2
Beds
2
Baths
1,170
Sq Ft
5
Acres
Highlights
- Traditional Architecture
- Rear Porch
- 1-Story Property
- Glen Arden Elementary School Rated A-
- Laundry Room
- Central Air
About This Home
As of August 2023**Investor Alert** Very desirable first floor, end unit in the quaint and popular community of Covington Crossing. 2 bedrooms and 2 baths with open living and dining area and split bedroom layout. Spacious master suite with walk in closet. Living room with gas fireplace. Relaxing back patio. This unit would be perfect for an investor. Tenant occupied since purchased and subject to current lease which expires on 7/31/23. The Bayshore Company is the current management company. The tenant has been excellent and would like to stay if possible. The unit comes with 2 designated parking spaces. Located in the sought after TC Roberson school district. Convenient location between Asheville and Hendersonville, only 10 minutes to the airport. All of the south Asheville’s amenities, shops & restaurants are just minutes away! Great opportunity to purchase an investment property with an excellent tenant in place.
Last Agent to Sell the Property
Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #264565 Listed on: 04/14/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $870
Year Built
- Built in 2001
Parking
- 2 Parking Garage Spaces
Home Design
- Traditional Architecture
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,170 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Vinyl Flooring
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Outdoor Features
- Rear Porch
Schools
- Glen Arden/Koontz Elementary School
- Cane Creek Middle School
- T.C. Roberson High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- Baldwin Real Estate Association, Phone Number (828) 684-3400
- Covington Crossing Subdivision
- Mandatory Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 9653-77-8695-CA101
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
6
Views
120
Current Estimated Value
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
2.98%
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
Similar Homes in Arden, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Leslie Elliott
Seller's Agent in 2023
Leslie Elliott
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
(828) 702-2879
13 in this area
95 Total Sales
-
Barbara Baskerville
Buyer's Agent in 2023
Barbara Baskerville
Allen Tate/Beverly-Hanks Asheville-Downtown
(828) 777-7171
4 in this area
58 Total Sales
-
McRae Hilliard
Seller's Agent in 2018
McRae Hilliard
Allen Tate/Beverly-Hanks Asheville-Downtown
(828) 230-6451
5 in this area
41 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4020598
APN: 9653-77-8695-CA101
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