NOT LISTED FOR SALE

273 Bluff Ln Salisbury, NC 28146

Estimated Value: $402,000 - $811,000

1.09 Acres
$585,856 Price per Acre
47,480 Sq Ft Lot

Last Sold June 09, 2020

Last sale price $37,500

Est. 1,603% increase in value since last sale

Current estimated payment $3,683/month

56 Days on Market

Highlights

  • Access To Lake
  • Gated Community
  • Waterfront

About This Lot

As of June 2020

1.09AC Waterfront lot in the gated community of The Bluff's on High Rock Lake, 2nd largest lake in NC. This lot is waterfront and is perfect for walking out for paddle boarding, kayaking/etc. Main channel of High Rock Lake is at opening to cove. Lot has a slope and has a perfect building site to build your custom home with a walk out basement. Great $$$ for waterfront and close to I85. Approx. hour to Charlotte and Greensboro and 12 min. to Salisbury for all your shopping and dining needs.

Last Agent to Sell the Property

Carole Bryson

Lake Homes Realty LLC License #126728 Listed on: 01/17/2020

Lake Homes Realty LLC

Last Buyer's Agent

Crystal Almond

Southern Homes of the Carolinas, Inc License #274458

Property Details

Property Type

  • Land

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 124x283x152x426
  • Waterfront
  • Sloped Lot
  • Possible uses of the property include Residential

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Garage
  • Basement Garage

Utilities

  • Community Well
  • Well Required
  • Private Sewer

Additional Features

  • Water Views
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Assessor Parcel Number 612B023

Community Details

Overview

  • The Bluffs Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Recreation

  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: County Road
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Has Basement: Basement
  • Basement YN: Yes

Exterior Features

  • Construction Type: Site Built
  • Road Frontage: 124
  • View: Long Range, Water
  • Water Body Name: High Rock Lake
  • Waterfront Features: Lake, None
  • Other Structures: None

Utilities

  • Sewer: Private Sewer
  • Water Source: Community Well, Well Needed

Condo/Co-op/Association

  • Community Features: Gated, Lake Access, Street Lights
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Sloped, Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 612B023
  • Can Be Subdivided: 0
  • Lot Size Acres: 1.09
  • Lot Size: 124x283x152x426
  • Lot Size Sq Ft: 47480
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Jun 9, 2020
Sold by
Hayes Kenneth Lee
Bought by
Underwood Kenneth V and Pisano Kaitlyn E
Seller's Agent
Carole Bryson
Lake Homes Realty LLC
Buyer's Agent
Crystal Almond
Southern Homes of the Carolinas, Inc
List Price
$39,000
Sold Price
$37,500
Premium/Discount to List
-$1,500
-3.85%
Current Estimated Value
$638,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,083
Avg. Annual Appreciation
66.20%
Original Mortgage
$386,589
Outstanding Balance
$344,878
Interest Rate
3.2%
Mortgage Type
Construction
Estimated Equity
$293,705

Purchase Details

Closed on
Sep 3, 2014
Sold by
The Bluffs At High Rock Lake Llc
Bought by
Hayes Kenneth
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

Date Buyer Sale Price Title Company
Underwood Kenneth V $38,000 Chicago Title Insurance Co
Hayes Kenneth $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Underwood Kenneth V $386,589
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2020 06/09/20 Sold $37,500 -3.8% --
03/13/2020 03/13/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $39,000 -- --
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 $3,559 $533,133 $150,000 $383,133
2024 $3,559 $533,133 $150,000 $383,133
2023 $3,559 $533,133 $150,000 $383,133
2022 $2,155 $289,214 $52,000 $237,214
2021 $2,133 $289,214 $52,000 $237,214
2020 $326 $44,200 $44,200 $0
2019 $326 $44,200 $44,200 $0
2018 $323 $44,200 $44,200 $0
2017 $323 $44,200 $44,200 $0
2016 $323 $44,200 $44,200 $0
2015 $328 $44,200 $44,200 $0
2014 $512 $71,122 $71,122 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3583469

Canopy MLS (Canopy Realtor® Association)

APN: 612-B023