$325,000
$25K PRICE DROP

48 Olde Covington Way Unit N-2 Arden, NC 28704

Estimated payment $2,056/month

Total Views 45
2 Beds
2 Baths
1,077 Sq Ft
$302 Price per Sq Ft

Highlights

  • Popular Property
  • Deck
  • Covered Patio or Porch
  • Glen Arden Elementary School Rated A-
  • End Unit
  • 1 Car Attached Garage

About This Home

This thoughtfully updated townhome in the great neighborhood of Covington Crossing has been immaculately maintained and thoughtfully updated with new kitchen appliances, quartz countertops, laminate flooring, updated cabinets and bathroom remodels within the past 3 years. New carpeting in bedrooms in last 2 years. No pets or children in the home so carpet is like new. Driveway sealed and new roof installed in 2024. Convenient to everything that Arden has to offer, while being tucked away from it all. Many wonderful neighbors here!

Listing Agent

Karl DeKing

Nexus Realty LLC Brokerage Phone: 828-585-2188 License #340006 Listed on: 10/17/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 93' x 95'
  • End Unit

HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • 1 Open Parking Space

Home Design

  • Entry on the 1st floor
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,077 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Entrance Foyer
  • Great Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Electric Range
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer

Home Security

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heat Pump System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9653-77-8892-00000

Community Details

Overview

  • Two Trails Property Management Association, Phone Number (828) 696-2173
  • Covington Crossing Subdivision
  • Mandatory home owners association

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,264

Year Built

Built in 2002

Lot Details

0

HOA Fees

$233 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2002
  • Restrictions: Architectural Review,Livestock Restriction,No Representation,Short Term Rental Allowed
  • Special Assessment Yn: 1
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: STR allowed, but only 2 spots available as of 10/09/2025.
  • Special Assessment Description: $84 additional per month-Will be paid off by seller at closing
  • Proposed Special Assessment Desc: N/A
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 301.76
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: 828-585-2188
  • Special Features: OpenHouse

Interior Features

  • Foundation Details: Crawl Space
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Entrance Foyer, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1077
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Range, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, Exhaust Fan, Exhaust Hood, Gas Water Heater, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Refrigerator with Ice Maker, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 1077
  • Accessibility Features: Two or More Access Exits, No Interior Steps
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Screen Door(s)
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 1077
  • Window Features: Insulated Window(s), Storm Window(s)
  • Bedroom Main: 2
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Exclusions: Washer and Dryer do not convey
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Deck, Front Porch, Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Faces Front

Utilities

  • Heating: Central, Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Utility Room, Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Utilities: Cable Available, Electricity Connected, Natural Gas, Underground Power Lines, Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 157
  • Association Fee Frequency: Annually
  • Association #2 Fee: 220
  • Association #2 Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Two Trails Property Management
  • Association Name: Two Trails Property Management
  • Association Phone #2: 828-696-2173
  • Phone: 828-696-2173
  • Association: Yes
  • Association Email: sbrannon@twotrailsllc.com

Association/Amenities

  • Association Annual Expense: 2797.00
  • Association Email 2: sbrannon@twotrailsllc.com

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: Required

Lot Info

  • Lot Features: End Unit
  • Lot Size Units: Acres
  • Parcel Number: 9653-77-8892-00000
  • Land Included Yn: 1
  • Development Status: Completed
  • Lot Size: 93' X 95'
  • Additional Parcels: No
  • Zoning Specification: R-2

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,264 $205,300 $36,000 $169,300
2024 $1,264 $205,300 $36,000 $169,300
2023 $1,264 $205,300 $36,000 $169,300
2022 $1,203 $205,300 $36,000 $169,300
2021 $1,203 $205,300 $0 $0
2020 $1,028 $163,200 $0 $0
2019 $1,028 $163,200 $0 $0
2018 $1,028 $163,200 $0 $0
2017 $1,028 $132,800 $0 $0
2016 $923 $132,800 $0 $0
2015 $923 $132,800 $0 $0
2014 $923 $132,800 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 For Sale $325,000 0.0% $302 / Sq Ft
10/15/2025 10/15/25 Price Changed $325,000 -6.9% $302 / Sq Ft
10/15/2025 10/15/25 Price Changed $349,000 -- $324 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $192,000 None Available
Warranty Deed $160,000 None Available
Warranty Deed $145,000 None Available
Trustee Deed $122,704 None Available
Warranty Deed $142,000 None Available
Warranty Deed $133,000 --
Warranty Deed $113,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,750 Adjustable Rate Mortgage/ARM
Previous Owner $161,616 New Conventional
Previous Owner $117,000 Purchase Money Mortgage
Previous Owner $113,600 Fannie Mae Freddie Mac
Previous Owner $28,400 Stand Alone Second
Previous Owner $90,400 No Value Available
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4311026

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8892-00000