NOT LISTED FOR SALE

280 Topsail Rd Salisbury, NC 28146

Estimated Value: $939,491 - $999,000

3 Beds
2.5 Baths
2,694 Sq Ft
$358/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $820,000 $304 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,404/month

209 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Gazebo
  • Deck
  • Covered Patio or Porch
  • Cul-De-Sac

About This Home

As of September 2023

Lake living at its best! Perfectly located waterfront home w/stunning craftsmanship & design in Anchor Downs. Currently used as AirB&B w/high producing income. Situated on 1+½ lots, 100-year-old hemlock logs were repurposed to build this unique home. Millwork by Goodman Lumber. Fabulous stone FP in great room w/hand carved mantle. Guest bath in foyer. Plus wall of built- in storage cabinets. GR has attractive wet bar. GR opens to covered back porch overlooking lake. Smart space galley kitchen w/handsome custom wood cabinets. Spacious laundry room w/sink & cabinets. BR 2 on main could serve as office or other uses. Huge primary on main w/attractive PB w/separate tub + shower. Cedar lined closets. Gracious attic storage w/lots of space. Basement has large living area & full w/many potential uses. Room beside is currently used as bedroom w/large closets. Storage room with double doors to outside. Lawn irrigation from lake. Fish pond, gazebo, & patio are all part of this amazing landscape!

Last Agent to Sell the Property

Jayne Helms

RE/MAX Leading Edge License #217044 Listed on: 01/18/2023

RE/MAX Leading Edge

Last Buyer's Agent

Jennifer Hill

Lake Homes Realty LLC License #265449

Lake Homes Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 0.75 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Property is zoned RS-3

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Log Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Great Room with Fireplace
  • Finished Basement
  • Exterior Basement Entry
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Parking

  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Gazebo

Schools

  • Handford Dole Elementary School
  • North Rowan Middle School
  • North Rowan High School

Utilities

  • Heat Pump System
  • Geothermal Heating and Cooling
  • Electric Water Heater
  • Septic Tank

Community Details

  • Anchor Downs HOA Belinda Jeroszko Association, Phone Number (704) 431-4916
  • Anchor Downs Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 612066

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0.75 Acres

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1984
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 304.38
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-in Features, Pantry, Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1520
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 346
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 346
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater
  • Above Grade Finished Sq Ft: 1520
  • Has Basement: Exterior Entry, Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1174
  • Fireplace Features: Great Room
  • Living Area: 2694
  • Bedroom Main: 2
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Water Body Name: High Rock Lake
  • Waterfront Features: Beach - Private
  • Construction Type: Log
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered, Deck, Rear Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Geothermal
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Anchor Downs HOA Belinda Jeroszko
  • Phone: 704-431-4916
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 75.00

Schools

  • Middle Or Junior School: North Rowan
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 612066
  • Lot Size Acres: 0.75
  • Lot Size Sq Ft: 32670
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS-3

MLS Schools

  • Elementary School: Handford Dole
  • High School: North Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Sep 15, 2023
Sold by
Petruzzelli Grant and Petruzzelli Courtney
Bought by
West Mark Stephen and West Patricia T
Seller's Agent
Jayne Helms
RE/MAX Leading Edge
Buyer's Agent
Jennifer Hill
Lake Homes Realty LLC
List Price
$899,999
Sold Price
$820,000
Premium/Discount to List
-$79,999
-8.89%
Views
508
Current Estimated Value
$965,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,123
Avg. Annual Appreciation
7.00%
Original Mortgage
$726,200
Outstanding Balance
$708,522
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$256,601

Purchase Details

Listed on
Mar 14, 2022
Closed on
Apr 15, 2022
Sold by
Dan Spencer Betty and Dan Duane J
Bought by
Petruzzelli Grant and Petruzzelli Courtney
Seller's Agent
Jayne Helms
Re/Max Leading Edge
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$625,000
Sold Price
$705,000
Premium/Discount to List
$80,000
12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%
Original Mortgage
$564,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2019
Sold by
Spencer John R
Bought by
Spencer John R and Spencer Betty Dan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
West Mark Stephen $820,000 None Listed On Document
West Mark Stephen $820,000 None Listed On Document
Petruzzelli Grant $705 None Listed On Document
Spencer John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Mark Stephen $726,200
Closed West Mark Stephen $726,200
Previous Owner Petruzzelli Grant $564,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2023 09/19/23 Sold $820,000 -3.4% $304 / Sq Ft
05/23/2023 05/23/23 Price Changed $849,000 -4.6% $315 / Sq Ft
04/26/2023 04/26/23 Price Changed $889,999 -1.1% $330 / Sq Ft
01/18/2023 01/18/23 For Sale $899,999 +27.7% $334 / Sq Ft
04/20/2022 04/20/22 Sold $705,000 +12.8% $307 / Sq Ft View Prior Sale
03/20/2022 03/20/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $625,000 -- $272 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $5,112 $765,915 $279,125 $486,790
2024 $5,112 $765,915 $279,125 $486,790
2023 $5,112 $765,915 $279,125 $486,790
2022 $3,158 $423,902 $255,750 $168,152
2021 $3,126 $423,902 $255,750 $168,152
2020 $3,126 $423,902 $255,750 $168,152
2019 $3,126 $423,902 $255,750 $168,152
2018 $2,577 $352,403 $221,650 $130,753
2017 $2,577 $352,403 $221,650 $130,753
2016 $2,577 $352,403 $221,650 $130,753
2015 $2,617 $352,403 $221,650 $130,753
2014 $2,565 $356,213 $221,650 $134,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3935059

Canopy MLS (Canopy Realtor® Association)

APN: 612-066

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