NOT LISTED FOR SALE

631 S Post Rd Shelby, NC 28152

Estimated Value: $12,471,241

-- Bed
-- Bath
71,644 Sq Ft
$174/Sq Ft Est. Value

About This Home

This home is located at 631 S Post Rd, Shelby, NC 28152 and is currently estimated at $12,471,241, approximately $174 per square foot. 631 S Post Rd is a home located in Cleveland County with nearby schools including Marion Intermediate School, Shelby Middle School, and Shelby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Dream Property Shelby Llc
Bought by
Discovery One Land Holdings Llc
Current Estimated Value
$12,471,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000,000
Outstanding Balance
$32,451,357
Interest Rate
7.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$19,980,116

Purchase Details

Closed on
Jul 28, 2021
Sold by
601 S Post Llc
Bought by
Dream Property Shelby Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2016
Sold by
Goforth Investments Llc
Bought by
601 S Post Llc

Purchase Details

Closed on
Aug 25, 2014
Sold by
Post Road Properties
Bought by
Goforth Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Discovery One Land Holdings Llc $11,550,000 None Listed On Document
Discovery One Land Holdings Llc $11,550,000 None Listed On Document
Dream Property Shelby Llc $7,295,500 Chicago Title Company Llc
601 S Post Llc $2,500,000 None Available
Goforth Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Discovery One Land Holdings Llc $33,000,000
Closed Discovery One Land Holdings Llc $33,000,000
Previous Owner Dream Property Shelby Llc $7,500,000
Source: Public Records

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 $94,021 $7,449,351 $903,780 $6,545,571
2024 $90,629 $6,521,090 $216,604 $6,304,486
2023 $55,177 $6,521,090 $216,604 $6,304,486
2022 $90,176 $6,521,090 $216,604 $6,304,486
2021 $90,629 $7,521,090 $1,216,604 $6,304,486
2020 $84,520 $6,802,413 $1,216,604 $5,585,809
2019 $84,520 $6,802,413 $1,216,604 $5,585,809
2018 $29,141 $6,802,413 $1,216,604 $5,585,809
2017 $28,404 $2,345,312 $1,216,604 $1,128,708
2016 $28,547 $2,345,312 $1,216,604 $1,128,708
2015 $35,971 $3,114,357 $1,517,640 $1,596,717
2014 $35,971 $3,114,357 $1,517,640 $1,596,717
Source: Public Records

Map

North Carolina Cleveland County Shelby 28152

631 S Post Rd, Shelby, NC

Not Listed for Sale

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