NOT LISTED FOR SALE

1 Mountain Orchid Way Unit CP-70 Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $208,000 - $372,000

0.23 Acre
$1,097,226 Price per Acre
10,019 Sq Ft Lot

Last Sold July 31, 2019

Last sale price $125,000

Est. 102% increase in value since last sale

Current estimated payment $1,673/month

1,320 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Pond
  • T.C. Roberson High School Rated A
  • Clubhouse
  • Wooded Lot

About This Lot

As of July 2019

Lovely, wooded, flat lot located in Cove Park neighborhood of Walnut Cove. Easy walking access to 18,000 square foot Wellness Center and 7.5 miles of walking trails. Backs up to bold stream. Neighbor purchased two lots giving ample room for privacy. Active area within community, several homes under construction and more breaking ground. Access to any level of Club membership available.

Last Agent to Sell the Property

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 11/08/2015

Co-Listed By

Jerry Bush

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #296768

Last Buyer's Agent

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 11/08/2015

Property Details

Property Type

  • Land

Lot Details

  • Home fronts a stream
  • Wooded Lot
  • Many Trees
  • Property is zoned Residential Lot

HOA Fees

  • $155 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9633-08-6620-00000

Community Details

Overview

  • Carlton Property Services Association, Phone Number (864) 238-2557

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Community Pool
  • Trails
  • Pond

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.86266
  • Ratio Close Price By Original Li: 0.48638
  • Ratio Current Price By Acre: 543478.26
  • Restrictions: Architectural Review, Modular Not Allowed, Square Feet
  • Additional Information: Perc Report
  • Special Features: None

Interior Features

  • H O A Management Phone: 864-238-2557

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Golf Course, Pond, Outdoor Pool, Recreation Area, Walking Trails
  • Association Fee: 1855.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Carlton Property Services
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

  • Elementary School: Avery's Creek/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Paved Frontage, Sloping, Stream/Creek, Trees, Wooded
  • Lot Size Area: 0.230
  • Parcel Number: 9633-08-6620-00000
  • Zoning: Residential Lot
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 189300.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2023
Sold by
Universal Development & Construction Llc
Bought by
Cioce Nicholas and Cioce Laura
Total Days on Market
1320
Current Estimated Value
$252,362

Purchase Details

Listed on
Nov 8, 2015
Closed on
Jul 3, 2019
Sold by
Lokar Laurie A and The Lokar Family Trust
Bought by
Universal Development And Const Llc
Seller's Agent
Josh Smith
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Josh Smith
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$169,900
Sold Price
$125,000
Premium/Discount to List
-$44,900
-26.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%

Purchase Details

Closed on
Jan 25, 2014
Sold by
Lokar Laurie Anne and Lokar Paul J
Bought by
Lokar Laurie A and The Lokar Family Trust
Source: Public Records

Similar Property in Arden, NC

  • 19 Mountain Orchid Way Unit 77, Arden, NC 28704

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    • Land
    • 0.24 Acre
    • $1,239,583 per Acre
    • 19 Mountain Orchid Way
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    This truly one of a kind homesite, and the last available lot that will accommodate a lower-level walkout, is conveniently located in the Cove Park enclave inside of the award-winning Cliffs at Walnut Cove! Overlooking a tranquil stream, backs up to protected greenspace, you have easy access to the expansive 5 mi. of nature trails from the backyard! Additionally, this property is within walking

    Lee Swing Walnut Cove Realty/Allen Tate/Beverly-Hanks

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Range of Values:

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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
Cioce Nicholas $200,000 None Listed On Document
Universal Development And Const Llc $125,000 None Available
Lokar Laurie A -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $125,000 -13.7% --
06/20/2019 06/20/19 Pending -- -- --
05/16/2019 05/16/19 Price Changed $144,900 -14.7% --
10/29/2018 10/29/18 For Sale $169,900 +35.9% --
08/31/2018 08/31/18 Off Market $125,000 -- --
05/29/2018 05/29/18 Price Changed $169,900 -5.6% --
05/09/2018 05/09/18 Price Changed $179,900 -30.0% --
11/08/2015 11/08/15 For Sale $257,000 -- --
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
2023 $1,224 $198,900 $198,900 $0
2022 $1,166 $198,900 $0 $0
2021 $1,166 $198,900 $0 $0
2020 $1,294 $205,400 $0 $0
2019 $1,294 $205,400 $0 $0
2018 $1,294 $205,400 $0 $0
2017 $1,294 $189,300 $0 $0
2016 $1,316 $189,300 $0 $0
2015 $1,316 $189,300 $0 $0
2014 $1,316 $189,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3125895

Canopy MLS (Canopy Realtor® Association)

APN: 9633-08-6620-00000