NOT LISTED FOR SALE

123 Rocky River Rd Mooresville, NC 28115

Estimated Value: $384,000 - $451,062

4 Beds
2.5 Baths
1,890 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $325,000 $172 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,696/month

196 Days on Market

Highlights

  • 1.52 Acre Lot
  • Ranch Style House
  • Covered Patio or Porch
  • Rocky River Elementary School Rated A
  • No HOA
  • Fireplace

About This Home

As of March 2022

New Roof 2020. Beautiful setting among 60+ year old Oaks on level lot! This property has mixed-use potential, which would require Rezoning. Located within the Town Limits of Mooresville with access to City water and sewer, which has been approved by the Town for the property. Tap fees would apply to connect. Common well serves this property and adjacent Commercial property, with shared well agreement in place for 18 months. In listing agent's opinion, highest and best use would require Rezoning to RMX, which would allow for Multi-family development (10 units/acre) and/or neighborhood retail to serve the adjacent Johnson Manor subdivision.

Last Agent to Sell the Property

Warren Dumford

Mooresville Realty LLC Brokerage Email: warren@mooresvillerealty.com License #166758 Listed on: 05/28/2021

Mooresville Realty LLC

Last Buyer's Agent

Ty Chapman

Lake Norman Realty, Inc. License #272711

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,168

Year Built

  • Built in 1962

Lot Details

  • 1.52 Acre Lot
  • Property is zoned RA

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Ceiling Fan
  • Fireplace
  • Laminate Flooring
  • Basement

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4665-45-4065.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,168

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1962
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 171.96
  • Attribution Contact: warren@mooresvillerealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1890
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1538
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1538
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater
  • Above Grade Finished Sq Ft: 1890
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1890
  • Bedroom Main: 4
  • Room Count: 13
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 624
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 1.52
  • Lot Size Units: Acres
  • Parcel Number: 4665-45-4065.000
  • Lot Size Acres: 1.52
  • Lot Size: 189Rx318x172x318
  • Lot Size Sq Ft: 66211
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Town Of Mooresville
Bought by
Brown-Rr Llc
Current Estimated Value
$432,016

Purchase Details

Listed on
May 28, 2021
Closed on
Mar 2, 2022
Sold by
Johnson Joyce S
Bought by
Town Of Mooresville
Seller's Agent
Warren Dumford
Mooresville Realty LLC
Buyer's Agent
Ty Chapman
Lake Norman Realty, Inc.
List Price
$395,000
Sold Price
$325,000
Premium/Discount to List
-$70,000
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Jun 12, 2014
Sold by
Ef Ventures Llc
Bought by
Bmch North Carolina Llc

Purchase Details

Closed on
Dec 20, 2013
Sold by
Johnson Joyce S
Bought by
Ef Ventures Llc

Purchase Details

Closed on
Sep 7, 2010
Sold by
Phifer L Johnson Limited Partnership Rll
Bought by
Johnson Joyce S

Purchase Details

Closed on
Mar 5, 2007
Sold by
Phifer I Johnson Lp Rlllp
Bought by
Johnson Joyce S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown-Rr Llc $450,000 None Listed On Document
Bmch North Carolina Llc $787,000 None Available
Ef Ventures Llc -- None Available
Johnson Joyce S -- None Available
Johnson Joyce S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Joyce S $200,000
Previous Owner Johnson Joyce S $50,000
Previous Owner Johnson Joyce S $159,000
Previous Owner Johnson Joyce S $154,000
Previous Owner Johnson Joyce S $147,152
Previous Owner Phifer I Johnson Lp $200,000
Previous Owner Johnson Joyce S $80,000
Previous Owner Johnson Joyce S $50,000
Previous Owner Phifer I Johnson Lp Rlllp $78,000
Previous Owner Phifer I Johnson Lp Rllp $360,000
Previous Owner Johnson Phifer I $122,000
Previous Owner Johnson Phifer I $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $325,000 -7.1% $172 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
11/20/2021 11/20/21 Price Changed $349,900 -11.4% $185 / Sq Ft
11/17/2021 11/17/21 For Sale $395,000 0.0% $209 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $395,000 -- $209 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,168 $315,710 $104,880 $210,830
2023 $3,655 $315,710 $104,880 $210,830
2022 $1,554 $183,860 $53,840 $130,020
2021 $1,550 $183,860 $53,840 $130,020
2020 $1,512 $179,160 $53,840 $125,320
2019 $1,458 $179,160 $53,840 $125,320
2018 $1,258 $156,170 $53,840 $102,330
2017 $1,258 $156,170 $53,840 $102,330
2016 $1,258 $156,170 $53,840 $102,330
2015 $1,251 $156,170 $53,840 $102,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3745093

Canopy MLS (Canopy Realtor® Association)

APN: 4665-45-4065.000