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318 Cedar Dr

Salisbury, NC 28147

3 bd 2 ba 1,212 sqft Built 1990 Lot 24,829 sqft single_family
Most recent sale
$230,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $230,000 MLS #3837290
Mar 29, 2022 Listed $185,000 MLS #3837290

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $104,200 $26,000 $130,200 $908
2023 $104,200 $26,000 $130,200 $882
2022 $72,389 $16,500 $88,889 $671
2020 $72,389 $16,500 $88,889 $664
2019 $72,389 $16,500 $88,889 $664
2018 $56,345 $16,500 $72,845 $539
2017 $56,345 $16,500 $72,845 $539
2016 $56,345 $16,500 $72,845 $539
2015 $56,345 $16,500 $72,845 $538
2014 $57,829 $16,500 $74,329 $523
2013 $57,829 $16,500 $74,329 $503
2012 $57,829 $16,500 $74,329 $503
2011 $57,829 $16,500 $74,329 $494
2010 $62,583 $16,500 $79,083 $502

Property facts

Year built
1990
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,212 sqft
Lot size
24,829 sqft
ZIP code
28147
City
Salisbury
Street
Cedar Dr
Coordinates
35.64245, -80.55833

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
$1,636
Gross rental yield
8.54%
Implied cap rate
5.55%
Trend-extrapolated value

Frequently asked questions

When did 318 Cedar Dr last sell?
318 Cedar Dr most recently sold on May 26, 2022 for $230,000.
What is the current tax assessment for 318 Cedar Dr?
The most recent total assessment for 318 Cedar Dr (year 2025) is $130,200 with $908 in property tax.
How does 318 Cedar Dr's assessment compare to its last sale price?
The current assessment is 43.4% below the last sale price of $230,000.
When was 318 Cedar Dr built?
318 Cedar Dr was built in 1990.
How does 318 Cedar Dr compare to others on Cedar Dr?
We track 7 other properties on Cedar Dr. Browse the list under "Other properties on Cedar Dr" to compare beds, baths, and sale history.
What are the property facts for 318 Cedar Dr?
318 Cedar Dr is a 3 bed, 2 bath, 1,212 sqft, 24,829 sqft lot single_family.
Is 318 Cedar Dr a flip candidate?
No — 318 Cedar Dr does not appear in our flips dataset.
Is 318 Cedar Dr a tax-appeal candidate?
No — 318 Cedar Dr 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
+3.6%
Implied 1-yr
+14.3%
2026 Q3
$483.9K
2026 Q4
$497.9K
ZIP 28147 — Median Price History + Forecast

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