NOT LISTED FOR SALE

48 Founders Way Arden, NC 28704

Lake Julian Neighborhood

Estimated Value: $364,000 - $412,277

3 Beds
2 Baths
1,260 Sq Ft
$304/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $252,000 $200 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,305/month

88 Days on Market

Highlights

  • Traditional Architecture
  • Walk-In Closet
  • Vinyl Flooring
  • T.C. Roberson High School Rated A
  • Level Lot

About This Home

As of November 2019

Awesome 3bd/2ba in desirable a quiet, yet convenient Arden neighborhood. Quick access to Airport Rd and I-26. Immaculately kept interior features NEW paint, NEW laminate floors, large living room, spacious kitchen with a pass thru to the social areas. There is a separate utility area with laundry/pantry. The large ample front porch is perfect for a porch swing and sipping ice tea. Both front and rear yards are nicely landscaped & level perfect for activities & play. Garage is a hobbyist’s dream, with 220V, room for 2 cars, plus toys, workbench & more. Stairs lead to 1100+ SF with potential bonus room living quarters. You have to see this extra space to believe it!

Last Agent to Sell the Property

Gail Satz

George Real Estate Group Inc License #287949 Listed on: 07/19/2019

Last Buyer's Agent

Martin Burson

RE/MAX Executive License #262770

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.28

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Vinyl Siding

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Attic

  • Pull Down Stairs to Attic
  • Permanent Attic Stairs

Additional Features

  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 9643-89-3461-00000

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Modular Home
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97297
  • Ratio Close Price By Original Li: 0.91636
  • Ratio Current Price By Acre: 900000.00
  • Ratio Current Price By Sq Ft: 200.00
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Foundation Details: Block, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Exhaust Hood, Electric Oven
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Interior Amenities: Attic Stairs Fixed, Attic Stairs Pulldown, Built-Ins, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1260
  • Total Sq Ft: 1260
  • Sq Ft Unheated Main: 1155
  • Sq Ft Unheated Total: 1155

Exterior Features

  • Construction: Vinyl
  • Construction Type: Off Frame Modular

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 220.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Avery's Creek/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.280
  • Parcel Number: 9643-89-3461-00000
  • Zoning Specification: EMP

Tax Info

  • Tax Value: 200800.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Nov 11, 2019
Sold by
Christopher Gary Allen and Christopher Joy Ellen
Bought by
Loy Phillip Rush
Seller's Agent
Gail Satz
George Real Estate Group Inc
Buyer's Agent
Martin Burson
RE/MAX Executive
List Price
$275,000
Sold Price
$252,000
Premium/Discount to List
-$23,000
-8.36%
Current Estimated Value
$391,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,163
Avg. Annual Appreciation
8.63%
Original Mortgage
$242,991
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Closed on
Nov 23, 2004
Sold by
The Meadows Of Bradley Branch Llc
Bought by
Ellen Christopher Gary Allen and Ellen Christopher Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
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
Loy Phillip Rush $252,000 None Available
Ellen Christopher Gary Allen $134,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loy Phillip Rush $240,435
Closed Loy Phillip Rush $242,991
Previous Owner Christopher Gary Allen $107,000
Previous Owner Christopher Gary Allen $115,654
Previous Owner Christopher Gary A $121,600
Previous Owner Christopher Gary A $5,000
Previous Owner Ellen Christopher Gary Allen $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $252,000 -2.7% $200 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/07/2019 10/07/19 Price Changed $259,000 -2.3% $206 / Sq Ft
08/28/2019 08/28/19 Price Changed $265,000 -3.6% $210 / Sq Ft
07/19/2019 07/19/19 For Sale $275,000 -- $218 / 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 $1,527 $248,100 $36,400 $211,700
2022 $1,454 $248,100 $0 $0
2021 $1,454 $248,100 $0 $0
2020 $1,265 $200,800 $0 $0
2019 $1,265 $200,800 $0 $0
2018 $1,265 $200,800 $0 $0
2017 $1,265 $149,100 $0 $0
2016 $1,036 $149,100 $0 $0
2015 $1,036 $149,100 $0 $0
2014 $1,036 $149,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gail Satz

    George Real Estate Group Inc

    (828) 606-2634

    58 Total Sales

    Section Image
  • Martin Burson

    Buyer's Agent in 2019

    Martin Burson

    RE/MAX Executives Charlotte, NC

    (828) 506-3373

    122 Total Sales

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3530431

Canopy MLS (Canopy Realtor® Association)

APN: 9643-89-3461-00000

North Carolina Buncombe County Arden 28704 Lake Julian

48 Founders Way, Arden, NC

This home is located at 48 Founders Way, Arden, NC 28704 since 19 July 2019 and is currently estimated at $383,569, approximately $304 per square foot. This property was built in 2004. 48 Founders Way is a home located in Buncombe County with nearby schools including T.C. Roberson High School, Avery's Creek Elementary School, and Koontz Intermediate School.

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