516 3rd Ave
Danville, VA 24540
- 2 Beds
- 1 Bath
- 2,112 sqft
$138,900
as of Aug 24, 2026
$138,900
as of Aug 24, 2026
- 2 Beds
- 1 Bath
- 2,112 sqft
Home Highlights
Property Type
Single-Family Home
Year Built
1933
Living Area
2,112 sqft
Price/Sqft
$66
Local Information
-- mins to
About this House
2BR/1BA House | Hardwood floors throughout | refrigerator and gas stove | Pets considered on a case by case basis | No Smoking
516 3rd Ave, Danville, VA 24540 is a 2 bedroom, 1 bathroom, 2,112 sqft single-family home built in 1933. It last sold for $34,000 on Nov 30, 2021 (3,895% above the $851 asking price). More recently, it was listed as a rental in February 2025 with an asking price of $851 per month. That rental listing was removed on February 11, 2025. It is currently off market. The Trulia Estimate is $138,900, with a rent estimate of $1,126/month.
Home Details for 516 3rd Ave
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Heating & Cooling Heating: Electric, Heat PumpAir ConditioningCooling System: Central AirHeating Fuel: Electric |
Levels, Entrance, & Accessibility Floors: Wood |
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Year Built Year Built: 1933 |
Property Type / Style Property Type: Single Family Home |
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Lease Term: 12 Months |
Comparable Sales for 516 3rd Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $52,000 | 07/08/26 | 3 | 1 | 1,699 sqft | |
0.14 | Single-Family Home | $45,000 | 09/02/25 | 3 | 1 | 1,648 sqft | |
0.22 | Single-Family Home | $46,000 | 09/22/25 | 2 | 1 | 1,245 sqft | |
0.18 | Single-Family Home | $55,000 | 10/02/25 | 2 | 1 | 892 sqft | |
0.19 | Single-Family Home | $45,000 | 07/30/26 | 2 | 1 | 744 sqft | |
0.21 | Single-Family Home | $60,000 | 01/09/26 | 2 | 1 | 920 sqft | |
0.27 | Single-Family Home | $50,000 | 07/08/26 | 2 | 1 | 936 sqft | |
0.25 | Single-Family Home | $55,000 | 11/06/25 | 2 | 1 | 978 sqft | |
0.27 | Single-Family Home | $44,000 | 04/15/26 | 2 | 1 | 783 sqft | |
0.23 | Single-Family Home | $50,050 | 12/23/25 | 3 | 1 | 1,122 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.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.
LGBTQ Local Legal Protections
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Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 11, 2025 Source: RVAR #914043 | ListingRemoved | $851 |
Feb 3, 2025 Source: RVAR #914043 | Listed For Rent | $851 |
Aug 8, 2024 Source: Dan River Region AOR #64280 | ListingRemoved | $50,000 |
Jan 10, 2022 Source: Dan River Region AOR #64280 | Contingent | $50,000 |
Jan 10, 2022 Source: Dan River Region AOR #64280 | Listed For Sale | $50,000 |
Nov 30, 2021 Source: N/A | Sold | $34,000 |
Feb 1, 2018 Source: Agent Provided | ListingRemoved | $29,900 |
Jan 11, 2018 Source: Agent Provided | PriceChange | $29,900 Price decreased by 13% |
Jun 13, 2017 Source: Agent Provided | PriceChange | $34,500 Price decreased by 13% |
May 31, 2017 Source: Agent Provided | PriceChange | $39,500 Price increased by 14% |
May 7, 2017 Source: Agent Provided | PriceChange | $34,500 Price decreased by 13% |
Mar 29, 2017 Source: Agent Provided | PriceChange | $39,500 Price increased by 14% |
Feb 23, 2017 Source: Agent Provided | PriceChange | $34,500 Price decreased by 13% |
Feb 12, 2017 Source: Agent Provided | PriceChange | $39,500 Price increased by 14% |
Feb 9, 2017 Source: Agent Provided | PriceChange | $34,500 Price decreased by 13% |
Oct 6, 2016 Source: Agent Provided | PriceChange | $39,500 Price increased by 14% |
Sep 13, 2016 Source: Agent Provided | PriceChange | $34,500 Price decreased by 13% |
Aug 19, 2016 Source: Agent Provided | Listed For Sale | $39,500 |
Oct 8, 2009 Source: N/A | Sold | $39,500 |
Jul 7, 2009 Source: N/A | Sold | $39,105 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $349 | $42,000 |
Home facts updated by county records
Frequently asked questions about 516 3rd Ave
- What is 516 3rd Ave estimated to be worth?Trulia's estimated value for 516 3rd Ave in Danville, VA is $138,900.
- What is the price history for 516 3rd Ave?516 3rd Ave in Danville, VA last sold for $34,000 in November 2021.
- 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 $153K. That is up $8.33K from the prior month.
- Does 516 3rd Ave have air conditioning?Yes, 516 3rd Ave in Danville, VA has air conditioning.
Homes for rent near 516 3rd Ave
Affordability
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For this property
PER YEAR
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Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

