NOT LISTED FOR SALE

116 Chestnut Place Arden, NC 28704

Estimated Value: $257,000 - $307,000

2 Beds
1 Bath
903 Sq Ft
$315/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $241,000 $267 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,609/month

21 Days on Market

Highlights

  • Deck
  • Private Lot
  • Wood Flooring
  • Glen Arden Elementary School Rated A-
  • Wooded Lot
  • Screened Porch

About This Home

As of August 2022

Bring your ideas to this house tucked away in popular Royal Pines! The functional floor plan features two bedrooms, hardwood floors, and an open kitchen. Bonus room off the second bedroom would make a potential 3rd bedroom, office, den, or playroom. Sunny home also has a partially screened/covered wrap-around deck that overlooks the private, wooded lot. It would make the perfect next project for any investor or be a great starter home for someone ready for a project. Great Arden location, close to elementary school, restaurants, and shopping!

Last Agent to Sell the Property

Andrew Lanteri

Nest Realty Asheville License #299643 Listed on: 07/15/2022

Nest Realty Asheville

Last Buyer's Agent

Michelle Ranieri

Southern Homes of the Carolinas, Inc License #229505

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,114

Year Built

  • Built in 1951

Lot Details

  • Private Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 903 Sq Ft Home
  • Living Room with Fireplace
  • Screened Porch
  • Crawl Space
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Additional Features

  • Deck
  • Baseboard Heating

Community Details

  • Royal Pines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 965466544700000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,114

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1951
  • Ratio Current Price By Acre: 730303.03
  • Road Surface Type: Asphalt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 266.89
  • Special Features: None

Interior Features

  • Foundation Details: Basement Outside Entrance, Crawl Space
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 903
  • 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
  • Porch: Deck,Front,Porch-Wrap Around,Screened,Side
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Living Area: 903
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Carport - 1 Car, Driveway

Utilities

  • Heating: Baseboard, Window Unit(s)
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: None

Lot Info

  • Lot Features: Private, Sloped, Wooded
  • Lot Size Area: 0.33
  • Lot Size Units: Acres
  • Parcel Number: 965466544700000
  • Plat Book Slide: 0007/0083
  • Lot Size: n/a
  • Zoning Description: R-1

Tax Info

  • RATIO List Price By Tax Amount: 1.27648

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2025
Sold by
Schulze Dan and Schulze Terri H
Bought by
Daniel R Schulze Revocable Declaration Of Tru and Terri H Schulze Revocable Declaration Of Trus
Current Estimated Value
$284,427

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 3, 2022
Sold by
Barrett and Jacob
Bought by
Schulze Daniel and Schulze Terri
Seller's Agent
Andrew Lanteri
Nest Realty Asheville
Buyer's Agent
Michelle Ranieri
Southern Homes of the Carolinas, Inc
List Price
$235,000
Sold Price
$241,000
Premium/Discount to List
$6,000
2.55%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Aug 26, 2009
Sold by
Wharton Dion K K
Bought by
Crvich Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,971
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 1997
Sold by
Hutchinson Clark Douglas
Bought by
Wharton
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
Daniel R Schulze Revocable Declaration Of Tru -- None Listed On Document
Schulze Daniel $241,000 None Listed On Document
Crvich Jacob $108,000 None Available
Wharton $66,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crvich Jacob $106,500
Previous Owner Crvich Jacob $14,000
Previous Owner Crvich Jacob $109,971
Previous Owner Wharton Dion K $78,400
Previous Owner Wharton Dion K $12,600
Previous Owner Wharton Dion K $63,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $241,000 +2.6% $267 / Sq Ft
07/15/2022 07/15/22 For Sale $235,000 -- $260 / 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 $1,114 $179,200 $51,800 $127,400
2023 $1,114 $179,200 $51,800 $127,400
2022 $0 $184,100 $0 $0
2021 $1,079 $184,100 $0 $0
2020 $898 $142,600 $0 $0
2019 $898 $142,600 $0 $0
2018 $898 $142,600 $0 $0
2017 $0 $120,400 $0 $0
2016 $837 $120,400 $0 $0
2015 $837 $120,400 $0 $0
2014 $837 $120,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3883492

Canopy MLS (Canopy Realtor® Association)

APN: 9654-66-5439-00000