$224,500
SOLD DEC 4, 2015

5 Olde Covington Way Arden, NC 28704

3 Beds
2.5 Baths
1,644 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

2% Below List Price

43 Days on Market

Highlights

  • Bamboo Flooring
  • Fenced
  • Level Lot
  • Glen Arden Elementary School Rated A-

About This Home

As of May 2025

Move-in Ready!! Come view this beautiful home in well established subdivision. Lovely bamboo floors, new appliances, and a great backyard. Wonderful bonus room too! Very convenient location! This one won't last long! OTHER ITEMS TO CONVEY: metal pergola, fire pit, benches, bird houses in back yard.

Last Agent to Sell the Property

Ameliah Davidson

GreyBeard Realty License #275365 Listed on: 08/28/2015

Last Buyer's Agent

Stefany Mills

Dwell Realty Group License #277483

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,447

Year Built

  • Built in 2003

Lot Details

  • Fenced
  • Level Lot

Parking

  • 2

Home Design

  • Slab Foundation
  • Vinyl Siding

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 9653-78-6725-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,447

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.99822
  • Ratio Close Price By Original Li: 0.98035
  • Ratio Current Price By Acre: 1181578.95
  • Ratio Current Price By Sq Ft: 136.56
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 932
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Gas Vented
  • Flooring: Bamboo, Tile, Carpet
  • Room Count: 4
  • Main Level Sq Ft: 712
  • Total Sq Ft: 1644

Exterior Features

  • Construction: Vinyl
  • Exterior Features: Fenced
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Association Fee: 115.00

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.190
  • Parcel Number: 9653-78-6725-00000
  • Plat Reference Section Pages: 3236
  • Zoning Specification: R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2025
Closed on
Apr 29, 2025
Sold by
Baiao Fernanda and Baiao Guilherme
Bought by
Dove Haley and Dove Steven
Seller's Agent
Leandro Roselli
Nest Realty Asheville
Buyer's Agent
Mindy Coward
Nexus Realty LLC
List Price
$449,000
Sold Price
$435,000
Premium/Discount to List
-$14,000
-3.12%
Views
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
4.92%
Original Mortgage
$401,276
Outstanding Balance
$400,572
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$38,625

Purchase Details

Listed on
Aug 28, 2015
Closed on
Dec 2, 2015
Sold by
Singleton Tracy Lyn
Bought by
Baiao Guilherme and Baiao Fernanda
Seller's Agent
Ameliah Davidson
GreyBeard Realty
Buyer's Agent
Stefany Mills
Dwell Realty Group
List Price
$229,000
Sold Price
$224,500
Premium/Discount to List
-$4,500
-1.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$6,532
Interest Rate
3.91%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Aug 27, 2007
Sold by
Dillingham Ross A and Dillingham Melissa
Bought by
Longhorn Properties & Development Llc

Purchase Details

Closed on
May 30, 2003
Sold by
Covington Crossing Llc
Bought by
Singleton Tracy Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,100
Interest Rate
5.79%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $435,000 None Listed On Document
Warranty Deed $435,000 None Listed On Document
Warranty Deed $224,500 None Available
Warranty Deed -- None Available
Warranty Deed $137,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $401,276 New Conventional
Closed $401,276 New Conventional
Previous Owner $213,500 New Conventional
Previous Owner $6,532 Second Mortgage Made To Cover Down Payment
Previous Owner $217,765 New Conventional
Previous Owner $137,100 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $435,000 -2.2% $251 / Sq Ft
02/20/2025 02/20/25 Price Changed $445,000 -0.9% $257 / Sq Ft
02/01/2025 02/01/25 For Sale $449,000 +100.0% $259 / Sq Ft
12/04/2015 12/04/15 Sold $224,500 -2.0% $137 / Sq Ft
10/10/2015 10/10/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $229,000 -- $139 / 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 $1,447 $235,000 $35,300 $199,700
2022 $1,377 $235,000 $0 $0
2021 $1,377 $235,000 $0 $0
2020 $1,356 $215,300 $0 $0
2019 $1,356 $215,300 $0 $0
2018 $1,356 $215,300 $0 $0
2017 $1,356 $171,900 $0 $0
2016 $1,195 $171,900 $0 $0
2015 $1,195 $171,900 $0 $0
2014 $1,195 $171,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM592883

Canopy MLS (Canopy Realtor® Association)

APN: 9653-78-6725-00000