NOT LISTED FOR SALE

431 Emerald Bay Dr Salisbury, NC 28146

Estimated Value: $49,876 - $117,000

1.54 Acres
$48,032 Price per Acre
67,082 Sq Ft Lot

Last Sold April 13, 2020

Last sale price $30,000

Est. 147% increase in value since last sale

Current estimated payment $482/month

4 Days on Market

About This Lot

As of April 2020

Build your dream home on this wonderful lot with 1.54 AC! Located in the privately gated lake front community of Emerald Bay! Community dock, boat ramp, boat storage along with walking trails leading down to water. Deep water and uninhibited access to the main channel of the lake. This lot adjoins property located at 423 Emerald Bay Drive, Salisbury NC and can be bundled as a package deal.
Perc test has been requested from Rowan County Environmental.

Last Agent to Sell the Property

Melissa Yates

Lantern Realty & Development, LLC Salisbury Branch License #307917 Listed on: 03/18/2020

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $318

Lot Details

  • 1.54 Acre Lot
  • Lot Dimensions are 153 x 373 x 300 x 260
  • Level Lot
  • Wooded Lot

HOA Fees

  • $48 Monthly HOA Fees

Schools

  • Erwin Middle School
  • East Rowan High School

Listing and Financial Details

  • Assessor Parcel Number 503F004
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$318

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 1.54
  • Lot Size: 153 x 373 x 300 x 260
  • Road Surface Type: Paved
  • 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 Left onto Bringle Ferry Rd (8.1 mi) Follow Black Rd & Emerald Ridge Rd to Emerald Bay Dr 1.3 mi
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Level, Subdivided, Wooded
  • Flood Zone: Not in Flood Zone

Utilities

  • Electric: Energy United

Condo/Co-op/Association

  • Association Fee: 575
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Wooded Area: 67082.4
  • Parcel #: 503F004
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 19480.5195
  • TRIADMLS_DeedPage: 954
  • TRIADMLS_DeedBook: 1255
  • TRIADMLS_PlatBook: 9995-2691
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 318
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.7475

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2022
Sold by
Humphrey David G and Humphrey Mary D
Bought by
Mecham Michael G and Mecham Susan Nadine
Current Estimated Value
$73,969

Purchase Details

Listed on
Mar 18, 2020
Closed on
Apr 13, 2020
Sold by
Patterson Thomas Rufty and Patterson Traci Mcelrath
Bought by
Humphrey David G and Humphrey Mary D
Seller's Agent
Melissa Yates
Lantern Realty & Development, LLC Salisbury Branch
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.39%

Purchase Details

Closed on
Jul 28, 2015
Sold by
Comtois Francis L and Comtois Pauline A
Bought by
Patterson Thomas Rufty and Patterson Traci Mcelrath

Purchase Details

Closed on
Apr 3, 2007
Sold by
Stephenson Donna T and Stephenson Charles N
Bought by
Comtois Francis L and Comtois Pauline A

Purchase Details

Closed on
Dec 20, 2004
Sold by
Stephenson Charles N
Bought by
Stephenson Donna T
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
Mecham Michael G $45,000 Shoaf Law Firm Pa
Humphrey David G $30,000 None Available
Patterson Thomas Rufty $28,000 None Available
Comtois Francis L $42,000 None Available
Stephenson Donna T -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $30,000 -- --
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 $342 $51,000 $51,000 $0
2024 $342 $51,000 $51,000 $0
2023 $342 $51,000 $51,000 $0
2022 $318 $42,500 $42,500 $0
2021 $318 $42,500 $42,500 $0
2020 $318 $42,500 $42,500 $0
2019 $318 $42,500 $42,500 $0
2018 $315 $42,500 $42,500 $0
2017 $315 $42,500 $42,500 $0
2016 $307 $42,500 $42,500 $0
2015 $311 $42,500 $42,500 $0
2014 $298 $42,500 $42,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Yates

    Seller's Agent in 2020

    Melissa Yates

    Lantern Realty & Development, LLC Salisbury Branch

    (704) 239-3835

    153 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    NONMEMBER NONMEMBER

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Map

Source: Triad MLS

MLS Number: 970305

Triad MLS

APN: 503-F004

North Carolina Rowan County Salisbury 28146

431 Emerald Bay Dr, Salisbury, NC

This home is located at 431 Emerald Bay Dr, Salisbury, NC 28146 since 18 March 2020 and is currently estimated at $73,969. 431 Emerald Bay Dr is a home located in Rowan County with nearby schools including Morgan Elementary School, Charles C Erwin Middle School, and East Rowan High School.

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