1940 Rainey Rd is a 1,424 square foot house on a 0.45 acre lot with 2 bathrooms. Based on Redfin's Salisbury data, we estimate the home's value is $270,178.
Single-familyProperty Type
1976Year Built
0.45 acresLot Size
$190Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$270,178
$1,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 11.8% lower than the average sale price ($306K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$1,521 (+4.5%)
$32,000 + $182,285
$214,285
2024
$1,456 (+1.4%)
$32,000 + $182,285
$214,285
2023
$1,436 (+40.5%)
$32,000 + $182,285
$214,285
2022
$1,022
$28,000 + $108,659
$136,659
2020
$1,022
$28,000 + $108,659
$136,659
2019
$1,022 (+11.0%)
$28,000 + $108,659
$136,659
2018
$920
$28,000 + $96,180
$124,180
2017
$920
$28,000 + $96,180
$124,180
2016
$920
$28,000 + $96,180
$124,180
2015
$920 (+0.9%)
$28,000 + $96,180
$124,180
2014
$912 (+3.9%)
$28,000 + $100,725
$128,725
2013
$878 (−1.5%)
$28,000 + $100,725
$128,725
2012
$891
$28,000 + $100,725
$128,725
2011
$891
$28,000 + $100,725
$128,725
Tax history for 1940 Rainey Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,521 (+4.5%)
$32,000 + $182,285
$214,285
2024
$1,456 (+1.4%)
$32,000 + $182,285
$214,285
2023
$1,436 (+40.5%)
$32,000 + $182,285
$214,285
2022
$1,022
$28,000 + $108,659
$136,659
2020
$1,022
$28,000 + $108,659
$136,659
2019
$1,022 (+11.0%)
$28,000 + $108,659
$136,659
2018
$920
$28,000 + $96,180
$124,180
2017
$920
$28,000 + $96,180
$124,180
2016
$920
$28,000 + $96,180
$124,180
2015
$920 (+0.9%)
$28,000 + $96,180
$124,180
2014
$912 (+3.9%)
$28,000 + $100,725
$128,725
2013
$878 (−1.5%)
$28,000 + $100,725
$128,725
2012
$891
$28,000 + $100,725
$128,725
2011
$891
$28,000 + $100,725
$128,725
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
RR
Rural Residential
This zoning district is comprised of areas of the county in which moderate levels of single-family housing has occurred or is occurring. In this district, agricultural uses have been replaced to a significant degree with single-family housing. The regulations in this district are intended to provide a land owner with an opportunity to engage in limited business or commercial activities. Multifamily uses are not allowed.
Nov 28, 2022 • Final
Electrical - change of service
Electrical
Sep 2, 2014 • Final
Mechanical - res change
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 740
Basement Type: Unfinished
Heating & Cooling
Heating Type: Heat Pump
Fireplace Information
# of Fireplaces: 1
Fireplace Type: 1 Story 2 Openings
Has Fireplace
Exterior
Exterior Information
Exterior Wall: Brick
Building Type: Single Family
Property Information
Subdivision Name: WOODLAND HILLS
Living Sq. Ft: 1,424
Ground Floor Sq. Ft: 1,424
Building Sq. Ft: 2,164
# of Stories: 1
Legal Description: L3
Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 380
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 19,602
Legal Lot Number: 3
Municipality Name: GOLD HILL
Acres: 0.45
Depth Footage: 201
Front Footage: 98
County Use Description: SINGLE FAMILY DWELLING
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,424
Stories: 1.0
Lot Size: 0.45 acres
Style: Single Family Residential
Year Built: 1976
Year Renovated: 1996
County: Rowan County
APN: 355A056
Home facts updated by county records on Jul 20, 2026
Around this home
Schools
Rockwell Elementary School
Public PreK-5 • Assigned • 2.4mi
4/10
Southeast Middle School
Public 6-8 • Assigned • 4.2mi
1/10
Jesse C Carson High School
Public 9-12 • Assigned • 6.2mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 17 days in 30 years
4/10 Wind Factor
13% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Salisbury, NC • 28146
Average low and high temperatures (°F)
48
26
55
33
69
43
76
51
77
56
87
66
90
71
83
66
80
61
72
49
64
41
52
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.3 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$257,000 – $311,000
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