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145 Alexander Acres Rd, Mooresville, NC, 28115

2beds
1baths
1,041sqft
$229,900
$221price/sqft
$1,583/moest. monthly cost
$63,320/yrincome needed

About This Home

Discover nearly two acres of possibility just minutes from downtown Mooresville! Tucked away in a private tree-lined setting, this nearly two-acre property offers the rare combination of seclusion and convenience, all within close proximity to shops, dining, and the charm of Downtown Mooresville. Towering mature trees frame the land, creating a peaceful, established atmosphere that simply can’t be replicated. Whether you’re envisioning a private retreat, a custom build, or a renovation project, the possibilities here are wide open. The existing 1,200 sq ft home is being sold as-is and presents an excellent opportunity for investors, flippers, or buyers with a vision. Cash purchases only. Bring your contractor and your creativity — the bones are there, and the setting is already exceptional.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

9/10
4/10
Selma Burke MiddleGrades 6-83.0 mi
8/10
Mooresville Senior HighGrades 9-122.3 mi

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Crawl Space
  • Construction materials: Wood

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None
  • Laundry features: Laundry Room

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,041

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,041
  • Total interior livable area: 1,041 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Office

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 4677462789.000
  • Zoning: R2
  • Special condition: Standard
  • Exclusions: None of the appliances convey.

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 1.93 Acres

Parking

  • Parking features: Attached Carport
  • Carport: 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

  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
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 $1,162$13,944
Home Insurance *$71$852
Property Taxes $150$1,800
Electricity $200$2,405
Total$1,583$18,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,274/yr
40% on housing$47,490/yr
45% on housing$42,213/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

$221This listing

vs Other Active Listings

Avg $/sqft

ZIP 28115$202
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)

No zestimate history available

Price History

DateEventPrice
2026-08-10Price change$199,900
2026-06-29Price change$229,900
2026-06-20Listed for sale$249,900
2002-05-31Sold$112,900
2000-04-26Sold$87,000
1998-07-21Sold$88,000

For Sale by Agent

AgentJamie Purvis
BrokerageRE/MAX Executive

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