NOT LISTED FOR SALE

755 Hidden Cove Dr Salisbury, NC 28146

Estimated Value: $826,000 - $863,546

3 Beds
3 Baths
3,800 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $482,500 $127 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,032/month

33 Days on Market

Highlights

  • Wood Flooring
  • Cul-De-Sac
  • 8 Car Attached Garage
  • Balcony
  • Porch
  • Ceiling Fan

About This Home

As of June 2017

Exquisite waterfront home offering 5 bed/3 full baths. Open floor plan sunset views of the lake from almost every room. Lower level offers kitchen/living/fireplace/rec/2 addl bedrooms & full bath. Room for 6-8 cars & all your toys. (garage 1 is 40'x60' & garage 2 is 40'x30') Enjoy your private dock/pier w/direct main channel access to the 2nd largest lake in NC, High Rock Lake. Large decks, fenced in yard w/irrigation & whole home generator are just a few upgrades this home offers.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,780

Year Built

  • Built in 1992

Lot Details

  • 0.69 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 8 Car Attached Garage
  • Front Facing Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • 3,200-3,800 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace
  • Dishwasher
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Schools

  • Charles C. Erwin Middle School
  • East Rowan High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 646115
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,780

Year Built

Built in 1992

Lot Details

0

HOA Fees

$10 per month

Parking

8

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Lot Size: 46 x 258 x 191 x 300WF
  • Subdivision Name: None
  • Directions: Bringle Ferry Road, Left on Clark Road, Left on Riverwalk, Left on Dockside, Right on Hidden Cove
  • Above Grade Finished Sq Ft: 3600
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1992
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1600 - 1900
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3200 - 3800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • TRIADMLS_AdCopy: Exquisite Waterfront Home offers 5 BDRMS, 3 BA, 2nd Living Quarters, & Private Dock/Pier . Room for 6-8 cars and all your toys on High Rock Lake! (Rowan County) For more info: Land or Lake Realty 704-636-7373 www.LandOrLakeRealty.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Guest Quarters, Ceiling Fan(s)
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1800
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 3600
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Balcony
  • Fencing: None
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Pier
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 8
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached, Garage Faces Rear, Garage Faces Front
  • Garage Description: Attached Garage, Back Load Garage, Front Load Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 646115
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 724565.2174
  • TRIADMLS_DeedPage: 671
  • TRIADMLS_DeedBook: DC92
  • TRIADMLS_PlatBook: 9995-2176
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2780
  • Tax Lot: 21
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.6225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2017
Closed on
May 25, 2017
Sold by
Brinster Ruth Goller
Bought by
Tennent Edward Smith and Tennent Lynda Gregory
List Price
$524,900
Sold Price
$482,500
Premium/Discount to List
-$42,400
-8.08%
Current Estimated Value
$839,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,349
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
Sep 27, 2010
Sold by
Ross Kelly and Ross Kristin N
Bought by
Brinster Stanley R and Brinster Ruth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Morse Avery M and Morse Nancy A
Bought by
Ross Kelly and Ross Kristin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,600
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Tennent Edward Smith $482,500 None Available
Brinster Stanley R $515,000 None Available
Ross Kelly $409,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brinster Stanley R $250,000
Previous Owner Ross Kristin N $324,200
Previous Owner Ross Kristin N $20,000
Previous Owner Ross Kristin N $20,000
Previous Owner Ross Kelly $327,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $482,500 -8.1% $151 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $524,900 -- $164 / Sq Ft
Source: Triad MLS

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 $5,349 $810,500 $150,000 $660,500
2024 $4,667 $707,196 $150,000 $557,196
2023 $32 $707,196 $150,000 $557,196
2022 $3,718 $504,159 $117,000 $387,159
2021 $3,586 $504,159 $117,000 $387,159
2020 $3,586 $504,159 $117,000 $387,159
2019 $3,586 $504,159 $117,000 $387,159
2018 $3,002 $425,553 $102,000 $323,553
2017 $2,721 $385,693 $102,000 $283,693
2016 $2,780 $385,693 $102,000 $283,693
2015 $2,829 $385,693 $102,000 $283,693
2014 $2,737 $380,234 $102,000 $278,234
Source: Public Records

Map

Source: Triad MLS

MLS Number: 829439

Triad MLS

APN: 646-115