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2475 Shelton Ave, Statesville, NC, 28677

2beds
1baths
849sqft
$249,000
$293price/sqft
$1,693/moest. monthly cost
$67,720/yrincome needed

About This Home

Nearly an acre (0.88) of possibility in Statesville. This 2 bedroom, 1 bath home offers comfortable living space – but the real story here is the land and the outbuildings. In addition to the home, the property includes a large shop/shed with parking, a detached garage, and a third storage shed – all with electricity. Covered carport located on property as well. A rare combined storage and workspace opportunity on one lot. The rear portion of the property, set back from the road, offers potential for an additional residence (buyer to verify with county). Hook-ups in place for gas range, dishwasher, refrigerator, gas dryer, and washer. Whether you're an investor or looking for room to build, this property offers flexibility that's hard to find at this price point.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

6/10
2/10
Troutman Middle SchoolGrades 6-82.4 mi
5/10
South Iredell High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1941

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None
  • Laundry features: Gas Dryer Hookup,In Kitchen,Main Level,Washer Hookup

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 849

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 849
  • Total interior livable area: 849 sqft

Kitchen

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 4732762104.000
  • Zoning: RS
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Front Porch

Lot

  • Lot size: 0.88 Acres
  • Features: Cleared,Level

Parking

  • Total spaces: 3
  • Parking features: Detached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 3
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Strong Wind
Tornado
Cold Wave
Winter Weather

FEMA Declared Disasters in Iredell County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,259$15,108
Home Insurance *$97$1,164
Property Taxes $137$1,644
Electricity $200$2,405
Total$1,693$20,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,045/yr
40% on housing$50,790/yr
45% on housing$45,146/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.7%
15.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$293This listing

vs Other Active Listings

Avg $/sqft

ZIP 28677$130
Iredell County$213

vs Homes Sold Last Month

Median $/sqft

ZIP 28677$173
Iredell County$191

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-17Price change$189,000
2026-08-11Price change$197,000
2026-08-06Price change$209,000
2026-07-12Listed for sale$249,000
1958-06-01Sold$8,250

For Sale by Agent

AgentReiggin Hilderbrand
BrokerageThe Plumb Line Realty, Inc.

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