320 S Salisbury Ave, Spencer, NC 28159 Property Records

Rowan County property record for 320 S Salisbury Ave, Spencer, NC 28159

Property Summary

Property Type	Commercial Vacant Land
Lot Size	0.062 acres (2,701 sqft)
Owner	Company Name on File
Last Sale	$90,000 (May 2023)
Tax Bill	$198 (2026)
Deeds & Mortgages	Nov 2022 Mortgage Mar 2022 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`032 185`

Property Details

APN / Parcel Number

Primary APN	`032 185`
Alternative APN	`572976000`

Exterior

Lot Area	2,701 sqft (0.062 acres)
Lot Dimensions	9 ft deep x 3 ft wide

Location & Zoning

Street Address	320 S SALISBURY AVE
City	SPENCER
State	NC
Zip	28159-2237
Property Category	Commercial
Property Type	Vacant Land > Commercial
Legal Description	L 1 KINSEY PROPERTY
Legal Subdivision	A B ANDREWS JR
Jurisdiction	ROWAN NC
Township / Civil Division	SALISBURY
Census Block Group	2
Census Block	2029
Census Tract	50700

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Spencer Historic District listed 1984 · 282 contributing resources · NRIS 84000619

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

320 S Salisbury Ave, commercial vacant land, is owned by a company that bought it in May 2023.

Source: Rowan County records, as of August 25, 2026

Owner of Record	Company Name on File
Mailing Address	406 S SALISBURY AVE, SPENCER, NC 28159-2239
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Nov 3, 2022	Deed of Trust, Mortgage · Commercial Mortgage PEOPLES BANK
Mar 18, 2022	Warranty Deed, Transfer · Seller Carry-Back MARGARET WADDELL
Jan 7, 2021	Deed of Trust, Mortgage MARTIN T TREXLER

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 10, 2023 · Amount on File
Deed Sale	May 10, 2023 · Amount on File
Prior Sale	Mar 18, 2022 · Amount on File
Deed Book / Page	1422 / 957
Record Updated	Oct 29, 2026

November 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ROWAN NC
Property Address	320 S SALISBURY AVE, SPENCER, NC 28159-2237
Transaction Type	Mortgage
Record Updated	Jan 4, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	0014130097
Date	Nov 3, 2022
Book Page	1413/97

Lender

Name	PEOPLES BANK
Type	Bank
Address	NEWTON, NC 28658

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

March 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ROWAN NC
Recording Date	Mar 18, 2022
Property Address	320 S SALISBURY AVE, SPENCER, NC 28159-2237
Document Number	0013970860
Book / Page	1397 / 860
Instrument Date	Mar 15, 2022
Transaction Type	Transfer
Record Updated	Aug 23, 2022

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$400.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	370 LEONARD RD, 370, SALISBURY, NC 28146-2411

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	506 S SALISBURY AVE, SPENCER, NC 28159-2102

Mortgage

Document Number	0001397861
Date	Mar 18, 2022
Instrument	1397/861

Lender

Name	MARGARET WADDELL
Type	Seller

Agreement

Type	Seller Carry-Back
Amount	Amount on Record
Term	10 Months
Due	Jan 1, 2023

January 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ROWAN NC
Property Address	320 S SALISBURY AVE, SPENCER, NC 28159-2237
Document Number	0013650521
Instrument Date	Jan 7, 2021
Transaction Type	Mortgage
Record Updated	Jan 21, 2021
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	320 S SALISBURY AVE

Mortgage

Document Number	0013650521
Date	Jan 11, 2021
Book Page	001365/000521

Lender

Name	MARTIN T TREXLER
Address	480 REEN CAROLTON RD, SALISBURY, NC 28146

Agreement

Amount	Amount on Record
Term	24 Months
Due	Jan 10, 2023

Tax Assessment & Valuation

The 2026 property tax bill for 320 S Salisbury Ave was $198.

Source: Rowan County assessment roll, as of August 25, 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Rowan County
Municipality	Spencer Town
Unified School District	Rowan-Salisbury Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$198.00	$17,540 (-) Land $14,040 Building $3,500	$17,540 Land $14,040 Building $3,500
2025	$198.00	$17,540 Land $14,040 Building $3,500
2023	$198.00	$17,540 Land $14,040 Building $3,500	$17,540 Land $14,040 Building $3,500

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 320 S Salisbury Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective May 10, 2024

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 320 S Salisbury Ave is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 76% of North Carolina
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	SALISBURY-ROWAN serves 46,156 people · EPA ID NC0180010
Water Source	Surface water
Last State Inspection	Feb 2026
Lead	13 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Organic carbon removal Oct 2022
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 131 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T, Hotwire Communications.

Nearby Properties on S Salisbury Ave

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures