NOT LISTED FOR SALE

118 Cedar Ln Arden, NC 28704

Estimated Value: $375,000 - $437,000

3 Beds
1 Bath
1,217 Sq Ft
$331/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $360,000 $296 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,395/month

4 Days on Market

Highlights

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

About This Home

As of May 2023

Sweet ranch home on a quiet street with excellent curb appeal. Conveniently located between Sweeten Creek and Hendersonville Rd. in South Asheville, close to Jake Rusher Park. Large living room with wood burning stove, original oak hardwood floors, 3 bed + 1 updated bath on main, new kitchen appliances, repainted upper cabinets, partially finished basement with 3 bonus rooms and laundry. Single car garage is attached by a breezeway that leads into a dreamy park-like backyard. A large, insulated shed with electricity and loft was recently added. Woodworker's dream or ADU conversion possibility!

Last Agent to Sell the Property

Alona Lorenz

Patton Allen Real Estate LLC License #286980 Listed on: 04/07/2023

Last Buyer's Agent

John McKinny

EXP Realty LLC License #312480

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,576

Year Built

  • Built in 1955

Lot Details

  • Front Green Space
  • Back Yard Fenced
  • Level Lot
  • Wooded Lot
  • Property is zoned RS8

Parking

  • 1 Car Attached Garage
  • Driveway
  • 2 Open Parking Spaces

Home Design

  • Ranch Style House
  • Asbestos

Interior Spaces

  • Ceiling Fan
  • Fireplace
  • Storm Windows
  • Laundry Room
  • Partially Finished Basement

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Fire Pit
  • Shed
  • Front Porch

Schools

  • William Estes Elementary School
  • Valley Springs Middle School
  • T.C. Roberson High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Propane Water Heater

Community Details

  • Royal Pines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9654-34-2923-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,576

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1955
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 295.81
  • Property Sub Type Additional: None
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Other, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1217
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 960
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 960
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Propane Water Heater, Refrigerator
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 1217
  • Accessibility Features: Two or More Access Exits, Other - See Remarks
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Living Area: 1217
  • Window Features: Storm Window(s)
  • Bedroom Main: 3
  • Room Count: 10

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Waterfront Features: None
  • Construction Type: Asbestos
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 308
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Heat Pump, Propane, Wood Stove
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Propane
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Street Lights
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: None

Lot Info

  • Lot Features: Green Area, Level, Wooded
  • Lot Size Area: 0.32
  • Lot Size Units: Acres
  • Parcel Number: 9654-34-2923-00000
  • Zoning: RS8
  • Plat Book Slide: 0007/0062
  • Plat Reference Section Pages: 0007/0062
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS8

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: William Estes
  • High School: T.C. Roberson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
May 4, 2023
Sold by
Nava Amelia
Bought by
Hart Mckinny John and Hart Nicole Reynolds
Seller's Agent
Alona Lorenz
Patton Allen Real Estate LLC
Buyer's Agent
John McKinny
EXP Realty LLC
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Views
50
Current Estimated Value
$403,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,146
Avg. Annual Appreciation
3.61%
Original Mortgage
$288,000
Outstanding Balance
$278,133
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$113,183

Purchase Details

Closed on
Feb 12, 2019
Sold by
Davis Claude David and Siebels Susan
Bought by
Mittan Amelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
05/08/2023 05/08/23 Sold $360,000 -4.0% $296 / Sq Ft
04/07/2023 04/07/23 For Sale $375,000 -- $308 / 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 $2,576 $277,900 $50,600 $227,300
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: 4017919

Canopy MLS (Canopy Realtor® Association)

APN: 9654-34-2923-00000