$132,500
SOLD MAR 27, 2018

303 Olde Covington Way Unit C303 Arden, NC 28704

2 Beds
2 Baths
1,170 Sq Ft
$135/mo HOA Fee

Recently Sold

$113 Per Sq Ft

2% Below List Price

41 Days on Market

About This Home

As of August 2020

Rare opportunity for 2 bedroom 2 bath condominium in Covington Crossing in Arden on main level. Near Asheville airport, shopping, healthcare facilities, entertainment, and community activities. Open living and dining area with split bedroom plan. Large galley Kitchen with laundry area. Condo has nice gas log fireplace and sliding glass doors that lead to a concrete patio area. Relax as the HOA takes care of all exterior ground and building maintenance. This 1170 square foot living space is ideal for first time home buyer or second home. Could also be a possible purchase for rental income investment. Covington Crossing is only 10 minutes from Asheville Airport, WNC Ag Center, and halfway between Asheville and Hendersonville. Ideal for those who like to be close to everything but far enough away to enjoy a North Carolina night sky.

Last Agent to Sell the Property

Rob Hays

Southern Trust Estate and Auction Company License #187473 Listed on: 12/21/2017

Last Buyer's Agent

Michele Gould

Keller Williams Mtn Partners, LLC License #289954

Keller Williams Mtn Partners, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 9653778695cc303

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.98221
  • Ratio Close Price By Original Li: 0.98221
  • Ratio Current Price By Sq Ft: 113.25
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Dishwasher, Dryer, Refrigerator, Washer
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1170
  • Total Sq Ft: 1170

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Heat Pump - AC
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 135.00
  • Association Fee Frequency: Monthly
  • Complex Name: Covington Crossing
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Parcel Number: 9653778695cc303
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 127700.00
  • Tax Amount Ncm: 127700.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 24, 2020
Sold by
Edwards Scott
Bought by
Adams Bryan
Seller's Agent
Michele Gould
Keller Williams Mtn Partners, LLC
Buyer's Agent
Sarah Bustami
Fathom Realty NC LLC
List Price
$157,500
Sold Price
$159,000
Premium/Discount to List
$1,500
0.95%
Total Days on Market
41
Current Estimated Value
$255,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,431
Avg. Annual Appreciation
11.32%
Original Mortgage
$154,230
Outstanding Balance
$138,646
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$126,522

Purchase Details

Listed on
Dec 21, 2017
Closed on
Mar 27, 2018
Sold by
Miller Ball Brenda
Bought by
Edwards Scott
Seller's Agent
Rob Hays
Southern Trust Estate and Auction Company
Buyer's Agent
Michele Gould
Keller Williams Mtn Partners, LLC
List Price
$134,900
Sold Price
$132,500
Premium/Discount to List
-$2,400
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$132,500
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 15, 2013
Sold by
Securities Acquisition & Servicing Llc
Bought by
Ball Brenda Miller

Purchase Details

Closed on
Feb 24, 2003
Sold by
Covington Crossing Llc
Bought by
Floyd D Bart and Floyd Dennis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.93%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $159,000 None Available
Warranty Deed $132,500 None Available
Warranty Deed $74,000 None Available
Warranty Deed $87,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,230 New Conventional
Previous Owner $132,500 Adjustable Rate Mortgage/ARM
Previous Owner $36,419 Unknown
Previous Owner $65,800 Credit Line Revolving
Previous Owner $19,500 Credit Line Revolving
Previous Owner $67,500 No Value Available
Closed $10,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $159,000 +1.0% $136 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $157,500 +18.9% $135 / Sq Ft
03/27/2018 03/27/18 Sold $132,500 -1.8% $113 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
12/21/2017 12/21/17 For Sale $134,900 -- $115 / 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 $908 $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 $402 $114,600 $0 $0
2016 $398 $0 $0 $0
2015 -- $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: CAR3347056

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8695-CC303