1516 Cypress Dr, Henderson, NC For Sale $258,000 - listed by Peter Cheng — For Sale $258,000

Peter Cheng co-listing agent for 105 Beacon Hollow Place, Cary, NC - sold for $1,605,000 — Sold $1,605,000 • Co-Listing Agent

623 Hiddenbrook Dr, Durham, NC For Sale $458,000 - listed by Peter Cheng — For Sale $458,000

Peter Cheng buyer's agent for 128 Abbots Mill Dr, Raleigh, NC - sold for $372,690 — Sold $372,690

611 Sherwood Forest Place, Cary, NC Pending $750,000 - co-listed by Peter Cheng — Pending $750,000 • Co-Listing Agent

Peter Cheng co-listing agent for 207 Weddington Park Ln, Apex, NC - sold for $1,265,000 — Sold $1,265,000 • Co-Listing Agent

76 Fox Chapel Ln, Pittsboro, NC Pending $465,000 - co-listed by Peter Cheng — Pending $465,000 • Co-Listing Agent

Peter Cheng

Cary NC

Southern Properties Group Inc.

53 Closed Sales

$32.5M Total Value

$259.8K - $1.8M Price Range

$613.1K Average Price

Prior 5 years

About Peter

Home Types: House, Lot/Land, Townhouse

Years of Experience: 12

Transaction History

1 Year
2 Year
5 Year

Seller Deals
Total Deals	13
Total Value	$8,742,000
Average Sale Price	$672,462
Price Range	$260K - $1.6M

1 Year View by Quarter

Seller Deals
Total Deals	20
Total Value	$12,926,500
Average Sale Price	$646,325
Price Range	$260K - $1.6M

Buyer Deals
Total Deals	1
Total Value	$372,690
Average Sale Price	$372,690

2 Year View by Quarter

Seller Deals
Total Deals	43
Total Value	$27,816,850
Average Sale Price	$646,903
Price Range	$175K - $1.8M

Buyer Deals
Total Deals	10
Total Value	$4,678,940
Average Sale Price	$467,894
Price Range	$45K - $1.4M

5 Year View

Areas Peter is Experienced In

Peter's Listings and Deals

Peter's Active Listings

$258,000
- 3 Beds
- 2 Baths
- 2,263 Sq Ft
1516 Cypress Dr

Henderson, NC
A rare opportunity for all landlords! Seller financing available. This turnkey brick ranch home with an unfinished basement has quality tenant already placed. Tenant is Nursing Manager in a senior living community. Immediate rare to find cash flow for landlord investors and built-in equity from day one! Currently rented for $1,825/month. One year lease that expires on 6/30/2027, but tenants

Peter Cheng Southern Properties Group Inc.

$458,000
- 4 Beds
- 2.5 Baths
- 2,942 Sq Ft
623 Hiddenbrook Dr

Durham, NC
An opportunity you can not afford missing. Motivated and friendly seller. Up to 18 months seller financing available. "Move in now" option available to make your moving transition simple and easy, especially when you need to sell another house and seller will pay your current home's listing agent fee. Priced more than $94,000 below tax value, this nearly 3,000-square-foot home offers exceptional

Peter Cheng Southern Properties Group Inc.

Co-Listing Agent

$750,000

Pending
- 4 Beds
- 2.5 Baths
- 2,904 Sq Ft
611 Sherwood Forest Place

Cary, NC
Open house between 2-4PM on 9/05/2026 and 9/12/2026. Welcome to your dream home in a prime Cary location! This stunning, well-maintained 4-bedroom, 2.5-bath single-family home features unblocked, serene wooded views. Top-rated Davis Drive schools and Green Hope High (uncapped)! Step inside a dramatic 2-story foyer and an impressive floor plan. The family room is a great setting for relaxation

Peter Cheng Southern Properties Group Inc.

Co-Listing Agent

$465,000

Pending
- 3 Beds
- 2.5 Baths
- 2,027 Sq Ft
76 Fox Chapel Ln

Pittsboro, NC
Open house between 3-5PM on 9/6/2026 and 9/13/2026. Welcome to 76 Fox Chapel Lane, a beautifully updated home with private outdoor retreat. This inviting 3b, 2.5b residence offers the perfect blend of comfort, functionality, and peaceful outdoor living. Natural light fills the thoughtfully designed layout. On the first floor, you'll find a spacious kitchen and dining room, a warm and welcoming

Peter Cheng Southern Properties Group Inc.

Recently Sold

$1,360,000

Sold Mar 19, 2026
- 4 Beds
- 3.5 Baths
- 3,912 Sq Ft
303 E Geer St

Durham, NC
- 3% Below List
- 60 Days On Market
- $348/SF
- Current Est. Value $1M
Peter Cheng Southern Properties Group Inc.

$620,000

Sold Oct 27, 2025
- 4 Beds
- 2.5 Baths
- 2,729 Sq Ft
9112 Mission Hills Ct

Raleigh, NC
- 4% Above List
- 2 Days On Market
- $227/SF
- Current Est. Value $646K
Peter Cheng Southern Properties Group Inc.

$259,800

Sold Sep 5, 2025
- 4 Beds
- 1.5 Baths
- 1,182 Sq Ft
1512 Bacon St

Durham, NC
- 8 Days On Market
- $220/SF
- Current Est. Value $266K
Peter Cheng Southern Properties Group Inc.

$867,000

Sold Jun 9, 2025
- 3 Beds
- 3 Baths
- 3,325 Sq Ft
720 Shell Bank Ct

Cary, NC
- 2% Below List
- 27 Days On Market
- $261/SF
- Current Est. Value $898K
Peter Cheng Southern Properties Group Inc.

$571,500

Sold Apr 11, 2025
- 3 Beds
- 2.5 Baths
- 2,385 Sq Ft
106 Paladin Place

Cary, NC
- 13% Below List
- 223 Days On Market
- $240/SF
- Current Est. Value $619K
Peter Cheng Southern Properties Group Inc.

$359,000

Sold Nov 7, 2024
- 4 Beds
- 2.5 Baths
- 1,833 Sq Ft
3615 Ranbir Dr

Durham, NC
- 1 Day On Market
- $196/SF
- Current Est. Value $366K
Peter Cheng Southern Properties Group Inc.

$630,000

Sold Oct 3, 2024
- 3 Beds
- 3.5 Baths
- 2,486 Sq Ft
835 Money Island Place

Cary, NC
- 10% Below List
- 95 Days On Market
- $253/SF
- Current Est. Value $586K
Peter Cheng Southern Properties Group Inc.

$779,000

Sold Aug 30, 2024
- 3 Beds
- 4 Baths
- 3,260 Sq Ft
1605 Twin Lake Dr

Holly Springs, NC
- 12 Days On Market
- $239/SF
- Current Est. Value $710K
Peter Cheng Southern Properties Group Inc.

$318,000

Sold Aug 1, 2024
- 3 Beds
- 2 Baths
- 1,158 Sq Ft
109 N Blacknall St

Durham, NC
- 2% Above List
- 12 Days On Market
- $275/SF
- Current Est. Value $300K
Peter Cheng Southern Properties Group Inc.

Peter Cheng

(877) 356-6214

Southern Properties Group Inc.

(877) 356-6214

Nearby Homes

Peter Cheng

About Peter

Transaction History

Seller Deals

Production Over Time

1 Year View by Quarter

Seller Deals

Buyer Deals

Production Over Time

2 Year View by Quarter

Seller Deals

Buyer Deals

Production Over Time

5 Year View

Areas Peter is Experienced In

Peter's Listings and Deals

Peter's Active Listings

Recently Sold