Manufactured Home For Sale On Lake Norman! Beautiful Level Lot with main Channel Views

Main Channel Views
Main Channel Views

• 1,440 sq. ft., 2 bath, 3 bdrm manufactured home - MLS® $450,000 - Beautful Waterfront!

 -  Beautiful level waterfront lot on Lake Norman with 160 feet of water frontage. Located in a quiet neighborhood of much larger, custom built homes! Dock & pier in place. Home features 3 bedrroms and 2 baths as well as a kitchen, breakfast area, dining room and living room. Home can be used as a weekend or vacation home or your residence until you build your dream home. Priced to sell at over $100,000 below tax value! Near all area amenities and new highways making it only a short commute to Charlotte, Mooresville or Hickory! Great schools, low taxes and no HOA fees!

Property information

1 1/2 Story For Sale in Rural

Front View 1
Great Location

• 3,040 sq. ft., 3 bath, 4 bdrm 1 1/2 story "1.5 Story with Basement" - MLS® $220,000 - Beautiful Rustic Home

 -  Contemporary rustic home in a quiet country setting yet close to Charlotte, the airport and Lake Norman. Enjoy all of the area amenities while enjoying a beautiful view from your back porch. The home features an open floor plan for the main living area - great for entertaining or enjoying everyday family life! The kitchen features a very large breakfast bar which adjoins the dining area with access to the outdoor deck. The living room has a beautiful stone fireplace & vaulted beamed ceilings. The inviting master bedroom is located on teh main floor and has access to the outside deck as well. All of the secondary bedrooms are very spacious with roomy closets. there is a total of 4 bedrooms plus an office and 3 full baths in the home.
The basement features a craftsman's dream of a workshop! The home is equipped with a unique heating system consisting of a heat pump, wood stove and solar panels which greatly increses the energy efficiency of the property!
Located on a beautiful homesite of over one acre with fruit tress, nut trees and a creek at the rear of the property the property also features a 2 stall horse barn.
This is a great property that can be truly appreciated by a personal tour of the home. Call today for your appointment!

Property information

2 Story For Sale in Davidson Pointe

Front View of Home

• 3,040 sq. ft., 4 bath, 4 bdrm 2 story "Traditional" - MLS® $525,000 - Beautiful Waterfront Home

 -  Stunning 2 Story Saussy Burbank Custom Home lovcated in Davidson Pointe on Lake Davidson. The homesite is one of the best in Davidson Pointe offering beautiful lake views!
The Owners Suite on the main level affords total privacy for relaxation in this lovely oasis that includes a large owners bath with dual vanities , tile shower annd a garden tub. There are both formal Living and Dning rooms, a 2 story Great room with vaulted ceiling and a stone stacked fireplace. the kitchen features granite counters tile backsplash and an abundace of cabinet and counter space. All main living areas feature hardwood flooring. On the upper level there are three large bedrooms all of which have spacious closets. In addition to the three bedrooms there is a large bonus room that can be used as an office, media room, family gathering spot or even a fifth bedroom!
The exterior features are as impressive as the interior of this home. Enjoy relaxing on your screened porch that overlooks Lake Davidson and the boat slips. The community pool is a fun community gathering spot! An evening stroll along the lakeside walking paths will be the perfect way to end your day.

Property information

Price Reduced on 165 Kilborne Rd. in Wyndham Shores

Wyndham Shores, Mooresville  -  Announcing a price reduction on 165 Kilborne Rd., a 2,286 sq. ft., 3 bath, 4 bdrm 2 story "Traditional". Now MLS® $249,900 - Motivated Sellers !.

Property information

Denver NC Real Estate Market Report - 1st Quarter of 2010

Number of Homes Sold in Denver : 1st Quarter of 2010
40 Properties

Average Sale Price : $341,023

Average Days on Market: 146

Current Number of Denver Homes for Sale:
325

Denver, NC Real Estate
There were a total of 40 homes sold in Denver from January 1 March 30, 2010 as compared to 35 properties for the same time period in 2009.  The average sales price for the 1st quarter of 2010 was $341,023 as compared to an average sales price of $310,341 in 2009. Similar to the rest of the Lake Norman, North Carolina area, prices have stabilized and even shown a slight increase in sales prices. Buyers who can qualify for a mortgage are taking advantage of current low interest rates, stable home prices along with a good inventory of homes to choose from. The Homebuyer Tax Credit is an added incentive to purchase now!The average number of days on the market in the first 3 months of 2010  was 146 as compared to 192 days during this same period of 2009. There are currently 325 homes for sale in Denver, NC. The average square footage is about 3100 SF and the average list price is $466,027.  The list to sale price ratio is 92%...buyers are negotiating for some great deals on Denver homes. Buyers are taking advantage of the new custom home communities in the very popular Denver area on the west side of Lake Norman. Builders continue to price new homes very aggressively and to offer great incentives on inventory homes.  Qualified buyers can really make some great deals on a home! Buyers may also find sellers a bit more motivated to negotiate on resale homes because of the abundance of new construction homes available where builders are offering such great incentives! Low interest rates are giving buyers the power to purchase a higher priced home for while keeping in line with their projected budget for a monthly payment. Qualified buyers are in an excellent position to negotiate with sellers and get a lot of home for the dollar! Whether you are in the market for your brand new dream home or are looking to buy a quality resale home now is the time to take advantage of the buyers market we are experiencing in Denver, NC. And, ALL buyers, call for more information on the new extended tax credit to find out how you can benefit. It's expiring shortly so call now! Call for more info:

704-363-6946

2 Story For Sale in Linwood Farms

Front View
Awesome Floor Plan!

• 2,850 sq. ft., 3 bath, 4 bdrm 2 story "Traditional" - MLS® $265,000

 -  Awesome floor plan!Lot backs up to wooded area providing lots of privacy & natural beauty.Every room is spacious & nicely decorated!Open floor plan provides the perfect place to entertain or enjoy family life.Large kitchen with plenty of cabinets & counter space,spacious casual dining area plus formal living & dining, sunroom adjoins patio w/covered gazebo.Loft makes perfect office or den.
Community features a swimming pool and a playground. Linwood Farms is ideally located : a short driving distance to a major retail shopping area. Great Mooresville schools! An abundance a recreational facilities near by as well as being close to Lake Norman.

Property information

Q&A Series on Condos & Townhomes - Part 3

As we continue to look at questions home buyers may have about owning a condo or town home in the Mooresville / Lake Norman NC area our best advice as Buyers Agents  would be for a home buyer to take their lifestyle into account when trying to decide on purchasing a condo or town home vs a single family home. Home ownership is a lot like marriage...you may love your spouse but can't stand the extended family. In the case of home ownership[ you are not only married to your home but to the neighborhood and all of the residents...choose wisely Confused!

Are there any special protections for condo purchasers?

The answer is MAYBE ! If you are thinking of buying a NEW unit built on or after 10/1/1986, the developer must provide you with a public offering statement. This statement contains information about the size of the development, the projected completion date, legal documents which govern the property and the projected common expense assessment.

It will also inform you of your right to cancel the contract within 7 calendar days of execution of the contract.

No public offering statement is required if you purchase a condo built before 10/1/1986 or which is not new or a townhouse. In this case you have no automatic right to cancel your purchase contract.

However, when a buyer is purchasing any pre-owned condo built after 10/1/1986, the seller must provide you with a "resale certificate". This statement discloses the monthly assessment for common expenses and any other fees payable by the unit owner.

Condos & Townhomes in Mooresville North Carolina - Information You Need

As townhome & condo communities become more & more popular with home buyers in the Mooresville/ Lake Norman North Carolina region we frequently receive questions from buyers about the style of living & the difference between single family home communities & condo complexes. This series will attempt to provide answers to all of these questions in this upcoming series.

What is a Declaration of Restrictive Covenants or Declaration of Condominiums?

Unit ownership in both types of properties -condos & townhomes- is subject to restrictive covenants, also known as deed restrictions.  These are contained in a recorded legal document called a "Declaration of Condominiums" or "Declaration of Restrictive Covenants" & is recorded at the county Register of Deeds office.  The declaration describes the nature of the project & establishes rules to govern the use of the units & common areas. For example, the properties may be limited to residential use, require units to be a certain minimum size & architectural style, etc.

Will the closing attorney or real estate agent provide the buyer with a copy of the restrictive covenants & bylaws of the homeowners association?

Not Necessarily. Neither has the specific duty of providing you with these documents but will do so if you request them. If the real estate agent does provide you with a copy be aware that they may not be the most current, since they remain subject to amendment by the developer or homeowners' association. We would advise you to directly consult with the closing attorney or the homeowners association to ensure that you receive the latest covenants!

January 2010 Market Report for Home Sales in Mooresville, North Carolina

Mooresville NC Real Estate

There was a total of 46 closed sales in Mooresville from January 1 thru January 31, 2010 compared to 28 properties for the same time period in 2009.  The average sales price for January1 thru January 31, 2010 was $456,280. the average sale price figure for January was influenced & reflective of 3 homes priced priced over 1.5 million dollars! Without these homes included the average sale price was $350,323 which is definitely a more accurate picture of the market in Mooresville, North Carolina .The average number of days a house was on the market in January of 2010 was 177 as compared to the same period in 2009 when the average number of days on market was 192.  

  There are currently 845 homes for sale in Mooresville and home prices have stabilized over the past year. However, the ;ist price to sale price ratio is about 93% which indicates that buyers are getting great deals on larger homes with more amenities at great prices! There are still a large number of short sales and preforeclosure sales in the comps that would skew all of the numbers somewhat but the market snapshot is accurate in sales & prices. Looking for a great deal on a Mooresville Home? Call us today! 

 Call for info on the new extended tax credit applying to all buyers.. There has never had a better opportunity  than ever to own a home: large inventory, low interest PLUS the tax credit for all buyers make a winning combination for qualified buyers!  This is a great time to buy a new home! Call us for more info:

704-363-6946

Condo & Townhouse Q&A Series for Mooresville NC Real Estate

In years gone by, the typical homeowner purchased a single family home with a yard. Today, because of changes in lifestyles & the increase in prices in single family homes, many buyers may prefer not to own a traditional single family home. In response to the needs of these buyers, alternative forms of home ownership have evolved. Among the choices now available to home buyers are multifamily housing complexes containing townhouses & condominiums ( or condos).

This Q& A series will focus on frequently asked questions on the subject of purchasing & owning a townhome or a condo. A word of cation to my readers, though. Legal aspects of condo & townhome ownership are very complex and cannot be treated in detail in this series. So, if you are considering purchasing a condo or townhome in the Mooresville/Lake Norman area of North Carolina please be sure to get the advice of a Realtor and also to consult your attorney with any questions you may have! Now, let the discussion begin with the first topic "Purchasing a Condo or Townhome".

What is the difference between a condo and a townhouse?

Condo owners own the inside of their units while Townhouse owners own the complete unit, including the exterior surfaces and the land underneath the townhome.

Every condo or townhouse development also has "common areas" on the complex property. Common areas may be recreations areas, sidewalks, parking lots, etc.Condo owners share ownership of common areas with other owners, while common areas in townhouse developments are usually owned by the homeowners association for the benefit & use of each unit owner.

Are there any other legal differences between condos & townhouses?

The answer is YES! The creation, sale & management of condos are governed by both the Unit Ownership Act and the North Carolina Condominium Act (specific statutes). There are no specific statutes governing most townhouses. However, townhouse projects of more than 20 units and created after january 1, 1999 are covered by the Planned Community Act. So are certain developments which volunteer to be subject to all or a portion of the Act. Townhouses that fall outside the Planned Community Act are governed by the same general laws that govern single family homes. for this reason, developers are much more likely to plan and market townhouses. As a result their are far more townhouse than condominium projects in North Carolina including the Mooresville and Lake Norman areas.

Questions? Give me a call at 704-363-6946 or email me @ homes@thenaylorteam.com.  I'll be sure to get right back to you!

 

Mooresville North Carolina Subdivisions - Frequently Asked Questions Series By Denyse Naylor Mooresville NC Realtor

The final topic of discussion in the Mooresville North Carolina Subdivision series will talk about the Common Areas in Subdivisions and what a homeowner needs to know about Common Areas.

Who owns the roads in a residential subdivision or a planned community?

Unless the roads have been dedicated to use by the public and formally accepted by the appropriate government agency, neither the state nor any public agency owns legal title to the land over which a street runs. In cases where the developer has retained title to the streets, in cases of lot lines bordering the edge of the street, the developer is liable under state law for erosion control and also for possible civil damages if an injury resulted from lack of maintenance. This is true even after all lots have been sold.

Will I know who is responsible for the roads before I buy a home in a Mooresville North Carolina subdivision?

Not necessarily! Since 1975 developers have been required to give the first purchaser of property in the subdivision a Subdivision Street Disclosure Statement containing important information about road ownership and maintenance responsibility. The application of this law is very limited so it is important that you ask your Mooresville NC Realtor to inquire into the status of the roads in the subdivision and to find out who is responsible for their maintenance.

How would a homeowner know which of the common areas in a subdivision are reserved for use of all of the homeowners?

The common areas will be specified in th recorded plat map of the subdivision. Even if the developer retains title to the common areas or conveys them to some other entity these areas cannot be used for any other purpose outside of the original recordation intent ( walking trails, lakes, recreation areas, etc.). All homeowners in the subdivision have the right to use the common areas for their specified purpose.

This concludes the series on Mooresville North Carolina Subdivisions! The information in the series was provided by the North Carolina Real Estate Commission. Please call me with any questions at 704-363-6946 or email me at Homes@TheNaylorTeam.com . For all of the information you need on Mooresville NC Real Estate just click on the link!

Mooresville NC Real Estate Tips- Q&A on Lake Norman NC Subdivisions

Wrapping up the last two frequently asked questions on the topic of  Property Restrictions in North Carolina subdivisions we'll conclude this portion of the series before we move on to some other topics governed by homewoners associations in North Carolina communities.

As an owner, what can I do if the association is not performing as intended by the covenants or if another homeowner is violating the covenants?

You have the right to sue both the association or the offending homeowner in court to obtain an order complelling them to abide by the lawful covenants & bylaws. but, remember that these are private rights of action that you must pursue on your own. No agency other than the courts can determine or enforce an owner's rights.

Who pays my legal espenses if I am sued by my association?

You will be responsible for your own attorney fees & other legal expenses,

Have questions about HOA's or any other real estate matter? Just give me a call at 704-363-6946 or email me at homes@thenaylorteam.com.

For all the info you need just visit the Mooresville NC Real Estate info center!

 

Q&A Series- Mooresville & lake Norman NC Subdivisions

Continuing with our discussion on frequently asked questions about purchasing property in the Mooresville and Lake Norman area of North Carolina we'll answer a few more questions on the topic of property restrictions.

Do my constitutional rights to freedom of speech, freedom of religion and the enjoyment of my property prevail over the restrictive covenants or the powers of the Homeowners Association?

Not in all cases. If a buyer purchases a property in a subdivision subject to covenants and restrictions they agree to abide by those restrictions. Storage of personal property such as RV's or boats, displaying signs, flags or banners , keeping certain types of animals & other practices can be lawfully controlled by the restrictive covenants if they are properly created and enforced.

What if a homeowner doesn't want to follow the restrictive covenants affecting the property?

Home buyers take property subject to the restrictions and are bound to follow them even if they may not have known that the property was subject to restrictive covenants. Once restrictions have been properly imposed on a property they "run with the land" and are binding on the owner and all subsequent owners. No homeowner may use a property for any purpose that violates the covenants and restrictions of the subdivision.

For more info on purchasing a home in Mooresville NC or for any questions on Mooresville NC real estate just give me a call at 704-363-6946 or visit the Mooresville NC Real Estate resource!

Lake Norman & Mooresville Subdivision Series- Part 5

Understanding how the restrictive covenants of a neighborhood work is fundamental to enjoying your new home. After all, it's kind of like a marriage, you are married to one person ( your home) but have an extended family ( your subdivision) that's part of the package. And, while you may have a great marriage but can barely tolerate your in-laws on holiday get togethers, your extended family of the subdivision will be in your life every day! So, ask as many questions as you can think of before you make an offer - once your offer is accepted and agreed upon by all parties, there is no getting out of it on the subdivision issue! Call us with any questions at all at 704-363-6946 or visit the best source for Mooresville & Lake Norman Real Estate & subdivision info.The next few posts will be talking about Property Restrctions.

Can property restrictions dictate the style of my home or the colors I choose for the outside?

Definitely! As long as the restrictions were properly drawn up & filed and are being consistently enforced.

Can a developer control my choice of a real estate agent or a builder through the restrictive covenants?

A developer may lawfully refuse to sell directly to you & instead give you a choice of particular lots previously purchased by builders. As far as real estate agents are concerned, every buyer has the right to have a buyer's agent of their  choice and the developer may include the commission to be paid to a buyer's agent in the purchase price of the home.

Mooresville North Carolina Real Estate Report From Denyse Naylor Mooresville NC Realtor - October 2009

Take a look at these numbers...things may be looking up for the Mooresville NC real estate market Big Smile

Number of Homes Sold from October 1, 2009 to October 31, 2009 in Mooresville:

86 Properties

Average Sale Price: $349,309

Average Days on Market : 163

 

Current Number of Mooresville Homes For Sale:

931

 

Mooresville NC Real Estate

There was a total of 86 closed sales in Mooresville from October 1 thru October 31, 2009 compared to 51 properties for the same time period in 2008.  The average sales price for October 1 thru October 31, 2009 was $349,309 as compared to an average selling price of $294,015 for the same time period in 2008. The average number of days a house was on the market in Ocotber of 2009 was 163 as compared to the same period in 2008 when the average number of days on market was 117. Homes sold in Mooresville in October of this year ranged in price from $21, 000 to over 2 million dollars while last year's highest priced home sold in October was $786,000. In September of '09 we had a 17 month supply of homes in Mooresville but the increase in sales bundled with the number of homes that are sale pending (66) plus the inventory of active homes not increasing has shrunk the absoprtion rate to 11%. Things may be looking up for the Mooresville NC real estate market!

  There are currently 931 homes for sale in Mooresville and home prices have increased when compared year to year ! But one can clearly see that buyers are getting great deals on larger homes with more amenities at great prices! There are still a large number of short sales and preforeclosure sales in the comps that would skew all of the numbers somewhat but the market snapshot is accurate in sales & prices. Looking for a great deal on a Mooresville Home? Call us today or visit the Mooresville NC Real Estate information center.

 Time is running out for the first time buyer tax credit. There has never had a better opportunity  than ever to own a home: large inventory, low interest PLUS the $8000 tax credit for first time buyers make a winning combination for qualified buyers!  This is a great time to buy a new home! Call us for more info:

704-363-6946

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