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516 Marion St

Shelby, NC 28150

3 bd 2 ba 1,182 sqft Built 1925 Lot 10,019 sqft single_family
Most recent sale
$195,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 13, 2025 Price changed for rent $1,600 AppfolioUnits
Aug 4, 2025 Listed for rent $1,650 AppfolioUnits
Oct 7, 2022 Sold $195,000 MLS #3849659
Jul 15, 2022 Price changed $199,999 MLS #3849659
Jul 12, 2022 Relisted $210,000 MLS #3849659
Jun 4, 2022 Price changed $210,000 MLS #3849659
May 31, 2022 Price changed $218,300 MLS #3849659
May 12, 2022 Listed $218,000 MLS #3849659
Sep 28, 2021 Sold $41,000 MLS #3760524
Sep 9, 2021 Price changed $38,000 MLS #3760524
Sep 2, 2021 Relisted $42,500 MLS #3760524
Jul 12, 2021 Listed $55,000 MLS #3760524
Jul 15, 2020 Sold $260,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $166,528 $11,100 $177,628 $1,350
2024 $166,528 $11,100 $177,628 $870
2023 $106,777 $8,741 $115,518 $870
2022 $106,777 $8,741 $115,518 $125
2021 $1,763 $8,741 $10,504 $127
2020 $1,741 $7,992 $9,733 $121
2019 $1,741 $7,992 $9,733 $121
2018 $1,741 $7,992 $9,733 $121
2017 $1,741 $7,992 $9,733 $118
2016 $1,741 $7,992 $9,733 $118
2015 $9,133 $7,992 $17,125 $215
2014 $9,133 $7,992 $17,125 $215
2013 $9,133 $7,992 $17,125 $215
2012 $9,133 $7,992 $17,125 $213
2011 $9,133 $7,992 $17,125 $212
2010 $9,133 $7,992 $17,125 $212
2009 $9,133 $7,992 $17,125 $212

Property facts

Year built
1925
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,182 sqft
Lot size
10,019 sqft
ZIP code
28150
City
Shelby
Street
Marion St
Coordinates
35.29277, -81.53009

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,596
Gross rental yield
9.82%
Implied cap rate
6.38%
Trend-extrapolated value

Frequently asked questions

When did 516 Marion St last sell?
516 Marion St most recently sold on Oct 7, 2022 for $195,000.
What is the current tax assessment for 516 Marion St?
The most recent total assessment for 516 Marion St (year 2025) is $177,628 with $1,350 in property tax.
How does 516 Marion St's assessment compare to its last sale price?
The current assessment is 8.9% below the last sale price of $195,000.
When was 516 Marion St built?
516 Marion St was built in 1925.
How does 516 Marion St compare to others on Marion St?
We track 8 other properties on Marion St. Browse the list under "Other properties on Marion St" to compare beds, baths, and sale history.
What are the property facts for 516 Marion St?
516 Marion St is a 3 bed, 2 bath, 1,182 sqft, 10,019 sqft lot single_family.
Is 516 Marion St a flip candidate?
Yes — 516 Marion St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 516 Marion St a tax-appeal candidate?
No — 516 Marion St 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
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$297.4K
2026 Q4
$302.5K
ZIP 28150 — Median Price History + Forecast

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