423 Melody Ln
Shelby, NC 28152
4 bd 2 ba 1,936 sqft Built 1973 Lot 20,909 sqft multi_family
Most recent sale
$240,000
May 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 25, 2022 | Sold | $240,000 | Public Record |
| Apr 11, 2022 | Price changed | $250,000 | MLS #3830164 |
| Feb 16, 2022 | Listed | $275,000 | MLS #3830164 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $188,146 | $24,192 | $212,338 | $2,176 |
| 2024 | $188,146 | $24,192 | $212,338 | $1,787 |
| 2023 | $126,790 | $18,144 | $144,934 | $1,787 |
| 2022 | $126,790 | $18,144 | $144,934 | $1,787 |
| 2021 | $126,790 | $18,144 | $144,934 | $1,796 |
| 2020 | $84,663 | $16,934 | $101,597 | $1,306 |
| 2019 | $84,663 | $16,934 | $101,597 | $1,306 |
| 2018 | $84,663 | $16,934 | $101,597 | $1,304 |
| 2017 | $84,663 | $16,934 | $101,597 | $1,278 |
| 2016 | $84,663 | $16,934 | $101,597 | $1,274 |
| 2015 | $108,487 | $18,144 | $126,631 | $1,492 |
| 2014 | $108,487 | $18,144 | $126,631 | $1,492 |
| 2013 | $108,487 | $18,144 | $126,631 | $1,492 |
| 2012 | $108,487 | $18,144 | $126,631 | $1,493 |
| 2011 | $108,487 | $18,144 | $126,631 | $1,485 |
| 2010 | $108,487 | $18,144 | $126,631 | $1,485 |
| 2009 | $108,487 | $18,144 | $126,631 | $1,485 |
Property facts
Year built
1973
Property type
multi_family
Stories
—
Beds
4
Baths
2
Living area
1,936 sqft
Lot size
20,909 sqft
ZIP code
28152
City
Shelby
Street
Melody Ln
Coordinates
35.28512, -81.56415
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,614
Gross rental yield
13.07%
Implied cap rate
8.50%
Trend-extrapolated value
—
Frequently asked questions
When did 423 Melody Ln last sell?
423 Melody Ln most recently sold on May 25, 2022 for $240,000.
What is the current tax assessment for 423 Melody Ln?
The most recent total assessment for 423 Melody Ln (year 2025) is $212,338 with $2,176 in property tax.
How does 423 Melody Ln's assessment compare to its last sale price?
The current assessment is 11.5% below the last sale price of $240,000.
When was 423 Melody Ln built?
423 Melody Ln was built in 1973.
How does 423 Melody Ln compare to others on Melody Ln?
We track 7 other properties on Melody Ln. Browse the list under "Other properties on Melody Ln" to compare beds, baths, and sale history.
What are the property facts for 423 Melody Ln?
423 Melody Ln is a 4 bed, 2 bath, 1,936 sqft, 20,909 sqft lot multi_family.
Is 423 Melody Ln a flip candidate?
No — 423 Melody Ln does not appear in our flips dataset.
Is 423 Melody Ln a tax-appeal candidate?
No — 423 Melody Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.5%
Implied 1-yr
+6.2%
2026 Q3
$301.1K
2026 Q4
$305.3K
ZIP 28152 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melody Ln