550 Waters Rd is a 4,205 square foot house on a 1.18 acre lot with 3 bathrooms. Based on Redfin's Salisbury data, we estimate the home's value is $957,991.
Single-familyProperty Type
1988Year Built
1.18 acresLot Size
$228Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$957,991
$60K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 2.2% lower than the average sale price ($980K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$4,847
$175,000 + $588,347
$763,347
2024
$4,847
$175,000 + $588,347
$763,347
2023
$4,847 (+55.0%)
$175,000 + $588,347
$763,347
2022
$3,127 (+2.9%)
$150,000 + $288,934
$438,934
2020
$3,040
$150,000 + $288,934
$438,934
2019
$3,040 (+14.7%)
$150,000 + $288,934
$438,934
2018
$2,650
$130,000 + $255,673
$385,673
2017
$2,650
$130,000 + $255,673
$385,673
2016
$2,649 (−0.1%)
$130,000 + $255,673
$385,673
2015
$2,652 (−0.9%)
$130,000 + $255,673
$385,673
2014
$2,676 (+2.2%)
$130,000 + $266,676
$396,676
2013
$2,618 (+0.4%)
$130,000 + $266,676
$396,676
2012
$2,608
$130,000 + $266,676
$396,676
2011
$2,608
$130,000 + $266,676
$396,676
Tax history for 550 Waters Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,847
$175,000 + $588,347
$763,347
2024
$4,847
$175,000 + $588,347
$763,347
2023
$4,847 (+55.0%)
$175,000 + $588,347
$763,347
2022
$3,127 (+2.9%)
$150,000 + $288,934
$438,934
2020
$3,040
$150,000 + $288,934
$438,934
2019
$3,040 (+14.7%)
$150,000 + $288,934
$438,934
2018
$2,650
$130,000 + $255,673
$385,673
2017
$2,650
$130,000 + $255,673
$385,673
2016
$2,649 (−0.1%)
$130,000 + $255,673
$385,673
2015
$2,652 (−0.9%)
$130,000 + $255,673
$385,673
2014
$2,676 (+2.2%)
$130,000 + $266,676
$396,676
2013
$2,618 (+0.4%)
$130,000 + $266,676
$396,676
2012
$2,608
$130,000 + $266,676
$396,676
2011
$2,608
$130,000 + $266,676
$396,676
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RS
Residential Suburban
The purpose of this zoning district is to protect existing residential neighborhoods and promote the creation of more residential neighborhoods. These areas are typically near major thoroughfares and have or could be provided significant infrastructure. Commercial uses, business uses and multifamily uses are generally not allowed.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,125
Basement Finish: Finished
Basement Type: Finished
Heating & Cooling
Air Conditioning Type: Package
Heating Type: Package
Fireplace Information
# of Fireplaces: 1
Fireplace Type: 2 Story 2 Openings
Has Fireplace
Exterior
Exterior Information
Exterior Wall: Aluminum/Vinyl
Building Type: Single Family
Pool Information
Pool Type: Vinyl
Has Pool
Property Information
Subdivision Name: WATERS EDGE
Living Sq. Ft: 4,205
Ground Floor Sq. Ft: 1,278
Building Sq. Ft: 4,205
# of Stories: 2
Legal Description: 1.18AC L14
Parking & Garage Information
Parking Type: Frame Garage
Garage/Parking Sq. Ft: 728
Garage / Carport Type: Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 51,401
Legal Lot Number: 14
Municipality Name: PROVIDENCE
Acres: 1.18
County Use Description: SINGLE FAMILY DWELLING
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: 3.0
Sq. Ft.: 4,205
Stories: 2.0
Lot Size: 1.18 acres
Style: Single Family Residential
Year Built: 1988
Year Renovated: 1998
County: Rowan County
APN: 614 066
Home facts updated by county records on Jul 20, 2026
Around this home
Schools
Morgan Elementary School
Public PreK-5 • Assigned • 5.3mi
4/10
Charles C Erwin Middle School
Public 6-8 • Assigned • 5.4mi
2/10
East Rowan High School
Public 9-12 • Assigned • 5.6mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Salisbury, NC • 28146
Average low and high temperatures (°F)
48
26
55
33
69
43
76
51
77
56
87
66
90
71
81
65
80
61
72
49
64
41
52
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.3 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$911,000 – $1.10M
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