NOT LISTED FOR SALE

51 Dividing Ridge Trail Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $1,987,000 - $2,740,000

4 Beds
4.5 Baths
4,276 Sq Ft
$580/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $1,244,307 $291 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $12,268/month

225 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Wooded Lot
  • T.C. Roberson High School Rated A
  • Private Lot
  • Arts and Crafts Architecture

About This Home

As of March 2016

Wooded and Secluded this home offers wonderful privacy, views of the stream, abundance of wildlife, and true arts and crafts mountain feel. Drop right off the property and on to the 7.5 miles of hiking trails or take a quick stroll up to the 18,000 square foot wellness center. Easy access to gate, club facilities, and just minutes to the restaurants and shopping of Biltmore Park.

Last Agent to Sell the Property

Dotti Smith

Walnut Cove Realty LLC License #80894 Listed on: 05/25/2015

Last Buyer's Agent

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

Parking

  • 2

Home Design

  • Arts and Crafts Architecture
  • Cottage
  • Stone Siding

Interior Spaces

  • Cathedral Ceiling
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 9633-17-2242-00000

Community Details

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage, Arts and Crafts
  • Ratio Close Price By List Price: 0.83231
  • Ratio Close Price By Original Li: 0.78013
  • Ratio Current Price By Acre: 1110988.48
  • Ratio Current Price By Sq Ft: 291.00
  • Year Built: 2008
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Partially Finished
  • Upper Level Sq Ft: 607
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Freezer, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Exhaust Hood, Refrigerator, Wall Oven
  • Flooring: Stone, Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Garden Tub
  • Room Count: 6
  • Sq Ft Basement: 1591
  • Main Level Sq Ft: 2078
  • Total Sq Ft: 4276
  • Sq Ft Unheated Basement: 433

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Detached Garage, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Electric Hot Air, Gas Hot Air Furnace
  • Sewer: Septic Tank
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee: 1575.00

Lot Info

  • Lot Features: Private, Trees, Wooded
  • Parcel Number: 9633-17-2242-00000
  • Plat Reference Section Pages: 3896
  • Zoning Specification: R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2015
Closed on
Mar 4, 2016
Sold by
Gerson Allan and Vogtman Carol
Bought by
Mature Ronald P and Mature Paula K
Seller's Agent
Dotti Smith
Walnut Cove Realty LLC
Buyer's Agent
Josh Smith
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$1,595,000
Sold Price
$1,244,307
Premium/Discount to List
-$350,693
-21.99%
Current Estimated Value
$2,195,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$950,769
Avg. Annual Appreciation
7.32%
Original Mortgage
$994,400
Outstanding Balance
$791,223
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$1,690,393

Purchase Details

Closed on
Jan 14, 2005
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Vogtman Gerson Allan and Vogtman Gerson Carol
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
Mature Ronald P $1,243,000 None Available
Vogtman Gerson Allan $344,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mature Ronald P $994,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2016 03/07/16 Sold $1,244,307 -22.0% $291 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
05/25/2015 05/25/15 For Sale $1,595,000 -- $373 / 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
2025 $8,668 $1,275,000 $144,500 $1,130,500
2024 $8,668 $1,408,000 $144,500 $1,263,500
2023 $8,668 $1,408,000 $144,500 $1,263,500
2022 $8,251 $1,408,000 $0 $0
2021 $8,251 $1,408,000 $0 $0
2020 $7,767 $1,232,800 $0 $0
2019 $7,767 $1,232,800 $0 $0
2018 $7,767 $1,232,800 $0 $0
2017 $7,767 $853,400 $0 $0
2016 $5,931 $853,400 $0 $0
2015 $5,931 $853,400 $0 $0
2014 $5,931 $853,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM585558

Canopy MLS (Canopy Realtor® Association)

APN: 9633-17-2242-00000