113 Davie Street, Cooleemee NC
- 2 Bed
- 1 Bath
- 1500 ft2
- 0.2 ac
For Sale $89,900
Remarks:
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.
General Information:
| List Price: | $89,900 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1500 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4375336 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Lot Description: | Level |
| Year Built: | 1920 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Cooleemee |
| Middle: | South Davie |
| High: | Davie |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 08-07-2025 | Under Contract | $149,999 | $100 |
| 07-18-2025 | Listed | $149,999 | $100 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Cooleemee Elementary School | 0 miles | KG-05 | 5 |
| Mocksville Elementary School | 6 miles | KG-05 | 6 |
| Cornatzer Elementary | 7 miles | KG-05 | 7 |
| J F Hurley Elementary School | 8 miles | KG-05 | 2 |
| Harold D Isenberg Elementary | 8 miles | PK-05 | 1 |
| Cleveland Elementary School | 9 miles | KG-05 | 3 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 113 Davie Street, Cooleemee NC | 0 mi | $89,900 | days | |
| 107 Davie Street, Cooleemee NC | 0 mi | $115,000 | days | |
| 145 Duke Street, Cooleemee NC | 0.2 mi | $215,000 | days | |
| 221 Duke Street, Cooleemee NC | 0.3 mi | $189,900 | days | |
| 188 Wall Street, Mocksville NC | 0.6 mi | $58,980 | days | |
| 176 Midway Street, Cooleemee NC | 0.6 mi | $325,900 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 27028
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By CK Select Commercial Real Esta
113 Davie Street, Cooleemee NC is a 1500 ft2 on a 0.180 acres Level lot. This is for $89,900. This has 2 bedrooms, 1 baths, and was built in 1920.
Based on information submitted to the MLS GRID as of 2026-05-31 09:11:18 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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