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Terra Vista Realty
225 Falmouth Road
225 Falmouth Road
$3,596,589 (our value guesstimate)
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Mooresville, NC 28117 ▪  (MLS # 3284676)
3-car garage  ▪   Built: 2003  ▪   Dual Primary
4 bed  ▪  5 full & 1 half bath  ▪  5,686 Sq Ft
Sold for $2,000,000 on Jul 07, 2017
225 Falmouth Road
$3,596,589 (our value guesstimate)
Mooresville, NC 28117 ▪  (MLS # 3284676)
3-car garage  ▪   Built: 2003  ▪   Dual Primary
4 bed  ▪  5 full & 1 half bath  ▪  5,686 Sq Ft
Sold for $2,000,000 on Jul 07, 2017
SOLD JUL 7, 2017
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$2,000,000  (sales price)
4 bed  ▪  5 full & 1 half bath  ▪  5,686 Sq Ft
225 Falmouth Road
Mooresville, NC 28117 (MLS # 3284676)
.82 acres  ▪   Built: 2003  ▪   Dual Primary Bedrooms
Subdivision: The Point
Mooresville, NC / 28117

Our Value Guesstimate (from Computer Algorithm): $3,596,589

Our computer algorithm has estimated that this home would be likely to sell in a range between $3,057,101 and $4,136,077.
Sale Details
Sales Price: $2,000,000
Closed: Jul 7, 2017 (2,456 days ago)
List Price: $2,200,000
Sold for: 91% of list price
Cumulative Days on Market: 10
Price/Sq Ft: $352
Remarks - 225 Falmouth Road
(from previous listing) Beautiful 2 level lakefront home in "The Village" section of The Point. Unobstructed open water views, wide, natural private beach, pool & spa plus spacious screened porch and convenient pool bath. Master suite on main floor + 2nd master/guest suite up w/sitting room & large, private balcony overlooking pool & lake. Spectacular new theater room & entertainment area + bonus room. Circular drive w/porte-cochere. Boat slip pier J #1 conveniently located just one house away. Sealed Crawl Space.
General Info - MLS # 3284676
Parking: Attached, Garage - 3 Car
Year Built: 2003
Master / Primary Bedroom: Dual Master BR
Listing Status: Sold
Property Type: Single Family Home
Location: Mooresville / Iredell County
Lot Size: .82 acres
Area Schools
10/10
Woodland Heights Elementary School
Distance: 2.8 mi
9/10
Woodland Heights Middle School
Distance: 4.1 mi
9/10
Lake Norman High School
Distance: 4.7 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: The Point
Community Features: Club House, Fitness Center, Golf Course, Playground, Pool, Recreation Area, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
Listing History
07/07/2017: MLS Sold for $2,000,000 (Canopy MLS)
Cumulative Days on Market: 10
More details

06/16/2015: MLS # 3070520 sold for $1,937,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 39

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

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See Sold Homes in The Point
SOLD FEB 15, 2024
Sold for $350/Sq Ft & 95% of list
70 cumulative days on market
$2,037,500 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  5,823 SqFt
111 Chatham Rd
Mooresville, NC 28117
The Point
0.6 mi.

SOLD AUG 21, 2023
Sold for $334/Sq Ft & 103% of list
5 cumulative days on market
$1,955,000 (sales price)
5 bed  ▪  5 full & 1 h. bath  ▪  5,848 SqFt
2051 Brawley School Rd
Mooresville, NC 28117
The Point
0.6 mi.

SOLD AUG 7, 2023
Sold for $361/Sq Ft & 91% of list
108 cumulative days on market
$2,000,000 (sales price)
5 bed  ▪  5 full & 1 h. bath  ▪  5,543 SqFt
210 Milford Cir
Mooresville, NC 28117
The Point
0.3 mi.

Neighborhood Summary (single family)
The Point

Sales in:

Median $ / Sq Ft (single family)
The Point




28117 ZIP Code Trends
28117 ZIP Code Trends

OUR RATING: LESS COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28117 is the 59th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28117 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

24
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 24 cumulative days on market in the 28117 area. Compare this with the Charlotte metro area median of 17 days on market.

16%
Of Recently Sold Homes
Over Asking Price
16% of previously owned 28117-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28117.

41%
of Available Homes
Are Under Contract
41% of previously owned 28117-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28117 Area Metro Area
1-year - 6% + 3%
2-year + 3% + 2%
5-year +69% +66%
The price per square foot of 28117-area re-sale homes has increased by approximately 69% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $233 per square foot in 28117 over the past 90 days - as compared to $212 for the entire metro area.

23
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 23 cumulative days on market in the 28117 area. Compare this with the Charlotte metro area median of 17 days on market.

16%
Of Recently Sold Homes
Over Asking Price

16% of previously owned 28117-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28117.

Price Per Square Foot Change
Period 28117
Area
Metro
Area
1-year - 6% + 3%
2-year + 3% + 2%
5-year +69% +66%

The price per square foot of 28117-area re-sale homes has increased by approximately 69% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $233 per square foot in 28117 over the past 90 days - as compared to $212 for the entire metro area.

41%
of Available Homes
Are Under Contract

41% of previously owned 28117-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $3,596,589

Our computer algorithm has estimated that this home would be likely to sell in a range between $3,057,101 and $4,136,077.


Sale Details
Sales Price: $2,000,000
Closed: Jul 7, 2017 (2,456 days ago)
List Price: $2,200,000
Sold for: 91% of list price
Cumulative Days on Market: 10
Price/Sq Ft: $352
Remarks
(from previous listing) Beautiful 2 level lakefront home in "The Village" section of The Point. Unobstructed open water views, wide, natural private beach, pool & spa plus spacious screened porch and convenient pool bath. Master suite on main floor + 2nd master/guest suite up w/sitting room & large, private balcony overloo ...
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General Info - MLS 3284676
Parking: Attached, Garage - 3 Car
Year Built: 2003
Master / Primary Bedroom: Dual Master BR
Listing Status: Sold
Property Type: Single Family Home
Location: Mooresville / Iredell County
Lot Size: .82 acres

Neighborhood Info
Subdivision: The Point
Community Features: Club House, Fitness Center, Golf Course, Playground, Pool, Recreation Area, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
Listing History
07/07/2017: MLS Sold for $2,000,000 (Canopy MLS)
Cumulative Days on Market: 10
More details


06/16/2015: MLS # 3070520 sold for $1,937,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 39
Area Schools
10/10
Woodland Heights Elementary School
Distance: 2.8 mi
9/10
Woodland Heights Middle School
Distance: 4.1 mi
9/10
Lake Norman High School
Distance: 4.7 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the The Point neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Pine Isle, Surfside Estates, and The Harbour At The Pointe.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.