NOT LISTED FOR SALE

508 Kelly Ave Mooresville, NC 28115

Estimated Value: $241,000 - $311,000

3 Beds
1.5 Baths
1,170 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $242,000 $207 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,758/month

34 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Laundry Room
  • South Elementary School Rated A-
  • Wood Flooring
  • Shed

About This Home

As of June 2022

Charming full brick ranch in the heart of downtown Mooresville. Located in sought after MGSD, large private backyard, and many updates made by the current owners. Currently used this as a rental property but would also be a great first time home. Hardwoods throughout the main areas, new countertops, gutters, and HVAC.

Last Agent to Sell the Property

Jenifer Meeks

J Meeks + Co License #279167 Listed on: 05/19/2022

Last Buyer's Agent

Matt Moore

Keller Williams Lake Norman License #173987

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 1970

Lot Details

  • Wooded Lot
  • Zoning described as R5

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,170 Sq Ft Home
  • Crawl Space
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Shed
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4657-71-7749.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,965

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1970
  • Ratio Current Price By Acre: 456603.77
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Tile, Vinyl, Wood
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1170
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Fixture Exception Description: Refrigerator, washer/dryer
  • Appliances: Electric Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1170
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.53
  • Lot Size Units: Acres
  • Parcel Number: 4657-71-7749.000
  • Zoning Description: R5

Tax Info

  • RATIO List Price By Tax Amount: 2.12621

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
May 19, 2022
Closed on
Jun 21, 2022
Sold by
Boyer Justin R and Boyer Renee
Bought by
Case Robert D and Case Patricia A
Seller's Agent
Jenifer Meeks
J Meeks + Co
Buyer's Agent
Matt Moore
Keller Williams Lake Norman
List Price
$250,000
Sold Price
$242,000
Premium/Discount to List
-$8,000
-3.2%
Current Estimated Value
$277,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,972
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
May 7, 2019
Sold by
Phifer Ralph and Phifer Bridget
Bought by
Boyer Justin R and Randolph Timothy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2014
Sold by
Phifer Shirley A
Bought by
Phifer Ralph Douglas

Purchase Details

Closed on
Oct 16, 1970
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
Case Robert D $242,000 Lutzel Broadway & Associates P
Boyer Justin R $90,000 None Available
Phifer Ralph Douglas -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyer Justin R $72,000
Closed Case Robert D $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $242,000 -3.2% $207 / Sq Ft
05/19/2022 05/19/22 For Sale $250,000 -- $214 / 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 $2,965 $242,520 $45,100 $197,420
2023 $2,965 $242,520 $45,100 $197,420
2022 $1,711 $117,580 $27,500 $90,080
2021 $1,707 $117,580 $27,500 $90,080
2020 $1,673 $114,960 $27,500 $87,460
2019 $1,662 $114,960 $27,500 $87,460
2018 $1,403 $95,280 $22,000 $73,280
2017 $1,302 $95,280 $22,000 $73,280
2016 $1,343 $95,280 $22,000 $73,280
2015 $1,343 $95,280 $22,000 $73,280
2014 $1,302 $95,170 $16,500 $78,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3861416

Canopy MLS (Canopy Realtor® Association)

APN: 4657-71-7749.000