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Boiling Springs 28152
100 Southern Pines Drive
$360,000
● House - Off Market

100 Southern Pines Drive

Shelby, NC 28152
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,305 Ft²
$1,754
Est. Monthly
$13
HOA / Fees
6.37%
Cap Rate

About This Property

Welcome to Highland Pines, where this stunning 3-bedroom, 2.5-bathroom home with a bonus room awaits! Boasting over 2,300 square feet, this property sits on a spacious corner lot just over 0.7 acres. The primary suite is conveniently located on the main level, offering ease and comfort. Additional highlights include a 2-car garage and a prime location in the highly desirable neighborhood. Highland Pines is right across the street from Boiling Springs Elementary, adding extra convenience. With so much to offer, this gem won't last long-schedule your showing today!
Unit Size
2,305 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$154
Property Type
House
Property Taxes
-
HOA Dues
$13
Year Built
1996

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (CANOPYMLS #CAR4206552)

Price History

Date / Event Date Event Price
Feb 21, 2025 Sold
Premium
Sold
Jan 3, 2025 In contract -
In contract
Dec 10, 2024 Listed by Coldwell Banker Boyd & Hassell $354,500
Listed by Coldwell Banker Boyd & Hassell
May 12, 2022 No longer available -
No longer available
May 10, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 485
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Total Building Area: 3,639
  • Building Area: 3,639
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 4
  • Heating: 8
  • Heated Square Feet: 3,639
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND PINES
  • Land Acres: 0000000710
  • Standard Land Use Code: 1001
  • Legal Description 1: #51PB19-6HIGHLAND PINES

Neighborhood

  • School District Name: Cleveland County Schools
  • School Tax School District: TOWN OF BOILING
  • Census Tract: 951503

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: BS27
  • Account Number: 1347870
  • District: 2
  • Parcel: 48150
  • Block: 1
  • Lot: 51
  • Municipality: BOILING SPRINGS
  • Latitude: 35.236
  • Longitude: -81.6529

    Address

  • Full Address: 100 Southern Pines Dr
  • Address - House Number: 100
  • Address - Street Name: Southern Pines
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Shelby
  • Carrier Code: R023
  • 4-Digit Zip Code: 8166
  • Zip Code: 28152

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $325,197
  • Tax Rate Code Area: 52

    Appraisal Valuation

  • Standard Deviation: 0.1169
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 87
  • Final Value: 390,050
  • High Value: 435,681
  • Low Value: 344,419

    Market Valuation

  • Market Total Value: $299,487
  • Market Land Value: $25,844
  • Market Improvement Value: $273,643

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,487
  • Assessed Land Value: $25,844
  • Assessed Improvements Value: $273,643

    Sales

  • Current Sale Contract Date: May 10, 2022
  • Current Sale Recording Date: May 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 72603
  • Previous Sale Recording Date: May 09, 2019
  • Previous Sale Contract Date: May 09, 2019
  • Previous Sale Amount: $82,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Boiling Springs

Stats & Trends

Median Asking:

$293,000

Sale Price/ft²

$194

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1710 ft²

Average Home Age

30.8 years

Currently For Sale

18 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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CANOPYMLS

Listed by: Kevin Cervantes, Coldwell Banker Boyd & Hassell
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4206552
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Frequently Asked Questions

When was property at 100 Southern Pine Drive built and last sold?
The property at 100 Southern Pine Drive was built in 1996 and last sold on May 10, 2022 for $375,000.
How much is this home worth?
The estimated value of the home located at 100 Southern Pine Drive is $0.
What are some comparable homes to 100 Southern Pine Drive?
There are currently no comparable homes to 100 Southern Pine Drive.
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