NOT LISTED FOR SALE

116 Ellis Ln Arden, NC 28704

Estimated Value: $575,000 - $601,000

3 Beds
2 Baths
1,684 Sq Ft
$347/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $567,500 $337 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,461/month

105 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Vaulted Ceiling
  • T.C. Roberson High School Rated A
  • Living Room with Fireplace
  • Traditional Architecture

About This Home

As of March 2024

BACK ON THE MARKET due to no fault of the Seller. No detail was overlooked in this recent construction home in Arden! This single-story home features an open concept floor plan, spacious owner's suite, 9' ceilings on main level with vaulted ceilings in the great room, silestone quartz countertops in kitchen and bath, large laundry room, screened in rear porch with Trex decking and mountain views, and upgrades throughout. Upgrades include: wainscoting board and batten trim in entryway, media wall built-ins with shelving, hardwood flooring, custom closet system with wood shelving in main bedroom, electric car outlet, custom window tint with blinds, and more. Surrounded by all of the beauty that the Arden area has to offer and only 1.8 miles from Biltmore Park Town Square, Ellis Place is the perfect place to call home. You don't want to miss this opportunity!

Last Agent to Sell the Property

Savannah Morris

Coldwell Banker Advantage Brokerage Email: savannah.pope@cbasheville.com License #309729 Listed on: 10/30/2023

Coldwell Banker Advantage

Last Buyer's Agent

Alec Cantley

Premier Sotheby’s International Realty License #271844

Premier Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,355

Year Built

  • Built in 2022

Lot Details

  • Corner Lot
  • Level Lot

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,684 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

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

Utilities

  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 9635-71-2436-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,355

Year Built

Built in 2022

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2022
  • Restrictions: Subdivision,Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 337.00
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: savannah.pope@cbasheville.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1684
  • 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, Electric Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Wall Oven, Washer/Dryer
  • Above Grade Finished Sq Ft: 1684
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 1684
  • Bedroom Main: 3
  • Room Count: 7
  • Sq Ft Other: 0
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s)
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Screened

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Street Lights
  • 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: Corner Lot, Level, Views
  • Lot Size Area: 0.22
  • Lot Size Units: Acres
  • Parcel Number: 9635-71-2436-00000
  • 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
Oct 30, 2023
Closed on
Mar 25, 2024
Sold by
Bonsignore Jake R and Bonsignore Sarah B
Bought by
Ireland John J
Seller's Agent
Savannah Morris
Coldwell Banker Advantage
Buyer's Agent
Alec Cantley
Premier Sotheby’s International Realty
List Price
$624,900
Sold Price
$567,500
Premium/Discount to List
-$57,400
-9.19%
Views
54
Current Estimated Value
$585,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,867
Avg. Annual Appreciation
2.06%
Original Mortgage
$80,600
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 14, 2022
Sold by
Amarx Construction Llc
Bought by
Bonsignore Jake R and Foster Sarah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ireland John J $567,500 None Listed On Document
Bonsignore Jake R $510,500 --
Bonsignore Jake R $510,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ireland John J $347,920
Closed Ireland John J $80,600
Closed Ireland John J $340,500
Previous Owner Bonsignore Jake R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $567,500 -5.4% $337 / Sq Ft
02/03/2024 02/03/24 Price Changed $599,900 0.0% $356 / Sq Ft
12/05/2023 12/05/23 Price Changed $599,999 -2.4% $356 / Sq Ft
11/09/2023 11/09/23 Price Changed $614,990 -1.6% $365 / Sq Ft
10/30/2023 10/30/23 For Sale $624,900 -- $371 / 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 $2,355 $378,500 $68,000 $310,500
2022 $398 $68,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4082594

Canopy MLS (Canopy Realtor® Association)

APN: 9635-71-2436-00000