Buyers seeking a rare opportunity should take notice of this upcoming Delinquent Tax Auction for the City of Danville, Virginia. This offering—371 Norwood Drive—is one of 37 total properties being sold through a simulcast auction, with both online and in-person bidding available on the final day. Whether you are an investor, contractor, flipper, or anyone who understands the value of auction-acquired real estate, this event presents a chance to secure a property at a price determined entirely by competitive bidding.
Please note: The list price is not the final sale price. The actual purchase price will be determined at the auction and is subject to court approval.
Auction Format & Participation
The auction is structured to accommodate all buyer types:
Online Bidding
Register and bid through the listing company’s website—ideal for remote participants.
In-Person Bidding
Danville City Council Chambers, 4th Floor, Municipal Building
427 Patton Street
Date: December 11, 2025
Bidding Starts: 12:00 PM
Arrival Time: Please arrive by 11:30 AM for registration
Important Auction Terms
As with all delinquent tax properties, this sale has specific conditions:
Sold As-Is, Where-Is
Includes all defects, faults, and conditions
No warranties, guarantees, or representations of any kind
Listing agent makes no claims regarding condition, acreage, improvements, or fixtures
High bid requires court approval
Winning bidder must pay a 10% buyer’s premium
All buyers are strongly encouraged to conduct their own due diligence prior to bidding.
Property Details – 371 Norwood Drive
Located on an improved 0.18± acre lot, this property features a large home offering:
4 bedrooms
2 bathrooms
2,376 sq ft (per tax records)
Built in 1953
Additional identifiers:
Tax ID: 52040
TACS Number: 120086
Legal Description: 64 FT NO 70 NORWOOD DR
Although the condition is not guaranteed, the size and layout provide clear potential for a buyer with vision. Properties of this scale in Danville can accommodate various future uses depending on the buyer’s goals, research, and renovation plans.
Why Consider a Tax Auction Purchase?
Delinquent tax auctions often appeal to buyers seeking value and opportunity. Potential advantages include:
Possibility of acquiring a property at a reduced price
Access to properties not offered on the traditional market
Opportunity to invest in renovation or redevelopment
However, these purchases require buyers comfortable with As-Is conditions and committed to proper due diligence.
Location Highlights
Norwood Drive is situated within the City of Danville, an area experiencing ongoing revitalization and investment. Nearby amenities, conveniences, and road access make this a promising location for future improvements.
How to Prepare
Before bidding, prospective buyers should:
Review all auction terms on the listing company’s website
Register early for online or in-person bidding
Conduct thorough property research
Understand all fees, including the buyer’s premium
Be fully prepared for the As-Is nature of the sale
A Unique Opportunity
This large four-bedroom home on an improved lot offers meaningful potential for investors, renovators, or value-focused buyers. As one of 37 properties included in the Delinquent Tax Auction, it represents a unique chance to secure real estate through a competitive and accessible bidding process.
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