502 Locust Ln
Danville, VA 24540
- 2 Beds
- 1 Bath
- 978 sqft
$55,000
Last Sold: Nov 6, 2025
8% below list $59.9K
$56/sqft
Est. Refi. Payment $370/mo*
$55,000
Last Sold: Nov 6, 2025
8% below list $59.9K
$56/sqft
Est. Refi. Payment $370/mo*
2 Beds
1 Bath
978 sqft
Homes for sale near 502 Locust Ln
Apartments for Rent
Local Information
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Description
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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from November 07, 2025
Home Highlights
Parking
No Info
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$56/sqft
Listed
180+ days ago
Home Details for 502 Locust Ln
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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 |
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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 |
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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 |
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Price List Price: $59,900Price Per Sqft: $56/sqft |
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MLS Status: Closed |
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Direction & Address City: DanvilleCommunity: No Subdivision |
School Information Elementary School: Woodberry HillsJr High / Middle School: WestwoodHigh School: Gwhs |
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Building Area Building Area: 978 Square Feet |
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Lot Area: 4173.048 sqft |
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Mls Number: 74309Living Area Range: Less Than 1000 SqFtLiving Area Range Units: Square FeetAttic: Access OnlyAbove Grade Unfinished Area: 978 |
Last check for updates: about 2 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

Price History for 502 Locust Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 05/06/2026 | $1,000 | ListingRemoved | Zillow Rentals |
| 04/15/2026 | $1,000 | Listed For Rent | Zillow Rentals |
| 11/06/2025 | $55,000 | Sold | Dan River Region AOR #74309 |
| 10/15/2025 | $59,900 | Contingent | Dan River Region AOR #74309 |
| 07/14/2025 | $59,900 | PendingToActive | Dan River Region AOR #74309 |
| 06/17/2025 | $59,900 | Contingent | Dan River Region AOR #74309 |
| 05/21/2025 | $59,900 | Listed For Sale | Dan River Region AOR #74309 |
| 08/21/2019 | $500 | ListingRemoved | Agent Provided |
| 08/13/2019 | $500 | Listed For Rent | Agent Provided |
| 05/04/2011 | $12,550 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $192 |
| Assessment | $23,100 |
Home facts updated by county records
Comparable Sales for 502 Locust Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $75,000 | 07/11/25 | 2 | 1 | 783 | |
0.02 | Single-Family Home | $26,000 | 08/21/25 | 2 | 1 | 750 | |
0.34 | Single-Family Home | $55,000 | 06/25/25 | 2 | 1 | 775 | |
0.31 | Single-Family Home | $80,000 | 06/12/25 | 2 | 1 | 1,024 | |
0.30 | Single-Family Home | $46,000 | 09/22/25 | 2 | 1 | 1,245 |
Assigned Schools
These are the assigned schools for 502 Locust Ln.
What Locals Say about Danville
At least 217 Trulia users voted on each feature.
91 % Say car is needed
83 % 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
Learn more about our methodology.
LGBTQ Local Legal Protections
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Homes for rent near 502 Locust Ln
Off Market Homes Near 502 Locust Ln
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502 Locust Ln, Danville, VA 24540 is a 2 bedroom, 1 bathroom, 978 sqft single-family home built in 1916. This property is not currently available for sale. 502 Locust Ln was last sold on Nov 6, 2025 for $55,000 (8% lower than the asking price of $59,900). The current Trulia Estimate for 502 Locust Ln is $56,200.