NOT LISTED FOR SALE

111 Ellis Ln Arden, NC 28704

Estimated Value: $588,000 - $664,000

3 Beds
2.5 Baths
2,034 Sq Ft
$307/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $553,450 $272 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,662/month

12 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Vaulted Ceiling
  • T.C. Roberson High School Rated A
  • Mountain View
  • Wood Flooring

About This Home

As of March 2023

MOVE-IN READY, new construction opportunity in Arden! The French Broad model features an open floor plan, 9' ceilings on main level, granite countertops in kitchen and bathrooms, spacious primary bedroom on main level and covered back deck featuring mountain views. Surrounded by all of the beauty that Asheville has to offer and only 1.8 miles from Biltmore Park Town Square, Ellis Place is the perfect place to call home.

Last Agent to Sell the Property

Savannah Morris

Coldwell Banker Advantage Brokerage Email: savannah.pope@cbasheville.com License #309729 Listed on: 02/09/2023

Coldwell Banker Advantage

Last Buyer's Agent

Beth Zabriskie

Homesource Realty INC License #283064

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,656

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,276

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Mountain Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Front Porch
  • Paved or Partially Paved Lot

Listing and Financial Details

  • Assessor Parcel Number 9635-71-0274

Community Details

Overview

  • Built by Amarx Construction, LLC
  • Ellis Place Subdivision, The French Broad Floorplan
  • Mandatory home owners association

Recreation

  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,656

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 2022
  • Restrictions: Subdivision,Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 272.10
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: savannah.pope@cbasheville.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Open Floorplan, Vaulted Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1220
  • 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: 814
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
  • Above Grade Finished Sq Ft: 2034
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2034
  • Bedroom Main: 1
  • Room Count: 10
  • Sq Ft Other: 0
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s)
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 0
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Upper Level
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Gas, Underground Power Lines
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Dog Park
  • Association Fee: 60
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 720.00

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: Required

Lot Info

  • Lot Features: Paved
  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Parcel Number: 9635-71-0274
  • Zoning: R-1
  • Plat Book Slide: 0221/0134
  • Development Status: Completed
  • Lot Size: See Plat
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: Amarx Construction, LLC

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 8, 2023
Sold by
Amarx Construction Llc
Bought by
Jack Keltz Revocable Trust
Seller's Agent
Savannah Morris
Coldwell Banker Advantage
Buyer's Agent
Beth Zabriskie
Homesource Realty INC
List Price
$561,900
Sold Price
$553,450
Premium/Discount to List
-$8,450
-1.5%
Views
115
Current Estimated Value
$625,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,890
Avg. Annual Appreciation
3.14%
Original Mortgage
$365,000
Outstanding Balance
$323,419
Interest Rate
5.14%
Mortgage Type
New Conventional
Estimated Equity
$274,201
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
Jack Keltz Revocable Trust $553,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jack Keltz Revocable Trust $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $553,450 -1.5% $272 / Sq Ft
02/09/2023 02/09/23 For Sale $561,900 -- $276 / 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
2024 $2,656 $431,500 $66,700 $364,800
2023 $2,656 $358,500 $66,700 $291,800
2022 $391 $66,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4001065

Canopy MLS (Canopy Realtor® Association)

APN: 9635-71-0274-00000