NOT LISTED FOR SALE

118 Cedar Ln Unit 5&6 Arden, NC 28704

Estimated Value: $339,000 - $426,000

3 Beds
1 Bath
1,204 Sq Ft
$325/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $234,900 $195 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,415/month

2 Days on Market

Highlights

  • Wood Burning Stove
  • Ranch Style House
  • Wood Flooring
  • T.C. Roberson High School Rated A
  • Outdoor Fireplace
  • 4-minute walk to Jake Rusher Park

About This Home

As of February 2019

Home priced under recent appraisal and offering a home warranty! Rare opportunity in desirable Royal Pines on the south end of town! This great 3 bedroom 1 bathroom home has real hardwood floors, an updated/remodeled full bath, multiple heating options to keep warm in the cooler months and is situated on a double lot with a park-like setting in the expansive back yard! Additional adjacent lot is also available. Just around the way from Jake Rusher Park, and all that Arden and South Asheville have to offer! This is a great opportunity for an investment, first home, or making this your forever home. Unfinished basement has working sink/toilet and great area for a "man cave" or whatever you want to make it. You truly must see this one to appreciate all it has to offer.

Last Agent to Sell the Property

David Plyler

Lusso Realty License #299169 Listed on: 01/07/2019

Last Buyer's Agent

Jan Rector

Allen Tate/Beverly-Hanks Asheville-Downtown License #199398

Allen Tate/Beverly-Hanks Asheville-Downtown

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • Level Lot
  • Open Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Asbestos Siding

Interior Spaces

  • 1 Full Bathroom
  • Wood Burning Stove
  • Bonus Room with Fireplace

Flooring

  • Wood
  • Laminate

Outdoor Features

  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 9654-34-2923-00000
  • Tax Block 26

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.02175
  • Ratio Close Price By Original Li: 1.02175
  • Ratio Current Price By Acre: 734062.50
  • Ratio Current Price By Sq Ft: 195.10
  • Year Built: 1955
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Microwave, Washer, Electric Oven
  • Fireplace Description: Bonus Room, Living Room, Woodstove
  • Fireplace: Yes
  • Flooring: Laminate Tile, Wood
  • Interior Amenities: Built-Ins
  • Laundry Location: Basement
  • Room Count: 2
  • Main Level Sq Ft: 1204
  • Total Sq Ft: 1204
  • Sq Ft Unheated Basement: 1204
  • Sq Ft Unheated Total: 1204

Exterior Features

  • Construction: Asbestos
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, Outdoor Fireplace

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat, Propane, Woodstove
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Estes/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Dimension: 13939.2
  • Lot Features: Level, Open Lot, Trees
  • Lot Size Area: 0.320
  • Parcel Number: 9654-34-2923-00000
  • Plat Book Slide: 7/62
  • Zoning Specification: RS-8

Tax Info

  • Tax Value: 161000.00
  • Tax Block: 26
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2023
Sold by
Nava Amelia
Bought by
Hart Mckinny John and Hart Nicole Reynolds
Current Estimated Value
$398,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$279,665
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$122,802

Purchase Details

Listed on
Jan 7, 2019
Closed on
Feb 12, 2019
Sold by
Davis Claude David and Siebels Susan
Bought by
Mittan Amelia
Seller's Agent
David Plyler
Lusso Realty
Buyer's Agent
Jan Rector
Allen Tate/Beverly-Hanks Asheville-Downtown
List Price
$229,900
Sold Price
$234,900
Premium/Discount to List
$5,000
2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$230,644
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2007
Sold by
Roper Davis Mary
Bought by
Barnes Elaine Davis and Davis Claude David
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
Hart Mckinny John $360,000 None Listed On Document
Mittan Amelia $235,000 None Available
Barnes Elaine Davis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Mckinny John $288,000
Previous Owner Mittan Amelia $230,644
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2019 02/14/19 Sold $234,900 +2.2% $195 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $229,900 -- $191 / 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 $2,576 $277,900 $50,600 $227,300
2022 $2,476 $277,900 $0 $0
2021 $2,476 $277,900 $0 $0
2020 $1,882 $196,500 $0 $0
2019 $1,542 $161,000 $0 $0
2018 $1,542 $161,000 $0 $0
2017 $1,558 $142,300 $0 $0
2016 $1,535 $142,300 $0 $0
2015 $1,535 $142,300 $0 $0
2014 $1,514 $142,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3463022

Canopy MLS (Canopy Realtor® Association)

APN: 9654-34-2923-00000