NOT LISTED FOR SALE

162 S Sycamore St Unit 6-8 Mooresville, NC 28115

Estimated Value: $254,000 - $286,000

3 Beds
1.5 Baths
1,231 Sq Ft
$222/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $260,000 $211 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,659/month

1 Day on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Enclosed Patio or Porch
  • South Elementary School Rated A-
  • Circular Driveway
  • Laundry Room

About This Home

As of April 2023

GREAT INVESTMENT OPPORTUNITY!! This well-built 1940s cottage is located in a great location near downtown Mooresville, Mooresville High School & several town parks. It is situated on half of a large, flat lot that can be subdivided per the Town Planning Dept. It has been a long-term rental with a great-paying tenant who is willing to sign a new lease or move out; he is currently month-to-month. The house was renovated in 2018 & has two bedrooms with closets, a full bathroom, and a third flexible space that is currently being used as a 3rd bedroom, but could also be a home office, dining room, play room or study. Hardwood floors in the bedrooms & updated laminate wood in the rest of the home. Large, eat-in Kitchen. Inside Laundry Room w/half bath is not heated or cooled. Newer vinyl windows, enclosed front porch, fenced-in yard and circular driveway.
Don't miss this opportunity!

Last Agent to Sell the Property

Nikki Robinson

Lake Norman Realty, Inc Brokerage Email: nikkir@LakeNormanRealty.com License #282886 Listed on: 02/28/2023

Lake Norman Realty, Inc

Last Buyer's Agent

Nancy Hucks

Lake Norman Realty, Inc License #203764

Lake Norman Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,114

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 150' x 150'
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Property is zoned DE

Parking

  • Circular Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • French Doors
  • Crawl Space
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • South / Mooresville Is Elementary School
  • Mooresville Middle School
  • Mooresville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • East End Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4666-39-0940.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,114

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1941
  • Road Surface Type: Concrete, Dirt, Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 211.21
  • Geocode Confidence: High
  • Attribution Contact: nikkir@LakeNormanRealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Laminate, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1231
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 221
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 221
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Electric Water Heater
  • Above Grade Finished Sq Ft: 1231
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Living Area: 1231
  • Bedroom Main: 3
  • Room Count: 6

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Construction Type: Vinyl
  • Patio And Porch Features: Enclosed, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Central Air, Electric
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.53
  • Lot Size Units: Acres
  • Parcel Number: 4666-39-0940.000
  • Lot Size: 150' x 150'
  • ResoLotSizeUnits: Acres
  • Zoning Specification: DE

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: South / Mooresville IS
  • High School: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2025
Sold by
Community First Homes Llc
Bought by
Martinez Franco Jorge and Olivares Olguin Sandra
Current Estimated Value
$272,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Outstanding Balance
$14,987
Interest Rate
6.81%
Estimated Equity
$253,849

Purchase Details

Closed on
Feb 11, 2025
Sold by
R11 Company Llc
Bought by
Community First Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.91%

Purchase Details

Closed on
Feb 4, 2025
Sold by
R11 Company Llc
Bought by
Community First Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.91%

Purchase Details

Listed on
Feb 28, 2023
Closed on
Apr 3, 2023
Sold by
Pless Robert W and Pless Mary L
Bought by
R11 Company Llc
Seller's Agent
Nikki Robinson
Lake Norman Realty, Inc
Buyer's Agent
Nancy Hucks
Lake Norman Realty, Inc
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Original Mortgage
$192,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2007
Sold by
Pless Clement E and Whitlow Lillian P
Bought by
Town Of Mooresville

Purchase Details

Closed on
Nov 1, 1990
Bought by
Whitlow Lillian P

Purchase Details

Closed on
Jun 1, 1980

Purchase Details

Closed on
Jun 1, 1938
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
Martinez Franco Jorge $277,000 None Listed On Document
Community First Homes Llc $35,000 None Listed On Document
Community First Homes Llc $35,000 None Listed On Document
Community First Homes Llc $35,000 None Listed On Document
Community First Homes Llc $35,000 None Listed On Document
R11 Company Llc -- None Listed On Document
R11 Company Llc $260,000 None Listed On Document
Town Of Mooresville $550 None Available
Whitlow Lillian P -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Franco Jorge $15,000
Open Martinez Franco Jorge $268,690
Previous Owner Community First Homes Llc $160,000
Previous Owner Community First Homes Llc $160,000
Previous Owner R11 Company Llc $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $260,000 +4.0% $211 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $250,000 -- $203 / 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 $2,114 $167,770 $62,400 $105,370
2023 $2,114 $168,970 $63,600 $105,370
2022 $1,313 $86,980 $26,500 $60,480
2021 $1,309 $86,980 $26,500 $60,480
2020 $1,309 $86,980 $26,500 $60,480
2019 $1,300 $86,980 $26,500 $60,480
2018 $1,014 $65,150 $43,320 $21,830
2017 $954 $65,150 $43,320 $21,830
2016 $954 $65,150 $43,320 $21,830
2015 $1,139 $79,440 $57,610 $21,830
2014 $1,153 $83,290 $57,610 $25,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4004589

Canopy MLS (Canopy Realtor® Association)

APN: 4666-39-0940.000