NOT LISTED FOR SALE

31 Olde Covington Way Arden, NC 28704

Estimated Value: $423,000 - $465,000

3 Beds
2.5 Baths
1,718 Sq Ft
$261/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $355,000 $207 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,528/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Breakfast Bar
  • Glen Arden Elementary School Rated A-
  • Walk-In Closet
  • Many Trees

About This Home

As of May 2021

Accepting Back Up Offers! Charming 3BR/2.5BA home in desired South neighborhood. Features include hardwood floors, gas fireplace, sunroom w/skylight, sun tube in master bath, master on the main, walk-in closets in all bedrooms, sunroom access from master & living room, double car garage. Wonderful fenced yard, great school district, close to south amenities like Biltmore Park & airport.

Last Agent to Sell the Property

Kim Mannine

Southern Homes of the Carolinas, Inc License #270341 Listed on: 04/20/2021

Last Buyer's Agent

Diane Simmons

EXP Realty LLC License #240460

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Level Lot
  • Many Trees

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows

Kitchen

  • Breakfast Bar
  • Oven

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 9653-78-5152-00000

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: Traditional
  • Ratio Close Price By List Price: 1.05970
  • Ratio Close Price By Original Li: 1.05970
  • Ratio Current Price By Acre: 1868421.05
  • Ratio Current Price By Sq Ft: 206.64
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 859
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Central Vacuum, Dishwasher, Disposal, Electric Dryer Hookup, Microwave, Oven, Refrigerator
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Wood
  • Interior Amenities: Breakfast Bar, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 859
  • Total Sq Ft: 1718

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 120.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Level, Paved Frontage, Trees
  • Lot Size Area: 0.190
  • Parcel Number: 9653-78-5152-00000
  • Plat Book Slide: 86/15
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 238000.00
  • Tax Location: Skyland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
May 17, 2021
Sold by
Forbes Christopher B and Forbes Christopher B
Bought by
Davis Sherry
Seller's Agent
Kim Mannine
Southern Homes of the Carolinas, Inc
Buyer's Agent
Diane Simmons
EXP Realty LLC
List Price
$335,000
Sold Price
$355,000
Premium/Discount to List
$20,000
5.97%
Current Estimated Value
$448,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,761
Avg. Annual Appreciation
5.52%
Original Mortgage
$230,000
Outstanding Balance
$208,437
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$240,324

Purchase Details

Listed on
Sep 9, 2014
Closed on
Dec 5, 2014
Sold by
Stone Haven Farms Estates Llc
Bought by
Forbes Geoffrey
Seller's Agent
Darcy Varney
Howard Hanna Beverly-Hanks Asheville-Downtown
Buyer's Agent
Kim Mannine
Southern Homes of the Carolinas, Inc
List Price
$225,000
Sold Price
$217,000
Premium/Discount to List
-$8,000
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%

Purchase Details

Listed on
Jun 3, 2013
Closed on
Aug 2, 2013
Sold by
Whiteman Janice M
Bought by
Morgan Family Holdings Llc
Seller's Agent
Ann Skoglund
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Darcy Varney
Howard Hanna Beverly-Hanks Asheville-Downtown
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%

Purchase Details

Closed on
Jul 11, 2003
Sold by
Covington Crossing Llc
Bought by
Whiteman Janice M
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
Davis Sherry $355,000 None Available
Forbes Geoffrey $217,000 None Available
Morgan Family Holdings Llc $200,000 None Available
Whiteman Janice M $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Sherry $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $355,000 +6.0% $207 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $335,000 +54.4% $195 / Sq Ft
12/05/2014 12/05/14 Sold $217,000 -3.6% $126 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $225,000 +12.5% $131 / Sq Ft
08/02/2013 08/02/13 Sold $200,000 -2.4% $120 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $205,000 -- $123 / 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
2025 $1,670 $271,300 $35,300 $236,000
2024 $1,670 $271,300 $35,300 $236,000
2023 $1,670 $277,700 $35,300 $242,400
2022 $1,627 $277,700 $35,300 $242,400
2021 $1,530 $261,100 $0 $0
2020 $1,499 $238,000 $0 $0
2019 $1,499 $238,000 $0 $0
2018 $1,499 $238,000 $0 $0
2017 $0 $207,300 $0 $0
2016 $1,441 $207,300 $0 $0
2015 $1,441 $207,300 $0 $0
2014 $1,441 $207,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3705352

Canopy MLS (Canopy Realtor® Association)

APN: 9653-78-5152-00000