NOT LISTED FOR SALE

113 Ellis Ln Unit 3 Arden, NC 28704

Estimated Value: $507,000 - $598,000

3 Beds
2 Baths
1,668 Sq Ft
$330/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $507,900 $304 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,388/month

123 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Wood Flooring
  • T.C. Roberson High School Rated A
  • Mountain View
  • Farmhouse Style Home

About This Home

As of February 2023

New construction home in Arden! The Sutton model features an open floor plan, spacious owner's suite, 9' ceilings on main level, granite countertops in kitchen and bath, large laundry and more. 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. This quaint, conveniently-located community offers 24 homesites and 8 different home plans, providing you the variety you're looking for when building your dream home. Home is already under construction and to be completed in April 2023.

Last Agent to Sell the Property

Savannah Morris

Coldwell Banker Advantage Brokerage Email: savannah.pope@cbasheville.com License #309729 Listed on: 09/06/2022

Coldwell Banker Advantage

Last Buyer's Agent

Savannah Morris

Coldwell Banker Advantage Brokerage Email: savannah.pope@cbasheville.com License #309729 Listed on: 09/06/2022

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,319

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 7,840 Sq Ft Lot
  • Paved or Partially Paved Lot

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 1,668 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Mountain Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9635-71-1246

Community Details

Overview

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

Recreation

  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,319

Year Built

Built in 2022 | Under 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
  • Proposed Completion Date: 2023-02-01
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 304.50
  • Attribution Contact: savannah.pope@cbasheville.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1668
  • 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
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
  • Above Grade Finished Sq Ft: 1668
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1668
  • Bedroom Main: 3
  • Room Count: 7
  • Sq Ft Other: 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
  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • 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
  • Association: Yes
  • 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: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 9635-71-1246
  • Zoning: R-1
  • Plat Book Slide: 0221/0134
  • Development Status: Under Construction
  • Lot Size Acres: 0.18
  • Lot Size: See Plat
  • Lot Size Sq Ft: 7840
  • 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
Sep 6, 2022
Closed on
Feb 3, 2023
Sold by
Amarx Construction Llc
Bought by
Laws Samuel S and Laws Gretchen E
Seller's Agent
Savannah Morris
Coldwell Banker Advantage
Buyer's Agent
Savannah Morris
Coldwell Banker Advantage
List Price
$519,900
Sold Price
$507,900
Premium/Discount to List
-$12,000
-2.31%
Views
102
Current Estimated Value
$572,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,839
Avg. Annual Appreciation
3.79%
Original Mortgage
$208,500
Outstanding Balance
$201,930
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$355,704
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
Laws Samuel S $508,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laws Samuel S $208,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $507,900 -2.3% $304 / Sq Ft
09/06/2022 09/06/22 For Sale $519,900 -- $312 / 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 $2,319 $345,700 $66,200 $279,500
2022 $388 $66,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3902326

Canopy MLS (Canopy Realtor® Association)

APN: 9635-71-1246-00000