NOT LISTED FOR SALE

403 Olde Covington Way Unit D403 Arden, NC 28704

Estimated Value: $244,000 - $255,000

2 Beds
2 Baths
1,170 Sq Ft
$156/mo HOA Fee

Last Sold November 22, 2021

Last sale price $189,000 $162 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,553/month

3 Days on Market

Highlights

  • Fireplace
  • Glen Arden Elementary School Rated A-
  • Vinyl Flooring

About This Home

As of November 2021

Incredibly spacious first-floor unit in popular south Asheville neighborhood (exactly right smack dab in the middle of culturally explosive and lively downtown Asheville and historically rich downtown Hendersonville)
This new home would be precisely twelve (12) miles either way between these two fabulous downtown areas which are world renowned for gorgeous architecture, fantastic shopping, a huge variety of 100's of restaurants, interesting museums, fun street performers, and countless free festivals, not to mention being a rocks throw from the Blue Ridge Parkway AND Lake Julian! Talk about convenience!!

Last Agent to Sell the Property

Daniel Mosteller

NorthGroup Real Estate LLC License #290855 Listed on: 08/18/2021

NorthGroup Real Estate LLC

Last Buyer's Agent

Daniel Mosteller

NorthGroup Real Estate LLC License #290855 Listed on: 08/18/2021

NorthGroup Real Estate LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • 5.22

HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace

Flooring

  • Laminate
  • Vinyl

Schools

  • Glen Arden/Koontz Elementary School
  • Cane Creek Middle School
  • T.C. Roberson High School

Community Details

  • Covington Crossing Condo Association

Listing and Financial Details

  • Assessor Parcel Number 9653-77-8657-00000

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$156 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 161.54
  • 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
  • Entry Level: Main
  • Equipment: Beverage Refrigerator
  • Fireplace Description: Fireplace Insert, Living Room
  • Fireplace: Yes
  • Flooring: Laminate Wood, Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1170
  • Total Sq Ft: 1170

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 146.00
  • Association Fee Frequency: Monthly
  • Complex Name: Covington Crossing
  • HOA Management Company: Covington Crossing Condo Association
  • Association #2 Fee: 120.00
  • Association #2 Fee Frequency: Annually

Schools

  • Elementary School: Glen Arden/Koontz
  • Middle School: Cane Creek
  • High School: T.C. Roberson
  • Middle Or Junior School: Cane Creek

Lot Info

  • Parcel Number: 9653-77-8657-00000
  • Plat Book Slide: 84/43
  • Zoning Specification: R1

Tax Info

  • Tax Value: 134000.00
  • Tax Location: Skyland

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 4, 2021
Sold by
Hines Neilson C and Hines Heidi R
Bought by
Kowalisyn Veronica
Seller's Agent
Daniel Mosteller
NorthGroup Real Estate LLC
Buyer's Agent
Daniel Mosteller
NorthGroup Real Estate LLC
List Price
$189,000
Sold Price
$189,000
Current Estimated Value
$249,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,277
Avg. Annual Appreciation
7.45%
Original Mortgage
$189,000
Outstanding Balance
$173,211
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$76,066

Purchase Details

Closed on
Nov 4, 2009
Sold by
Gouge Michael E and Cunningham Ginger
Bought by
Hines Neilson C and Hines Heidi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2007
Sold by
Peltier Sara K and Peltier John
Bought by
Thomas Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Scheiderich Robert F and Scheiderich Mary F
Bought by
Peltier John and Peltier Sara K

Purchase Details

Closed on
Mar 11, 2003
Sold by
Covington Crossing Llc
Bought by
Scheiderich Robert F and Scheiderich Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
4.62%
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
Kowalisyn Veronica $189,000 None Available
Hines Neilson C $115,000 None Available
Thomas Elizabeth H $120,000 None Available
Peltier John $98,000 --
Scheiderich Robert F $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kowalisyn Veronica $189,000
Previous Owner Hines Neilson C $116,000
Previous Owner Thomas Elizabeth H $25,000
Previous Owner Scheiderich Robert F $72,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $189,000 0.0% $162 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $189,000 -- $162 / 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
2025 $908 $147,500 -- $147,500
2024 $908 $147,500 -- $147,500
2023 $908 $147,500 $0 $147,500
2022 $864 $147,500 $0 $147,500
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 $805 $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: CAR3774320

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8695-CD403