NOT LISTED FOR SALE

4 Rain Lily Trail Unit 1 Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $880,000 - $1,018,000

1.3 Acres
$743,085 Price per Acre
56,628 Sq Ft Lot

Last Sold September 18, 2023

Last sale price $917,500

Est. 5% increase in value since last sale

Current estimated payment $5,654/month

103 Days on Market

Highlights

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

About This Lot

As of September 2023

The uncommonly gentle slope of this premier Walnut Cove home site makes this property a dream on which to build. Combine that with its multi-directional views of Pisgah National Forest, Blue Ridge Parkway and the surrounding ridges and its setting along the Nicklaus Signature golf course and you will quickly realize what tremendous value awaits you here. What’s more, you are mere steps to Walnut Cove’s standard-setting Club Village. Recent clearing of the property makes this a true shovel-ready opportunity. For qualified Buyers, the Sellers will share a site plan for a 3,500 sq ft single level home designed for this property. Membership Available.

Last Agent to Sell the Property

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 03/06/2023

Last Buyer's Agent

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 03/06/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,440

Lot Details

  • Property fronts a private road
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Gardening, Private Estate, Residential
  • Property is zoned R-2

HOA Fees

  • $225 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain

Schools

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

Farming

  • Pasture

Utilities

  • Underground Utilities
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 9624-73-2647-00000
  • Tax Block 0122

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
  • Putting Green
  • Trails
  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$3,440

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • 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 Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Gardening, Private Estate, Residential

Exterior Features

  • View: Golf Course, Mountain(s), Year Round
  • Waterfront Elevation: 2000
  • Other Structures: None

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Gas, Underground Power Lines, Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Hot Tub, Indoor Pool, Outdoor Pool, Pond, Putting Green, Tennis Court(s), Walking Trails
  • Association Fee: 2695
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Walnut Cove POA
  • Phone: 864-238-2557
  • ResoAssociationFeeFrequency: Annually
  • Association Email: scarlton@carltonpropertyservices.net

Association/Amenities

  • Association Annual Expense: 2695.00

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Level, On Golf Course, Pasture, Paved, Wooded, Views
  • Lot Size Area: 1.3
  • Lot Size Units: Acres
  • Parcel Number: 9624-73-2647-00000
  • Zoning: R-2
  • Plat Book Slide: 0110
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 0122
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-2

Tax Info

  • Tax Block: 0122

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
Mar 6, 2023
Closed on
Sep 15, 2023
Sold by
Meissner Jeffrey R and Meissner Janice R
Bought by
Schiffman Jeffrey and Schiffman Jody
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
$1,050,000
Sold Price
$917,500
Premium/Discount to List
-$132,500
-12.62%
Views
18
Current Estimated Value
$966,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,510
Avg. Annual Appreciation
2.53%

Purchase Details

Listed on
May 10, 2022
Closed on
Sep 21, 2022
Sold by
Powell William H and Powell Shirley
Bought by
Meissner Jeffrey R and Meissner Janice R
Seller's Agent
Lee Swing
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Caitlyn Thompson
Ivester Jackson Blackstream
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%

Purchase Details

Listed on
Mar 27, 2019
Closed on
Aug 19, 2020
Sold by
Decaussin Mere and Decaussin David
Bought by
Powell William H and Powell Shirley
Seller's Agent
Kyle Olinger
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Sandy Austin
Howard Hanna Beverly-Hanks Asheville-North
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.47%

Purchase Details

Closed on
Jan 4, 2008
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Mere Decaussin David and Mere De Caussin
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
Schiffman Jeffrey $917,500 None Listed On Document
Meissner Jeffrey R $850,000 --
Powell William H $565,000 None Available
Mere Decaussin David $1,725,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2023 09/18/23 Sold $917,500 -12.6% --
06/17/2023 06/17/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $1,050,000 +23.5% --
09/23/2022 09/23/22 Sold $850,000 -10.5% -- View Prior Sale
09/19/2022 09/19/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $950,000 +68.1% --
08/19/2020 08/19/20 Sold $565,000 -5.7% -- View Prior Sale
08/05/2020 08/05/20 Pending -- -- --
05/31/2020 05/31/20 Price Changed $599,000 0.0% --
05/31/2020 05/31/20 For Sale $599,000 +6.0% --
02/28/2020 02/28/20 Off Market $565,000 -- --
03/27/2019 03/27/19 For Sale $650,000 -- --
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 $3,440 $723,200 $558,800 $164,400
2024 $3,440 $558,800 $558,800 --
2023 $3,440 $558,800 $558,800 $0
2022 $3,275 $558,800 $0 $0
2021 $3,275 $558,800 $0 $0
2020 $4,513 $716,400 $0 $0
2019 $4,513 $716,400 $0 $0
2018 $4,513 $716,400 $0 $0
2017 $4,513 $328,300 $0 $0
2016 $2,282 $328,300 $0 $0
2015 $2,282 $328,300 $0 $0
2014 $2,282 $328,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4008022

Canopy MLS (Canopy Realtor® Association)

APN: 9624-73-2647-00000