Sold
Last Sold Price
20 beds10 baths10,128 sqft
535 Shearer Rd, Mooresville, NC 28115
Multi FamilyProperty Type
0.9 acresLot Size
1995Year Built
$60/sq ftPrice per sq ft
2 carsParking Spaces

Description

This is a great investment property, All units are leased @ 575.00 per month (well below market rents). Property is very low maintenence.This is a great investment property, All units are leased @ 575.00 per month (well below market rents). Property is very low maintenence.
  • Listed by: • Premier Properties & Investments
Listing closed: 07/26/2005 12:00 AM • Source: CANOPY, MLS#: 520201

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Recent comparable sales

Median sold price

$95,000

Avg days on market

108

Sale-to-list ratio

94.5%

Mooresville, NC

9 comparable properties found

an aerial view of lake and residential houses with outdoor space
1/12
1

$700,000

Sold 11/21/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
11.52
Acres
an aerial view of a residential houses with outdoor space and trees all around
1/14
2

$650,000

Sold 09/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
13.99
Acres
$89,635 | 523 Brawley Avenue, Mooresville, NC 28115
1/2
3

$89,635

Sold 04/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.3
Acres
$87,500 | 119 Colony Hill Lane, Mooresville, NC 28115
1/10
4

$87,500

Sold 09/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.59
Acres
a view of a city
1/9
5

$92,500

Sold 03/27/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.74
Acres
a view of a wall
1/2
6

$95,000

Sold 01/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres
a backyard of a house with large trees
1/5
7

$170,000

Sold 12/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.29
Acres
a view of a city
1/5
8

$127,500

Sold 08/28/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.09
Acres
a view of outdoor space and yard
1/4
9

$69,000

Sold 07/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.28
Acres

Location

Listing Courtesy of Premier Properties & Investments

Sold By #1 Properties of Lake Norman

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$3,257 per month

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Principal and Interest

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Property Information for 535 Shearer Road

Property Details
  • MLS Type: Residential Income / Apartment
  • Parking Features: Parking Space(s)
  • Subdivision Name: None
Building Information
  • Year Built: 1995
  • Lot Size: 0.90 AC / 39,204 SF
Summary
Location and General Information
  • Longitude: -80.816114
  • Country: US
  • Latitude: 35.568942
  • Directions: Please call listing agent. Shown by appointment only.
Taxes and HOA Information
  • Tax Assessed Value: $.00
  • Parcel Number: 0301j13000ao13
  • City Taxes Paid To: Mooresville
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Spaces: 2.0
  • Parking: Open Parking YN: Yes
  • Parking: Other: (Parking Spaces: 2)
Property
Lot Information
  • Below Grade Finished Area: 0.0
  • Lot Size Acres: 0.9
  • Lot Size Dimensions: 0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • New Construction YN: No
  • Photos Count: 2
  • Assumable: No
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Patio And Porch Features: Patio
  • Road Surface Type: Concrete
Interior Features
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Laundry Features: Electric Dryer Hookup, Utility Room, Main Level
  • Fireplace YN: No
  • Flooring: Carpet, Vinyl
  • Foundation Details: Slab
Room Information
Room Information
  • Room Count: 0.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Rental
Rent Information
  • Tenant Pays: All except water

Property History for 535 Shearer Road

DateEvent & SourcePriceAppreciation
Jul 26, 2005

Closed

CANOPY #520201

$610,000—
May 31, 2005

Under Contract-No Show

CANOPY #520201

—
May 15, 2005

Listed (Active)

CANOPY #520201

$630,000—
DateEvent & SourcePrice
07/26/2005

Closed

CANOPY #520201

$610,000
05/31/2005

Under Contract-No Show

CANOPY #520201

—
05/15/2005

Listed (Active)

CANOPY #520201

$630,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 535 Shearer Road

This home is within Mooresville Graded School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
South Elementary
PublicPK to 2

Mooresville Intermediate
Public3 to 5

Mooresville Middle
Public6 to 8

Mooresville Senior High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 535 Shearer Road, Mooresville, NC 28115
$610,000
20
10
10,128
39,204
$450,000
–
–
5,760
39,204
–
2
2
1,248
25,700
$93,000
2
1
1,190
42,689
$152,000
3
1
1,120
21,780
$320,000
3
2,247
15,246

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premier Properties & Investments

Based on information submitted to the MLS GRID as of 04/01/2021 08:51 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.