MOTIVATED SELLERS READY TO SELL ASAP! BRING US AN OFFER!! PRICE REDUCED TO $475K!!!
If you are looking for a spacious 3BR 2.5BA home with a full basement and land, this one may be for you! This 2003 home includes 1782 sq ft of heated living area on the main level and an additional 1782 sq ft in the heated/cooled unfinished basement. There is a bonus room over the garage, perfect for a home office, home gym or game room. This home features a private primary ensuite and 2 secondary bedrooms and a 2nd full bath on the main level. The basement includes a half bath.
Big ticket items have been updated: Roof is approximately 8 years old; HVAC replaced in 2025: Well pump replaced 2 years ago Septic tank pumped 5 years ago.
The Grace Ridge subdivision features several community amenities, including a clubhouse, outdoor pool, and fitness center. Residents can also enjoy a basketball court, ball field, playground, and walking trails. Other features include streetlights, a picnic area, and a recreation area. The HOA fees are only $123/quarterly. A great deal for these great amenities.
Active
Price cut: $20K (4/22)
$475,000
462 Cress Loop Rd, Salisbury, NC 28147
3beds
1,783sqft
Est.:
Single Family Residence
Built in 2003
3.56 Acres Lot
$471,600 Zestimate®
$266/sqft
$41/mo HOA
What's special
Outdoor poolFull basementBasketball courtBall fieldPrivate primary ensuitePicnic areaRecreation area
- 175 days |
- 735 |
- 32 |
Zillow last checked:
Listing updated:
Listing Provided by:
Lynnette Gearing lynnettegearing.realtor@gmail.com,
Lantern Realty & Development, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4320234
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Features: Ceiling Fan(s), En Suite Bathroom, Tray Ceiling(s)
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Features: Garden Tub, Walk-In Closet(s)
- Level: Main
Bathroom full
- Level: Main
Bonus room
- Level: Upper
Breakfast
- Level: Main
Dining area
- Level: Main
Kitchen
- Features: Breakfast Bar
- Level: Main
Laundry
- Level: Main
Living room
- Features: Ceiling Fan(s)
- Level: Main
Heating
- Electric, Heat Pump
Cooling
- Electric, Heat Pump
Appliances
- Included: Dishwasher, Electric Range
- Laundry: Laundry Closet, Main Level
Features
- Basement: Basement Garage Door,Basement Shop,Bath/Stubbed,Exterior Entry,Full,Interior Entry,Unfinished
- Fireplace features: Gas
Interior area
- Total structure area: 1,783
- Total interior livable area: 1,783 sqft
- Finished area above ground: 1,783
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Basement, Driveway, Attached Garage, Garage Faces Front, Garage on Main Level
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Plenty of areas to park in the driveway and also the driveway that leads to the basement.
Features
- Levels: 1 Story/F.R.O.G.
- Patio & porch: Covered, Deck, Front Porch
- Exterior features: Fire Pit
- Pool features: Community
- Has spa: Yes
- Spa features: Heated
- On waterfront: Yes
- Waterfront features: None, Creek
Lot
- Size: 3.56 Acres
- Features: Open Lot, Rolling Slope, Wooded
Details
- Parcel number: 479G007
- Zoning: RS
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Game Court, Playground, Tennis Court(s), Walking Trails
- Subdivision: Grace Ridge
HOA
- Has HOA: Yes
- HOA fee: $123 quarterly
- HOA name: Red Rock
- HOA phone: 888-757-3376
Location
- Region: Salisbury
Financial & listing details
- Price per square foot: $266/sqft
- Tax assessed value: $406,014
- Annual tax amount: $2,832
- Date on market: 11/8/2025
- Cumulative days on market: 175 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Exclusions: Refrigerator, Washer, Dryer, Utility Building, Metal Gazebo, Safe
- Electric utility on property: Yes
- Road surface type: Concrete, Paved
Estimated market value
$471,600
$448,000 - $495,000
$1,885/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Price change | $475,000-4%$266/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4320234 Report a problem | ||
| 4/14/2026 | Price change | $495,000-2.9%$278/sqft |
Source: Canopy MLS as distributed by MLS GRID #4320234 Report a problem | ||
| 4/6/2026 | Price change | $510,000-2.9%$286/sqft |
Source: Canopy MLS as distributed by MLS GRID #4320234 Report a problem | ||
| 3/19/2026 | Price change | $525,000-3.7%$294/sqft |
Source: Canopy MLS as distributed by MLS GRID #4320234 Report a problem | ||
| 2/18/2026 | Price change | $545,000-6%$306/sqft |
Source: Canopy MLS as distributed by MLS GRID #4320234 Report a problem | ||
| 1/2/2026 | Price change | $580,000-0.9%$325/sqft |
Source: Canopy MLS as distributed by MLS GRID #4320234 Report a problem | ||
| 11/8/2025 | Listed for sale | $585,000$328/sqft |
Source: Canopy MLS as distributed by MLS GRID #4320234 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,832 +3% | $406,014 |
| 2024 | $2,751 | $406,014 |
| 2023 | $2,751 +36.8% | $406,014 +52.4% |
| 2022 | $2,011 | $266,369 |
| 2021 | $2,011 +1% | $266,369 |
| 2020 | $1,991 | $266,369 |
| 2019 | $1,991 +24.6% | $266,369 +25.4% |
| 2018 | $1,598 +1.5% | $212,411 |
| 2017 | $1,574 | $212,411 |
| 2016 | $1,574 | $212,411 |
| 2015 | $1,574 -1.2% | $212,411 |
| 2014 | $1,593 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$2,624/mo
Principal & interest
$2314
Property taxes
$269
HOA Fees
$41
More affordability tools
Climate risks
Neighborhood: 28147
Nearby schools
GreatSchools rating
- 1/10Knollwood Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 1/10Southeast Middle SchoolGrades: 6-8Distance: 4 mi
- 5/10Jesse C Carson High SchoolGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Knollwood
- Middle: Southeast
- High: Jesse Carson
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Rowan County
- Salisbury
- 28147
- 462 Cress Loop Rd
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