NOT LISTED FOR SALE

1175 Lighthouse Way Salisbury, NC 28146

Estimated Value: $698,000 - $956,000

3 Beds
2.5 Baths
2,273 Sq Ft
$359/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2018

Last sale price $525,000 $231 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,827 / mo

16 Days on Market

Highlights

  • Great Room with Fireplace
  • Wrap Around Porch
  • Four Sided Brick Exterior Elevation
  • Elevator
  • Walk-In Closet
  • Central Air

About This Home

As of February 2018

Possibly the best waterfront lot on High Rock Lake. Huge 1.4 acre lot on a gradual point with a sandy beach and sweeping vistas. The Cape Cod style home with its wrap-around porch, beautiful sun room and tons of windows takes full advantage of the natural beauty of the lake. Attached 2-car garage, plus a detached 32GÇÖ x 26GÇÖ garage/shop with an office. Per the owner, there is also a deeded boat slip at the community dock. Wow!!

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 1.39 Acre Lot
  • Property fronts an interstate
  • Lot Has A Rolling Slope
  • Possible uses of the property include Commercial, Gardening, Other - See Remarks, Recreational
  • Property is zoned RA

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Stone Siding
  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,273 Sq Ft Home
  • Insulated Windows
  • Great Room with Fireplace
  • Crawl Space

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Wrap Around Porch

Schools

  • Morgan Elementary School
  • C.C. Erwin Middle School
  • East Rowan High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 025

Community Details

Overview

  • Lake Pointe HOA
  • Lake Pointe Subdivision

Amenities

  • Elevator

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

1.39 Acres

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Other
  • Year Built: 1999
  • Inclusions: Building
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate
  • Road Surface Type: Gravel
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Walk-In Closet(s)
  • Sq Ft Unheated Basement: 0
  • Possible Use: Commercial, Gardening, Other - See Remarks, Recreational
  • Appliances: Dishwasher, Microwave, Refrigerator, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Living Area: 2273
  • Window Features: Insulated Window(s)

Exterior Features

  • Construction Type: Aluminum, Brick Full, Concrete Block, Stone, Vinyl, Other - See Remarks
  • Patio And Porch Features: Porch, Wrap Around

Garage/Parking

  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Private Sewer, Septic Installed, Other - See Remarks, None
  • Green Building Features: Elevator
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Association Name: Lake Pointe HOA
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: C.C. Erwin

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Units: Acres
  • Parcel Number: 025
  • Zoning: RA
  • Lot Size Acres: 1.39
  • Lot Size Sq Ft: 60548
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Morgan
  • High School: East Rowan

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2024
Sold by
Bought by
Current Estimated Value
$815,481

Purchase Details

Listed on
Jan 10, 2018
Closed on
Feb 28, 2018
Sold by
Bought by
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$300,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 13, 2012
Closed on
Sep 30, 2013
Sold by
Bought by
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$458,018
Interest Rate
4.39%
Mortgage Type
VA

Purchase Details

Closed on
Jun 18, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$5,250 None Available
$475,000 None Available
$450,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $300,000
Previous Owner $458,018
Previous Owner $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2018 05/31/18 Off Market $525,000 -- --
02/28/2018 02/28/18 Sold $525,000 0.0% $231 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $525,000 +10.5% $231 / Sq Ft
12/30/2013 12/30/13 Off Market $475,000 -- --
09/30/2013 09/30/13 Sold $475,000 -9.5% $206 / Sq Ft View Prior Sale
08/30/2013 08/30/13 Pending -- -- --
06/13/2012 06/13/12 For Sale $525,000 -- $228 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,566 $691,798 $251,563 $440,235
2024 $4,566 $691,798 $251,563 $440,235
2023 $4,566 $691,798 $251,563 $440,235
2022 $3,635 $492,867 $215,625 $277,242
2021 $3,505 $492,867 $215,625 $277,242
2020 $3,505 $492,867 $215,625 $277,242
2019 $3,505 $492,867 $215,625 $277,242
2018 $2,875 $407,532 $162,500 $245,032
2017 $2,885 $407,532 $162,500 $245,032
2016 $2,885 $407,532 $162,500 $245,032
2015 $2,920 $407,532 $162,500 $245,032
2014 $2,893 $411,674 $162,500 $249,174
Source: Public Records

Map

Source: Canopy MLS

MLS Number: R59940

Canopy MLS

APN: 644-025

North Carolina Rowan County Salisbury 28146

1175 Lighthouse Way, Salisbury, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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