$137,000
SOLD DEC 17, 2018

101 Olde Covington Way Arden, NC 28704

2 Beds
2 Baths
1,170 Sq Ft
$141/mo HOA Fee

Recently Sold

$117 Per Sq Ft

4% Below List Price

2 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Gas Log Fireplace
  • Glen Arden Elementary School Rated A-
  • Vinyl Flooring

About This Home

As of August 2023

Tenant occupied and subject to current lease. Would be perfect for an investor. Main level unit with large bedrooms.

Last Agent to Sell the Property

McRae Hilliard

Allen Tate/Beverly-Hanks Asheville-Downtown License #173907 Listed on: 12/03/2018

Allen Tate/Beverly-Hanks Asheville-Downtown

Last Buyer's Agent

Leslie Elliott

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #264565

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

HOA Fees

  • $141 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Gas Log Fireplace
  • Vinyl Flooring

Additional Features

  • Level Lot
  • Cable TV Available

Community Details

  • Baldwin Real Estate Association

Listing and Financial Details

  • Assessor Parcel Number 9653-77-8695-CA101

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

0

HOA Fees

$141 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.96140
  • Ratio Close Price By Original Li: 0.96140
  • Ratio Current Price By Sq Ft: 117.09
  • Unit Floor Level: 6
  • Year Built: 2001
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dryer, Dishwasher, Electric Range, Electric Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cable Available
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1170
  • Total Sq Ft: 1170

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Apollo System, Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 141.00
  • Association Fee Frequency: Monthly
  • Complex Name: Covington Crossing
  • HOA Management Company: Baldwin Real Estate
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Glen Arden/Koontz
  • Middle School: Cane Creek
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Corner Lot, Level
  • Parcel Number: 9653-77-8695-CA101
  • Zoning Specification: RES

Tax Info

  • Tax Value: 127700.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Aug 4, 2023
Sold by
Belmont Highlands Llc
Bought by
Illas Gary-Alexander
Seller's Agent
Leslie Elliott
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Barbara Baskerville
Allen Tate/Beverly-Hanks Asheville-Downtown
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%
Total Days on Market
2
Views
120
Current Estimated Value
$258,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,610
Avg. Annual Appreciation
3.00%

Purchase Details

Listed on
Dec 3, 2018
Closed on
Dec 17, 2018
Sold by
Campbell Howard Neal and Campbell Anne
Bought by
Belmont Highlands Llc
Seller's Agent
McRae Hilliard
Allen Tate/Beverly-Hanks Asheville-Downtown
Buyer's Agent
Leslie Elliott
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$142,500
Sold Price
$137,000
Premium/Discount to List
-$5,500
-3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.35%

Purchase Details

Closed on
Oct 8, 2014
Sold by
Campbell Tammy L
Bought by
Campbell Howard Neal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 4, 2007
Sold by
Lahepelto Jouko and Lahepelto Patricia Smith
Bought by
Campbell Tammy L and Campbell Howard Neal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $245,000 None Listed On Document
Deed $137,000 None Available
Warranty Deed $92,000 None Available
Warranty Deed $121,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $73,600 Adjustable Rate Mortgage/ARM
Previous Owner $95,600 New Conventional
Previous Owner $96,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $245,000 -5.8% $209 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $260,000 +89.8% $222 / Sq Ft
12/17/2018 12/17/18 Sold $137,000 -3.9% $117 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
12/03/2018 12/03/18 For Sale $142,500 -- $122 / 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
2023 $870 $145,900 $0 $145,900
2022 $855 $145,900 $0 $0
2021 $855 $145,900 $0 $0
2020 $805 $127,700 $0 $0
2019 $805 $127,700 $0 $0
2018 $805 $127,700 $0 $0
2017 $805 $114,600 $0 $0
2016 $796 $0 $0 $0
2015 $796 $114,600 $0 $0
2014 $796 $114,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3457155

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8695-CA101