NOT LISTED FOR SALE

59 Drakes Meadow Ln Arden, NC 28704

Estimated Value: $875,621 - $1,042,000

4 Beds
3.5 Baths
3,660 Sq Ft
$262/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $375,000 $102 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $5,260/month

268 Days on Market

Highlights

  • Contemporary Architecture
  • Cathedral Ceiling
  • Whirlpool Bathtub
  • Glen Arden Elementary School Rated A-
  • Wood Flooring
  • Fireplace

About This Home

As of August 2012

Wow! Another price reduction. Awesome house for $425,000.Fresh new coat of paint and resealed hardwood floors makes this beautiful custom home in desirable Drakes Meadow neighborhood now move-in ready. Spacious, open light-filled rooms, flowing floorplan, granite in kitchen, baths and laundry, trayed, coffered and vaulted ceilings, lots of storage and closets. Huge master with office or sitting room and beautiful bath.

Last Agent to Sell the Property

Kristie Frizsell

Century 21 Mountain Lifestyles License #198846 Listed on: 11/07/2011

Last Buyer's Agent

Debra Marshall

Century 21 Mountain Lifestyles License #180498

Century 21 Mountain Lifestyles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 2006

Lot Details

  • Level Lot

Parking

  • 3

Home Design

  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • Tray Ceiling
  • Cathedral Ceiling
  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Listing and Financial Details

  • Assessor Parcel Number 9664-36-4357-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,142

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.88235
  • Ratio Close Price By Original Li: 0.76375
  • Ratio Current Price By Acre: 535714.29
  • Ratio Current Price By Sq Ft: 102.46
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2160
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows, g-Insulated Door(s)
  • Equipment: Disposal, Dishwasher, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Gas Vented
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Tray Ceiling, Walk-In Closet(s), Whirlpool
  • Room Count: 4
  • Main Level Sq Ft: 1500
  • Total Sq Ft: 3660

Exterior Features

  • Construction: Hard Stucco, Stone
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 3 Car

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Features: Level, Sloping
  • Lot Size Area: 0.700
  • Parcel Number: 9664-36-4357-000
  • Plat Reference Section Pages: 4952
  • Zoning Specification: R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2011
Closed on
Aug 31, 2012
Sold by
National Residential Nominee Services
Bought by
Rothman Lisa and Harnash Carey
Seller's Agent
Kristie Frizsell
Century 21 Mountain Lifestyles
Buyer's Agent
Debra Marshall
Century 21 Mountain Lifestyles
List Price
$491,000
Sold Price
$375,000
Premium/Discount to List
-$116,000
-23.63%
Current Estimated Value
$958,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,405
Avg. Annual Appreciation
7.43%
Original Mortgage
$215,000
Outstanding Balance
$148,841
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$809,564

Purchase Details

Closed on
Dec 23, 2011
Sold by
Monahan John R and Monahan Alice S
Bought by
National Residential Nominee Services

Purchase Details

Closed on
Jun 30, 2006
Sold by
Genesis Construction Co Of Asheville Inc
Bought by
Monahan John R and Monahan Alice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,700
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 26, 2006
Sold by
Powell Duckett Land Co
Bought by
Genesis Construction Co Of Asheville Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,225
Interest Rate
6.14%
Mortgage Type
Construction
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
Rothman Lisa $375,000 --
Harnash Carey $375,000 --
National Residential Nominee Services $452,000 None Available
Monahan John R $523,000 None Available
Genesis Construction Co Of Asheville Inc $96,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rothman Lisa $215,000
Previous Owner Monahan John R $470,700
Previous Owner Genesis Construction Co Of Asheville Inc $313,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $375,000 -23.6% $102 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $491,000 -- $134 / 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 $2,142 $542,900 $67,600 $475,300
2024 $2,142 $542,900 $67,600 $475,300
2023 $2,142 $542,900 $67,600 $475,300
2022 $3,181 $542,900 $0 $0
2021 $1,681 $542,900 $0 $0
2020 $3,296 $523,100 $0 $0
2019 $3,296 $523,100 $0 $0
2018 $3,296 $523,100 $0 $0
2017 $2,796 $409,900 $0 $0
2016 $2,849 $409,900 $0 $0
2015 $2,849 $409,900 $0 $0
2014 $2,849 $409,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM509293

Canopy MLS (Canopy Realtor® Association)

APN: 9664-36-4357-00000