NOT LISTED FOR SALE

640 Waters Rd Unit 9 Salisbury, NC 28146

Estimated Value: $1,137,000 - $1,242,000

3 Beds
4.5 Baths
4,865 Sq Ft
$244/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $850,000 $175 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,654/month

8 Days on Market

Highlights

  • Pier
  • Open Floorplan
  • Wood Flooring
  • Waterfront
  • Transitional Architecture
  • Tennis Courts

About This Home

As of April 2021

Waterfront Home w/140'of shoreline & Private Pier.Located on High Rock Lake,near the main channel,no bridge obstructions.Home features remodeled kitchen w/a huge granite island/table.Master has a remodeled ensuite w/walk in shower,huge walk in closet w/an incredible shoe closet.Main level has master,kitchen,2 story great room w/floor to ceiling windows overlooking the lake,laundry,pantry,study,1/2 bath.Upper level features 2 guest bdrms ea w/private bath and lots of attic storage.Finished walk out basement has a room used as a bedroom (no window),full bath,living/entertaining area,bar area,propane log fireplace,side entry 2 car garage and a detached oversized 2 car garage w/lots of storage room above.2 HVAC Dual Fuel systems 2-3 years old,new roof 2016, exterior paint 2020,new Generac whole house generator 2020,but best of all is the lake view. Schedule your showing today. Professional photos/measurements coming next week. 5 min. to I-85, 40 min to Charlotte,Winston Salem & Greensboro.

Last Agent to Sell the Property

Carole Bryson

Lake Homes Realty LLC License #126728 Listed on: 02/26/2021

Lake Homes Realty LLC

Last Buyer's Agent

Carole Bryson

Lake Homes Realty LLC License #126728 Listed on: 02/26/2021

Lake Homes Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.73 Acre Lot
  • Waterfront
  • Level Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Walk-In Attic

Kitchen

  • Walk-In Pantry
  • Double Convection Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Pier
  • Balcony
  • Patio
  • Front Porch

Utilities

  • Power Generator
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 614061

Community Details

Overview

  • Patty Shields Association
  • Waters Edge Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0.73 Acres

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1999
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 174.72
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk In, Cable Prewire, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2388
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 42
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 295
  • Sq Ft Unheated Upper: 253
  • Sq Ft Upper: 784
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Water Heater, Refrigerator
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 3172
  • Has Basement: Basement, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1693
  • Fireplace Features: Gas Log, Propane
  • Living Area: 4865
  • Bedroom Main: 1
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: High Rock Lake
  • Waterfront Features: Dock, Pier
  • Construction Type: Stone, Wood
  • Patio And Porch Features: Balcony, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Basement, Attached Garage, Detached Garage, Garage Door Opener, Garage Faces Side, Keypad Entry

Utilities

  • Heating: Other - See Remarks
  • Sewer: Private Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Ceiling Fan(s)
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Tennis Court(s)
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Patty Shields
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: pdshields@yahoo.com

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, Waterfront, Lake On Property
  • Lot Size Units: Acres
  • Parcel Number: 614061
  • Zoning: RES
  • Lot Size Acres: 0.73
  • Lot Size: 100x295x140WFx396
  • Lot Size Sq Ft: 31798
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 30, 2021
Sold by
Sauls James H and Sauls Dawn B
Bought by
Cobb Patrick and Cobb Tia
Seller's Agent
Carole Bryson
Lake Homes Realty LLC
Buyer's Agent
Carole Bryson
Lake Homes Realty LLC
List Price
$879,900
Sold Price
$850,000
Premium/Discount to List
-$29,900
-3.4%
Current Estimated Value
$1,186,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,872
Avg. Annual Appreciation
7.07%
Original Mortgage
$680,000
Outstanding Balance
$615,286
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$571,586

Purchase Details

Closed on
Sep 3, 2015
Sold by
Thompson Frederick A and Thompson Beatrick H
Bought by
Buchanan Dawn M and Sauls James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2004
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Thompson Frederick A and Thompson Beatrice H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 13, 2004
Sold by
Cummings Barry and Cummings Melissa
Bought by
Wells Fargo Bank Minnesota Na
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
Cobb Patrick $850,000 None Available
Buchanan Dawn M $515,000 None Available
Thompson Frederick A $335,000 --
Wells Fargo Bank Minnesota Na $285,510 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobb Patrick $680,000
Previous Owner Buchanan Dawn M $412,000
Previous Owner Thompson Frederick A $214,500
Closed Thompson Frederick A $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $850,000 -3.4% $175 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $879,900 -- $181 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $5,399 $850,254 $175,000 $675,254
2024 $5,399 $850,254 $175,000 $675,254
2023 $5,399 $850,254 $175,000 $675,254
2022 $3,955 $555,138 $150,000 $405,138
2021 $3,844 $555,138 $150,000 $405,138
2020 $3,844 $555,138 $150,000 $405,138
2019 $3,844 $555,138 $150,000 $405,138
2018 $3,401 $495,050 $130,000 $365,050
2017 $3,401 $495,050 $130,000 $365,050
2016 $3,260 $474,524 $130,000 $344,524
2015 $3,313 $474,524 $130,000 $344,524
2014 $3,218 $469,777 $130,000 $339,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3712162

Canopy MLS (Canopy Realtor® Association)

APN: 614-061

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