Situated in the highly sought-after Lake Norman area, this wooded lot is water view with limited lake access right across the street! Privately and conveniently tucked away in an established lakefront community off of Cornelius Rd in Mooresville, this property offers a serene lakeside ambiance just minutes away from the interstate and shopping. Lake access is granted by recorded easement to select interior lot owners and is a rare feature. It's also in the Lakeshore Elementary/Middle and Lake Norman High School district. With no HOA fees and only Iredell County taxes, this property with lake access is easy on the overhead as well. Your future home will require septic and well installation, and at present, no permits are in place. Unimproved lake access lot is provided by recorded easement. This allows select property owners access rights across property for "swimming, boating, and fishing". Buyer to verify legal interest in the lake access property.
Property Details
Property Features
Listing Office:
Office Name: Oasis Property Works
Exterior Features
Exterior Information:
Waterfront: Other
View: Water
Other
Directions Information:
Directions: Google Map: 151 Morgan Bluff Rd, Mooresville, NC 28117
Price Information
Listing Price Info
Price Summary:
List Price: $250,000
Tax Information:
Annual Amount: $314
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Mooresville, NC.
This property is $243.4K less than the Median Sold Price in Mooresville, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4100460
Listing Office:
Office Name: Oasis Property Works
Listings courtesy of Canopy MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,315
Per Month
Principal & Interest
$1,248
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$816
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Lakeshore Elementary School
252 Lakeshore School Dr
Distance between this listing and this school1.05 miles
Public District Grades KG-5
6
/10
Lake Norman Elementary School
255 Oak Tree Rd
Distance between this listing and this school2.99 miles
Public District Grades KG-5
3
/10
Shepherd Elementary School
1748 Charlotte Hwy
Distance between this listing and this school3.13 miles
Public District Grades KG-5
Nearby Schools
5
/10
Lakeshore Middle School
244 Lakeshore School Dr
Distance between this listing and this school1.04 miles
Public District Grades 6-8
7
/10
The Brawley School
132 Swift Arrow Dr
Distance between this listing and this school2.73 miles
Public District Grades 6-8
6
/10
Iredell Charter Academy
251 Home Improvement St
Distance between this listing and this school3.53 miles
Public Charter Grades KG-8
Nearby Schools
7
/10
Lake Norman High School
186 Doolie Rd
Distance between this listing and this school2.03 miles
Public District Grades 9-12
6
/10
Mooresville High School
659 E Center Ave
Distance between this listing and this school5.50 miles
Public District Grades 9-12
7
/10
Langtree Charter Academy
154 Foundation Ct
Distance between this listing and this school5.69 miles
The neighbors living near this home have an average income of $88,406. Residents of Mooresville, NC typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Mooresville, NC
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Mooresville, NC?
Mooresville's housing market showcases a diverse array of options, with single-family homes being a significant presence. The architectural styles vary, offering modern, traditional, and craftsman designs that cater to a range of aesthetic preferences. The area has seen a steady development of housing, with many properties dating back to the late 20th century. The homeownership rate in Mooresville is robust, reflecting a community invested in long-term residency and stability.
Is Mooresville, NC a good place to live?
Mooresville is celebrated for its vibrant community spirit and picturesque surroundings. The town prides itself on its local events, including community gatherings and seasonal festivals that highlight the area's rich cultural tapestry. The serene environment is complemented by the presence of well-maintained parks and recreational areas, fostering a sense of tranquility and community engagement.
Are things conveniently located in Mooresville, NC?
The community is served by a comprehensive educational system, including a number of public and private schools that cater to various educational needs. Healthcare facilities in Mooresville provide a range of services, ensuring residents have access to quality medical care. The town also features a public library system and a variety of retail and dining options that reflect the local culture. City initiatives are in place to continually enhance these services, adapting to the evolving needs of the population.
What does the transportation in Mooresville, NC look like?
Mooresville's transport infrastructure supports both private and public transit options, with a focus on accessibility and convenience. The area is known for its walkable districts, particularly in the downtown area, and has bike-friendly routes for cycling enthusiasts. The road network includes major highways that facilitate easy commuting to nearby cities and regions. Public transportation is available, with schedules designed to accommodate the needs of residents and commuters.
Frequently Asked Questions About 151 Morgan Bluff Rd
What is the listing price of this property?
The listing price of 151 Morgan Bluff Rd property is $250,000.
What type of property is this?
The property 151 Morgan Bluff Rd is land located in Mooresville, North Carolina, 28117.
Is this property for sale now?
Active Listing: 151 Morgan Bluff Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $314 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 151 Morgan Bluff Rd in Mooresville, NC and zip code 28117. It has been listed on Rocket Homes since January 14, 2024 and is currently priced at $250,000.
In October 2024, from all listings sold in Mooresville, NC there were more than 18 sold above asking price, over 60 sold below and more than 24 were sold right at the asked price. The number of listings in Mooresville, NC increased by 7.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $493,434, while the average time on the real estate market was 37 days.
From Rocket Homes Real Estate and based on county public records data.