NOT LISTED FOR SALE

116 McElrath Rd Arden, NC 28704

Estimated Value: $445,000 - $518,000

2 Beds
3 Baths
2,649 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 13, 2019

Last sale price $275,000 $104 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,701/month

72 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Attached Garage
  • Glenn C. Marlow Elementary School Rated A
  • Skylights
  • Storage Room

About This Home

As of June 2019

PRIVATE HOME IN GREAT LOCATION! CONVENIENT TO ASHEVILLE, HENDERSONVILLE AND BREVARD!! GREAT AIR BNB POTENTIAL! LOWER LEVEL OFFERS IN-LAW SUITE WITH FULL KITCHEN, BATH, LARGE LIVING ROOM, PLENTY OF STORAGE, 2 ENTRANCES. NEW ROOF IN 2017 AND NEW LENNOX HVAC WITH WIFI DIGITAL THERMOSTAT IN 2018. SPLIT BEDROOM PLAN, GAS LOGS ON BOTH LEVELS, OPEN DECK WITH VIEWS AND SCREENED IN PORCH, LARGE OUTBUILDING/SHED!

Last Agent to Sell the Property

Tyler Greer

Keller Williams Mtn Partners, LLC License #281234 Listed on: 02/16/2019

Keller Williams Mtn Partners, LLC

Last Buyer's Agent

Jay Grimmett

Mackey Realty LLC License #284570

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Skylights
  • Gas Log Fireplace
  • Bonus Room with Fireplace
  • Storage Room
  • Oven

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Garden Bath

Outdoor Features

  • Fire Pit
  • Shed

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9973132

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.91973
  • Ratio Close Price By Original Li: 0.91973
  • Ratio Current Price By Acre: 93856.66
  • Ratio Current Price By Sq Ft: 103.81
  • Year Built: 2000
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Fireplace Description: Bonus Room, Gas Logs, Living Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Garden Tub, Pantry, Skylight(s), Split BR Plan, Storage Unit
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 1137
  • Main Level Sq Ft: 1512
  • Total Sq Ft: 2649
  • Sq Ft Unheated Basement: 375
  • Sq Ft Unheated Total: 375

Exterior Features

  • Construction: Concrete Block, Vinyl
  • Construction Type: Off Frame Modular
  • Exterior Features: Fenced Yard, Shed(s), Fire pit

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Basement, Garage - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Mills River
  • Middle School: Rugby
  • High School: West Henderson

Lot Info

  • Lot Features: Long Range View, Mountain View, Private, Rolling, Trees, Views, Winter View, Wooded
  • Lot Size Area: 2.930
  • Parcel Number: 9973132
  • Zoning Specification: R3

Tax Info

  • Tax Value: 193000.00
  • Tax Location: Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2019
Closed on
Jun 12, 2019
Sold by
Maurer Kari A
Bought by
Holaday Thomas Samuel and Holaday Laura Marie Lang
Seller's Agent
Tyler Greer
Keller Williams Mtn Partners, LLC
Buyer's Agent
Jay Grimmett
Mackey Realty LLC
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Current Estimated Value
$480,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,680
Avg. Annual Appreciation
9.16%
Original Mortgage
$220,000
Outstanding Balance
$193,042
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$287,638

Purchase Details

Closed on
Oct 24, 2005
Sold by
Not Provided
Bought by
Maurer Kevin P and Maurer Kari A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
5.66%
Mortgage Type
Cash
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
Holaday Thomas Samuel $275,000 --
Maurer Kevin P $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holaday Thomas Samuel $220,000
Previous Owner Maurer Kevin P $182,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2019 06/13/19 Sold $275,000 -8.0% $104 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
02/16/2019 02/16/19 For Sale $299,000 -- $113 / 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
2025 $2,161 $407,000 $113,300 $293,700
2024 $2,161 $407,000 $113,300 $293,700
2023 $2,161 $407,000 $113,300 $293,700
2022 $1,753 $261,300 $56,200 $205,100
2021 $1,753 $261,300 $56,200 $205,100
2020 $1,753 $261,300 $0 $0
2019 $1,471 $219,200 $0 $0
2018 $1,264 $193,000 $0 $0
2017 $1,264 $193,000 $0 $0
2016 $1,264 $193,000 $0 $0
2015 -- $193,000 $0 $0
2014 -- $195,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3475457

Canopy MLS (Canopy Realtor® Association)

APN: 9973132