NOT LISTED FOR SALE

498 Walnut Valley Pkwy Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $3,897,000 - $4,013,000

4 Beds
5.5 Baths
7,688 Sq Ft
$514/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $3,785,000 $492 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $24,756/month

104 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • T.C. Roberson High School Rated A
  • Spa
  • Mountain View

About This Home

As of May 2024

Discover this exquisite home in The Cliffs at Walnut Cove featuring year-round mountain views. Completed in 2023, this home offers a sprawling open floor plan, volume ceilings, chef's kitchen with waterfall quartzite countertops, designer lighting, spa like primary suite and 4 decks of outdoor living that include firepits, grill kitchen and hot tub. An ideal setting for generations to unite in unparalleled high-end style, including elevator. The main level offers a luxurious living experience, while the lower level extends the allure with an additional family room and 2nd full primary suites, catering to multi-generational living. The lower level also offers a spacious room for exercise, home theater or golf simulator. Whether hosting guests or enjoying quiet family moments, this home provides all the essentials for a harmonious lifestyle. Welcome to Walnut Cove, where a single membership opens doors to a world of activities and friendships across seven communities in NC and SC.

Last Agent to Sell the Property

Roseann Cioce

Walnut Cove Realty/Allen Tate/Beverly-Hanks Brokerage Email: roseann@walnutcoverealty.com License #265634 Listed on: 01/02/2024

Last Buyer's Agent

Vince Roser

The Cliffs License #261089

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • Sloped Lot
  • Property is zoned R-2

HOA Fees

  • $248 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Transitional Architecture
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1-Story Property
  • Elevator
  • Bar Fridge
  • Insulated Windows
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Laundry Room
  • Finished Basement

Kitchen

  • Convection Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Outdoor Features

  • Spa
  • Pond
  • Outdoor Kitchen

Schools

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

Utilities

  • Central Air
  • Floor Furnace
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 962452640000000

Community Details

Overview

  • Walnut Cove Poa, Phone Number (864) 238-2557
  • The Cliffs At Walnut Cove Subdivision
  • Mandatory home owners association

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0.75 Acres

HOA Fees

$248 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2023
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Road Surface Type: Brick, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 492.33
  • Geocode Confidence: High
  • Attribution Contact: roseann@walnutcoverealty.com
  • Special Features: 4098

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 4254
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Refrigerator
  • Above Grade Finished Sq Ft: 4254
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 3434
  • Door Features: Sliding Doors
  • Fireplace Features: Family Room, Living Room
  • Living Area: 7688
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Elevator, Hot Tub, Outdoor Kitchen
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s)
  • Construction Type: Stone, Wood, Other - See Remarks
  • Patio And Porch Features: Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Floor Furnace, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Inside, Main Level
  • Cooling: Central Air
  • Utilities: Underground Power Lines
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Indoor Pool, Outdoor Pool, Pond, Tennis Court(s), Walking Trails
  • Association Fee: 2975
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Walnut Cove POA
  • Phone: 864-238-2557
  • ResoAssociationFeeFrequency: Annually
  • Association Email: scarlton@carltonpropertyservices.net

Association/Amenities

  • Association Annual Expense: 2975.00

Schools

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

Lot Info

  • Lot Features: Sloped, Views
  • Lot Size Units: Acres
  • Parcel Number: 962452640000000
  • Zoning: R-2
  • Plat Book Slide: 0084
  • Plat Reference Section Pages: 0140
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-2

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
$3,950,844

Purchase Details

Listed on
Jan 2, 2024
Closed on
May 22, 2024
Sold by
Gaffney Patrick M and Gaffney Katherine Z
Bought by
Omalley Michael
Seller's Agent
Roseann Cioce
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Vince Roser
The Cliffs
List Price
$3,795,000
Sold Price
$3,785,000
Premium/Discount to List
-$10,000
-0.26%
Views
371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
May 22, 2023
Sold by
Big Hills Construction Llc
Bought by
Gaffney Patrick M and Gaffney Katherine Z

Purchase Details

Listed on
Nov 25, 2019
Closed on
Mar 11, 2021
Sold by
Beasley Dan W and Beasley Deborah H
Bought by
Big Hills Construction Llc
Seller's Agent
Rob Roland
Rob Roland Realty
Buyer's Agent
Debbie Hrncir
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$225,000
Sold Price
$160,000
Premium/Discount to List
-$65,000
-28.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.91%

Purchase Details

Listed on
Nov 25, 2019
Closed on
Mar 6, 2021
Sold by
Coates David L and Coates Mellanie
Bought by
Beasley Adan W and Beasley Deborah H
Seller's Agent
Rob Roland
Rob Roland Realty
Buyer's Agent
Debbie Hrncir
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$225,000
Sold Price
$160,000
Premium/Discount to List
-$65,000
-28.89%

Purchase Details

Listed on
Nov 25, 2019
Closed on
Mar 4, 2021
Sold by
Coates David L and Coates Mellanie
Bought by
Beasley Dan W and Beasley Deborah H
Seller's Agent
Rob Roland
Rob Roland Realty
Buyer's Agent
Debbie Hrncir
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$225,000
Sold Price
$160,000
Premium/Discount to List
-$65,000
-28.89%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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
Gaffney Patrick M $3,647,000 None Listed On Document
Big Hills Construction Llc $160,000 None Listed On Document
Big Hills Construction Llc $160,000 None Listed On Document
Beasley Adan W -- 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 List to Sale Price per Sq Ft Prior Sale
05/28/2024 05/28/24 Sold $3,785,000 -2.8% $492 / Sq Ft
04/05/2024 04/05/24 Price Changed $3,895,000 -2.0% $507 / Sq Ft
01/03/2024 01/03/24 Price Changed $3,975,000 +4.7% $517 / Sq Ft
01/02/2024 01/02/24 For Sale $3,795,000 +2271.9% $494 / Sq Ft
04/30/2021 04/30/21 Sold $160,000 -10.6% -- View Prior Sale
02/15/2021 02/15/21 Pending -- -- --
01/17/2021 01/17/21 Price Changed $179,000 -10.1% --
05/13/2020 05/13/20 Price Changed $199,000 -11.6% --
11/25/2019 11/25/19 For Sale $225,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 -- $2,313,500 $279,700 $2,033,800
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

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4086511

Canopy MLS (Canopy Realtor® Association)

APN: 9624-52-6400-00000

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