NOT LISTED FOR SALE

159 Chestnut Place Arden, NC 28704

Estimated Value: $351,670 - $404,000

3 Beds
2 Baths
1,029 Sq Ft
$365/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $274,900 $267 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,083/month

17 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Bungalow
  • Glen Arden Elementary School Rated A-
  • Walk-In Closet
  • Shed

About This Home

As of March 2021

SO much has been improved and updated on this charming Mid-Century Modern home in the wonderful subdivision of Royal Pines. The Master Bedroom was gutted, both bathrooms - gutted, the wood floors - refinished, the roof -mostly new, the kitchen - gutted, a new fireplace, new supply and sewer pipe from house to street, new driveway, new drywall, new paint inside and out, two new high efficiency HVAC mini-split systems, and a new water heater! In other words, there isn't much that hasn't been re-done in this home, including a radon mitigation system. ALL improvements have been done to code, including plumbing and electrical. Furnishings negotiable. See attached for full list of improvements.

Last Agent to Sell the Property

Lyn Donley

RE/MAX Executive License #227826 Listed on: 01/10/2021

RE/MAX Executive

Co-Listed By

Marlyn Dickinson

RE/MAX Executive License #240698

Last Buyer's Agent

Phil Rymes

Howard Hanna Beverly-Hanks Asheville-North License #258645

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 6,534

Home Design

  • Bungalow
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Ductless Heating Or Cooling System
  • Cable TV Available

Additional Features

  • Shed
  • Many Trees

Listing and Financial Details

  • Assessor Parcel Number 9654-65-6889-00000
  • Tax Block 267

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.96456
  • Ratio Current Price By Acre: 1832666.67
  • Ratio Current Price By Sq Ft: 267.15
  • Year Built: 1963
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Crawl Space, Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Electric Range, g-Energy Star® Dishwasher, g-Energy Star® Refrigerator, Microwave, Radon Mitigation System, Refrigerator, Self Cleaning Oven
  • Fireplace Description: Fireplace Insert, Gas Logs, Gas Unvented, Living Room, Propane
  • Fireplace: Yes
  • Fixture Exception Description: Art Work, Plastic Shed
  • Fixture Exception Yn: Yes
  • Flooring: Laminate Wood, Wood
  • Interior Amenities: Cable Available, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Lower
  • Room Count: 2
  • Main Level Sq Ft: 1029
  • Total Sq Ft: 1029

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Keypad Entry, Parking Space - 4+

Utilities

  • Heating: Ductless/Mini-Split System
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Sloping, Trees
  • Parcel Number: 9654-65-6889-00000
  • Plat Book Slide: 1959
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 126200.00
  • Tax Block: 267
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2021
Closed on
Mar 11, 2021
Sold by
Riechers Carl Leo and Riechers Cheryl Frager
Bought by
Lilmeg Properties Llc
Seller's Agent
Lyn Donley
RE/MAX Executive
Buyer's Agent
Phil Rymes
Howard Hanna Beverly-Hanks Asheville-North
List Price
$285,000
Sold Price
$274,900
Premium/Discount to List
-$10,100
-3.54%
Current Estimated Value
$375,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,018
Avg. Annual Appreciation
6.62%
Original Mortgage
$100,000
Outstanding Balance
$89,643
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$286,275

Purchase Details

Closed on
Jul 31, 2017
Sold by
C M S Real Estate Llc
Bought by
Riechers Cark Leo and Riechers Cheryl Frager Bewley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 1997
Sold by
Spruill Halford M
Bought by
C M S Real Estate Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Lilmeg Properties Llc $275,000 None Available
Riechers Cark Leo $130,000 None Available
C M S Real Estate Llc $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lilmeg Properties Llc $100,000
Previous Owner Riechers Cark Leo $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2021 03/12/21 Sold $274,900 0.0% $267 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/19/2021 01/19/21 Price Changed $274,900 -3.5% $267 / Sq Ft
01/10/2021 01/10/21 For Sale $285,000 +119.2% $277 / Sq Ft
10/16/2017 10/16/17 Sold $130,000 +0.1% $113 / Sq Ft View Prior Sale
08/25/2017 08/25/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $129,900 -- $113 / 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 $1,544 $250,900 $50,900 $200,000
2024 $1,544 $249,800 $50,900 $198,900
2023 $1,544 $249,800 $50,900 $198,900
2022 $1,464 $249,800 $0 $0
2021 $957 $163,300 $0 $0
2020 $795 $126,200 $0 $0
2019 $795 $126,200 $0 $0
2018 $795 $126,200 $0 $0
2017 $795 $112,800 $0 $0
2016 $784 $112,800 $0 $0
2015 $784 $112,800 $0 $0
2014 $784 $112,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3696933

Canopy MLS (Canopy Realtor® Association)

APN: 9654-65-6889-00000