$160,000
SOLD JUL 25, 2018

48 Olde Covington Way Arden, NC 28704

2 Beds
2 Baths
1,076 Sq Ft
$150/mo HOA Fee

Recently Sold

$149 Per Sq Ft

7% Above List Price

3 Days on Market

Highlights

  • Fireplace
  • Attached Garage
  • Walk-In Closet
  • Glen Arden Elementary School Rated A-

About This Home

As of September 2019

This bright and roomy home is ready to go! Park that car in the garage, get your furniture out of the truck and relax...nothing to be done but enjoy life. You will be close to whatever you need, can jump right onto the interstate for travel, maybe 10 minutes to the airport on a bad day...what can we say except come and get it. Fantastic 2 bedroom, 2 bath in excellent condition with large deck and kitchen, great appliances and more.

Last Agent to Sell the Property

Donna Prinz

Keller Williams Biltmore Village License #207009 Listed on: 06/14/2018

Keller Williams Biltmore Village

Co-Listed By

Pat Puckridge

Keller Williams Biltmore Village License #161223

Last Buyer's Agent

Grant Gajdosz

Keller Williams Elite Realty License #290664

Keller Williams Elite Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Laminate Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Community Details

  • Baldwin And Assoc. Association

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

$150 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.07383
  • Ratio Close Price By Original Li: 1.07383
  • Ratio Current Price By Acre: 727272.73
  • Ratio Current Price By Sq Ft: 148.70
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Disposal, Electric Range, Refrigerator, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Tile
  • Interior Amenities: Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1076
  • Total Sq Ft: 1076

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Driveway, Garage - 1 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: 150.00
  • Association Fee Frequency: Monthly
  • Complex Name: Covington Crossing
  • HOA Management Company: Baldwin and Assoc.
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Size Area: 0.220
  • Parcel Number: 9653-77-8892-00000
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 163200.00
  • Tax Location: Arden

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 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 $1,100,000 Credit Line Revolving
Previous Owner $130,000 Credit Line Revolving
Previous Owner $117,000 Purchase Money Mortgage
Previous Owner $113,600 Fannie Mae Freddie Mac
Previous Owner $28,400 Stand Alone Second
Previous Owner $119,000 Credit Line Revolving
Previous Owner $21,000 Credit Line Revolving
Previous Owner $90,400 No Value Available
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: CAR3403262

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8892-00000