NOT LISTED FOR SALE

301 Olde Covington Way Arden, NC 28704

Estimated Value: $257,000 - $275,000

2 Beds
2 Baths
1,170 Sq Ft
$172/mo HOA Fee

Last Sold September 06, 2023

Last sale price $260,000 $222 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,736/month

1 Day on Market

Highlights

  • Lawn
  • Covered patio or porch
  • Walk-In Closet
  • Glen Arden Elementary School Rated A-
  • Fireplace
  • Tile Flooring

About This Home

As of September 2023

Remarkable ground floor unit in sought after Covington Crossing community, situated in desirable South Asheville. This exceptional residence offer two bedrooms and two baths providing a comfortable open living space. As you step inside, you will appreciate the end unit's natural light and sense of privacy. The well designed floor plan showcases a spacious living area that seamlessly connects to the dining area creating an inviting atmosphere for relaxation and entertaining. The primary bedroom is a tranquil retreat, boasting generous layout and amply closet space. The second bedroom offers versatility, serving as a guest room, home office or den depending on your needs. This ground floor unit further enhances convenience with its direct access to the outdoor patio space located in both the front and back of the condo. The cypress trees located on the back patio offer privacy.

Last Agent to Sell the Property

Nick Iannucci

Allen Tate/Beverly-Hanks Fletcher Brokerage Email: nick.iannucci@allentate.com License #322133 Listed on: 07/21/2023

Allen Tate/Beverly-Hanks Fletcher

Last Buyer's Agent

Jessica Auge

Likewise Commercial Real Estate License #288191

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $879

Year Built

  • Built in 2002

Lot Details

  • 0.5

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Fireplace

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Lawn

Community Details

  • Covington Crossing Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9653-77-8695-CC301

Property Details

Home Type

Condominium

Est. Annual Taxes

$879

Year Built

Built in 2002

Lot Details

0

HOA Fees

$172 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2002
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 222.22
  • Geocode Confidence: High
  • Attribution Contact: nick.iannucci@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1170
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1170
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Living Area: 1170
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 161
  • Association Fee Frequency: Monthly
  • Association #2 Fee: 135
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2067.00

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: Required

Lot Info

  • Parcel Number: 9653-77-8695-CC301
  • Land Included Yn: 0
  • Zoning Specification: R-2

Rental Info

  • Pets Allowed: Conditional

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Sep 6, 2023
Sold by
Chew Donald Benton and Chew Carol Dean
Bought by
Olde Covington Properties Llc
Seller's Agent
Nick Iannucci
Allen Tate/Beverly-Hanks Fletcher
Buyer's Agent
Jessica Auge
Likewise Commercial Real Estate
List Price
$260,000
Sold Price
$260,000
Total Days on Market
1
Views
45
Current Estimated Value
$266,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,384
Avg. Annual Appreciation
1.15%

Purchase Details

Closed on
Jul 11, 2008
Sold by
Breines Dann Francis and Breines Dann Elizabeth
Bought by
Chew Donald Benton and Chew Carol Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,950
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Toelcke Aleah M and Toelcke Shawn K
Bought by
Breines Elizabeth and Dann Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2002
Sold by
Covington Crossing Llc
Bought by
Toelcke Shawn K and Toelcke Aleah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,900
Interest Rate
5.37%
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
Olde Covington Properties Llc -- None Listed On Document
Chew Donald Benton $125,500 None Available
Breines Elizabeth $108,000 --
Toelcke Shawn K $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chew Donald Benton $112,950
Previous Owner Dann Elizabeth $6,000
Previous Owner Breines Elizabeth $98,000
Previous Owner Toelcke Shawn Karl $15,000
Previous Owner Toelcke Shawn K $64,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $260,000 0.0% $222 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $260,000 -- $222 / 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 $879 $147,500 $0 $147,500
2022 $864 $147,500 $0 $0
2021 $864 $147,500 $0 $0
2020 $805 $127,700 $0 $0
2019 $805 $127,700 $0 $0
2018 $805 $127,700 $0 $0
2017 $805 $114,600 $0 $0
2016 $796 $0 $0 $0
2015 $796 $114,600 $0 $0
2014 $796 $114,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4050752

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8695-CC301