NOT LISTED FOR SALE

2240 S Lafayette St Shelby, NC 28152

Estimated Value: $142,000 - $180,000

2 Beds
1 Bath
1,397 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $128,000 $92 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $955/month

39 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Shed
  • Fireplace
  • Laundry in Mud Room
  • 1-Story Property

About This Home

As of May 2023

Check out this charming two bedroom, one bath home located on over 3.5 acres of land in Shelby, North Carolina! This home is absolutely perfect for a first time home buyer that wants to live in a rural setting. Home features a spacious living room area that connects to the dining area. The dining area could be used as an office area or sitting area as well. Kitchen comes furnished with great cabinet space and the refrigerator. Moving toward the back of the home, you will find the laundry room with plenty of space for storage. Washer and dryer will be conveying with the property. What makes this home even better is that it is only MINUTES away from Downtown Shelby which is slammed pack full of great stores, restaurants, and a great area to walk. The Shelby-Cleveland Regional Airport is only 5 mins away. Be sure to schedule your showing now, because this home will not last long!!

Last Agent to Sell the Property

Preston Richardson

RE/MAX Select Brokerage Email: prestonrichardson@remax.net License #130423 Listed on: 02/21/2023

RE/MAX Select

Last Buyer's Agent

John DiCristo

Ivester Jackson Christie's License #220207

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $728

Year Built

  • Built in 1934

Lot Details

  • Cleared Lot
  • Property is zoned R15, R-15

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,397 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Mud Room
  • Washer and Dryer

Outdoor Features

  • Shed
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0000071022

Home Details

Home Type

Single Family

Est. Annual Taxes

$728

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1934
  • Road Surface Type: Dirt
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 91.62
  • Geocode Confidence: High
  • Attribution Contact: prestonrichardson@remax.net
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1397
  • 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: 0
  • Appliances: Dryer, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1397
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1397
  • Bedroom Main: 2
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch

Garage/Parking

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

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Laundry Features: Mud Room
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Area: 3.54
  • Lot Size Units: Acres
  • Parcel Number: 0000071022
  • Zoning: R-15
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R15

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
May 26, 2023
Sold by
Ellison Aleta A
Bought by
Cochran Evan Shay Tyler
Seller's Agent
Preston Richardson
RE/MAX Select
Buyer's Agent
John DiCristo
Ivester Jackson Christie's
List Price
$139,500
Sold Price
$128,000
Premium/Discount to List
-$11,500
-8.24%
Views
137
Current Estimated Value
$169,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,119
Avg. Annual Appreciation
12.25%
Original Mortgage
$168,176
Outstanding Balance
$163,580
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$5,539

Purchase Details

Closed on
Oct 1, 2020
Sold by
Ellison Richard William and Ellison Aleta E
Bought by
Ellison Aleta A

Purchase Details

Closed on
Dec 15, 2017
Sold by
Phillips Mary D and Argent Mary
Bought by
Ellison Aleta A and Ellison Richard William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,641
Interest Rate
5.5%
Mortgage Type
FHA
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
Cochran Evan Shay Tyler $128,000 Lion Title
Ellison Aleta A -- None Available
Ellison Aleta A $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Evan Shay Tyler $168,176
Previous Owner Ellison Aleta A $73,641
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2023 05/26/23 Sold $128,000 -8.2% $92 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $139,500 0.0% $100 / Sq Ft
03/30/2023 03/30/23 For Sale $139,500 +7.7% $100 / Sq Ft
03/30/2023 03/30/23 Price Changed $129,500 -16.5% $93 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $155,000 -- $111 / 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 $728 $114,588 $19,855 $94,733
2024 $695 $77,299 $26,417 $50,882
2023 $636 $77,299 $26,417 $50,882
2022 $636 $77,299 $26,417 $50,882
2021 $693 $77,299 $26,417 $50,882
2020 $493 $50,730 $26,417 $24,313
2019 $493 $50,730 $26,417 $24,313
2018 $489 $50,730 $26,417 $24,313
2017 $487 $50,730 $26,417 $24,313
2016 $463 $50,730 $26,417 $24,313
2015 $494 $54,637 $25,461 $29,176
2014 $494 $54,637 $25,461 $29,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4002333

Canopy MLS (Canopy Realtor® Association)

APN: 71022