NOT LISTED FOR SALE

640 Waters Rd Salisbury, NC 28146

Estimated Value: $1,094,000 - $1,179,349

3 Beds
4.5 Baths
5,200 Sq Ft
$219/Sq Ft Est. Value

Sale Details

Date Sold: September 3, 2015

Last sale price $515,000 $99 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $6,628 / mo

13 Days on Market

Highlights

  • Tennis Courts
  • Wood Flooring
  • 8 Car Garage
  • Transitional Architecture
  • Great Room with Fireplace
  • Porch

About This Home

As of September 2015

Beautiful 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

  • 31,799 Sq Ft 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,170

Year Built

Built in 1999

Lot Details

0.73 Acres

Parking

8

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.73
  • Lot Size: 140(Water) x 396 x 100 x 295
  • Subdivision Name: None
  • Directions: Bringle Ferry Rd, Left on Providence Church Rd. Right on Waters Rd. (Waters Edge Subdivision) Home is on the Left.
  • Above Grade Finished Sq Ft: 4914
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Year Built: 1999
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1500 - 1900
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4400 - 5200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • TRIADMLS_AdCopy: Beautiful Waterfront Home in Waters Edge Waterfront Community on NC's 2nd Largest Lake! (High Rock) This Home has Total WOW Factor! 4 Bedroom, 4.5 baths, almost 5,000 Sq.Ft, w/140 ft. of Water Frontage! A MUST SEE! www.LandOrLakeRealty.com 704-636-7373
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Soaking Tub
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 4914
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Tennis Court(s)
  • Fencing: None
  • Construction Type: Stone, Vinyl Siding, Wood Siding

Garage/Parking

  • Garage Spaces: 8
  • Parking Features: Attached, Detached
  • Garage Description: Attached Garage, Detached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 387
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 614 061
  • Zoning: SFR
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 3169.7
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.6965

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Bought by
Current Estimated Value
$1,140,450

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
$525,164

Purchase Details

Listed on
Jul 1, 2015
Closed on
Sep 3, 2015
Sold by
Bought by
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
7.64%
Original Mortgage
$412,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2004
Sold by
Bought by

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
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 None Available
$515,000 None Available
$335,000 --
$285,510 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $680,000
Previous Owner $412,000
Previous Owner $214,500
Closed $155,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Triad MLS

APN: 614-061

North Carolina Rowan County Salisbury 28146

640 Waters Rd, Salisbury, NC

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