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Terra Vista Realty
242 Oak Tree Road
242 Oak Tree Road
$703,269 (our value guesstimate)
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Mooresville, NC 28117 ▪  (MLS # 3633731)
2-car garage  ▪   Built: 2018  ▪   Primary on Main
4 bed  ▪  3 full & 1 half bath  ▪  3,078 Sq Ft
Sold for $475,000 on Oct 14, 2020
242 Oak Tree Road
$703,269 (our value guesstimate)
Mooresville, NC 28117 ▪  (MLS # 3633731)
2-car garage  ▪   Built: 2018  ▪   Primary on Main
4 bed  ▪  3 full & 1 half bath  ▪  3,078 Sq Ft
Sold for $475,000 on Oct 14, 2020
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$475,000  (sales price)
4 bed  ▪  3 full & 1 half bath  ▪  3,078 Sq Ft
242 Oak Tree Road
Mooresville, NC 28117 (MLS # 3633731)
.52 acres  ▪   Built: 2018  ▪   Primary Bedroom on Main
Subdivision: Grand Oaks
Mooresville, NC / 28117

Our Value Guesstimate (from Computer Algorithm): $703,269

Our computer algorithm has estimated that this home would be likely to sell in a range between $597,779 and $808,759.
Sale Details
Sales Price: $475,000
Closed: Oct 14, 2020 (1,261 days ago)
List Price: $490,000
Sold for: 97% of list price
Cumulative Days on Market: 67
Price/Sq Ft: $154
Remarks - 242 Oak Tree Road
(from previous listing) This is the one! The one you've been waiting for! This custom built house is immaculate & move in ready! From the rocking chair front porch, enter through the gorgeous french doors into an inviting, open floor plan. The foyer opens up to vaulted ceilings, a stone gas log fireplace & spacious living room. The kitchen you've been dreaming about! Complete with stainless steel appliances, an island & beautiful granite counters. Master suite on main with tray ceiling, freestanding soaker tub & walk i ...
Continue reading

General Info - MLS # 3633731
Parking: Attached, Garage - 2 Car
Year Built: 2018
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Mooresville / Iredell County
Lot Size: .52 acres
Area Schools
9/10
Lake Norman Elementary School
Distance: 0.1 mi
9/10
Woodland Heights Middle School
Distance: 0.9 mi
9/10
Lake Norman High School
Distance: 1.2 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Grand Oaks
Community Features: Sidewalks, None
Listing History
10/14/2020: MLS Sold for $475,000 (Canopy MLS)
Cumulative Days on Market: 67
More details

County Tax Data
2023 County Tax Assessment: $562,810
Next Iredell County Tax Assessment: 2027

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


  More Home Details
  Map / Satellite View

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: $703,269

Our computer algorithm has estimated that this home would be likely to sell in a range between $597,779 and $808,759.


Sale Details
Sales Price: $475,000
Closed: Oct 14, 2020 (1,261 days ago)
List Price: $490,000
Sold for: 97% of list price
Cumulative Days on Market: 67
Price/Sq Ft: $154
Remarks
(from previous listing) This is the one! The one you've been waiting for! This custom built house is immaculate & move in ready! From the rocking chair front porch, enter through the gorgeous french doors into an inviting, open floor plan. The foyer opens up to vaulted ceilings, a stone gas log fireplace & spacious living ...
Continue reading

General Info - MLS 3633731
Parking: Attached, Garage - 2 Car
Year Built: 2018
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Mooresville / Iredell County
Lot Size: .52 acres

Neighborhood Info
Subdivision: Grand Oaks
Community Features: Sidewalks, None
Listing History
10/14/2020: MLS Sold for $475,000 (Canopy MLS)
Cumulative Days on Market: 67
More details

Area Schools
9/10
Lake Norman Elementary School
Distance: 0.1 mi
9/10
Woodland Heights Middle School
Distance: 0.9 mi
9/10
Lake Norman High School
Distance: 1.2 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 Grand Oaks neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Harborcrest, The Courtyards At Brawley Point, and Lochmere.



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.