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1516 2nd St

Salisbury, NC 28144

2 bd 2 ba 1,073 sqft Built 1938 Lot 7,405 sqft single_family
Most recent sale
$175,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $175,000 MLS #3869680
Jun 10, 2022 Listed $175,000 MLS #3869680
Jan 12, 2022 Sold $110,800 MLS #3812935
Dec 13, 2021 Listed $100,000 MLS #3812935
Feb 22, 2018 Sold $80,000 Public Record
Jun 29, 2007 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $157,438 $25,452 $182,890 $2,276
2023 $150,224 $18,180 $168,404 $2,014
2022 $59,132 $15,150 $74,282 $1,022
2020 $59,132 $15,150 $74,282 $1,023
2019 $59,132 $15,150 $74,282 $1,023
2018 $47,193 $15,150 $62,343 $847
2017 $47,193 $15,150 $62,343 $843
2016 $47,193 $15,150 $62,343 $819
2015 $47,193 $15,150 $62,343 $812
2014 $49,287 $14,140 $63,427 $817
2013 $49,287 $14,140 $63,427 $787
2012 $49,287 $14,140 $63,427 $787
2011 $49,287 $14,140 $63,427 $772
2010 $54,119 $14,140 $68,259 $797

Property facts

Year built
1938
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,073 sqft
Lot size
7,405 sqft
ZIP code
28144
City
Salisbury
Street
2nd St
Coordinates
35.65814, -80.49127

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,449
Gross rental yield
9.94%
Implied cap rate
6.46%
Trend-extrapolated value

Frequently asked questions

When did 1516 2nd St last sell?
1516 2nd St most recently sold on Jul 15, 2022 for $175,000.
What is the current tax assessment for 1516 2nd St?
The most recent total assessment for 1516 2nd St (year 2025) is $182,890 with $2,276 in property tax.
How does 1516 2nd St's assessment compare to its last sale price?
The current assessment is 4.5% above the last sale price of $175,000.
When was 1516 2nd St built?
1516 2nd St was built in 1938.
How does 1516 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 1516 2nd St?
1516 2nd St is a 2 bed, 2 bath, 1,073 sqft, 7,405 sqft lot single_family.
Is 1516 2nd St a flip candidate?
Yes — 1516 2nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1516 2nd St a tax-appeal candidate?
No — 1516 2nd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.0%
Implied 1-yr
+7.8%
2026 Q3
$307.7K
2026 Q4
$313.1K
ZIP 28144 — Median Price History + Forecast

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