$80,000
SOLD JUL 7, 2021

37 Dividing Ridge Trail Unit 12 Arden, NC 28704

1.21 Acres
$66,116 Price per Acre
52,708 Sq Ft Lot

Recently Sold

27% Below List Price

276 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Wooded Lot
  • T.C. Roberson High School Rated A

About This Lot

As of July 2021

NOTE: This is a bank foreclosure property, and, as such, it is being sold strictly in "AS-IS" condition, with no guarantees or warranties, either stated or implied, by the bank/owner or the listing broker-agent or brokerage firm, in any manner. The confirmation of all important data, and/or the completion of all essential inspections, the complete due diligence, are the sole responsibility of the purchaser and/or their agents. Awesome building lot in the upscale, gated, amenity-rich, lifestyle community of The Cliffs at Walnut Cove, South Asheville's premier golf and wellness community. This lot is a bank foreclosure and, as such, it has been appraised by the seller and Priced to Sell. This lot is offered only for cash sales. No financing is available from seller, nor will offers to purchase requiring financing be considered by seller. This is a "The Cliffs at Walnut Cove" Best Buy!

Last Agent to Sell the Property

Gary Neubauer

Allen Tate/Beverly-Hanks Waynesville License #298232 Listed on: 08/14/2020

Allen Tate/Beverly-Hanks Waynesville

Last Buyer's Agent

Shaun Collyer

The Agency - Charlotte License #313760

The Agency - Charlotte

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $931

Lot Details

  • Wooded Lot
  • Many Trees

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 9633-17-3794-00000

Community Details

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$931

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.73059
  • Ratio Current Price By Acre: 66115.70
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Utilities

  • Sewer: Septic Needed
  • Water: Public Water

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee Frequency: Annually
  • 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: Sloping, Trees, Wooded
  • Lot Size Area: 1.210
  • Parcel Number: 9633-17-3794-00000
  • Zoning Specification: R1

Tax Info

  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Jul 7, 2021
Sold by
Hometrust Bank
Bought by
Logan William H and Logan Allison O
Seller's Agent
Gary Neubauer
Allen Tate/Beverly-Hanks Waynesville
Buyer's Agent
Shaun Collyer
The Agency - Charlotte
List Price
$109,500
Sold Price
$80,000
Premium/Discount to List
-$29,500
-26.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.41%

Purchase Details

Closed on
Aug 23, 2012
Sold by
Hometrust Bank
Bought by
Hometrust

Purchase Details

Closed on
Dec 17, 2004
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Wc Black Smith Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
5%
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 Type Sale Price Title Company
Special Warranty Deed $80,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $4,483,000 --
Deed $4,483,000 --
Warranty Deed $354,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $389,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $275,000 -8.3% --
04/10/2025 04/10/25 For Sale $300,000 +275.0% --
07/07/2021 07/07/21 Sold $80,000 0.0% --
05/17/2021 05/17/21 Pending -- -- --
02/17/2021 02/17/21 Price Changed $80,000 -11.1% --
11/11/2020 11/11/20 Price Changed $90,000 -17.8% --
08/14/2020 08/14/20 For Sale $109,500 -- --
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 $931 $151,200 $151,200 $0
2022 $886 $151,200 $0 $0
2021 $886 $151,200 $0 $0
2020 $830 $131,700 $0 $0
2019 $830 $131,700 $0 $0
2018 $830 $131,700 $0 $0
2017 $0 $126,000 $0 $0
2016 $876 $126,000 $0 $0
2015 $876 $126,000 $0 $0
2014 $876 $126,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3650032

Canopy MLS (Canopy Realtor® Association)

APN: 9633-17-3794-00000