NOT LISTED FOR SALE

306 Olde Covington Way Unit C306 Arden, NC 28704

Estimated Value: $251,538 - $271,000

2 Beds
2 Baths
1,170 Sq Ft
2002 Built

Last Sold October 08, 2015

Last sale price $109,500 $94 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,465/month

136 Days on Market

Highlights

  • Open Floorplan
  • Fireplace
  • Vinyl Flooring
  • Glen Arden Elementary School Rated A-

About This Home

As of October 2015

Desirable 2nd floor condo in the popular Covington Crossing. Open floorplan with a spacious master bedroom. Quiet location and great area just minutes from Asheville and Hendersonville.Convenient to shopping and restaurants.

Last Agent to Sell the Property

Rowena Patton

EXP Realty LLC License #251544 Listed on: 05/11/2015

EXP Realty LLC

Last Buyer's Agent

Ron Rosenblum

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $917

Year Built

  • Built in 2002

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Fireplace
  • Vinyl Flooring

Listing and Financial Details

  • Assessor Parcel Number 9653-77-8695-CC306

Property Details

Home Type

Condominium

Est. Annual Taxes

$917

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.94397
  • Ratio Close Price By Original Li: 0.88664
  • Ratio Current Price By Sq Ft: 93.59
  • Unit Floor Level: 2
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Dryer, Exhaust Hood, Refrigerator, Washer
  • Fireplace Description: Gas Unvented
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Open Floorplan, Pantry
  • Room Count: 2
  • Main Level Sq Ft: 1170
  • Total Sq Ft: 1170

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Association Fee: 112.00

Schools

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

Lot Info

  • Parcel Number: 9653-77-8695-CC306
  • Plat Reference Section Pages: 4351
  • Zoning Specification: R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Sep 16, 2015
Sold by
Johnson Rachel E Day and Johnson Brandon A
Bought by
Jones William Frank
Seller's Agent
Rowena Patton
EXP Realty LLC
Buyer's Agent
Ron Rosenblum
EXP Realty LLC
List Price
$123,500
Sold Price
$109,500
Premium/Discount to List
-$14,000
-11.34%
Total Days on Market
136
Current Estimated Value
$261,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,135
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Jan 22, 2007
Sold by
Peltier Sara K and Peltier John
Bought by
Day Rachel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Scheiderich Robert F and Scheiderich Mary F
Bought by
Peltier John and Peltier Sara K
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
Jones William Frank $109,500 None Available
Day Rachel E $115,000 None Available
Peltier John $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Day Rachel E $92,000
Previous Owner Day Rachel E $23,000
Previous Owner Scheiderich Robert F $83,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2015 10/08/15 Sold $109,500 -11.3% $94 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $123,500 -- $106 / 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 $917 $149,000 $0 $149,000
2022 $873 $149,000 $0 $0
2021 $873 $149,000 $0 $0
2020 $813 $129,100 $0 $0
2019 $813 $129,100 $0 $0
2018 $813 $129,100 $0 $0
2017 $813 $116,000 $0 $0
2016 $806 $0 $0 $0
2015 $806 $116,000 $0 $0
2014 $806 $116,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM584102

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8695-CC306