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2605 Spring Valley Ter

Shelby, NC 28152

3 bd 1 ba 1,189 sqft Built 1969 Lot 20,473 sqft single_family
Most recent sale
$90,000
Oct 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 24, 2022 Sold $90,000 MLS #3898622
Aug 25, 2022 Listed $89,900 MLS #3898622

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $106,328 $15,540 $121,868 $849
2024 $106,328 $15,540 $121,868 $907
2023 $93,454 $11,100 $104,554 $907
2022 $93,454 $11,100 $104,554 $851
2021 $93,454 $11,100 $104,554 $856
2020 $68,366 $10,212 $78,578 $672
2019 $68,366 $10,212 $78,578 $672
2018 $68,366 $10,212 $78,578 $720
2017 $68,366 $10,212 $78,578 $671
2016 $68,366 $10,212 $78,578 $683
2015 $66,069 $10,212 $76,281 $661
2014 $66,069 $10,212 $76,281 $618
2013 $66,069 $10,212 $76,281 $661
2012 $66,069 $10,212 $76,281 $637
2011 $66,069 $10,212 $76,281 $599
2010 $66,069 $10,212 $76,281 $634
2009 $66,069 $10,212 $76,281 $634

Property facts

Year built
1969
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,189 sqft
Lot size
20,473 sqft
ZIP code
28152
City
Shelby
Street
Spring Valley Ter
Coordinates
35.29206, -81.61026

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
$540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2605 Spring Valley Ter last sell?
2605 Spring Valley Ter most recently sold on Oct 24, 2022 for $90,000.
What is the current tax assessment for 2605 Spring Valley Ter?
The most recent total assessment for 2605 Spring Valley Ter (year 2025) is $121,868 with $849 in property tax.
How does 2605 Spring Valley Ter's assessment compare to its last sale price?
The current assessment is 35.4% above the last sale price of $90,000.
When was 2605 Spring Valley Ter built?
2605 Spring Valley Ter was built in 1969.
How does 2605 Spring Valley Ter compare to others on Spring Valley Ter?
We track 3 other properties on Spring Valley Ter. Browse the list under "Other properties on Spring Valley Ter" to compare beds, baths, and sale history.
What are the property facts for 2605 Spring Valley Ter?
2605 Spring Valley Ter is a 3 bed, 1 bath, 1,189 sqft, 20,473 sqft lot single_family.
Is 2605 Spring Valley Ter a flip candidate?
No — 2605 Spring Valley Ter does not appear in our flips dataset.
Is 2605 Spring Valley Ter a tax-appeal candidate?
Yes — 2605 Spring Valley Ter appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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