NOT LISTED FOR SALE

14 Farthings Dr Unit 14 Arden, NC 28704

Estimated Value: $453,000 - $519,000

0.14 Acre
$3,498,364 Price per Acre
6,098 Sq Ft Lot

Last Sold December 10, 2015

Last sale price $45,000

Est. 988% increase in value since last sale

Current estimated payment $2,906/month

242 Days on Market

Highlights

  • Front Green Space
  • T.C. Roberson High School Rated A
  • Level Lot

About This Lot

As of December 2015

Excellent building opportunity in South Farthings, a small 8 home community in Mills River. This quiet, cul-de-sac community only has 2 home sites remaining. Flat building site sets up for an easy building opportunity with access to both public water and public sewer.

Last Agent to Sell the Property

Alec Cantley

Premier Sotheby’s International Realty License #271844 Listed on: 04/01/2015

Premier Sotheby’s International Realty

Last Buyer's Agent

Reese Morgani

Keller Williams Professionals License #232402

Keller Williams Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,020

Year Built

  • 2017

Lot Details

  • Front Green Space
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 9633-42-6707

Property Details

Property Type

Land

Est. Annual Taxes

$2,020

Year Built

2017

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.76271
  • Ratio Close Price By Original Li: 0.69231
  • Ratio Current Price By Acre: 321428.57
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2017

Exterior Features

  • Cleared Acres: 0.14

Utilities

  • Sewer: City Sewer

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Green Area, Level, Paved Frontage, Year Round View
  • Lot Size Area: 0.140
  • Parcel Number: 9633-42-6707
  • Zoning Specification: R-1
  • Plat Reference Section Pages: 4298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Pritchard Donald R and Pritchard Alexa K
Bought by
Derek Tornwali and Thien Tran May
Total Days on Market
242
Current Estimated Value
$489,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,900
Outstanding Balance
$312,732
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$177,039

Purchase Details

Closed on
Mar 12, 2021
Sold by
Hogan Justin Anon and Hogan Rachel D
Bought by
Pritchard Donald R and Leahy Alexa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2017
Sold by
Silver Pine Properties Llc
Bought by
Hogan Justin Arlon and Hogan Rachel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,570
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2015
Closed on
Dec 10, 2015
Sold by
J & D Development Llc
Bought by
Silver Pine Properties Llc
Seller's Agent
Alec Cantley
Premier Sotheby’s International Realty
Buyer's Agent
Reese Morgani
Keller Williams Professionals
List Price
$65,000
Sold Price
$45,000
Premium/Discount to List
-$20,000
-30.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.57%
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
Derek Tornwali $457,000 None Listed On Document
Pritchard Donald R $355,000 None Available
Hogan Justin Arlon $280,500 None Available
Silver Pine Properties Llc $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derek Tornwali $319,900
Previous Owner Pritchard Donald R $337,250
Previous Owner Hogan Justin Arlon $254,431
Previous Owner Hogan Justin Arlon $266,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2015 12/10/15 Sold $45,000 -30.8% --
11/29/2015 11/29/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $65,000 -- --
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 $2,020 $300,100 $52,600 $247,500
2022 $1,759 $300,100 $52,600 $247,500
2021 $1,759 $300,100 $0 $0
2020 $1,608 $255,200 $0 $0
2019 $1,608 $255,200 $0 $0
2018 $1,608 $255,200 $0 $0
2017 $312 $45,100 $0 $0
2016 $313 $45,100 $0 $0
2015 $313 $45,100 $0 $0
2014 $313 $45,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM580608

Canopy MLS (Canopy Realtor® Association)

APN: 9633-42-3890-00000