Estimate anchored to current list price ($85k), prior 2019 sale (~$89k), and an AVM of $94,322. Range accounts for condition (needs repairs), historic build date (1920), and local small-town market dynamics. No live comparable sales pulled — use for directional guidance only.
Large-In-Town 4BR Fixer on .61-Acre Lot — $85K
Offered at $85,000, 125 E Andrews is a substantial single-story home that offers a rare combination in Norwood: four bedrooms, two and a half baths, and a private .61-acre lot inside town limits. The home totals approximately 2,414 square feet and sits within easy walking distance of downtown services and community nodes. Mechanicals reported: central HVAC and natural gas heat. Kitchen equipment includes an electric cooktop and oven, microwave and dishwasher; there is a dedicated laundry room for practical convenience.
This property is being marketed as a renovation opportunity. The seller and listing agent note the house needs repairs; bring contractors and inspectors. The floor plan and generous room sizes make it suitable for a straightforward cosmetic program or a deeper restoration that highlights the home's original era and character. The large lot opens possibilities: garden beds, expanded outdoor living, or an accessory structure (subject to local permitting). For investors, the price creates stretch room for capital improvements and potential upside on resale or conversion to a long-term rental.
Practical points: there is driveway parking but no garage, city water and public sewer are connected, and the home was last sold publicly in 2019 in the high $80k range. The listing agent cannot represent buyer clients; please use your own representation. Showings are available through buyer agents; seller and agent availability is Monday–Friday, 8:30am–5:30pm. Caution advised when touring — property requires repairs.
If you’re seeking a roomy in-town lot with strong potential, or an investor looking for an affordable entry into Stanly County with immediate value-add possibilities, schedule a showing and bring your renovation plan.
A 1920 single family on 0.61 acres.
Building
Site & utilities
Norwood / Downtown Norwood
Researched nearby locations
Location
125 E Andrews St, Norwood, NC 28128
Norwood is a small, close-knit town with a traditional Main Street and local civic institutions. Residents enjoy a quieter pace than larger Charlotte suburbs but with reasonable commuting distance to regional employment centers. The neighborhood around E Andrews St mixes historic single-family homes and small-scale local businesses, offering an in-town lifestyle with access to Stanly County services and community events.
Short walks to downtown amenities and community spaces; driving distance to regional lakes and parks for outdoor recreation.
A factual market snapshot around 125 E Andrews St.
Norwood sits within the Charlotte metro commuter belt but operates as a distinct small town market. Inventory for entry-level single-family homes and fixers tends to be steady; demand comes from local buyers, investors, and commuters seeking lower-priced alternatives to Charlotte suburbs. Median home prices in Stanly County are well below Charlotte metro averages, and appreciation has been modest (~2–3% year-over-year in recent periods). For this property specifically, the low list price positions it strongly for investor attention — renovated product in town typically captures a premium versus distressed listings. Expect slightly longer marketing cycles for as-is projects compared with turnkey homes, but the wide pricing gap between 'as-is' and renovated comps creates room for attractive returns if rehab budgets are controlled.
Likely R-1 or comparable single-family residential zoning in small-town core
Zoning
Research-indicated uses
- Single Family Residential
- Accessory Structures (Dependent On Local Code)
- Home Occupation (Subject To Local Rules)
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
Key findings
- Property listed at $85,000 (as of 2026-03-09).
- 4 beds, 2.5 baths, 2,414 sqft on 0.61 acres (26,571 sqft).
- Built in 1920; likely includes original-period features and deferred maintenance.
- Utilities: city water and public sewer; natural gas heating and central AC reported.
- Recent AVM: $94,322 (directional). Prior sale in 2019 near $89k.
What stands out about this property.
Interior Features
- Approximately 2,414 finished square feet
- 4 bedrooms, 2.5 bathrooms
- Central Air and Natural Gas heating
- Appliances: dishwasher, electric cooktop and oven, microwave
- Laundry room on-site
- Spacious rooms suited for flexible floorplans
Exterior & Lot
- Large 0.61-acre lot (26,571 sqft)
- Driveway parking; potential to add garage/covered parking
- Town location with walkable access to downtown Norwood
- Mature trees and room for garden/landscaping or outbuildings (verify permits)
Location & Neighborhood
- In-town Norwood location — short walk to Main Street amenities
- Part of Stanly County and the greater Charlotte MSA commuter area
- Small-town character with community services nearby
- Easy driving access to regional retail and employment centers
Walkability & Recreation
- Walkability Rating: 55/100
- Local parks and downtown amenities within walking distance
- Short drives to regional outdoor recreation and lakes in Stanly County
Sources & research confidence.
See where the property research came from and how confidence varies by field.