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740 Rainey Rd

Salisbury, NC 28146

3 bd 2 ba 1,875 sqft Built 1980 Lot 78,408 sqft single_family
Most recent sale
$340,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $340,000 MLS #3865126
May 25, 2022 Listed $300,000 MLS #3865126
Mar 15, 2005 Sold $152,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $234,225 $45,440 $279,665 $1,985
2023 $234,225 $45,440 $279,665 $1,873
2022 $129,511 $34,468 $163,979 $644
2020 $129,511 $34,468 $163,979 $645
2019 $129,511 $34,468 $163,979 $645
2018 $119,689 $34,468 $154,157 $623
2017 $119,689 $34,468 $154,157 $623
2016 $119,689 $34,468 $154,157 $1,143
2015 $119,689 $34,468 $154,157 $1,143
2014 $126,956 $34,468 $161,424 $1,145
2013 $126,956 $34,468 $161,424 $1,101
2012 $126,956 $34,468 $161,424 $1,101
2011 $126,956 $34,468 $161,424 $1,101
2010 $139,790 $34,468 $174,258 $1,141

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,875 sqft
Lot size
78,408 sqft
ZIP code
28146
City
Salisbury
Street
Rainey Rd
Coordinates
35.57759, -80.44784

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,531
Gross rental yield
8.93%
Implied cap rate
5.81%
Trend-extrapolated value

Frequently asked questions

When did 740 Rainey Rd last sell?
740 Rainey Rd most recently sold on Jun 29, 2022 for $340,000.
What is the current tax assessment for 740 Rainey Rd?
The most recent total assessment for 740 Rainey Rd (year 2025) is $279,665 with $1,985 in property tax.
How does 740 Rainey Rd's assessment compare to its last sale price?
The current assessment is 17.7% below the last sale price of $340,000.
When was 740 Rainey Rd built?
740 Rainey Rd was built in 1980.
How does 740 Rainey Rd compare to others on Rainey Rd?
We track 8 other properties on Rainey Rd. Browse the list under "Other properties on Rainey Rd" to compare beds, baths, and sale history.
What are the property facts for 740 Rainey Rd?
740 Rainey Rd is a 3 bed, 2 bath, 1,875 sqft, 78,408 sqft lot single_family.
Is 740 Rainey Rd a flip candidate?
No — 740 Rainey Rd does not appear in our flips dataset.
Is 740 Rainey Rd a tax-appeal candidate?
No — 740 Rainey Rd 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
+1.6%
Implied 1-yr
+6.2%
2026 Q3
$366.9K
2026 Q4
$372.1K
ZIP 28146 — Median Price History + Forecast

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