NOT LISTED FOR SALE

46 Olde Covington Way Arden, NC 28704

Estimated Value: $300,000 - $342,000

2 Beds
2 Baths
1,071 Sq Ft
$303/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $282,000 $263 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,034/month

36 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Attached Garage
  • Glen Arden Elementary School Rated A-
  • Lawn
  • Built-In Features

About This Home

As of September 2022

Move right into this one level townhome in established subdivision! 2 bedroom/2 bath (one newly renovated with step-in shower), carpet replaced with laminate wood floors and fresh paint in most rooms. New water heater, new outlets and fixtures, new disposal. Eat-in kitchen with all appliances. Covered front porch and great rear deck with level fenced yard. Lawn maintenance (including inside the fence) with low HOA fees. Vaulted ceiling in spacious great room with fireplace for gas logs. See the "Improvements Sheet" in MLS. These units rarely go on the market - don't miss out - see it soon!

Last Agent to Sell the Property

LaNita Cloninger

Howard Hanna Beverly-Hanks Asheville-Downtown License #132894 Listed on: 08/08/2022

Howard Hanna Beverly-Hanks Asheville-Downtown

Last Buyer's Agent

Lynn Bolser

NextHome AVL Realty License #255157

NextHome AVL Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,255

Year Built

  • Built in 2002

Lot Details

  • Fenced
  • Lawn

HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,071 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Great Room with Fireplace
  • Crawl Space

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Linoleum
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Accessible Home Design

  • No Interior Steps
  • Ramp on the main level

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating
  • Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Covington Crossing Master Association, Phone Number (828) 684-3400
  • Covington Crossing Condos
  • Covington Crossing Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9653-77-8848-00000
  • Tax Block Phase II

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,255

Year Built

Built in 2002

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary
  • Year Built: 2002
  • Ratio Current Price By Acre: 1762500.00
  • Restrictions: Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Restrictions Description: Restrictions attached in MLS
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 263.31
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Laminate, Linoleum, Tile
  • Interior Amenities: Attic Other, Built Ins, Cable Available, Vaulted Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1071
  • 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: Back,Covered,Deck,Front
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Electric Oven, Electric Dryer Hookup, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Accessibility Features: No Interior Steps, Ramp(s)-Main Level
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room, Gas
  • Living Area: 1071
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Fence, Lawn Maintenance
  • New Construction: No
  • Roof: Composition
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 297
  • Parking Features: Attached Garage, Driveway, Garage - 1 Car

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Natural Gas
  • Laundry Features: Main Level, Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Association #2 Fee: 195
  • Association #2 Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Covington Crossing
  • Association Name: Covington Crossing Master
  • Phone: 828-684-3400
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: Required
  • HOA Management Name 2: Covington Crossing HOA
  • HOA Management Phone 2: 828-684-3400
  • CAR_YearlyHOAExpense: 2460.00

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.16
  • Lot Size Units: Acres
  • Parcel Number: 9653-77-8848-00000
  • Plat Book Slide: 84/43
  • Land Included Yn: 1
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: Phase II
  • RATIO List Price By Tax Amount: 1.49657

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
Aug 8, 2022
Closed on
Sep 9, 2022
Sold by
Mcconnell Laura C
Bought by
Paulson Kerri Michelle
Seller's Agent
LaNita Cloninger
Howard Hanna Beverly-Hanks Asheville-Downtown
Buyer's Agent
Lynn Bolser
NextHome AVL Realty
List Price
$305,000
Sold Price
$282,000
Premium/Discount to List
-$23,000
-7.54%
Current Estimated Value
$325,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,046
Avg. Annual Appreciation
4.78%
Original Mortgage
$225,600
Outstanding Balance
$215,620
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$109,426

Purchase Details

Closed on
Oct 27, 2010
Sold by
Raab Mcconnell Robert W and Raab Mcconnell Mary
Bought by
Mcconnell Laura C

Purchase Details

Closed on
Aug 13, 2010
Sold by
Federal National Mortgage Association
Bought by
Mcconnell Robert W

Purchase Details

Closed on
May 25, 2010
Sold by
Terrell Robert B
Bought by
Fannie Mae

Purchase Details

Closed on
Jul 16, 2007
Sold by
Robinson Carolyn J
Bought by
Terrell Robert B

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
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 3, 2004
Sold by
Schatz Henry K and Schatz Mary L
Bought by
Robinson Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 2002
Sold by
Covington Crossing Llc
Bought by
Schatz Henry K and Schatz Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,320
Interest Rate
6.19%
Source: Public Records

Range of Values:

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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
Paulson Kerri Michelle $282,000 --
Mcconnell Laura C $131,000 None Available
Mcconnell Robert W -- None Available
Fannie Mae $124,721 None Available
Terrell Robert B $148,000 None Available
Robinson Carolyn J $132,000 North Carolina Closing & Tit
Schatz Henry K $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paulson Kerri Michelle $225,600
Previous Owner Terrell Robert B $116,000
Previous Owner Robinson Carolyn J $100,000
Previous Owner Schatz Henry K $90,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $282,000 -7.5% $263 / Sq Ft
08/08/2022 08/08/22 For Sale $305,000 -- $285 / 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 $1,255 $203,800 $34,500 $169,300
2024 $1,255 $203,800 $34,500 $169,300
2023 $1,255 $203,800 $34,500 $169,300
2022 $597 $203,800 $0 $0
2021 $238 $203,800 $0 $0
2020 $510 $162,000 $0 $0
2019 $510 $162,000 $0 $0
2018 $510 $162,000 $0 $0
2017 $450 $131,600 $0 $0
2016 $457 $131,600 $0 $0
2015 $195 $131,600 $0 $0
2014 $217 $131,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3892488

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8848-00000