NOT LISTED FOR SALE

42 Dividing Ridge Trail Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $1,761,000 - $2,243,895

3 Beds
3.5 Baths
3,190 Sq Ft
$634/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $1,475,000 $462 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $11,474/month

40 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • T.C. Roberson High School Rated A
  • Gated Community
  • Pond

About This Home

As of October 2021

Peace and tranquility await you! Dappled sunlight filters through the hardwoods and rests gently on your new home on Dividing Ridge Trail in The Cliffs at Walnut Cove! Built on a small hill facing away from the street provides you with ultimate privacy and beautiful winter views of the magnificent Blue Ridge Parkway. Gorgeous custom finishes add to the beauty and ease of one level living. With the spacious primary suite on one side of the home and lovely appointed guest suites on the other, the home lends itself to both young families and those who wish to age in place. The flow for entertaining is a breeze with the open concept floorplan. Located on over one and half acres, friends and family will enjoy the feeling of being in a “treehouse” surrounded by the beauty of nature. From the airy, light-filled rooms to the screened porch and the open sundeck, you know you are home the moment you walk through the front door! Club membership available!

Last Agent to Sell the Property

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 08/07/2021

Last Buyer's Agent

Chase Brugh

Mountains to Sea Realty LLC License #268868

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 1.63

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Brick Driveway

Home Design

  • Transitional Architecture
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 1.5-Story Property
  • Den with Fireplace

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile

Additional Features

  • Pond
  • Wooded Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9633-17-7403-00000
  • Tax Block 03A

Community Details

Overview

  • Walnut Cove Poa, Phone Number (864) 238-2557

Recreation

  • Golf Course Community
  • Tennis Courts
  • Indoor Game Court
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Trails

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96721
  • Ratio Close Price By Original Li: 0.93651
  • Ratio Current Price By Acre: 904907.98
  • Ratio Current Price By Sq Ft: 462.38
  • Year Built: 2015
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Concrete
  • Upper Level Sq Ft: 232
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Dishwasher, Oven, Refrigerator
  • Fireplace Description: Den, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 864-238-2557
  • Interior Amenities: Kitchen Island
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2958
  • Total Sq Ft: 3190

Exterior Features

  • Construction: Hard Stucco, Hardboard Siding, Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines

Garage/Parking

  • Driveway: Asphalt, Brick
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Game Court, Gated Community, Golf Course, Hot Tub, Indoor Pool, Outdoor Pool, Pond, Security, Tennis Court(s), Walking Trails
  • Association Fee: 2096.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Walnut Cove POA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Paved Frontage, Sloping, Winter View, Wooded
  • Parcel Number: 9633-17-7403-00000
  • Plat Book Slide: 0094
  • Plat Reference Section Pages: 0047
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 1321800.00
  • Tax Block: 03A
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Oct 25, 2021
Sold by
Metcalf Kirk and Metcalf Kathleen
Bought by
Demere Martha
Seller's Agent
Josh Smith
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Chase Brugh
Mountains to Sea Realty LLC
List Price
$1,575,000
Sold Price
$1,475,000
Premium/Discount to List
-$100,000
-6.35%
Current Estimated Value
$2,023,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,224
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Oct 5, 2017
Sold by
Metcalf Kirk and Metcalf Kathleen T
Bought by
Metcalf Kirk and Metcalf Kathleen

Purchase Details

Closed on
Mar 15, 2013
Sold by
Hubble Richard L and Hubble Janice M
Bought by
Ritsch Martin L

Purchase Details

Closed on
Mar 12, 2013
Sold by
Ritsch Martin L and Ritsch Janet H
Bought by
Metcalf Kathleen T and The Kathleen T Metcalf Trust

Purchase Details

Closed on
Jun 20, 2011
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Ritsch Masrtin L and Hubble Richard L

Purchase Details

Closed on
Oct 29, 2010
Sold by
Wilson Charles I and Wilson Debbie S
Bought by
The Cliffs At Walnut Cove Llc

Purchase Details

Closed on
Feb 28, 2005
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Wilson Charles I and Wilson Debbie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
5.61%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Demere Martha $1,475,000 None Available
Metcalf Kirk -- None Available
Metcalf Kirk -- None Available
Ritsch Martin L -- None Available
Metcalf Kathleen T $140,000 None Available
Ritsch Martin L -- None Available
Hubble Richard L -- None Available
Ritsch Masrtin L $157,500 None Available
The Cliffs At Walnut Cove Llc $300,000 None Available
Wilson Charles I $287,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Charles I $239,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $1,475,000 -3.3% $462 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/02/2021 09/02/21 Price Changed $1,525,000 -3.2% $478 / Sq Ft
08/07/2021 08/07/21 For Sale $1,575,000 -- $494 / 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 -- $1,321,800 $179,800 $1,142,000
2024 -- $1,321,800 $179,800 $1,142,000
2023 $7,878 $1,321,800 $179,800 $1,142,000
2022 $7,746 $1,321,800 $0 $0
2021 $7,687 $1,321,800 $0 $0
2020 $7,229 $1,147,500 $0 $0
2019 $7,229 $1,147,500 $0 $0
2018 $7,229 $1,147,500 $0 $0
2017 $7,229 $149,800 $0 $0
2016 $1,041 $149,800 $0 $0
2015 $1,041 $149,800 $0 $0
2014 $1,041 $149,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3767427

Canopy MLS (Canopy Realtor® Association)

APN: 9633-17-7403-00000