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511 College Ave

Shelby, NC 28152

4 bd 7 ba 7,697 sqft Built 1988 Lot 866,408 sqft single_family
Most recent sale
$1,200,000
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 24, 2022 Sold $1,200,000 MLS #3732719
May 1, 2021 Listed $1,390,000 MLS #3732719
Feb 4, 2021 Price changed $1,390,000 MLS #3389932
Dec 8, 2020 Relisted $1,450,000 MLS #3389932
May 11, 2018 Listed $1,450,000 MLS #3389932
May 9, 2018 Listed $1,450,000 MLS #60865

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,076,720 $204,616 $1,281,336 $8,133
2024 $1,076,720 $204,616 $1,281,336 $7,327
2023 $758,038 $165,152 $923,190 $7,327
2022 $758,038 $165,152 $923,190 $7,462
2021 $758,038 $165,152 $923,190 $7,495
2020 $366,563 $154,590 $521,153 $4,459
2019 $366,563 $154,590 $521,153 $4,459
2018 $366,563 $154,590 $521,153 $4,347
2017 $366,563 $154,590 $521,153 $4,347
2016 $366,563 $154,590 $521,153 $4,136
2015 $379,729 $154,590 $534,319 $4,217
2014 $379,729 $154,590 $534,319 $4,217
2013 $379,729 $154,590 $534,319 $4,217
2012 $379,729 $154,590 $534,319 $4,107
2011 $379,729 $154,590 $534,319 $4,086
2010 $379,729 $154,590 $534,319 $4,086
2009 $379,729 $154,590 $534,319 $4,086

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
4
Baths
7
Living area
7,697 sqft
Lot size
866,408 sqft
ZIP code
28152
City
Shelby
Street
College Ave
Coordinates
35.25475, -81.57453

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$10,391
Gross rental yield
10.39%
Implied cap rate
6.75%
Trend-extrapolated value

Frequently asked questions

When did 511 College Ave last sell?
511 College Ave most recently sold on Aug 24, 2022 for $1,200,000.
What is the current tax assessment for 511 College Ave?
The most recent total assessment for 511 College Ave (year 2025) is $1,281,336 with $8,133 in property tax.
How does 511 College Ave's assessment compare to its last sale price?
The current assessment is 6.8% above the last sale price of $1,200,000.
When was 511 College Ave built?
511 College Ave was built in 1988.
How does 511 College Ave compare to others on College Ave?
We track 8 other properties on College Ave. Browse the list under "Other properties on College Ave" to compare beds, baths, and sale history.
What are the property facts for 511 College Ave?
511 College Ave is a 4 bed, 7 bath, 7,697 sqft, 866,408 sqft lot single_family.
Is 511 College Ave a flip candidate?
No — 511 College Ave does not appear in our flips dataset.
Is 511 College Ave a tax-appeal candidate?
No — 511 College Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.5%
Implied 1-yr
+6.2%
2026 Q3
$301.1K
2026 Q4
$305.3K
ZIP 28152 — Median Price History + Forecast

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