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106 Teakwood Lane
106 Teakwood Lane
$1,030,311 (our value guesstimate)
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Mooresville, NC 28117 ▪  (MLS # 3561795)
2-car garage  ▪   Built: 1984  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,635 Sq Ft
Sold for $635,000 on Mar 05, 2020
106 Teakwood Lane
$1,030,311 (our value guesstimate)
Mooresville, NC 28117 ▪  (MLS # 3561795)
2-car garage  ▪   Built: 1984  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,635 Sq Ft
Sold for $635,000 on Mar 05, 2020
SOLD MAR 5, 2020
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$635,000  (sales price)
3 bed  ▪  2 full bath  ▪  1,635 Sq Ft
106 Teakwood Lane
Mooresville, NC 28117 (MLS # 3561795)
.54 acres  ▪   Built: 1984  ▪   Primary Bedroom on Main
Subdivision: Sailors Lair
Mooresville, NC / 28117

Our Value Guesstimate (from Computer Algorithm): $1,030,311

Our computer algorithm has estimated that this home would be likely to sell in a range between $875,764 and $1,184,858.
Sale Details
Sales Price: $635,000
Closed: Mar 5, 2020 (1,484 days ago)
List Price: $675,000
Sold for: 94% of list price
Cumulative Days on Market: 90
Price/Sq Ft: $388
Remarks - 106 Teakwood Lane
(from previous listing) WELCOME HOME to this TRULY AMAZING, CUSTOM 3-bedroom WATERFRONT RANCH located on the stunning shores of Lake Norman. Imagine living the dream. On vacation everyday. This remodeled cul-de sac waterfront home is conveniently located off Langtree in the desirable neighborhood of Sailor’s Lair. Bright and move-in ready, this home features new granite countertops in kitchen and baths, glass tile backsplash, 42" cabinets, new paint, new lighting, new fixtures, new flooring, amazing stone fireplace & ...
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General Info - MLS # 3561795
Parking: Attached, Garage - 2 Car
Year Built: 1984
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Mooresville / Iredell County
Lot Size: .54 acres
Area Schools
10/10
Coddle Creek Elementary School
Distance: 4.6 mi
9/10
Woodland Heights Middle School
Distance: 4.4 mi
9/10
Lake Norman High School
Distance: 5.3 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Sailors Lair
Community Features: Lake
Listing History
03/05/2020: MLS Sold for $635,000 (Canopy MLS)
Cumulative Days on Market: 90
More details

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: $1,030,311

Our computer algorithm has estimated that this home would be likely to sell in a range between $875,764 and $1,184,858.


Sale Details
Sales Price: $635,000
Closed: Mar 5, 2020 (1,484 days ago)
List Price: $675,000
Sold for: 94% of list price
Cumulative Days on Market: 90
Price/Sq Ft: $388
Remarks
(from previous listing) WELCOME HOME to this TRULY AMAZING, CUSTOM 3-bedroom WATERFRONT RANCH located on the stunning shores of Lake Norman. Imagine living the dream. On vacation everyday. This remodeled cul-de sac waterfront home is conveniently located off Langtree in the desirable neighborhood of Sailor’s Lair. Bright ...
Continue reading

General Info - MLS 3561795
Parking: Attached, Garage - 2 Car
Year Built: 1984
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Mooresville / Iredell County
Lot Size: .54 acres

Neighborhood Info
Subdivision: Sailors Lair
Community Features: Lake
Listing History
03/05/2020: MLS Sold for $635,000 (Canopy MLS)
Cumulative Days on Market: 90
More details

Area Schools
10/10
Coddle Creek Elementary School
Distance: 4.6 mi
9/10
Woodland Heights Middle School
Distance: 4.4 mi
9/10
Lake Norman High School
Distance: 5.3 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 Sailors Lair neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Alexander Island, Royal Pointe, and Lakeview Shores.



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.