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405 West Marion Street

405 West Marion Street, Shelby, NC 28150
Property in Cleveland
Sold Jul 10, 2019
$147,000
$655,000 by Mountain Bizcapital Inc
Mortgage
405 West Marion Street in Shelby, NC was first built in 1924 and is 100 years old. Although, the building on the property was most recently renovated and altered in 1972. This has been categorized as a residential property type. There are a total of 2 floors. 405 West Marion Street has 3,192 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 12,981 square feet.

Learn more about the property and building on this page. There is a covered porch. For those who need parking, there is a paved and surfaced garage. There is one available parking space. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 405 West Marion Street sold most recently in Jul 9, 2019 for a total of $147,000. If you work out the math, that's approximately a cost of $46.05 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,399 in taxes each year. The initial year of tax delinquency occurred in 2019. 405 West Marion Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $114,044. If we break it down further, the land itself was valued at $37,600. Improvements to the property, however, were assessed at a total of $76,444. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 207
  • Garage Type: Paved and surfaced
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 12,981
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,192
  • Building Area: 3,192
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Heat pump
  • Heated Square Feet: 3,192
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRYSON & WREN WESTBROOK
  • Land Acres: 0.298
  • Standard Land Use Code: Single family residential
  • Legal Description 1: .298 AC W MARION ST

Ownership

  • Current Owner : STEVENS SETH E
  • Current Owner 2: STEVENS HEATHER L
  • Previous Owner : WESTBROOK BRYSON
  • Previous Owner 2: WESTBROOK WREN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cleveland County Schools
  • School Tax School District: CITY OF SHELBY
  • Census Tract: 951100

Zoning

  • Zoning: RO

Geography

  • Assessors Map Reference: S
  • Account Number: 1325057
  • District: 6
  • Parcel: 17614
  • Block: 4
  • Lot: 5
  • Municipality: SHELBY
  • Latitude: 35.2918
  • Longitude: -81.5449

    Address

  • Full Address: 405 W Marion St
  • Address - House Number: 405
  • Street Direction: W
  • Address - Street Name: Marion
  • Address - Suffix Type: St
  • State: NC
  • City Name: Shelby
  • Carrier Code: C012
  • 4-Digit Zip Code: 5337
  • Zip Code: 28150

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,399
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.2695
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 61
  • Final Value: 231,385
  • High Value: 293,759
  • Low Value: 169,011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $655,000
  • First Open Lien Mortgage Lender: MOUNTAIN BIZCAPITAL INC
  • First Open Lien Mortgage Recording Date: Aug 03, 2022
  • First Open Lien Mortgage Loan Amount: $655,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $114,044
  • Market Land Value: $37,600
  • Market Improvement Value: $76,444

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,044
  • Assessed Land Value: $37,600
  • Assessed Improvements Value: $76,444

    Sales

  • Current Sale Contract Date: Jul 09, 2019
  • Current Sale Recording Date: Jul 10, 2019
  • Current Sale Transaction ID: 11621481929
  • Current Sale Price: $147,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200028200

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Jul 10, 2019
  • First Mortgage Loan Amount: $139,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

About Shelby



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Nearby Rentals

Unit for rent at 541 W Sumter Street, Shelby, NC, 28150

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,900 ft²
541 W Sumter Street, Shelby, NC, 28150 Listing by Christie Ford

Frequently Asked Questions

What neighborhood is 405 West Marion Street located in?
The 405 West Marion Street is a located in the neighborhood of Cleveland in Shelby, Shelby.
What is the average sales price for listings in 405 West Marion Street?
The average sales price for units in 405 West Marion Street is $0 currently.

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