$370,200
SOLD DEC 28, 2021

5 Lapsley Ln Arden, NC 28704

3 Beds
2 Baths
1,450 Sq Ft
0.42 Acres

Recently Sold

$255 Per Sq Ft

2% Below List Price

31 Days on Market

Highlights

  • Pond
  • Wooded Lot
  • Cathedral Ceiling
  • T.C. Roberson High School Rated A
  • Ranch Style House
  • Recreation Facilities

About This Home

As of April 2024

Lovely ranch style 3 bedroom, 2 bath home located on a 5-home cul-de-sac in the popular subdivision of The Village at Avery’s Creek. The home features new interior and exterior paint, professional landscaping, large freshly stained private deck, 2 car garage with built in shelving and a newly installed roof as of 2/2021. The roof includes a 25-year warranty that is transferrable to the new buyer. Multiple updates in the home include new kitchen floors and granite countertops with a cast iron kitchen sink & microwaves less than 1 year. New carpet installed in each of the 3 bedrooms on Nov 2. The home also features vaulted ceilings with skylights, a wood burning fireplace and energy efficient windows. Conveniently located near park with water features and walking trails, as well as shopping outlets, Biltmore Park, restaurants and the airport. Property is not restricted to short term rentals and could possibly be used for a vacation rental. Come see the Village at Avery’s Creek today!

Last Agent to Sell the Property

Andy Gilbert

Cool Mountain Realty License #332328 Listed on: 10/08/2021

Last Buyer's Agent

Simone Snook

Fathom Realty License #311010

Fathom Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • Level Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 2

Home Design

  • Ranch Style House

Interior Spaces

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

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Pond
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9633-59-9662-00000

Community Details

Overview

  • Vac Homeowner's Association

Recreation

  • Recreation Facilities
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

HOA Fees

$32 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00325
  • Ratio Close Price By Original Li: 0.97678
  • Ratio Current Price By Acre: 881428.57
  • Ratio Current Price By Sq Ft: 255.31
  • 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: g-Insulated Door(s), Insulated Windows
  • Equipment: Microwave, Oven, Refrigerator
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Cathedral Ceiling(s), Skylight(s), Split BR Plan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1450
  • Total Sq Ft: 1450

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Pond, Recreation Area, Walking Trails
  • Association Fee: 380.00
  • Association Fee Frequency: Annually
  • HOA Management Company: VAC Homeowner's Association
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Level, Sloping, Trees, Wooded
  • Lot Size Area: 0.420
  • Parcel Number: 9633-59-9662-00000
  • Plat Reference Section Pages: 0062-0071
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 264700.00
  • Tax Location: Buncombe

MLS Schools

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

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
31
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

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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 $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: CAR3791731

Canopy MLS (Canopy Realtor® Association)

APN: 9633-59-9662-00000