NOT LISTED FOR SALE

118 Cedar Ln Unit 5&6 Arden, NC 28704

Estimated Value: $380,000 - $421,000

3 Beds
1 Bath
1,204 Sq Ft
$334/Sq Ft Est. Value

Last Sold February 14, 2019

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

Est. 71% increase in value since last sale

Current estimated payment $2,351/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
Total Days on Market
2
Current Estimated Value
$402,467

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
8.88%
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

Similar Homes in the area

  • 41 Sunview Cir, Arden, NC 28704

    $500,000

    • 3 Beds
    • 2 Baths
    • 2,140 Sq Ft
    • 41 Sunview Cir
    • Arden, NC

    Attractive craftsman style, low maintenance cottage has attached dbl garage with FROG. Located in south Buncombe, county taxes, quaint small neighborhood. 5-7 mins. to shop, airport. Flat walking area. Split bedroom plan. Open great room to kitchen, dining room. Granite fireplace surround & hearth. 7 ceiling fans. Separate laundry room. 18x10 screen porch views private wooded border. (Great for

    Brad Puffer Keller Williams Professionals

    Section Image
  • 132 Sycamore Terrace, Arden, NC 28704

    $424,000

    • 2 Beds
    • 1 Bath
    • 758 Sq Ft
    • 132 Sycamore Terrace
    • Arden, NC

    Motivated Seller. Desirable Royal Pines area bungalow on 2 lots across the street from Jake Rusher Park. Several outdoor sitting areas to enjoy beautifully landscaped terraced lawn. Two bedroom home with Jack and Jill bath. Bath has walk in shower. Living room has a wood burning stove in the fireplace. Galley kitchen with newer stove and refrigerator. Front entry leads into the laundry

    Florence Scarborough Better Homes and Gardens Real Estate Heritage

    Section Image
  • 215 Cedar Ln, Arden, NC 28704

    $345,000

    • 2 Beds
    • 2 Baths
    • 1,168 Sq Ft
    • 215 Cedar Ln
    • Arden, NC

    Behind this unassuming exterior lies a two-bedroom, two-bathroom Royal Pines cottage full of warmth and character, featuring original cedar walls, ceilings, and built-ins. The home offers a cozy, inviting atmosphere that makes it truly unique. Outside, you'll find a covered front porch, stone back patio, and a charming courtyard. The level, fenced yard provides an ideal space for gardening, pets,

    Tracy Dew Preferred Properties

    Section Image
  • 217 Royal Pines Dr, Arden, NC 28704

    $375,000

    • 3 Beds
    • 2 Baths
    • 1,008 Sq Ft
    • 217 Royal Pines Dr
    • Arden, NC

    Charming Updated Home with Expansion Potential in highly desirable prime Arden LocationConveniently located near shopping, dining, and the Asheville Regional Airport, this tastefully updated split-level home offers both comfort and opportunity. With 1,008 square feet of well-designed living space, the home features three bedrooms and two full baths, including a spacious primary suite with a

    John Patson Dwell Realty Group

    Section Image
  • 17 Laurel Rd, Arden, NC 28704

    $450,000

    • 3 Beds
    • 2 Baths
    • 1,325 Sq Ft
    • 17 Laurel Rd
    • Arden, NC

    Well-maintained 3BR/2BA Arts & Crafts home in Arden’s desirable Royal Pines community. Only one owner, this home was built in 2015 with a focus on energy efficiency—HERS score of 57, ENERGY STAR appliances, and low VOC finishes. Open floorplan with split bedroom layout and beautiful red oak flooring throughout the main living areas. Kitchen features granite countertops and soft-close cabinets

    Angela Marino CENTURY 21 Mountain Lifestyles

    Section Image
  • 417 Royal Pines Dr, Arden, NC 28704

    $449,000

    • 3 Beds
    • 2 Baths
    • 1,386 Sq Ft
    • 417 Royal Pines Dr
    • Arden, NC

    Welcome to this well-maintained 3-bedroom, 2-bathroom home in the desirable Royal Pines community. With thoughtful updates and classic charm, it offers comfort, convenience, and freedom from worry. Enjoy a light-filled living area with a cozy gas fireplace. The kitchen features updated cabinetry, and the primary bath includes a fresh new vanity. Downstairs offers a flexible bonus space, complete

    Mindy Coward Nexus Realty LLC

    Section Image
  • 6 Woodmere Dr, Arden, NC 28704

    $495,000

    • 3 Beds
    • 2.5 Baths
    • 1,981 Sq Ft
    • 6 Woodmere Dr
    • Arden, NC

    Welcome to 6 Woodmere Drive in the sought-after Glen Arden Estates. Nestled on a private 1.4-acre lot with winter mountain views and mature trees, this charming 3-bedroom, 2.5-bath split-level offers peace, space, and convenience. With nearly 2,000 sq ft, enjoy a bright living room, dedicated dining room, and kitchen on the main level. Upstairs, the primary suite features its own bath, alongside

    Justin Grogan Keller Williams Professionals

    Section Image
  • 16 Rosscraggon Dr, Asheville, NC 28803

    $350,000

    • 3 Beds
    • 1 Bath
    • 1,101 Sq Ft
    • 16 Rosscraggon Dr
    • Asheville, NC

    PEACEFUL AND PRIVATE IN SOUTH ASHEVILLE Nestled at the end of a quiet cul-de-sac, 16 Rosscraggon offers privacy, charm, and convenience in South Asheville. This 3-bedroom, 1-bathroom ranch sits on .82 fully fenced acres, perfect for pets, play, or a garden oasis. Recent updates include fresh interior paint, a new front deck with a pergola, new carpet in the primary bedroom, an updated bathroom,

    Jared McKnight Nest Realty Asheville

    Section Image
  • 335 Rosscraggon Rd, Arden, NC 28704

    $399,000

    • 3 Beds
    • 2 Baths
    • 1,277 Sq Ft
    • 335 Rosscraggon Rd
    • Arden, NC

    Welcome to your new turn-key, move in ready home! 335 Rosscraggon is a beautiful open-floor plan located in Arden, NC. The tall ceilings allow for an abundance of natural light. If you like spending time outdoors, the landscaping is waiting for a gardeners touch. The backyard is fenced and well lit. This property is ideally situated in a vibrant area that offers a perfect blend of tranquility and

    Jessica Bolet Epique Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3463022

Canopy MLS (Canopy Realtor® Association)

APN: 9654-34-2923-00000