157 Magnolia Farms Ln
Mooresville, NC 28117
4 bd 3 ba 3,580 sqft Built 2003 Lot 54,494 sqft single_family
Most recent sale
$765,000
Jun 30, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 30, 2024 | Listed | $1,349,000 | CanopyMLS |
| Jun 30, 2021 | Sold | $765,000 | CanopyMLS |
| Dec 4, 2018 | Listing removed | — | CanopyMLS |
| Dec 3, 2018 | Listing removed | $599,000 | CanopyMLS |
| Oct 15, 2018 | Listed | $599,000 | CanopyMLS |
| Dec 16, 2017 | Listing removed | $599,000 | CanopyMLS |
| Oct 5, 2017 | Price changed | $599,000 | CanopyMLS |
| Apr 14, 2017 | Listed | $639,000 | CanopyMLS |
| Aug 23, 2005 | Sold | $580,000 | Public Record |
| May 26, 2004 | Sold | $518,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $826,100 | $165,000 | $991,100 | $5,907 |
| 2024 | $826,100 | $165,000 | $991,100 | $5,434 |
| 2023 | $745,990 | $165,000 | $910,990 | $4,934 |
| 2021 | $437,430 | $85,500 | $522,930 | $3,337 |
| 2020 | $437,430 | $85,500 | $522,930 | $3,337 |
| 2019 | $437,430 | $85,500 | $522,930 | $3,285 |
| 2018 | $490,790 | $66,500 | $557,290 | $3,381 |
| 2017 | $490,790 | $66,500 | $557,290 | $3,381 |
| 2016 | $490,790 | $66,500 | $557,290 | $3,381 |
| 2015 | $490,790 | $66,500 | $557,290 | $3,381 |
| 2014 | $454,370 | $66,500 | $520,870 | $2,942 |
| 2013 | $454,370 | $66,500 | $520,870 | $2,942 |
| 2012 | — | — | $520,870 | $1,416 |
| 2011 | — | — | $520,870 | $1,916 |
| 2010 | — | — | $576,440 | $1,951 |
| 2008 | — | — | $576,440 | $951 |
Property facts
Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,580 sqft
Lot size
54,494 sqft
ZIP code
28117
City
Mooresville
Street
Magnolia Farms Ln
Coordinates
35.56159, -80.92519
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,833
Gross rental yield
7.58%
Implied cap rate
4.93%
Trend-extrapolated value
—
Frequently asked questions
When did 157 Magnolia Farms Ln last sell?
157 Magnolia Farms Ln most recently sold on Jun 30, 2021 for $765,000.
What is the current tax assessment for 157 Magnolia Farms Ln?
The most recent total assessment for 157 Magnolia Farms Ln (year 2025) is $991,100 with $5,907 in property tax.
How does 157 Magnolia Farms Ln's assessment compare to its last sale price?
The current assessment is 29.6% above the last sale price of $765,000.
When was 157 Magnolia Farms Ln built?
157 Magnolia Farms Ln was built in 2003.
How does 157 Magnolia Farms Ln compare to others on Magnolia Farms Ln?
We track 5 other properties on Magnolia Farms Ln. Browse the list under "Other properties on Magnolia Farms Ln" to compare beds, baths, and sale history.
What are the property facts for 157 Magnolia Farms Ln?
157 Magnolia Farms Ln is a 4 bed, 3 bath, 3,580 sqft, 54,494 sqft lot single_family.
Is 157 Magnolia Farms Ln a flip candidate?
No — 157 Magnolia Farms Ln does not appear in our flips dataset.
Is 157 Magnolia Farms Ln a tax-appeal candidate?
Yes — 157 Magnolia Farms Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.6%
Implied 1-yr
+10.6%
2026 Q3
$1.2M
2026 Q4
$1.23M
ZIP 28117 — Median Price History + Forecast
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