$915,000
SOLD JUL 29, 2025

3000 Drake Cir Shelby, NC 28152

24 Beds
12 Baths
10,800 Sq Ft
2.81 Acres

Recently Sold

$85 Per Sq Ft

30% Below List Price

278 Days on Market

Highlights

  • Private Lot
  • Living Room
  • Ceiling Fan
  • Bar Fridge

About This Home

As of July 2025

Six duplex apartment homes for sale located in the southern park of Shelby, NC. Apartments are furnished with appliances and PTac units. Each duplex is two beds and one bath with an open space floor plan. Utility room holds new water heaters and washer and dryers.

Last Agent to Sell the Property

Tony Sklavounakis

Prosperity Property Group LLC Brokerage Email: anthonyrebroker@yahoo.com License #283345 Listed on: 08/05/2024

Last Buyer's Agent

Chetna Shende

Eesha Realty LLC License #323502

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $480

Year Built

  • Built in 1977

Lot Details

  • Private Lot
  • Paved or Partially Paved Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 10,800 Sq Ft Home
  • Bar Fridge
  • Ceiling Fan
  • Living Room
  • Crawl Space
  • Convection Oven
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Full Bathrooms

Utilities

  • Septic Tank

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for sewer
  • Assessor Parcel Number 4971

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$480

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1977
  • Road Surface Type: Dirt, Concrete
  • Geocode Confidence: High
  • Attribution Contact: anthonyrebroker@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Room Other: Primary Bedroom,Kitchen,Living Room
  • Appliances: Bar Fridge, Convection Oven
  • Owner Pays: Sewer
  • Above Grade Finished Sq Ft: 10800
  • Basement YN: No
  • Full Bathrooms: 12
  • Total Bedrooms: 24
  • Living Area: 10800
  • Unit Type Features: Ceiling Fan(s),Open Floorplan,Wired Internet Available

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Waterfront Elevation: 1000
  • Construction Type: Brick Partial

Garage/Parking

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

Utilities

  • Heating: Ductless
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Utility Room
  • Cooling: Ceiling Fan(s), Ductless
  • Water Source: County Water

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Paved, Private
  • Lot Size Area: 2.81
  • Lot Size Units: Acres
  • Parcel Number: 4971
  • Plat Reference Section Pages: 0761
  • Additional Parcels Description: 4972,4973,4974,4975,4992
  • Zoning Specification: RS

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 12

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Jul 28, 2025
Sold by
Imperial Investment Holdings Inc
Bought by
Mehta Investments Llc
Seller's Agent
Tony Sklavounakis
Prosperity Property Group LLC
Buyer's Agent
Chetna Shende
Eesha Realty LLC
List Price
$1,300,000
Sold Price
$915,000
Premium/Discount to List
-$385,000
-29.62%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1345.81%
Original Mortgage
$732,000
Outstanding Balance
$732,000
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
$401,000
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 Type Sale Price Title Company
Warranty Deed $915,000 None Listed On Document
Warranty Deed $915,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $732,000 Construction
Closed $732,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Sold $915,000 -14.9% $85 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
04/08/2025 04/08/25 Price Changed $1,075,000 -2.3% $100 / Sq Ft
03/29/2025 03/29/25 Price Changed $1,100,000 +4.8% $102 / Sq Ft
03/25/2025 03/25/25 Price Changed $1,050,000 -4.5% $97 / Sq Ft
10/30/2024 10/30/24 Price Changed $1,100,000 -8.3% $102 / Sq Ft
09/17/2024 09/17/24 Price Changed $1,200,000 +2.6% $111 / Sq Ft
09/17/2024 09/17/24 Price Changed $1,170,000 -10.0% $108 / Sq Ft
08/05/2024 08/05/24 For Sale $1,300,000 -- $120 / 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 $480 $85,748 $10,656 $75,092
2024 $480 $40,127 $8,524 $31,603
2023 $475 $40,127 $8,524 $31,603
2022 $477 $40,127 $8,524 $31,603
2021 $475 $40,127 $8,524 $31,603
2020 $451 $36,734 $8,524 $28,210
2019 $348 $36,734 $8,524 $28,210
2018 $346 $36,734 $8,524 $28,210
2017 $363 $27,331 $8,524 $18,807
2016 $340 $27,331 $8,524 $18,807
2015 $448 $41,015 $7,459 $33,556
2014 -- $41,015 $7,459 $33,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4168434

Canopy MLS (Canopy Realtor® Association)

APN: 4971