NOT LISTED FOR SALE

572 Walnut Valley Pkwy Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $1,929,000 - $2,661,000

4 Beds
4.5 Baths
4,039 Sq Ft
$575/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $1,450,000 $359 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $13,763/month

323 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • T.C. Roberson High School Rated A
  • Gated Community
  • Clubhouse

About This Home

As of March 2020

Enjoy breathtaking views of the Jack Nicklaus signature golf course of Walnut Cove as well as longer range views of the eastern mountains. Old English country architectural style meets maintenance free luxury living in The Meadow enclave at Walnut Cove. Granite counters everywhere, commercial-grade kitchen, phantom screened patio and main-floor living make this the perfect full time residence or seasonal retreat. Full Golf membership available.

Last Agent to Sell the Property

Lee Swing

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #168189 Listed on: 03/19/2019

Co-Listed By

Jerry Bush

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #296768

Last Buyer's Agent

Roseann Cioce

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #265634

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.48

HOA Fees

Parking

  • Brick Driveway

Home Design

  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace
  • Wood Flooring
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Pond

Listing and Financial Details

  • Assessor Parcel Number 962460992500000
  • Tax Block MDW

Community Details

Overview

  • Carlton Property Services Association, Phone Number (864) 238-2557

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$675 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 0.90767
  • Ratio Close Price By Original Li: 0.86567
  • Ratio Current Price By Acre: 3020833.33
  • Ratio Current Price By Sq Ft: 359.00
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Concrete
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Cooktop Gas, Refrigerator
  • Fireplace Description: Great Room, Porch
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • H O A Management Phone: 864-238-2557
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 1788
  • Main Level Sq Ft: 2251
  • Total Sq Ft: 4039
  • Sq Ft Unheated Basement: 492
  • Sq Ft Unheated Total: 492

Exterior Features

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

Garage/Parking

  • Driveway: Brick
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Hot Tub, Pond, Outdoor Pool, Security, Tennis Court(s), Walking Trails
  • Association Fee: 1896.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Carlton Property Services
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 1550.00
  • Association #2 Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Features: Long Range View, On Golf Course, Year Round View
  • Lot Size Area: 0.480
  • Parcel Number: 962460992500000
  • Plat Book Slide: 0123
  • Plat Reference Section Pages: 0169
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 1422300.00
  • Tax Block: MDW
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Mar 9, 2020
Sold by
Tait Investments Llc
Bought by
Harrison John W and Harrison Patricia D
Seller's Agent
Lee Swing
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Roseann Cioce
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$1,675,000
Sold Price
$1,450,000
Premium/Discount to List
-$225,000
-13.43%
Current Estimated Value
$2,320,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$870,720
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
Dec 15, 2016
Sold by
Tait William G and Tait Barbara P
Bought by
Tait Investments Llc

Purchase Details

Listed on
Mar 24, 2015
Closed on
Oct 30, 2015
Sold by
Northeast Florida Property Management Ll
Bought by
Tait William G and Tait Barbara P
Seller's Agent
Roseann Cioce
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Lee Swing
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$1,495,000
Sold Price
$1,275,000
Premium/Discount to List
-$220,000
-14.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%

Purchase Details

Listed on
Mar 2, 2011
Closed on
Oct 7, 2013
Sold by
Nagula Diwakar and Harris Kayce
Bought by
Northeast Florida Property Management Ll and 572 Walnut Valley Parkway Land Trust
Seller's Agent
Kyle Olinger
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Alan Kellam
Coldwell Banker Advantage
List Price
$2,095,000
Sold Price
$1,200,000
Premium/Discount to List
-$895,000
-42.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$840,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 2, 2011
Closed on
Aug 16, 2013
Sold by
Rich Lawrence and Rich Kathleen
Bought by
Nagula Diwakar
Seller's Agent
Kyle Olinger
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Alan Kellam
Coldwell Banker Advantage
List Price
$2,095,000
Sold Price
$1,200,000
Premium/Discount to List
-$895,000
-42.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 21, 2006
Sold by
The Meadow Development Walnut Cove Llc
Bought by
Rich Lawrence S and Rich Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,571,292
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Harrison John W $1,450,000 None Available
Tait Investments Llc -- None Available
Tait William G $1,275,000 None Available
Northeast Florida Property Management Ll -- None Available
Nagula Diwakar $1,200,000 None Available
Rich Lawrence S $2,195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nagula Diwakar $840,000
Previous Owner Rich Lawrence S $1,571,292
Previous Owner Rich Lawrence S $1,571,292
Previous Owner The Meadow Development Walnut Cove Llc $115,750
Previous Owner The Meadow Development Walnut Cove Llc $1,415,509
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $1,450,000 -9.2% $359 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
10/28/2019 10/28/19 Price Changed $1,597,500 -4.6% $396 / Sq Ft
03/19/2019 03/19/19 For Sale $1,675,000 +31.4% $415 / Sq Ft
10/30/2015 10/30/15 Sold $1,275,000 -14.7% $323 / Sq Ft
10/17/2015 10/17/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $1,495,000 +24.6% $378 / Sq Ft
08/19/2013 08/19/13 Sold $1,200,000 -42.7% $319 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
03/02/2011 03/02/11 For Sale $2,095,000 -- $558 / 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
2024 $8,687 $1,411,200 $341,000 $1,070,200
2023 $8,687 $1,411,200 $341,000 $1,070,200
2022 $8,270 $1,411,200 $0 $0
2021 $8,270 $1,411,200 $0 $0
2020 $8,960 $1,422,300 $0 $0
2019 $8,960 $1,422,300 $0 $0
2018 $8,960 $1,422,300 $0 $0
2017 $8,960 $1,171,000 $0 $0
2016 $8,138 $1,171,000 $0 $0
2015 $7,807 $1,123,300 $0 $0
2014 $7,807 $1,123,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3485741

Canopy MLS (Canopy Realtor® Association)

APN: 9624-60-9925-00000