NOT LISTED FOR SALE

23 Dividing Ridge Trail Unit 15 Arden, NC 28704

Estimated Value: $2,940,000 - $4,107,000

1.34 Acres
$2,428,410 Price per Acre
58,370 Sq Ft Lot

Last Sold July 24, 2013

Last sale price $145,000

Est. 2,144% increase in value since last sale

Current estimated payment $19,336/month

708 Days on Market

Highlights

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

About This Lot

As of July 2013

If you seek an excellent and safe value, this is your property. 1.3 acres of hardwoods and rhodos ease down to the stream below, providing private access to the miles of managed nature trails within The Cliffs at Walnut Cove. Follow the trails to the 18,000 sq ft wellness center or meander along your favorite hiking "loop." Positioned near the end of a cul de sac, this property provides great privacy and almost no traffic.

Last Agent to Sell the Property

Kyle Olinger

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #193234 Listed on: 07/20/2011

Last Buyer's Agent

Lee Swing

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #168189

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,829

Year Built

  • 2014

Lot Details

  • Home fronts a stream
  • Front Green Space
  • Corner Lot
  • Wooded Lot
  • Many Trees

Listing and Financial Details

  • Assessor Parcel Number 9633-18-7110-00000

Community Details

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$12,829

Year Built

2014

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.72864
  • Ratio Close Price By Original Li: 0.58233
  • Ratio Current Price By Acre: 108208.96
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2014

Utilities

  • Sewer: Septic Tank
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee: 1490.00

Schools

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

Lot Info

  • Lot Features: Corner Lot, Cul-de-sac Lot, Green Area, Stream/Creek, Trees, Natural Waterfall, Wooded
  • Lot Size Area: 1.340
  • Parcel Number: 9633-18-7110-00000
  • Zoning Specification: R-2
  • Plat Reference Section Pages: 3879

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Ballard and Michelle
Bought by
Berryhill Jeffrey S and Berryhill Shelley D
Total Days on Market
708
Current Estimated Value
$3,254,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,855,000
Outstanding Balance
$1,775,148
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$1,659,132

Purchase Details

Listed on
Jul 20, 2011
Closed on
Jul 20, 2013
Sold by
Rife Smith Edward and Smith Elizabeth Kate Mac Donald
Bought by
Ballard John and Ballard Michelle
Seller's Agent
Kyle Olinger
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Lee Swing
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$249,000
Sold Price
$145,000
Premium/Discount to List
-$104,000
-41.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.55%
Original Mortgage
$694,965
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 17, 2011
Sold by
Rainbow Connection Properties Llc
Bought by
Smith Edward Rife

Purchase Details

Closed on
Dec 16, 2004
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Rainbow Connection Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5%
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
Berryhill Jeffrey S $2,650,000 Phillip C Price Law Firm Pllc
Ballard John $145,000 None Available
Smith Edward Rife $359,000 None Available
Rainbow Connection Properties Llc $324,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berryhill Jeffrey S $250,000
Open Berryhill Jeffrey S $1,855,000
Previous Owner Ballard John $1,295,000
Previous Owner Ballard John $541,607
Previous Owner Ballard John $800,000
Previous Owner Balalrd John $100,000
Previous Owner Ballard John $750,000
Previous Owner Ballard John $694,965
Previous Owner Rainbow Connection Properties Llc $359,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2013 07/24/13 Sold $145,000 -41.8% --
06/27/2013 06/27/13 Pending -- -- --
07/20/2011 07/20/11 For Sale $249,000 -- --
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 $12,829 $1,750,400 $160,400 $1,590,000
2022 $10,257 $1,750,400 $0 $0
2021 $10,257 $1,750,400 $0 $0
2020 $9,475 $1,503,900 $0 $0
2019 $9,475 $1,503,900 $0 $0
2018 $9,475 $1,503,900 $0 $0
2017 $9,475 $1,338,300 $0 $0
2016 $9,301 $1,338,300 $0 $0
2015 $5,115 $736,000 $0 $0
2014 $929 $133,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM491653

Canopy MLS (Canopy Realtor® Association)

APN: 9633-18-7110-00000