$162,000
SOLD MAR 26, 2013

5 Lapsley Ln Arden, NC 28704

3 Beds
2 Baths
1,450 Sq Ft
0.42 Acres

Recently Sold

$112 Per Sq Ft

19% Below List Price

307 Days on Market

Highlights

  • Contemporary Architecture
  • Cathedral Ceiling
  • Skylights
  • T.C. Roberson High School Rated A
  • Wood Flooring
  • Fireplace

About This Home

As of April 2024

3 bedroom 2 bath home on 5 home cul-de-sac off Brevard Road. Estate sale being sold "as is", subject to judicial sales rules.

Last Agent to Sell the Property

Dave Couch

Century 21 Mountain Lifestyles License #183533 Listed on: 05/02/2012

Last Buyer's Agent

Dave Couch

Century 21 Mountain Lifestyles License #183533 Listed on: 05/02/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,932

Year Built

  • Built in 1994

Lot Details

  • Fenced
  • Many Trees

Parking

  • 2

Home Design

  • Contemporary Architecture
  • Ranch Style House

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9633.59.9662

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,932

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Contemporary, Ranch
  • Ratio Close Price By List Price: 0.95858
  • Ratio Close Price By Original Li: 0.81020
  • Ratio Current Price By Acre: 385714.29
  • Ratio Current Price By Sq Ft: 111.72
  • Year Built: 1994
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, g-Insulated Door(s)
  • Equipment: Ceiling Fan(s), Disposal, Dryer, Dishwasher, Electric Range, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Gas Unvented
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Wood
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Skylight(s), Split BR Plan, Walk-In Closet(s), Attic Stairs Pulldown
  • Room Count: 2
  • Main Level Sq Ft: 1450
  • Total Sq Ft: 1450

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Fenced
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Association Fee: 225.00

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Sloping, Steep, Trees
  • Lot Size Area: 0.420
  • Parcel Number: 9633.59.9662
  • Plat Reference Section Pages: 4699
  • Zoning Specification: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 5, 2024
Sold by
Sink Linda S
Bought by
Franz Stephanie Ann
Seller's Agent
Simone Snook
Fathom Realty
Buyer's Agent
Ryan Mccullough
Nest Realty Asheville
List Price
$449,000
Sold Price
$433,000
Premium/Discount to List
-$16,000
-3.56%
Total Days on Market
307
Views
136
Current Estimated Value
$441,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,991
Avg. Annual Appreciation
1.82%
Original Mortgage
$374,000
Outstanding Balance
$368,482
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$73,509

Purchase Details

Listed on
Oct 8, 2021
Closed on
Dec 28, 2021
Sold by
Taye Cheikh Ibrahima and Taye Gwendolyn Anita
Bought by
Sink Linda S
Seller's Agent
Andy Gilbert
Cool Mountain Realty
Buyer's Agent
Simone Snook
Fathom Realty
List Price
$379,000
Sold Price
$370,200
Premium/Discount to List
-$8,800
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$316,054
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2012
Closed on
Mar 9, 2013
Sold by
Monroe Martin Charles
Bought by
Taye Cheikh Ibrahimma and Taye Gwendolyn Anita
Seller's Agent
Dave Couch
Century 21 Mountain Lifestyles
Buyer's Agent
Dave Couch
Century 21 Mountain Lifestyles
List Price
$199,950
Sold Price
$162,000
Premium/Discount to List
-$37,950
-18.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$163,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2009
Sold by
Burns Eric T and Burns Greta B
Bought by
Perry James E

Purchase Details

Closed on
Oct 12, 2004
Sold by
Burns Eric T and Burns Melissa A
Bought by
Burns Eric T

Purchase Details

Closed on
Jul 16, 2002
Sold by
Keller Walter R
Bought by
Burns Eric T and Burns Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
8.3%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $433,000 None Listed On Document
Warranty Deed $370,500 None Available
Special Warranty Deed $162,000 None Available
Warranty Deed $193,000 None Available
Interfamily Deed Transfer -- --
Warranty Deed $133,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $374,000 New Conventional
Previous Owner $316,054 New Conventional
Previous Owner $255,000 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $195,000 Adjustable Rate Mortgage/ARM
Previous Owner $163,000 Adjustable Rate Mortgage/ARM
Previous Owner $174,300 Unknown
Previous Owner $169,600 Balloon
Previous Owner $106,400 No Value Available
Previous Owner $12,000 Credit Line Revolving
Closed $26,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $433,000 -3.6% $308 / Sq Ft
02/15/2024 02/15/24 For Sale $449,000 +21.3% $320 / Sq Ft
12/28/2021 12/28/21 Sold $370,200 +0.3% $255 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/03/2021 11/03/21 Price Changed $369,000 -2.6% $254 / Sq Ft
10/08/2021 10/08/21 For Sale $379,000 +134.0% $261 / Sq Ft
03/26/2013 03/26/13 Sold $162,000 -19.0% $112 / Sq Ft
03/05/2013 03/05/13 Pending -- -- --
05/02/2012 05/02/12 For Sale $199,950 -- $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 $1,932 $313,800 $40,300 $273,500
2022 $1,839 $313,800 $0 $0
2021 $1,551 $264,700 $0 $0
2020 $1,355 $215,000 $0 $0
2019 $1,355 $215,000 $0 $0
2018 $1,355 $215,000 $0 $0
2017 $1,355 $206,500 $0 $0
2016 $1,435 $206,500 $0 $0
2015 $1,435 $206,500 $0 $0
2014 $1,435 $206,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM517899

Canopy MLS (Canopy Realtor® Association)

APN: 9633-59-9662-00000