For Sale $324,000
Don't miss this incredible chance to own a spacious 4-bedroom, 3-full bath home that offers both flexibility and value. The recent PRICE REDUCTION makes this property a must-see! NEW IMPROVEMENT: Seller is having the carpets removed in the upstairs bedrooms, living room, foyer and dining room and the floors refinished. The REFRESH on the HARDWOOD FLOORS has begun 12-8-25! Key Highlights: Income/Flexibility Potential: The home is perfectly set up with two separate living spaces and separate entrances, making it ideal for a rental unit, an in-law suite, or private guest quarters. Main Level Living: The main floor is designed for comfort and entertaining, featuring a spacious separate living room, dining room, and a cozy den. It includes three comfortable bedrooms, with the main bedroom offering a private ensuite bath. Chef's Kitchen: The eat-in kitchen boasts ample counter space, granite countertops, and a gas cooktop—a true delight for any home cook. Expansive Basement: The lower level offers tremendous versatility, featuring a large open living space with a fireplace, perfect for a family room or media room. It also includes a dedicated bedroom, a full bathroom, an office, and a separate workshop. With this much space and so many distinct living areas, the opportunities for use—from multi-generational living to a home office setup—are truly endless. Come see the potential today! Close to downtown, restaurants and shopping. Very convenient location.
Attic Other
| List Price: | $324,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1752 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4287142 |
| Subdivision: | none |
| Style: | Ranch |
| Bathrooms: | 3 |
| Year Built: | 1961 |
| Sewer Type: | Public Sewer |
| Elementary: | Jefferson |
| Middle: | Shelby |
| High: | Shelby |
| Date | Event | Price | $/SQFT |
| 11-28-2025 | Price Decrease | $324,000-4.42% | $185 |
| 08-30-2025 | Listed | $339,000 | $194 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Pinnacle Classical Academy | 2 miles | KG-06 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 505 Richards Drive, Shelby NC | 0 mi | $324,000 | days | |
| 507 Richards Drive, Shelby NC | 0 mi | $449,000 | days | |
| 506 Richards Drive, Shelby NC | 0.1 mi | $339,900 | days | |
| 404 Yorkfield Drive, Shelby NC | 0.1 mi | $799,000 | days | |
| 912 Parkwood Road, Shelby NC | 0.1 mi | $339,000 | days | |
| 914 Parkwood Road, Shelby NC | 0.1 mi | $289,900 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Clay & Associates Real Estate
505 Richards Drive, Shelby NC is a 1752 ft2 on a 0.490 acres Appraisal lot. This is for $324,000. This has 4 bedrooms, 3 baths, and was built in 1961.
Based on information submitted to the MLS GRID as of 2025-08-30 10:41:45 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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