NOT LISTED FOR SALE

18 Mountain Orchid Way Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $2,136,000 - $2,413,000

4 Beds
3.5 Baths
4,445 Sq Ft
$523/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $1,365,000 $307 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $13,170/month

5 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • T.C. Roberson High School Rated A
  • Gated Community
  • Pond

About This Home

As of February 2020

Located near Walnut Cove’s Wellness Center and hiking trails, this Glennwood built custom home is a gem! Distinctive architectural details, beautiful natural materials and a neutral palette create a timeless interior and pleasing environment for enjoying daily life and effortless entertaining. An open flowing floor plan features generously sized great room, dining room, study, gourmet kitchen and built-in bar area - however, you may spend most of your time on the covered pergola where you can enjoy being outdoors nearly year-round. Master bedroom suite has separate dressing area with two walk-in closets. Upstairs are two en suite bedrooms, a large den and a hobby or 4th bedroom. The thoughtfully designed rear entrance includes a mudroom and laundry with 2nd refrigerator, desk area and large storage closet. Ample storage in basement. Lush landscaping creates charming curb appeal and privacy and is a joy to view inside and out. No detail has been overlooked in this exquisite home!

Last Agent to Sell the Property

Liz Saylor

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #303278 Listed on: 01/02/2020

Co-Listed By

Jerry Bush

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #296768

Last Buyer's Agent

Renee Miller

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #285091

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 0.25

HOA Fees

Parking

  • Brick Driveway

Home Design

  • Stone Siding

Interior Spaces

  • Fireplace
  • Wood Flooring
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Pond
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 9633-09-5121-00000
  • Tax Block CP

Community Details

Overview

  • Carlton Property Services Association, Phone Number (864) 238-2557
  • Built by Glennwood

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Spa
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

HOA Fees

$223 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 0.94333
  • Ratio Close Price By Original Li: 0.94333
  • Ratio Current Price By Acre: 5460000.00
  • Ratio Current Price By Sq Ft: 307.09
  • Year Built: 2009
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 1515
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Dryer, Microwave, Natural Gas, Security System, Warming Drawer, Washer
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • H O A Management Phone: 864-238-2557
  • Interior Amenities: Kitchen Island, Pantry, Split BR Plan, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2930
  • Total Sq Ft: 4445
  • Sq Ft Unheated Basement: 552
  • Sq Ft Unheated Total: 552

Exterior Features

  • Construction: Hard Stucco, Stone
  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines

Garage/Parking

  • Driveway: Brick
  • Parking: Garage - 2 Car

Utilities

  • Heating: Multizone A/C
  • Sewer: County Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Hot Tub, Pond, Security, Tennis Court(s), Walking Trails
  • Association Fee: 1896.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Carlton Property Services
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 195.00
  • Association #2 Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.250
  • Parcel Number: 9633-09-5121-00000
  • Plat Book Slide: 0112
  • Plat Reference Section Pages: 0118
  • Zoning Specification: R-2

Building Info

  • Builder Name: Glennwood

Tax Info

  • Tax Value: 1186200.00
  • Tax Block: CP
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Feb 10, 2020
Sold by
Gass Charles T and Gass Kathleen D
Bought by
Hunt Laurel and Laurel Hunt Revocable Trust
Seller's Agent
Liz Saylor
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Renee Miller
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$1,447,000
Sold Price
$1,365,000
Premium/Discount to List
-$82,000
-5.67%
Total Days on Market
5
Current Estimated Value
$2,324,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$959,562
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Nov 30, 2009
Sold by
Gass Charles T and Gass Kathleen D
Bought by
Gass Charles T and Gass Kathleen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2008
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Gass Charles T and Gass Kathleen D
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
Hunt Laurel $1,365,000 None Available
Gass Charles T -- None Available
Gass Charles T $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gass Charles T $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $1,365,000 -5.7% $307 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $1,447,000 -- $326 / 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 $7,321 $1,189,300 $201,200 $988,100
2022 $6,969 $1,189,300 $0 $0
2021 $6,969 $1,189,300 $0 $0
2020 $7,473 $1,186,200 $0 $0
2019 $7,473 $1,186,200 $0 $0
2018 $7,473 $1,186,200 $0 $0
2017 $7,473 $950,000 $0 $0
2016 $6,603 $950,000 $0 $0
2015 $6,603 $950,000 $0 $0
2014 $6,603 $950,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3579981

Canopy MLS (Canopy Realtor® Association)

APN: 9633-09-5121-00000