NOT LISTED FOR SALE

173 Oak Terrace Arden, NC 28704

Estimated Value: $260,000 - $279,375

2 Beds
1 Bath
616 Sq Ft
$443/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $236,500 $384 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,560/month

5 Days on Market

Highlights

  • Cottage
  • Tile Flooring
  • Level Lot
  • Glen Arden Elementary School Rated A-

About This Home

As of November 2021

Adorable cottage located in Royal Pines! Short term rentals are allowed! This 2 bedroom cottage has such charm and a real coziness to it! The owner put a lot of love into the home! The cottage boasts an easy 10 ft vaulted ceiling in the living room that allows for the home to live so much bigger than it's actual square footage! There is custom tile in the bathroom and really gorgeous wood laminate floors throughout the living areas. There is a really nice 8x18 front deck to relax on and tons of yard space! The yard is very usable! Being sold "as is." Don't miss this one! Move in ready!!! Seller is asking for highest and best by Monday October 4, 5 pm!

Last Agent to Sell the Property

Phil Hurley

Nexus Realty LLC License #272562 Listed on: 09/29/2021

Last Buyer's Agent

Cathy Carter

Allen Tate/Beverly-Hanks Asheville-Downtown License #290337

Allen Tate/Beverly-Hanks Asheville-Downtown

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 9,583

Parking

  • Gravel Driveway

Home Design

  • Cottage

Flooring

  • Laminate
  • Tile

Additional Features

  • 1 Full Bathroom
  • Level Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9654-65-9796-00000

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.13158
  • Ratio Close Price By Original Li: 1.13158
  • Ratio Current Price By Acre: 1075000.00
  • Ratio Current Price By Sq Ft: 383.93
  • Year Built: 1949
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Electric Range, Refrigerator
  • Flooring: Laminate Wood, Tile
  • Interior Amenities: Cable Available
  • Laundry Location: Main, Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 616
  • Total Sq Ft: 616

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 2

Utilities

  • Heating: Gas Hot Air Furnace, No A/C
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Glen Arden/Koontz
  • Middle School: Cane Creek
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.220
  • Parcel Number: 9654-65-9796-00000
  • Plat Book Slide: 7
  • Plat Reference Section Pages: 83
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 146800.00
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 10, 2021
Sold by
Maria Greta
Bought by
Smith Tyler Steven Starkey
Seller's Agent
Phil Hurley
Nexus Realty LLC
Buyer's Agent
Cathy Carter
Allen Tate/Beverly-Hanks Asheville-Downtown
List Price
$209,000
Sold Price
$236,500
Premium/Discount to List
$27,500
13.16%
Total Days on Market
5
Current Estimated Value
$272,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,094
Avg. Annual Appreciation
3.74%
Original Mortgage
$236,500
Outstanding Balance
$219,403
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$52,279

Purchase Details

Listed on
Jan 16, 2015
Closed on
Apr 17, 2015
Sold by
Morgan Billy W
Bought by
Maria Greta
Buyer's Agent
Lisa Gurney
EXP Realty LLC
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$118,750
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2006
Sold by
Watford Dorinda and Melton Diana
Bought by
Morgan Billy Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 1, 2005
Sold by
Martin Cynthia G
Bought by
Watford Dorinda and Melton Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
5.71%
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
Smith Tyler Steven Starkey $236,500 None Available
Maria Greta $125,000 --
Greta Maria $125,000 --
Morgan Billy Warren $113,500 None Available
Watford Dorinda $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Tyler Steven Starkey $236,500
Previous Owner Maria Greta $118,750
Previous Owner Morgan Billy Warren $83,700
Previous Owner Morgan Billy Warren $38,200
Previous Owner Morgan Billy Warren $88,200
Previous Owner Morgan Billy Warren $25,000
Previous Owner Watford Dorinda $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $236,500 +13.2% $384 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $209,000 +67.2% $339 / Sq Ft
04/16/2015 04/16/15 Sold $125,000 0.0% $203 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $125,000 -- $203 / 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 $904 $146,800 $53,600 $93,200
2022 $860 $146,800 $0 $0
2021 $860 $146,800 $0 $0
2020 $705 $111,900 $0 $0
2019 $705 $111,900 $0 $0
2018 $705 $111,900 $0 $0
2017 $705 $77,200 $0 $0
2016 $537 $77,200 $0 $0
2015 $526 $75,700 $0 $0
2014 $616 $88,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3791178

Canopy MLS (Canopy Realtor® Association)

APN: 9654-65-9796-00000