220 Magnolia Street, Statesville NC
- 2 Bed
- 1 Bath
- 1171 ft2
- 0.6 ac
For Sale $220,000
Remarks:
Investor Special with Endless Potential in Statesville, NC! Looking for your next investment opportunity? 220 Magnolia St. is full of potential and ready for someone with a vision. This 2-bedroom, 1-bath home offers a basement and 1.5-story layout with plenty of room to reimagine the space and build equity. Whether you’re an investor looking to add another property to your portfolio, a buyer searching for your next fix-and-flip, or someone interested in using an FHA 203(k) renovation loan, this property is worth a look. With the right renovations and vision, there is potential to convert this home into a 3-bedroom, 2-bath or possibly even a 4-bedroom, 2-bath layout. Bring your contractor, run your numbers, and explore the possibilities. Opportunities like this are perfect for buyers who can see beyond what’s there and recognize what a property could become!
General Information:
| List Price: | $220,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1171 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4440150 |
| Subdivision: | Vander Oaks |
| Bathrooms: | 1 |
| Year Built: | 1940 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 11-03-2026 | Listed | $220,000 | $188 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Pressly School | 0 miles | KG-06 | N/A |
| American Renaissance School | 1 miles | KG-06 | 9 |
| Success Charter School | 2 miles | KG-06 | 1 |
| East Iredell Elementary School | 2 miles | PK-05 | 2 |
| Cloverleaf Elementary School | 2 miles | PK-05 | 2 |
| N B Mills Elementary School | 2 miles | PK-05 | 1 |
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 |
| 220 Magnolia Street, Statesville NC | 0 mi | $220,000 | days | |
| 1005 Forest Park Drive, Statesville NC | 0.1 mi | $272,500 | days | |
| 1120 Davie Avenue, Statesville NC | 0.2 mi | $280,000 | days | |
| 908 Davie Avenue, Statesville NC | 0.3 mi | $338,500 | days | |
| 931 Wood Street, Statesville NC | 0.3 mi | $350,000 | days | |
| 1405 Forest Park Drive, Statesville NC | 0.3 mi | $255,000 | 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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| 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 28677
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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 Better Homes and Gardens Real Estate Paracle
220 Magnolia Street, Statesville NC is a 1171 ft2 on a 0.580 acres Appraisal lot. This is for $220,000. This has 2 bedrooms, 1 baths, and was built in 1940.
Based on information submitted to the MLS GRID as of 2026-11-03 16:35:24 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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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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