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  • $503,500

    502 N Lafayette St, Shelby, NC 28150

    18beds
    8,318sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $579,500 Zestimate®
    $61/sqft
    $1,030 Estimated rent

    Home value

    $579,500

    $481,000 - $684,000

    $1,030/mo

    Zestimate® history
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    What's special

    Multi Units Houses/rooms Sale. Picture shown is of 502,504,506 N Lafayette St. has 11 Bedrooms/3 houses with basements. Properties in Package for sale As-Is: Adding 209 Broad St -4/2 to the package to replace 210 McBrayer St. 208 Broad St(vacant lot), Plus a Lot 505 N Washington St which also attaches to the N Lafayette Houses. 405 Whitener St 3/2 porch & fenced Also listed at $112,900. These can be sold separately or different packages made from the whole. There are 14 bedrooms total in pkg. All rented. There are pictures of the homes plus info sheets in the disclosure area of this listing. Tenants in all units so will need 48 hour notice to show. No sign or lockboxes. All present Tenants want to stay if possible. Agent will have them to open to show. NC Preservation Historical Agreement 502 N Lafayette. 210 McBrayer St is presently under contract, but if falls through can be included into this package for a higher price. Rail Trail close to McBrayer St house.

    Zillow last checked:

    Listing updated:

    Listed by:

    Donna Sutton suttonrealty1@gmail.com,

    Sutton Realty Professionals

    Bought with:

    Lee Johnston

    Keller Williams South Park

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 3884029MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 9
    • Full bathrooms: 8
    Heating
    • Baseboard, Ductless, Electric, Forced Air, Heat Pump, Natural Gas, Other
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Electric Water Heater, Gas Water Heater
    • Laundry: Other
    Features
    • Other - See Remarks
    • Flooring: Carpet, Linoleum, Hardwood, Tile, Vinyl, Wood
    • Doors: Storm Door(s)
    • Has basement: Yes
    • Fireplace features: Other - See Remarks
    Interior area
    • Total structure area: 7,426
    • Total interior livable area: 8,318 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 14
    • Parking features: None
    • Details: drive
    Features
    • Patio & porch: Front Porch, Side Porch
    • Exterior features: Other - See Remarks
    • Waterfront features: None
    Lot
    • Size: 2.03 Acres
    Details
    • Additional parcels included: 5 houses +2 lots
    • Parcel number: 18011,23236,18003,19607
    • Zoning: G-B
    • Special conditions: Subject to Lease
    • Other equipment: Other - See Remarks

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Aluminum, Metal, Shingle/Shake, Vinyl, Wood
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Community
    • Features: Other
    Location
    • Region: Shelby

    Financial & listing details

    • Price per square foot: $61/sqft
    • Tax assessed value: $213,432
    • Annual tax amount: $1,931
    • Date on market: 7/15/2022
    • Cumulative days on market: 332 days
    • Listing terms: Cash,Conventional
    • Tenant pays: Other
    • Road surface type: Asphalt, Concrete, Gravel, Paved

    Price history

    DateEventPrice
    9/18/2023Sold$503,500-8.4%$61/sqft
    Source: Canopy MLS as distributed by MLS GRID #3884029 Report a problem
    5/1/2023Price change$549,900-12.6%$66/sqft
    Source: Canopy MLS as distributed by MLS GRID #CAR3884029 Report a problem
    2/20/2023Listed for sale$629,000$76/sqft
    Source: Canopy MLS as distributed by MLS GRID #CAR3884029 Report a problem
    2/8/2023Pending sale$629,000$76/sqft
    Source: Canopy MLS as distributed by MLS GRID #3884029 Report a problem
    2/7/2023Listing removed--
    Source: Canopy MLS as distributed by MLS GRID #3884029 Report a problem
    2/2/2023Pending sale$629,000$76/sqft
    Source: Canopy MLS as distributed by MLS GRID #3884029 Report a problem
    1/6/2023Price change$629,000-3.1%$76/sqft
    Source: Canopy MLS as distributed by MLS GRID #3884029 Report a problem
    11/26/2022Price change$649,000-7.2%$78/sqft
    Source: Canopy MLS as distributed by MLS GRID #3884029 Report a problem
    10/25/2022Price change$699,000-30%$84/sqft
    Source: Canopy MLS as distributed by MLS GRID #3884029 Report a problem
    7/15/2022Listed for sale$999,000$120/sqft
    Source: Canopy MLS as distributed by MLS GRID #3884029 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,931 +147.5%$194,079 +208.1%
    2024$780 -51.2%$63,000 -50.5%
    2023$1,600 $127,243
    2022$1,600 $127,243
    2021$1,600 +3.2%$127,243 +5.9%
    2020$1,551 $120,129
    2019$1,551 +0.2%$120,129
    2018$1,547 +2.4%$120,129
    2017$1,510 $120,129
    2016$1,510 $120,129 -24.2%
    2015$1,510 $158,566 -40.1%
    2014$1,510 $264,511
    2013-- $264,511
    2012-- $264,511
    2008-- $264,511 +8.8%
    2006-- $243,214
    2005-- $243,214
    Find assessor info on the county website

    Neighborhood: 28150

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Marion
    • Middle: Shelby
    • High: Shelby

    Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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