NOT LISTED FOR SALE

120 Colony Dr Arden, NC 28704

Estimated Value: $175,000 - $208,000

1 Bed
1 Bath
735 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $195,000 $265 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,277/month

Highlights

  • Wood Flooring
  • Patio
  • 1-Story Property
  • Glen Arden Elementary School Rated A-
  • Laundry Room
  • Washer and Dryer

About This Home

As of August 2023

Welcome to this charming one-bedroom townhouse, designed for simplicity & comfort. This delightful one-story residence offers an easy, low-maintenance lifestyle & features a back patio area to enjoy morning coffee, gardening, or barbecuing. The open floorplan with ample natural light creates a seamless flow between the living spaces, allowing for easy entertaining & a spacious feel. Additionally, the community pool is just steps away. Nestled in a location teeming with amenities, including multiple grocery stores & restaurants, this townhouse is also conveniently located just 20 minutes from downtown Asheville, the iconic Biltmore Estate & Biltmore Village. Sellers are offering a $1,000 paint credit.

Last Agent to Sell the Property

Claire Chambers

Howard Hanna Beverly-Hanks Asheville-North License #295575 Listed on: 07/14/2023

Last Buyer's Agent

David Welsh

Howard Hanna Beverly-Hanks Biltmore Avenue License #168426

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1973

Lot Details

  • 1,307

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 735 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

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

Additional Features

  • Patio
  • Heat Pump System

Community Details

  • The Colony Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9654-44-2769-00000

Townhouse Details

Home Type

Townhome

Year Built

Built in 1973

Lot Details

1,307 Sq Ft Lot

HOA Fees

$210 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1973
  • Proposed Special Assessment Yn: 1
  • Proposed Special Assessment Desc: Potential widening of Sweeten Creek Road
  • Road Surface Type: Asphalt
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 265.31
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Carpet, Tile, Laminate, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 735
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 735
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 735
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Stone, Wood
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Inside, Laundry Closet, Main Level
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 210
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2520.00

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 9654-44-2769-00000
  • Zoning: RM16
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM16

Rental Info

  • Pets Allowed: Yes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 9, 2023
Sold by
Schreiner Eleanor Jane and Casey Cecil
Bought by
Johnston Tanner Henry
Seller's Agent
Claire Chambers
Howard Hanna Beverly-Hanks Asheville-North
Buyer's Agent
David Welsh
Howard Hanna Beverly-Hanks Biltmore Avenue
List Price
$195,000
Sold Price
$195,000
Views
21
Current Estimated Value
$190,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,684
Avg. Annual Appreciation
-0.96%
Original Mortgage
$185,250
Outstanding Balance
$178,404
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$11,912

Purchase Details

Listed on
Mar 20, 2018
Closed on
May 10, 2018
Sold by
Mclendon Ralph W and Thomas Davis Mclendon Trust
Bought by
Schreiner Eleanor
Seller's Agent
Elena Peters
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Claire Chambers
Howard Hanna Beverly-Hanks Asheville-North
List Price
$119,900
Sold Price
$112,500
Premium/Discount to List
-$7,400
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$90,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2017
Closed on
Jun 21, 2017
Sold by
Whittemore Cathy E
Bought by
Mclendon Ralph W and Thomas Davis Mclendon Trust
Seller's Agent
John Tyson
EXP Realty LLC
Buyer's Agent
Elena Peters
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.79%

Purchase Details

Closed on
Jul 25, 2007
Sold by
Bernard John F and Bernard Pamela C
Bought by
Whittemore Cathy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 2006
Sold by
Penny Luke D
Bought by
Bernard John F and Bernard Pamela C

Purchase Details

Closed on
Nov 21, 2005
Sold by
Forrest Stephen Joseph and Forrest Patricia Meghan
Bought by
Penny Luke D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,900
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Johnston Tanner Henry $195,000 None Listed On Document
Schreiner Eleanor $113,000 None Available
Mclendon Ralph W $90,000 None Available
Whittemore Cathy E $83,000 None Available
Bernard John F $79,000 None Available
Penny Luke D $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Tanner Henry $185,250
Previous Owner Schreiner Eleanor $90,000
Previous Owner Whittemore Cathy E $83,000
Previous Owner Penny Luke D $70,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2023 08/11/23 Sold $195,000 0.0% $265 / Sq Ft
07/14/2023 07/14/23 For Sale $195,000 +73.3% $265 / Sq Ft
05/18/2018 05/18/18 Sold $112,500 -6.2% $146 / Sq Ft View Prior Sale
04/04/2018 04/04/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $119,900 +33.2% $156 / Sq Ft
06/21/2017 06/21/17 Sold $90,000 -5.3% $117 / Sq Ft View Prior Sale
05/21/2017 05/21/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $95,000 -- $124 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $1,068 $115,200 $15,000 $100,200
2024 $1,068 $115,200 $15,000 $100,200
2023 $1,068 $136,100 $15,000 $121,100
2022 $1,213 $136,100 $0 $0
2021 $1,213 $136,100 $0 $0
2020 $990 $103,400 $0 $0
2019 $990 $103,400 $0 $0
2018 $853 $89,000 $0 $0
2017 $861 $73,100 $0 $0
2016 $789 $73,100 $0 $0
2015 $789 $73,100 $0 $0
2014 $778 $73,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4048414

Canopy MLS (Canopy Realtor® Association)

APN: 9654-44-2769-00000

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