NOT LISTED FOR SALE

1115 S Lafayette St Shelby, NC 28152

Estimated Value: $271,000 - $330,000

4 Beds
2.5 Baths
1,855 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $317,500 $171 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,835/month

238 Days on Market

Highlights

  • New Construction
  • No HOA
  • 2 Car Attached Garage
  • Deck
  • Rear Porch
  • Level Lot

About This Home

As of July 2023

Looking for a new construction home in Shelby? This one is for you! This property will have vinyl siding on the exterior, luxury vinyl plank flooring throughout the main level, granite countertops in kitchen and bathrooms, and carpet in the bedrooms. All kitchen appliances are included. All bedrooms will be upstairs. This property is very conveniently located to local parks, Hwy 74, and Downtown Shelby. Property is eligible for USDA financing! No money down! Seller offering 3% to buyers agents and $10,000 towards buyers closing costs! This home is complete and ready to move-in. Schedule your showing today!

Last Agent to Sell the Property

Tyler DiPretoro

Fathom Realty NC LLC License #93739 Listed on: 09/27/2022

Fathom Realty NC LLC

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,703

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.37 Acre Lot
  • Level Lot
  • Property is zoned NB

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Laundry on upper level

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Rear Porch

Schools

  • James Love Elementary School
  • Shelby Middle School
  • Shelby High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Built by Cornerstone III Properties
  • Bedford A

Listing and Financial Details

  • Assessor Parcel Number 23142

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,703

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2022-09-13
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 171.16
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 681
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1174
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1855
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1855
  • Room Count: 7
  • Sq Ft Other: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 1000
  • Construction Type: Vinyl
  • Patio And Porch Features: Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 429
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Upper Level
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Shelby
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.372
  • Lot Size Units: Acres
  • Parcel Number: 23142
  • Development Status: Completed
  • Lot Size Acres: 0.372
  • Lot Size: 0
  • Lot Size Sq Ft: 16204
  • ResoLotSizeUnits: Acres
  • Zoning Specification: NB

Building Info

  • Builder Name: Cornerstone III Properties

MLS Schools

  • Elementary School: James Love
  • High School: Shelby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Aug 29, 2023
Sold by
Zhang Xiang
Bought by
1115 S Lafayette Street Trust and West Sky Ocean Llc
Seller's Agent
Tyler DiPretoro
Fathom Realty NC LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$299,900
Sold Price
$317,500
Premium/Discount to List
$17,600
5.87%
Views
60
Current Estimated Value
$307,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,448
Avg. Annual Appreciation
-1.48%
Original Mortgage
$213,750
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2022
Closed on
Jul 27, 2023
Sold by
Buller River Development Partners
Bought by
Zhang Xiang
Seller's Agent
Tyler DiPretoro
Fathom Realty NC LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$299,900
Sold Price
$317,500
Premium/Discount to List
$17,600
5.87%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2021
Sold by
Bridges Lynn Smith and Bridges Ricky Dale
Bought by
Buller River Development Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,800
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1115 S Lafayette Street Trust -- None Listed On Document
Zhang Xiang $317,500 None Listed On Document
Buller River Development Partners $50,000 None Available
Buller River Dev Partners Lp $50,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Xiang $213,750
Previous Owner Buller River Dev Partners Lp $51,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $317,500 0.0% $171 / Sq Ft
03/28/2023 03/28/23 Off Market $317,500 -- --
03/24/2023 03/24/23 Price Changed $319,900 +6.7% $172 / Sq Ft
03/10/2023 03/10/23 For Sale $299,900 -5.5% $162 / Sq Ft
02/22/2023 02/22/23 Off Market $317,500 -- --
01/04/2023 01/04/23 Price Changed $294,900 -1.7% $159 / Sq Ft
12/22/2022 12/22/22 Price Changed $299,900 -3.2% $162 / Sq Ft
11/09/2022 11/09/22 Price Changed $309,900 -1.6% $167 / Sq Ft
10/26/2022 10/26/22 Price Changed $314,900 -1.6% $170 / Sq Ft
10/13/2022 10/13/22 Price Changed $319,900 -8.6% $172 / Sq Ft
10/05/2022 10/05/22 Price Changed $350,000 -1.9% $189 / Sq Ft
09/27/2022 09/27/22 For Sale $356,895 -- $192 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,703 $271,670 $19,440 $252,230
2024 $2,452 $201,384 $19,440 $181,944
2023 $239 $201,744 $19,800 $181,944
2022 $237 $19,800 $19,800 $0
2021 $239 $19,800 $19,800 $0
2020 $230 $18,513 $18,513 $0
2019 $230 $18,513 $18,513 $0
2018 $230 $18,513 $18,513 $0
2017 $224 $18,513 $18,513 $0
2016 $225 $18,513 $18,513 $0
2015 $214 $18,513 $18,513 $0
2014 $214 $18,513 $18,513 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3908637

Canopy MLS (Canopy Realtor® Association)

APN: 23142