NOT LISTED FOR SALE

420 Emerald Bay Dr Unit 15 Salisbury, NC 28146

Estimated Value: $510,000 - $842,000

1.28 Acres
$567,755 Price per Acre
55,757 Sq Ft Lot

Last Sold October 02, 2020

Last sale price $91,500

Est. 687% increase in value since last sale

Current estimated payment $4,295/month

352 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Private Lot

About This Lot

As of October 2020

Pretty, 1.27 Acre wooded lot on the WATERFRONT at High Rock Lake! Gated Community! Deep water dock, Sparkling Water Views! Located on Lot 15 in Emerald Bay Subdivision. Deeded slip. Walking Trail along the side of the lot leading down to water. This Beautiful property sits on the Rowan County side of High Rock Lake on the Panther Creek Section. Deep water and uninhibited access to the main channel of the lake. Community offers private boat ramp and storage. Lot perk tested for a 3 bedroom home and ready to build.

Last Agent to Sell the Property

Brenda Farmer

Country Home Real Estate License #108778 Listed on: 07/20/2019

Last Buyer's Agent

Brenda Farmer

Country Home Real Estate License #108778 Listed on: 07/20/2019

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Private Lot

HOA Fees

  • $48 Monthly HOA Fees

Additional Features

  • Crawl Space
  • Septic Needed

Community Details

  • Emeraldbayhomeowners.Com Association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 503A006

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.91960
  • Ratio Close Price By Original Li: 0.91960
  • Ratio Current Price By Acre: 71484.38
  • Restrictions: Architectural Review, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Crawl Space

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 575.00
  • Association Fee Frequency: Annually
  • HOA Management Company: emeraldbayhomeowners.com
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 148x400
  • Lot Features: Adjoins Nat/State Forest, Lake, Private, Sloping, Views, Water view, Waterfront
  • Lot Size Area: 1.280
  • Parcel Number: 503A006
  • Zoning Specification: R
  • Wooded Acres: 1.28

Tax Info

  • Tax Value: 78625.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2019
Closed on
Sep 23, 2020
Sold by
Dydo David W and Dydo Susan E
Bought by
Dippolito Scott and Dippolito Linda
Seller's Agent
Brenda Farmer
Country Home Real Estate
Buyer's Agent
Brenda Farmer
Country Home Real Estate
List Price
$99,500
Sold Price
$91,500
Premium/Discount to List
-$8,000
-8.04%
Current Estimated Value
$719,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,225
Avg. Annual Appreciation
49.22%

Purchase Details

Closed on
Jun 28, 2010
Sold by
Barnard Fred B and Barnard Jeanne M
Bought by
Dydo David W and Dydo Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2006
Sold by
Grubb Jeffrey Alan and Grubb Susan R
Bought by
Barnard Fred B and Barnard Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,600
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dippolito Scott $92,000 None Available
Dydo David W $105,000 None Available
Barnard Fred B $79,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dydo David W $360,000
Previous Owner Dydo David W $78,400
Previous Owner Barnard Fred B $63,600
Previous Owner Grubb Jeffrey A $62,315
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $91,500 -8.0% --
07/06/2020 07/06/20 Pending -- -- --
07/20/2019 07/20/19 For Sale $99,500 -- --
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 $3,669 $547,638 $175,000 $372,638
2024 $3,669 $547,638 $175,000 $372,638
2023 $3,669 $547,638 $175,000 $372,638
2022 $658 $87,975 $87,975 $0
2021 $658 $87,975 $87,975 $0
2020 $658 $87,975 $87,975 $0
2019 $658 $87,975 $87,975 $0
2018 $583 $78,625 $78,625 $0
2017 $583 $78,625 $78,625 $0
2016 $567 $78,625 $78,625 $0
2015 $576 $78,625 $78,625 $0
2014 $552 $78,625 $78,625 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3528283

Canopy MLS (Canopy Realtor® Association)

APN: 503-A006