NOT LISTED FOR SALE

12 N Oak Terrace Arden, NC 28704

Estimated Value: $724,000 - $796,000

3 Beds
3 Baths
2,735 Sq Ft
$274/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $601,000 $220 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,318/month

25 Days on Market

Highlights

  • Sauna
  • Open Floorplan
  • Private Lot
  • Glen Arden Elementary School Rated A-
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of May 2021

Extraordinary, contemporary home in South Asheville. This move in ready 3 bedroom 3 bath home has been totally renovated and features include new windows, new custom interior doors throughout, new Italian light fixtures, alarm system which includes an underground alarm located in the front of the driveway to alert you if a car is coming up to the house, a Generac full house generator to keep you fully functional if the power goes out, new Mitsubishi mini-split system in the sunroom as well as a Malm wood burning fireplace and a whole house humidifier system to maintain the air to perfection. This home also conveys with a large Ft. Knox safe located in a secret " safe room". Master bedroom and guest bedroom are located on the main level as well as laundry facilities. Updates include bathrooms & freshly painted updated exterior of the home with cable railing on the front deck. This home is breathtaking and ready to host its next family.

Last Agent to Sell the Property

Pam Kendall

Kendall Real Estate License #296258 Listed on: 02/28/2021

Last Buyer's Agent

Kirsten Paris

EXP Realty LLC License #322291

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Private Lot
  • Many Trees

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Sauna
  • Oven
  • Attic Fan

Flooring

  • Wood
  • Tile

Outdoor Features

  • Terrace

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Ray Johns Association, Phone Number (828) 684-9366

Listing and Financial Details

  • Assessor Parcel Number 965477249400000

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96160
  • Ratio Close Price By Original Li: 0.92462
  • Ratio Current Price By Acre: 751250.00
  • Ratio Current Price By Sq Ft: 219.74
  • Year Built: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 313
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Exhaust Fan, Exhaust Hood, Gas Oven, Gas Range, Generator, Microwave, Natural Gas, Oven, Washer
  • Fireplace Description: FAMILYRM, Gas Logs, Gas Vented, Great Room, Natural Gas, Wood Burning, Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: (828) 684-9366
  • Interior Amenities: Attic Fan, Basement Shop, Cathedral Ceiling(s), Open Floorplan
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 598
  • Main Level Sq Ft: 1824
  • Total Sq Ft: 2735

Exterior Features

  • Construction: Hard Stucco, Wood
  • Construction Type: Site Built
  • Exterior Features: Sauna, Terrace

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Parking: Carport - 1 Car, Garage - 2 Car, Garage Door Opener, Parking Space - 3

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Humidifier, Natural Gas, Wall Unit - AC, Wall Unit Heat
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 250.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Ray Johns
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Glen Arden/Koontz
  • Middle School: Cane Creek
  • High School: T.C. Roberson

Lot Info

  • Lot Dimension: per tax records
  • Lot Features: Long Range View, Mountain View, Private, Sloping, Trees, Views
  • Lot Size Area: 0.800
  • Parcel Number: 965477249400000
  • Plat Book Slide: 0042/0027
  • Plat Reference Section Pages: 0047/0027
  • Zoning Specification: R

Tax Info

  • Tax Value: 323400.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
May 4, 2021
Sold by
Morgan Otto Jarrett and Justus Kathy
Bought by
Siehr Thomas A
Seller's Agent
Pam Kendall
Kendall Real Estate
Buyer's Agent
Kirsten Paris
EXP Realty LLC
List Price
$650,000
Sold Price
$601,000
Premium/Discount to List
-$49,000
-7.54%
Current Estimated Value
$748,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,904
Avg. Annual Appreciation
5.33%
Original Mortgage
$426,000
Outstanding Balance
$386,289
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$362,615

Purchase Details

Closed on
Feb 2, 2019
Sold by
Otto And Christy Morgan Living Trust
Bought by
Morgan Otto Jarrett

Purchase Details

Closed on
Sep 25, 2015
Sold by
Morgan Otto Jarrett and Morgan Christy
Bought by
Morgan Otto Jarrett and Otto And Christy Morgan Living Trust

Purchase Details

Closed on
Jun 28, 2000
Sold by
Morgan Lee W
Bought by
Morgan Otto Jarrett

Purchase Details

Closed on
Aug 23, 1996
Sold by
Brendle Michael S
Bought by
Morgan and Morgan
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
Siehr Thomas A $601,000 None Available
Siehr Thomas A $601,000 None Listed On Document
Morgan Otto Jarrett -- None Available
Morgan Otto Jarrett -- None Available
Morgan Otto Jarrett -- None Available
Morgan Otto Jarrett -- --
Morgan $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siehr Thomas A $426,000
Closed Siehr Thomas A $426,000
Previous Owner Morgan Christy C $75,000
Previous Owner Morgan Otto J $329,500
Previous Owner Morgan Otto J $345,000
Previous Owner Morgan Otto J $109,500
Previous Owner Morgan Otto Jarrett $169,500
Previous Owner Morgan Otto J $60,000
Previous Owner Morgan Otto Jarret $160,000
Previous Owner Morgan Otto Jarrett $20,000
Previous Owner Morgan Otto Jarrett $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $601,000 -3.8% $220 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/09/2021 03/09/21 Price Changed $625,000 -3.8% $229 / Sq Ft
02/28/2021 02/28/21 For Sale $650,000 -- $238 / 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 $2,609 $423,800 $68,900 $354,900
2023 $2,609 $423,800 $68,900 $354,900
2022 $2,483 $423,800 $0 $0
2021 $1,895 $323,400 $0 $0
2020 $1,583 $251,300 $0 $0
2019 $1,583 $251,300 $0 $0
2018 $1,583 $251,300 $0 $0
2017 $440 $248,400 $0 $0
2016 $1,726 $248,400 $0 $0
2015 $400 $248,400 $0 $0
2014 $526 $248,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3712126

Canopy MLS (Canopy Realtor® Association)

APN: 9654-77-2494-00000