NOT LISTED FOR SALE

48 Olde Covington Way Arden, NC 28704

Estimated Value: $301,000 - $354,000

2 Beds
2 Baths
1,077 Sq Ft
$170/mo HOA Fee

Last Sold September 27, 2019

Last sale price $191,750 $178 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,038/month

3 Days on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • Breakfast Bar
  • Glen Arden Elementary School Rated A-
  • Walk-In Closet
  • Gas Log Fireplace

About This Home

As of September 2019

This beautiful home is situated in a wonderful community in Arden. It's got a prime location between Hendersonville and Asheville. Outside you will find a spacious covered patio, back deck, and a 1-car attached garage! Upon entering, you will see a foyer leading to the spacious living room. It has a cozy gas log fireplace and vaulted ceilings. Spend your evenings unwinding in this great area! From there you will find a spacious kitchen and dining area. The kitchen has ample cabinets and counter space, built-in appliances, a pantry, and a breakfast bar. The dining area overlooks the back yard and leads you to the deck. In addition to the master suite, there is another bedroom and bathroom. The master suite is spacious with a walk-in closet and private bath. This home has everything you need in a great location! It won't last long!

Last Agent to Sell the Property

Grant Gajdosz

Keller Williams Elite Realty License #290664 Listed on: 08/20/2019

Keller Williams Elite Realty

Last Buyer's Agent

Chuck Johnson

Keller Williams Elite Realty License #243628

Keller Williams Elite Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • 9,583

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Community Details

  • Baldwin Real Estate Association, Phone Number (828) 684-3400

Listing and Financial Details

  • Assessor Parcel Number 9653-77-8892-00000

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$170 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.06528
  • Ratio Close Price By Original Li: 1.06528
  • Ratio Current Price By Acre: 871590.91
  • Ratio Current Price By Sq Ft: 178.04
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Electric Range, Refrigerator, Electric Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • H O A Management Phone: 828-684-3400
  • Interior Amenities: Breakfast Bar, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1077
  • Total Sq Ft: 1077
  • Sq Ft Unheated Main: 297
  • Sq Ft Unheated Total: 297

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Driveway, Garage - 1 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 170.00
  • Association Fee Frequency: Monthly
  • Complex Name: Covington Crossing
  • HOA Management Company: Baldwin Real Estate
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Size Area: 0.220
  • Parcel Number: 9653-77-8892-00000
  • Plat Book Slide: 82
  • Plat Reference Section Pages: 25
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 163200.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Sep 24, 2019
Sold by
Wohleben Hilliary and Wohleben Matthew
Bought by
Deking Karl Richard
Seller's Agent
Grant Gajdosz
Keller Williams Elite Realty
Buyer's Agent
Chuck Johnson
Keller Williams Elite Realty
List Price
$180,000
Sold Price
$191,750
Premium/Discount to List
$11,750
6.53%
Total Days on Market
3
Current Estimated Value
$332,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,425
Avg. Annual Appreciation
10.76%
Original Mortgage
$191,750
Outstanding Balance
$172,502
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$170,214

Purchase Details

Listed on
Jun 14, 2018
Closed on
Jul 23, 2018
Sold by
Papakonstantinou Chris and Papakonstantinou Vicki
Bought by
Parham Hiliary
Seller's Agent
Donna Prinz
Keller Williams Biltmore Village
Buyer's Agent
Grant Gajdosz
Keller Williams Elite Realty
List Price
$149,000
Sold Price
$160,000
Premium/Discount to List
$11,000
7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%
Original Mortgage
$161,616
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2007
Sold by
Longhorn Properties & Development Llc
Bought by
Papakonstantinou Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 19, 2007
Sold by
Wallin Shana and Wallin Barry
Bought by
Dillingham Ross and Dillingham Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2006
Sold by
Bode Lawrence H and Bode Dorothy C
Bought by
Wallin Shana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
7.79%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 23, 2005
Sold by
Hines Bradley S and Hines Wendy
Bought by
Bode Lawrence H and Bode Dorothy C

Purchase Details

Closed on
Aug 29, 2002
Sold by
Covington Crossing Llc
Bought by
Hines Bradley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
5.37%
Source: Public Records

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Range of Values:

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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
Deking Karl Richard $192,000 None Available
Parham Hiliary $160,000 None Available
Papakonstantinou Chris $145,000 None Available
Dillingham Ross $122,704 None Available
Wallin Shana $142,000 None Available
Bode Lawrence H $133,000 --
Hines Bradley S $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deking Karl Richard $191,750
Previous Owner Parham Hiliary $161,616
Previous Owner Papakonstantinou Chris $1,100,000
Previous Owner Papakonstantinou Chris $130,000
Previous Owner Dillingham Ross $117,000
Previous Owner Wallin Shana $113,600
Previous Owner Wallin Shana $28,400
Previous Owner Bode Lawrence H $119,000
Previous Owner Hines Bradley Scott $21,000
Previous Owner Hines Bradley S $90,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $191,750 +6.5% $178 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $180,000 +12.5% $167 / Sq Ft
07/25/2018 07/25/18 Sold $160,000 +7.4% $149 / Sq Ft
06/17/2018 06/17/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $149,000 -- $138 / 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 $1,264 $205,300 $36,000 $169,300
2022 $1,203 $205,300 $0 $0
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

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3541640

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8892-00000