Mooresville · Mooresville, NC
188 Bailey Road
Mooresville, NC · 832 sqft
$255,000
- 2Beds
- 1Baths
- 832SqFt
- 1962Year
About this home
Modern 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, 2025 Well package and Pump w/ 3year warranty. The land value alone makes this a great asset. 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. Low Taxes and No HOA! Great move in ready ranch home, vacation rental or long term rental
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 832
- Lot
- —
- Year built
- 1962
- Type
- Single Family
- Style
- Farmhouse, Modern
- Heating
- Heat Pump
- Cooling
- Central Air
- Foundation
- Crawl Space
Features
- Storage
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,876/ month
- Principal & interest
- $1,579
- Property tax (~1.05%)
- $223
- Homeowners insurance
- $74
- HOA dues
- —
Down payment
$12,750 down · $242,250 financed
Income to qualify (28% rule)
~$80,434 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.