$925,000
SOLD SEP 18, 2024

340 Topsail Rd Salisbury, NC 28146

3 Beds
3 Baths
3,136 Sq Ft
0.51 Acres

Recently Sold

$295 Per Sq Ft

16% Below List Price

99 Days on Market

Highlights

  • Lake Front
  • Contemporary Architecture
  • Solid Surface Countertops
  • Lake On Lot
  • Wood Flooring
  • Porch

About This Home

As of September 2024

Fabulous contemporary home located on one of the most desirable lots on High Rock Lake. Stunning long range lake and mountain views from the living room, dining room, den & primary suite. Home has been recently remodeled and meticulously maintained! Gorgeous blond hardwoods are now through most of the home, reglazed bathrooms, beautiful quartz counters in the kitchen and stone counters in the bathrooms. Butler’s pantry behind kitchen. Listed as 3 bedrooms, there is a lrg office that would make a GREAT 4th bedroom/bunk room. Open living space, w/ well defined dining & living areas perfect for entertaining. Great dock w/ 100 ft pier & a concrete boat ramp. Fantastic outdoor living, including an expansive deck, covered porch, and arguably one of the flattest yards on High Rock! Great storage w/ oversized walk-in pantry, multiple walk-in closets, oversized garage, 10x20 boat house & add’l exterior storage. Encapsulated crawlspace & generator! See agent remarks for more amenities & updates!

Last Agent to Sell the Property

Tyler Wilhoit

Tyler Redhead & McAlister Real Estate, LLC License #254506 Listed on: 05/09/2024

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1973

Lot Details

  • 0.51 Acre Lot
  • Lake Front
  • Level Lot

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,136 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Dining Room with Fireplace
  • Lake Views
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Separate Shower

Eco-Friendly Details

  • Solar Water Heater

Outdoor Features

  • Lake On Lot
  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Power Generator

Listing and Financial Details

  • Assessor Parcel Number 612068
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,500

Year Built

Built in 1973

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Lot Size: various
  • Subdivision Name: None
  • Directions: From Lexington via I-85 S - Take exit 81 for Long Ferry Rd, Turn L, in 5 miles turn R onto Hedrick Lambe Dr, Turn L onto Mainsail Rd, Turn R onto Topsail Rd, home is at the end of the street on the right.
  • Above Grade Finished Sq Ft: 3136
  • Architectural Style: Contemporary
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1973
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_LandDescription: Lake, Lake Front, Lake View, Level, Waterview
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Cooktop, Solar Hot Water
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry, Separate Shower, Solid Surface Counter, Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Dining Room
  • Fireplaces: 1
  • Living Area: 3136
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Level
  • Pool Features: None
  • Waterfront Features: Lake, Lake Front
  • Construction Type: Brick
  • Other Structures: Boat House, Boat Ramp, Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Propane
  • Water Source: Shared Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Solar
  • Energy Features: Generator Auto Start

Condo/Co-op/Association

  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 612068
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 1813725.4902
  • TRIADMLS_DeedPage: 689
  • TRIADMLS_DeedBook: 778

Tax Info

  • Tax Annual Amount: 5500
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Sep 17, 2024
Sold by
Martin Richard W and Martin Pennie B
Bought by
Graham David Lee and Graham Wendy
Seller's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$1,100,000
Sold Price
$925,000
Premium/Discount to List
-$175,000
-15.91%
Views
459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.16%

Purchase Details

Closed on
Aug 23, 1996
Bought by
Martin Richard W and Martin F
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 Type Sale Price Title Company
Warranty Deed $925,000 None Listed On Document
Warranty Deed $187,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $585,000 New Conventional
Previous Owner $215,000 Credit Line Revolving
Previous Owner $125,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 Pending -- -- --
05/06/2025 05/06/25 Price Changed $1,050,000 -8.7% $324 / Sq Ft
03/15/2025 03/15/25 For Sale $1,150,000 +24.3% $355 / Sq Ft
09/18/2024 09/18/24 Sold $925,000 -7.5% $295 / Sq Ft
08/18/2024 08/18/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $999,900 -9.1% $319 / Sq Ft
05/10/2024 05/10/24 For Sale $1,100,000 -- $351 / Sq Ft
Source: Triad MLS

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
2024 $5,500 $823,937 $308,000 $515,937
2023 $5,500 $823,937 $308,000 $515,937
2022 $4,432 $594,904 $280,500 $314,404
2021 $4,387 $594,904 $280,500 $314,404
2020 $4,387 $594,904 $280,500 $314,404
2019 $4,387 $594,904 $280,500 $314,404
2018 $3,900 $533,247 $243,100 $290,147
2017 $3,935 $533,247 $243,100 $290,147
2016 $4,036 $533,247 $243,100 $290,147
2015 $4,114 $533,247 $243,100 $290,147
2014 $3,967 $541,937 $243,100 $298,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1142057

Triad MLS

APN: 612-068