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524 Jakes Ridge Ln, Mooresville, NC, 28115

2beds
2baths
1,167sqft
$267,000
$229price/sqft
$1,908/moest. monthly cost
$76,320/yrincome needed

About This Home

Move-in ready, no HOA, and just a few blocks from Downtown Mooresville! This charming one-level home offers 2 bedrooms, 2 bathrooms, and 1,167 square feet with fresh interior paint, a spacious primary bedroom, a newer 2023 roof, and an updated bathroom. A covered front porch and storage shed add to the home's functionality. The location is hard to beat with easy access, literally seconds to Downtown Mooresville's restaurants, breweries, coffee shops, boutiques, Liberty Park, and year-round community events, while Lake Norman is just minutes away. Whether you're looking for your first home, downsizing, or simply wanting a low-maintenance property in a prime location, this home offers a rare combination of convenience, flexibility, and no HOA for under $270k!

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

--
South ElementaryGrades PK-21.5 mi
9/10
Mooresville MiddleGrades 6-82.3 mi
8/10
Mooresville Senior HighGrades 9-120.4 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Slab
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main
  • Area: 151.98
  • Dimensions: 12' 9" X 11' 11"

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • Flooring: Carpet,Laminate,Tile
  • Finished area below ground: 0
  • Finished area above ground: 1,167

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 1,167
  • Total interior livable area: 1,167 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main
  • Area: 102.985
  • Dimensions: 10' 9" X 9' 7"

Living Room

  • Level: Main
  • Area: 187.7525
  • Dimensions: 14' 2" X 13' 3"

Primary Bedroom

  • Level: Main
  • Area: 168.3111
  • Dimensions: 13' 10" X 12' 2"

Property

Details

  • Parcel number: 4667324325.000
  • Zoning: TN
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Front Porch
  • Fencing: Fenced,Partial

Lot

  • Lot size: 0.08 Acres
  • Lot size dimensions: 49 x 75 x 65 x 74

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Ice Storm
Strong Wind
Tornado

FEMA Declared Disasters in Iredell County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,350$16,200
Home Insurance *$82$984
Property Taxes $276$3,312
Electricity $200$2,405
Total$1,908$22,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,417/yr
40% on housing$57,240/yr
45% on housing$50,880/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.7%
15.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$229This listing

vs Other Active Listings

Avg $/sqft

ZIP 28115$201
Iredell County$213

vs Homes Sold Last Month

Median $/sqft

ZIP 28115$192
Iredell County$191

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$267,000
2022-04-01Sold$237,000
2022-02-25Pending sale$249,900
2022-02-16Listed for sale$249,900
2021-11-15Sold$235,100
2001-02-16Sold$82,460

For Sale by Agent

AgentJason Altenhof
BrokerageCostello Real Estate and Investments LLC

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