Landlord's Agent in 2025
Freddy Karmatz
FK and Associates Real Estate Firm
(704) 230-0456
8 in this area
86 Total Sales
188 Bailey Rd Mooresville, NC 28117
Estimated Value: $156,000 - $271,449
2
Beds
1
Bath
832
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Laundry closet
- Central Air
- Farmhouse Style Home
- 1-Story Property
About This Home
As of May 2025Modern Farmhouse Cottage Home in Lake Norman Area on a level 1 acre of property. Quartz Kitchen countertop and stainless steel appliances. Free standing soaking tub and a tiled shower with glass door. 2025 HVAC, 2025 Roof. The land value alone makes this a great property. Beautiful New Residential DR Horton subdivision being constructed next door. Great location close to Stumpy Creek Park (boat launch and Park on Lake Norman), Cornelius Road Park (Tennis courts, soccer fields and walking trails. Tons of shopping and restaurants on Route 150 and Downtown Mooresville and much more. Easy access to I-77, exit 36 and 42. No HOA!
Last Agent to Rent the Property
FK and Associates Real Estate Firm Brokerage Email: freddy@fkandassociates.com License #282367 Listed on: 04/25/2025
Last Renter's Agent
Non Member
Canopy Administration
Home Details
Home Type
- Single Family
Year Built
- Built in 1962
Lot Details
- Property is zoned RA
Parking
- Driveway
Home Design
- Farmhouse Style Home
- Modern Architecture
- Bungalow
Interior Spaces
- 832 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Furniture Can Be Negotiated
- Crawl Space
- Laundry closet
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Security Deposit $2,000
- Property Available on 4/25/25
- Tenant pays for all utilities, exterior maintenance, trash collection
- 12-Month Minimum Lease Term
- Assessor Parcel Number 4658-46-9770.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 21, 2024
Closed on
Dec 20, 2024
Sold by
Shumaker Jamie Scott
Bought by
Freddy Karmatz Real Estate Llc
Seller's Agent
Taylor Kilby
Keller Williams Unified
Buyer's Agent
Freddy Karmatz
FK and Associates Real Estate Firm
List Price
$160,000
Sold Price
$146,400
Premium/Discount to List
-$13,600
-8.5%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,211
Avg. Annual Appreciation
45.90%
Original Mortgage
$186,000
Interest Rate
6.79%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 1, 1986
Purchase Details
Closed on
Jun 1, 1977
Purchase Details
Closed on
Jun 1, 1968
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Freddy Karmatz Real Estate Llc | $146,500 | None Listed On Document | |
| -- | -- | -- | |
| -- | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Freddy Karmatz Real Estate Llc | $186,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/15/2025 05/15/25 | Rented | $1,695 | 0.0% | -- | |
| 05/07/2025 05/07/25 | Price Changed | $1,695 | -4.5% | $2 / Sq Ft | |
| 05/05/2025 05/05/25 | Price Changed | $1,775 | -1.1% | $2 / Sq Ft | |
| 05/02/2025 05/02/25 | Price Changed | $1,795 | -3.0% | $2 / Sq Ft | |
| 04/27/2025 04/27/25 | Price Changed | $1,850 | -1.3% | $2 / Sq Ft | |
| 04/25/2025 04/25/25 | For Rent | $1,875 | 0.0% | -- | |
| 12/20/2024 12/20/24 | Sold | $146,400 | -8.5% | $176 / Sq Ft | View Prior Sale |
| 11/21/2024 11/21/24 | For Sale | $160,000 | -- | $192 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
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 |
|---|---|---|---|---|
| 2025 | $667 | $102,870 | $37,050 | $65,820 |
| 2024 | $667 | $102,870 | $37,050 | $65,820 |
| 2023 | $667 | $102,870 | $37,050 | $65,820 |
| 2022 | $540 | $76,520 | $31,350 | $45,170 |
| 2021 | $536 | $76,520 | $31,350 | $45,170 |
| 2020 | $536 | $76,520 | $31,350 | $45,170 |
| 2019 | $257 | $76,520 | $31,350 | $45,170 |
| 2018 | $243 | $72,570 | $31,350 | $41,220 |
| 2017 | $244 | $72,570 | $31,350 | $41,220 |
| 2016 | $244 | $72,570 | $31,350 | $41,220 |
| 2015 | $244 | $72,570 | $31,350 | $41,220 |
| 2014 | $239 | $76,310 | $31,350 | $44,960 |
Source: Public Records
Agents Affiliated with this Home
-
Freddy Karmatz
-
N
Tenant's Agent in 2025
Non Member
NC_CanopyMLS
-
Taylor Kilby
T
Seller's Agent in 2024
Taylor Kilby
Keller Williams Unified
(704) 876-5772
2 in this area
4 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4251234
APN: 4658-46-9770.000
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Based on information submitted to the MLS GRID
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