113 Davie Drive, Mocksville, NC 27028

$65,000
2
BD
1
BA
1,500
SqFt

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Sold Price
$65,000
List Price
$95,000
Closing Date
Jun 05, 2026
MLS#
1218112
Status
CLOSED
Type
Single Family Residential
Subtype
Stick/Site Built
Bedrooms
2
Bathrooms
1
Full-baths
1
Living Area
1,500
Lot Size
7,840

Property Description

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, & 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.

Additional Information

Acres
0.18
Appliances
Electric Water Heater
Built Information
Existing
Cooling Type
Central Air
Elementary School
Cooleemee
Fencing
None
Flooring
Carpet, Wood
Garage Description
None
Heating
Heat Pump, Electric
Heating Fuel
Electric
High School
Davie County
Interior Features
Ceiling Fan(s), Dead Bolt(s)
Land Description
City Lot, Level
Living Area
1,500
Lot Description
City Lot, Level
Lot Dimensions
72 x 108 x 73 x 109
Lot Size
7,840
Middle School
South Davie
Parking
Driveway, No Garage
Sewer
Public Sewer
Show Street Address
Yes
Water
Public
Water Heater
Electric
Year Built
1920

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Calculator source: Real Geeks

Listing courtesy of CK Select Real Estate. Contact:

Selling Office: CK Select Real Estate.