NOT LISTED FOR SALE

462 Cress School Rd Salisbury, NC 28147

Estimated Value: $386,000 - $395,000

3 Beds
2.5 Baths
1,862 Sq Ft
$210/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $330,000 $177 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,267/month

35 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Front Porch
  • Contemporary Architecture
  • Recreation Facilities
  • Storage Room

About This Home

As of January 2023

This beautiful 3 bedroom 2.5 bathroom home in desirable Grace Ridge development will not last long! This property sits on a corner lot and has the best view in the neighborhood! With no front door neighbors, the only thing you can see is beautiful farmland across the street. Grace Ridge is an extremely sought after neighborhood, which boasts a community pool, club house, recreational field, walking trails, basketball court and so much more. This lovely home is equipped with an updated kitchen and appliances, as well as a fully wired insulated shed that would make the perfect man cave or she-shed. Please schedule your showing today as this property won't last long!

Last Agent to Sell the Property

Austin Harrington

Wallace Realty License #330815 Listed on: 12/14/2022

Co-Listed By

Steve Nation

Wallace Realty License #285742

Last Buyer's Agent

Bret Leonard

Lantern Realty & Development, LLC License #303052

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,167

Year Built

  • Built in 1999

Lot Details

  • Level Lot
  • Property is zoned RS-3

HOA Fees

  • $31 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • Storage Room
  • Crawl Space

Kitchen

  • Oven
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Front Porch

Utilities

  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 479D036

Community Details

Overview

  • Grace Ridge Red Rock Management Association, Phone Number (888) 757-3376
  • Grace Ridge Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,167

Year Built

Built in 1999

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1999
  • Ratio Current Price By Acre: 634615.38
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 177.23
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Pantry, Storage Unit
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1056
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 806
  • Porch: Back,Front
  • Appliances: Dishwasher, Dryer, Exhaust Hood, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1862
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Carport - 2 Car

Utilities

  • Heating: Apollo System, Central
  • Sewer: Septic Installed
  • Water Heater: Electric,Gas
  • Laundry Features: Upper Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Playground, Recreation Area, Sidewalks, Street Lights
  • Association Fee: 93
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Grace Ridge Red Rock Management
  • Phone: 888-757-3376
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: support@gowithredrock.com
  • CAR_YearlyHOAExpense: 372.00

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 479D036
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.80562

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Jan 18, 2023
Sold by
Watts Rusty A and Watts Chelsea L
Bought by
Hamel Alisha Leonard and Hamel Dylan Matthew
Seller's Agent
Austin Harrington
Wallace Realty
Buyer's Agent
Bret Leonard
Lantern Realty & Development, LLC
List Price
$329,986
Sold Price
$330,000
Premium/Discount to List
$14
0.004%
Views
66
Current Estimated Value
$390,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,682
Avg. Annual Appreciation
6.26%
Original Mortgage
$280,500
Outstanding Balance
$268,988
Interest Rate
5%
Mortgage Type
Construction
Estimated Equity
$121,694

Purchase Details

Listed on
Jan 16, 2017
Closed on
Jun 19, 2017
Sold by
Wood Chardwick B and Wood Farrah M
Bought by
Watts Rusty A and Watts Chelsea L
Seller's Agent
Donna Keziah
Carolina Piedmont Properties
Buyer's Agent
Greg Scarborough
Wallace Realty
List Price
$205,000
Sold Price
$187,000
Premium/Discount to List
-$18,000
-8.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$187,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2000
Bought by
Wood Chadwick Byron
Source: Public Records

Range of Values:

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Average Value
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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
Hamel Alisha Leonard $330,000 --
Watts Rusty A $187,000 None Available
Wood Chadwick Byron $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamel Alisha Leonard $280,500
Previous Owner Watts Rusty A $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2023 01/18/23 Sold $330,000 0.0% $177 / Sq Ft
12/14/2022 12/14/22 For Sale $329,986 +76.5% $177 / Sq Ft
06/19/2017 06/19/17 Sold $187,000 -8.8% $100 / Sq Ft View Prior Sale
05/06/2017 05/06/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $205,000 -- $110 / Sq Ft
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 $2,167 $319,907 $37,500 $282,407
2024 $2,167 $319,907 $37,500 $282,407
2023 $2,167 $319,907 $37,500 $282,407
2022 $1,380 $182,755 $32,000 $150,755
2021 $1,366 $182,755 $32,000 $150,755
2020 $1,366 $182,755 $32,000 $150,755
2019 $1,366 $182,755 $32,000 $150,755
2018 $1,091 $147,252 $28,500 $118,752
2017 $1,096 $147,252 $28,500 $118,752
2016 $1,096 $147,252 $28,500 $118,752
2015 $1,115 $147,252 $28,500 $118,752
2014 $1,042 $144,301 $28,500 $115,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3929204

Canopy MLS (Canopy Realtor® Association)

APN: 479-D036