NOT LISTED FOR SALE

402 Olde Covington Way Unit D402 Arden, NC 28704

Estimated Value: $251,000 - $271,000

2 Beds
2 Baths
1,170 Sq Ft
2002 Built

Last Sold March 26, 2015

Last sale price $110,000 $94 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,453/month

13 Days on Market

Highlights

  • Open Floorplan
  • Fireplace
  • Level Lot
  • Glen Arden Elementary School Rated A-
  • Walk-In Closet
  • Vinyl Flooring

About This Home

As of March 2015

Well kept ground level unit, split bedroom design, all rooms large & spacious. Large walk-in closet in master on main. Gas fireplace. All new appliances & HVAC 2006. Very convenient to all South Buncombe dining, shopping & entertainment. Listing agent related to seller.

Last Agent to Sell the Property

Rex Cutshall

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #245513 Listed on: 02/11/2015

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Last Buyer's Agent

Mike Bryant

Estate Realty License #166741

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $879

Year Built

  • Built in 2002

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Insulated Windows
  • Window Treatments
  • Vinyl Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 9653778695CD402

Property Details

Home Type

Condominium

Est. Annual Taxes

$879

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.97778
  • Ratio Close Price By Original Li: 0.97778
  • Ratio Current Price By Sq Ft: 94.02
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows, g-Insulated Door(s)
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Refrigerator, Washer Connection, Electric Oven
  • Fireplace Description: Gas Unvented
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Open Floorplan, Split BR Plan, Walk-In Closet(s), Window Treatments
  • Room Count: 2
  • Main Level Sq Ft: 1170
  • Total Sq Ft: 1170

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 112.00

Schools

  • Elementary School: Glen Arden/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Level
  • Parcel Number: 9653778695CD402
  • Plat Reference Section Pages: 4579
  • Zoning Specification: R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2015
Closed on
Mar 26, 2015
Sold by
Moss Matthew P and Moss Chari
Bought by
Watson Wyatt Michael
Seller's Agent
Rex Cutshall
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Mike Bryant
Estate Realty
List Price
$112,500
Sold Price
$110,000
Premium/Discount to List
-$2,500
-2.22%
Total Days on Market
13
Current Estimated Value
$260,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,116
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Jun 19, 2008
Sold by
Doty Kami L
Bought by
Moss Matthew P and Moss Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Wiltuck Margaret M
Bought by
Doty Kami L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2003
Sold by
Covington Crossing Llc
Bought by
Wiltuck Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.93%
Source: Public Records

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Range of Values:

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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
Watson Wyatt Michael $110,000 None Available
Moss Matthew P $125,000 None Available
Doty Kami L $96,000 --
Wiltuck Margaret M $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moss Matthew P $108,500
Previous Owner Doty Kami L $86,400
Previous Owner Wiltuck Margaret M $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2015 03/26/15 Sold $110,000 -2.2% $94 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $112,500 -- $96 / 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 $879 $147,500 $0 $147,500
2022 $864 $147,500 $0 $0
2021 $864 $147,500 $0 $0
2020 $805 $127,700 $0 $0
2019 $805 $127,700 $0 $0
2018 $805 $127,700 $0 $0
2017 $0 $114,600 $0 $0
2016 $796 $0 $0 $0
2015 $796 $114,600 $0 $0
2014 $796 $114,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM577769

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8695-CD402