • Tropical Storm Michael, Oct 2018 · 3 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

The area around 515 Memorial Dr has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot rated
no burnable land within 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 SystemCITY OF DANVILLE
serves 42,590 people · EPA ID VA5590100
Water SourceSurface water
Last State InspectionOct 2023
LeadUnder 1 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityTotal trihalomethanes
resolved · Apr 2023
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 94 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
RiverStreet Networks
Fiber
500 / 500
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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