NOT LISTED FOR SALE

351 Walnut Valley Pkwy Unit Lot 222 Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $3,917,000 - $5,462,000

1.17 Acres
$3,896,315 Price per Acre
50,965 Sq Ft Lot

Last Sold September 02, 2020

Last sale price $470,000

Est. 870% increase in value since last sale

Current estimated payment $25,406/month

887 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Many Trees
  • T.C. Roberson High School Rated A
  • Front Green Space

About This Lot

As of September 2020

Beautiful and convenient, over one acre, Cliffs at Walnut Cove home site. Enjoy summer and winter views of the Jack Nicklaus Signature golf course and close proximity to the Club Village, Golf House, Tavern Restaurant and Bar.

Last Agent to Sell the Property

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 02/21/2018

Co-Listed By

Jerry Bush

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

Last Buyer's Agent

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 02/21/2018

Property Details

Property Type

  • Land

Lot Details

  • Front Green Space
  • Many Trees

HOA Fees

  • $158 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9624-64-1343-00000
  • Tax Block Section 2

Community Details

Overview

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

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

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: 0.94949
  • Ratio Close Price By Original Li: 0.81739
  • Ratio Current Price By Acre: 401709.40
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 864-238-2557

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: Septic Tank
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • 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: Green Area, Mountain View, On Golf Course, Trees, Winter View, Year Round View
  • Lot Size Area: 1.170
  • Parcel Number: 9624-64-1343-00000
  • Zoning Specification: R-2
  • Plat Book Slide: 0094 / 0049
  • Plat Reference Section Pages: 3929

Tax Info

  • Tax Value: 567100.00
  • Tax Block: Section 2
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Pisgah Home Builders
Bought by
Affeldt John T and Affeldt Kathleen J
Current Estimated Value
$4,558,688

Purchase Details

Listed on
Feb 21, 2018
Closed on
Aug 27, 2020
Sold by
Black Benjamin Keith and Black Susan T
Bought by
Pisgah Home Builders Llc
Seller's Agent
Josh Smith
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Josh Smith
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$575,000
Sold Price
$470,000
Premium/Discount to List
-$105,000
-18.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.54%

Purchase Details

Closed on
Feb 21, 2005
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Black Benjamin Keith and Black Susan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
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
Affeldt John T $2,825,000 None Available
Pisgah Home Builders Llc $470,000 None Available
Black Benjamin Keith $819,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Black Benjamin Keith $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2020 09/02/20 Sold $470,000 -5.1% --
07/27/2020 07/27/20 Pending -- -- --
06/28/2018 06/28/18 Price Changed $495,000 -13.9% --
02/21/2018 02/21/18 For Sale $575,000 -- --
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 $11,797 $1,916,300 $458,700 $1,457,600
2024 $11,797 $1,916,300 $458,700 $1,457,600
2023 $11,797 $1,916,300 $458,700 $1,457,600
2022 $6,931 $1,182,800 $458,700 $724,100
2021 $2,688 $458,700 $0 $0
2020 $3,573 $567,100 $0 $0
2019 $3,573 $567,100 $0 $0
2018 $3,573 $567,100 $0 $0
2017 $3,573 $561,500 $0 $0
2016 $3,902 $561,500 $0 $0
2015 $3,902 $561,500 $0 $0
2014 $3,902 $561,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3359131

Canopy MLS (Canopy Realtor® Association)

APN: 9624-64-1343-00000