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Terra Vista Realty
280 Farmstead Lane
280 Farmstead Lane
$1,350,000
Mooresville, NC 28117 ▪  (MLS # 4071577)
Primary on Main  ▪   3-car garage
4 bed  ▪  7 full bath  ▪  5,593 Sq Ft
Blt: 2002  ▪  141 Cumulative Days on Market
280 Farmstead Lane
$1,350,000
Mooresville, NC 28117 ▪  (MLS # 4071577)
Primary on Main  ▪   3-car garage
4 bed  ▪  7 full bath  ▪  5,593 Sq Ft
141 Cumulative Days on Market
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$1,350,000
4 bed  ▪  7 full bath  ▪  5,593 Sq Ft
280 Farmstead Lane
Mooresville, NC 28117 (MLS # ‍4071577)
1.63 acres  ▪   Built: 2002  ▪   Primary Bedroom on Main
141 Cumulative Days on Market
Subdivision: Farmstead Estates
Remarks - 280 Farmstead Lane
Completely remodeled 5 bedroom, 7 bath home in the lovely neighborhood sitting on 1.63 acre land with pond waterfront. Includes lot 48 and 49. Beautiful nature views around the home makes you forget you are in the middle of the city close to everything. Open concept floorplan displays large wall of windows seating area by the gas fireplace, living, 2 story dining. Kitchen with large island 2 dishwashers, double ovens, built in refrigerator, large island, walk in pantry. Primary bedroom w/entry rooms/her/his closets & fabulous primary bathroom with standing tub and custom shower. Breakfast room and large laundry room. Upper floor offers a den along with large 4 bedrooms and 4 baths. Tons of storage! Basement bonus room, bathroom, office, and mechanical, storage. All levels have radiant floor solar heating and geo thermal cooling in addition to save energy. No HOA. The listing agent is the owner. Close to shops, restaurants, medical. Also listed with acreage MLS#4054010.
Terra Vista Realty can rebate $6,750 on this home. Learn more.
General Info - MLS # ‍4071577
3-car Garage: Attached, Garage Faces Side, Garage Shop, Parking Garage, Parking Space(s), RV Access/Parking
Price/Sq Ft: $241/SqFt
Year Built: 2002
Master / Primary Bedroom: Main floor
Listing Status: Active
Property Type: Single Family Home
Location: Mooresville / Iredell County
Listing History
Cumulative Days on Market: 141
Last checked for updates: 0 minute ago

01/12/2024: Price decreased to $1,350,000 ( $50,000)
12/15/2023: Price decreased to $1,400,000 ( $100,000)
12/07/2023: Price decreased to $1,500,000 ( $50,000)
12/01/2023: Price decreased to $1,550,000 ( $50,000)
11/16/2023: Price decreased to $1,600,000 ( $50,000)
11/02/2023: Price decreased to $1,650,000 ( $50,000)
10/26/2023: Price decreased to $1,700,000 ( $100,000)
10/11/2023: Price decreased to $1,800,000 ( $200,000)
10/04/2023: MLS # ‍4071577 listed at $2,000,000
Property Sold for: $1,500,000 (12/2021) (Source:
Property Sold for: $257,500 (10/1998) (Source: county) (may have been vacant land)

Neighborhood Info
Subdivision: Farmstead Estates
Community Features: Elevator, Lake Access, Playground, Pond, Walking Trails, Other
Schools*
9/10
Lake Norman Elementary School
Distance: 1.2 mi
9/10
Woodland Heights Middle School
Distance: 0.6 mi
9/10
Lake Norman High School
Distance: 2.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly. The information above is derived from the property's location and differs from what is in the MLS. See what schools the listing agent input in the MLS.

  Map / Satellite View
  Street View
  Monthly Payment
  Homes Recently Sold Nearby
Layout
Basement Floor: Full Bathroom, Bonus Room, Office, Utility Room (Total: 1 full bathroom)
Main Floor: Full Bathroom, Breakfast, Dining Area, Great Room-Two Story, Kitchen, Laundry, Primary Bedroom (Total: 1 bedroom, 2 full bathrooms)
Upper Floor: Full Bathroom, Bedroom, Library, Loft (Total: 3 bedrooms, 4 full bathrooms)
Bedrooms: 4
Baths: 7 full

Total Heated Square Feet: 5,593
Heated Sq Ft Breakdown:
  • Basement: 1,000
  • Main: 2,478
  • Upper: 2,115
Garage Sq Ft: 550

Other Unheated Sq Ft:
  • Basement: 1,478
  • Main: 596

Exterior
Lot Size: 1.63 acres
Water Body: pond
Water Amenities: Other - See Remarks
Lot Description: Pond(s), Private Lot, Wooded Lot, Views
Exterior Features: In-Ground Irrigation
Siding: Hard Stucco, Stone Veneer
Interior Features
Flooring: Bamboo, Concrete, Tile
Appliances: Dishwasher, Disposal, Double Oven, Down Draft, Dryer, Electric Water Heater, Filtration System, Freezer, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven, Solar Hot Water, Washer/Dryer, Water Softener
Other / Miscellaneous
Foundation: Basement
Water: Well
Sewer: Septic Installed
Courtesy of: Niche Realty and Management
Agent: Renata Hawkins
Email: ‍renata@‍nicheram.com
Cooling: Ceiling Fan(s), Central Air, Geothermal
Heating: Active Solar, Electric, Radiant Floor
Fireplace: Family Room, Gas

County Tax Data
2023 County Tax Assessment: $706,880
Next Iredell County Tax Assessment: 2027
County Tax Bill & Ownership Records


Real estate broker
Lyn Palmer, 704-898-3016
REALTOR / Buyer’s Agent
(may represent potential buyers)
Lyn Palmer
REALTOR / Buyer’s Agent, offering Realtor rebates
(may represent potential buyers of this property)

704-898-3016

REQUEST SHOWING (MLS # 4071577)
Remarks
Completely remodeled 5 bedroom, 7 bath home in the lovely neighborhood sitting on 1.63 acre land with pond waterfront. Includes lot 48 and 49. Beautiful nature views around the home makes you forget you are in the middle of the city close to everything. Open concept floorplan displays large wall of windows seating area by the gas fireplace, living, 2 story dining. Kitchen with large island 2 dishwashers, double ovens, built in refrigerator, large island, walk in pantry. Primary bedroom w/entry rooms/her/his closets & fabulous primary bathroom with standing tub and custom shower. Breakfast room and large laundry room. Upper floor offers a den along with large 4 bedrooms and 4 baths. Tons of storage! Basement bonus room, bathroom, office, and mechanical, storage. All levels have radiant floor solar heating and geo thermal cooling in addition to save energy. No HOA. The listing agent is the owner. Close to shops, restaurants, medical. Also listed with acreage MLS#4054010.

Terra Vista Realty can rebate $6,750 on this home. Learn more.

General Info - MLS 4071577
3-car Garage: Attached, Garage Faces Side, Garage Shop, Parking Garage, Parking Space(s), RV Access/Parking
Price/Sq Ft: $241/SqFt
Year Built: 2002
Master / Primary Bedroom: Main floor
Listing Status: Active
Property Type: Single Family Home
Location: Mooresville / Iredell County
Neighborhood Info
Subdivision: Farmstead Estates
Community Features: Elevator, Lake Access, Playground, Pond, Walking Trails, Other
Schools*
9/10
Lake Norman Elementary School
Distance: 1.2 mi
9/10
Woodland Heights Middle School
Distance: 0.6 mi
9/10
Lake Norman High School
Distance: 2.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly. The information above is derived from the property's location and differs from what is in the MLS. See what schools the listing agent input in the MLS.
Listing History
Cumulative Days on Market: 141
Last checked for updates: 0 minute ago

01/12/2024: Price decreased to $1,350,000 ( $50,000)
12/15/2023: Price decreased to $1,400,000 ( $100,000)
12/07/2023: Price decreased to $1,500,000 ( $50,000)
12/01/2023: Price decreased to $1,550,000 ( $50,000)
11/16/2023: Price decreased to $1,600,000 ( $50,000)
11/02/2023: Price decreased to $1,650,000 ( $50,000)
10/26/2023: Price decreased to $1,700,000 ( $100,000)
10/11/2023: Price decreased to $1,800,000 ( $200,000)
10/04/2023: MLS # ‍4071577 listed at $2,000,000
Property Sold for: $1,500,000 (12/2021) (Source:
Property Sold for: $257,500 (10/1998) (Source: county) (may have been vacant land)


  Map / Satellite View
  Street View
  Monthly Payment
  Nearby Sold Homes

Layout
Basement Floor: Full Bathroom, Bonus Room, Office, Utility Room (Total: 1 full bathroom)
Main Floor: Full Bathroom, Breakfast, Dining Area, Great Room-Two Story, Kitchen, Laundry, Primary Bedroom (Total: 1 bedroom, 2 full bathrooms)
Upper Floor: Full Bathroom, Bedroom, Library, Loft (Total: 3 bedrooms, 4 full bathrooms)
Bedrooms: 4
Baths: 7 full

Total Heated Square Feet: 5,593
Heated Sq Ft Breakdown:
  • Basement: 1,000
  • Main: 2,478
  • Upper: 2,115
Garage Sq Ft: 550

Other Unheated Sq Ft:
  • Basement: 1,478
  • Main: 596
Exterior
Lot Size: 1.63 acres
Water Body: pond
Water Amenities: Other - See Remarks
Lot Description: Pond(s), Private Lot, Wooded Lot, Views
Exterior Features: In-Ground Irrigation
Siding: Hard Stucco, Stone Veneer
Interior Features
Flooring: Bamboo, Concrete, Tile
Appliances: Dishwasher, Disposal, Double Oven, Down Draft, Dryer, Electric Water Heater, Filtration System, Freezer, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven, Solar Hot Water, Washer/Dryer, Water Softener
Other / Miscellaneous
Foundation: Basement
Water: Well
Sewer: Septic Installed
Courtesy of: Niche Realty and Management
Agent: Renata Hawkins
Email: ‍renata@‍nicheram.com
Cooling: Ceiling Fan(s), Central Air, Geothermal
Heating: Active Solar, Electric, Radiant Floor
Fireplace: Family Room, Gas


 
Real estate broker
Lyn Palmer, 704-898-3016
REALTOR / Buyer’s Agent
(may represent potential buyers)
Lyn Palmer
REALTOR / Buyer’s Agent, offering 1% Realtor rebates
(may represent potential buyers of this property)

704-898-3016


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 65th most competitive area for buyers out of 65 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:

35
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 35 cumulative days on market in the 28117 area. Compare this with the Charlotte metro area median of 18 days on market.

11%
Of Recently Sold Homes
Over Asking Price
11% of previously owned 28117-area homes sold over the asking price (versus 21% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28117.

43%
of Available Homes
Are Under Contract
43% of previously owned 28117-area homes are under contract – compared with 51% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28117 Area Metro Area
1-year + 3% + 5%
2-year + 8% + 3%
5-year +71% +66%
The price per square foot of 28117-area re-sale homes has increased by approximately 71% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $239 per square foot in 28117 over the past 90 days - as compared to $209 for the entire metro area.

35
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 35 cumulative days on market in the 28117 area. Compare this with the Charlotte metro area median of 18 days on market.

12%
Of Recently Sold Homes
Over Asking Price

12% of previously owned 28117-area homes sold over the asking price (versus 21% 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 + 3% + 5%
2-year + 8% + 3%
5-year +71% +66%

The price per square foot of 28117-area re-sale homes has increased by approximately 71% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $239 per square foot in 28117 over the past 90 days - as compared to $209 for the entire metro area.

43%
of Available Homes
Are Under Contract

43% of previously owned 28117-area homes are under contract – compared with 51% of all homes in the Charlotte metro area.

  More ZIP Code Trends
  More ZIP Code Trends
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  More Home Details

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Contact Agent

Lyn Palmer
REALTOR / Buyer’s Agent
(may represent potential buyers)
Offering Realtor rebates
704-898-3016
Real estate broker

1% List Fee for Sellers

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


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