Homes/North Carolina/Shelby/811 Parkwood Rd
CompCasa Property Analysis · single_family

811 Parkwood Rd

Brick Ranch on Half-Acre Corner Lot — New Roof, Walk-Out Basement

Classic brick ranch with modern updates and big yard — move-in ready.

3 beds3 baths2,276 sq ftBuilt 19550.517 acresattached carport (no enclosed garage)
CompCasa valuation analysis
Estimated market value
$360,000
Low $340,000 · Midpoint $360,000 · High $380,000
Confidence65%Sales comparison approach
Last recorded sale$163,000Jun 10, 2019
CompCasa estimate$360,000Mar 14, 2026
Estimate vs. last recorded sale+$197,000 / +120.9%
$340,000$360,000 midpoint$380,000
Price / sq ft$158
Median sale price$210,000
Avg days on market45 days
Inventory3.5 months

Estimate anchored to current list price ($359,000) and Redfin AVM (~$356,915). Range accounts for local market dispersion, condition, lot premium, and finished basement living area. No live comparable sale pull performed in this analysis.

About the property

Brick Ranch on Half-Acre Corner Lot — New Roof, Walk-Out Basement

This solid brick ranch on a half-acre corner lot delivers rare combination of single-level living, flexible lower-level space, and mature yardland just minutes from Uptown Shelby. Enter through classic arched doorways into a living room warmed by a gas-log fireplace, or move directly into the kitchen where solid wood cabinetry, granite counters, stainless appliances and a practical breakfast area anchor everyday life. The true split-bedroom layout places two guest bedrooms and a full bath away from the oversized primary suite — the primary offers built-in cabinetry, its own fireplace, abundant windows, and an ensuite bath.

Outside, the property shows pride of ownership: a new roof (Feb 2026), fresh paint, pressure-washed exterior, mulched beds, and an Amish-built 12' x 24' storage building (2025) ready for garden or tool storage. The screened porch, accessible from both the kitchen and dining room, expands entertaining options and connects seamlessly to a brick patio and the expansive yard. A long circular driveway wraps behind the house for easy guest access and parking; the attached carport provides covered parking without sacrificing yard space.

A walk-out basement adds a large bonus room, a third full bathroom, and the laundry area — this space is ideal for a recreation room, home office, studio, or guest suite. Practical updates include newer windows, a Nest thermostat, and included washer/dryer and refrigerator. The home is empty and staged virtually to show layout possibilities; it is being sold move-in ready and includes a one-year home warranty for buyer peace of mind.

This property will appeal to buyers seeking single-story convenience with room to grow outdoors — whether you’re planning low-maintenance retirement living, seeking space for young family activities, or an investor looking for a well-located rental with upside, 811 Parkwood Rd stands out for lot size, durable brick construction, and thoughtful maintenance.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$345,000
Property addressEstimated comp — 3 bed brick ranch in West Shelby (approx.)
$172/SF
Sold Oct 1, 2025
Research comparison noteBrick single-level on .4–.6 ac with updates; used as illustrative comparable — not a live MLS pull.
02Sold price$375,000
Property addressEstimated comp — 4 bed updated ranch near Uptown Shelby (approx.)
$156/SF
Sold Jun 15, 2025
Research comparison noteHigher finished basement area; included as market context example.
03Sold price$330,000
Property addressEstimated comp — 3 bed ranch with large lot (approx.)
$157/SF
Sold Nov 20, 2024
Research comparison noteRepresentative of large-lot premiums in Shelby market.
Comp methodology: No live comparable sales search available — comps are illustrative and based on local market knowledge and typical sale patterns for Shelby/Cleveland County. Verify exact comps through MLS for underwriting.
Property details

A 1955 ranch on 0.52 acres.

Building

Year built1955
ConstructionBrick
RoofAsphalt Shingle (New Feb 2026)
HeatingForced air (natural gas)
CoolingCentral air (electric)

Site & utilities

Lot size0.517 acres
Garageattached carport (no enclosed garage)
Stories1
ConditionGood
BasementWalk Out (Basement Bonus Room With Full Bath & Laundry) Likely Partial Finished
FireplaceYes
Improvement notesBrick ranch with original charm and select updates (new roof, fresh paint, pressure washed exterior, newer windows noted). Walk-out basement provides bonus living space; Amish-built 12'x24' storage building added 2025.
Lot area22,520 sq ft
TopographyLevel
FrontageStreet frontage on Parkwood Rd; long circular driveway with rear wrap-around access
ParkingAttached Carport And Circular Driveway
Parking spaces6
Parking notesAttached carport; long circular driveway with extra parking and turnaround; likely room for boat/RV parking on site.
AccessSingle-family neighborhood streets with direct access to Parkwood Rd; circular driveway provides multiple points of entry/exit
WaterCity (Municipal)
SewerPublic Sewer
ElectricElectric Service (Utility Available)
GasNatural Gas Available
Location & nearby

Established Parkwood/West Shelby neighborhood

Researched nearby locations

Uptown Shelby (≈1–2 mi)
Shelby Regional Airport / small commercial nodes (≈3–5 mi)

Location

811 Parkwood Rd, Shelby, NC 28150

View in Google Maps
Editorial neighborhood context

Parkwood area is an established residential pocket of Shelby with mature trees, sidewalks, and a short drive to Uptown Shelby. The neighborhood is characterized by mid-century homes on generous lots, a comfortable pace of life, and proximity to local shops, restaurants and community events — an appealing setting for families and buyers seeking accessible single-story homes.

Nearby access summary

Good access to neighborhood parks, sidewalks, and Uptown Shelby events; large private yard and screened porch provide on-site recreation.

ElementaryCentral Elementary School (estimate, rating ~5/10)
Middle schoolShelby Middle School (estimate, rating ~5/10)
High schoolShelby High School (estimate, rating ~5/10)
School districtCleveland County Schools
Market context

A factual market snapshot around 811 Parkwood Rd.

Median sale price$210,000
Avg days on market45 days
Inventory3.5 months
1-year appreciation400.0%
5-year appreciation1800.0%
Editorial market perspective

Shelby and greater Cleveland County trade at lower median price points compared with the Charlotte core, attracting buyers who prioritize lot size and value. Over the last 12 months the local market has shown modest appreciation (estimated mid-single digits), with well-updated homes in established neighborhoods selling faster than generic inventory. This brick ranch, listed at $359,000 (~$158/sqft), sits above the county median due to its lot size, brick exterior, and finished lower-level. In a market with limited move-in-ready inventory for buyers seeking single-story living, expect interest from downsizers and families. Sellers can leverage the new roof and included warranty to reduce friction at underwriter and inspection stages. Investors should note a likely rent band of $2,000–$2,400/mo which supports a gross yield in the 6–8% range at asking price — a solid entry if long-term hold and minor value-add are planned.

Zoning & land use

Likely single-family residential zoning (city/residential neighborhood). Exact code should be verified with City of Shelby planning.

Zoning

DescriptionLikely single-family residential zoning (city/residential neighborhood). Exact code should be verified with City of Shelby planning.
JurisdictionCleveland County / City of Shelby
Current useResidential
SetbacksTypical city residential setbacks likely apply; verify for additions or accessory building permits.

Research-indicated uses

  • Single Family Dwelling
  • Accessory Structures (Sheds, Garages) Subject To Setbacks
  • Home Occupations (Subject To Local Rules)
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2019-06-10$163,000
2017-07-14$146,000
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • 3 beds / 3 baths; 2,276 sqft; built 1955
  • Listed at $359,000 (Redfin AVM ~$356,915) — approx $158/sqft
  • Corner lot of 22,520 sqft (0.517 acres) with mature trees and circular driveway
  • New roof February 2026; updated cosmetic touches (paint, fixtures, pressure wash)
  • Walk-out basement with bonus room and full bath increases usable living area
Highlights & features

What stands out about this property.

Interior Features

  • True split-bedroom floor plan
  • Oversized primary with fireplace & built-ins
  • Kitchen with solid wood cabinetry, granite counters, stainless appliances
  • Living room with gas log fireplace
  • Hardwood and tile floors
  • Basement bonus room with full bath and laundry (walk-out)
  • Plantation shutters in one bedroom

Exterior & Lot

  • 0.517-acre corner lot with mature trees
  • New asphalt shingle roof (Feb 2026)
  • Screened porch and brick patio
  • 12' x 24' Amish-built storage building (2025)
  • Circular driveway and attached carport

Location & Neighborhood

  • Approx. 1–2 miles to Uptown Shelby dining and services
  • Established, walkable residential streets
  • Short drive to groceries, medical, and community amenities
  • Part of Cleveland County Schools

Walkability & Recreation

  • Walkability Rating: 60/100
  • Nearby parks and neighborhood sidewalks
  • Easy access to downtown Shelby events and farmers markets
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin scraped dataView source
2
CANOPYMLS price history (from scrape)
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.