NOT LISTED FOR SALE

485 Lake Pointe Ln Salisbury, NC 28146

Estimated Value: $1,192,000 - $1,260,085

3 Beds
3.5 Baths
5,050 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $1,075,000 $213 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,261/month

11 Days on Market

Highlights

  • Pier
  • Deck
  • Wood Flooring
  • Fireplace in Primary Bedroom
  • Contemporary Architecture
  • Screened Porch

About This Home

As of August 2022

One of the Most Incredible Waterfront Properties on High Rock w/miles of Lake views. Over 300ft of premier shoreline! Simply stunning w/ impeccable design in every detail. Beautiful 1.5 acre property located in private cul-de-sac and secluded neighborhood. Home is FULL OF CHARACTER! Open floorplan, large rooms and storage everywhere! Main level living features a beautiful kit/dinning/great room/office and primary suite with AMAZING VIEWS from the floor to ceiling windows. Bonus room is unfinished but does have HVAC system so many possibilities. Downstairs has 2 main suites, kitchen, and large family room and enclosed sunroom, 2 stairways & private entrance. The backyard is a summer paradise where family and friends will gather; the dock, the sandy beach and firepit are just waiting on you. This home has many additional features. (Seller would like to do a lease back up to 3 months)

Last Agent to Sell the Property

Wendy Carlton

Century 21 Towne and Country License #226880 Listed on: 06/27/2022

Century 21 Towne and Country

Last Buyer's Agent

Monica Poole

Monica Poole Realty LLC License #227514

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,810

Year Built

  • Built in 1996

Lot Details

  • Irrigation
  • Property is zoned R-3

HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Vinyl Siding
  • Stucco

Interior Spaces

  • Tray Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Propane Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Recreation Room with Fireplace
  • Screened Porch
  • Home Security System
  • Basement

Kitchen

  • Built-In Oven
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Brick
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Pier
  • Waterfront has a Concrete Retaining Wall
  • Deck

Utilities

  • Heat Pump System
  • Shared Well
  • Community Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Lake Pointe HOA, Phone Number (704) 680-2585
  • Lake Pointe Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 644 137

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,810

Year Built

Built in 1996

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1996
  • Ratio Current Price By Acre: 716666.67
  • Restrictions: Building,Subdivision
  • Doors and Windows: Insulated Windows
  • Road Surface Type: Concrete
  • Structure Type: One Story/Basement/F.R.O.G.
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 212.87
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Brick, Laminate, Hardwood, Tile, Wood
  • Interior Amenities: Cable Available, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2633
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 693
  • Sq Ft Unheated Upper: 693
  • Sq Ft Upper: 0
  • Porch: Covered,Deck,Glass,Screened,Side
  • Fixture Exception Description: Canoe in Bonus Room, All Metal Signs
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Generator Hookup, Plumbed For Ice Maker, Intercom, Oven, Refrigerator, Security System, Wall Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 2417
  • Fireplace Features: Family Room, Gas Log, Living Room, Primary Bedroom, Propane, Recreation Room, Wood Burning
  • Living Area: 5050
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Roof: Composition
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: High Rock Lake
  • Waterfront Features: Beach - Private, Boat Ramp – Community, Boat Slip – Community, Dock, Pier, Retaining Wall, Dock
  • Construction Type: Fiber Cement, Stucco, Stone, Vinyl Siding, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 1049
  • Parking Features: Attached Garage, Garage - 3 Car, Parking Space - 3

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Community Well, Shared Well

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association #2 Fee: 100
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Lake Pointe HOA
  • Phone: 704-680-2585
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Management Name 2: Cube Hydro-Pier Permit
  • HOA Management Phone 2: 704-422-5555
  • CAR_YearlyHOAExpense: 700.00

Lot Info

  • Lot Features: Lake On Property, Lake Access, Water View, Waterfront, Year Round View
  • Lot Size Area: 1.5
  • Lot Size Units: Acres
  • Parcel Number: 644 137
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.95727

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 15, 2022
Sold by
Horton Ronald H and Horton Sharon S
Bought by
Rice Paul F and Rice Sarah S
Seller's Agent
Wendy Carlton
Century 21 Towne and Country
Buyer's Agent
Monica Poole
Monica Poole Realty LLC
List Price
$1,200,000
Sold Price
$1,075,000
Premium/Discount to List
-$125,000
-10.42%
Current Estimated Value
$1,220,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,028
Avg. Annual Appreciation
4.82%
Original Mortgage
$752,500
Outstanding Balance
$720,210
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$520,107

Purchase Details

Closed on
Apr 9, 2021
Sold by
Hatley Brian C and Hatley Starla H
Bought by
Horton Ronald H and Horton Sharon S

Purchase Details

Closed on
Apr 9, 2020
Sold by
Horton Ronald H and Horton Sharon S
Bought by
Hatley Brian C and Hatley Starla H

Purchase Details

Closed on
Jun 24, 2005
Sold by
Horton Ronald H and Horton Sharon S
Bought by
Horton Ronald H and Horton Sharon S
Source: Public Records

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 Buyer Sale Price Title Company
Rice Paul F $1,075,000 None Listed On Document
Horton Ronald H -- None Listed On Document
Hatley Brian C -- None Available
Horton Ronald H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Paul F $752,500
Previous Owner Horton Ron $298,500
Previous Owner Horton Ron $169,500
Previous Owner Horton Ronald H $375,000
Previous Owner Horton Ronald H $410,000
Previous Owner Horton Ronald H $236,189
Previous Owner Horton Ronald H $242,000
Previous Owner Horton Ronald H $150,000
Previous Owner Horton Ronald H $50,000
Previous Owner Horton Ronald H $267,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $1,075,000 -10.4% $213 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $1,200,000 -- $238 / Sq Ft
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 $6,810 $1,031,821 $218,750 $813,071
2024 $6,810 $1,031,821 $218,750 $813,071
2023 $6,810 $1,031,821 $218,750 $813,071
2022 $4,522 $613,099 $187,500 $425,599
2021 $4,360 $613,099 $187,500 $425,599
2020 $4,360 $613,099 $187,500 $425,599
2019 $4,360 $613,099 $187,500 $425,599
2018 $3,809 $539,998 $162,500 $377,498
2017 $3,809 $539,998 $162,500 $377,498
2016 $3,910 $539,998 $162,500 $377,498
2015 $3,869 $539,998 $162,500 $377,498
2014 $3,746 $533,146 $162,500 $370,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3874564

Canopy MLS (Canopy Realtor® Association)

APN: 644-137