NOT LISTED FOR SALE

565 Waters Rd Salisbury, NC 28146

Estimated Value: $680,000 - $845,000

3 Beds
2.5 Baths
2,200 Sq Ft
$344/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $600,000 $273 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,285/month

3 Days on Market

Highlights

  • In Ground Pool
  • Partially Wooded Lot
  • Great Room with Fireplace
  • Contemporary Architecture
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of April 2022

Beautiful, lovingly maintained brick home in Waters Edge. Enjoy the roominess of the 1.59 acre lot in this High Rock Lake neighborhood. In ground pool and hot tub for relaxing outdoors. Professional landscaping and tree-lined back yard will appeal to nature lovers. The large concrete drive and convenient access to the basement with overhead door will make storing all your toys a breeze. The options are endless in the unfinished basement; high ceilings and open spaces make this an ideal garage/shop....or??? Half bath in the basement is handy when working in the shop or when using the hot tub and pool. There is also a large covered front porch for rocking chair sitting and a 400 square foot rear deck for entertaining. Now to the interior features! One level living with open floor plan is cozy and charming. This home boasts a split bedroom plan, formal dining, spacious kitchen, laundry room and an attached 2 car garage on the main level. See this one quickly before it's gone!

Last Agent to Sell the Property

Jill Dickson

TMR Realty, Inc. License #303717 Listed on: 02/22/2022

Last Buyer's Agent

Keith Knight

Wallace Realty Company License #200248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,671

Year Built

  • Built in 2010

Lot Details

  • 1.59 Acre Lot
  • Lot Dimensions are 318 x 311 x 120 x 296
  • Partially Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,051 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Laundry on main level
  • Unfinished Basement

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • In Ground Pool

Schools

  • Erwin Middle School
  • East Rowan High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Waters Edge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 614164
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,671

Year Built

Built in 2010

Lot Details

1.59 Acres

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.59
  • Lot Size: 318 x 311 x 120 x 296
  • Subdivision Name: Waters Edge
  • Directions: Use GPS
  • Architectural Style: Contemporary
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2010
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Gas Cooktop, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 2051
  • Main Level Bathrooms: 2
  • TRIADMLS_HalfBathsLower: 1
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden
  • Lot Features: Partially Wooded, Subdivided
  • Pool Features: In Ground
  • Construction Type: Brick
  • TRIADMLS_PoolYN: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 614164
  • Zoning: R
  • TRIADMLS_PlatBook: 9995-1588
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 2671
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Apr 29, 2022
Sold by
Hallock Geoffrey W and Hallock Deborah L
Bought by
Ritchey Bruce A and Ritchey Laura M
Seller's Agent
Jill Dickson
TMR Realty, Inc.
Buyer's Agent
Keith Knight
Wallace Realty Company
Sold Price
$600,000
Current Estimated Value
$756,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,677
Avg. Annual Appreciation
6.15%
Original Mortgage
$480,000
Outstanding Balance
$448,113
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$308,564

Purchase Details

Listed on
Aug 22, 2016
Closed on
Oct 19, 2016
Sold by
Goodnight Floyd David and Goodnight Sheila K
Bought by
Hallock Geoffrey W and Hallock Deborah L
List Price
$329,900
Sold Price
$315,000
Premium/Discount to List
-$14,900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%

Purchase Details

Closed on
Jan 7, 2009
Sold by
Poteat James Michael
Bought by
Goodnight Floyd David and Goodnight Sheila K

Purchase Details

Closed on
Dec 28, 2006
Sold by
Crook Harry Edward and Crook Hilda Lacinda
Bought by
Poteat James Michael

Purchase Details

Closed on
Aug 8, 2005
Sold by
Kesler Michael D and Thompson Deborah J
Bought by
Crook Harry Edward and Crook Hilda Lacinda

Purchase Details

Closed on
Apr 26, 2004
Sold by
Morgan John H and Morgan Jami Oates
Bought by
Kesler Michael D and Thompson Deborah J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ritchey Bruce A $600,000 Overbey Jon
Ritchey Bruce A $600,000 Overbey Jon
Hallock Geoffrey W $315,000 None Available
Goodnight Floyd David $38,000 None Available
Poteat James Michael $34,000 None Available
Crook Harry Edward $30,000 --
Kesler Michael D $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritchey Bruce A $480,000
Closed Ritchey Bruce A $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $600,000 +90.5% $333 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
01/18/2017 01/18/17 Off Market $315,000 -- --
10/19/2016 10/19/16 Sold $315,000 -4.5% $140 / Sq Ft View Prior Sale
10/07/2016 10/07/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $329,900 -- $147 / Sq Ft
Source: Triad MLS

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 $4,177 $657,846 $55,650 $602,196
2024 $4,177 $657,846 $55,650 $602,196
2023 $3,922 $617,586 $55,650 $561,936
2022 $2,710 $380,327 $35,817 $344,510
2021 $2,671 $385,745 $35,817 $349,928
2020 $2,671 $385,745 $35,817 $349,928
2019 $2,671 $385,745 $35,817 $349,928
2018 $2,375 $345,672 $35,817 $309,855
2017 $2,306 $335,574 $35,817 $299,757
2016 $2,338 $339,757 $40,000 $299,757
2015 $2,376 $339,757 $40,000 $299,757
2014 $2,374 $346,135 $40,000 $306,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1059687

Triad MLS

APN: 614-164

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