188 Bailey Rd, Mooresville, NC, 28117
About This Home
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/ 3year 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
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1962
Materials
- Foundation: Crawl Space
- Construction materials: Vinyl,Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Farmhouse,Modern
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Oven,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer/Dryer
- Laundry features: Laundry Closet
Bathroom Full
- Level: Main
Bedroom S
- Level: Main
Bedroom S
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Dining Area
- Level: Main
Features
- Finished area below ground: 0
- Finished area above ground: 832
Great Room
- Level: Main
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air
Interior Area
- Total structure area: 832
- Total interior livable area: 832 sqft
Kitchen
- Level: Main
Laundry
- Level: Main
Property
Details
- Parcel number: 4658469770.000
- Zoning: RA
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
Lot
- Lot size: 1 Acres
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
- Tornado
- Cold Wave
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Iredell County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,289 | $15,468 |
| Home Insurance * | $74 | $888 |
| Property Taxes | $147 | $1,764 |
| Electricity | $200 | $2,405 |
| Total | $1,710 | $20,520 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Listed for sale | $255,000 |
| 2026-07-13 | Listing removed | $255,000 |
| 2026-06-09 | Pending sale | $255,000 |
| 2026-06-02 | Listed for sale | $255,000 |
| 2025-05-15 | Listing removed | $282,000 |
| 2025-05-13 | Price change | $282,000 |
| 2025-05-07 | Price change | $269,000 |
| 2025-04-28 | Price change | $275,000 |
| 2025-04-18 | Listed for sale | $282,000 |
| 2025-04-14 | Listing removed | $279,000 |
| 2025-04-07 | Price change | $279,000 |
| 2025-03-13 | Listed for sale | $289,000 |
| 2024-12-20 | Sold | $146,400 |
| 2024-11-21 | Listed for sale | $160,000 |
For Sale by Agent
View on Zillow