$379,900
SOLD APR 13, 2020

423 Emerald Bay Dr Salisbury, NC 28146

3 Beds
2.5 Baths
2,900 Sq Ft
1.63 Acres

Recently Sold

$131 Per Sq Ft

5 Days on Market

Highlights

  • Secluded Lot
  • Wood Flooring
  • Attic
  • Partially Wooded Lot
  • Main Floor Primary Bedroom
  • Solid Surface Countertops

About This Home

As of June 2022

Beautiful custom built home! You'll find a large great room, gourmet kitchen with plenty of cabinet and storage space, large bedrooms with walk-in closets. Great room, perfect for entertaining. You'll find 3/4 red oak hardwood floors throughout. Master has cedar lined walk-in closet. Extra space, there is an unheated finished bonus room above the 2 car garage. Home built with encapsulated crawl space and wrapped in 1/2 inch silver foam for energy efficiency. Nestled in gated lake front community.

Last Agent to Sell the Property

Melissa Yates

Lantern Realty & Development, LLC Salisbury Branch License #307917 Listed on: 03/17/2020

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,409

Year Built

  • Built in 2009

Lot Details

  • 1.63 Acre Lot
  • Lot Dimensions are 154 x 496 x 200 x 373
  • Secluded Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned R005

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,687 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Flooring
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Attic

  • Walk-In Attic
  • Pull Down Stairs to Attic

Outdoor Features

  • Porch

Schools

  • Charles C. Erwin Middle School
  • East Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Emerald Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503F005
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,409

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.63
  • Lot Size: 154 x 496 x 200 x 373
  • Subdivision Name: Emerald Bay
  • Directions: Take I-85 N to Old Union Church Rd in East Spencer. Exit 79 from I-85 N (5.8 mi) Follow Old Union Church Rd to Bringle Ferry Rd in Providence (3.1 mi) Turn L onto Bringle Ferry Rd 10 min (8.1 mi) Follow Black Rd & Emerald Ridge Rd to Emerald Bay Dr 1.3 m
  • Above Grade Finished Sq Ft: 2687
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2009
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Cooktop, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2687
  • Main Level Bathrooms: 2
  • Attic Description: Partially Floored, Pulldown Stairs, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: None
  • Lot Features: Level, Partially Cleared, Partially Wooded, Secluded, Subdivided
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Garage Door Opener, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage

Utilities

  • Sewer: Private Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 575
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 503F005
  • Zoning: R005
  • TRIADMLS_PricePerAcre: 233067.4847
  • TRIADMLS_PlatPage: 2808
  • TRIADMLS_DeedPage: 805
  • TRIADMLS_DeedBook: 1108
  • TRIADMLS_PlatBook: 2808
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 2409
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.7475

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2022
Closed on
Jun 15, 2022
Sold by
Humphrey David G and Humphrey Mary D
Bought by
Mecham Michael Gregory and Mecham Susan Nadine
Seller's Agent
DeAnn Scheppele
Divine Living Real Estate LLC
Buyer's Agent
John Peters
JPeters Realty, LLC
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$686,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,451
Avg. Annual Appreciation
7.50%

Purchase Details

Listed on
Mar 17, 2020
Closed on
Apr 13, 2020
Sold by
Patterson Thomas Rufty and Patterson Traci Mcelrath
Bought by
Humphrey David G and Marshall Mary D
Seller's Agent
Melissa Yates
Lantern Realty & Development, LLC Salisbury Branch
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$379,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.05%

Purchase Details

Closed on
Nov 13, 2007
Sold by
Marathon Land Developers Llc
Bought by
Patterson Thomas Rufty and Patterson Traci Mcelrath

Purchase Details

Closed on
Feb 26, 2007
Sold by
Kej Marketing Co Inc
Bought by
Marathon Land Developers Llc
Source: Public Records

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Range of Values:

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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 $575,000 Shoaf Law Firm Pa
Warranty Deed $380,000 None Available
Warranty Deed $33,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $55,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $575,000 0.0% $214 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/08/2022 05/08/22 For Sale $575,000 +51.4% $214 / Sq Ft
04/13/2020 04/13/20 Sold $379,900 -- $158 / 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
2025 $3,348 $499,727 $60,000 $439,727
2024 $3,348 $499,727 $60,000 $439,727
2023 $3,348 $499,727 $60,000 $439,727
2022 $2,409 $322,246 $50,000 $272,246
2021 $2,409 $322,246 $50,000 $272,246
2020 $2,409 $322,246 $50,000 $272,246
2019 $2,409 $322,246 $50,000 $272,246
2018 $2,161 $291,494 $50,000 $241,494
2017 $2,161 $291,494 $50,000 $241,494
2016 $2,103 $291,494 $50,000 $241,494
2015 $2,135 $291,494 $50,000 $241,494
2014 $2,056 $292,798 $50,000 $242,798
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 970082

Triad MLS

APN: 503-F005