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1408 Colonial Dr

Salisbury, NC 28144

4 bd 2 ba 2,385 sqft Built 1964 Lot 19,166 sqft single_family
Most recent sale
$320,000
May 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2022 Sold $320,000 MLS #3844335
Apr 4, 2022 Listed $299,000 MLS #3844335

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $276,363 $26,775 $303,138 $3,774
2023 $276,363 $26,775 $303,138 $3,625
2022 $136,161 $24,312 $160,473 $2,209
2020 $136,161 $24,312 $160,473 $2,210
2019 $136,161 $24,312 $160,473 $2,209
2018 $113,888 $24,262 $138,150 $1,877
2017 $113,888 $24,262 $138,150 $1,867
2016 $113,888 $24,262 $138,150 $1,815
2015 $113,888 $24,262 $138,150 $1,799
2014 $118,337 $24,262 $142,599 $1,835
2013 $118,337 $24,262 $142,599 $1,769
2012 $118,337 $24,262 $142,599 $1,769
2011 $118,337 $24,262 $142,599 $1,736
2010 $127,234 $24,262 $151,496 $1,768

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,385 sqft
Lot size
19,166 sqft
ZIP code
28144
City
Salisbury
Street
Colonial Dr
Coordinates
35.68434, -80.50078

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
$3,220
Gross rental yield
12.08%
Implied cap rate
7.85%
Trend-extrapolated value

Frequently asked questions

When did 1408 Colonial Dr last sell?
1408 Colonial Dr most recently sold on May 5, 2022 for $320,000.
What is the current tax assessment for 1408 Colonial Dr?
The most recent total assessment for 1408 Colonial Dr (year 2025) is $303,138 with $3,774 in property tax.
How does 1408 Colonial Dr's assessment compare to its last sale price?
The current assessment is 5.3% below the last sale price of $320,000.
When was 1408 Colonial Dr built?
1408 Colonial Dr was built in 1964.
How does 1408 Colonial Dr compare to others on Colonial Dr?
We track 8 other properties on Colonial Dr. Browse the list under "Other properties on Colonial Dr" to compare beds, baths, and sale history.
What are the property facts for 1408 Colonial Dr?
1408 Colonial Dr is a 4 bed, 2 bath, 2,385 sqft, 19,166 sqft lot single_family.
Is 1408 Colonial Dr a flip candidate?
No — 1408 Colonial Dr does not appear in our flips dataset.
Is 1408 Colonial Dr a tax-appeal candidate?
No — 1408 Colonial 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
+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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