NOT LISTED FOR SALE

15 Mountain Orchid Way Unit 76 Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $1,580,250 - $1,911,000

0.23 Acre
$7,518,752 Price per Acre
10,019 Sq Ft Lot

Last Sold May 20, 2013

Last sale price $210,000

Est. 723% increase in value since last sale

Current estimated payment $10,213/month

425 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Front Green Space
  • T.C. Roberson High School Rated A
  • Corner Lot
  • Home fronts a stream

About This Lot

As of May 2013

One of the most sought-after lots in the Cove Park enclave at Walnut Cove. Listed well below original purchase price it also represents one of the best values. This homesite abuts POA-managed green space that includes miles of nature trails. Powder Creek is a beautiful stream that runs behind this property. Lot 76 offers a gentle slope for easy building and is but a few moments stroll from Walnut Cove's 18,000 sq ft wellness center. -

Last Agent to Sell the Property

Roseann Cioce

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #265634 Listed on: 03/08/2012

Last Buyer's Agent

Janet Whitworth

Premier Sotheby’s International Realty License #211257

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,077

Year Built

  • 2014

Lot Details

  • Home fronts a stream
  • Front Green Space
  • Corner Lot
  • Many Trees

Listing and Financial Details

  • Assessor Parcel Number 9633-09-7140-00000

Community Details

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,077

Year Built

2014

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.84337
  • Ratio Close Price By Original Li: 0.84337
  • Ratio Current Price By Acre: 913043.48
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2014

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee: 1490.00

Schools

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

Lot Info

  • Lot Features: Corner Lot, Green Area, Stream/Creek, Trees
  • Lot Size Area: 0.230
  • Parcel Number: 9633-09-7140-00000
  • Zoning Specification: R-2
  • Plat Reference Section Pages: 4526

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2012
Closed on
May 16, 2013
Sold by
Butler Alan L and Butler Gwendolyn R
Bought by
Macneill Joan G and The Joan G Macneill Revocable Trust
Seller's Agent
Roseann Cioce
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Janet Whitworth
Premier Sotheby’s International Realty
List Price
$249,000
Sold Price
$210,000
Premium/Discount to List
-$39,000
-15.66%
Total Days on Market
425
Current Estimated Value
$1,729,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,519,313
Avg. Annual Appreciation
19.27%

Purchase Details

Closed on
Feb 15, 2008
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Butler Alan L and Butler Gwendolyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.85%
Mortgage Type
Unknown
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
Macneill Joan G $210,000 None Available
Butler Alan L $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler Alan L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2013 05/20/13 Sold $210,000 -15.7% --
05/07/2013 05/07/13 Pending -- -- --
03/08/2012 03/08/12 For Sale $249,000 -- --
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 $6,077 $987,200 $198,900 $788,300
2022 $5,785 $987,200 $0 $0
2021 $5,785 $987,200 $0 $0
2020 $5,918 $939,300 $0 $0
2019 $5,918 $939,300 $0 $0
2018 $5,918 $939,300 $0 $0
2017 $5,918 $755,300 $0 $0
2016 $5,249 $755,300 $0 $0
2015 $3,281 $472,100 $0 $0
2014 $1,316 $189,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM514281

Canopy MLS (Canopy Realtor® Association)

APN: 9633-09-7140-00000