NOT LISTED FOR SALE

606 Olde Covington Way Unit 606 Arden, NC 28704

Estimated Value: $279,000 - $296,016

3 Beds
2.5 Baths
1,358 Sq Ft
$177/mo HOA Fee

Last Sold June 14, 2019

Last sale price $173,000 $127 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,789/month

5 Days on Market

Highlights

  • Open Floorplan
  • Storm Doors
  • Level Lot
  • Glen Arden Elementary School Rated A-
  • Many Trees
  • Vinyl Flooring

About This Home

As of June 2019

LUCKY YOU! Affordable, comfortable, well-maintained condo in a fantastic South Asheville location. Super convenient to shopping, schools, airport, yet quiet and off the beaten path. Enjoy an open floor plan, a bright overall feel, with tasteful updates and colors. In a friendly neighborhood, on a peaceful cul-de-sac, you'll be so close to the trails and fields of Fletcher Park, the dining and entertainment of Biltmore Park Town Center, and all that Asheville, Hendersonville, and the Blue Ridge Parkway has to offer! Move-in ready, just for you!

Last Agent to Sell the Property

Rachel Acker

Nest Realty Asheville License #215233 Listed on: 05/10/2019

Nest Realty Asheville

Last Buyer's Agent

David Gregg

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #248481

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • Many Trees

HOA Fees

Parking

  • 1

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace

Flooring

  • Laminate
  • Vinyl

Home Security

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9653778695CF606

Community Details

Overview

  • Master Association, Phone Number (828) 684-3400

Security

  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$177 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98857
  • Ratio Close Price By Original Li: 0.98857
  • Ratio Current Price By Sq Ft: 127.39
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 804
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Entry Level: Main
  • Equipment: Cooktop Electric, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Fireplace Description: FAMILYRM, Gas Logs, Gas Unvented
  • Fireplace: Yes
  • Fixture Exception Description: curtains, curtain rods, and hardware
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Tile, Vinyl
  • H O A Management Phone: 828-684-3400
  • Interior Amenities: Cable Available, Open Floorplan
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 554
  • Total Sq Ft: 1358
  • Sq Ft Unheated Main: 294
  • Sq Ft Unheated Total: 294

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Garage - 1 Car, Garage Door Opener, Parking Space - 2

Utilities

  • Heating: Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 115.00
  • Association Fee Frequency: Annually
  • Complex Name: Covington Crossing
  • HOA Management Company: Master Association
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 167.00
  • Association #2 Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Level, Trees
  • Parcel Number: 9653778695CF606
  • Plat Book Slide: 86/152
  • Plat Reference Section Pages: 0152
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 134000.00
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Jun 11, 2019
Sold by
Nettles Kylie Stewart and Nettles Christopher
Bought by
Ellis Darrell and Ellis Pamela
Seller's Agent
Rachel Acker
Nest Realty Asheville
Buyer's Agent
David Gregg
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$175,000
Sold Price
$173,000
Premium/Discount to List
-$2,000
-1.14%
Total Days on Market
5
Current Estimated Value
$287,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,504
Avg. Annual Appreciation
9.59%

Purchase Details

Listed on
Jun 15, 2016
Closed on
Sep 9, 2016
Sold by
Martinez Maria Illiadora
Bought by
Reynolds Kylie Stewart
Seller's Agent
George Boghossian
Coldwell Banker Advantage
Buyer's Agent
Kara Kilpatrick
Preferred Realty
List Price
$159,900
Sold Price
$138,000
Premium/Discount to List
-$21,900
-13.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$138,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 22, 2009
Sold by
Lindsey Melissa R
Bought by
Martinez Maria Iliadora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,200
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2003
Sold by
Grasso Robert M and Grasso Ann L
Bought by
Lindsey Melissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,900
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Ellis Darrell $173,000 None Available
Reynolds Kylie Stewart $138,000 None Available
Martinez Maria Iliadora $137,000 None Available
Lindsey Melissa R $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reynolds Kylie Stewart $138,000
Previous Owner Martinez Maria Iliadora $82,200
Previous Owner Lindsey Melissa R $33,000
Previous Owner Lindsey Melissa R $10,300
Previous Owner Lindsey Melissa R $98,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $173,000 -1.1% $127 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $175,000 +26.8% $129 / Sq Ft
09/15/2016 09/15/16 Sold $138,000 -13.7% $100 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $159,900 -- $116 / 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
2023 $1,034 $167,500 $0 $167,500
2022 $982 $167,500 $0 $0
2021 $982 $167,500 $0 $0
2020 $844 $134,000 $0 $0
2019 $844 $134,000 $0 $0
2018 $844 $134,000 $0 $0
2017 $844 $120,300 $0 $0
2016 $418 $0 $0 $0
2015 $418 $120,300 $0 $0
2014 $418 $120,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3474207

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8695-CF606