157 Magnolia Farms Ln, Mooresville, NC, 28117

$1,349,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,716 SqFt
$363/SqFt
House
Schools Nearby

Location

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157 Magnolia Farms Ln, Mooresville$1,349,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Garage Door Opener, Garage Faces Side
Attached GarageYes
Year Built2003
HeatingHeat Pump, Natural Gas, Zoned
CoolingCeiling Fan(s), Central Air, Heat Pump, Zoned
WaterfrontBoat Ramp, Other
FireplaceFire Pit, Gas Log, Great Room, See Through
MLS #4124089
StatusAccepting Backup Offers
(Active Under Contract)

About 157 Magnolia Farms Ln

Stunning traditional full brick home nestled in the highly desirable The Farms - subdivision w/ lake access. This elegant, meticulously maintained home is situated on 1.25 ac private lot offers your dream indoor- Outdoor Lifestyle. Purchased less than 3 years ago this home has experienced a lot of updates to the latest trend. Main floor w/ crown molding and Australian Cypress wood floor throughout offers open floor plan w/ formal dining room, secluded office, large owner suite w/ direct outside access to patio, M bath w/jetted tub & separate walk-in shower. Newly renovated living room, 1/2 bath & Chef's kitchen has coffered ceilings, quartz counter w/ big island, dbl oven & 5 burner gas cooktop. 3 spacious bedrooms upstairs w/ renovated 2 baths & huge bonus room above 3 car garage converted into truly remarkable home theater. Garage has 20+ built-in cabinets & 200 amp sub panel. Fenced private backyard w/ saltwater pool, 2 gazebos, fire pit & playground-feels like your own private park

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Living Area: 3,716 SqFt

Listing Office:

  • Office Name: Engel & Völkers Uptown Charlotte

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Microwave
  • Basement: No
  • Flooring Type: Carpet, Tile, Wood
  • Fireplace: Fire Pit, Gas Log, Great Room, See Through

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Boat Ramp, Other
  • Exterior: Fire Pit, In-Ground Irrigation, In Ground Pool, Storage

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Garage, Garage Door Opener, Garage Faces Side

Virtual/3D Tour

  • Virtual Tour: 157 Magnolia Farms Ln

Virtual Tour

Utilities

Utilities Information:

  • Heating: Heat Pump, Natural Gas, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Zoned

School Info

Assigned Schools Information:

  • Lake Norman High School, Public District Grades 9-12
  • Collaborative College For Technology, Public District Grades 9-12
  • Visual and Performing Arts Center, Public District Grades 9-12
  • Brawley Middle School, Public District Grades 6-8
  • Mount Mourne School, Public District Grades 6-8
  • Northview School, Public District Grades 6-8
  • Woodland Heights Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I 77 exit 35, L on Brawley School Rd., Right on Southfork ( turns into Agnew) R on Caldwell Creek then R on Magnolia Farms Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,349,000
  • Price Per SqFt: $363/SqFt

HOA Fees:

  • Amount: $800
  • Frequency: Semi-Annually

Tax Information:

  • Annual Amount: $3,337
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mooresville, NC.

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Mooresville, NC

City

Med. Sold Price

$488.5K

Med. Price/SqFt

$207

Avg. Days On Market

47

# of Sold Homes

101

157 Magnolia Farms Ln vs Mooresville

33 DAYS ON ROCKET

-14 Days

$1,349,000

+$860.4K More

$363/SqFt

+$156 More

KEY TAKEAWAY

This property is $860.4K more than the Median Sold Price and $156/SqFt more than other homes in Mooresville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4124089

Listing Office:

  • Office Name: Engel & Völkers Uptown Charlotte

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 8:21:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 30, 2021Home Sold
$765,000
Aug 23, 2005Home Sold
$580,000
May 26, 2004Home Sold
$518,500

Tax History

YEARPROP. TAXASSESSMENT
2020$3,337$522,930
2019$3,381$522,930
2018$3,382$557,290
2017$3,382$557,290

History based on county public records data.

Payment Calculator

$6,933

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,111

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4621437
6
/10

  • Woodland Heights Elementary School

  • 288 Forest Lake Blvd

  • 0.58 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4621438
6
/10

  • Brawley Middle School

  • 132 Swift Arrow Dr

  • 2.88 miles

  • Public District Grades 6-8

school-card-donut-4621439
9
/10

  • Mount Mourne School

  • 1431 Mecklenburg Hwy

  • 4.64 miles

  • Public District Grades 6-8

school-card-donut-4621440
8
/10

  • Northview School

  • 625 N Carolina Ave

  • 17.01 miles

  • Public District Grades 6-8

High School

school-card-donut-4621441
8
/10

  • Lake Norman High School

  • 186 Doolie Rd

  • 2.71 miles

  • Public District Grades 9-12

school-card-donut-4621442
9
/10

  • Collaborative College For Technology

  • 500 W Broad St

  • 15.39 miles

  • Public District Grades 9-12

school-card-donut-4621443
9
/10

  • Visual and Performing Arts Center

  • 474 N Center St

  • 16.12 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,893. The majority of Mooresville, NC residents have income between $35k-100k annually. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 157 Magnolia Farms Ln

What is the listing price of this property?

The listing price of 157 Magnolia Farms Ln property is $1,349,000.

What type of property is this?

The property 157 Magnolia Farms Ln is a house located in Mooresville, North Carolina, 28117.

Is this property for sale now?

Accepting Backup Offers: 157 Magnolia Farms Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 157 Magnolia Farms Ln are:
Woodland Heights Elementary School: GreatSchools Rating 6/10
Brawley Middle School: GreatSchools Rating 6/10
Mount Mourne School: GreatSchools Rating 9/10
Northview School: GreatSchools Rating 8/10
Lake Norman High School: GreatSchools Rating 8/10
Collaborative College For Technology: GreatSchools Rating 9/10
Visual and Performing Arts Center: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,337 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 30, 2021 for $765,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 157 Magnolia Farms Ln has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 157 Magnolia Farms Ln is 3,716 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 157 Magnolia Farms Ln is 2003.

Rocket Homes›North Carolina›Iredell County›Mooresville›28117›157 Magnolia Farms Ln

This home is located at 157 Magnolia Farms Ln in Mooresville, NC and zip code 28117. This 3,716 square foot home was built in 2003. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 30, 2024 and is currently priced at $1,349,000.

In April 2024, from all listings sold in Mooresville, NC there were more than 20 sold above asking price, over 56 sold below and more than 25 were sold right at the asked price. The inventory of homes for sale in Mooresville, NC between March 2024 and April 2024 increased by 8.7%. In April 2024, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $488,562.

From Rocket Homes Real Estate and based on county public records data.

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