Sold
Last Sold Price
3 beds994 sqft
164 Riverside Dr, Unit 351, Cooleemee, NC 27014
Single FamilyProperty Type
0.34 acresLot Size
1920Year Built
$100/sq ftPrice per sq ft

Description

Earn a 10%+ cap rate with this property ! Tenant prepaid rent for the full lease ! Cute 3 bedroom home with large front porch on a street with no through traffic. Convenient to shopping and school. RECENTLY rented for $1050/mo. Lease end Date is 4/30/23. Tenant scheduled to move-in 5/1/22. photos taken prior to tenants move in, Agent is related to seller. Rent : $1050/mo
Tax : $70/mo (pulled from tax records $796/yr)
Ins : $35/mo (based of owners current cost $391/yr)
Main : $100/mo (estimate)
————————
...Earn a 10%+ cap rate with this property ! Tenant prepaid rent for the full lease ! Cute 3 bedroom home with large front porch on a street with no through traffic. Convenient to shopping and school. RECENTLY rented for $1050/mo. Lease end Date is 4/30/23. Tenant scheduled to move-in 5/1/22. photos taken prior to tenants move in, Agent is related to seller. Rent : $1050/mo
Tax : $70/mo (pulled from tax records $796/yr)
Ins : $35/mo (based of owners current cost $391/yr)
Main : $100/mo (estimate)
————————
NOI : $845/mo or $10140/yr
  • Listed by: • Real Estate Realty LLC
Listing closed: 06/28/2022 12:00 AM • Source: CANOPY, MLS#: 3821165

Recent comparable sales

Median sold price

$115,000

Avg days on market

38

Sale-to-list ratio

87.7%

Cooleemee, NC

9 comparable properties found

$120,000 | 246 Watt Street, Cooleemee, NC 27014
1/25
1

$120,000

Sold 11/19/24

2
Bedrooms
Unavailable
Square Feet
0.23
Acres
$106,000 | 107 Davie Street, Cooleemee, NC 27014
1/17
2

$106,000

Sold 05/22/26

2
Bedrooms
1,148
Square Feet
0.26
Acres
$106,000 | 107 South Davie Drive, Cooleemee, NC 27014
1/15
3

$106,000

Sold 05/22/26

2
Bedrooms
Unavailable
Square Feet
0.26
Acres
$115,000 | 148 South Davie Drive, Cooleemee, NC 27014
1/24
4

$115,000

Sold 06/17/26

2
Bedrooms
1,168
Square Feet
0.18
Acres
a front view of a house with garden
1/11
5

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Sold 08/08/25

2
Bedrooms
984
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0.25
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6

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Sold 06/24/26

3
Bedrooms
1
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1,196
Square Feet
0.18
Acres
$70,000 | 127 Erwin Street, Cooleemee, NC 27014
1/23
7

$70,000

Sold 09/17/26

2
Bedrooms
Unavailable
Square Feet
0.19
Acres
a front view of house with yard
1/15
8

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Sold 01/07/26

2
Bedrooms
1,184
Square Feet
0.19
Acres
$130,000 | 118 Main Street, Cooleemee, NC 27014
1/26
9

$130,000

Sold 06/18/25

2
Bedrooms
Unavailable
Square Feet
0.64
Acres

Location

Listing Courtesy of Real Estate Realty LLC

Sold By Real Estate Realty LLC

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Property Information for 164 Riverside Drive, Unit 351

Property Details
  • MLS Type: Residential / Single Family Residence
  • County: Davie County
  • Zoning Description: R12
  • Parking Features: Driveway
  • Subdivision Name: Erwin Mills
Building Information
  • Year Built: 1920
  • Lot Size: 0.34 AC / 14,810 SF
Summary
Location and General Information
  • Longitude: -80.563634
  • Geocode Source: Manual
  • Latitude: 35.812958
  • Directions: I-77 N. To exit 49A East. on hwy 70 to N. on hwy 801 Left onto main st. Left onto Junction rd. Left onto Riverside
Taxes and HOA Information
  • HOA Subject To: None
  • HOA Subject To Dues: No
  • Tax Assessed Value: $54,190.00
  • Parcel Number: N4-040-A0-008
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Garage Main Level YN: No
Property
Lot Information
  • Structure Type: One and a Half Story
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 994
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • New Construction YN: No
  • Photos Count: 8
  • Road Responsibility: Public Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Permit Syndication: Yes
  • Proposed Special Assessment: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Porch: Back,Covered,Front
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Dirt, Gravel
  • Roof: Metal
Interior Features
  • Appliances: Ceiling Fan(s), CO Detector, Electric Oven, Refrigerator
  • Water Heater: Electric
  • Heating: Heat Pump
  • Laundry Features: Main Level
  • Flooring: Vinyl
  • Foundation Details: Crawl Space
Room Information
Room 1
  • Baths Full: 1
  • Baths Half: 0
  • Beds Total: 3
  • Room Types: Bathroom(s),Bedroom(s),Kitchen,Laundry,Living Room,Primary Bedroom
  • Room Level: Main
Multi Family
Multi-Family Information
  • Unit Count: 0

Property History for 164 Riverside Drive, Unit 351

DateEvent & SourcePriceAppreciation
Jun 28, 2022

Sold

CANOPY #3821165

$99,499
Jun 11, 2022

Pending

CANOPY #3821165

Feb 27, 2022

Price Change

CANOPY #3821165

$99,500
DateEvent & SourcePrice
06/28/2022

Sold

CANOPY #3821165

$99,499
06/11/2022

Pending

CANOPY #3821165

02/27/2022

Price Change

CANOPY #3821165

$99,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 164 Riverside Drive, Unit 351

This home is within Davie County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 8
Rating
School
Distance
Cooleemee Elementary
PublicPK to 5

South Davie Middle
Public6 to 8

Davie County High
Public9 to 12

Davie County Virtual School
Public4 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 164 Riverside Drive, Unit 351, Cooleemee, NC 27014
$99,499
3
994
14,810
$99,500
3
1
856
13,939
$150,000
2
936
16,552
$24,000
3
1
1,092
14,375
1
1
826
14,810
2
1
1,092
18,295

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate Realty LLC

Based on information submitted to the MLS GRID as of 07/05/2022 08:07 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.