$165,000
SOLD APR 5, 2019

504 Olde Covington Way Unit 504 Arden, NC 28704

3 Beds
2.5 Baths
1,400 Sq Ft
$177/mo HOA Fee

Recently Sold

$118 Per Sq Ft

13% Below List Price

150 Days on Market

Highlights

  • Open Floorplan
  • Fireplace
  • Tile Flooring
  • Glen Arden Elementary School Rated A-
  • Attached Garage

About This Home

As of September 2021

Move in and start enjoying life in this newly redone home in Arden. New paint throughout, new floors, and new appliances. Close to shopping, airport, and interstates. Anything you need for easy living.

Last Agent to Sell the Property

Donna Prinz

Keller Williams Biltmore Village License #207009 Listed on: 08/24/2018

Keller Williams Biltmore Village

Co-Listed By

Pat Puckridge

Keller Williams Biltmore Village License #161223

Last Buyer's Agent

Rob Price

Keller Williams Professionals License #257109

Keller Williams Professionals

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

HOA Fees

  • $177 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Fireplace

Flooring

  • Tile
  • Vinyl

Community Details

  • Baldwin Real Estate Association

Listing and Financial Details

  • Assessor Parcel Number 9653-77-8695-CE504

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$177 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.91718
  • Ratio Close Price By Original Li: 0.82541
  • Ratio Current Price By Sq Ft: 117.86
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 846
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Open Floorplan
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 554
  • Total Sq Ft: 1400

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 1 Car, Parking Space - 1

Utilities

  • Heating: Heat Pump - AC
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 177.00
  • Association Fee Frequency: Monthly
  • Complex Name: Covington Crossing
  • HOA Management Company: Baldwin Real Estate
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Glen Arden/Koontz
  • Middle School: Cane Creek
  • High School: T.C. Roberson

Lot Info

  • Parcel Number: 9653-77-8695-CE504
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 134000.00
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 3, 2021
Sold by
Johnson Gary Edward and Johnson Myra O
Bought by
Davis Mackenzie Bear
Seller's Agent
Corky Cordell
Cordell Realty LLC
Buyer's Agent
Bob Gilkeson
RE/MAX Executive
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Total Days on Market
150
Current Estimated Value
$293,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,956
Avg. Annual Appreciation
8.80%

Purchase Details

Listed on
Aug 24, 2018
Closed on
Mar 5, 2019
Sold by
Papakonstantinou Chris and Papakonstantinou Vicky
Bought by
Johnson Gary Edward and Johnson Myra O Kelley
Seller's Agent
Donna Prinz
Keller Williams Biltmore Village
Buyer's Agent
Rob Price
Keller Williams Professionals
List Price
$189,900
Sold Price
$165,000
Premium/Discount to List
-$24,900
-13.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%
Original Mortgage
$123,750
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 18, 2007
Sold by
Helmuth Tracey L
Bought by
Papakonstantinou Chris

Purchase Details

Closed on
Feb 26, 2003
Sold by
Covington Crossing Llc
Bought by
Mcgowan Edward J and Mcgowan Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,739
Interest Rate
5.95%
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 $225,000 None Available
Warranty Deed $165,000 None Available
Warranty Deed $141,000 None Available
Warranty Deed $96,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $123,750 Adjustable Rate Mortgage/ARM
Previous Owner $1,100,000 Credit Line Revolving
Previous Owner $1,088,653 New Conventional
Previous Owner $111,625 Unknown
Previous Owner $95,739 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $225,000 -4.3% $161 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $235,000 +42.4% $168 / Sq Ft
04/05/2019 04/05/19 Sold $165,000 -8.3% $118 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
01/18/2019 01/18/19 Price Changed $179,900 -2.8% $129 / Sq Ft
11/30/2018 11/30/18 Price Changed $185,000 -2.6% $132 / Sq Ft
11/06/2018 11/06/18 Price Changed $189,900 0.0% $136 / Sq Ft
11/06/2018 11/06/18 For Sale $189,900 +2.6% $136 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
09/19/2018 09/19/18 Price Changed $185,000 -2.6% $132 / Sq Ft
09/07/2018 09/07/18 Price Changed $189,900 -5.0% $136 / Sq Ft
08/24/2018 08/24/18 For Sale $199,900 -- $143 / 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 $1,080 $175,500 $0 $175,500
2022 $1,028 $175,500 $0 $0
2021 $1,028 $175,500 $0 $0
2020 $879 $139,500 $0 $0
2019 $844 $134,000 $0 $0
2018 $844 $134,000 $0 $0
2017 $844 $120,300 $0 $0
2016 $836 $0 $0 $0
2015 $836 $120,300 $0 $0
2014 $836 $120,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3427487

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8695-CE504