$17,500

Land
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S Pea Ridge Rd
Mooresboro, NC 28114

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Overview

This Land Foreclosure is located at S Pea Ridge Rd, Mooresboro, NC 28114. This property is currently bank owned.
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Status: Active
Listing ID: 65496561
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Nearby Foreclosures

Homes near S Pea Ridge Rd in Mooresboro, North Carolina


Learn about S Pea Ridge Rd in Mooresboro, NC

This land property is available as a foreclosure at S Pea Ridge Rd. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Mooresboro, specifically for S Pea Ridge Rd and comparable listings. Based on this expert analysis, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on S Pea Ridge Rd are updated daily along with others in Mooresboro, North Carolina, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for S Pea Ridge Rd below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

S Pea Ridge Rd in Mooresboro North Carolina Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on S Pea Ridge Rd
View Foreclosure Status
06/06/26
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $17,500. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

What is the city of Mooresboro, NC like?

Mooresboro is a small community in western Cleveland County, positioned between Shelby, Boiling Springs, and the Forest City area. It offers a rural Piedmont setting with convenient access to U.S. 74, making it practical for residents who want more space while staying connected to larger employment and service centers.

The area is characterized by farmland, wooded acreage, modest subdivisions, and homes on larger lots. Investors often look at Mooresboro for lower-density residential opportunities, long-term rental potential tied to nearby towns, and properties that appeal to buyers seeking a quieter lifestyle within commuting distance of Shelby, Gaffney, and Rutherford County.

Daily needs are generally served by nearby Boiling Springs, Shelby, Forest City, and Gaffney, where residents can find grocery stores, medical services, restaurants, shopping, and schools. Outdoor recreation is a notable advantage, with the Broad River, regional parks, and foothills destinations all within a manageable drive.

Nearby Schools

There are 8 schools in the area. Nearby schools include Springmore Elementary School and Crest Middle School.

Springmore Elementary School
Crest Middle School
Crest High School
Thomas Jefferson Classical Academy
Boiling Springs Elementary School
Gardner-Webb University
Cleveland Community College
Rutherford County Schools options in nearby communities, depending on address

Nearby Attractions

There are plenty of activities near this property like Atrium Health Cleveland in Shelby, Gardner-Webb University in Boiling Springs, and more.

Atrium Health Cleveland in Shelby
Gardner-Webb University in Boiling Springs
Downtown Shelby shops, restaurants, banks, and professional services
Pharmacies, urgent care clinics, and everyday retail in Shelby and Boiling Springs
Cleveland County government services in Shelby
Restaurants and highway-oriented services along U.S. 74

What kind of public transportation is there?


Public transportation options include: Cleveland County Transit demand-response transportation services, Rutherford County Transit options in nearby Rutherford County communities, Limited fixed-route public transportation; most local travel is car-dependent, Regional bus and rail connections available by driving to larger cities such as Charlotte, Spartanburg, or Gastonia. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Broad River Greenway, Shelby City Park and more.

Broad River Greenway
Shelby City Park
Rankin Lake Park in Gastonia
South Mountains State Park
Kings Mountain National Military Park
Cowpens National Battlefield
Rutherford County parks and greenway areas

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile
UScellular

Internet Providers

Spectrum
AT&T Internet
Kinetic by Windstream
T-Mobile 5G Home Internet
Starlink
Viasat
HughesNet
Rental Chart
View Rental and Market Value
for S Pea Ridge Rd in Mooresboro North Carolina
View Market Value

Property Information

Public Records

Foreclosure

The property located at S Pea Ridge Rd in Mooresboro, NC is listed as a Foreclosure

Properties like S Pea Ridge Rd in Mooresboro, North Carolina listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Mooresboro, NC. The longer lenders own properties like this on S Pea Ridge Rd, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

Read more...

Credit Information Center

County Information

Document Center

Listing History

Foreclosure
06/07/26 - Present

The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.

Status: Active

Foreclosure
06/06/26 - Present

Status: Active

Foreclosure
02/16/23 - 04/22/23

Status: Inactive

Foreclosure
11/17/22 - 01/17/23

Status: Inactive

Preforeclosure
08/24/22 - 10/26/22

The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.

Status: Inactive

Preforeclosure
08/24/22 - 10/26/22

Status: Inactive

Preforeclosure
12/03/18 - 04/03/19

Status: Inactive

Bankruptcy
11/21/12 - 08/18/13

The property has entered bankruptcy protection. A court-appointed process may delay foreclosure or sale while debts are restructured.

Status: Inactive

Similar Homes Nearby Mooresboro, NC


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S Pea Ridge Rd
Mooresboro, NC 28114

Land

$17,500

Status: Active Listing ID: 65496561

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=S-Pea-Ridge-Rd-Mooresboro-NC-28114/65496561_lid

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