NOT LISTED FOR SALE

615 Cabarrus Ave Mooresville, NC 28115

Estimated Value: $262,000 - $318,048

3 Beds
2 Baths
1,238 Sq Ft
$235/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $177,000 $143 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,834/month

7 Days on Market

Highlights

  • Open Floorplan
  • Corner Lot
  • Attached Garage
  • South Elementary School Rated A-
  • Fireplace
  • Walk-In Closet

About This Home

As of November 2021

3 bedroom, 2 bath, ranch, with a one-car garage and unfinished partial basement situated on a corner lot across from Mooresville High School. Split bedroom floorplan with Master Suite separate from secondary bedrooms. The unfinished basement is accessed from the exterior. Large deck overlooking the backyard. The home needs cosmetic updates and structural work. The Seller will not make any repairs, the home is being sold in AS IS condition. See MLS attachment for structural engineer report. Additional Square footage listed reflects the unfinished basement.

Last Agent to Sell the Property

Ryan Bentley

Stikeleather Realty and Auction License #198407 Listed on: 10/22/2021

Last Buyer's Agent

Koya Lamar

NorthGroup Real Estate LLC License #293016

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Corner Lot

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Crawl Space

Flooring

  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • South Elementary School
  • Mooresville Middle School
  • Mooresville High School

Listing and Financial Details

  • Assessor Parcel Number 4666-39-8382.000

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.88500
  • Ratio Close Price By Original Li: 0.82326
  • Ratio Current Price By Acre: 421428.57
  • Ratio Current Price By Sq Ft: 142.97
  • Year Built: 1988
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Outside Entrance, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Microwave
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Vinyl, Vinyl Plank
  • Interior Amenities: Basement Shop, Open Floorplan, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Sq Ft Additional: 390
  • Main Level Sq Ft: 1238
  • Total Sq Ft: 1238

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 1 Car, Parking Space - 2
  • Sq Ft Garage: 326

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: South
  • Middle School: Mooresville
  • High School: Mooresville
  • Middle Or Junior School: Mooresville

Lot Info

  • Lot Dimension: 126*159*104*164
  • Lot Features: Corner Lot
  • Lot Size Area: 0.420
  • Parcel Number: 4666-39-8382.000
  • Zoning Specification: R3

Tax Info

  • Tax Value: 162580.00
  • Tax Location: Mooresville

MLS Schools

  • Elementary School: South
  • High School: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2023
Sold by
Montazeri Marjon and Homesley Cyrus
Bought by
Montazeri Marjon
Current Estimated Value
$290,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Outstanding Balance
$220,294
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$65,113

Purchase Details

Closed on
Jun 3, 2022
Sold by
Montazeri Jalal A and Montazeri Maryam A
Bought by
Montazeri Marjon and Homesley Cyrus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2021
Closed on
Nov 18, 2021
Sold by
Beam Properties
Bought by
Red Rose Rentals Llc
Seller's Agent
Ryan Bentley
Stikeleather Realty and Auction
Buyer's Agent
Koya Lamar
NorthGroup Real Estate LLC
List Price
$215,000
Sold Price
$177,000
Premium/Discount to List
-$38,000
-17.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.55%

Purchase Details

Closed on
Sep 5, 2002
Sold by
Barringer Bevan K and Barringer Laura R
Bought by
Beam Sam Alexander and Beam Edith Alexander

Purchase Details

Closed on
Nov 12, 1998
Sold by
Thibodeau Gregory H and Thibodeau Carmen J
Bought by
Barringer Bevan K and Barringer Laura R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.58%

Purchase Details

Closed on
Mar 1, 1994

Purchase Details

Closed on
Sep 1, 1993
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
Montazeri Marjon -- None Listed On Document
Montazeri Marjon $320,000 Tryon Title
Red Rose Rentals Llc $177,000 Old Republic National Title
Beam Sam Alexander $93,000 --
Barringer Bevan K $110,000 --
-- $85,000 --
-- $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montazeri Marjon $224,000
Previous Owner Montazeri Marjon $220,000
Previous Owner Barringer Bevan K $83,000
Previous Owner Barringer Bevan K $82,500
Previous Owner Barringer Bevan K $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $177,000 -17.7% $143 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $215,000 0.0% $174 / Sq Ft
01/09/2012 01/09/12 Rented $800 -11.1% --
01/09/2012 01/09/12 For Rent $900 -- --
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 $2,991 $244,780 $63,000 $181,780
2023 $2,991 $244,780 $63,000 $181,780
2022 $2,298 $162,580 $42,000 $120,580
2021 $2,294 $162,580 $42,000 $120,580
2020 $2,294 $162,580 $42,000 $120,580
2019 $2,277 $162,580 $42,000 $120,580
2018 $1,761 $122,930 $31,500 $91,430
2017 $1,701 $122,930 $31,500 $91,430
2016 $1,701 $122,930 $31,500 $91,430
2015 $1,701 $122,930 $31,500 $91,430
2014 $1,559 $115,790 $25,200 $90,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3799014

Canopy MLS (Canopy Realtor® Association)

APN: 4666-39-8382.000