For Sale $195,000
Quaint 2-Bedroom Bungalow with Investment Potential. Step into timeless charm with this nearly 100-year-old bungalow, offering both functionality and affordability. With solid bones and classic character, this home is ready for a touch of TLC to unlock its full potential.Key features include, 2 bedrooms, natural gas furnace in the living room. A true bungalow style with vintage appeal, ideal for someone seeking independence or low-maintenance living. Just north of the 2045 Horizon Plan’s projected commercial development area, offering strong appreciation potential over time. Perfect as a personal residence or income-producing property while the land value continues to grow. Also offered jointly with the adjacent home at 495 Turnersburg Hwy (MLS #4249288). Currently tenant-occupied, with the tenant interested in continuing to rent, this property provides immediate income potential. Please note: appliances do not convey. Showings require 24-hour notice and are by appointment only.This is more than a home—it’s a smart investment in Statesville’s future growth. Don’t miss your chance to secure this charming bungalow today!
| List Price: | $195,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 954 sqft |
| Parking: | Detached Carport |
| MLS Number: | CAR4326825 |
| Subdivision: | None |
| Style: | Bungalow |
| Bathrooms: | 1 |
| Lot Description: | Cleared, Level |
| Year Built: | 1931 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 03-10-2026 | Listed | $195,000 | $205 |
| 11-29-2025 | Under Contract | $134,500 | $141 |
| 11-18-2025 | Price Decrease | $134,500-3.58% | $141 |
| 11-08-2025 | Price Decrease | $139,500-6.69% | $147 |
| 07-26-2025 | Relisted | $149,500 | $157 |
| 06-30-2025 | Under Contract | $149,500 | $157 |
| 06-06-2025 | Price Decrease | $149,500-6.27% | $157 |
| 04-29-2025 | Listed | $159,500 | $168 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Cloverleaf Elementary School | 1 miles | PK-05 | 2 |
| Pressly School | 3 miles | KG-06 | N/A |
| East Iredell Elementary School | 3 miles | PK-05 | 2 |
| American Renaissance School | 3 miles | KG-06 | 9 |
| N B Mills Elementary School | 4 miles | PK-05 | 1 |
| Success Charter School | 4 miles | KG-06 | 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.
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 |
| 501 Turnersburg Highway, Statesville NC | 0 mi | $195,000 | days | |
| 160 Tarrington Drive, Statesville NC | 0.4 mi | $264,000 | days |
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 |
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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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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By Tarheel Realty II
501 Turnersburg Highway, Statesville NC is a 954 ft2 on a 1.380 acres lot. This is for $195,000. This has 2 bedrooms, 1 baths, and was built in 1931.
Based on information submitted to the MLS GRID as of 2026-03-10 09:05:33 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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