For Sale $240,000
OPPORTUNITY IS KNOCKING in Chapel Creek! This 3BR/2BA home sits on a spacious corner lot in a quiet, low-traffic neighborhood and is located in a desirable school district. Features include covered front and side porches, attached two-car garage, fenced backyard with divider fence, deck, and storage shed. Inside, you’ll find a functional layout with a living room featuring vaulted ceilings and a fireplace, a kitchen with bay window, and generously sized bedrooms. The primary suite includes a private bath with walk-in shower. This home is priced WELL BELOW its true potential value to reflect updates/repairs needed, including flooring, paint, and overall cosmetic improvements. The home will benefit from some clean-out and deep cleaning, which has been taken into consideration with the pricing. With the right vision, this property could truly shine again. If fully updated, comparable homes with similar size, layout, and location are typically in the $310K–$330K range, making this a rare opportunity to step into instant equity—especially for buyers who have been struggling to find an affordable home in a great area. Ideal for a first-time buyer with some handyman skills willing to put in some work over time or an investor looking for a strong flip or rental. The home can be lived in while improvements are made or taken to the next level with a full renovation. Seller is in the process of packing and preparing the home. NO CITY TAXES...NO HOA. This property will only be available for a limited time—don’t miss your chance to take advantage of the value and make it your own!
Attic Stairs Pulldown, Cable Prewire, Entrance Foyer
| List Price: | $240,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1464 sqft |
| Parking: | Attached Garage, Garage Faces Side |
| MLS Number: | CAR4373282 |
| Subdivision: | Chapel Creek |
| Bathrooms: | 2 |
| Lot Description: | Cleared, Corner Lot, Level |
| Year Built: | 1989 |
| Sewer Type: | Septic Installed |
| Elementary: | Knollwood |
| Middle: | Southeast |
| High: | West Rowan |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Knollwood Elementary School | 2 miles | KG-05 | 1 |
| J F Hurley Elementary School | 4 miles | KG-05 | 2 |
| Elizabeth Duncan Koontz Elementary School | 4 miles | KG-05 | 1 |
| Harold D Isenberg Elementary | 5 miles | PK-05 | 1 |
| China Grove Elementary School | 6 miles | PK-05 | 2 |
| Carroll T Overton Elementary School | 6 miles | KG-05 | 1 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 120 Chapel Court, Salisbury NC | 0 mi | $240,000 | days | |
| 206 Cedar Drive, Salisbury NC | 0.2 mi | $800,000 | days | |
| 1120 Joy Street, Salisbury NC | 0.3 mi | $304,999 | days | |
| 114 Cedar Drive, Salisbury NC | 0.4 mi | $199,000 | days | |
| 112 Cedar Drive, Salisbury NC | 0.5 mi | $199,000 | days | |
| 2885 Wright Avenue, Salisbury NC | 0.5 mi | $295,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Lantern Realty & Development, LLC
120 Chapel Court, Salisbury NC is a 1464 ft2 on a 0.520 acres lot. This is for $240,000. This has 3 bedrooms, 2 baths, and was built in 1989.
Based on information submitted to the MLS GRID as of 2026-05-20 09:25:50 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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