NOT LISTED FOR SALE

1118 Timberbluff Way Unit LOT 58 Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $597,934 - $824,000

1.93 Acres
$355,691 Price per Acre
84,071 Sq Ft Lot

Last Sold July 07, 2021

Last sale price $480,000

Est. 43% increase in value since last sale

Current estimated payment $4,255/month

163 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • T.C. Roberson High School Rated A
  • Gated Community
  • Private Lot

About This Lot

As of July 2021

Beautiful lot with huge, long range views will simply take your breath away! Picture yourself waking up every morning to these spectacular views as you step out onto this large 1.9 acre lot in the heart of The Cliffs at Walnut Cove. This home site is conveniently located near the club tavern, dining, and the Jack Nicklaus Signature Golf Course! Other amenities include security gate, Wellness Center, indoor/outdoor pool, tennis courts, and walking trails! Outside the gates you will find plenty of fine dining, shopping, and top-rated medical facilities. You are also a short drive to downtown Asheville and Hendersonville. Fully developed house plans are available or come bring your imagination and build your mountain dream home!

Last Agent to Sell the Property

Lee Swing

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #168189 Listed on: 12/06/2020

Last Buyer's Agent

Kyle Olinger

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #193234

Property Details

Property Type

  • Land

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $175 Monthly HOA Fees

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 9624-93-0947-00000
  • Tax Block Section 1

Community Details

Overview

  • Walnut Cove Poa, Phone Number (864) 238-2557

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Putting Green
  • Trails
  • Pond

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.91429
  • Ratio Close Price By Original Li: 0.91429
  • Ratio Current Price By Acre: 248704.66
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Concrete
  • H O A Management Phone: 864-238-2557

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines

Utilities

  • Sewer: Septic Needed
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Hot Tub, Indoor Pool, Outdoor Pool, Pond, Putting Green, Security, Tennis Court(s), Walking Trails
  • Association Fee: 2096.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Walnut Cove POA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved Frontage, Private, Sloping, Trees, Views, Winter View, Wooded
  • Lot Size Area: 1.930
  • Parcel Number: 9624-93-0947-00000
  • Zoning Specification: R-2
  • Plat Book Slide: 0084
  • Plat Reference Section Pages: 0097

Tax Info

  • Tax Value: 443300.00
  • Tax Amount Ncm: 2792.79
  • Tax Block: Section 1
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2020
Closed on
Jul 1, 2021
Sold by
Lawrel Drake Properties Llc
Bought by
Zobel William and Zobel Stephanie
Seller's Agent
Lee Swing
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Kyle Olinger
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$525,000
Sold Price
$480,000
Premium/Discount to List
-$45,000
-8.57%
Total Days on Market
163
Current Estimated Value
$686,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,484
Avg. Annual Appreciation
10.50%

Purchase Details

Listed on
Sep 1, 2017
Closed on
Apr 5, 2018
Sold by
Tracy Michael S and Tracy Melba E
Bought by
Lawrel Drake Properties Llc
Seller's Agent
Dave Bailey
Walnut Cove Realty LLC
Buyer's Agent
Lee Swing
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Aug 10, 2005
Sold by
Tracy Michael S and Tracy Melba E
Bought by
Tracy Michael S and Tracy Melba E

Purchase Details

Closed on
Jul 16, 2002
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Bauknight & Babb Llc
Source: Public Records

Similar Property in Arden, NC

  • 1110 Timberbluff Way, Arden, NC 28704

    $750,000

    • Land
    • 1.9 Acres
    • $394,737 per Acre
    • 1110 Timberbluff Way
    • Arden, NC

    Come experience the beauty that awaits you with one of the last premier estate lots available in Walnut Cove. This prime corner property offers privacy and a very gentle grade that provides the future owners with less sloping access to their future home. Enjoy a serene setting with old-growth oaks, sourwoods, dogwoods, mountain laurel, and rhododendron. Southwest exposure promises lovely mountain

    Lee Swing Walnut Cove Realty/Allen Tate/Beverly-Hanks

    Section Image

Range of Values:

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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
Zobel William $480,000 None Available
Lawrel Drake Properties Llc $410,000 None Available
Tracy Michael S -- --
Bauknight & Babb Llc $310,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $480,000 -8.6% --
05/18/2021 05/18/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $525,000 0.0% --
03/19/2021 03/19/21 Pending -- -- --
12/06/2020 12/06/20 For Sale $525,000 +28.0% --
04/06/2018 04/06/18 Sold $410,000 -8.9% --
02/16/2018 02/16/18 Pending -- -- --
09/01/2017 09/01/17 For Sale $450,000 -- --
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 $2,729 $443,300 $443,300 $0
2022 $2,598 $443,300 $0 $0
2021 $2,598 $443,300 $0 $0
2020 $2,793 $443,300 $0 $0
2019 $2,793 $443,300 $0 $0
2018 $2,793 $443,300 $0 $0
2017 $2,793 $375,700 $0 $0
2016 $2,611 $375,700 $0 $0
2015 $2,611 $375,700 $0 $0
2014 $2,611 $375,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3687718

Canopy MLS (Canopy Realtor® Association)

APN: 9624-93-0947-00000