14
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$65,000
$89,900 27.7%
Est. payment /mo
2 Beds
1 Bath
1,500 SqFt
Sold on 06/05/2026
113 S Davie ST Cooleemee, NC 27028
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Key Details
Sold Price $65,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $43
MLS Listing ID 4375336
Bedrooms 2
Full Baths 1
Year Built 1920
Lot Size 7,840 Sqft
Property Sub-Type Single Family Residence
Property Description
113 S Davie Street | Cooleemee, NC | $95,000 | Cash/Conv/Private Lending
Below-assessed-value acquisition opportunity in Cooleemee's historic Erwin Mills neighborhood. Tax assessed at $117,120 — listed at $95,000. This 1920-built, 1,500 sq ft, 2BR/1BA mill cottage sits on a level 0.18-acre lot with city water, city sewer, and a paved, publicly maintained road. No HOA. No CCRs.
The home requires a full renovation. Known scope includes: roof repair/replacement (active penetration above kitchen), kitchen rebuild (collapsed floor and ceiling), flooring throughout, and cosmetic updates. The structure is sound (crawl space foundation, architectural shingle roof on remaining sections, vinyl siding). Covered front porch, storage shed, asphalt driveway, and washer/dryer hookups are in place.
Comparable renovated homes on Davie Street are selling in the $160,000–$190,000 range. At $95K acquisition plus estimated $40–60K renovation, this deal offers a realistic path to a 20%+ equity position at resale or a strong long-term rental hold in a market with limited inventory.
Cash, conventional, and private lending accepted. Sold strictly as-is. Lockbox access — schedule anytime.
Below-assessed-value acquisition opportunity in Cooleemee's historic Erwin Mills neighborhood. Tax assessed at $117,120 — listed at $95,000. This 1920-built, 1,500 sq ft, 2BR/1BA mill cottage sits on a level 0.18-acre lot with city water, city sewer, and a paved, publicly maintained road. No HOA. No CCRs.
The home requires a full renovation. Known scope includes: roof repair/replacement (active penetration above kitchen), kitchen rebuild (collapsed floor and ceiling), flooring throughout, and cosmetic updates. The structure is sound (crawl space foundation, architectural shingle roof on remaining sections, vinyl siding). Covered front porch, storage shed, asphalt driveway, and washer/dryer hookups are in place.
Comparable renovated homes on Davie Street are selling in the $160,000–$190,000 range. At $95K acquisition plus estimated $40–60K renovation, this deal offers a realistic path to a 20%+ equity position at resale or a strong long-term rental hold in a market with limited inventory.
Cash, conventional, and private lending accepted. Sold strictly as-is. Lockbox access — schedule anytime.
Location
State NC
County Davie
Zoning R12
Interior
Heating Electric
Cooling Electric
Flooring Carpet, Wood
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Roof Type Architectural Shingle
Building
Lot Description Level
Foundation Crawl Space
Sewer Public Sewer
Water City
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Cooleemee
Middle Schools South Davie
High Schools Davie
Others
Acceptable Financing Cash, Private
Listing Terms Cash, Private
Special Listing Condition None
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Kirk Hanson • CK Select Commercial Real Esta • kirk@ckselectrealestate.com
Bought with Kirk Hanson • CK Select Commercial Real Esta
Bought with Kirk Hanson • CK Select Commercial Real Esta
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