NOT LISTED FOR SALE

1120 Timberbluff Way Unit 55 Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $3,686,000 - $4,097,676

1.28 Acres
$2,991,582 Price per Acre
55,757 Sq Ft Lot

Last Sold October 30, 2012

Last sale price $395,000

Est. 869% increase in value since last sale

Current estimated payment $22,524/month

508 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Many Trees
  • T.C. Roberson High School Rated A
  • Front Green Space
  • Level Lot

About This Lot

As of October 2012

REDUCED ANOTHER 75K! Southeasterly exposure off the back of this home site gives you the best sun of the day. The mountain views will grace every room of your home.The lot slopes away in the back to afford maximum efficiency when building a home here. Even the lower level will enjoy the views. Mature hardwoods provide additional coolness in the summer and allow light in the winter. Full Golf Membership affords you unlimited access to all Cliffs.

Last Agent to Sell the Property

Kyle Olinger

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #193234 Listed on: 05/11/2011

Last Buyer's Agent

Sean McLaughlin

Mountain Oak Properties License #257962

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,345

Year Built

  • 2014

Lot Details

  • Front Green Space
  • Level Lot
  • Many Trees

Listing and Financial Details

  • Assessor Parcel Number 9624-93-1677-00000

Community Details

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$12,345

Year Built

2014

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.89773
  • Ratio Close Price By Original Li: 0.71818
  • Ratio Current Price By Acre: 308593.75
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2014

Utilities

  • Sewer: Septic Tank
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee: 1390.00

Schools

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

Lot Info

  • Lot Features: Green Area, Level, Mountain View, Trees, Winter View, Year Round View
  • Lot Size Area: 1.280
  • Parcel Number: 9624-93-1677-00000
  • Zoning Specification: R-2
  • Plat Reference Section Pages: 2888

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Haislip Michael R and Haislip Clare L
Bought by
Michael R Haislip Living Tnist and Clare L Haislip Living Trust
Total Days on Market
508
Current Estimated Value
$3,829,225

Purchase Details

Listed on
May 11, 2011
Closed on
Oct 26, 2012
Sold by
Jobe Ronald E and Jobe Elizabeth C
Bought by
Haislip Michael R and Haislip Clare L
Seller's Agent
Kyle Olinger
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Sean McLaughlin
Mountain Oak Properties
List Price
$550,000
Sold Price
$395,000
Premium/Discount to List
-$155,000
-28.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.23%

Purchase Details

Closed on
Aug 16, 2002
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Jobe Ronald E and Jobe Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,250
Interest Rate
6.53%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Michael R Haislip Living Tnist -- --
Haislip Michael R $395,000 None Available
Jobe Ronald E $419,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jobe Ronald E $361,875
Previous Owner Jobe Ronald E $451,679
Previous Owner Jobe Ronald E $452,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2012 10/30/12 Sold $395,000 -28.2% --
09/30/2012 09/30/12 Pending -- -- --
05/11/2011 05/11/11 For Sale $550,000 -- --
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 $12,345 $2,005,400 $349,100 $1,656,300
2022 $11,752 $2,005,400 $0 $0
2021 $11,752 $2,005,400 $0 $0
2020 $12,420 $1,971,500 $0 $0
2019 $12,420 $1,971,500 $0 $0
2018 $12,420 $1,971,500 $0 $0
2017 $12,420 $1,406,700 $0 $0
2016 $9,777 $1,406,700 $0 $0
2015 $3,214 $462,400 $0 $0
2014 $2,056 $295,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM487077

Canopy MLS (Canopy Realtor® Association)

APN: 9624-93-1677-00000