$1,080,000
SOLD MAR 28, 2025

436 E College Ave Shelby, NC 28152

22 Acres
$49,091 Price per Acre
958,320 Sq Ft Lot

Recently Sold

$616 Per Sq Ft

10% Below List Price

72 Days on Market

About This Lot

As of March 2025

Fully Entitled Single Family Subdivision for Sale. Great, shovel ready opportunity for development. Assemblage of 5 parcels totalling over 22 acres including a 2,330sf house. Public water and sewer is permitted. Excellent location on College Av across from the new State Employees Credit Union with 200' of frontage on NC150 and 600' of frontage on Lyman Street. Ready to start building today!

Last Agent to Sell the Property

Bill McCarter

Foothills Commerical Real Estate LLC Brokerage Email: bill.mccarter@foothillscommercial.com License #100715 Listed on: 06/19/2023

Co-Listed By

Spencer Borders

Foothills Commerical Real Estate LLC Brokerage Email: bill.mccarter@foothillscommercial.com License #233534

Last Buyer's Agent

Spencer Borders

Foothills Commerical Real Estate LLC Brokerage Email: bill.mccarter@foothillscommercial.com License #233534

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,537

Lot Details

  • Cleared Lot
  • Possible uses of the property include Development, Subdevelopment
  • Property is zoned R15/R20

Schools

  • Boiling Springs Elementary School
  • Crest Middle School
  • Crest High School

Listing and Financial Details

  • Assessor Parcel Number 629

Property Details

Property Type

Land

Est. Annual Taxes

$1,537

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: No Restrictions
  • Restrictions Description: Municipal Zoning
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: bill.mccarter@foothillscommercial.com
  • Special Features: None

Interior Features

  • Possible Use: Development, Subdevelopment

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Area: 22
  • Lot Size Units: Acres
  • Parcel Number: 629
  • Can Be Subdivided: 0
  • Additional Parcels Description: 631, 632, 634, 58893
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R15/R20

MLS Schools

  • Elementary School: Boiling Springs
  • High School: Crest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Feb 27, 2025
Sold by
Edwards Christopher A and Edwards Sandra B
Bought by
College Commons Llc
Seller's Agent
Bill McCarter
Foothills Commerical Real Estate LLC
Buyer's Agent
Spencer Borders
Foothills Commerical Real Estate LLC
List Price
$1,200,000
Sold Price
$1,080,000
Premium/Discount to List
-$120,000
-10%
Views
44
Current Estimated Value
$259,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$821,000
Avg. Annual Appreciation
-97.89%

Purchase Details

Listed on
Jun 19, 2023
Closed on
Feb 21, 2025
Sold by
Edwards Christopher A and Edwards Sandra B
Bought by
College Commons Llc
Seller's Agent
Bill McCarter
Foothills Commerical Real Estate LLC
Buyer's Agent
Spencer Borders
Foothills Commerical Real Estate LLC
List Price
$1,200,000
Sold Price
$1,080,000
Premium/Discount to List
-$120,000
-10%
Views
44
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
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $720,000 None Listed On Document
Warranty Deed $720,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $1,080,000 -10.0% $616 / Sq Ft
12/18/2024 12/18/24 For Sale $1,200,000 +11.1% $685 / Sq Ft
12/11/2024 12/11/24 Off Market $1,080,000 -- --
12/11/2024 12/11/24 For Sale $675,000 0.0% $385 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $675,000 +283.5% $385 / Sq Ft
06/27/2017 06/27/17 Sold $176,000 -47.5% $100 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
10/26/2016 10/26/16 For Sale $335,000 -- $191 / 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
2024 $1,537 $139,072 $55,000 $84,072
2023 $1,502 $139,072 $55,000 $84,072
2022 $1,488 $139,072 $55,000 $84,072
2021 $1,496 $139,072 $55,000 $84,072
2020 $1,368 $121,282 $44,000 $77,282
2019 $1,368 $121,282 $44,000 $77,282
2018 $1,358 $121,549 $44,000 $77,549
2017 $1,339 $121,549 $44,000 $77,549
2016 $1,295 $121,549 $44,000 $77,549
2015 $1,168 $110,512 $33,000 $77,512
2014 $1,168 $110,512 $33,000 $77,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4041992

Canopy MLS (Canopy Realtor® Association)

APN: 629