NOT LISTED FOR SALE

12 Mountain Orchid Way Unit 87 Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $214,000 - $1,613,000

0.25 Acre
$3,034,668 Price per Acre
10,890 Sq Ft Lot

Last Sold September 28, 2018

Last sale price $140,000

Est. 442% increase in value since last sale

Current estimated payment $4,507/month

606 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Pond
  • T.C. Roberson High School Rated A
  • Clubhouse
  • Wooded Lot

About This Lot

As of September 2018

Beautiful carriage entry homesite in the Cove Park section of The Cliffs at Walnut Cove. Old growth forest, gentle topography, and an east/west exposure that is sought after in the mountains. Walking distance to both the vast nature trail system and 18,000 square foot Wellness Center.

Last Agent to Sell the Property

Lee Swing

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #168189 Listed on: 12/09/2016

Last Buyer's Agent

David Gregg

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #248481

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $145 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9633-08-5819-00000
  • Tax Block CP

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Trails
  • Pond

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.88050
  • Ratio Close Price By Original Li: 0.70000
  • Ratio Current Price By Acre: 560000.00
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed
  • Special Features: None

Interior Features

  • Foundation Details: g-Sealed Crawl Space

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: County Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Golf Course, Pond, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 1735.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Level, Trees, Wooded
  • Lot Size Area: 0.250
  • Parcel Number: 9633-08-5819-00000
  • Zoning: Residential
  • Zoning Specification: R-2
  • Plat Book Slide: 0122

Tax Info

  • Tax Value: 207800.00
  • Tax Amount Ncm: 1331.00
  • Tax Block: CP
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2016
Closed on
Sep 26, 2018
Sold by
Mccracken Elils W and Mccracken Jacquelyn J
Bought by
Kerhart Steven C and Kerhart Lisa R
Seller's Agent
Lee Swing
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
David Gregg
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$159,000
Sold Price
$140,000
Premium/Discount to List
-$19,000
-11.95%
Total Days on Market
606
Current Estimated Value
$758,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$618,667
Avg. Annual Appreciation
28.74%
Original Mortgage
$450,000
Outstanding Balance
$396,424
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$362,243

Purchase Details

Listed on
Dec 9, 2016
Closed on
Aug 28, 2018
Sold by
Mccracken John F and Mccracken Karen
Bought by
Mccracken Ellis W and Mccracken Jacquelyn J
Seller's Agent
Lee Swing
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
David Gregg
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$159,000
Sold Price
$140,000
Premium/Discount to List
-$19,000
-11.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$396,424
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$362,243

Purchase Details

Closed on
Jul 2, 2018
Sold by
Mccracken Ellis W and Mccracken Jacquelyn J
Bought by
Mccracken John F

Purchase Details

Closed on
Dec 21, 2009
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Mccracken Ellis and Mccracken Jacquelyn
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kerhart Steven C $140,000 None Available
Mccracken Ellis W -- None Available
Mccracken John F -- None Available
Mccracken Ellis $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerhart Steven C $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $140,000 -11.9% --
08/07/2018 08/07/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $159,000 +13.6% --
06/30/2018 06/30/18 Off Market $140,000 -- --
12/09/2016 12/09/16 For Sale $200,000 -- --
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 $1,239 $201,200 $201,200 $0
2022 $1,179 $201,200 $0 $0
2021 $1,179 $201,200 $0 $0
2020 $1,309 $207,800 $0 $0
2019 $1,309 $207,800 $0 $0
2018 $1,309 $207,800 $0 $0
2017 $1,309 $191,500 $0 $0
2016 $1,331 $191,500 $0 $0
2015 $1,331 $191,500 $0 $0
2014 -- $191,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Swing

    Seller's Agent in 2018

    Lee Swing

    Walnut Cove Realty/Allen Tate/Beverly-Hanks

    (828) 808-9417

    46 in this area

    64 Total Sales

    Lee Swing
    Section Image
  • David Gregg

    Buyer's Agent in 2018

    David Gregg

    Allen Tate/Beverly-Hanks Asheville-Biltmore Park

    (828) 687-0293

    71 Total Sales

    David Gregg
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3206287

Canopy MLS (Canopy Realtor® Association)

APN: 9633-08-5819-00000

North Carolina Buncombe County Arden 28704 Walnut Cove

12 Mountain Orchid Way Unit 87, Arden, NC

This home is located at 12 Mountain Orchid Way Unit 87, Arden, NC 28704 since 09 December 2016 and is currently estimated at $758,667. 12 Mountain Orchid Way Unit 87 is a home located in Buncombe County with nearby schools including Avery's Creek Elementary School, T.C. Roberson High School, and Koontz Intermediate School.

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