NOT LISTED FOR SALE

1961 White Tree Trail Unit 210 Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $4,101,375 - $4,259,000

1.58 Acres
$2,645,689 Price per Acre
68,825 Sq Ft Lot

Last Sold December 04, 2019

Last sale price $440,000

Est. 850% increase in value since last sale

Current estimated payment $24,781/month

121 Days on Market

Highlights

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

About This Lot

As of December 2019

Walnut Cove's overwhelming popularity has manifested itself from the community's rare combination of setting (against Pisgah NF), convenience (all of Asheville spontaneously accessible), and luxury amenities. This truly unique home site gazes upon Walnut Cove's stunning 12th golf hole, while bordering a half million acres of national forest. Additional mountain views and southern exposure grace this generous and gentle apron of a lot. Though a very private site, club amenities are moments away.

Last Agent to Sell the Property

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 07/03/2019

Co-Listed By

Jerry Bush

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

Last Buyer's Agent

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 07/03/2019

Property Details

Property Type

  • Land

Year Built

  • 2020

Lot Details

HOA Fees

  • $155 Monthly HOA Fees

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 9624-55-9742-00000
  • Tax Block 02

Community Details

Overview

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

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Putting Green
  • Trails
  • Pond

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Year Built

2020

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.80734
  • Ratio Close Price By Original Li: 0.73346
  • Ratio Current Price By Acre: 278481.01
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None
  • Year Built (Public Record): 2020

Interior Features

  • Foundation Details: Basement Partially Finished
  • H O A Management Phone: 864-238-2557

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines

Utilities

  • Sewer: Septic Needed
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Hot Tub, Pond, Outdoor Pool, Putting Green, Security, Tennis Court(s), Walking Trails
  • Association Fee: 1855.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Carlton Property Services
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Golf Course View
  • Lot Size Area: 1.580
  • Parcel Number: 9624-55-9742-00000
  • Zoning Specification: R-2
  • Plat Book Slide: 0088
  • Plat Reference Section Pages: 0191

Tax Info

  • Tax Value: 675400.00
  • Tax Block: 02
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2021
Sold by
Greene Sean Jay and Greene Jodi Rose
Bought by
Greene Sean Jay and Greene Jodi Rose
Total Days on Market
121
Current Estimated Value
$4,180,188

Purchase Details

Closed on
Oct 19, 2020
Sold by
Pisgah Home Builders Llc
Bought by
Greene Sean Jay and Greene Jodi Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,970,080
Outstanding Balance
$1,767,681
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$2,412,507

Purchase Details

Listed on
Jul 3, 2019
Closed on
Dec 3, 2019
Sold by
Windaade Llc
Bought by
Pisgah Home Builders Llc
Seller's Agent
Josh Smith
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Josh Smith
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$599,900
Sold Price
$440,000
Premium/Discount to List
-$159,900
-26.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.58%

Purchase Details

Closed on
Mar 31, 2017
Sold by
Cp Investments Of Asheville Llc
Bought by
Central Penn Capital Management Llc

Purchase Details

Closed on
Mar 26, 2007
Sold by
Arden Investments Llc
Bought by
Coach Travel Adventures Llc and Travel Coach Adventures Llc

Purchase Details

Closed on
Aug 17, 2006
Sold by
Arden Investments Llc
Bought by
Travel Coach Adventures Llc

Purchase Details

Closed on
Sep 21, 2005
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Arden Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,362,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Greene Sean Jay -- None Available
Greene Sean Jay $2,814,500 None Available
Pisgah Home Builders Llc $440,000 None Available
Central Penn Capital Management Llc $400,000 None Available
Coach Travel Adventures Llc -- None Available
Travel Coach Adventures Llc $1,362,000 None Available
Arden Investments Llc $1,327,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Sean Jay $1,970,080
Previous Owner Arden Investments Llc $1,362,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2019 12/04/19 Sold $440,000 -19.3% --
11/01/2019 11/01/19 Pending -- -- --
09/20/2019 09/20/19 Price Changed $545,000 -9.2% --
07/03/2019 07/03/19 For Sale $599,900 -- --
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 $13,926 $2,200,500 $675,400 $1,525,100
2022 $3,958 $675,400 $0 $0
2021 $3,958 $675,400 $0 $0
2020 $4,255 $675,400 $0 $0
2019 $4,255 $675,400 $0 $0
2018 $4,255 $675,400 $0 $0
2017 $4,255 $668,700 $0 $0
2016 $4,647 $668,700 $0 $0
2015 $4,647 $668,700 $0 $0
2014 $4,647 $668,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3523959

Canopy MLS (Canopy Realtor® Association)

APN: 9624-55-9742-00000