NOT LISTED FOR SALE

1985 White Tree Trail Unit 212 Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $3,232,000 - $4,140,000

1.39 Acres
$2,711,550 Price per Acre
60,548 Sq Ft Lot

Last Sold June 29, 2017

Last sale price $375,000

Est. 905% increase in value since last sale

Current estimated payment $22,353/month

680 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Wooded Lot
  • T.C. Roberson High School Rated A
  • Private Lot
  • Front Green Space

About This Lot

As of June 2017

Fabulous, private, Golf Course lot in The Cliffs at Walnut Cove. Very easy, gentle, build site on over an acre. Fronted by the Pisgah National Forrest with views over the 12th hole on Jack Nicklaus's signature golf course. Short drive to club village, dining facilities, 18,000 square foot wellness center, and over seven miles of hiking trails.

Last Agent to Sell the Property

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 07/07/2015

Last Buyer's Agent

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 07/07/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,673

Lot Details

  • Front Green Space
  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $140 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9624-65-3595-00000
  • Tax Block 2

Community Details

Recreation

  • Golf Course Community

Additional Features

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$12,673

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.90361
  • Ratio Close Price By Original Li: 0.52448
  • Ratio Current Price By Acre: 269784.17
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Septic Tank
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee: 1675.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

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

Lot Info

  • Lot Features: Adjoins Nat/State Forest, Green Area, Mountain View, On Golf Course, Private, Trees, Natural Waterfall, Wooded
  • Lot Size Area: 1.390
  • Parcel Number: 9624-65-3595-00000
  • Zoning: Residential
  • Zoning Specification: R-2
  • Plat Reference Section Pages: 5095

Tax Info

  • Tax Block: 2
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2024
Sold by
Maleckar Tod G and Maleckar Diana J
Bought by
Diana J Maleckar Trust and Maleckar
Total Days on Market
680
Current Estimated Value
$3,769,055

Purchase Details

Closed on
Nov 19, 2019
Sold by
Pisgah Home Builders Llc
Bought by
Maleckar Tod G and Maleckar Diana J

Purchase Details

Closed on
Oct 2, 2019
Sold by
Walnut Valley Llc
Bought by
Pisgah Home Builders Llc

Purchase Details

Closed on
May 7, 2019
Sold by
Stafford James R and Stafford Jennifer C
Bought by
Walnut Valley Llc

Purchase Details

Listed on
Jul 7, 2015
Closed on
Jun 27, 2017
Sold by
Entegra Bank
Bought by
Stafford James R and Stafford Jennifer C
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
$715,000
Sold Price
$375,000
Premium/Discount to List
-$340,000
-47.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.73%

Purchase Details

Closed on
May 30, 2008
Sold by
Blue Ridge Savings Bank Inc
Bought by
The Cliffs At Walnut Cove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.02%
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
Diana J Maleckar Trust -- None Listed On Document
Maleckar Tod G $2,600,000 None Available
Pisgah Home Builders Llc -- None Available
Walnut Valley Llc $418,000 None Available
Stafford James R $375,000 None Available
The Cliffs At Walnut Cove Llc $1,210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Cliffs At Walnut Cove Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $375,000 -47.6% --
05/17/2017 05/17/17 Pending -- -- --
07/07/2015 07/07/15 For Sale $715,000 -- --
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 $12,673 $2,058,700 $469,700 $1,589,000
2022 $12,064 $2,058,700 $0 $0
2021 $8,339 $1,423,100 $0 $0
2020 $4,852 $770,100 $0 $0
2019 $3,949 $626,900 $0 $0
2018 $3,949 $626,900 $0 $0
2017 $3,949 $620,700 $0 $0
2016 $4,314 $620,700 $0 $0
2015 $4,314 $620,700 $0 $0
2014 $4,314 $620,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM588869

Canopy MLS (Canopy Realtor® Association)

APN: 9624-65-3595-00000