NOT LISTED FOR SALE

498 Walnut Valley Pkwy Unit 126 Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $3,767,000 - $3,984,000

4 Beds
3.5 Baths
7,564 Sq Ft
$508/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $3,647,000 $482 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $21,571/month

10 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Vaulted Ceiling
  • T.C. Roberson High School Rated A
  • Mountain View
  • Outdoor Fireplace

About This Home

As of May 2023

Welcome to the ultimate in MODERN LUXURY NEW CONSTRUCTION at The Cliffs of Walnut Cove. The thoughtful architecture of this main level living home makes it ideal for enjoying a blend of indoor and outdoor living. The expansive great room with soaring ceilings opens up to gorgeous long-range mountain views and amazing entertainment spaces which include multiple decks, two stone fireplaces and an outdoor kitchen. With views of Walnut Cove that abound from multiple rooms, your guests will be ensured a most inviting stay in their full en-suite personal accommodations. From the high-end finishes, appliances and beautiful modern selections to custom built-ins and a luxurious spa-like en-suite master bath, which includes his and hers custom closets, the builder spared no expense! This home also offers a full unfinished basement and an appointed space for a future elevator. With a Cliffs membership, you can enjoy all community amenities including golf, tennis, pool, gym, and more.

Last Agent to Sell the Property

Debbie Hrncir

Allen Tate/Beverly-Hanks Asheville-Biltmore Park Brokerage Email: debbie.hrncir@allentate.com License #299632 Listed on: 08/10/2022

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Last Buyer's Agent

Lori Philips

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #178854

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.75 Acre Lot
  • Sloped Lot
  • Property is zoned R-2

HOA Fees

  • $205 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Modern Architecture
  • Stone Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Basement
  • Interior and Exterior Basement Entry
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace
  • Outdoor Kitchen

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Community Details

  • Walnut Cove Poa
  • Built by Airo Way Constr
  • The Cliffs At Walnut Cove Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9624-52-6400-00000

Home Details

Home Type

Single Family

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$205 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Modern
  • Year Built: 2022
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2023-04-28
  • Road Surface Type: Cobblestone, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 482.15
  • Attribution Contact: debbie.hrncir@allentate.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-in Features, Central Vacuum, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 4278
  • 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
  • Appliances: Dishwasher, Disposal, Exhaust Hood, Gas Cooktop, Gas Water Heater, Microwave, Oven, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Above Grade Finished Sq Ft: 4278
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Exterior Entry, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 3286
  • Fireplace Features: Great Room, Outside, Porch
  • Living Area: 7564
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • Exterior Features: Outdoor Kitchen
  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s)
  • Construction Type: Fiber Cement, Hard Stucco, Stone
  • Patio And Porch Features: Covered, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 991
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Garage

Utilities

  • Heating: Forced Air, Heat Pump, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 2455
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Walnut Cove POA
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 2455.00

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: Required

Lot Info

  • Lot Features: Sloped, Views
  • Lot Size Area: 0.75
  • Lot Size Units: Acres
  • Parcel Number: 9624-52-6400-00000
  • Development Status: Under Construction
  • Lot Size Acres: 0.75
  • Lot Size Sq Ft: 32670
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-2

Building Info

  • Builder Name: Airo Way Constr

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Omalley Michael Joseph and Omalley Priscilla Ann
Bought by
Priscilla Omalley Irrevocable Trust and Michael Omalley And First State Trust
Current Estimated Value
$3,841,693

Purchase Details

Closed on
May 22, 2024
Sold by
Gaffney Patrick M and Gaffney Katherine Z
Bought by
Omalley Michael

Purchase Details

Closed on
Mar 11, 2021
Sold by
Beasley Dan W and Beasley Deborah H
Bought by
Big Hills Construction Llc

Purchase Details

Closed on
Mar 6, 2021
Sold by
Coates David L and Coates Mellanie
Bought by
Beasley Adan W and Beasley Deborah H

Purchase Details

Closed on
Mar 4, 2021
Sold by
Coates David L and Coates Mellanie
Bought by
Beasley Dan W and Beasley Deborah H

Purchase Details

Closed on
Dec 5, 2005
Sold by
Coates David L and Coates Mellanie
Bought by
Beasley Dan W and Beasley Deborah H

Purchase Details

Closed on
Jan 20, 2004
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Coates David L and Coates Mellanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,750
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Priscilla Omalley Irrevocable Trust -- None Listed On Document
Priscilla Omalley Irrevocable Trust -- None Listed On Document
Omalley Michael $3,785,000 None Listed On Document
Big Hills Construction Llc $160,000 None Available
Big Hills Construction Llc $160,000 None Listed On Document
Beasley Adan W -- None Listed On Document
Beasley Dan W -- None Available
Beasley Dan W $510,000 --
Coates David L $349,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coates David L $261,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $3,647,000 0.0% $482 / Sq Ft
12/23/2022 12/23/22 Price Changed $3,647,000 +21.7% $482 / Sq Ft
08/10/2022 08/10/22 For Sale $2,997,000 -- $396 / 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
2024 -- $2,313,500 $279,700 $2,033,800
2023 $5,199 $872,300 $279,700 $592,600
2022 $1,229 $209,800 $209,800 $0
2021 $1,229 $209,800 $0 $0
2020 $1,322 $209,800 $0 $0
2019 $1,322 $209,800 $0 $0
2018 $1,322 $209,800 $0 $0
2017 $1,322 $237,000 $0 $0
2016 $1,647 $237,000 $0 $0
2015 $1,647 $237,000 $0 $0
2014 $1,647 $237,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3893381

Canopy MLS (Canopy Realtor® Association)

APN: 9624-52-6400-00000