Terra Vista Realty
Mobile Menu
Terra Vista Realty
218 Gannett Road
218 Gannett Road
$1,378,958 (our value guesstimate)
 Back
Mooresville, NC 28117 ▪  (MLS # 3762531)
4-car garage  ▪   Built: 1975  ▪   Primary on Main
3 bed  ▪  3 full bath  ▪  2,332 Sq Ft
Sold for $1,250,000 on Mar 28, 2022
218 Gannett Road
$1,378,958 (our value guesstimate)
Mooresville, NC 28117 ▪  (MLS # 3762531)
4-car garage  ▪   Built: 1975  ▪   Primary on Main
3 bed  ▪  3 full bath  ▪  2,332 Sq Ft
Sold for $1,250,000 on Mar 28, 2022
SOLD MAR 28, 2022
WATERFRONT
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
SOLD MAR 28, 2022
1 of 47 
 
$1,250,000  (sales price)
3 bed  ▪  3 full bath  ▪  2,332 Sq Ft
218 Gannett Road
Mooresville, NC 28117 (MLS # 3762531)
.71 acres  ▪   Built: 1975  ▪   Primary Bedroom on Main
Subdivision: Lake Norman
Mooresville, NC / 28117

Our Value Guesstimate (from Computer Algorithm): $1,378,958

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,172,114 and $1,585,802.
Sale Details
Sales Price: $1,250,000
Closed: Mar 28, 2022 (731 days ago)
List Price: $1,250,000
Sold for: 100% of list price
Cumulative Days on Market: 51
Price/Sq Ft: $536
Remarks - 218 Gannett Road
(from previous listing) Welcome to Southern Charm. Income Producing Vacation Rental with Great Reviews. Home is producing $100K+ gross in rental income for 2021. Looking for the perfect lake cottage? Look no further! This 3 bedroom, 3 bath cottage has been meticulously maintained and what could be better than the Lake! Located in a quiet cul de sac, this charming home is a gem. It features a beautiful side and back wrap around deck and partially covered and overlooking Lake Norman! The dock features a wonderful gaze ...
Continue reading

General Info - MLS # 3762531
Parking: Garage - 4+ Car
Year Built: 1975
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Mooresville / Iredell County
Lot Size: .71 acres
Area Schools
10/10
Woodland Heights Elementary School
Distance: 1.6 mi
9/10
Woodland Heights Middle School
Distance: 2.5 mi
9/10
Lake Norman High School
Distance: 3.2 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Lake Norman
Community Features: Lake
Listing History
03/28/2022: MLS Sold for $1,250,000 (Canopy MLS)
Cumulative Days on Market: 51
More details

07/02/2020: MLS # 3620533 sold for $835,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 2
County Tax Data
2023 County Tax Assessment: $843,580
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

See Sold Homes in Lake Norman
SOLD JUL 14, 2023
Sold for $343/Sq Ft & 85% of list
3 cumulative days on market
$1,150,000 (sales price)
4 bed  ▪  2 full & 1 h. bath  ▪  3,354 SqFt
391 Barber Loop
Mooresville, NC 28117
Lake Norman
2.8 mi.

SOLD SEP 15, 2022
Sold for $467/Sq Ft & 88% of list
1 cumulative day on market
$1,500,000 (sales price)
3 bed  ▪  4 full bath  ▪  3,211 SqFt
185 Carlton Dr
Mooresville, NC 28117
Lake Norman
6.0 mi.

SOLD APR 12, 2022
Sold for $343/Sq Ft & 100% of list
56 cumulative days on market
$1,717,000 (sales price)
3 bed  ▪  4 full & 4 h. bath  ▪  5,000 SqFt
274 Greenbay Rd
Mooresville, NC 28117
Lake Norman
3.4 mi.


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: $1,378,958

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,172,114 and $1,585,802.


Sale Details
Sales Price: $1,250,000
Closed: Mar 28, 2022 (731 days ago)
List Price: $1,250,000
Sold for: 100% of list price
Cumulative Days on Market: 51
Price/Sq Ft: $536
Remarks
(from previous listing) Welcome to Southern Charm. Income Producing Vacation Rental with Great Reviews. Home is producing $100K+ gross in rental income for 2021. Looking for the perfect lake cottage? Look no further! This 3 bedroom, 3 bath cottage has been meticulously maintained and what could be better than the Lake! ...
Continue reading

General Info - MLS 3762531
Parking: Garage - 4+ Car
Year Built: 1975
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Mooresville / Iredell County
Lot Size: .71 acres

Neighborhood Info
Subdivision: Lake Norman
Community Features: Lake
Listing History
03/28/2022: MLS Sold for $1,250,000 (Canopy MLS)
Cumulative Days on Market: 51
More details


07/02/2020: MLS # 3620533 sold for $835,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 2

Area Schools
10/10
Woodland Heights Elementary School
Distance: 1.6 mi
9/10
Woodland Heights Middle School
Distance: 2.5 mi
9/10
Lake Norman High School
Distance: 3.2 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 Lake Norman neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Hidden Cove, Spring Acres, and Robinson Ridge.



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.