NOT LISTED FOR SALE

Lot 56 Emerald Bay Dr Unit 56 Salisbury, NC 28146

Estimated Value: $486,000 - $583,000

1.91 Acres
$269,220 Price per Acre
83,200 Sq Ft Lot

Last Sold September 29, 2017

Last sale price $20,500

Est. 2,370% increase in value since last sale

Current estimated payment $3,024/month

179 Days on Market

Highlights

  • Access To Lake
  • Community Lake
  • Wooded Lot
  • Gated Community
  • Private Lot
  • Recreation Facilities

About This Lot

As of September 2017

1.91ac on Emerald Bay Dr, Beautiful Homesite in Gated Water Front Community. Community offers boat ramp, daily use boat slips, secured boat/RV storage & backs up directly to the Eagle Point Nature Preserve w/3 miles of walking trails. This protected area means no one can build behind you except the Bald Eagles & other beautiful wildlife. This community is located on the 2nd Largest Lake in NC, High Rock Lake. Enjoy boating, fishing & skiing or take a sunset cruse to one of the many restaurants.

Last Agent to Sell the Property

London Perry Scialdone

Land or Lake Realty LLC License #268316 Listed on: 03/13/2017

Last Buyer's Agent

London Perry Scialdone

Land or Lake Realty LLC License #268316 Listed on: 03/13/2017

Property Details

Property Type

  • Land

Lot Details

  • Private Lot
  • Wooded Lot
  • Property is zoned Residential Acreage

HOA Fees

  • $48 Monthly HOA Fees

Home Design

  • Slab Foundation

Additional Features

  • Crawl Space
  • Well

Listing and Financial Details

  • Assessor Parcel Number 503D005

Community Details

Overview

  • Www.Emeraldbayhomeowners.Com Association
  • Community Lake

Recreation

  • Recreation Facilities
  • Trails
  • Access To Lake

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.82329
  • Ratio Close Price By Original Li: 0.82329
  • Ratio Current Price By Acre: 10732.98
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Allowed, Square Feet
  • Additional Information: Perc Report
  • Special Features: None

Interior Features

  • Foundation Details: Block, Brick, Concrete, Crawl Space, Slab

Utilities

  • Sewer: Septic Tank
  • Water: Well

Condo/Co-op/Association

  • Community Features: Boat Ramp, Gated Community, Lake, Lake Access, Recreation Area, Street Lights, Walking Trails
  • Association Fee: 575.00
  • Association Fee Frequency: Annually
  • HOA Management Company: www.EmeraldBayHomeowners.com
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 160x347x337x302
  • Lot Features: Adjoins Nat/State Forest, Cul-de-sac Lot, Lake Access, Paved Frontage, Private, Views, Water view, Wooded
  • Lot Size Area: 1.910
  • Parcel Number: 503D005
  • Zoning: Residential Acreage
  • Zoning Specification: SFR
  • Plat Reference Section Pages: 391
  • Wooded Acres: 1.91

Tax Info

  • Tax Value: 42500.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2021
Sold by
Tischler Philip N and Tischler Sheila
Bought by
Tischler Philip N and Tischler Sheila
Current Estimated Value
$506,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2017
Closed on
Sep 25, 2017
Sold by
Yates Richard Eugene and Yates Melissa Bentley
Bought by
Tischler Sheila Ann
Seller's Agent
London Perry Scialdone
Land or Lake Realty LLC
Buyer's Agent
London Perry Scialdone
Land or Lake Realty LLC
List Price
$24,900
Sold Price
$20,500
Premium/Discount to List
-$4,400
-17.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.67%

Purchase Details

Closed on
Mar 23, 2015
Sold by
Steelman Dusty Wayne and Steelman Virginia Marie
Bought by
Yates Richard Eugene and Yates Melissa Bentley

Purchase Details

Closed on
Mar 20, 2015
Sold by
Emerald Bay Homeowners Association Inc
Bought by
Steelman Dusty Wayne and Steelman Virginia Marie

Purchase Details

Closed on
Dec 16, 2014
Sold by
Marathon Land Developers Llc
Bought by
Emerald Bay Homeowners Association Inc

Purchase Details

Closed on
Feb 26, 2007
Sold by
Kej Marketing Co Inc
Bought by
Marathon Land Developers Llc
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
Tischler Philip N -- None Available
Tischler Sheila Ann $20,500 None Available
Yates Richard Eugene $10,000 None Available
Steelman Dusty Wayne $10,000 None Available
Emerald Bay Homeowners Association Inc $50,000 None Available
Marathon Land Developers Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tischler Philip N $316,000
Closed Tischler Philip N $267,000
Closed Tischler Philip $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $20,500 -17.7% --
09/08/2017 09/08/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $24,900 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,442 $364,453 $60,000 $304,453
2024 $2,442 $364,453 $60,000 $304,453
2023 $2,442 $364,453 $60,000 $304,453
2022 $1,842 $246,400 $50,000 $196,400
2021 $1,842 $246,400 $50,000 $196,400
2020 $1,842 $246,400 $50,000 $196,400
2019 $1,309 $175,081 $50,000 $125,081
2018 $315 $42,500 $42,500 $0
2017 $315 $42,500 $42,500 $0
2016 $307 $42,500 $42,500 $0
2015 $311 $42,500 $42,500 $0
2014 $298 $42,500 $42,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3258962

Canopy MLS (Canopy Realtor® Association)

APN: 503-D005