515 Salem Rd
Morganton, NC 28655
4 bd 1 ba 2,452 sqft Built 1948 Lot 21,780 sqft single_family
Most recent sale
$228,000
Jul 25, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 16, 2024 | Price changed | $220,000 | CanopyMLS |
| Nov 6, 2023 | Price changed | $249,900 | CanopyMLS |
| Oct 16, 2023 | Price changed | $257,000 | CanopyMLS |
| Oct 2, 2023 | Price changed | $279,900 | CanopyMLS |
| Sep 1, 2023 | Price changed | $285,900 | CanopyMLS |
| Aug 11, 2023 | Listed | $293,500 | CanopyMLS |
| Jul 25, 2023 | Sold | $228,000 | Public Record |
| Jul 12, 2023 | Listing removed | — | CanopyMLS |
| Jun 25, 2023 | Listed | $310,000 | CanopyMLS |
| Jun 16, 2023 | Listing removed | — | CanopyMLS |
| Jun 8, 2023 | Price changed | $329,999 | CanopyMLS |
| Jun 1, 2023 | Price changed | $334,900 | CanopyMLS |
| May 8, 2023 | Price changed | $344,900 | CanopyMLS |
| Apr 16, 2023 | Listed | $349,000 | CanopyMLS |
| Apr 15, 2023 | Listing removed | — | CanopyMLS |
| Mar 27, 2023 | Price changed | $337,500 | CanopyMLS |
| Feb 25, 2023 | Price changed | $340,000 | CanopyMLS |
| Feb 20, 2023 | Price changed | $342,000 | CanopyMLS |
| Feb 11, 2023 | Listed | $350,000 | CanopyMLS |
| Dec 30, 2020 | Sold | $210,000 | CanopyMLS |
| Mar 3, 2016 | Listing removed | $32,000 | BurkeCounty |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $251,570 | $13,000 | $264,570 | $1,824 |
| 2023 | $278,159 | $13,000 | $291,159 | $1,926 |
| 2022 | $189,174 | $11,000 | $200,174 | $1,673 |
| 2021 | $189,174 | $11,000 | $200,174 | $1,607 |
| 2020 | $155,550 | $11,000 | $166,550 | $1,346 |
| 2019 | $155,550 | $11,000 | $166,550 | $1,346 |
| 2018 | $119,625 | $11,000 | $130,625 | $1,071 |
| 2017 | $41,515 | $11,000 | $52,515 | $471 |
| 2016 | $39,664 | $11,000 | $50,664 | $442 |
| 2015 | $39,583 | $11,000 | $50,583 | $438 |
| 2014 | $39,583 | $11,000 | $50,583 | $437 |
| 2013 | $39,583 | $11,000 | $50,583 | $437 |
| 2012 | $41,558 | $17,500 | $59,058 | $401 |
| 2011 | $41,558 | $17,500 | $59,058 | $400 |
| 2010 | $61,151 | $24,360 | $85,511 | $551 |
| 2009 | $61,151 | $24,360 | $85,511 | $549 |
| 2008 | $61,151 | $24,360 | $85,511 | $549 |
| 2007 | $61,151 | $24,360 | $85,511 | $533 |
Property facts
Year built
1948
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
2,452 sqft
Lot size
21,780 sqft
ZIP code
28655
City
Morganton
Street
Salem Rd
Coordinates
35.70537, -81.70145
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,368
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 515 Salem Rd last sell?
515 Salem Rd most recently sold on Jul 25, 2023 for $228,000.
What is the current tax assessment for 515 Salem Rd?
The most recent total assessment for 515 Salem Rd (year 2025) is $264,570 with $1,824 in property tax.
How does 515 Salem Rd's assessment compare to its last sale price?
The current assessment is 16.0% above the last sale price of $228,000.
When was 515 Salem Rd built?
515 Salem Rd was built in 1948.
How does 515 Salem Rd compare to others on Salem Rd?
We track 8 other properties on Salem Rd. Browse the list under "Other properties on Salem Rd" to compare beds, baths, and sale history.
What are the property facts for 515 Salem Rd?
515 Salem Rd is a 4 bed, 1 bath, 2,452 sqft, 21,780 sqft lot single_family.
Is 515 Salem Rd a flip candidate?
No — 515 Salem Rd does not appear in our flips dataset.
Is 515 Salem Rd a tax-appeal candidate?
Yes — 515 Salem Rd 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 valuationQuarterly trend
+3.3%
Implied 1-yr
+13.3%
2026 Q3
$360.7K
2026 Q4
$370.6K
ZIP 28655 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Salem Rd