Mooresville · Mooresville, NC
109 Ray Dawn Lane
Mooresville, NC · 914 sqft
$275,000
Reduced from $299,000
- 3Beds
- 2Baths
- 914SqFt
- 1986Year
- 27Days on market
About this home
Exceptional opportunity on sought-after Perth Road- this property offers outstanding road frontage and sits on a generous lot in a highly desirable location. Whether you're looking to build your dream home with plenty of space to spread out or searching for an investment opportunity, this property offers incredible flexibility.
The existing home provides immediate rental income potential while you plan for the future. With its high-visibility location and strong frontage along Perth Road, buyers may also wish to explore future rezoning possibilities for commercial use, subject to county approval.
Conveniently located near Lake Norman, shopping, dining, and top-rated schools, this is a rare opportunity to own a property with exceptional location, long-term potential, and multiple possibilities.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 914
- Lot
- —
- Year built
- 1986
- Type
- Single Family
- Days on market
- 27
- Heating
- Central
- Cooling
- Central Air
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,989/ month
- Principal & interest
- $1,703
- Property tax (~0.90%)
- $206
- Homeowners insurance
- $80
- HOA dues
- —
Down payment
$13,750 down · $261,250 financed
Income to qualify (28% rule)
~$85,269 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.