550 Waters Rd, Salisbury, NC 28146 Property Records

Rowan County property record for 550 Waters Rd, Salisbury, NC 28146

Property Summary

Property Type	Single Family Home
Details	3 ba · 4,205 sqft · built 1988
Lot Size	1.18 acres (51,401 sqft)
Owner	Individual Name on File
Tax Bill	$4,847 (2026)
Deeds & Mortgages	Jan 2022 Reverse Mortgage Sep 2018 Reverse Mortgage
Flood Zone	Zone X (minimal risk)
APN	`614 066`

Property Details

APN / Parcel Number

Primary APN	`614 066`
Alternative APN	`6212775`

Interior

Full Baths	3 Baths
Stories	2 Stories
Building Area	4,205 sqft Living Area
1st Floor Area	1,278 sqft
Basement Area	1,125 sqft
Finished Basement	1,125 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1988
Effective Year Built	Effective 2015
Exterior Material	Aluminum/Vinyl
Lot Area	51,401 sqft (1.18 acres)
Garage Area	728 sqft

Exterior Amenities

Pool Type	In-Ground Vinyl Pool
Pool Area	576 sqft
Porch	Porch
Porch Area	318 sqft
Deck Area	318 sqft

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	HVAC

Location & Zoning

Street Address	550 WATERS RD
City	SALISBURY
State	NC
Zip	28146-7985
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	1.18AC L14
Legal Subdivision	WATERS EDGE SUBDIVISION
Jurisdiction	ROWAN NC
Township / Civil Division	PROVIDENCE
Census Block Group	2
Census Block	2021
Census Tract	50901

Owner

550 Waters Rd is owned and occupied by an individual who acquired it in September 2018.

Source: Rowan County records, as of August 25, 2026

Owner of Record	Individual Name on File
Mailing Address	550 WATERS RD, SALISBURY, NC 28146-7985
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jan 19, 2022	Deed of Trust, Mortgage · Reverse Mortgage REVERSE MORTGAGE FUNDING LLC
Sep 28, 2018	Intrafamily Transfer, Transfer · Reverse Mortgage REVERSE MORTGAGE FUNDING LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Transfer Date	Sep 24, 2018
Transfer Doc	0013160452
Record Updated	Oct 29, 2026

January 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ROWAN NC
Property Address	550 WATERS RD, SALISBURY, NC 28146-7985
Transaction Type	Mortgage
Record Updated	Apr 17, 2023
Title Company	F/C TITLE SERVICES LLC, FNC TITLE SERVICES LLC

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	550 WATERS RD, SALISBURY, NC 28146-7985

Mortgage

Document Number	0013930348
Date	Jan 19, 2022
Book Page	1393/348

Lender

Name	REVERSE MORTGAGE FUNDING LLC
Type	Reverse Mortgage Lender
Address	77113

Agreement

Type	Reverse Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Rate	2.08%
Adjustable	Adjustable Rate Rider
Change Frequency	Monthly
Index	1-Year CMT
Max Rate	7.08%

September 2018: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	ROWAN NC
Recording Date	Sep 28, 2018
Property Address	550 WATERS RD, SALISBURY, NC 28146-7985
Document Number	0013160452
Book / Page	1316 / 0452
Map Reference	PG 1582
Instrument Date	Sep 24, 2018
Transaction Type	Transfer
Record Updated	Oct 12, 2021

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Life Estate
Address	550 WATERS RD, SALISBURY, NC 28146-7985

Mortgage

Document Number	13160453
Date	Sep 28, 2018
Instrument	1316/0453

Lender

Name	REVERSE MORTGAGE FUNDING LLC
Type	Reverse Mortgage Lender

Agreement

Type	Reverse Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Rate	4.13%
Type Change Date	Oct 1, 2019
Change Frequency	Annually
Index	1-Year LIBOR

Tax Assessment & Valuation

The 2026 property tax bill for 550 Waters Rd was $4,847.

Source: Rowan County assessment roll, as of August 25, 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Rowan County
Unified School District	Rowan-Salisbury Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$4,847.00	$763,347 (-) Land $175,000 Building $588,347	$763,347 Land $175,000 Building $588,347
2025	$4,847.00	$763,347 Land $175,000 Building $588,347
2023	$4,847.00	$763,347 Land $175,000 Building $588,347	$763,347 Land $175,000 Building $588,347

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 550 Waters Rd in Zone X, an area of minimal flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective May 10, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 100 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	6 in force
Nearby Flood Claims	1 (1996)
Most Recent Claim	Sep 1996 · tidal / storm surge

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 550 Waters Rd is low, with a 0.04% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 65% of the US · above 48% of North Carolina
Wildfire Likelihood	0.04% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 69 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable	1,000 / 1,000

May also be available: AT&T.

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