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1114 Terrace Dr

Salisbury, NC 28146

3 bd 2 ba 1,608 sqft Built 1982 Lot 20,038 sqft single_family
Most recent sale
$270,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $270,000 MLS #1067832
May 18, 2022 Relisted $240,000 MLS #3849220
Apr 30, 2022 Listed $240,000 MLS #1067832
Sep 30, 2015 Sold $108,000 Public Record
Aug 21, 2015 Listing removed $115,000 Salisbury
Jul 15, 2015 Price changed $115,000 MLS #57537
Mar 28, 2015 Listed $119,900 MLS #57537

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $195,627 $28,500 $224,127 $2,790
2023 $195,627 $28,500 $224,127 $2,680
2022 $119,876 $21,000 $140,876 $1,940
2020 $119,876 $21,000 $140,876 $1,940
2019 $119,876 $21,000 $140,876 $1,940
2018 $95,758 $21,000 $116,758 $1,586
2017 $95,758 $21,000 $116,758 $1,578
2016 $95,758 $21,000 $116,758 $1,534
2015 $95,758 $21,000 $116,758 $1,520
2014 $99,213 $21,000 $120,213 $1,547
2013 $99,213 $21,000 $120,213 $1,491
2012 $99,213 $21,000 $120,213 $1,491
2011 $99,213 $21,000 $120,213 $1,463
2010 $107,505 $21,000 $128,505 $1,499

Property facts

Year built
1982
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,608 sqft
Lot size
20,038 sqft
ZIP code
28146
City
Salisbury
Street
Terrace Dr
Coordinates
35.63703, -80.45738

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,171
Gross rental yield
9.65%
Implied cap rate
6.27%
Trend-extrapolated value

Frequently asked questions

When did 1114 Terrace Dr last sell?
1114 Terrace Dr most recently sold on Jun 17, 2022 for $270,000.
What is the current tax assessment for 1114 Terrace Dr?
The most recent total assessment for 1114 Terrace Dr (year 2025) is $224,127 with $2,790 in property tax.
How does 1114 Terrace Dr's assessment compare to its last sale price?
The current assessment is 17.0% below the last sale price of $270,000.
When was 1114 Terrace Dr built?
1114 Terrace Dr was built in 1982.
How does 1114 Terrace Dr compare to others on Terrace Dr?
We track 8 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 1114 Terrace Dr?
1114 Terrace Dr is a 3 bed, 2 bath, 1,608 sqft, 20,038 sqft lot single_family.
Is 1114 Terrace Dr a flip candidate?
No — 1114 Terrace Dr does not appear in our flips dataset.
Is 1114 Terrace Dr a tax-appeal candidate?
No — 1114 Terrace 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
+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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