NOT LISTED FOR SALE

38 Powder Creek Trail Arden, NC 28704

Estimated Value: $1,613,000 - $2,403,264

4 Beds
4.5 Baths
4,567 Sq Ft
$448/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $1,610,000 $353 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $12,153/month

107 Days on Market

Highlights

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

About This Home

As of September 2022

Exquisite Millstream home in private setting with and creek below. Owner revitalized home with numerous upgrades and updates. Owner finished porch on main level to provide option of year round enjoyment. Then utilized former unused patio space below to create theater room with 8k tv and audio system to match. Over 700 sq ft of finished space added to previous size to create wonderful spaces for family, guests, hobbies, etc…..endless possibilities! Lower level perfect for family and friend visits with second primary and bath plus a second bedroom and bath downstairs with game room and theater. A fabulous private retreat AND you are in the Cliffs at Walnut Cove! This is the the jewel of the Cliffs communities - only 20 minutes to downtown Asheville. You are also close to all the restaurants and shops of Biltmore Town Square and south Asheville. This home is close to the fitness center and second gate which makes trips to the airport, sierra Nevada, and Brevard and Hendersonville easy.

Last Agent to Sell the Property

Tracy Veteto

COMPASS License #245814 Listed on: 04/07/2022

COMPASS

Last Buyer's Agent

Maria Burril

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #288175

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,886

Year Built

  • Built in 2006

Lot Details

  • Wooded Lot
  • Lawn

HOA Fees

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation
  • Stone Siding
  • Hardboard
  • Stucco

Interior Spaces

  • Cathedral Ceiling
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Screened Porch
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Access to stream, creek or river
  • Pond
  • Outdoor Fireplace

Schools

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

Utilities

  • Central Heating
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9633-28-1699-00000

Community Details

Overview

  • Walnut Cove Poa, Phone Number (864) 238-2557
  • The Cliffs At Walnut Cove Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,886

Year Built

Built in 2006

Lot Details

0

HOA Fees

$427 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2006
  • Ratio Current Price By Acre: 1341666.67
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 352.53
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Partially Finished, Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Cable Available, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1909
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 71
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 71
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 577
  • Porch: Back,Screened
  • Appliances: Cable Prewire, Gas Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2081
  • Fireplace Features: Family Room, Great Room
  • Living Area: 4567
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Lawn Maintenance, Outdoor Fireplace, Underground Power Lines
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Elevation: 2000
  • Construction Type: Stucco, Hardboard Siding, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 542
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Hot Tub, Indoor Pool, Outdoor Pool, Pond, Security, Tennis Court(s), Walking Trails
  • Association Fee: 2455
  • Association Fee Frequency: Annually
  • Association #2 Fee: 666
  • Association #2 Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Millstream
  • Association Name: Walnut Cove POA
  • Phone: 8642382557
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: Required
  • HOA Email: scarlton@carltonpropertyservices.net
  • HOA Management Name 2: Millstream HOA
  • HOA Email 2: scarlton@carltonpropertyservices.net
  • HOA Management Phone 2: 8642382557
  • CAR_YearlyHOAExpense: 5119.00

Lot Info

  • Lot Features: Creek/Stream, Wooded, Wooded
  • Lot Size Area: 1.2
  • Lot Size Units: Acres
  • Parcel Number: 9633-28-1699-00000
  • Plat Book Slide: 0094/0151
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.58632

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Sep 19, 2022
Sold by
Ronnie Weak
Bought by
Fort Family Revocable Trust
Seller's Agent
Tracy Veteto
COMPASS
Buyer's Agent
Maria Burril
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$1,675,000
Sold Price
$1,610,000
Premium/Discount to List
-$65,000
-3.88%
Current Estimated Value
$2,046,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,816
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
Apr 29, 2021
Sold by
L & T Of Walnut Cove Llc
Bought by
Weade Ronnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2005
Sold by
Tyner Construction Co Inc
Bought by
L & T Of Walnut Cove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,243,000
Interest Rate
5.57%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Fort Family Revocable Trust $1,610,000 --
Weade Ronnie $1,031,500 None Available
L & T Of Walnut Cove Llc $295,000 --
Tyner Construction Co Inc $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weade Ronnie $545,000
Previous Owner L & T Of Walnut Cove Llc $560,000
Previous Owner Bissette W $1,273,879
Previous Owner L & T Of Walnut Cove Llc $1,255,993
Previous Owner L & T Of Walnut Cove Llc $1,249,441
Previous Owner Tyner Construction Co Inc $1,243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $1,610,000 -3.9% $353 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/04/2022 07/04/22 For Sale $1,675,000 0.0% $367 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
06/16/2022 06/16/22 Price Changed $1,675,000 -4.8% $367 / Sq Ft
06/04/2022 06/04/22 Price Changed $1,760,000 -2.2% $385 / Sq Ft
05/26/2022 05/26/22 Price Changed $1,800,000 -4.0% $394 / Sq Ft
04/07/2022 04/07/22 For Sale $1,875,000 -- $411 / 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 $6,886 $1,118,600 $237,700 $880,900
2022 $6,358 $1,084,900 $0 $0
2021 $6,188 $1,055,900 $0 $0
2020 $6,527 $1,036,000 $0 $0
2019 $6,527 $1,036,000 $0 $0
2018 $6,527 $1,036,000 $0 $0
2017 $6,527 $945,900 $0 $0
2016 $6,574 $945,900 $0 $0
2015 $6,574 $945,900 $0 $0
2014 $6,574 $945,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3827721

Canopy MLS (Canopy Realtor® Association)

APN: 9633-28-1699-00000