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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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188 Bailey Rd , Mooresville, NC 28117
$285,000
Est. Payment: $633.33/mo
2 Bed
1 Bath
832 Sqft
Status: Active | Days on site: 1
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3378 - 36181,R41657
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House Description

Welcome to this fully renovated, turnkey modern farmhouse cottage at 188 Bailey Rd, Mooresville, NC 28117. Perfectly designed for an efficient yet luxurious lifestyle, this 2-bedroom, 1-bathroom home spans 832 square feet of brilliant, open-concept living space. Sitting on a massive, flat 1-acre lot, this property offers rare flexibility: it is an active Airbnb that can be purchased fully furnished as an immediate income-generating asset, or used as your own private residential retreat with plenty of room to expand or add a pool.Modern Farmhouse Cottage Home in Lake Norman Area on a level 1 acre of property. Quartz Kitchen countertop and stainless steel appliances. Free standing soaking tub and a tiled shower with glass door. 2025 HVAC, 2025 Roof, 2025 Well package and Pump w/ 3 year warranty. The land value alone makes this a great asset. Beautiful New Residential DR Horton subdivision being constructed next door. Great location close to Stumpy Creek Park (boat launch and Park on Lake Norman), Cornelius Road Park (Tennis courts, soccer fields and walking trails. Tons of shopping and restaurants on Route 150 and Downtown Mooresville and much more. Easy access to I-77, exit 36 and 42. Low Taxes and No HOA! Great move in ready ranch home, vacation rental or long term rental

Highlights

Listed by Freddy Karmatz , 727-804-6058 and Tristan Karmatz , 727-804-6058 FK and Associates Real Estate Firm , 727-804-6058.

Property Type

Residential

Lot/Acreage
1

Year Built

1962

County

Iredell

Listing ID

4424225

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
Air Cond:Central Air
Fireplaces:
Above Ground Sq Ft:832
Below Ground Sq Ft:0
Water:Well

Exterior Features

Zoning:RA
Others:
  • Additional:Storage
Sewer:Septic Installed
Parking Features:Driveway
Principal Interest
$633
Taxes
$182

Home Price

$285,000

Loan Details

30 yrs
%

Down Payment

20%
$57,000
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Monthly Price:
$633.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $633.33 $181.69 $0.00 $815.02
Yearly $7,600.00 $2,180.25 $0.00 $9,780.25
Total $228,000.00 $65,407.50 $0.00 $293,407.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Mooresville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.