Check Availability
$375,000
● House - In Contract

875 Bonanza Drive

Salisbury, NC 28144
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,631 Ft²
$1,842
Est. Monthly

About This Property

Situated on a generous 1.62-acre corner lot, this timeless brick ranch offers three bedrooms, two baths, and more than 2,600 square feet of living space. Multiple living areas provide exceptional flexibility, including a den that could serve as an in-law suite with convenient access to the kitchen and a nearby half bath. Three fireplaces add warmth and character throughout the home, creating inviting spaces for relaxing and entertaining. The primary bedroom features a walk-in closet for added storage. Outdoor living includes a large covered front porch with convenient access to the attached two-car carport. At the rear of the home, a screened porch and oversized patio provide ideal settings for gatherings, outdoor dining, or quiet relaxation. The expansive lot offers plenty of room for gardening, recreation, and enjoying the peaceful surroundings. Franklin Pool is within walking distance, with membership required. Ample driveway parking accommodates multiple vehicles and guests. Offering generous acreage, versatile living spaces, and easy access to nearby shopping, dining, and amenities, this distinctive property combines space, charm, and everyday convenience.
Unit Size
2,631 Ft²
Days on Market
-
Land Size
1.62 acres
Price per sqft
$143
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961

Listed By

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Last updated: 2 months ago (CANOPYMLS #CAR4409969)

Price History

Date / Event Date Event Price
Aug 6, 2026 Listed by TMR Realty, Inc. $375,000
Listed by TMR Realty, Inc.
Aug 3, 2026 No longer available -
No longer available
May 2, 2026 Price Decreased $375,000
↓ $4K (1.1%)
Price Decreased
Apr 29, 2026 Price Decreased $379,000
↓ $20K (5%)
Price Decreased
Mar 13, 2026 Listed by Redfin Corporation $399,000
Listed by Redfin Corporation
Classic brick ranch set on a spacious corner lot offering 1.62 acres of room to spread out and enjoy the outdoors. This inviting property features three fireplaces that add warmth and character to multiple living areas, creating comfortable spaces for relaxing or entertaining. The layout provides flexibility for everyday living while maintaining the timeless appeal of ranch-style design. Outside, the large lot offers endless possibilities for gardening, recreation, or simply enjoying the open setting. Ample driveway parking provides convenience for multiple vehicles and guests in addition to the 2-car attached carport. With its combination of land, charm, and practical features, this property presents a wonderful opportunity to enjoy peaceful surroundings while still being within easy reach of nearby amenities, dining, and shopping. A rare chance to own a home with generous acreage, classic brick construction, and distinctive features that make it truly stand out.

Property Highlights

Air Conditioning
Fireplace
Parking Details
Has Carport
Parking Features: Attached Carport, Driveway
Interior Details
Full Bathrooms: 2
Interior Features: Other, Built-in Features, Entrance Foyer, Walk-In Closet(s)
Appliances: Dishwasher, Electric Range, Refrigerator, Wall Oven
Flooring Type: Parquet, Tile, Vinyl, Wood
Laundry Features: Inside, Main Level
Has Fireplace
Fireplace Features: Den, Family Room
Exterior Details
Square Footage: 2631
Year Built: 1961
Levels: One
Other Structures: Shed(s)
Construction Materials: Brick
Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch, Screened
Lot Features: Corner Lot
Lot Size Area: 1.62
Lot Size Units: Acres
Lot Size Acres: 1.62
Lot Size Square Feet: 70567.2
Water Source: Community Well
Financial Details
Tax Assessed Value: $261,324
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Septic Installed

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 70,567
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 1,820
  • Total Building Area: 2,626
  • Building Area: 2,626
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 2,626
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BENNETT HEIGHTS
  • Land Acres: 0000001620
  • Standard Land Use Code: 1001
  • County Land Use Code: SF
  • Legal Description 1: L34-40 BLK F 1.62AC CALC BENNETT HEIGHTS

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: FRANKLIN
  • Census Tract: 051302

Zoning

  • Zoning: R20:SINGLE

Geography

  • District: 14
  • Parcel: 310A062
  • Block: F
  • Municipality: FRANKLIN FIRE DISTRICT
  • Latitude: 35.7264
  • Longitude: -80.4947

    Address

  • Full Address: 875 Bonanza Dr
  • Address - House Number: 875
  • Address - Street Name: Bonanza
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Salisbury
  • Carrier Code: R034
  • 4-Digit Zip Code: 9427
  • Zip Code: 28144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $175,087
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 119:FRANKL

    Appraisal Valuation

  • Standard Deviation: 0.2611
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 62
  • Final Value: 319,536
  • High Value: 402,988
  • Low Value: 236,084

    Market Valuation

  • Market Total Value: $261,324
  • Market Land Value: $45,000
  • Market Improvement Value: $216,324

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,324
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $216,324
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bennett Heights


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Unit for rent at 5440 Us Hwy 601 Highway, Salisbury, NC, 28147

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Frequently Asked Questions

When was property at 875 Bonanza Drive built and last sold?
The property at 875 Bonanza Drive was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 875 Bonanza Drive is $378,750.
What are some comparable homes to 875 Bonanza Drive?
There are currently no comparable homes to 875 Bonanza Drive.