$1,750,000
SOLD NOV 30, 2023

581 Walnut Valley Pkwy Arden, NC 28704

Walnut Cove Neighborhood
3 Beds
3.5 Baths
2,884 Sq Ft
$912/mo HOA Fee

Recently Sold

$607 Per Sq Ft

5% Below List Price

3 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Pond
  • T.C. Roberson High School Rated A
  • Clubhouse
  • Transitional Architecture

About This Home

As of July 2024

Welcome to The Meadow at The Cliffs in Walnut Cove, where serenity and world-class amenities offer a luxurious mountain lifestyle. Whether you're seeking a primary residence or a 'lock and leave' option, this peaceful townhome seamlessly combines mountain charm with refined features. Recently updated with custom cabinetry and wall finishes, the great room opens to the foot of a tranquil waterfall. The open-concept layout includes a spacious great room with stone fireplace, chef's island in the kitchen, an exquisite primary suite, powder room, and laundry facilities. This meticulously maintained 3-bedroom, 3.5-bathroom townhome boasts cathedral ceilings, hardwood floors, and expansive glass sliders that effortlessly connect the indoor living space to the outdoor patio. Upstairs, you'll find two guest suites and a separate living area. The Meadow Homeowners' Association oversees landscaping, common area maintenance, property management, and some exterior upkeep. Membership available.

Last Agent to Sell the Property

Cary Findlay

Walnut Cove Realty/Allen Tate/Beverly-Hanks Brokerage Email: cary@walnutcoverealty.com License #290648 Listed on: 10/27/2023

Last Buyer's Agent

Vince Roser

The Cliffs License #261089

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,065

Year Built

  • Built in 2006

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Gas Cooktop
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Schools

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

Utilities

  • Central Air
  • Floor Furnace

Additional Features

  • Accessible Elevator Installed
  • Pond

Listing and Financial Details

  • Assessor Parcel Number 962460864300000

Community Details

Overview

  • Walnut Cove Poa, Phone Number (864) 238-2557
  • The Cliffs At Walnut Cove Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Putting Green
  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,065

Year Built

Built in 2006

Lot Details

0

HOA Fees

$912 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Transitional
  • Year Built: 2006
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Road Surface Type: Brick, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 606.80
  • Geocode Confidence: High
  • Attribution Contact: cary@walnutcoverealty.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Elevator
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1795
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1089
  • Appliances: Gas Cooktop, Refrigerator
  • Above Grade Finished Sq Ft: 2884
  • Accessibility Features: Elevator
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 2884
  • Bedroom Main: 1
  • Room Count: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Elevation: 2000
  • Construction Type: Stone, Wood

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Floor Furnace
  • Sewer: Public Sewer
  • Laundry Features: Inside, Main Level
  • Cooling: Central Air
  • Utilities: Underground Power Lines
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Hot Tub, Indoor Pool, Outdoor Pool, Pond, Putting Green, Tennis Court(s), Walking Trails
  • Association Fee: 2695
  • Association Fee Frequency: Annually
  • Association #2 Fee: 2062.02
  • Association #2 Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Walnut Cove POA
  • Phone: 864-238-2557
  • ResoAssociationFeeFrequency: Annually
  • Association Email: scarlton@carltonpropertyservices.net

Association/Amenities

  • Association Annual Expense: 10943.08

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: Required

Lot Info

  • Lot Features: Pond(s)
  • Lot Size Area: 0.22
  • Lot Size Units: Acres
  • Parcel Number: 962460864300000
  • Zoning: R-2
  • Plat Book Slide: 0098
  • Plat Reference Section Pages: 0052
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-2

MLS Schools

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

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: 4080408

Canopy MLS (Canopy Realtor® Association)

APN: 9624-60-8643-00000