SOLD – Lake Norman Waterfront Foreclosure in Mooresville

Lake Norman Waterfront Foreclosure in Mooresville

Big water with lots of charm, new stainless steel appliances, granite counter-tops, new flooring, fresh paint, new HVAC system, new roof. Priced thousands below tax value for quick sale.

Located in the Woodland Heights Elementary school district.

Freddie Mac first look property, owner occupant offers only for first 15 days of listing. Investor offers will be considered after 11/07/2013.

Lake Norman Foreclosure Real Estate Market Update March 2013

Lake Norman Foreclosure Update

Lake Norman Foreclosure Homes
At the end of March 2013 there were 42 Lake Norman foreclosures, preforeclosures & short-sale properties listed in the Lake Norman MLS area, a 45.5% decrease from the 77 foreclosure, preforeclosure & short sale properties for sale in March 2012. Prices range from $95,000 to $1,999,000 for a short-sale waterfront home in Cornelius.

19 Lake Norman foreclosures/short sale homes closed in March 2013. This was a decrease of 9.5% from the 21 Lake Norman foreclosures and preforeclosures sold in March 2012. The average home sold was a 3 bedroom/3 bath with 2,882 square feet and an average sale price of $313,521. The average sales price decreased 33.5% from the March 2012 average sale price of $471,226. The average days on the market were 86, a 78 day decrease from March 2012.

24 Lake Norman foreclosure and short sale properties are currently under contract, 57% of the available Lake Norman foreclosures. Continue reading Lake Norman Foreclosure Real Estate Market Update March 2013