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$140,000 Just Listed
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Property Description
Investment opportunity in the growing Town of East Spencer! This 2 bedroom, 1 bath home is being sold with the adjacent lot, totaling 2.7 acres of land. The property offers potential for renovation, rental, resale, or future development. A versatile opportunity for investors looking to expand their portfolio and capitalize on the possibilities of the additional acreage. New survey completed for both parcels.
Full Property Details
Full Property Details for 515 E Torbush Dr
General
- Price: $140,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4432542
- Updated: 10/9/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: None
- Flooring: Carpet, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Mud Room
Parking
- Parking Features: Driveway
Location
- County: Rowan
School Information
- Elementary School: Handford Dole
- Middle School: North Rowan
- High School: North Rowan
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Vinyl
- Roof: Architectural Shingle
- Main/1st Level: 780 Sq. Ft.
- Year Built: 1950
Lot Features
- Street/Road Desc.: Dirt, Paved
- Lot Features: Level, Wooded
Financial Considerations
- Terms: Cash, Conventional, FHA 203(K), Private
Disclosures and Reports
- Special Conditions: Estate
- Restrictions: No Representation
- Property ID: 29006
- Lot Number: 339
Listed by Arthur Realty LLC
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Schools
Schools serving 515 E Torbush Dr
School District:Rowan-Salisbury Schools
| Name | Grades | Distance |
|---|---|---|
E Hanford Dole Elementary School 465 Choate Road, Salisbury, NC 28146 | PK-5 | 0.8 mi |
North Rowan Middle School 512 Charles Street, Spencer, NC 28159 | 6-8 | 1.5 mi |
North Rowan High School 300 North Whitehead Avenue, Spencer, NC 28159 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 515 E Torbush Dr
Date
Details
Price
Change
Source
10/09/2026
Listed
$140,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 515 E Torbush Dr
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,264
—
$101,972
—
2025
$1,264
—
$101,972
—
2023
$1,264
48%
$101,972
58%
2022
$852
—
$64,651
—
2021
$852
—
$64,651
—
2020
$852
—
$64,651
—
2019
$852
12%
$64,651
10%
2018
$763
2%
$58,575
—
2017
$746
—
$58,575
—
2016
$746
—
$58,575
—
2015
$746
-2%
$58,575
-3%
2014
$759
2%
$60,197
—
2013
$743
—
$60,197
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 515 E Torbush Dr
515 E Torbush Drive, Salisbury, NC 28144 (MLS# 4432542) is a Single Family property with 2 bedrooms and 1 full bathroom. 515 E Torbush Drive is currently listed for $140,000 and was received on October 09, 2026. Want to learn more about 515 E Torbush Drive? Do you have questions about finding other Single Family real estate for sale in Salisbury? You can browse all Salisbury real estate or contact a Coldwell Banker agent to request more information.

