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$324,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • Updated 8 days ago
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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: Freshly refinished HARDWOOD FLOORS! The floors are gleaming! MUST SEE! 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.

Full Property Details for 505 Richards Dr

General

  • Price: $324,000
  • Status: Pending
  • Type: Single Family
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4287142
  • Updated: 1/7/2026
  • Added to Site: 154 day(s) ago

Interior

  • Interior Features: Attic Other
  • Fireplace: Yes
  • Fireplace(s): Den, Insert, Other - See Remarks, Den, Insert, Other - See Remarks
  • Appliances: Dishwasher, Dryer, Electric Oven, Gas Cooktop, Refrigerator, Washer, Other
  • Flooring: Carpet, Tile, Vinyl, Wood, Other - See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main - Full Baths: 2
  • Basement Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms-B: 1
  • Bedrooms Main & Up: 3

Other Rooms

  • Laundry: In Basement, Inside

Parking

  • Parking Features: Driveway

Location

  • County: Cleveland
  • Driving Directions: From Marion St (Business Hwy 74), turn onto Peach Street. Turn left on Meadowbrook Lane. Turn right onto Richards Drive. Property on the left.

School Information

  • Elementary School: Jefferson
  • Middle School: Shelby
  • High School: Shelby

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: City, Other - See Remarks
  • Utility Description: Cable Available, Electricity Connected, Natural Gas

Structural Information

  • Architectural Style: Ranch
  • Construction: Site Built
  • Exterior Const.: Brick Full
  • Basement: Yes
  • Basement Desc.: Basement Shop, Partially Finished, Storage Space, Walk-Out Access
  • Roof: Architectural Shingle
  • Main/1st Level: 1,752 Sq. Ft.
  • Year Built: 1961

Lot Features

  • Lot Dimensions: 108 x 200
  • Street/Road Desc.: Concrete, Paved
  • Rcmdd Zoning: R-10

Horse Property

  • Horse Facility Desc.: None

Financial Considerations

  • Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

  • Property ID: 21099
  • Lot Number: 1929-2095

Listed by Clay & Associates Real Estate

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Listing agent

— 505 Richards Dr —

  • Clay & Associates Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 505 Richards Dr

School District:Cleveland County Schools
NameGradesDistance
Jefferson Elementary, Shelby, NC
1166 Wyke Road, Shelby, NC 28150
PK-41.1 mi
Elizabeth Elementary
220 South Post Road, Shelby, NC 28152
5-61.3 mi
Shelby Middle
1480 South Dekalb Street, Shelby, NC 28152
7-82.5 mi
Shelby High
230 East Dixon Boulevard, Shelby, NC 28152
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 505 Richards Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/24/2025
Price Reduced
$324,000
-4.42%
MLS
8/15/2025
Listed
$339,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 505 Richards Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,590
54%
$260,332
95%
2019
$1,682
—
$133,576
—
2018
$1,680
2%
$133,576
—
2017
$1,647
—
$133,576
—
2016
$1,644
-9%
$133,576
-14%
2015
$1,811
—
$155,952
—
2014
$1,811
—
$155,952
—
2013
$1,809
—
$155,952
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Clay & Associates Real Estate

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505 Richards Drive, Shelby, NC 28150 (MLS# 4287142) is a Single Family property with 4 bedrooms and 3 full bathrooms. 505 Richards Drive is currently listed for $324,000 and was received on August 15, 2025. Want to learn more about 505 Richards Drive? Do you have questions about finding other Single Family real estate for sale in Shelby? You can browse all Shelby real estate or contact a Coldwell Banker agent to request more information.

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