502 Locust Ln, Danville, VA 24540
OFF MARKET

$56,100

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 978 sqft

502 Locust Ln, Danville, VA 24540

Est. Refi. Payment $404/mo*
Refinance Your Home
Currently Off Market - Sold Nov 6, 2025 for $55,000

Home Value

Trulia Estimate
$56.1K
Since last month
Decreased$100 (-0.2%)
Since last year
Increased$900 (+1.6%)
Since last sale
Increased$1K (+1.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +183% in the last 10 years
MonthEstimated value
2026
September 2026$56K
August 2026$56K
July 2026$56K
June 2026$57K
May 2026$56K
April 2026$56K
March 2026$56K
February 2026$55K
January 2026$55K
2025
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
203 Cunningham St, Danville, VA
0.06
Single-Family Home
$44,000
04/15/26
2
1
783
541 3rd Ave, Danville, VA
0.17
Single-Family Home
$52,000
07/08/26
3
1
1,699
540 Rice St, Danville, VA
0.19
Single-Family Home
$65,000
09/11/26
2
1
672
209 Rocklawn Ave, Danville, VA
0.48
Single-Family Home
$50,050
12/23/25
3
1
1,122

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
517 Locust Ln, Danville, VA 24540
0.04
$137,200
3
3
1,800
Off Market
460 Locust Ln, Danville, VA 24540
0.02
$26,600
2
1
750
Off Market
426 Arnett Blvd, Danville, VA 24540
0.09
$171,900
3
2
1,133
Off Market
408 Arnett Blvd, Danville, VA 24540
0.08
$207,800
3
2
1,356
Off Market
446 Arnett Blvd, Danville, VA 24540
0.12
$202,200
4
2
1,656
Off Market
452 Arnett Blvd, Danville, VA 24540
0.13
$139,900
3
1
1,025
For Sale
203 Cunningham St, Danville, VA 24540
0.06
$44,000
2
1
783
Recently Sold
184 Sherwood Dr, Danville, VA 24540
0.10
$175,900
2
1
997
For Sale
180 Sherwood Dr, Danville, VA 24540
0.12
$196,900
3
1
1,418
Off Market
104 Lowell St, Danville, VA 24540
0.17
$146,500
3
1
929
For Sale
126 Midland St, Danville, VA 24540
0.13
$76,800
2
1
783
Off Market

Local Information

  • Map ViewExplore the area around 502 Locust Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1916
978 sqft
$57/sqft

About this House

What's unique:Comfortable layoutCentral hvacCarpet floors
Back on the market through no fault of the sellers. This great tenant-occupied home is in a great location. Close to bus line and shopping/dining. Wonderful porch for enjoying your morning coffee. Long-term tenant who wants to stay. Don't let this one get away.
502 Locust Ln, Danville, VA 24540 is a 2 bedroom, 1 bathroom, 978 sqft single-family home built in 1916. It last sold for $55,000 on Nov 6, 2025 (8% below the $59,900 asking price). More recently, it was listed as a rental in April 2026 with an asking price of $1,000 per month. That rental listing was removed on May 6, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $56,100, with a rent estimate of $1,068/month.
Last check for updates: about 16 hours ago
Listed by Julie Hughes, (434) 429-2487
WILKINS & CO., REALTORS, INC.
Bought with: Kelly Riddle, (434) 710-9741, HAUSER REALTY GROUP
Source: Dan River Region AOR, MLS#74309

Home Details for 502 Locust Ln

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 5Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 978 Square Feet
Appliances & Utilities
Appliances: Electric Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: Furnace,Natural Gas,ElectricHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Furnace
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet Over Hardwood, Vinyl, Hardwood
Levels, Entrance, & Accessibility
Levels: OneFloors: Carpet Over Hardwood, Vinyl, Hardwood

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Porch, Front
Parking & Garage
No CarportNo GarageNo Attached GarageParking: No Garage,No Carport
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 978 Square Feet

Property Information

Year Built
Year Built: 1916
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Aluminum SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Condition: 75 Plus Years Old

Price & Status

Price
List Price: $59,900

Active Status

MLS Status: Closed

Location

Direction & Address
City: DanvilleCommunity: No Subdivision
School Information
Elementary School: Woodberry HillsJr High / Middle School: WestwoodHigh School: Gwhs

Building

Building Area
Building Area: 978 Square Feet

Lot Information

Lot Area: 4173.048 sqft

Miscellaneous

Mls Number: 74309Living Area Range: Less Than 1000 SqFtLiving Area Range Units: Square FeetAttic: Access OnlyAbove Grade Unfinished Area: 978

Price and Tax history

DateEventPrice
May 6, 2026
Source: Zillow Rentals
ListingRemoved
$1,000
Apr 15, 2026
Source: Zillow Rentals
Listed For Rent
$1,000
Nov 6, 2025
Source: Dan River Region AOR #74309
Sold
$55,000
Oct 15, 2025
Source: Dan River Region AOR #74309
Contingent
$59,900
Jul 14, 2025
Source: Dan River Region AOR #74309
PendingToActive
$59,900

Market trends in Danville

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$166K
$13.33KMoM
Sale-to-List Price
98.3%
0.2%MoM
Price per sq ft
$116
$4MoM
Available listings
285
8MoM

Around this home

What Locals Say about Danville

At least 217 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 82 % Say yards are well-kept

  • 80 % Say parking is easy

  • 68 % Say it's dog friendly

  • 64 % Say there's holiday spirit

  • 61 % Say there's wildlife

  • 56 % Say kids play outside

  • 54 % Say neighbors are friendly

  • 47 % Say it's quiet

  • 45 % Say streets are well-lit

  • 43 % Say people would walk alone at night

  • 41 % Say it's walkable to grocery stores

  • 39 % Say they plan to stay for at least 5 years

  • 38 % Say there are sidewalks

  • 36 % Say it's walkable to restaurants

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Paula Powell
    "There are many families in our neighborhood. It is friendly. I feel safe walking in my neighborhood. It is close to grocery, bank, gas, dollar general and local Italian place. Everything within 1 mile. "
    1
    Flag
  • Paula Powell
    "This is a family friendly neighborhood with lots of kids. You can walk the neighborhood at night with no worries. Everyone is friendly. "
    0
    Flag
  • Paula Powell
    "I’ve lived in this neighborhood for 23 years. It is quiet and family friendly. Kids play outside and folks walk the neighborhood. There is a bank, grocery store, local eating place, corner store and dollars general close by. "
    0
    Flag
  • Paula Powell
    "This is a family neighborhood. Everyone is friendly and respectful of one another. Safe for kids to ply outdoors. Safe to walk around the neighborhood. Close to grocery store, bank, gas station, fire dept, church and corner store for coffee. Best neighborhood ever. "
    0
    Flag
  • Trulia User
    "Very nice place lots to do for a small town. Very clean and peaceful. Lots of development happening but it seems to be well planned as to preserve and showcase the local environment. The waterways are clean and full of wildlife. "
    0
    Flag
  • Dkmanika67
    "A lot of fast cars go down city street with disregard of people and animals. Need more police presence "
    2
    Flag
  • Ayana Barksdale
    "Always show your babies the most love you possibly can ALWAYS they are so little and they just love your love mom and dad so keep being great and shower them with love "
    3
    Flag
  • Joyce.taylor2
    "I will be moving due to increase in the rent sadly I really liked the place and my neighbors Hope I can find a place just as peaceful as this place "
    2
    Flag
  • Joyce.taylor2
    "Very easy to get to and from where I live I have very friendly neighbors sadly I have to move out of the house I’m in "
    1
    Flag
  • Joyce.taylor2
    "Easy very easy to get to from and very nice and quiet place to live and very peaceful grocery store right down the road "
    0
    Flag
  • Trulia User
    "Not that great for kids not safe. Some shootings speednlimit on West Main St. Is too high. The power is out a lot due to the cars hitting the power piles. We live in the Mayfield Apartments and can't trust our neighbors not to take out deliveries. Also recently the area has become very trashy. We've been here for close 10 years and it's gone down hill even more. "
    3
    Flag
  • Pokesmomof2
    "It’s quiet and everyone picks up after there dog! Just no area for the dogs to run, if they had a dog park it would be better "
    0
    Flag
  • Latanika T.
    "The neighborhood is quiet friendly the neighbors are awesome and neighborly my neighborhood is unique because it is clean"
    0
    Flag
  • Amanda82290
    "Lots of owners walk their pets here! They pick up after them & such. It’s a very nice well lit neighborhood but we don’t have sidewalks. "
    21
    Flag
  • Amanda82290
    "It has amazing potential & is such a warm, welcoming, southern town! The downtown district since being remodeled is gorgeous! "
    5
    Flag
  • Goofygooberbutter
    "My neighborhood has public bus access and is located a few miles away from downtown. 5-10 driving distance away from grocery or fast food. Crosswalks in the city of Danville are everywhere including bike paths for cyclists. "
    0
    Flag
  • Jazzitupabit 4.
    "Come and visit our neighborhood, and you will see that is quiet and friendly. We do wish that we knew our neighbors better."
    0
    Flag
  • Hnjohnston96
    "Safe communities are available if researched appropriately. Great place to raise a family. Not too far from many vacation locations just as the beach, mountains, larger cities, etc. "
    12
    Flag
  • Nickofdorset
    "Getting busier and more crowded by the week. But nice community and decent weather. Reasonable cost of living and improving influx of new businesses "
    0
    Flag
  • Bayturtle5
    "good neighbors...quiet...good location...friendly...helpful....we all help each other out any time it is possible."
    11
    Flag
  • Ethel J.
    "Neighborhood cookouts, the pool is open for the summer but it’s not marketed as a feature for the neighborhood and I don’t pay an HOA fee."
    0
    Flag
  • Daniel H.
    "there are lots of other dogs in this are so pretty much any time of the day someone is out with their dog. if your dog is friendly or small it's ok but if you have a moody pet this can get annoying. the people that live in this are are very pet friendly "
    0
    Flag
  • Shadowwood resident
    "Quiet older subdivision bordering the county Minutes from interstate with close proximity to grocery stores and shopping centers "
    0
    Flag
  • Tanyadsparks
    "You see dog owners walking their dogs all the time and everyone is very friendly in our neighborhood. "
    0
    Flag
  • Thevideoarchitect
    "Please watch out for the pride of feral cats. They hang out near gutters. Danville needs to watch out for them! "
    0
    Flag
  • Tamathaw10
    "I haven’t lived in this neighborhood long but the neighbors are sweet and I don’t have any problems with them. "
    0
    Flag
  • Dojushan
    "My neighborhood has a leash law which is very good and nearly everyone abides by it. You rarely see unleashed dogs (of course occasionally they do escape their homes!)"
    8
    Flag
  • Nestassia H.
    "idk this place suck and ready to leave. danville is cheap but there is no excitement here. i dont think anyone care about the other."
    5
    Flag
  • Kathy W.
    " I lived in this neighborhood for over 3 years now. Everyone is nice we look out for each other period is very close to restaurants walking distance. It also have a 24 hour laundromat which is open to the public."
    1
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 502 Locust Ln

  • What is 502 Locust Ln estimated to be worth?
    Trulia's estimated value for 502 Locust Ln in Danville, VA is $56,100.
  • What is the price history for 502 Locust Ln?
    502 Locust Ln in Danville, VA last sold for $55,000 in November 2025.
  • Is Danville a buyer's or seller's market?
    Danville is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Danville?
    The median sale price in Danville is $166K. That is up $13.33K from the prior month.
  • Does 502 Locust Ln have air conditioning?
    Yes, 502 Locust Ln in Danville, VA has air conditioning.
  • How big is the lot at 502 Locust Ln?
    The lot at 502 Locust Ln in Danville, VA is about 0.10 acres (4,173 sq ft).

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

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Off Market Homes Near 502 Locust Ln

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