NOT LISTED FOR SALE

511 College Ave Shelby, NC 28152

Estimated Value: $1,106,000 - $1,372,094

4 Beds
7 Baths
7,697 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $1,200,000 $156 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,112/month

480 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Barn
  • Open Floorplan
  • Deck

About This Home

As of August 2022

One-of-a-kind, gated dream property located between Charlotte and Asheville with easy access to Tryon Intl. Equestrian Center and minutes from Uptown Shelby shopping, dining, culture and recreation. 20 acres with First Broad River frontage, private stocked fishing pond with composite dock, ~8 acres split-rail fenced pasture with barn, > 7,000 sf main house with open floor plan, gourmet kitchen, 5 fp, huge master suite. Sep guest cottage. Custom pool with waterfall and hot tub, pool house, outdoor kitchen with fireplace. 1584 sf detached utility shed. Immaculate condition. You CAN have it all!!

Last Agent to Sell the Property

Becca Schweppe

Keller Williams Unified License #117906 Listed on: 05/01/2021

Keller Williams Unified

Last Buyer's Agent

Betsy Brown

Howard Hanna Allen Tate Gastonia License #192161

Howard Hanna Allen Tate Gastonia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,136

Year Built

  • Built in 1988

Lot Details

  • Fenced
  • Paved or Partially Paved Lot
  • Open Lot
  • Sloped Lot
  • Irrigation
  • Wooded Lot
  • Zoning described as R10

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Metal Roof
  • Wood Siding
  • Stone Veneer

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Sound System
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Den with Fireplace
  • Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Self-Cleaning Double Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Whirlpool Bathtub
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Parking

  • Garage
  • Porte-Cochere
  • Basement Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Pond
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Shed

Additional Homes

  • Guest House

Schools

  • James Love Elementary School
  • Shelby Middle School
  • Shelby High School

Farming

  • Barn
  • Pasture

Utilities

  • Zoned Heating
  • Heat Pump System
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27992

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,136

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1988
  • Ratio Current Price By Acre: 60331.83
  • Second Living Quarters: Guest House
  • Road Surface Type: Asphalt, Concrete
  • Structure Type: One Story/Basement/F.R.O.G.
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 155.90
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Attic Other, Basement Shop, Breakfast Bar, Built Ins, Cable Available, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Open Floorplan, Pantry, Skylight(s), Split Bedroom, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Whirlpool, Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 4385
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 705
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 705
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Second Living Quarters Hla: 560
  • Second Living Quarters Sq Ft: 0
  • Porch: Back,Balcony,Covered,Deck,Front,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Gas Cooktop, Dishwasher, Disposal, Double Oven, Electric Oven, Electric Dryer Hookup, Plumbed For Ice Maker, Microwave, Natural Gas, Network Ready, Oven, Refrigerator, Security System, Self Cleaning Oven, Surround Sound, Wall Oven
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2752
  • Fireplace Features: Den, Family Room, Gas Log, Great Room, Living Room, Primary Bedroom, Wood Burning
  • Living Area: 7697
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Barn(s), Fence, Hot Tub, In-Ground Irrigation, Outdoor Fireplace, Outdoor Kitchen, In Ground Pool, Porte-cochere, Satellite Internet Available, Shed(s), Wired Internet Available
  • New Construction: No
  • Roof: Shingle, Metal
  • Tax Location: Cleveland
  • Construction Type: Site Built
  • Water Body Name: First Broad River
  • Waterfront Features: Dock
  • Construction Type: Brick Partial, Stone Veneer, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Attached Garage, Basement, Detached, Driveway, Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump, Multizone A/C, Zoned
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level, In Basement
  • Water Source: Public

Schools

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

Lot Info

  • Lot Features: Open Lot, Pasture, Paved, Pond(s), River Front, Sloped, Wooded, Views, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 27992
  • Plat Reference Section Pages: 1522
  • Zoning Description: R10
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.66716

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: James Love
  • High School: Shelby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Aug 23, 2022
Sold by
Legrand Stuart H and Swing Ann
Bought by
Griffin Tina Fortsch
Seller's Agent
Becca Schweppe
Keller Williams Unified
Buyer's Agent
Betsy Brown
Howard Hanna Allen Tate Gastonia
List Price
$1,390,000
Sold Price
$1,200,000
Premium/Discount to List
-$190,000
-13.67%
Views
1
Current Estimated Value
$1,229,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,365
Avg. Annual Appreciation
0.76%
Original Mortgage
$647,200
Outstanding Balance
$618,756
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$610,609
Source: Public Records

Range of Values:

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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
Griffin Tina Fortsch $1,200,000 Taylor Law Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Tina Fortsch $647,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2022 08/24/22 Sold $1,200,000 -13.7% $156 / Sq Ft
05/01/2021 05/01/21 For Sale $1,390,000 -- $181 / 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 $8,136 $1,281,336 $204,616 $1,076,720
2024 $7,364 $923,190 $165,152 $758,038
2023 $7,328 $923,190 $165,152 $758,038
2022 $7,463 $923,190 $165,152 $758,038
2021 $7,495 $923,190 $165,152 $758,038
2020 $4,460 $521,153 $154,590 $366,563
2019 $4,460 $521,153 $154,590 $366,563
2018 $4,347 $521,153 $154,590 $366,563
2017 $4,325 $521,153 $154,590 $366,563
2016 $4,137 $521,153 $154,590 $366,563
2015 $4,238 $534,319 $154,590 $379,729
2014 $4,238 $534,319 $154,590 $379,729
Source: Public Records

Agents Affiliated with this Home

  • Becca Schweppe

    Seller's Agent in 2022

    Becca Schweppe

    Keller Williams Unified

    (704) 472-9827

    151 in this area

    195 Total Sales

    Becca Schweppe
    Section Image
  • Betsy Brown

    Buyer's Agent in 2022

    Betsy Brown

    Allen Tate Realtors

    (704) 913-2508

    3 in this area

    87 Total Sales

    Betsy Brown
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3732719

Canopy MLS (Canopy Realtor® Association)

APN: 27992

North Carolina Cleveland County Shelby 28152

511 College Ave, Shelby, NC

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