542 Plato Lee Rd Shelby, NC 28150
5
Beds
3.5
Baths
2,880
Sq Ft
23
Acres
Highlights
- Greenhouse
- Ranch Style House
- 2 Car Attached Garage
- Springmore Elementary School Rated A-
- Screened Porch
- Laundry Room
About This Home
As of May 2025This spacious one-owner 5 bedroom 3.5 bath home for those looking for ample living space and privacy. Situated on approximately 23 acres, the property is conveniently located less than 5 miles from Uptown Shelby and 1.4 miles from HWY 74 W. With a 50 yr Arch Roof installed in 2020, the home boasts a sprawling 2,880 sf on one level. The main floor features a cozy FR with a fireplace, DR, LR, and a kitchen equipped with an island and pantry. The primary br suite is accompanied by 4 additional brs sharing joint baths, while an Office offers the flexibility of being used as a 6th br. The 2,880 sf unfinished unheated basement presents endless possibilities, w/fireplace and rough plumbing for a ba. The majority of the land is cleared and includes a variety of fruit-bearing plants/trees, a greenhouse and garden spot, making it ideal for those interested in creating their own mini-farm or private estate. This versatile home is ready and waiting for its new owner to make it their own.
Last Agent to Sell the Property
Allen Tate Shelby Brokerage Email: don.costner@allentate.com License #259610 Listed on: 05/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,795
Year Built
- Built in 1993
Lot Details
- Level Lot
- Cleared Lot
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Ranch Style House
- Four Sided Brick Exterior Elevation
Interior Spaces
- Insulated Windows
- French Doors
- Family Room with Fireplace
- Screened Porch
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Electric Oven
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Access to stream, creek or river
- Greenhouse
Schools
- Springmore Elementary School
- Crest Middle School
- Crest High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 42503
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
May 2, 2025
Sold by
Bankhead David Michael and Bankhead Betsy C
Bought by
Beristain Luis Enrique Sanc and Portillo Yasmin Ortiz
Seller's Agent
Don Costner
Allen Tate Shelby
Buyer's Agent
Claudia Sunsin Palacios
Coldwell Banker Realty
List Price
$647,500
Sold Price
$560,000
Premium/Discount to List
-$87,500
-13.51%
Views
253
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,062
Avg. Annual Appreciation
47.15%
Original Mortgage
$300,000
Outstanding Balance
$300,000
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$321,565
Purchase Details
Closed on
Feb 20, 2014
Sold by
Bankhead David Michael and Bankhead Betsy
Bought by
Mcswain James R and Mcswain Wanda B
Purchase Details
Closed on
Nov 8, 2013
Sold by
Bankhead David Michael and Bankhead Betsy
Bought by
Mcswain James R and Mcswain Wanda B
Similar Homes in Shelby, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $560,000 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Best Ever Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $108,899 | New Conventional | |
| Previous Owner | $45,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $560,000 | -10.4% | $194 / Sq Ft |
| 01/02/2025 01/02/25 | Price Changed | $625,000 | -3.5% | $217 / Sq Ft |
| 11/06/2024 11/06/24 | Price Changed | $647,500 | 0.0% | $225 / Sq Ft |
| 11/06/2024 11/06/24 | For Sale | $647,500 | +15.6% | $225 / Sq Ft |
| 11/04/2024 11/04/24 | Off Market | $560,000 | -- | -- |
| 08/07/2024 08/07/24 | Price Changed | $649,900 | -4.4% | $226 / Sq Ft |
| 06/14/2024 06/14/24 | Price Changed | $679,900 | -2.9% | $236 / Sq Ft |
| 05/10/2024 05/10/24 | For Sale | $699,900 | -- | $243 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $3,795 | $467,232 | $76,692 | $390,540 |
| 2023 | $3,793 | $467,232 | $76,692 | $390,540 |
| 2022 | $3,776 | $467,232 | $76,692 | $390,540 |
| 2021 | $3,793 | $467,232 | $76,692 | $390,540 |
| 2020 | $3,179 | $375,259 | $76,692 | $298,567 |
| 2019 | $3,179 | $375,259 | $76,692 | $298,567 |
| 2018 | $3,175 | $375,259 | $76,692 | $298,567 |
| 2017 | $3,159 | $375,259 | $76,692 | $298,567 |
| 2016 | $3,027 | $375,259 | $76,692 | $298,567 |
| 2015 | $3,047 | $377,850 | $84,007 | $293,843 |
| 2014 | $3,047 | $377,850 | $84,007 | $293,843 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Don Costner
Allen Tate Realtors
(704) 473-0415
87 in this area
121 Total Sales
-
Buyer's Agent in 2025
Claudia Sunsin Palacios
Coldwell Banker Realty
(704) 323-0954
1 in this area
43 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4138261
APN: 42503
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