Estate sale opportunity in Oxford. This 1901 property offers 1,299 square feet of professionally measured heated living area, more than double what tax records reflect, with 3 bedrooms, 2 full baths, and a sun room in the main home.
The lot also includes two additional structures, offering genuine upside for an investor or renovator prepared to bring this property back to its potential. One structure has a known ceiling collapse and is not currently accessible; full details available in the property condition summary.
Sold strictly as-is, where-is, with no repairs made by the seller. Full pre-listing inspection report and professional measurement sketch available upon request. Cash or renovation financing preferred; traditional financing unlikely given current condition.
Property is occupied, do not disturb occupants. Showings by appointment only. Buyers encouraged to complete full due diligence, including verification of secondary structures with Granville County.
9 categories
Doorify MLS #10179496$165,000−$40,000 · −19.5%$127/sqft Doorify MLS #10179496$205,000$158/sqftNear 112 Peace Street · Oxford, NC 27565
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
This home at 205 Person Street sold for significantly less than the current asking price of 112 Peace Street, despite being in a more functional, move-in-ready state. While 112 Peace Street offers a bit more interior space and historical character, it requires a total renovation that isn't currently reflected in the price gap. For a buyer looking for a simple starter home, this sold listing represented a much more accessible value.
Comparing 112 Peace Street to this beautifully updated home shows the value of modern convenience versus raw potential. This property at 201 Person Street features a new roof, HVAC, and high-end kitchen finishes that 112 Peace Street currently lacks. While the home for sale is larger and has a lower price per square foot, you'd likely spend the difference and more to achieve this level of finish.
This is a great example of what 112 Peace Street could become with the right vision, as both share the same 1901 roots. The home on Raleigh Road has been completely reimagined with an open floor plan and designer bathrooms, commanding a higher price for that 'done-for-you' luxury. 112 Peace Street is priced for someone looking to build equity through hard work, offering a lower entry point for a similar vintage.
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You can contact us to talk strategy, ask questions, or schedule a showing, we will help you take the next step with confidence.
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Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.
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Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
