640 Waters Rd Salisbury, NC 28146
Estimated Value: $1,137,000 - $1,242,000
3
Beds
4.5
Baths
5,200
Sq Ft
$228/Sq Ft
Est. Value
Highlights
- Tennis Courts
- Wood Flooring
- 8 Car Garage
- Transitional Architecture
- Great Room with Fireplace
- Porch
About This Home
As of September 2015Beautiful Waterfront Home on High Rock Lake, the 2nd largest lake in NC. This northern exposure offers 4 bedrooms, 4.5 baths, side load 2 car & detached 2 car w/ rec room above. Finished walk-out basement w/ bedroom, full bath, living rm w/ fireplace, bar & more. Master on main w/ floor to ceiling windows w/ tons of light and lake views. Wood floors, cathedral ceilings, upper & lower decks. Large pier & No bridge restrictions & direct access to waterfront dining and more. Start Lake Living Today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,170
Year Built
- Built in 1999
Lot Details
- 0.73 Acre Lot
Parking
- 8 Car Garage
Home Design
- Transitional Architecture
- Wood Siding
- Vinyl Siding
- Stone
Interior Spaces
- 4,914 Sq Ft Home
- 4,400-5,200 Sq Ft Home
- Property has 2 Levels
- Great Room with Fireplace
- Cooktop
- Finished Basement
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Soaking Tub
Outdoor Features
- Tennis Courts
- Porch
Schools
- Charles C. Erwin Middle School
- East Rowan High School
Utilities
- Central Air
- Heat Pump System
- Well
- Electric Water Heater
Community Details
- Property has a Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 614 061
- 1% Total Tax Rate
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 30, 2021
Sold by
Sauls James H and Sauls Dawn B
Bought by
Cobb Patrick and Cobb Tia
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$615,286
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$571,586
Purchase Details
Listed on
Jul 1, 2015
Closed on
Sep 3, 2015
Sold by
Thompson Frederick A and Thompson Beatrick H
Bought by
Buchanan Dawn M and Sauls James H
List Price
$539,000
Sold Price
$515,000
Premium/Discount to List
-$24,000
-4.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
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
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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 |
|---|---|---|---|---|
| 09/03/2015 09/03/15 | Sold | $515,000 | -4.5% | $117 / Sq Ft |
| 07/15/2015 07/15/15 | Pending | -- | -- | -- |
| 07/01/2015 07/01/15 | For Sale | $539,000 | -- | $123 / 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 | $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
Map
Source: Triad MLS
MLS Number: 763118
APN: 614-061
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