NOT LISTED FOR SALE

15 Olde Covington Way Arden, NC 28704

Estimated Value: $484,000 - $541,000

3 Beds
2.5 Baths
2,191 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $520,000 $237 Per Sq Ft

Current estimated payment $3,088/month

18 Days on Market

About This Home

As of March 2024

Welcome to your dream home in Covington Crossing! This stunning residence boasts three bedrooms, two and a half baths, and a generously-sized bonus room on the upper level, a sophisticated formal dining room, perfect for entertaining guests, and a cozy breakfast nook bathed in natural light. The spacious living room features a charming stone fireplace, creating a warm and inviting atmosphere.
A Spacious kitchen, complete with a convenient island and pantry for ample storage with a separate laundry room off the two-car garage.
Less than 1 year old solar panels make this the perfect green home. The electric bills are almost negligible.
Step outside to discover a fenced backyard oasis, complete with a covered patio, ideal for hosting memorable backyard barbecues and gatherings with loved ones.

Last Agent to Sell the Property

Alejo Rottenberg

GreyBeard Realty Brokerage Email: alejo@greybeardrealty.com License #280112 Listed on: 02/08/2024

Last Buyer's Agent

Billy Brede

Fathom Realty License #163230

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,870

Year Built

  • Built in 2003

Lot Details

  • 8,276

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Property is zoned Res., R-2
  • Heat Pump System

Community Details

  • Covington Crossing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9653-78-5591-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,870

Year Built

Built in 2003

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Special Assessment Description: none
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 237.33
  • Geocode Confidence: High
  • Attribution Contact: alejo@greybeardrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 935
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1256
  • Appliances: Dishwasher, Electric Oven, Electric Range, Exhaust Hood, Refrigerator
  • Above Grade Finished Sq Ft: 2191
  • Has Basement: Other
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2191
  • Bedroom Main: 0
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 460
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 120.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Parcel Number: 9653-78-5591-00000
  • Zoning: R-2
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res.

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 25, 2024
Sold by
Naquin Michael Paul and Ashley Olivia
Bought by
Martin Samuel Albert and Kilgore Martin Carla
Seller's Agent
Alejo Rottenberg
GreyBeard Realty
Buyer's Agent
Billy Brede
Fathom Realty
List Price
$549,900
Sold Price
$520,000
Premium/Discount to List
-$29,900
-5.44%
Total Days on Market
18
Views
70
Current Estimated Value
$520,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600
Avg. Annual Appreciation
0.10%
Original Mortgage
$150,000
Outstanding Balance
$148,367
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$372,233

Purchase Details

Listed on
Aug 3, 2021
Closed on
Nov 3, 2021
Sold by
Im Aesan and Im Duk Kwon
Bought by
Ortego Ashley Olivia and Naquin Michael Paul
Seller's Agent
Lucas Taylor
Keller Williams Professionals
Buyer's Agent
Alejo Rottenberg
GreyBeard Realty
List Price
$400,000
Sold Price
$391,000
Premium/Discount to List
-$9,000
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$405,076
Interest Rate
3.01%
Mortgage Type
VA

Purchase Details

Listed on
Jun 3, 2016
Closed on
Aug 31, 2016
Sold by
Montanez Michael and Montanez Jill Davis
Bought by
Kwon Im Aesan and Kwon Im Duk
Seller's Agent
Sandra Messer
Dwell Realty Group
Buyer's Agent
Candy Whitt
Candy Whitt Associates
List Price
$289,900
Sold Price
$268,000
Premium/Discount to List
-$21,900
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$227,800
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2012
Sold by
Witherspoon David L and Witherspoon Cheryl K
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 24, 2007
Sold by
Gourlay Robert C and Gourlay Laura A
Bought by
Whitherspoon David L and Witherspoon Cheryl K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 29, 2004
Sold by
Harrell & Associates Realtors Llc
Bought by
Gourlay Robert C and Gourlay Laura A

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
6.3%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Martin Samuel Albert $520,000 None Listed On Document
Ortego Ashley Olivia $391,000 None Available
Kwon Im Aesan $268,000 None Available
Federal National Mortgage Association $278,429 None Available
Whitherspoon David L $246,000 None Available
Gourlay Robert C $167,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Samuel Albert $150,000
Previous Owner Ortego Ashley Olivia $405,076
Previous Owner Kwon Im Aesan $227,800
Previous Owner Montanez Michael $204,081
Previous Owner Whitherspoon David L $246,000
Previous Owner Gourlay Robert Craig $60,000
Previous Owner Gourlay Robert C $41,200
Previous Owner Gourlay Robert C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $520,000 -1.7% $237 / Sq Ft
02/20/2024 02/20/24 Price Changed $529,000 -3.8% $241 / Sq Ft
02/08/2024 02/08/24 For Sale $549,900 +40.6% $251 / Sq Ft
11/16/2021 11/16/21 Sold $391,000 -2.2% $178 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $399,900 0.0% $183 / Sq Ft
08/03/2021 08/03/21 For Sale $400,000 +49.3% $183 / Sq Ft
08/31/2016 08/31/16 Sold $268,000 -7.6% $129 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $289,900 +45.0% $139 / Sq Ft
12/04/2012 12/04/12 Sold $200,000 0.0% $96 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
09/17/2012 09/17/12 For Sale $200,000 -- $96 / 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 $1,870 $303,700 $35,300 $268,400
2022 $1,780 $303,700 $0 $0
2021 $1,780 $303,700 $0 $0
2020 $1,743 $276,600 $0 $0
2019 $1,743 $276,600 $0 $0
2018 $1,743 $276,600 $0 $0
2017 $1,743 $214,800 $0 $0
2016 $1,493 $214,800 $0 $0
2015 $1,493 $214,800 $0 $0
2014 $1,493 $214,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4107333

Canopy MLS (Canopy Realtor® Association)

APN: 9653-78-5591-00000