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$880,450Estimated home value

Beds
3
Baths
2.0
sq ft
1,310

470 Lakeview Shores Loop, Mooresville, NC 28117

470 Lakeview Shores Loop

Mooresville, NC 28117

  • Sold On 5/24/2021
Waterfront Cottage on Lake Norman with 154 feet of water frontage! This rustic 3 bedroom home would make a great second home for vacation getaways or be a fun fixer up project! You could even use this home as a VRBO because it is in Iredell county. Great room overlooks the water and has a wood burning fireplace. Open floor plan with a kitchen and breakfast area. The sloping lot makes for wonderful views of the water from the master bedroom and deck. There is a large 28 x 26 detached garage with power. This home sits in front of the popular Farms neighborhood and it is in the Lake Norman School district. Fantastic location with LOW Iredell county taxes! This lovely lot could also be used to build your dream home and design it with the perfect walk out basement. This lot is perfect because it has quick access to the main channel by boat, but your shoreline is protected in the quiet cove. PLEASE be careful when walking on the back deck and down to the pier. Home is being sold as-is.

Details

Property type

Single Family Residence

Est. home value

$880,450

Lot size

0.66 acres

Price per sq ft

$478

Year built

1967

Price History

03/26/2025
CanopyMLS

CanopyMLS #4187317

Removed
$939,000
03/10/2025
CanopyMLS

CanopyMLS #4187317

Price change
$939,000
-4.09%
12/10/2024
CanopyMLS

CanopyMLS #4187317

Listed
$979,000

Schools & Community

Elementary school: 

Woodland Heights

Middle school: 

Brawley

High school: 

Lake Norman

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$179,071
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$395,929
Cash to seller
$179,071

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2021

Original loan amount

$431,250

Est. remaining balance

$395,929

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Carl Steinmann and Daniel Brian Osborne

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 04/05/2025 at 3:00 AM

Listing updated: 02/08/2023 at 2:47 PM

Listed by: Summer Tabor, Lake Norman Realty, Inc Phone #: (704) 655-2600

MLS: CanopyMLS #3692425

CanopyMLS logo

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