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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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188 Bailey Rd , Mooresville, NC 28117
$285,000
Est. Payment: $1,601.71/mo
2 Bed
1 Bath
832 Sqft
1 Acres
Status: active | Days on site: 1
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3378 - 36181,R41657
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Terri Bias, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Terri Bias
Operator/Brokerage Owner
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House Description

Welcome to this fully renovated, turnkey modern farmhouse cottage at 188 Bailey Rd, Mooresville, NC 28117. Perfectly designed for an efficient yet luxurious lifestyle, this 2-bedroom, 1-bathroom home spans 832 square feet of brilliant, open-concept living space. Sitting on a massive, flat 1-acre lot, this property offers rare flexibility: it is an active Airbnb that can be purchased fully furnished as an immediate income-generating asset, or used as your own private residential retreat with plenty of room to expand or add a pool.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/ 3 year 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
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Highlights

Listed by Freddy Karmatz , 727-804-6058 and Tristan Karmatz , 727-804-6058 FK and Associates Real Estate Firm , 727-804-6058. Canopy MLS mls logo

Property Type

Residential
Lot/Acreage
1

Year Built

1962

County

Iredell

Listing ID

4424225

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
Air Cond:Central Air
Fireplaces:
Above Ground Sq Ft:832
Water:Well

Exterior Features

Zoning:RA
Others:
  • ▪ Additional:Storage
Sewer:Septic Installed
Parking Features:Driveway
Principal Interest
$1,602
Taxes
$182

Home Price

$285,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$57,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,601.71

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,601.71 $181.69 $0.00 $1,783.40
Yearly $19,220.52 $2,180.25 $0.00 $21,400.77
Total $576,615.49 $65,407.50 $0.00 $642,022.99

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Mooresville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. 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 data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-14T19:53:06.000Z

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