NOT LISTED FOR SALE

407 Olde Covington Way Unit D407 Arden, NC 28704

Royal Pines Area

Estimated Value: $225,000 - $247,000

2 Beds
2 Baths
1,170 Sq Ft
0.5 Acre Lot

Sale Details

Date Sold: May 5, 2020

Last sale price $138,000 $118 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,453 / mo

110 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Gas Log Fireplace
  • Corner Lot
  • Carpet

About This Home

As of May 2020

Upper middle condominium in popular south Asheville neighborhood. Cozy gas fireplace. Extra large master bedroom with spacious walk in closet and access to the private balcony.

Last Agent to Sell the Property

McRae Hilliard

Howard Hanna Beverly-Hanks Asheville-Downtown License #173907 Listed on: 10/28/2019

Howard Hanna Beverly-Hanks Asheville-Downtown

Last Buyer's Agent

Mary Sitton

Premier Sotheby’s International Realty License #215198

Premier Sotheby’s International Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • 0.5

HOA Fees

  • $141 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Gas Log Fireplace

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Level Lot
  • Cable TV Available

Community Details

  • Baldwin Re Association, Phone Number (828) 684-3400

Listing and Financial Details

  • Assessor Parcel Number 9653-77-8695

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0.5 Acres

HOA Fees

$141 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.95502
  • Ratio Close Price By Original Li: 0.95172
  • Ratio Current Price By Sq Ft: 117.95
  • Unit Floor Level: 6
  • 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: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Range, Electric Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 828-684-3400
  • Interior Amenities: Cable Available
  • 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: Lot

Utilities

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

Condo/Co-op/Association

  • Association Fee: 141.00
  • Association Fee Frequency: Monthly
  • Complex Name: Covington Crossing
  • HOA Management Company: BALDWIN RE
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Corner Lot, Level
  • Parcel Number: 9653-77-8695
  • Zoning Specification: RES

Tax Info

  • Tax Value: 127200.00
  • Tax Location: Buncombe

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
May 5, 2020
Sold by
Bought by
Seller's Agent
McRae Hilliard
Howard Hanna Beverly-Hanks Asheville-Downtown
Buyer's Agent
Mary Sitton
Premier Sotheby’s International Realty
List Price
$145,000
Sold Price
$138,000
Premium/Discount to List
-$7,000
-4.83%
Current Estimated Value
$233,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,002
Avg. Annual Appreciation
8.74%
Original Mortgage
$140,909
Outstanding Balance
$122,884
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$110,118

Purchase Details

Listed on
Jul 16, 2012
Closed on
Oct 18, 2013
Sold by
Bought by
Seller's Agent
Jason Brodsky
EXP Realty LLC
Buyer's Agent
McRae Hilliard
Howard Hanna Beverly-Hanks Asheville-Downtown
List Price
$104,900
Sold Price
$90,000
Premium/Discount to List
-$14,900
-14.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$72,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Arden, NC

  • Bob Ray Real Estate Agent - Asheville Realty & Associates

    Bob Ray

    Asheville Realty & Associates

    (828) 882-2851

    34 Total Sales

    1 in Royal Pines

    $385,000 Price

    Bob Ray
     Section Image
  • Athena Cermak Real Estate Agent - Keller Williams Professionals

    Athena Cermak

    Responds Quickly

    Keller Williams Professionals

    (828) 672-3601

    135 Total Sales

    4 in Royal Pines

    $300K - $422K Price Range

    Athena Cermak
     Section Image
  • Leslie Elliott Real Estate Agent - Howard Hanna Beverly-Hanks Asheville-Biltmore Park

    Leslie Elliott

    Howard Hanna Beverly-Hanks Asheville-Biltmore Park

    (828) 672-3103

    102 Total Sales

    10 in Royal Pines

    $245K - $792K Price Range

    Leslie Elliott
     Section Image
  • Julie May Real Estate Agent - Keller Williams Professionals

    Julie May

    Keller Williams Professionals

    (828) 519-5903

    85 Total Sales

    2 in Royal Pines

    $360K - $430K Price Range

    Julie May
     Section Image
  • Sunday Grant Real Estate Agent - GreyBeard Realty

    Sunday Grant

    GreyBeard Realty

    (828) 548-1708

    149 Total Sales

    2 in Royal Pines

    $421K - $430K Price Range

    Sunday Grant
     Section Image
  • Shane Peters Real Estate Agent - Mosaic Community Lifestyle Realty

    Shane Peters

    Mosaic Community Lifestyle Realty

    (828) 415-5416

    51 Total Sales

    2 in Royal Pines

    $265K - $391K Price Range

    Shane Peters
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$138,000 None Available
$90,000 None Available
$70,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $5,027
Open $140,909
Previous Owner $72,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2020 05/05/20 Sold $138,000 -4.5% $118 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
01/28/2020 01/28/20 Price Changed $144,500 -0.3% $124 / Sq Ft
12/31/2019 12/31/19 For Sale $145,000 0.0% $124 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $145,000 0.0% $124 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $145,000 +61.1% $124 / Sq Ft
10/18/2013 10/18/13 Sold $90,000 -14.2% $77 / Sq Ft View Prior Sale
09/18/2013 09/18/13 Pending -- -- --
07/16/2012 07/16/12 For Sale $104,900 -- $90 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $904 $146,800 $146,800
2024 $904 $146,800 $146,800
2023 $904 $146,800 $0 $146,800
2022 $860 $146,800 $0 $0
2021 $860 $146,800 $0 $0
2020 $801 $127,200 $0 $0
2019 $801 $127,200 $0 $0
2018 $801 $127,200 $0 $0
2017 $801 $102,500 $0 $0
2016 $712 $0 $0 $0
2015 $712 $102,500 $0 $0
2014 $712 $102,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • McRae Hilliard Real Estate Agent - Howard Hanna Beverly-Hanks Asheville-Downtown

    Seller's Agent in 2020

    McRae Hilliard

    Howard Hanna Beverly-Hanks Asheville-Downtown

    (828) 230-6451

    47 Total Sales

    McRae Hilliard
    Section Image
  • Mary Sitton Real Estate Agent - Premier Sotheby’s International Realty

    Buyer's Agent in 2020

    Mary Sitton

    Premier Sotheby’s International Realty

    (828) 489-9354

    86 Total Sales

    Mary Sitton
    Section Image
  • Jason Brodsky Real Estate Agent - EXP Realty LLC

    Seller's Agent in 2013

    Jason Brodsky

    EXP Realty LLC

    (828) 490-1510

    141 Total Sales

    Jason Brodsky
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3563319

Canopy MLS

APN: 9653-77-8695-CD407

North Carolina Buncombe County Arden 28704

407 Olde Covington Way Unit D407, Arden, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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