NOT LISTED FOR SALE

31 Rain Lily Trail Unit 9 Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $5,272,669 - $5,926,000

0.69 Acre
$7,993,559 Price per Acre
30,056 Sq Ft Lot

Last Sold October 20, 2020

Last sale price $220,000

Est. 2,407% increase in value since last sale

Current estimated payment $32,766/month

176 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • T.C. Roberson High School Rated A
  • Gated Community
  • Pond

About This Lot

As of October 2020

Located In The Cliffs at Walnut Cove, this 0.69 acre lot is situated on a gently sloping knoll at the end of a cul-de-sac. The Cliffs at Walnut Cove is a gated golf and wellness community located 20 minutes from downtown Asheville.

Last Agent to Sell the Property

Dave Bailey

Walnut Cove Realty LLC License #274514 Listed on: 03/05/2020

Co-Listed By

Jerry Bush

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #296768

Last Buyer's Agent

Kevin Bondarenko

Premier Sotheby’s International Realty License #316841

Premier Sotheby’s International Realty

Property Details

Property Type

  • Land

Year Built

  • 2021

Lot Details

  • Level Lot
  • Wooded Lot

HOA Fees

  • $158 Monthly HOA Fees

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 9624-74-5147-00000
  • Tax Block 07

Community Details

Overview

  • Carlton Property Services Association, Phone Number (864) 238-2557

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Putting Green
  • Trails
  • Pond

Security

  • Gated Community

Property Details

Property Type

Land

Year Built

2021

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.88176
  • Ratio Close Price By Original Li: 0.88176
  • Ratio Current Price By Acre: 318840.58
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None
  • Year Built (Public Record): 2021

Interior Features

  • Foundation Details: Concrete
  • H O A Management Phone: 864-238-2557

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines

Utilities

  • Sewer: Septic Needed
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Hot Tub, Indoor Pool, Outdoor Pool, Pond, Putting Green, Recreation Area, Sauna, Security, Tennis Court(s), Walking Trails
  • Association Fee: 1896.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Carlton Property Services
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Avery's Creek/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Cul-de-sac Lot, Level, Wooded
  • Lot Size Area: 0.690
  • Parcel Number: 9624-74-5147-00000
  • Zoning Specification: R-2
  • Plat Book Slide: 0110
  • Plat Reference Section Pages: 0122

Tax Info

  • Tax Value: 393600.00
  • Tax Amount Ncm: 1791.00
  • Tax Block: 07
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Oct 14, 2020
Sold by
Sangimino Paul and Sangimino Martina
Bought by
Big Hills Construction Llc
Seller's Agent
Dave Bailey
Walnut Cove Realty LLC
Buyer's Agent
Kevin Bondarenko
Premier Sotheby’s International Realty
List Price
$249,500
Sold Price
$220,000
Premium/Discount to List
-$29,500
-11.82%
Total Days on Market
176
Current Estimated Value
$5,515,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,295,556
Avg. Annual Appreciation
100.92%

Purchase Details

Closed on
Feb 15, 2008
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Saugimino Paul and Sangimino Martina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Big Hills Construction Llc $220,000 None Available
Saugimino Paul $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saugimino Paul $301,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $220,000 -11.8% --
08/28/2020 08/28/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $249,500 -- --
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 $19,758 $1,253,000 $219,300 $1,033,700
2022 $1,285 $219,300 $0 $0
2021 $1,285 $219,300 $0 $0
2020 $2,480 $393,600 $0 $0
2019 $2,480 $393,600 $0 $0
2018 $2,480 $393,600 $0 $0
2017 $0 $257,700 $0 $0
2016 $1,791 $257,700 $0 $0
2015 $1,791 $257,700 $0 $0
2014 $1,791 $257,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3599327

Canopy MLS (Canopy Realtor® Association)

APN: 9624-74-5147-00000