NOT LISTED FOR SALE

1206 Maple Springs Church Rd Shelby, NC 28152

Estimated Value: $167,000 - $299,000

13 Beds
6 Baths
6,397 Sq Ft
$37/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $355,000 $55 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $1,261/month

119 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Wood Siding
  • Boiling Springs Elementary School Rated A-
  • Dining Area

About This Home

As of October 2023

Income Producing single family Investment Properties located in the Shelby & Lawndale area. This Offering is for a Portfolio of 6 Single Family Homes on 6 separate tax parcels. All homes are 2 bed 1 bath with exception of 618 Gardner St., it has 3 bedrooms. All homes are currently leased. Address of the 6 homes: 1206 Maple Springs Church Rd. Shelby; 110 Martin St. Lawndale; 718 Park Ave. Shelby; 618 Gardner St. Shelby; 410 Carolina Ave. Shelby; 140 Shelby Rd. Lawndale. DO NOT DISTURB TENANTS OR WALK ON PROPERTY. P&L & detailed info on each property available upon request. Leases will be provided once under contract for privacy purposes. These properties are cross listed on MLS under residential listings.

Last Agent to Sell the Property

Jennifer Mech

Keller Williams Lake Norman License #282447 Listed on: 05/31/2023

Keller Williams Lake Norman

Last Buyer's Agent

Terell Culpepper

Lifestyle International Realty License #306942

Lifestyle International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $395

Year Built

  • Built in 1942

Lot Details

  • 0.78

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 6,397 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 6 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 2684

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$395

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1942
  • Road Surface Type: Dirt
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room,Dining Area,Laundry
  • Appliances: None
  • Owner Pays: None
  • Basement YN: No
  • Full Bathrooms: 6
  • Total Bedrooms: 13
  • Fireplace Features: Living Room
  • Living Area: 6397

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Aluminum, Vinyl, Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway, On Street

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Unit
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 2684
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R15

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Almond Blue Trust and Boyd Michael
Bought by
Springs Maple Llc
Current Estimated Value
$234,611

Purchase Details

Listed on
May 31, 2023
Closed on
Oct 13, 2023
Sold by
Cornerstone Cove Group Llc
Bought by
Almond Blue Trust
Seller's Agent
Jennifer Mech
Keller Williams Lake Norman
Buyer's Agent
Terell Culpepper
Lifestyle International Realty
List Price
$530,000
Sold Price
$355,000
Premium/Discount to List
-$175,000
-33.02%
Views
235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.46%

Purchase Details

Closed on
Jan 25, 2019
Sold by
Hometrust Bank
Bought by
The Cornerstone Cove Group Llc

Purchase Details

Closed on
Aug 7, 2009
Sold by
Dover Jerry and Dover Judy
Bought by
Dover Josh M and Dover Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.75%
Mortgage Type
New Conventional
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
Springs Maple Llc $170,000 None Listed On Document
Springs Maple Llc $170,000 None Listed On Document
Almond Blue Trust $355,000 None Listed On Document
The Cornerstone Cove Group Llc $27,000 None Available
Dover Josh M $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dover Josh M $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2023 10/19/23 Sold $355,000 -27.6% $55 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
08/12/2023 08/12/23 Price Changed $490,000 -5.4% $77 / Sq Ft
07/25/2023 07/25/23 Price Changed $518,000 -2.3% $81 / Sq Ft
05/31/2023 05/31/23 For Sale $530,000 -- $83 / 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 $395 $62,168 $20,447 $41,721
2024 $417 $42,383 $15,454 $26,929
2023 $360 $42,383 $15,454 $26,929
2022 $415 $42,383 $15,454 $26,929
2021 $415 $42,383 $15,454 $26,929
2020 $401 $39,525 $15,454 $24,071
2019 $401 $39,525 $15,454 $24,071
2018 $397 $39,525 $15,454 $24,071
2017 $395 $39,525 $15,454 $24,071
2016 $374 $39,525 $15,454 $24,071
2015 $432 $46,892 $15,454 $31,438
2014 $432 $46,892 $15,454 $31,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4036062

Canopy MLS (Canopy Realtor® Association)

APN: 2684