NOT LISTED FOR SALE

1002 Emerald Bay Dr Salisbury, NC 28146

Estimated Value: $185,000 - $263,000

0.89 Acre
$251,685 Price per Acre
38,768 Sq Ft Lot

Last Sold August 25, 2023

Last sale price $158,750

Est. 26% increase in value since last sale

Current estimated payment $1,238/month

4 Days on Market

Highlights

  • Pier or Dock
  • Waterfront
  • Wooded Lot
  • Access To Lake
  • Private Lot
  • Recreation Facilities

About This Lot

As of August 2023

Enjoy the beauty, serenity and privacy of Emerald Bay - a great place to build your dream home and raise your family or enjoy retirement. Lot #37 consisting of .89 acre with approvals for a well and septic system already obtained through Alcoa.
The lot is located on the Panther Creek channel which is the last channel before the dam thus providing exceptional water depth at full pull of approximately twenty-four feet in mid-channel which would equate to twelve plus feet of depth at the proposed personal dock location.
A few of the outstanding attributes of this lot are:
1. Gated community for additional security
2. Paved streets
3. Underground utilities
4. Community boat ramp and dock area
5. Discrete and secure storage area for motor homes, boats and trailers

Last Agent to Sell the Property

Max Morrison

Carolina Realty Solutions Brokerage Email: max.morrison@crsmail.com License #205481 Listed on: 06/23/2023

Last Buyer's Agent

Ashley Gilbert

Fathom Realty NC LLC License #126969

Fathom Realty NC LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $997

Lot Details

  • Lot Dimensions are 100x419
  • Waterfront
  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Residential

HOA Fees

  • $63 Monthly HOA Fees

Interior Spaces

  • Wired For Data
  • Water Views

Schools

  • Morgan Elementary School
  • East Rowan High School

Utilities

  • Underground Utilities
  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 503C001

Community Details

Overview

  • Emerald Bay Association
  • Emerald Bay Subdivision
  • Mandatory home owners association

Recreation

  • Pier or Dock
  • RV or Boat Storage in Community
  • Recreation Facilities
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$997

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Allowed,Square Feet
  • Restrictions Description: 2500 SqFt min to build
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: max.morrison@crsmail.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Road Frontage: 100
  • View: Water
  • Water Body Name: High Rock Lake
  • Waterfront Features: Boat Ramp – Community, Boat Slip – Community, Pier - Community

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Underground Power Lines, Underground Utilities, Wired Internet Available
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Gated, Lake Access, Recreation Area, RV/Boat Storage
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Emerald Bay
  • ResoAssociationFeeFrequency: Annually
  • Association Email: emeraldbayhoa@yahoo.com

Association/Amenities

  • Association Annual Expense: 750.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Sloped, Wooded, Views, Waterfront
  • Lot Size Area: 0.89
  • Lot Size Units: Acres
  • Parcel Number: 503C001
  • Lot Size: 100x419
  • ResoLotSizeUnits: Acres
  • Zoning Specification: .

MLS Schools

  • Elementary School: Morgan
  • High School: East Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Agee Kellee Elane and Falin Matthew Scott
Bought by
Agee Kellee Elane and Falin Matthew Scott
Current Estimated Value
$199,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Outstanding Balance
$962,559
Interest Rate
6.5%
Mortgage Type
Construction
Estimated Equity
-$704,559

Purchase Details

Listed on
Sep 25, 2016
Closed on
Sep 27, 2019
Sold by
Eddy Gerald R and Eddy Jean T
Bought by
Slep Derek J and Turner Tiffany A
Seller's Agent
Teresa Rufty
TMR Realty, Inc.
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$102,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%
Original Mortgage
$76,500
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 18, 1997
Bought by
Eddy Gerald R and Eddy Wf
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Agee Kellee Elane -- None Listed On Document
Slep Derek J $102,000 None Available
Eddy Gerald R $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agee Kellee Elane $965,000
Previous Owner Slep Derek J $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $158,750 -6.6% --
06/23/2023 06/23/23 For Sale $169,900 +66.6% --
10/03/2019 10/03/19 Sold $102,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $997 $148,750 $148,750 $0
2024 $997 $148,750 $148,750 $0
2023 $997 $148,750 $148,750 $0
2022 $953 $127,500 $127,500 $0
2021 $953 $127,500 $127,500 $0
2020 $953 $127,500 $127,500 $0
2019 $953 $127,500 $127,500 $0
2018 $819 $110,500 $110,500 $0
2017 $819 $110,500 $110,500 $0
2016 $797 $110,500 $110,500 $0
2015 $809 $110,500 $110,500 $0
2014 $776 $110,500 $110,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4041797

Canopy MLS (Canopy Realtor® Association)

APN: 503-C001