NOT LISTED FOR SALE

11 Gower Ln Unit 26 Arden, NC 28704

Estimated Value: $1,073,000 - $1,382,000

4 Beds
4.5 Baths
5,247 Sq Ft
$240/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $935,000 $178 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,186/month

44 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Outdoor Fireplace
  • Glen Arden Elementary School Rated A-
  • Traditional Architecture
  • Wood Flooring

About This Home

As of May 2021

This one is for the connoisseur of life! Exquisite estate home built for entertaining, enjoying nature and making memories! Located in one of the most coveted South Asheville communities, The Cotswolds is comprised of approx. 80 estate homes with sprawling lawns and friendly neighbors. This home is located at the end of a private culdesac and boasts 3 levels of luxury and convenience. 2 masters, 2 laundry rooms, 2 extra bonus rooms on the upper level plus 3 bedrooms. New fully finished walk out daylight basement plumbed for kitchen has full bath and hobby room with oversized sink. The resort level backyard paradise must be seen and felt to be appreciated. The huge, multitiered waterfall adjacent to the covered upper deck with its wood burning outdoor fireplace is truly a dream. It's so natural looking, it's hard to believe it was added. The large, flat backyard is a delight! Perfect location near parks, schools, shopping, medical and airport. This is a special home that won't last!

Last Agent to Sell the Property

Michelle Ranieri

Southern Homes of the Carolinas, Inc License #229505 Listed on: 02/21/2021

Last Buyer's Agent

Emily Wareham

Asheville Realty Group License #303101

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Private Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Stone Siding

Interior Spaces

  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Window Treatments
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Outdoor Features

  • Outdoor Fireplace

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Community Details

  • Cotswolds HOA, Phone Number (828) 490-3936

Listing and Financial Details

  • Assessor Parcel Number 9664-53-1535-00000

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$31 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.98629
  • Ratio Close Price By Original Li: 0.98629
  • Ratio Current Price By Acre: 1230263.16
  • Ratio Current Price By Sq Ft: 178.20
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 1868
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Double Oven, Dryer, Ice Maker Connection, Microwave, Natural Gas, Refrigerator, Security System, Self Cleaning Oven, Wall Oven, Washer
  • Fireplace Description: FAMILYRM, Gas Logs, Gas Unvented, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile, Wood
  • H O A Management Phone: 828-490-3936
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Cable Available, Kitchen Island, Skylight(s), Walk-In Closet(s), Walk-In Pantry, Whirlpool, Window Treatments
  • Laundry Location: Main, Upper
  • Room Count: 3
  • Sq Ft Additional: 122
  • Sq Ft Basement: 1395
  • Main Level Sq Ft: 1984
  • Total Sq Ft: 5247
  • Sq Ft Unheated Basement: 360
  • Sq Ft Unheated Total: 360

Exterior Features

  • Construction: Hard Stucco, Stone
  • Construction Type: Site Built
  • Exterior Features: Outdoor Fireplace, Underground Power Lines

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 3 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric, Gas

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 375.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cotswolds HOA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Level, Open Lot, Paved Frontage, Private, Sloping, Trees, Wooded
  • Lot Size Area: 0.760
  • Parcel Number: 9664-53-1535-00000
  • Zoning Specification: R-3

Tax Info

  • Tax Value: 709500.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2021
Closed on
May 18, 2021
Sold by
Borg William A and Borg Keri Willis
Bought by
Amoroso Jason F and Moynihan Maura
Seller's Agent
Michelle Ranieri
Southern Homes of the Carolinas, Inc
Buyer's Agent
Emily Wareham
Asheville Realty Group
List Price
$948,000
Sold Price
$935,000
Premium/Discount to List
-$13,000
-1.37%
Current Estimated Value
$1,261,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,040
Avg. Annual Appreciation
7.07%
Original Mortgage
$748,000
Outstanding Balance
$677,875
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$583,165

Purchase Details

Closed on
Jan 16, 2015
Sold by
Borg William A and Benfer Sally Elizabeth
Bought by
Borg William A

Purchase Details

Closed on
Dec 18, 2002
Sold by
Lancelot Builders & Realty Inc
Bought by
Borg William A and Benfer Sally E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
3.5%

Purchase Details

Closed on
Mar 22, 2002
Sold by
The Coltswolds Development Company Inc
Bought by
Lancelot Builders & Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Amoroso Jason F $935,000 None Available
Borg William A -- None Available
Borg William A $506,000 --
Lancelot Builders & Realty Inc $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amoroso Jason F $748,000
Previous Owner Borg William A $379,000
Previous Owner Lancelot Builders & Realty Inc $375,000
Closed Borg William A $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $935,000 -1.4% $178 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $948,000 +1.4% $181 / Sq Ft
03/18/2021 03/18/21 Off Market $935,000 -- --
02/28/2021 02/28/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $948,000 -- $181 / 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
2025 $5,641 $916,400 $137,200 $779,200
2024 $5,641 $916,400 $137,200 $779,200
2023 $5,641 $916,400 $137,200 $779,200
2022 $5,370 $916,400 $0 $0
2021 $4,158 $709,600 $0 $0
2020 $3,983 $632,200 $0 $0
2019 $3,983 $632,200 $0 $0
2018 $3,983 $632,200 $0 $0
2017 $3,983 $588,900 $0 $0
2016 $4,093 $588,900 $0 $0
2015 $4,093 $588,900 $0 $0
2014 $4,013 $577,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3710732

Canopy MLS (Canopy Realtor® Association)

APN: 9664-53-1535-00000