$131,222 EMV

1 Bath   1,318 Sq. Ft.   Single-Family
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Mahaley Rd
Salisbury, NC 28146

Overview

This Single-Family Foreclosure is located at Mahaley Rd, Salisbury, NC 28146. It has 1 Bath , 1,318 sqft of living space. This property is currently bank owned with an estimated market value of $131,222.
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Status: Active
Listing ID: 65552689
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Learn about Mahaley Rd in Salisbury, NC

This single-family property is available as a foreclosure at Mahaley Rd. This property features bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 1,318 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Salisbury, specifically for Mahaley Rd and comparable listings. Based on this expert analysis, the estimated market value is $131,222. If purchased for rental purposes, the monthly rental rate could range between $740 and $1,001, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Mahaley Rd are updated daily along with others in Salisbury, North Carolina, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Mahaley Rd below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


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Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

Mahaley Rd in Salisbury North Carolina Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Mahaley Rd
View Foreclosure Status
06/08/26
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
04/21/26
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of Salisbury, NC like?

Salisbury is a historic Rowan County city in North Carolina's Piedmont region, positioned along I-85 between Charlotte, Concord, and the Triad. The city is known for its preserved downtown architecture, walkable arts and dining district, and established residential neighborhoods with a mix of historic homes, brick ranches, townhomes, and newer suburban communities.

For property investors, Salisbury offers access to a regional employment base that includes healthcare, education, logistics, manufacturing, and retail. Major local anchors include Novant Health Rowan Medical Center, Catawba College, Livingstone College, Rowan-Cabarrus Community College, and a variety of distribution and industrial employers supported by the I-85 corridor.

The area appeals to residents seeking a smaller-city lifestyle with rail service, parks, local restaurants, and convenient drives to larger job markets. Downtown revitalization, proximity to lakes and outdoor recreation, and relatively attainable housing compared with nearby metro centers can make Salisbury a practical market for long-term rentals, owner-occupant resale, and value-add residential strategies.

Nearby Schools

There are 10 schools in the area. Nearby schools include Salisbury High School and Knox Middle School.

Salisbury High School
Knox Middle School
Overton Elementary School
Henderson Independent High School
North Rowan High School
Southeast Middle School
Carroll T. Overton Elementary School
Catawba College
Livingstone College
Rowan-Cabarrus Community College

Nearby Attractions

There are plenty of activities near this property like Novant Health Rowan Medical Center, Rowan-Cabarrus Community College - North Campus, and more.

Novant Health Rowan Medical Center
Rowan-Cabarrus Community College - North Campus
Catawba College
Livingstone College
Downtown Salisbury shops, restaurants, and professional services
Rowan Public Library - Headquarters
West End Plaza
Salisbury VA Health Care System

What kind of public transportation is there?


Public transportation options include: Salisbury Transit local bus service, Amtrak service at Salisbury Station, including Piedmont and Carolinian routes, Rowan Transit System regional and demand-response transportation, Access to I-85 for commuting toward Charlotte, Concord, High Point, Greensboro, and Winston-Salem, Nearby US 70, US 52, and NC 150 roadway connections. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Dan Nicholas Park, Hurley Park and more.

Dan Nicholas Park
Hurley Park
Salisbury Community Park
Bell Tower Green
Dunn's Mountain Park
City Park
Ellis Park
Eagle Point Nature Preserve

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile
UScellular

Internet Providers

Spectrum
AT&T Internet
Kinetic by Windstream
T-Mobile 5G Home Internet
Verizon 5G Home Internet
Rental Chart
View Rental and Market Value
for Mahaley Rd in Salisbury North Carolina
View Market Value

Property Information

Public Records

Community & Neighborhood

This property in Salisbury, NC is located in the Glennwood Acres Map Subdivision.


Foreclosure

The property located at Mahaley Rd in Salisbury, NC is listed as a Foreclosure

Properties like Mahaley Rd in Salisbury, North Carolina listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Salisbury, NC. The longer lenders own properties like this on Mahaley Rd, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

Read more...

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Mahaley Rd located in Salisbury, NC is $870/month. Comparable homes around Mahaley Rd that are rentals have monthly ranges starting as low as $740 per month and as high as $1,001 per month. An owner looking to use this property as an investment could bring a return in the area of $740 - $1,001 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Foreclosure
06/08/26 - Present

The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.

Status: Active

Preforeclosure

WELLS FARGO BANK NA

04/21/26 - 05/07/26

The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.

Status: Inactive

Preforeclosure
04/02/26 - 05/07/26

Status: Inactive

Preforeclosure

WELLS FARGO BANK NA

06/16/25 - 06/26/25

Status: Inactive

Preforeclosure

BSI FINANCIAL SERVICES

03/26/25 - 06/29/25

Status: Inactive

Similar Homes Nearby Salisbury, NC


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Mahaley Rd
Salisbury, NC 28146

1 Bath   1,318 sq. ft.   Single-Family

$131,222 EMV

Status: Active Listing ID: 65552689

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Mahaley-Rd-Salisbury-NC-28146/65552689_lid

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