550 E Ridge Rd is a 1,050 square foot house on a 0.7 acre lot with 1 bathroom. Based on Redfin's Salisbury data, we estimate the home's value is $181,862.
Single-familyProperty Type
1980Year Built
0.7 acresLot Size
$173Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$181,862
$2,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 26% lower than the average sale price ($246K) 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
$677
$28,000 + $73,067
$101,067
2024
$677
$28,000 + $73,067
$101,067
2023
$677 (+24.7%)
$28,000 + $73,067
$101,067
2022
$543 (+2.5%)
$20,000 + $52,621
$72,621
2020
$529
$20,000 + $52,621
$72,621
2019
$529 (+5.3%)
$20,000 + $52,621
$72,621
2018
$503
$20,000 + $49,565
$69,565
2017
$503 (−6.7%)
$20,000 + $49,565
$69,565
2016
$539 (+7.2%)
$20,000 + $49,565
$69,565
2015
$503 (+8.6%)
$20,000 + $49,565
$69,565
2014
$463 (+6.4%)
$16,200 + $49,200
$65,400
2013
$435 (−1.5%)
$16,200 + $49,200
$65,400
2012
$442
$16,200 + $49,200
$65,400
2011
$442
$16,200 + $49,200
$65,400
Tax history for 550 E Ridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$677
$28,000 + $73,067
$101,067
2024
$677
$28,000 + $73,067
$101,067
2023
$677 (+24.7%)
$28,000 + $73,067
$101,067
2022
$543 (+2.5%)
$20,000 + $52,621
$72,621
2020
$529
$20,000 + $52,621
$72,621
2019
$529 (+5.3%)
$20,000 + $52,621
$72,621
2018
$503
$20,000 + $49,565
$69,565
2017
$503 (−6.7%)
$20,000 + $49,565
$69,565
2016
$539 (+7.2%)
$20,000 + $49,565
$69,565
2015
$503 (+8.6%)
$20,000 + $49,565
$69,565
2014
$463 (+6.4%)
$16,200 + $49,200
$65,400
2013
$435 (−1.5%)
$16,200 + $49,200
$65,400
2012
$442
$16,200 + $49,200
$65,400
2011
$442
$16,200 + $49,200
$65,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RA
Rural Agricultural
This district is developed to provide for a minimum level of land use regulations appropriate for outlying areas of the county. These outlying areas typically consist of rural single-family housing, larger tracts of land used for agricultural purposes, and instances of nonresidential uses intermingled. Multifamily uses are discouraged in this district. This district would provide for protection from the most intensive land uses while containing provisions for a variety of home-based business opportunities and other nonresidential uses deemed appropriate through a special use permit process. It is the intent of this district to rely upon development standards to protect residences from potential adverse impacts of allowed nonresidential uses. The most intensive land uses would not be allowed in this district.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Livestock production
Religious facility
Housing-Single unit
Educational / school
Fire house
Police station
Post office
Agriculture-Cropland
Park & open space
Property details
Interior
Heating & Cooling
Air Conditioning Type: Package
Heating Type: Package
Exterior
Exterior Information
Exterior Wall: Brick
Building Type: Single Family
Property Information
Subdivision Name: T J MORGAN PROP
Living Sq. Ft: 1,050
Ground Floor Sq. Ft: 1,050
Building Sq. Ft: 1,050
# of Stories: 1
Legal Description: L24 & PTL23&25
Lot Information
# of Buildings: 1
Land Sq. Ft: 30,420
Legal Lot Number: 24
Municipality Name: FRANKLIN
Acres: 0.7
Depth Footage: 338
Front Footage: 90
County Use Description: SINGLE FAMILY DWELLING
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,050
Stories: 1.0
Lot Size: 0.7 acres
Style: Single Family Residential
Year Built: 1980
Year Renovated: 1997
County: Rowan County
APN: 310B018B
Home facts updated by county records on Jul 20, 2026
Around this home
Schools
North Rowan Elementary School
Public PreK-5 • Assigned • 3.7mi
1/10
North Rowan Middle School
Public 6-8 • Assigned • 3.8mi
2/10
North Rowan High School
Public 9-12 • Assigned • 3.8mi
2/10
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
5/10 Heat Factor
7 days above 104° expected this year, 17 days in 30 years
4/10 Wind Factor
9% 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 • 28144
Average low and high temperatures (°F)
48
27
55
34
70
44
77
52
78
57
88
66
90
72
83
66
80
61
72
49
64
42
52
32
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 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$173,000 – $210,000
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