NOT LISTED FOR SALE

406 Cedar Ln Arden, NC 28704

Estimated Value: $510,000 - $608,000

3 Beds
2 Baths
2,275 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $535,000 $235 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,062/month

31 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Laundry Room
  • Glen Arden Elementary School Rated A-
  • Patio
  • Forced Air Heating System

About This Home

As of June 2022

Video available shortly. Current airbnb. Fully remodeled home with granite and stainless. Great sunroom off kitchen and open plan living. Owner suite plus two more bedrooms on main level, large den with bar, full bathroom and exterior entrance on lower level. Could add bed in to make studio, or owner will finish additional room to suite. Owner is a home builder and home has been gutted. Lovely outdoor area with large deck, large shed for storage. Home is available turn key with furniture should you require. Partially finished basement.

Last Agent to Sell the Property

Rowena Patton

EXP Realty LLC License #251544 Listed on: 04/30/2022

EXP Realty LLC

Last Buyer's Agent

Cate Scales

Nest Realty Asheville License #297084

Nest Realty Asheville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,083

Year Built

  • Built in 1964

Lot Details

  • 0.35

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Additional Features

  • Patio
  • Forced Air Heating System

Community Details

  • Royal Pines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9654-55-6170-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,083

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Ratio Current Price By Acre: 1528571.43
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 689
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1518
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Front,Patio
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 757
  • Fireplace Features: Gas Log
  • Living Area: 2275
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Fiberglass
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Forced Air, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.35
  • Lot Size Units: Acres
  • Parcel Number: 9654-55-6170-00000
  • Zoning Description: R-1

Tax Info

  • RATIO List Price By Tax Amount: 2.05078

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Jun 1, 2022
Sold by
Grassette Adam R and Grassette Tracy L
Bought by
Balcewicz Katherine Hane
Seller's Agent
Rowena Patton
EXP Realty LLC
Buyer's Agent
Cate Scales
Nest Realty Asheville
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Current Estimated Value
$527,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,621
Avg. Annual Appreciation
1.61%
Original Mortgage
$479,750
Outstanding Balance
$459,098
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$103,807

Purchase Details

Closed on
Sep 30, 2009
Sold by
Grassette Richard W and Grassette Susan C
Bought by
Grassette Adam Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
5.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 19, 2004
Sold by
Hughes Lena J and Hughes Morris A
Bought by
Grassette Adam R and Grassette Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 2003
Sold by
Bumgarner Randall E and Bumgarner Tracy Marie
Bought by
Hughes Lena Jane Bumgarner and Bumgarner Lena Jane

Purchase Details

Closed on
Dec 30, 1998
Sold by
Bumgarner Hughes Lena Jane
Bought by
Bumgarner Randall E and Roberson Janet Diane
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
Balcewicz Katherine Hane $535,000 None Listed On Document
Grassette Adam Richard $225,000 None Available
Grassette Adam R $142,000 --
Hughes Lena Jane Bumgarner -- --
Hughes Lena Jane Bumgarner -- --
Bumgarner Randall E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balcewicz Katherine Hane $479,750
Previous Owner Grassette Adam R $64,000
Previous Owner Grassette Adam R $182,000
Previous Owner Grassette Adam Richard $223,200
Previous Owner Grassette Tracy L $211,640
Previous Owner Grassette Adam R $194,400
Previous Owner Grassette Adam R $113,600
Closed Grassette Adam R $8,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $535,000 +1.9% $235 / Sq Ft
04/30/2022 04/30/22 For Sale $525,000 -- $231 / 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 $2,083 $338,400 $57,200 $281,200
2022 $1,500 $256,000 $0 $0
2021 $1,500 $256,000 $0 $0
2020 $1,274 $202,200 $0 $0
2019 $1,274 $202,200 $0 $0
2018 $1,274 $202,200 $0 $0
2017 $1,274 $178,500 $0 $0
2016 $1,255 $178,500 $0 $0
2015 $1,256 $178,500 $0 $0
2014 $1,256 $178,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3851685

Canopy MLS (Canopy Realtor® Association)

APN: 9654-55-6170-00000