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Terra Vista Realty
528 Ridge Avenue
528 Ridge Avenue
$179,502 (our value guesstimate)
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Mooresville, NC 28115 ▪  (MLS # 3668129)
Built: 1940
3 bed  ▪  2 full bath  ▪  1,080 Sq Ft
Sold for $130,000 on Jan 19, 2021
528 Ridge Avenue
$179,502 (our value guesstimate)
Mooresville, NC 28115 ▪  (MLS # 3668129)
Built: 1940
3 bed  ▪  2 full bath  ▪  1,080 Sq Ft
Sold for $130,000 on Jan 19, 2021
SOLD JAN 19, 2021
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SOLD JAN 19, 2021
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SOLD JAN 19, 2021
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SOLD JAN 19, 2021
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SOLD JAN 19, 2021
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SOLD JAN 19, 2021
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SOLD JAN 19, 2021
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SOLD JAN 19, 2021
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SOLD JAN 19, 2021
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SOLD JAN 19, 2021
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SOLD JAN 19, 2021
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SOLD JAN 19, 2021
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SOLD JAN 19, 2021
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$130,000  (sales price)
3 bed  ▪  2 full bath  ▪  1,080 Sq Ft
528 Ridge Avenue
Mooresville, NC 28115 (MLS # 3668129)
.35 acres  ▪   Built: 1940
Subdivision: Mooresville Mill Village
Mooresville, NC / 28115

Our Value Guesstimate (from Computer Algorithm): $179,502

Our computer algorithm has estimated that this home would be likely to sell in a range between $152,577 and $206,427.
Sale Details
Sales Price: $130,000
Closed: Jan 19, 2021 (1,164 days ago)
List Price: $132,000
Sold for: 98% of list price
Cumulative Days on Market: 54
Price/Sq Ft: $120
Remarks - 528 Ridge Avenue
(from previous listing) This 3 bedroom, 2 bath bungalow is located just past Mooresville's Downtown district in the historic Mooresville Mill Village. Great investment opportunity (most recent lease was for $1000 per month). Covered front porch perfect for a porch swing, covered side deck, flat yard with plenty of room for a play structure out back, spacious living area and kitchen, upgraded carpet in the bedrooms and living area (clean and in great shape, installed in the last few years), master with its own full bat ...
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General Info - MLS # 3668129
Parking: Driveway, On Street
Year Built: 1940
Listing Status: Sold
Property Type: Single Family Home
Location: Mooresville / Iredell County
Lot Size: .35 acres
Area Schools
9/10
South Elementary School
Distance: 1.0 mi
6/10
Mooresville Middle School
Distance: 2.0 mi
6/10
Mooresville Senior High School
Distance: 1.1 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Mooresville Mill Village
Listing History
01/19/2021: MLS Sold for $130,000 (Canopy MLS)
Cumulative Days on Market: 54
More details

County Tax Data
2023 County Tax Assessment: $141,780
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
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28115 ZIP Code Trends
28115 ZIP Code Trends

OUR RATING: LESS COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28115 is the 52nd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28115 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

19
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 19 cumulative days on market in the 28115 area. Compare this with the Charlotte metro area median of 17 days on market.

13%
Of Recently Sold Homes
Over Asking Price
13% of previously owned 28115-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 28115.

35%
of Available Homes
Are Under Contract
35% of previously owned 28115-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28115 Area Metro Area
1-year + 7% + 3%
2-year + 2% + 2%
5-year +70% +66%
The price per square foot of 28115-area re-sale homes has increased by approximately 70% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $196 per square foot in 28115 over the past 90 days - as compared to $212 for the entire metro area.

20
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 20 cumulative days on market in the 28115 area. Compare this with the Charlotte metro area median of 17 days on market.

13%
Of Recently Sold Homes
Over Asking Price

13% of previously owned 28115-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 28115.

Price Per Square Foot Change
Period 28115
Area
Metro
Area
1-year + 7% + 3%
2-year + 2% + 2%
5-year +70% +66%

The price per square foot of 28115-area re-sale homes has increased by approximately 70% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $196 per square foot in 28115 over the past 90 days - as compared to $212 for the entire metro area.

35%
of Available Homes
Are Under Contract

35% of previously owned 28115-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $179,502

Our computer algorithm has estimated that this home would be likely to sell in a range between $152,577 and $206,427.


Sale Details
Sales Price: $130,000
Closed: Jan 19, 2021 (1,164 days ago)
List Price: $132,000
Sold for: 98% of list price
Cumulative Days on Market: 54
Price/Sq Ft: $120
Remarks
(from previous listing) This 3 bedroom, 2 bath bungalow is located just past Mooresville's Downtown district in the historic Mooresville Mill Village. Great investment opportunity (most recent lease was for $1000 per month). Covered front porch perfect for a porch swing, covered side deck, flat yard with plenty of room fo ...
Continue reading

General Info - MLS 3668129
Parking: Driveway, On Street
Year Built: 1940
Listing Status: Sold
Property Type: Single Family Home
Location: Mooresville / Iredell County
Lot Size: .35 acres

Neighborhood Info
Subdivision: Mooresville Mill Village
Listing History
01/19/2021: MLS Sold for $130,000 (Canopy MLS)
Cumulative Days on Market: 54
More details

Area Schools
9/10
South Elementary School
Distance: 1.0 mi
6/10
Mooresville Middle School
Distance: 2.0 mi
6/10
Mooresville Senior High School
Distance: 1.1 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.



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.