$90,000
SOLD OCT 18, 2013

407 Olde Covington Way Unit D407 Arden, NC 28704

2 Beds
2 Baths
1,170 Sq Ft
436 Sq Ft Lot

Recently Sold

$77 Per Sq Ft

14% Below List Price

429 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 May 2020

Desirable Covington Crossing!Immaculate condition and convenient to everything, this unit features a very open floor plan,LARGE master w/HUGE walk in closet, gas fireplace and just so much more. Located in one of Asheville's best school districts and close to the airport and Hendersonville, this is a great opportunity to live or invest in the best that Asheville has to offer. CAN BE USED AS RENTAL! NO PET WEIGHT LIMIT!

Last Agent to Sell the Property

Jason Brodsky

EXP Realty LLC License #254007 Listed on: 07/16/2012

EXP Realty LLC

Last Buyer's Agent

McRae Hilliard

Allen Tate/Beverly-Hanks Asheville-Downtown License #173907

Allen Tate/Beverly-Hanks Asheville-Downtown

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $904

Year Built

  • Built in 2002

Home Design

  • 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 9653-77-8646-00000

Property Details

Home Type

Condominium

Est. Annual Taxes

$904

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: 0.94737
  • Ratio Close Price By Original Li: 0.85796
  • Ratio Current Price By Acre: 9000000.00
  • Ratio Current Price By Sq Ft: 76.92
  • Unit Floor Level: 2
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • 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, Refrigerator, Electric Oven
  • Fireplace Description: Gas Unvented
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Open Floorplan, Pantry, 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: Central Air, Electric Hot Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Association Fee: 112.00

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Level
  • Lot Size Area: 0.010
  • Parcel Number: 9653-77-8646-00000
  • Plat Reference Section Pages: 4510
  • Zoning Specification: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
May 5, 2020
Sold by
Campell Howard Neal and Campell Anne J
Bought by
Schell Grace C
Seller's Agent
McRae Hilliard
Allen Tate/Beverly-Hanks Asheville-Downtown
Buyer's Agent
Mary Sitton
EXP Realty LLC
List Price
$145,000
Sold Price
$138,000
Premium/Discount to List
-$7,000
-4.83%
Total Days on Market
429
Current Estimated Value
$255,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,780
Avg. Annual Appreciation
12.59%
Original Mortgage
$140,909
Outstanding Balance
$126,867
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$124,893

Purchase Details

Listed on
Jul 16, 2012
Closed on
Oct 18, 2013
Sold by
Vargo James X and Vargo Karen A
Bought by
Campbell Howard Neal
Seller's Agent
Jason Brodsky
EXP Realty LLC
Buyer's Agent
McRae Hilliard
Allen Tate/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
Potts Michael A and Potts Chad M
Bought by
Potts Jody L
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 Type Sale Price Title Company
Warranty Deed $138,000 None Available
Warranty Deed $90,000 None Available
Interfamily Deed Transfer $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,027 FHA
Open $140,909 New Conventional
Previous Owner $72,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
09/18/2013 09/18/13 Pending -- -- --
07/16/2012 07/16/12 For Sale $104,900 -- $90 / 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 $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

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM522489

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8695-CD407