$850,000
SOLD JUN 27, 2018

581 Walnut Valley Pkwy Arden, NC 28704

Walnut Cove Neighborhood
3 Beds
3.5 Baths
2,822 Sq Ft
$145/mo HOA Fee

Recently Sold

$301 Per Sq Ft

9% Below List Price

340 Days on Market

Highlights

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

About This Home

As of July 2024

Impeccably maintained and expertly furnished. This Walnut Cove town home makes moving here so stress-free you will wonder why it took you so long to change your address. The great room opens directly to the base of a gorgeous waterfall. The Meadow HOA manages all the landscaping and even some of the home’s exterior cosmetics, so you can spend your time on more important matters, like what to order for dinner from Walnut Cove’s amazing chefs.

Last Agent to Sell the Property

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 05/27/2017

Co-Listed By

Jerry Bush

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

Last Buyer's Agent

Carol Fisk

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #201551

Howard Hanna Beverly-Hanks Asheville-Biltmore Park

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • Front Green Space
  • Irrigation
  • Lawn

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • Attached Garage
  • Brick Driveway

Home Design

  • European Architecture
  • Old World Architecture
  • Rustic Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Wood Flooring
  • Attic Fan

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Pond
  • Terrace

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9624-60-8643-00000
  • Tax Block MEADOW

Community Details

Overview

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

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Putting Green
  • Trails

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$145 per month

Parking

2

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: European, Old World, Rustic
  • Ratio Close Price By List Price: 0.96591
  • Ratio Close Price By Original Li: 0.90909
  • Ratio Current Price By Acre: 3863636.36
  • Ratio Current Price By Sq Ft: 301.20
  • Unit Floor Level: 1
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Block
  • Upper Level Sq Ft: 1062
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Gas, Disposal, Dryer, Dishwasher, Exhaust Fan, Gas Range, Refrigerator, Exhaust Hood, Natural Gas, Electric Oven
  • Fireplace Description: FAMILYRM, Fireplace Insert, Gas Logs
  • Fireplace: Yes
  • Flooring: Wood
  • H O A Management Phone: 8642382557
  • Interior Amenities: Attic Fan, Breakfast Bar, Cable Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1760
  • Total Sq Ft: 2822

Exterior Features

  • Construction: Hard Stucco, Shingle, Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Lawn Maintenance, Terrace

Garage/Parking

  • Driveway: Brick
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Fitness Center, Gated Community, Golf Course, Pond, Outdoor Pool, Putting Green, Recreation Area, Security, Tennis Court(s), Walking Trails
  • Association Fee: 1735.00
  • Association Fee Frequency: Annually
  • Complex Name: The Cliffs at Walnut Cove
  • HOA Management Company: Carlton Property Services
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Artificial Waterfall, Green Area, Level
  • Lot Size Area: 0.220
  • Parcel Number: 9624-60-8643-00000
  • Plat Book Slide: 0098 / 0052
  • Zoning: Residential
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 910900.00
  • Tax Amount Ncm: 5051.26
  • Tax Block: MEADOW
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Jul 8, 2024
Sold by
Britt Norman Howard
Bought by
Geller David R and Geller Nicole Perez
Seller's Agent
Vince Roser
The Cliffs
Buyer's Agent
Vince Roser
The Cliffs
List Price
$1,895,000
Sold Price
$1,575,000
Premium/Discount to List
-$320,000
-16.89%
Views
68
Current Estimated Value
$1,666,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,733
Avg. Annual Appreciation
4.87%

Purchase Details

Listed on
Oct 27, 2023
Closed on
Nov 27, 2023
Sold by
Burnett Jackson W and Burnett Sandra W
Bought by
Britt Norman Howard
Seller's Agent
Cary Findlay
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Vince Roser
The Cliffs
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.86%

Purchase Details

Listed on
May 27, 2017
Closed on
Jun 27, 2018
Sold by
Higgins Glen T and Higgins Debra L
Bought by
Burnett Jackson W and Burnett Sandra W
Seller's Agent
Josh Smith
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Carol Fisk
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$935,000
Sold Price
$850,000
Premium/Discount to List
-$85,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.22%
Original Mortgage
$850,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 8, 2006
Sold by
Meadow Development At Walnut Cove Llc
Bought by
Higgins Glen T and Higgins Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$871,000
Interest Rate
6.5%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $1,575,000 None Listed On Document
Warranty Deed $1,750,000 None Listed On Document
Warranty Deed $850,000 None Available
Warranty Deed $999,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $850,000 Adjustable Rate Mortgage/ARM
Previous Owner $871,000 Unknown
Previous Owner $809,219 Unknown
Previous Owner $20,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $1,575,000 -12.3% $546 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/02/2024 05/02/24 Price Changed $1,795,000 -1.6% $622 / Sq Ft
04/04/2024 04/04/24 Price Changed $1,825,000 -3.7% $632 / Sq Ft
12/29/2023 12/29/23 For Sale $1,895,000 +8.3% $657 / Sq Ft
11/30/2023 11/30/23 Sold $1,750,000 -5.4% $607 / Sq Ft
10/27/2023 10/27/23 For Sale $1,850,000 +117.6% $641 / Sq Ft
06/27/2018 06/27/18 Sold $850,000 -9.1% $301 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
05/27/2017 05/27/17 For Sale $935,000 -- $331 / 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 $6,065 $985,200 $180,100 $805,100
2023 $6,065 $894,700 $180,100 $714,600
2022 $5,243 $894,700 $0 $0
2021 $5,243 $894,700 $0 $0
2020 $5,739 $910,900 $0 $0
2019 $5,739 $910,900 $0 $0
2018 $5,739 $910,900 $0 $0
2017 $5,739 $726,800 $0 $0
2016 $5,051 $726,800 $0 $0
2015 $5,051 $726,800 $0 $0
2014 $5,051 $726,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3283339

Canopy MLS (Canopy Realtor® Association)

APN: 9624-60-8643-00000