Sold
Last Sold Price
3 beds1,381 sqft$35/sqft
516 Rowan Mill Rd, Salisbury, NC 28147
Single FamilyProperty Type
0.34 acresLot Size
1950Year Built
$35/sq ftPrice per sq ft
2 carsParking Spaces

Description

Great investment opportunity. Good location between Hwy 29 and Hwy 150. New tenant in place for $750/month. Bedroom 3 has no closet.Great investment opportunity. Good location between Hwy 29 and Hwy 150. New tenant in place for $750/month. Bedroom 3 has no closet.
  • Listed by: • Apple House Realty Inc.
Listing closed: 08/05/2009 12:00 AM • Source: CANOPY, MLS#: 847864

Recent comparable sales

Median sold price

$205,000

Avg days on market

49

Sale-to-list ratio

94.9%

Salisbury, NC

9 comparable properties found

$249,000 | 609 Rowan Mill Road, Salisbury, NC 28147
1/38
1

$249,000

Sold 06/09/25

3
Bedrooms
1,564
Square Feet
0.5
Acres
$205,000 | 1502 Ludwick Heights Lane, Salisbury, NC 28147
1/7
2

$205,000

Sold 09/30/25

3
Bedrooms
1,435
Square Feet
0.6
Acres
$290,000 | 228 Maupin Avenue, Salisbury, NC 28144
1/14
3

$290,000

Sold 02/25/25

3
Bedrooms
1,468
Square Feet
0.2
Acres
a front view of a house with a garden
1/28
4

$205,000

Sold 02/03/25

3
Bedrooms
1,383
Square Feet
0.41
Acres
$120,000 | 1212 Bell Street, Salisbury, NC 28144
1/3
5

$120,000

Sold 03/06/25

3
Bedrooms
1,420
Square Feet
0.17
Acres
$250,000 | 218 Queen Anne Road, Salisbury, NC 28144
1/41
6

$250,000

Sold 04/30/26

3
Bedrooms
Unavailable
Square Feet
0.26
Acres
$118,500 | 307 West McCubbins Street, Salisbury, NC 28144
1/15
7

$118,500

Sold 02/28/25

3
Bedrooms
1,220
Square Feet
0.01
Acres
a front view of a house with a yard
1/37
8

$199,000

Sold 04/11/25

3
Bedrooms
1,308
Square Feet
0.27
Acres
a front view of a house with a yard
1/38
9

$216,000

Sold 03/31/25

3
Bedrooms
1,205
Square Feet
0.24
Acres

Location

Add your commute

Payment Calculator

$392 per month

30 year fixed, 6.55% Interest

Principal and Interest

$244

Property Taxes

$148

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 516 Rowan Mill Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • County: Rowan County
  • Parking Features: Parking Space(s)
  • Subdivision Name: None
Building Information
  • Year Built: 1950
  • Lot Size: 0.34 AC / 14,810 SF
Summary
Location and General Information
  • Longitude: -80.507769
  • Zoning: SFR
  • Unparsed Address: 516 Rowan Mills Road, Salisbury NC 28144
  • Country: US
  • Latitude: 35.65133
  • Directions: Hwy 29/South Main to Rowan Mills Road. Property on the right - turn on gravel road (to the left of the home) and then turn right into concrete drive.
Taxes and HOA Information
  • HOA YN: No
  • Tax Annual Amount: $438.23
  • Tax Assessed Value: $36,982.00
  • Parcel Number: 461A 003
  • City Taxes Paid To: Salisbury
School Information
  • Middle Or Junior School: Knox
  • High School: Salisbury
  • Elementary School: Knollwood
Parking
  • Parking: Open Spaces: 2.0
  • Parking: Open Parking YN: Yes
  • Parking: Other: (Parking Spaces: 2)
  • Garage Spaces: 0.0
Property
Lot Information
  • Above Grade Finished Area: 1381.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 1381
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Sq Ft Total Property HLA: 1381.0
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.34
  • Lot Size Dimensions: 100 x 150
  • Lot Size Units: Acres
  • Property Attached YN: No
  • Property Type: Residential
Property and Assessments
  • New Construction YN: No
  • Photos Count: 1
  • Assumable: No
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Road Surface Type: Concrete
Interior Features
  • Appliances: Electric Water Heater
  • Levels: One
  • Cooling: Ceiling Fan(s)
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Porch
  • Fireplaces Total: 0
  • Fireplace YN: No
  • Flooring: Carpet, Wood
  • Basement Features: Crawl Space
  • Bedroom Main: 3
  • Full Bath Main: 1
  • Half Bath Main: 0
Room Information
Room Information
  • Room Count: 6.0
Room 1
  • Room Types: Bathroom-Full
  • Room Level: Main
Room 2
  • Room Types: Living Room
  • Room Level: Main
Room 3
  • Room Types: Dining Room
  • Room Level: Main
Room 4
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 5
  • Room Types: Bedroom(s)
  • Room Level: Main
Room 6
  • Room Types: Kitchen
  • Room Level: Main

Property History for 516 Rowan Mill Road

DateEvent & SourcePriceAppreciation
Aug 5, 2009

Closed

CANOPY #847864

$48,000
Aug 5, 2009

Closed

CANOPY #48326

$48,000
Aug 5, 2009

Closed

TRIAD #522311

$48,000
DateEvent & SourcePrice
08/05/2009

Closed

CANOPY #847864

$48,000
08/05/2009

Closed

CANOPY #48326

$48,000
08/05/2009

Closed

TRIAD #522311

$48,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 516 Rowan Mill Road

Taxable ValueLand$32,825Additions$115,180Total$148,005
Tax Record2026$1,770 ($148 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,300 SqFtAbove Grade Finished SqFt1,300 SqFtStories1Lot Size14,985 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated2005CountyROWANAPN461A030

Schools near 516 Rowan Mill Road

This home is within Rowan-Salisbury School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Knollwood Elementary School
PublicPK to 5

North Rowan Middle School
Public6 to 8

Salisbury High School
Public9 to 12

Rowan County Early College
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 516 Rowan Mill Road, Salisbury, NC 28147
$48,000
3
1,381
14,810
1
1,050
14,985
$15,000
14,810
2,997
30,013
$61,000
3
1,050
29,620
1
758
19,994

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Apple House Realty Inc.

Based on information submitted to the MLS GRID as of 04/01/2021 05:03 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.