NOT LISTED FOR SALE

1805 Fallston Rd Shelby, NC 28150

Estimated Value: $46,050

1.17 Acres
$39,359 Price per Acre
50,965 Sq Ft Lot

Last Sold May 16, 2018

Last sale price $24,500

Est. 88% increase in value since last sale

Current estimated payment $266/month

609 Days on Market

About This Lot

As of May 2018

***BANK-OWNED***

+/- 1.2 acres located 4.5 miles NE of downtown Shelby, NC. Road frontage: 300'. The zoning is Restricted Residential (RR) with a Corridor Protection overlay allowing general retail and office uses. Deed restricted against residential development and the sale or display of used motor vehicles. Fallston Rd (NC Hwy 18) is 4-lanes in this location, connecting Shelby to the south with the Fallston / Belwood communities to the north.

Last Agent to Sell the Property

Jeremy Goldstein

G/M Property Group License #175675 Listed on: 09/13/2016

Co-Listed By

John Menkes

G/M Property Group License #194446

Last Buyer's Agent

Don Costner

Howard Hanna Allen Tate Shelby License #259610

Howard Hanna Allen Tate Shelby

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Property is zoned Commercial

Listing and Financial Details

  • Assessor Parcel Number 59181

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Unimproved Commercial
  • Ratio Close Price By List Price: 0.76803
  • Ratio Close Price By Original Li: 0.54444
  • Ratio Current Price By Acre: 20940.17
  • Restrictions: Manufactured Home Not Allowed
  • Restrictions Description: no residential
  • Special Features: None

Exterior Features

  • Publically Maintained Road: Yes

Utilities

  • Sewer: Septic Tank
  • Water: City Water

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level
  • Lot Size Area: 1.170
  • Parcel Number: 59181
  • Zoning: Commercial
  • Zoning Specification: RR

Tax Info

  • Tax Value: 41702.00
  • Tax Amount Ncm: 329.00
  • Tax Location: Cleveland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2016
Closed on
May 3, 2018
Sold by
Hometrust Bank
Bought by
Trayer Thomas D and Smith Vicki Jo
Seller's Agent
Jeremy Goldstein
G/M Property Group
Buyer's Agent
Don Costner
Howard Hanna Allen Tate Shelby
List Price
$45,000
Sold Price
$24,500
Premium/Discount to List
-$20,500
-45.56%
Current Estimated Value
$46,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,550
Avg. Annual Appreciation
8.90%
Original Mortgage
$15,925
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2005
Sold by
Artisans Carolina
Bought by
Kee-Ledbetter Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Trayer Thomas D -- None Available
Kee-Ledbetter Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Trayer Thomas D $15,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2018 05/16/18 Sold $24,500 -45.6% --
09/13/2016 09/13/16 For Sale $45,000 -- --
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 $265 $41,694 $41,694 $0
2024 $332 $41,702 $41,702 $0
2023 $330 $41,702 $41,702 $0
2022 $330 $41,702 $41,702 $0
2021 $332 $41,702 $41,702 $0
2020 $345 $41,702 $41,702 $0
2019 $345 $41,702 $41,702 $0
2018 $345 $41,702 $41,702 $0
2017 $343 $41,702 $41,702 $0
2016 $329 $41,702 $41,702 $0
2015 $135 $17,032 $17,032 $0
2014 $135 $17,032 $17,032 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3215108

Canopy MLS (Canopy Realtor® Association)

APN: 59181