Under contract-show

Price cut: $24.9K (9/11)

$115,000

514 S Martin St, Shelby, NC 28150

3beds

1,723sqft

$788/mo

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Single Family Residence

Built in 1933

0.54 Acres Lot

$-- Zestimate^®

$67/sqft

$-- HOA

What's special

Desirable layout

Investment opportunity in Shelby! This 3 bedroom, 1 bathroom home sits on a spacious 0.54-acre lot and is perfect for your next renovation project. With a desirable layout and solid structure, this property is primed for updates and customization. Whether you're looking to flip, rent, or create a personal residence, this is a great chance to add value. Home needs TLC and is being sold as-is. Don’t miss out on this potential-packed property!

60 days
149
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 3

Primary bedroom

Level: Main

Bedroom s

Level: Main

Bedroom s

Level: Main

Bathroom full

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Forced Air

Cooling

None

Appliances

Included: Electric Range
Laundry: Laundry Room

Features

Has basement: No

Interior area

Total structure area: 1,723
Total interior livable area: 1,723 sqft
Finished area above ground: 1,723
Finished area below ground: 0

Property

Parking

Parking features: Driveway, Shared Driveway, Other - See Remarks
Has uncovered spaces: Yes
Details: Driveway is shared and has a utility easement.

Features

Levels: One
Stories: 1
Patio & porch: Screened

Lot

Size: 0.54 Acres

Details

Parcel number: 18114
Zoning: R6
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood
Foundation: Slab

Condition

New construction: No
Year built: 1933

Utilities & green energy

Sewer: Public Sewer
Water: City

Community & HOA

Community

Subdivision: None

Location

Region: Shelby

Financial & listing details

Price per square foot: $67/sqft
Tax assessed value: $28,168
Annual tax amount: $871
Date on market: 8/13/2026
Cumulative days on market: 60 days
Listing terms: Cash
Road surface type: Dirt, Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,216/mo

Price history

Date	Event	Price
9/11/2026	Price change	$115,000-17.8%$67/sqft
Source: Canopy MLS as distributed by MLS GRID #4414432 Report a problem
8/13/2026	Listed for sale	$139,900-0.1%$81/sqft
Source: Canopy MLS as distributed by MLS GRID #4414432 Report a problem
9/15/2025	Listing removed	$140,000$81/sqft
Source: Canopy MLS as distributed by MLS GRID #4258187 Report a problem
6/7/2025	Price change	$140,000-15.2%$81/sqft
Source: Canopy MLS as distributed by MLS GRID #4258187 Report a problem
6/5/2025	Listed for sale	$165,000$96/sqft
Source: Canopy MLS as distributed by MLS GRID #4258187 Report a problem
6/3/2025	Pending sale	$165,000$96/sqft
Source: Canopy MLS as distributed by MLS GRID #4258187 Report a problem
5/20/2025	Listed for sale	$165,000$96/sqft
Source: Canopy MLS as distributed by MLS GRID #4258187 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$871 +140.1%	$87,500 +210.6%
2024	$363	$28,168
2023	$363	$28,168
2022	$363	$28,168
2021	$363 +43.1%	$28,168 +50.4%
2020	$253	$18,726
2019	$253 +0.5%	$18,726
2018	$252 +2.8%	$18,726
2017	$245	$18,726
2016	$245	$18,726 -37.9%
2015	$245	$30,132
2014	$245	$30,132
2013	--	$30,132
2012	--	$30,132
2011	--	$30,132
2010	--	$30,132
2008	--	$30,132 +3.8%
2007	--	$29,026
2006	--	$29,026
2005	--	$29,026
2003	--	$29,026