NOT LISTED FOR SALE

23 Olde Covington Way Arden, NC 28704

Estimated Value: $428,000 - $496,000

3 Beds
2.5 Baths
1,904 Sq Ft
$243/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $265,000 $139 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,740/month

27 Days on Market

Highlights

  • Arts and Crafts Architecture
  • Attached Garage
  • Vinyl Flooring
  • Glen Arden Elementary School Rated A-
  • Level Lot
  • Gas Log Fireplace

About This Home

As of August 2017

Great location! This 3 bedroom 2.5 bath home is minutes to desirable schools, shopping & dining in south Asheville. Well-maintained home shows well; mature landscaping & easy maintenance exterior. Wonderful fenced yard for pets, gas fireplace and bonus room for workouts, office or quest room.

Last Agent to Sell the Property

D'Ann Ford

Premier Sotheby’s International Realty License #238770 Listed on: 06/23/2017

Premier Sotheby’s International Realty

Last Buyer's Agent

Steve Dozier

Allen Tate/Beverly-Hanks Hendersonville License #197846

Allen Tate/Beverly-Hanks Hendersonville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 8,276

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Vinyl Flooring

Additional Features

  • Level Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 9653-78-5277
  • Tax Block 0015

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98148
  • Ratio Close Price By Original Li: 0.98148
  • Ratio Current Price By Acre: 1394736.84
  • Ratio Current Price By Sq Ft: 139.18
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1171
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Electric Range, Microwave, Natural Gas, Electric Oven
  • Fireplace Description: Gas Logs, Gas Unvented, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 733
  • Total Sq Ft: 1904

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas, Natural Gas

Condo/Co-op/Association

  • Association Fee: 115.00
  • Association Fee Frequency: Annually

Schools

  • Elementary School: Glen Arden/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.190
  • Parcel Number: 9653-78-5277
  • Plat Book Slide: 0086
  • Plat Reference Section Pages: 1854
  • Zoning: SFR
  • Zoning Specification: Resident

Tax Info

  • Tax Value: 218600.00
  • Tax Amount Ncm: 1218.00
  • Tax Block: 0015
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Aug 16, 2017
Sold by
Cartus Financial Corp
Bought by
Zheng Ting
Seller's Agent
D'Ann Ford
Premier Sotheby’s International Realty
Buyer's Agent
Steve Dozier
Allen Tate/Beverly-Hanks Hendersonville
List Price
$270,000
Sold Price
$265,000
Premium/Discount to List
-$5,000
-1.85%
Total Days on Market
27
Current Estimated Value
$461,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,784
Avg. Annual Appreciation
7.46%
Original Mortgage
$158,000
Outstanding Balance
$132,227
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$331,222

Purchase Details

Closed on
Jun 7, 2017
Sold by
Sams Nayoon Chang
Bought by
Cartus Financial Corporation

Purchase Details

Listed on
Apr 1, 2013
Closed on
Apr 26, 2013
Sold by
Garity Timothy S and Garity Amanda M
Bought by
Sams Nayoon Chang
Seller's Agent
Elena Peters
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Laura Peek
Gasperson-Peek Realty
List Price
$214,900
Sold Price
$211,000
Premium/Discount to List
-$3,900
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$215,306
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2011
Sold by
Phillips Y L and Phillips Young Lee
Bought by
Garity Timothy S and Garity Amanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,437
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2003
Sold by
Covington Crossing Llc
Bought by
Phillips Y L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
6.33%
Mortgage Type
Unknown
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
Zheng Ting $265,000 None Available
Cartus Financial Corporation $265,000 None Available
Sams Nayoon Chang $211,000 None Available
Garity Timothy S $180,000 None Available
Phillips Y L $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Ting $158,000
Previous Owner Sams Nayoon Chang $215,306
Previous Owner Garity Timothy S $167,200
Previous Owner Garity Timothy S $175,437
Previous Owner Phillips Y L $80,100
Previous Owner Covington Crossing Llc $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $265,000 -1.9% $139 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $270,000 +28.0% $142 / Sq Ft
06/07/2013 06/07/13 Sold $211,000 -1.8% $111 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $214,900 -- $113 / 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 $1,639 $266,200 $35,300 $230,900
2022 $1,560 $266,200 $0 $0
2021 $1,560 $266,200 $0 $0
2020 $1,538 $244,200 $0 $0
2019 $1,538 $244,200 $0 $0
2018 $1,538 $244,200 $0 $0
2017 $1,377 $175,200 $0 $0
2016 $1,218 $175,200 $0 $0
2015 $1,218 $175,200 $0 $0
2014 $1,218 $175,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3289852

Canopy MLS (Canopy Realtor® Association)

APN: 9653-78-5277-00000