NOT LISTED FOR SALE

1202 Emerald Bay Dr Salisbury, NC 28146

Estimated Value: $785,000 - $898,244

3 Beds
3 Baths
2,828 Sq Ft
$290/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $552,000 $195 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,668/month

2 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Cathedral Ceiling
  • Waterfront
  • Private Lot
  • Wood Flooring

About This Home

As of December 2020

Beautiful custom built home located in the desirable Emerald Bay gated, lake front community. Two story great room with large stone fireplace, 3 BRs, 3 Full BAs, bonus room loft and finished basement, rear load garage with shop and sink. Wrap around sun deck with large patio area ideal for entertaining. Solar Panels installed 2018. Beautiful natural lot with fire pit, 120 ft waterfront, private pier with floating dock. Emerald Bay provides a community boat ramp, dock and secure boat storage. Neighborhood backs up to Eagle Point Nature Preserve named after the many sitings of the Eagles in the area, offering beautiful hiking trails from intermediate to difficult, kayak and canoe launch, peaceful preserve to bird watch or go for your daily run.

Last Agent to Sell the Property

Britney Biles

Mark Spain Real Estate License #317018 Listed on: 10/09/2020

Mark Spain Real Estate

Last Buyer's Agent

Jill Dickson

TMR Realty, Inc. License #303717

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • Waterfront
  • Private Lot

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Stone Siding

Interior Spaces

  • 3 Full Bathrooms
  • Cathedral Ceiling
  • Skylights

Flooring

  • Wood
  • Tile

Outdoor Features

  • Fire Pit

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 503C010

Community Details

Overview

  • Emerald Bay Association
  • Community Lake

Recreation

  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$48 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Ratio Close Price By List Price: 1.04744
  • Ratio Close Price By Original Li: 1.04744
  • Ratio Current Price By Acre: 627272.73
  • Ratio Current Price By Sq Ft: 195.19
  • Year Built: 1999
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 796
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Dishwasher, Double Oven, Dryer, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Fireplace Description: Great Room
  • Flooring: Tile, Wood
  • Interior Amenities: Basement Shop, Cable Available, Cathedral Ceiling(s), Skylight(s), Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 3
  • Lower Level Sq Ft: 799
  • Main Level Sq Ft: 1233
  • Total Sq Ft: 2828
  • Sq Ft Unheated Lower: 530
  • Sq Ft Unheated Total: 530

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Parking: Attached Garage, Back Load Garage, Garage - 1 Car, Keypad Entry

Utilities

  • Green Building Features: g-Photovoltaic – Solar Power
  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community, Lake, Street Lights, Walking Trails
  • Association Fee: 575.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Emerald Bay
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Adjoins Nat/State Forest, Lake, Lake Access, Mountain View, Private, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.880
  • Parcel Number: 503C010
  • Plat Book Slide: 2691/2691
  • Zoning Specification: Res Sub

Tax Info

  • Tax Value: 496756.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 24, 2020
Sold by
Bryan Joyce O
Bought by
Halas Jonathan P
Seller's Agent
Britney Biles
Mark Spain Real Estate
Buyer's Agent
Jill Dickson
TMR Realty, Inc.
List Price
$527,000
Sold Price
$552,000
Premium/Discount to List
$25,000
4.74%
Current Estimated Value
$778,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,161
Avg. Annual Appreciation
7.93%
Original Mortgage
$441,600
Outstanding Balance
$398,303
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$391,979

Purchase Details

Listed on
Jun 1, 2012
Closed on
Oct 28, 2013
Sold by
Brown Colleen Marie
Bought by
Obryan Joyce
List Price
$450,000
Sold Price
$350,000
Premium/Discount to List
-$100,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$110,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Halas Jonathan P $552,000 None Available
Obryan Joyce $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halas Jonathan P $441,600
Previous Owner Bryan Joyce M O $150,000
Previous Owner Obryan Joyce $110,000
Previous Owner Brown Edward Clint $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $552,000 +4.7% $195 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $527,000 +50.6% $186 / Sq Ft
01/30/2014 01/30/14 Off Market $350,000 -- --
10/31/2013 10/31/13 Sold $350,000 -22.2% $178 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
06/01/2012 06/01/12 For Sale $450,000 -- $229 / Sq Ft
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 $4,319 $644,602 $195,500 $449,102
2024 $4,319 $644,602 $195,500 $449,102
2023 $4,319 $644,602 $195,500 $449,102
2022 $3,713 $496,756 $195,500 $301,256
2021 $3,713 $496,756 $195,500 $301,256
2020 $1,857 $496,756 $195,500 $301,256
2019 $1,857 $496,756 $195,500 $301,256
2018 $1,564 $418,186 $170,000 $248,186
2017 $1,564 $418,186 $170,000 $248,186
2016 $1,523 $418,186 $170,000 $248,186
2015 $1,546 $418,186 $170,000 $248,186
2014 $3,161 $450,183 $200,000 $250,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3669307

Canopy MLS (Canopy Realtor® Association)

APN: 503-C010