NOT LISTED FOR SALE

331 Nesbit Ave Unit 9 Mooresville, NC 28115

Estimated Value: $261,000 - $315,000

0.2 Acre
$1,456,880 Price per Acre
8,712 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $57,000

Est. 411% increase in value since last sale

Current estimated payment $1,822/month

2 Days on Market

About This Lot

As of May 2022

Rare opportunity in Mooresville. Directly behind Merino Mill and across from town owned Nesbit Park. The property is zoned HMV Historic Mill Village. Shade Tree lined street. Walking distance from shopping, restaurants, Spinners Baseball Ballpark, and new Brewery coming soon. Please inquire with town regarding building specifications. Tap fee required for water and sewer.

Last Agent to Sell the Property

Lisa C Newell

Lake Norman Realty, Inc. License #195184 Listed on: 04/13/2022

Lake Norman Realty, Inc.

Last Buyer's Agent

JJ Morse

Mooresville Realty LLC License #198617

Mooresville Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,326

Lot Details

  • Lot Dimensions are 62x126x62x119
  • Possible uses of the property include Residential
  • Zoning described as RMXMH

Utilities

  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 4656-88-9220.000

Property Details

Property Type

Land

Est. Annual Taxes

$3,326

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 285000.00
  • Restrictions: Other - See Media/Remarks
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: Mooresville

Utilities

  • Sewer: Tap Fee Required
  • Water Source: Tap Fee Required

Schools

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

Lot Info

  • Lot Size Area: 0.2
  • Lot Size Units: Acres
  • Parcel Number: 4656-88-9220.000
  • Out Buildings Yn: 0
  • Lot Size: 62X126X62X119
  • Zoning Description: RMXMH

Tax Info

  • RATIO List Price By Tax Amount: 4.08333

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Jun 8, 2022
Sold by
R11 Company Llc
Bought by
Hinckley Gauvain Llc
Seller's Agent
Lisa C Newell
Lake Norman Realty, Inc.
Buyer's Agent
JJ Morse
Mooresville Realty LLC
List Price
$49,000
Sold Price
$57,000
Premium/Discount to List
$8,000
16.33%
Current Estimated Value
$291,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,376
Avg. Annual Appreciation
60.91%
Original Mortgage
$228,000
Interest Rate
5.27%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 13, 2022
Closed on
Jun 6, 2022
Sold by
Hinckley Gauvain Llc
Bought by
Helmsman Homes Llc
Seller's Agent
Lisa C Newell
Lake Norman Realty, Inc.
Buyer's Agent
JJ Morse
Mooresville Realty LLC
List Price
$49,000
Sold Price
$57,000
Premium/Discount to List
$8,000
16.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.27%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 1, 1979

Purchase Details

Closed on
Jun 1, 1973
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hinckley Gauvain Llc $75,000 West Viki M
Helmsman Homes Llc $165,000 Farlow Todd J
-- $1,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Helmsman Homes Llc $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $57,000 +16.3% --
04/15/2022 04/15/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $49,000 -- --
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 $3,326 $189,780 $35,000 $154,780
2023 $2,365 $35,000 $35,000 $0
2022 $156 $12,000 $12,000 $0
2021 $156 $12,000 $12,000 $0
2020 $156 $12,000 $12,000 $0
2019 $155 $12,000 $12,000 $0
2018 $140 $10,800 $10,800 $0
2017 $140 $10,800 $10,800 $0
2016 $140 $10,800 $10,800 $0
2015 $140 $10,800 $10,800 $0
2014 $225 $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3848096

Canopy MLS (Canopy Realtor® Association)

APN: 4656-88-9220.000