NOT LISTED FOR SALE

107 Olde Covington Way Unit A107 Arden, NC 28704

Estimated Value: $246,128 - $259,000

2 Beds
2 Baths
1,112 Sq Ft
$156/mo HOA Fee

Last Sold March 18, 2022

Last sale price $220,000 $198 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,578/month

35 Days on Market

Highlights

  • Open Floorplan
  • Arts and Crafts Architecture
  • Walk-In Closet
  • Glen Arden Elementary School Rated A-
  • Fireplace
  • Laundry Room

About This Home

As of March 2022

Wonderful upper level unit in popular Covington Crossing. This light and bright unit features newer flooring throughout, and newer appliances! The spacious living room has a gas fireplace and the master bedroom offers a walk-in closet. Two covered decks, one in front and one in back. Quiet upstairs location with no neighbors above you! Two assigned parking spaces right outside. Highly sought after TC Roberson school district and convenient to the airport with Low county taxes. All of south Asheville's amenities just minutes away. Don’t miss this one!

Last Agent to Sell the Property

Michael Crider

EXP Realty LLC License #318292 Listed on: 02/11/2022

EXP Realty LLC

Last Buyer's Agent

Michelle Williams

Keller Williams Professionals License #313571

Keller Williams Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $922

Year Built

  • Built in 2001

Lot Details

  • 5

HOA Fees

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,112 Sq Ft Home
  • Open Floorplan
  • Fireplace
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Glen Arden/Koontz Elementary School
  • Charles T Koontz Middle School
  • T.C. Roberson High School

Utilities

  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • Covington Crossing Association
  • Covington Crossing Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9653-77-8695-CA107

Property Details

Home Type

Condominium

Est. Annual Taxes

$922

Year Built

Built in 2001

Lot Details

0

HOA Fees

$156 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Arts and Crafts
  • Year Built: 2001
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 2
  • Road Surface Type: Asphalt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1112
  • 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: 0
  • Porch: Front
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Living Area: 1112
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Fiberglass
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Space - 2

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 146
  • Association Fee Frequency: Monthly
  • Association #2 Fee: 120
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Covington Crossing
  • Association Name: COVINGTON CROSSING
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Charles T Koontz
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 9653-77-8695-CA107
  • Land Included Yn: 0
  • Zoning Description: R-2

Tax Info

  • RATIO List Price By Tax Amount: 1.48072

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 11, 2022
Sold by
Johnson and Tanisha
Bought by
Wilcut Christopher S and Hollar Landon W
Seller's Agent
Michael Crider
EXP Realty LLC
Buyer's Agent
Michelle Williams
Keller Williams Professionals
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Total Days on Market
35
Current Estimated Value
$253,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,282
Avg. Annual Appreciation
6.13%
Original Mortgage
$222,000
Outstanding Balance
$209,116
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$57,141

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 17, 2020
Sold by
Mcgowan Edward J and Mcgowan Nancy E
Bought by
Johnson Steven and Grewell Tanisha
Seller's Agent
Gaia Goldman
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Byrdie Kent
French Broad Real Estate Co.
List Price
$160,000
Sold Price
$168,000
Premium/Discount to List
$8,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.74%
Original Mortgage
$170,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2006
Sold by
Triple A Property Management Llc
Bought by
Mcgowan Edward J and Mcgowan Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Wilcut Christopher S $220,000 None Listed On Document
Johnson Steven $168,000 None Available
Mcgowan Edward J $112,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilcut Christopher S $222,000
Previous Owner Johnson Steven $170,000
Previous Owner Mcgowan Edward J $57,590
Previous Owner Mcgowan Edward J $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $220,000 +2.3% $198 / Sq Ft
02/11/2022 02/11/22 For Sale $215,000 +28.0% $193 / Sq Ft
08/21/2020 08/21/20 Sold $168,000 +5.0% $151 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $160,000 -- $144 / 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 $922 $149,800 $0 $149,800
2022 $851 $145,200 $0 $0
2021 $851 $145,200 $0 $0
2020 $801 $127,200 $0 $0
2019 $801 $127,200 $0 $0
2018 $801 $127,200 $0 $0
2017 $801 $102,500 $0 $0
2016 $712 $0 $0 $0
2015 $712 $102,500 $0 $0
2014 $712 $102,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3829050

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8695-CA107