Closed

$195,000

40582 Old Cottonville Rd, Norwood, NC 28128

2beds

864sqft

Single Family Residence

Built in 1945

0.81 Acres Lot

$205,200 Zestimate^®

$226/sqft

$1,336 Estimated rent

Home value

$205,200

$195,000 - $215,000

$1,336/mo

Zestimate^® history

Owner options

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$1,336/mo

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$1,336/mo

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$1,220/mo

Est. payment

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$1,220/mo

Est. payment

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What's special

Positioned beautifully in the southern part of Stanly County, this well-kept two bed one bath home has tons of potential, and so much to offer. Whether you are looking for an investment property, first home, or just desire a change of scenery, this one could be for you. This home has undergone many renovations over the previous years. Roof was replaced in 2024, heat and air, and water heater were all replaced in recent years, as well as many interior updates. Owners are still occupying this property and are selling contingently on purchasing a different property. Personal items are still within the house and on the property, some listing images may be digitally edited removing said personal items from the photograph. Some listing photos are AI images, as if the house were vacant. Owners are taking the metal car shed with them when they move, as well as the fridge, microwave, washing machine and dryer.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 2

Primary bedroom

Level: Main
Area: 64 Square Feet
Dimensions: 8' 0" X 8' 0"

Heating

Central

Cooling

Central Air

Appliances

Included: Electric Water Heater
Laundry: Laundry Room

Features

Has basement: No

Interior area

Total structure area: 864
Total interior livable area: 864 sqft
Finished area above ground: 864
Finished area below ground: 0

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1

Lot

Size: 0.81 Acres

Details

Parcel number: 655301484553
Zoning: R-20
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick Partial, Vinyl
Foundation: Crawl Space

Condition

New construction: No
Year built: 1945

Utilities & green energy

Sewer: Septic Installed
Water: Well

Community & HOA

Community

Subdivision: none

Location

Region: Norwood

Financial & listing details

Price per square foot: $226/sqft
Tax assessed value: $118,496
Annual tax amount: $723
Date on market: 4/29/2026
Cumulative days on market: 46 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Road surface type: Gravel, Paved

Price history

Date	Event	Price
7/20/2026	Sold	$195,000-7.1%$226/sqft
Source: Canopy MLS as distributed by MLS GRID #4375123 Report a problem
5/21/2026	Price change	$209,999-2.3%$243/sqft
Source: Canopy MLS as distributed by MLS GRID #4375123 Report a problem
4/29/2026	Listed for sale	$214,999+22.9%$249/sqft
Source: Canopy MLS as distributed by MLS GRID #4375123 Report a problem
7/8/2024	Sold	$175,000+161.2%$203/sqft
Source: Public Record Report a problem
7/25/2013	Sold	$67,000+11.7%$78/sqft
Source: Public Record Report a problem
7/21/2011	Sold	$60,000-11.8%$69/sqft
Source: Public Record Report a problem
6/9/2011	Listed for sale	$68,000+7.9%$79/sqft
Source: RE/MAX GATEWAY PROFESSIONALS #2011312 Report a problem
11/8/2010	Sold	$63,000-7.2%$73/sqft
Source: Public Record Report a problem
7/10/2010	Price change	$67,900-2.3%$79/sqft
Source: Systems Engineering, Inc. #63541 Report a problem
3/15/2010	Listed for sale	$69,500$80/sqft
Source: Systems Engineering, Inc. #63541 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$723 +52.1%	$118,496 +77%
2024	$475	$66,932
2023	$475 -17.8%	$66,932
2022	$578 +0.3%	$66,932
2021	$576 +11.5%	$66,932 +22.5%
2020	$517 +22.8%	$54,631
2019	$421	$54,631
2018	$421	$54,631
2017	$421 -5.6%	$54,631 +15.8%
2016	$446	$47,160
2015	$446 +0.5%	$47,160
2014	$444	$47,160
2013	--	$47,160 -4.1%
2012	--	$49,177
2011	--	$49,177
2010	--	$49,177
2009	--	$49,177
2008	--	$49,177
2007	--	$49,177
2006	--	$49,177
2005	--	$49,177
2004	--	$49,177 +1.5%
2003	--	$48,457
2002	--	$48,457
2001	--	$48,457