NOT LISTED FOR SALE

120 Ellis Ln Unit 6 Arden, NC 28704

Estimated Value: $545,000 - $647,000

3 Beds
2.5 Baths
2,034 Sq Ft
$294/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $554,900 $273 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,585/month

8 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Wood Flooring
  • T.C. Roberson High School Rated A
  • Mountain View
  • Farmhouse Style Home

About This Home

As of February 2023

MOVE-IN READY, new construction opportunity in Arden! The French Broad model features an open floor plan, 9' ceilings on main level, granite countertops in kitchen and bathrooms, large laundry and optional fireplace. Surrounded by all of the beauty that Asheville has to offer and only 1.8 miles from Biltmore Park Town Square, Ellis Place is the perfect place to call home.

Last Agent to Sell the Property

Savannah Morris

Coldwell Banker Advantage Brokerage Email: savannah.pope@cbasheville.com License #309729 Listed on: 11/22/2021

Coldwell Banker Advantage

Last Buyer's Agent

Marc Weinstein

Engel & Völkers Foothills Longtown License #309170

Engel & Völkers Foothills Longtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,685

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Paved or Partially Paved Lot

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Farmhouse Style Home
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9635-71-2571

Community Details

Overview

  • Built by Amarx Construction, LLC
  • Ellis Place Subdivision, The French Broad Floorplan
  • Mandatory home owners association

Recreation

  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,685

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 2022
  • Restrictions: Subdivision,Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2022-11-04
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 272.81
  • Attribution Contact: savannah.pope@cbasheville.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1220
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 814
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
  • Above Grade Finished Sq Ft: 2034
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Living Area: 2034
  • Bedroom Main: 1
  • Room Count: 10
  • Sq Ft Other: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s)
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 0
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Gas, Underground Power Lines
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Dog Park
  • Association Fee: 60
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 720.00

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: Required

Lot Info

  • Lot Features: Paved
  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 9635-71-2571
  • Zoning: R-1
  • Plat Book Slide: 0221/0134
  • Development Status: Completed
  • Lot Size Acres: 0.17
  • Lot Size: See Plat
  • Lot Size Sq Ft: 7405
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: Amarx Construction, LLC

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Feb 28, 2023
Sold by
Amarx Construction Llc
Bought by
Arcuri Richard Nicholas and Rose Elizabeth Holton
Seller's Agent
Savannah Morris
Coldwell Banker Advantage
Buyer's Agent
Marc Weinstein
Engel & Völkers Foothills Longtown
List Price
$503,035
Sold Price
$554,900
Premium/Discount to List
$51,865
10.31%
Total Days on Market
8
Views
107
Current Estimated Value
$597,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,810
Avg. Annual Appreciation
4.48%
Original Mortgage
$414,900
Outstanding Balance
$404,570
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$212,660
Source: Public Records

Range of Values:

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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
Arcuri Richard Nicholas $555,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcuri Richard Nicholas $414,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $554,900 -0.9% $273 / Sq Ft
08/30/2022 08/30/22 Price Changed $559,900 +11.3% $275 / Sq Ft
05/18/2022 05/18/22 For Sale $503,035 0.0% $247 / Sq Ft
01/07/2022 01/07/22 Price Changed $503,035 +2.7% $247 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $489,900 -- $241 / 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 $2,685 $430,500 $65,700 $364,800
2022 $385 $65,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3808231

Canopy MLS (Canopy Realtor® Association)

APN: 9635-71-2571-00000